Marriott Bonvoy Boundless Card Gets New Features

by Cory Santos

Chase is introducing some exciting new features to its popular Marriott Bonvoy Boundless credit card. The new features add even more value to the lucrative hotel card, which features an annual fee of $95.

Chase Adding New Benefits to Marriott Bonvoy Boundless Credit Card

Having Launched on February 10, 2022, Marriott Bonvoy Boundless cardmembers are now able to enjoy the following new benefits:

  • Earn 3X points for every $1 on the first $6,000 spent in combined purchases each year on grocery stores, gas stations, and dining
  • Earn one credit toward Elite Status for every $5,000 you spend

About the Bonvoy Boundless

These new features are in addition to the already impressive features of the co-branded hotel card. Currently, Marriott Bonvoy Boundless provides the following benefits for cardmembers:

  • Earn up to 17X total points for every $1 spent at over 7,000 hotels participating in Marriott Bonvoy:
    • Earn up to 6X points for every $1 spent at over 7,000 hotels participating in Marriott Bonvoy with the Marriott Bonvoy Boundless Credit Card
    • Earn up to 10X points from Marriott for being a Marriott Bonvoy member
    • Earn 1X point from Marriott with Silver Elite Status, a benefit of being a Marriott Bonvoy Boundless cardmember
  • Earn 2X points per $1 spent on other travel purchases
  • Earn 2X points per $1 you spend on all other purchases
  • Enjoy a Free Night Award every year after your account anniversary

The Boundless card also features a generous welcome offer of 150,000 bonus Marriott Bonvoy loyalty points. This welcome offer is good for up to three free award nights with Marriott and is earnable after new cardmembers spend $3,000 on purchases in their first three months from account opening

The Marriott Bonvoy Bold, which is now offering 30,000 bonus points after cardmembers spend $1,000 on purchases in their first three months from account opening, is another option for those looking for a credit card with no annual fee but still provides great perks.

Related Article: What are Your Credit Card Points Worth?

Featured image by KolosVito/PixaBay

The Best Road Trip Credit Cards

by Jeannyn Gomez
Best Road Trip Credit Cards of 2022

Last updated on April 26th, 2023

Summer is approaching, which is usually the perfect excuse for a road trip. Or maybe you like to road trip all year long because you’re awesome. Whatever your reason is for getting on the road, taking the right credit card on your next adventure may earn you ample rewards. Here are our top picks for the best road trip credit cards:

At a Glance


Citi Premier
Credit One Wander
Blue Cash Everyday
Capital One SavorOne

The Best Road Trip Credit Cards

Here are our top road trip credit cards:

Citi Premier® Card

Citi Premier® Card
Visit Card Site Terms & Conditions
Excellent
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Excellent
Mastercard Processing Network
$95 Annual Fee

Citi Premier® Card

  • 20.99% – 28.99% (Variable) Regular Purchase APR
  • 20.99% – 28.99% (Variable) Balance Transfer APR
  • 29.99% (Variable) Cash Advance APR

At a Glance

Earning signup bonus points is easy with the Citi Premier® Card; 3X ThankYou® Points on select travel purchases, dining and entertainment purchases, and 1X ThankYou® Point on all other eligible purchases. New cardholders can also earn a sizable introductory bonus that can be redeemed for hundreds of dollars in gift cards after the first 3 months of account opening.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • Earn 1 Point per $1 spent on all other purchases
  • Annual Hotel Savings Benefit
  • 60,000 ThankYou® Points are redeemable for $600 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases
  • Regular Purchase APR: 20.99% – 28.99% (Variable)
  • Balance Transfer APR: 20.99% – 28.99% (Variable)
  • Balance Transfer Transaction Fee: Either $5 or 5% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 29.99% (Variable)
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Penalty APR: Up to 29.99% variable based on creditworthiness and Prime Rate
  • Annual Fee: $95
  • Late Payment Penalty Fee: Up to $41
  • Return Payment Penalty Fee: Up to $41
  • You want to earn 3X bonus points on both common and occasional travel expenses, from gas and parking to flights and hotels
  • You often go out to eat and enjoy attending live entertainment experiences, such as sports games and concerts
  • You can see yourself spending $4,000 in the next 3 months in order to earn a bonus 80,000 ThankYou® Points
Citi Premier® Card

Citi Premier® Card

Terms & Conditions
Visit Card Site Terms & Conditions

A road trip calls for a credit card that will cover all your bases. For this reason, the Citi Premier® Card is at the top of our list for the best road trip credit cards of 2022. It gets you rewarded for the essentials.

Gas is crucial when you hit the road. And your gas tank is not the only thing that needs filling – so does your appetite. Luckily, the Citi Premier® Card will earn you 3X ThankYou Points per $1 spent at gas stations, grocery stores, and restaurants.

You will also earn 3X points per $1 spent on hotels and air travel, plus 1X point per $1 spent on all other purchases. Redeem your earned ThankYou Points with ease through flexible options. For instance, redeem your rewards for gift cards at ThankYou.com or use your points at checkout from select participating partners like Amazon.com or PayPal. You can also transfer your points to your favorite airline loyalty program and more.

The Citi Premier® Card does have a $95 annual fee. However, it has a $100 Annual Hotel Savings benefit that makes up for it. Enjoy $100 off a single hotel stay of $500 or more when you book through thankyou.com. So the next time you’re on your road trip adventure, stay well-rested and book a hotel stay with the Hotel Savings benefit.

