The ABOC Union Strong Mastercard® Credit Card offers a potentially rich rewards program, a $0 annual fee, a low ongoing interest rate and benefits for union members.
You can also show your union affiliation by electing to have your union’s logo (if available) on your card.
It shares many of the same features as the ABOC Platinum Rewards Mastercard® Credit Card. But that card is available to those with fair credit, typically meaning FICO scores of 630 or higher. The Union Strong version requires good to excellent credit — FICO scores of 690 or higher.
Here are five things to know about the ABOC Union Strong Mastercard® Credit Card.
1. Earning points is easy
Cardholders earn 5 points per $1 spent on up to $1,500 in combined spending on categories that rotate every quarter (1 point per $1 spent on everything else). For 2019 and 2020, the bonus categories are:
|ABOC bonus rewards categories for 2019 and 2020|
|2019 categories||2020 categories|
|Q1 (Jan. 1 – March 31)||• Dining.|
|• Recurring payments (including utilities, cell phone plans, cable, insurance payments, streaming services and subscription services).|
|Q2 (April 1 – June 30)||• Home improvement (including warehouse and wholesale club purchases).||• Dining.
• Transportation expenses: Rideshare services, gas and mass transit.
|Q3 (July 1 – Sept. 30)||• Travel purchases: Airfare, cruises, car rentals, hotels and travel agency services.||• Dining.
• Entertainment (including movies and theme parks).
• Travel purchases: Airfare, cruises, car rentals, hotels, timeshares and travel agency services.
• Transportation expenses: Gas, tolls, rideshare services and mass transit.
|Q4 (Oct. 1 – Dec. 31)||• Automotive purchases (including services, repairs and parts).||• Holiday shopping (including superstores, department stores, electronics stores, Costco.com and Amazon.com).|
Unlike with other cards that offer 5X rotating bonus categories, ABOC says quarterly activation of those categories isn’t required. Once you register via ABOCRewards.com to qualify for the bonus 5X, you’re covered going forward.
The ABOC Union Strong Mastercard® Credit Card also offers a sign-up bonus: Earn $150 statement credit after you spend $1,200 on purchases within the first 90 days from account opening. There’s no cap on what you can earn, and as long as your card is open, your points don’t expire.
2. You have several redemption options, but not all are created equal
You can redeem your points through the rewards portal at ABOCRewards.com for travel, statement credits, gift cards and merchandise. You can also gift points to other ABOC members.
However, point values vary depending on what you choose to redeem them for. Travel redemption options (including flights, hotels, car rentals and vacation packages) yield the best value, at about a penny per point. Statement credit and merchandise are considerably worse values, redeeming at about 0.75 cents per point. Gift cards rates can range between 0.7 to 1 cent per point.
In short, the ABOC Union Strong Mastercard® Credit Card is a solid travel rewards option, but not a great cash-back card.
3. It offers union member-friendly benefits
The ABOC Union Strong Mastercard® Credit Card offers a unique benefit for union members that allows you to skip one or more minimum payments if:
- You are on a union-sanctioned strike for at least 30 days and your union notifies the credit card issuer of this.
- Your union has chosen “no-pay” option months.
Keep in mind that interest will still accrue on your unpaid balance even if you’re allowed to skip a minimum payment. However, you won’t be charged a late fee.
4. The APR is low
New cardholders can enjoy an intro 0% on Purchases for 12 months and Balance Transfers for 18 months, and then the ongoing APR of 10.75% Variable. This is one of the lowest ongoing interest rates available for a card that also offers a 0% intro APR period, making it ideal if you plan to carry a balance beyond the first year. The balance transfer fee is 3%.
Looking for other low-interest options or cards with 0% intro APR periods? We’ve got you covered.
5. It offers protection for your purchases
If an item’s price goes down after you buy it, Mastercard’s price protection feature can help. If you paid for an item with your ABOC Union Strong Mastercard® Credit Card and the price decreases within 60 days of purchase, you can file a claim for reimbursement of the difference — a helpful feature if you happen to make a large purchase right before a holiday sale, and a perk that’s getting harder to find.
You can also protect your purchases beyond the manufacturer’s warranty with the card’s extended warranty feature.