ABOC Platinum Rewards Mastercard® Credit Card
on Amalgamated Bank of Chicago's website
ABOC Platinum Rewards Mastercard® Credit Card
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
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.
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