Credit One Bank Wander Card

Credit One Bank Wander Card
Visit Card Site Terms & Conditions
Excellent-Good-Fair
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Excellent / Good / Fair
Visa Processing Network
See Terms Annual Fee

Credit One Bank Wander Card

  • 28.99% variable based on the Prime Rate Regular Purchase APR
  • 28.99% variable based on the Prime Rate Cash Advance APR

At a Glance

Saving money on your next staycation has never been easier, thanks to the Credit One Bank Wander Card. The card offers up to 3X points per $1 spent on eligible recreational and amusement park purchases, 2X on dining and lodging, and more.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • Earn 3X points on eligible recreational & amusement park purchases (including national parks & sporting events)
  • Earn 2X points on eligible restaurant & lodging purchases (including campgrounds)
  • Earn 1X on all other eligible purchases
  • Enjoy extra ways to get cash back rewards with Get More Rewards
  • $80 statement credit for the purchase of a qualifying National Park Pass, valid at more than 2,000 recreation areas across the U.S. This offer is available within the first year from account opening.
  • Discount on Thousand Trails Camping Pass and regular-priced experiences with Maverick Helicopters
  • Regular Purchase APR: 28.99% variable based on the Prime Rate
  • Cash Advance APR: 28.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each Cash Advance, whichever is greater
  • Annual Fee: See Terms
  • Foreign Transaction Fee: Either $1 or 3% of each purchase in U.S. dollars, whichever is greater
  • Late Payment Penalty Fee: Up to $39
  • Return Payment Penalty Fee: Up to $39
  • You love to travel to national parks or campgrounds
  • You don’t travel internationally, or prefer staycations close to home
  • You want the simplicity and versatility of the Credit One Bank rewards program
  • You don’t mind paying a modest annual fee (if applicable)
Credit One Bank Wander Card

Credit One Bank Wander Card

Terms & Conditions
Visit Card Site Terms & Conditions

You can also plan your next adventure with the Credit One Bank Wander Card with No Annual Fee. This credit card screams ROAD TRIP! Appropriate for the outdoor enthusiast who likes to travel on the road, you will earn 3X points per $1 spent on eligible recreational and amusement park purchases, including national parks and professional sporting events. Other eligible purchases include tourist attractions, aquariums, zoos, and more.

Moreover, earn 2X points on eligible restaurant and lodging purchases, including campgrounds. So you can pack up the RV, hit the road, and start exploring the outdoors with the Credit One Bank Wander Card in hand. In addition, get up to 10% More Cash Back Rewards on eligible purchases from top retailers and enjoy special offers from merchant partners like RVShare and Thousand Trails.

Most importantly, there’s no annual fee, and when it comes time to redeem your rewards, you’ll have many options. You can redeem points for cash back rewards, gifts cards, travel, and more.

Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express
Visit Card Site Rates & Fees
Excellent-Good
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Excellent / Good
American Express Processing Network
None Annual Fee

Blue Cash Everyday® Card from American Express

  • 19.24% to 29.99% variable based on creditworthiness and Prime Rate Regular Purchase APR
  • 19.24% to 29.99% variable based on creditworthiness and Prime Rate Balance Transfer APR
  • 29.99% variable based on the Prime Rate Cash Advance APR
  • 0% for 15 months from account opening date Intro Purchase APR

At a Glance

The Blue Cash Everyday® Card from American Express gives you the ability to earn cash back on purchases in a handful of common categories, including 3% cash back at U.S. supermarkets, U.S. gas stations and U.S. online retail purchases (on up to $6,000 in annual purchases for each, then 1%) and 1% on all other purchases. Though the categories with higher cash back rewards percentages are limited, they are ones in which many cardholders are likely to be spending money on anyway, hence the viability of this ca

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • Earn a $250 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months
  • No Annual Fee.
  • Balance Transfer is back! Enjoy 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, 19.24% to 29.99% variable APR
  • 3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%.
  • 3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, then 1%.
  • 3% Cash Back at U.S. gas stations, on up to $6,000 per year in purchases, then 1%
  • Get $7 back each month after using your Blue Cash Everyday Card to spend $12.99 or more each month on an eligible subscription to The Disney Bundle, which includes Disney+, Hulu, and ESPN+. Enrollment required
  • Terms Apply.
  • Intro Purchase APR: 0% for 15 months from account opening date
  • Regular Purchase APR: 19.24% to 29.99% variable based on creditworthiness and Prime Rate
  • Intro Balance Transfer APR: 0% for 15 months from account opening date
  • Balance Transfer APR: 19.24% to 29.99% variable based on creditworthiness and Prime Rate
  • Balance Transfer Transaction Fee: Either $5 or 3% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 29.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Penalty APR: 29.99% variable based on the Prime Rate
  • Foreign Transaction Fee: 2.7% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $40
  • Return Payment Penalty Fee: Up to $40
  • You make frequent credit card purchases at online retailers
  • You use your credit card to pay for groceries and gas in the United States
  • You want a one-time $250 statement credit after making just $2,000 in purchases within the first six months of the account opening
  • You do’t want to pay an annual fee
Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express

Rates & Fees
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The Blue Cash Everyday® Card from American Express is another excellent choice to take on the road. It’s a simple credit card for easy everyday use. It earns 3% cash back on groceries at U.S. supermarkets, up to $6,000 per year in purchases (then 1%).

After you get the RV packed up with fresh groceries, you’ll have to think about filling up the gas tank, too. The Blue Cash Everyday® Card will earn you 2% cash back on gas at U.S. gas stations and 1% cash back on other purchases.

Furthermore, you’ll enjoy other Amex travel benefits like Car Rental Loss and Damage Insurance. If you’re a fan of live shows, the card offers American Express Experiences, which grants exclusive access to Broadway shows and concert tours. If you’re thinking of applying for the card, you’d also get an introductory $200 bonus statement credit after. Above all, there is no annual fee, and you will get an introductory 0% purchase APR offer for a lengthy 15-month period.

Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card
Visit Card Site Terms & Conditions
Excellent
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Excellent
Mastercard Processing Network
None Annual Fee

Capital One SavorOne Cash Rewards Credit Card

  • 19.99% – 29.99% variable based on creditworthiness and the Prime Rate Regular Purchase APR
  • 19.99% – 29.99% variable based on creditworthiness and the Prime Rate Balance Transfer APR
  • 29.99% variable based on the Prime Rate Cash Advance APR
  • 0% for the first 15 months from date of account opening Intro Purchase APR

At a Glance

A younger sibling to the Savor® Rewards version, the Capital One SavorOne Cash Rewards Credit Card also highlights cash back on dining and entertainment while also extending an appealing 0% introductory APR offer.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases
  • Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
  • Earn 8% cash back on Capital One Entertainment purchases
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options. Terms apply
  • No rotating categories or sign-ups needed to earn cash rewards
  • Cash back wo’t expire for the life of the account and there’s no limit to how much you can earn
  • No foreign transaction fee
  • No annual fee
  • You’re covered by $0 Fraud Liability if your card is ever lost or stole
  • Intro Purchase APR: 0% for the first 15 months from date of account opening
  • Regular Purchase APR: 19.99% – 29.99% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for the first 15 months from date of account opening
  • Balance Transfer APR: 19.99% – 29.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: 3% of the amount of each transfer posted during the first 15 months from account opening. None for transfers that post thereafter
  • Cash Advance APR: 29.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: 3% of the amount of the cash advance, but not less than $3
  • Late Payment Penalty Fee: Up to $40
  • You frequently dine out or make purchases in the entertainment category
  • You want a cash back credit card with no annual fee and no foreign transaction fees
  • You plan to pay for your groceries with a credit card over cash or debit
  • You’re looking for exclusive cardmember perks that give access to unique experiences not available to the public
Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card

Terms & Conditions
Visit Card Site Terms & Conditions

Last but not least is the Capital One SavorOne Card. If your road trip has many stops for entertainment, this card can be the right one for you. You will earn unlimited 3% cash back on dining and entertainment. The entertainment category ranges from movie theaters and amusement parks to tourist attractions and more.

Additionally, you earn 3% cash back when you take your favorite streaming service on your road trip adventure, including popular music and video streaming services (Note that exclusions apply). You will also earn 3% cash back at grocery stores and 1% cash back on all other purchases – all for no annual fee.

With this card, you can organize your road trip activities with Complimentary Concierge Service, plus no foreign transaction fees. You also get 8% cash back on tickets at Vivid Seats, where you can buy live event tickets for concerts, sports, and theater. Your unlimited rewards never expire and can be redeemed at any cash back amount for your convenience.

Browse more of the “Best of” from BestCards

Featured image by ErikaWittlieb / Pixabay

WeWoreWhat Credit Card Offers Creators Up to 10% Back

by Cory Santos
weworewhat-credit-card-offers-creators-up-to-10-back

New fintech credit card issuer, Imprint has launched a new credit card with lifestyle brand WeWoreWhat. The new WeWoreWhat Rewards Visa Card is the first creator rewards credit card. The brand believes the new card sparks a shift in how modern brands engage with their communities to offer customized and hyper-relevant lifestyle rewards.

New WeWoreWhat Rewards Card Targets Creators

The WeWoreWhat Rewards Visa is being hailed as the first “creator rewards credit card.” The new card, issued through Imprint, lets WeWoreWhat customers benefit from best-in-class rewards by offering cardholders 10% back at WeWoreWhat, 5% at partner brands, and 1% everywhere else.

WeWoreWhat partner brands include:

Jack’s Wife Freda Maman Jack’s Stir Brew Coffee Jewelry Aureum
Lola Taverna What Goes Around Comes Life House Hotels Alteration Specialists Bandits
Little Prince Around Wellbel Tan-Luxe Snif
The Sculpt Society Lello The Label Stephanie Gottlieb Highline Wellness Kissaki Sushi

Rewards with the new WeWoreWhat Visa are available immediately and are redeemable interchangeably across partner brands. There are no confusing points or rebate programs – just straightforward and practical cashback at popular brands that are part of the WeWoreWhat world and that customers also love.

No Interest Charges

The WeWoreWhat Rewards Visa Card is designed to be highly inclusive, allowing cardholders to sign-up by linking their bank account without impacting their credit score. This process sets the WeWoreWhat Card apart from other retail credit cards, as it is a charge card and not a revolving credit card.

The card is available to a much higher proportion of the WeWoreWhat community will have access to the program than any traditional credit card, thanks to these easier credit application rules. To sign-up for the WeWoreWhat Rewards Visa Card, users download the Imprint App, connect their bank account, and can immediately use the card everywhere Visa is accepted with Apple Pay and Google Pay.

“Exclusive Benefits Across All Brands”

“WeWoreWhat is always looking for new ways to give our community innovative value, benefits, and experiences. This exciting collaboration with Imprint felt like the natural next step for WeWoreWhat, our community, and our brand partners,” said Danielle Bernstein, Founder of WeWoreWhat. “I love that we will not only reward WeWoreWhat’s loyal customers but also provide them exclusive benefits across all of the brands and restaurants that are a part of my daily life.”

“At Imprint, our mission is to build the most inclusive, rewarding way to pay and deepen relationships between great brands and their communities. We’ve built Imprint for brands that love their customers, just like Danielle and WeWoreWhat,” said Daragh Murphy, CEO & Co-Founder of Imprint.

“We love working with innovative brands that want to break new ground with hyper-relevant rewards for their communities. Danielle’s vision exemplifies the opportunity we see for influencers, creators, and brands to use our platform to engage with their communities in a way that transcends Instagram and the digital world,” said Alexandra Schwartz, Head of Growth and Merchant Partnerships at Imprint.

