ABOC Platinum Rewards Mastercard® Credit Card

ABOC Platinum Rewards Mastercard® Credit Card

on Amalgamated Bank of Chicago's website

ABOC Platinum Rewards Mastercard® Credit Card

ABOC Platinum Rewards Mastercard® Credit Card

ABOC Platinum Rewards Mastercard® Credit Card

on Amalgamated Bank of Chicago's website

Card details

  • 0% Intro APR on Purchases for 12 months and Balance Transfers for 18 months; after that the variable APR will be 14.40% – 24.40%, based on your creditworthiness

  • Earn $150 Statement Credit after you spend $1,200 on purchases within the first 90 days from account opening

  • Earn 5x rewards on up to $1,500 in combined purchases each quarter in popular categories such as dining, groceries, travel, and automotive

  • No upper limit on the points you can accumulate, and since points never expire, you can save up for a big award!

  • Earn Points on Every Purchase! It's simple: $1 = 1 Point

  • No Annual Fee or Foreign Transaction Fee

  • Select Your Rewards Your Way

Rates, fees & offers

  • Annual fee

    $0

  • Rewards rate

    1x-5x

  • Bonus offer

    Earn a $150 Statement Credit after you spend $1,200 on purchases within the first 90 days from account opening.

  • Intro APR

    0% on Purchases for 12 months and Balance Transfers for 18 months

  • Ongoing APR

    APR: 14.40% - 24.40% Variable APR

    Cash Advance APR: 26.49%, Variable

  • Balance transfer fee

    3% of each balance transfer; $5 minimum

  • Foreign transaction fee

    None

Recommended credit score

Not sure which card is best for you?

Take a simple quiz to find out

NerdWallet review

By Sara Rathner

Rating details

4.6

Editor's overall rating

Pros and cons

Pros
  • Intro APR period on Purchases and Balance Transfers

  • No Annual Fee

  • Qualify with average credit or better

  • Sign-up bonus

Cons
  • Fee of 3% of each balance transfer (minimum $5)

  • Poor cash-back redemption option

  • If you value simplicity, a flat-rate card may be better

The ABOC Platinum Rewards Mastercard® Credit Card is an ideal option for people looking to strengthen their credit while earning rewards for their spending.

Issued by Amalgamated Bank of Chicago, the $0-annual-fee card offers some perks not generally found on products for fair credit. Most notably, it unveiled changes to its rewards program in 2019, becoming a rotating-bonus-category product that offers elevated rewards in specific areas of spending that change each quarter. Cardholders can earn:

--5 points per $1 spent on up to $1,500 in combined spending on categories that change each quarter (1 point per $1 after reaching that threshold).

--1 point per $1 on all other purchases.

Points can be redeemed online for gift cards, statement credits, merchandise and travel. Redemption values vary by method. There’s no points cap, and they don’t expire.

For more information, see our full review of this card.