Related Article: Citi Sears Mastercard Offers Transfers to JetBlue, Wyndham

Featured image by WeWoreWhat

Unlock 15% More Gift Card Value w/ Citi Double Cash

by Cory Santos
unlock-15-more-gift-card-value-w-citi-double-cash

Last updated on July 21st, 2022

Gift cards are always an easy go-to present, regardless of the occasion. According to new data, 83% of Americans feel satisfied when receiving a gift card – making Citi’s latest ThankYou Rewards promotion even more rewarding. Here’s what you need to know about Citi’s new ThankYou Rewards 15% gift card savings exclusively for Citi Double Cash cardmembers:

Citi Introduces Exclusive Gift Card Bonus for Double Cash Cardmembers

Citi has introduced a new ThankYou Rewards redemption bonus for Citi® Double Cash Card – 18 month BT offer members. Double Cash cardmembers now enjoy 15% more value when redeeming ThankYou points for gift cards from Wayfair®, Sephora®, and Grubhub.

The ThankYou Gift Card catalog has grown significantly over the last year to include 140 consumer merchants. Previously, the ThankYou gift card catalog numbered around 100 merchants. Thanks to this new program versatility, the first offer just for Citi Double Cash cardmembers that much more valuable.

Giving cardmembers the chance to redeem points for gift cards from Wayfair®, Sephora®, and Grubhub for 15% fewer points through the Citi ThankYou Gift Card catalog is an excellent way to pick up a quick Mother’s Day gift – or even as a treat for themselves!

The Citi Double Cash gift card promotion breaks down as follows:

  • $10 gift card at Sephora for 850 Points (versus 1,000 Points)
  • $25 gift card at Grubhub for 2,125 Points (versus 2,500 Points)
  • $25 gift card at Wayfair for 2,125 Points (versus 2,500 Points)

Double Cash Now Earns ThankYou Points

This promotion marks the first redemption offer for Double Cash cardmembers since the card began earning 1% cash back when purchasing and 1% when paying for those purchases in the form of ThankYou Points on March 28th. Cardmembers can now seamlessly redeem their ThankYou Points for a huge array of redemption options through ThankYou Rewards, including Shop with Points, gift cards, travel, and donations to charity.

Over the last year, ThankYou Rewards has also grown to include more than 50,000 hotels and vacation rentals through Wyndham Rewards and Choice Privileges, plus new charitable redemption options with UNICEF, CODE (RED), and the Susan G. Komen Foundation. Most recently, Citi announced the opportunity to instantly Shop with Points at more than 8,200 CVS stores.

Related Article: What are Your Credit Card Points Worth?

Featured image by BestCards

Milestone Vs. Indigo Card: Read This Before Applying

by Cory Santos
milestone-vs-indigo-card-read-this-before-applying

Last updated on September 21st, 2023

Choosing a credit card when you have bad credit or are new to building credit can be challenging. There are dozens of subprime credit cards on the market – and that’s before you even begin to factor in secured credit cards.

The Milestone Mastercard and Indigo Mastercard are two popular credit builder options. Both cards are issued through Genesis Financial Services and provide a reliable platform for demonstrating financial maturity and improving credit. But because the two cards are very similar it can be tough to pick the right card for your needs.

Before you apply for your next credit card, check out this helpful guide that breaks down both the Milestone and Indigo Mastercard, their strengths, weaknesses, and the finer points that can help you make an informed decision.

At a Glance

Do Credit Builder Credit Cards Work?

First off, do credit builder cards like Indigo actually work? The simple fact is that credit repair credit cards, like the Milestone Mastercard, serve a vital role in establishing a positive credit history. And this is a role in which these credit cards for bad credit have been successful.

The growth of the US consumer credit card market in the 21st century is impressive. The total number of credit cardholders in the United States is expected to top 193 million by 2023. That number increased around 17% from 2000 when approximately 160 million Americans held credit cards.

Year Average Credit Score
2012 690
2013 691
2014 692
2015 695
2016 699
2017 700
2018 704
2019 706
2020 710
2021 716
2022 714

The credit score trend rose upward during that period, with exceptional growth over the last decade (as seen in the charts above and below). This shows that Americans have been making better choices with their credit card, despite more cards in circulation.  

good credit habits growth
Credit data courtesy of FICO

While credit builder credit cards aren’t entirely to thank for the improved credit score of the average American, their role cannot be understated. These cards:

  • Provide credit access to millions of Americans otherwise unserved
  • Offer the chance to establish, build, or repair credit
  • Provide entry to more lucrative rewards many would otherwise miss out on

Milestone Mastercard or Indigo Mastercard: Which Is Right for You?

Now that you understand the positive impacts of subprime credit cards on consumer finances, which options are best for you? Both Indigo Mastercard and Milestone Mastercard enjoy popularity among credit-building Americans – but which is best? Here is the breakdown of the cards over key credit categories:

Pre-Qualification Before Applying

Applying for a credit card requires a credit check. Often, these credit checks (or credit inquiries) are known as “hard inquiries,” meaning the bank pulls your full credit report before approving (or denying) your credit card application. If you apply for a credit card and are declined, your credit score will likely take a small hit.

One way to avoid a negative impact on your credit score before getting a new credit card is by pre-qualifying before you apply. Though they may sound similar, pre-qualification and pre-approval are not the same things.  

A pre-approval means that a lender has analyzed your credit profile based on existing credit information it holds, offering a product you will likely be approved for. On the other hand, pre-qualification means the lender has reviewed financial information from a credit profile and believes you may be a good fit for the credit card product. Pre-qualifications are also known as “soft inquiries,” as they have no impact on your credit score.

Do the Milestone and Indigo Cards Offer Pre-Qualification?

Both the Indigo Card and the Milestone Card offer a quick pre-qualification for potential applicants. This feature makes both cards versatile offers for anyone looking to boost their credit score but afraid they may not qualify due to late payments, bankruptcies, or other negative financial events.

Credit Score Needed

Because both cards are designed for those building or repairing credit, the typical FICO credit score for an applicant for the Milestone and Indigo Cards is around 600 to 640. Both credit cards are available for applicants with credit scores ranging from 300 to 850.

Annual Fees

Annual fees with credit repair cards vary significantly. Cardholders can expect a higher annual fee the lower their starting FICO or VantageScore credit score. As a general rule, expect to pay a yearly fee of up to $100 for a credit card of this type, with some charging significantly higher fees and no annual fees.

The Milestone Mastercard features a variable annual fee of between $35 and $99. Again, these yearly fees will vary depending on your offer. Like Milestone, Indigo also features a variable annual fee. Unlike Milestone, however, some Indigo Card applicants may qualify for a card with no annual fee. Other applicants may receive an annual fee rising as high as $99 per year.

Starting Credit Limits

The Milestone Mastercard has a $300 credit limit. Because Milestone charges the annual fee immediately, the starting credit limit will vary between $201 and $265. Once the annual fee is paid, the credit limit will return to $300.

The Indigo Mastercard has a $300 credit limit to start. This actual credit available may vary depending on the annual fee, however. Like the Milestone Card, Genesis Financial charges the annual fee upon card activation, meaning the starting credit limit runs between $201 and $300.

Rewards

Neither Indigo nor Milestone offers cash back rewards or points. There are no 0% intro APR periods or sign-up bonuses.

Recap

Here is a quick recap of all the features of both cards:

milestone mastercard 1200x630

Milestone Mastercard

Lees-than-perfect credit welcome

Quick, online pre-qualification

Variable annual fees of up to $99 per year

$300 starting credit limit

Regular reporting to 3 major credit bureaus

indigo platinum mastercard new

Indigo Mastercard

Bad credit, credit building

Pre-qualify with no credit impact

Fees vary between no annual fee and up to $99 per year

$300 starting credit limit

Regular reporting to 3 major credit bureaus

Things to Consider Before Applying for a Bad Credit Credit Card

Before deciding on any credit card, take the time to think about all aspects of the cards under consideration. Weigh the rates and fees against each other to see if your spending patterns match the card’s profile.

Here are a few issues to consider before choosing a credit repair credit card:

APR

One of the key metrics many credit card applicants consider before applying is the card’s APR – or interest rate on purchases. However, for cards like the Milestone and Indigo Mastercards, interest rates are secondary to annual fees, credit reporting to the major bureaus, and credit limit increases.

Instead of focusing on the card’s APR, focus on keeping your credit use low and repaying your full balance before the statement period ends. These steps will have a much greater impact on your credit health and negate the high APR.

Annual Fee Vs. Security Deposit

In many cases, secured credit cards feature lower annual fees than unsecured credit cards for bad credit. This lower annual fee is due to the requirement of a security deposit (usually around $200) that acts as collateral for the credit loan – and the credit limit.

Because of this deposit requirement, secured cards may be more cost-prohibitive for new applicants than cards like Milestone, Indigo, Surge Platinum , or countless others. Before deciding on the right credit repair card for you, consider the upfront costs associated with each option. In some cases, an unsecured card might offer greater flexibility that can help offset emergencies.

Related Article: What Are the Easiest Credit Cards for Bad Credit to Get?

Featured image by Gam-Ol /PixaBay

Citi Sears Mastercard Offers Transfers to JetBlue, Wyndham

by Cory Santos
sears mastercard thankyou citi shop your way

Last updated on May 2nd, 2022

As a majority of Americans are expecting to travel in 2022, Citi is making it even easier to plan for their next big trip. Sears Mastercard with ThankYou from Citi cardmembers now enjoy a suite of travel points transfer options, including options like JetBlue, Wyndham, and more.

 Citi Makes Changes to Sears Mastercard

With the coronavirus pandemic now taking a backseat, a new study highlights Americans’ desire to get back out and start traveling in 2022. A new report from Destination Analysts shows that more than eight-in-ten (82%) American travelers are excited to travel over the next 12 months.

Citi Adds Three Transfer Partners to Sears Mastercard with ThankYou from Citi

With so many Americans weary of life at home and ready to explore, Citi and Sears are making the Sears Mastercard even more rewarding. Sears Mastercard with ThankYou from Citi cardmembers can now transfer their ThankYou points to three leading loyalty programs. These programs provide access to more than 16,000 hotel properties and 40,000 vacation rentals.

Sears Mastercard with ThankYou from Citi cardmembers can now transfer ThankYou points to Choice Privileges, Wyndham Rewards, or JetBlue TrueBlue. Cardmembers with a Choice Privileges, Wyndham Rewards, or JetBlue TrueBlue membership can easily transfer their points online for a minimum transfer of 1,000 points. There is no fee associated with the transfer.

Other Changes

In addition to these exciting ThankYou Point transfer partners, Sears Mastercard with ThankYou from Citi cardmembers can also transfer points to Shop Your Way to use on Shop Your Way merchant partner products or redeem for gift cards with Shop Your Way Gift Cards powered by Raise. Plus, cardmembers also have access to an array of new redemption options through ThankYou Rewards, including Shop with Points, gift cards, charitable donations, and the ability to book travel.

Related Article: What are Your Credit Card Points Worth?

Featured image by picaidol/PixaBay

The Best Credit Cards for Fair Credit

by Cory Santos
Best Credit Cards for Fair Credit of 2021

Last updated on August 23rd, 2023

Credit card for excellent credit (like the Platinum Card from Amex, the Chase Sapphire Reserve) and bad credit score cards (like secured cards) tend to get the most traffic – and headlines – on sites like BestCards. But what about credit cards for people with fair credit? There are a huge assortment of credit cards for average credit, so we’ve broken them down – here are our picks for the best credit cards for fair or average credit.

The Best Credit Cards for Average Credit

Bouncing back from a bankruptcy, default, or other negative credit event can be challenging. Secured credit cards offer the easiest lifeline when it comes to credit, but the deposit requirement means their spending potential is limited for most consumers.

Reaching a “fair” credit score (a FICO Score between 580 and 669) offers the opportunity for better credit options, inducing unsecured credit cards. Unsecured credit cards for fair credit provide access to revolving credit without the need for a deposit.

Fair Credit Cards that Offer Credit Limit Increases

Surge® Platinum Mastercard®

Surge® Platinum Mastercard®
Apply Now Terms & Conditions
Fair-Poor
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Fair / Poor
Mastercard Processing Network
$75 – $125 Annual Fee

Surge® Platinum Mastercard®

  • 35.90% (Fixed) Regular Purchase APR
  • See website for details* Cash Advance APR
  • See website for details* Intro Purchase APR

At a Glance

The Surge Mastercard® can be an ideal pre-qualification option if you need to repair or continue building your less-than-perfect credit score. Though it bears annual and maintenance fees, it does, however, provide attractive perks for qualified cardholders.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • Up to $1,000 Initial Credit Limit • See if you Pre-Qualify with No Impact to your Credit Score • Less than perfect credit? We understand. The Surge Mastercard is ideal for people looking to rebuild their credit. • Unsecured credit card requires No Security Deposit • Perfect card for everyday purchases and unexpected expenses • Monthly reporting to the three major credit bureaus • Use your card everywhere Mastercard is accepted at millions of locations • Enjoy peace of mind with Mastercard Zero Liability Protection for unauthorized purchases (subject to Mastercard guidelines) • Apply with Confidence! There is no impact to your credit score if you’re not approved. See terms.
  • Intro Purchase APR: See website for details*
  • Regular Purchase APR: 35.90% (Fixed)
  • Cash Advance APR: See website for details*
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
  • Annual Fee: $75 – $125
  • Foreign Transaction Fee: 3% of each transaction in U.S. dollars
  • Late Payment Penalty Fee: Up to $41
  • Return Payment Penalty Fee: Up to $41
  • You have fair or poor credit and need to build or repair your credit ratings
  • You prefer a pre-qualification card that will immediately inform you whether you would be approved prior to applying
  • You don’t want a secured credit card or can’t afford a security deposit
  • You want a card that reports activity to the three major credit bureaus
  • You want the security of an optional credit protection program
Surge® Platinum Mastercard®

Surge® Platinum Mastercard®

Terms & Conditions
Apply Now Terms & Conditions

Surge’s credit card products are popular tools in the credit repair space. The Surge Mastercard® provides the ability to build credit with the chance of an unsecured credit limit increase – and that is an even juicer reward for someone with a non-prime credit score.

New Surge Mastercard® cardholders can watch their up to $1,000 initial credit limit double up to $2,000 in as little as six months. Celtic Bank and Surge automatically double the credit limit with on-time payments for each of the first six months of after opening a card account.

FIT™ Platinum Mastercard®

FIT™ Platinum Mastercard®
Apply Now Terms & Conditions
Fair-Poor
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Fair / Poor
Mastercard Processing Network
See Terms* Annual Fee

FIT™ Platinum Mastercard®

  • 35.90% (Fixed) Regular Purchase APR
  • See website for details* Cash Advance APR
  • See website for details* Intro Purchase APR

At a Glance

The FIT™ Platinum Mastercard® is an unsecured credit card that offers the chance of a credit line increase in just six months. The card starts with a $400 unsecured credit line.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • $400 Initial Credit Limit • Less than perfect credit? We understand. The FIT Mastercard is ideal for people looking to rebuild their credit. • Unsecured credit card requires No Security Deposit • Perfect card for everyday purchases and unexpected expenses • Monthly reporting to the three major credit bureaus • Use your card everywhere Mastercard is accepted at millions of locations • Enjoy peace of mind with Mastercard Zero Liability Protection for unauthorized purchases (subject to Mastercard guidelines) • If approved, you must pay a $95 fee to open your account. Please see the terms and conditions for when you apply.
  • Intro Purchase APR: See website for details*
  • Regular Purchase APR: 35.90% (Fixed)
  • Balance Transfer Transaction Fee: See website for details*
  • Cash Advance APR: See website for details*
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of the cash advance, whichever is greater
  • Annual Fee: See Terms*
  • Foreign Transaction Fee: 3% of the transaction in U.S. dollars
  • Late Payment Penalty Fee: Up to $41
  • Return Payment Penalty Fee: Up to $41
  • You have no credit (or bad credit) and want to build up a positive credit history
  • You don’t have the funds for a security deposit on a secured card
  • You want monthly reporting to the three major credit bureaus
FIT™ Platinum Mastercard®

FIT™ Platinum Mastercard®

Terms & Conditions
Apply Now Terms & Conditions

The FIT Platinum Mastercard is another credit card for fair credit that provides a credit line increase to qualified cardholders, automatically. New FIT cardholders can double their $400 starting credit line to $800 by simply making their first six monthly payments on-time – that’s it!

Fair Credit Cards that Earn Rewards

Some subprime – or near-prime – credit cards provide rewards. While some secured cards provide rewards points, these are usually restricted to larger banks and provide limited value due to the small credit limits those cards provide. Most rewards for average credit take the form of cash back.

Revvi Card

Revvi Card
Apply Now Terms & Conditions
Poor-Fair
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Poor / Fair
Visa Processing Network
See Terms* Annual Fee

Revvi Card

  • 35.99%* Regular Purchase APR
  • 35.99%* Cash Advance APR

At a Glance

Revvi is a full-fledged Visa® credit card that can help you improve your credit score with on-time payments and responsible use. The Revvi Card features a quick and easy application and doesn’t require perfect credit. Not only that, but Revvi also offers Cash Back Rewards^^ with on-time payments. The card also features an initial credit line of up to $500, with the chance of a credit limit increase after year one.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • 2X Rewards Power – Up To 10% Cash Back when you buy and 1% Cash Back when you pay!^^
  • An initial credit limit Up To $500 (See terms*)
  • Opportunity to request credit limit increase after twelve months, fee applies.
  • A Card That Works as Hard as You Do – Earn Up to 10% Cash Back Rewards at select merchants, 1% on Payments and Build¹ Your Credit Along the Way!^^
  • Reports monthly to all three major credit bureaus.
  • Regular Purchase APR: 35.99%*
  • Cash Advance APR: 35.99%*
  • Cash Advance Transaction Fee: Either $10, or 3% of the amount of the Cash Advance, whichever is greater
  • Annual Fee: See Terms*
  • You want to improve your credit score by making on-time payments and keeping credit use low
  • You want Visa® protections, like Zero Fraud Liability coverage
  • You’re seeking manageable monthly payments
  • You want to earn 1% Cash Back Rewards^^, on payments made to the card as well as up to 10% cash back with select merchants
Revvi Card

Revvi Card

Terms & Conditions
Apply Now Terms & Conditions

The Revvi Card is another great option for cash back rewards, but this time without the need for a security deposit. Cardholders earn 1% back on purchases^^ when paying the card’s minimum balance due every month. Cash back rewards apply towards statement credits to help pay down Revvi Card balances.

Earning 1% cash back while building credit is an excellent feature, making Revvi a solid option for anyone seeking to boost their score and get rewarded at the same time. Revvi also offers the chance at a credit limit increase, with credit reviews on accounts as early as 12 months after opening.

Browse more of the “Best of” from BestCards

^^See Revvi Rewards Program Terms & Conditions for details.

Related Article: What Are the Easiest Credit Cards for Bad Credit to Get?

Featured image by Ramdlon /PixaBay

Earn 3% Back with the PayPal Mastercard

by Cory Santos
earn-3-back-with-the-paypal-mastercard

Last updated on April 7th, 2023

The PayPal Cashback Mastercard just got a whole lot better. Synchrony has announced major changes to the cash back credit card, with cardholders now earning 3% back on PayPal purchases in addition to the already impressive 2% back on all purchases.

Synchrony Makse Changes to the PayPal Cashback Mastercard

Significant changes are coming to the PayPal Cashback Mastercard from Synchrony. New and existing PayPal Mastercard cardholders will soon earn an unlimited 3% cash back on PayPal purchases – with no caps on the total amount of rewards earnable. That 3% back is on top of the unlimited 2% cash back cardholders already earn on all other purchases anywhere that  Mastercard is accepted worldwide.

The ability to earn 3% back on PayPal is exceptional. The service already provides extensive online coverage, but many retailers and restaurants are beginning to accept PayPal QR codes as a payment method. This, in turn, means the opportunities to earn up to 3% back continue to grow.

paypal cash back mastercard interface

The PayPal Cashback Mastercard is like many other cash back credit cards, but with a key difference. Cash back is applicable towards the minimum balance due, depositing in external bank accounts, or a user’s existing PayPal account for making purchases at more than 35 million locations (and growing). Most card issuers wait until the end of the monthly billing cycle before debiting points or rewards. The cash back rewards with Synchrony’s PayPal credit card are available online almost immediately.

New Welcome Bonus

Synchrony is also adding a new sign-up bonus for new applicants. Once the 3% cash back on PayPal purchases offer goes live, new PayPal Mastercard applicants will earn applicants a $100 welcome bonus after the first $500 spent on purchases in the first three months.

Coming Soon

“Our customers shopped across 34 different categories last year, showcasing the diversity of their needs and interests, and we wanted to build a credit product that was flexible and better-matched rewards with their spending behaviors,” said Susan Schmidt, VP of Consumer Credit, PayPal, in a statement accompanying the news.

The waitlist for the relaunch is available here. Currently, there is no known public date for the card’s relaunch.

Related Article: Cardless to Launch LATAM Credit Card in 2022

Featured image by kreatikar/PixaBay

BNPL Loans May Soon Count Towards Credit Scores

by Jeannyn Gomez

Last updated on March 17th, 2023

Buy Now, Pay Later loans have gained popularity at store (and online) checkouts. Last year, 45 million Americans used BNPL services, an increase of 220% since 2020. But soon, BNPL loans may affect credit scores. Here’s what you need to know:

What Is BNPL?

Buy Now, Pay Later (BNPL) services have become a popular financing option among consumers in the past couple of years. While the idea has been around for decades, BNPL services are more relevant in recent times due to the coronavirus pandemic’s financial effects on borrowers. BNPL services have created their market in the world of loans. The service divides a purchase into installment loans of multiple equal payments. Often these payment plans include interest charges and fees; however, some providers charge neither. Hence the appeal among borrowers, especially Gen Z.

Some of the big names in the BNPL industry include fintech companies like Affirm and Klarna. But credit card providers also serve their customers with the convenience of BNPL options. For example, there’s Slice by First National Bank of Omaha (FNBO), Plan It (from Amex), My Chase Plan (from Chase), and more. In the same vein, all Upgrade Credit Cards work in installment loans promising fixed rates and predictable payments.

How BNPL Loans Will Affect Your Credit

Today’s credit scoring models are designed to assess risk based on payment behaviors for mainstream credit products, unlike BNPL loans. However, the three major credit bureaus – Experian, Equifax, and TransUnion – will start collecting data from BNPL purchases, according to their press release. To clarify, the collected data will not negatively influence consumer credit scores just yet.

Major Credit Bureaus and New BNPL Reporting

Credit Bureaus have a plan in place to avoid negative credit score impacts. For instance, in the spring of 2022, Experian will unveil the Buy Now, Pay Later Bureaus ™. Its purpose is to give lenders visibility into financial inclusion and risk assessment while preventing a negative effect on consumer credit scores.

Similarly, TransUnion has introduced its new Point-of-Sale Suite of Solutions. Liz Pagel, Senior Vice President and Consumer Lending Business Leader at TransUnion explained, “TransUnion’s approach helps lenders and consumers ensure credit activity is captured in a manner that maximizes benefits for consumers and to the overall credit ecosystem.” The Point-of-Sale Suite of Solutions is meant to help people get credit for payments made towards BNPL loans.

Moreover, Equifax will be the only one of three bureaus to include BNPL loans in core credit score calculations. Ultimately, it is the BNPL provider’s choice to report the BNPL data to Equifax or how to incorporate it.

What Does This Mean For You?

BNPL users may think the service can easily replace their credit cards, and that may be because of how easy it is to use. The equally divided installment loans make a more manageable monthly payment for purchases that may not fit your budget. However, the financial access BNPL loans provide doesn’t come without penalty. These types of loans may still charge fees for late or missed payments, but as mentioned previously, not all BNPL services charge interest. Above all, the majority will not impact your credit scores. However, it’s easy to get carried away and dig a debt hole in your pockets. For these reasons, it’s crucial to practice discipline when paying back BNPL loans, mainly because it may affect your credit score in the future.

Related Article: Experts Warn of Buy Now, Pay Later (BNPL) Dangers

Featured image by BlackJack3D/Getty Images Signature

Invest Rewards Fast with the New Robinhood Cash Card

by Cory Santos
invest-rewards-with-the-new-robinhood-cash-card

Last updated on August 22nd, 2022

Investment app Robinhood has a new debit card. Dubbed the Robinhood Cash Card, the new debit card lets users choose to round up their change to the nearest dollar and invest it in assets of their choice.

Robinhood Launches New Investment Debit Card

Robinhood Markets has launched a new debit card that allows spare change investing as it looks to expand beyond trading and into more consumer finance verticals, taking on leading fintech giants Chime and PayPal. The card is being offered by Robinhood Money, a brokerage subsidiary of the fintech.

About the Robinhood Cash Card

The biggest feature of the Robinhood Cash Card is the option to automatically invest in assets like stocks and crypto when making purchases. Robinhood rounds up transactions made with the card to the nearest dollar. Users can then use those extra funds to buy crypto assets or stocks through the Robinhood platform.

Robinhood has also stated that Robinhood Cash Cardholders can keep separate accounts for investing and spending. This new debit card product will replace the company’s existing cash management product, which keeps all funds in a dedicated brokerage account.

“The younger generation is debit card-primary, so that is a primary focus,” said Robinhood’s Chief Product Officer Aparna Chennapragada. He added that Robinhood was trying to capitalize on a consumer shift towards debit cards and digital/online spending.

Rewards Debit Cards Continue to Enjoy Popularity

The new Robinhood Cash Card isn’t the only debit card that lets users. Other apps, like Chime and Acorns Grow, also allow spare change investing. The M1 Spend Visa debit card synch seamlessly with an existing investment account to allow spending of dividends and investment sales. Other reward debit card options include the popular Extra Mastercard, the Fold Visa prepaid card, and the Aspiration Debit Card.

Related Article: The Best Fintech & Crypto Credit Cards of 2022

Featured image by Robinhood

New Victoria’s Secret Mastercard Launches

by Cory Santos
new-victorias-secret-mastercard-launches

Fans of Victoria’s Secret can now earn rewards no matter where they shop, thanks to the new Victoria’s Secret Mastercard® from Bread/ Comenity Bank. The new Victoria’s Secret and PINK Mastercard offers up to 7.5% back in rewards on purchases with the brand for no annual fee.

Bread Launches New Victoria’s Secret Rewards Credit Card

Victoria’s Secret and Bread Financial have launched a new co-branded retail credit card. The new Victoria’s Secret Mastercard® offers up to 7.5% back in rewards on Victoria’s Secret and PINK purchases, 2% back on travel, dining, and streaming services, and 1% back on all other purchases. The 7.5% back in rewards only applies to Victoria’s Secret Gold members. The basic earning rate for the card is 5% back on Victoria’s Secret and PINK purchases.

New Victoria’s Secret Mastercard® cardmembers also receive a $30 welcome bonus offer after spending $500 outside of Victoria’s Secret within 90 days of activating their new card. Cardmembers will also experience Mastercard® benefits, including Priceless Experiences. At the same time, peace of mind is delivered through protection benefits, including Mastercard® ID Theft Protection™, Mastercard® Zero Liability Protection, and Global Emergency Services.

“Expanded Benefits We Know Matter”

“Bread Financial is thrilled to continue our nearly three-decade-long relationship with Victoria’s Secret, our longest-standing brand partner,” said Val Greer, EVP, and CCO, Bread Financial, in a press release. “Our renewed agreement expands our product suite to include a co-brand card with Mastercard®, enabling us to offer our award-winning credit and loyalty products to Victoria’s Secret customers, driving customer value and continuing our commitment to expansive innovation.”

“People are looking for payment methods and rewards that match their individual interests and daily lives,” said John Levitsky, EVP, Mastercard®. “Working with Bread Financial and Victoria’s Secret, we’re bringing Victoria’s Secret shoppers compelling card products with rewards in categories most meaningful in-store and online.”

“The Victoria’s Secret Mastercard provides new and longtime customers with expanded benefits we know matter to them, including more options to pay how they want to and the ability to earn rewards faster,” added TJ Johnson, CFO, Victoria’s Secret & Co.

About Bread Financial

Bread Financial is a financial services company that formerly operated under Alliance Data. Bread is the parent company of Comenity Bank, one of the largest issuers of co-branded credit cards on the market today.

Related Article: Bank of America Launches Business Advantage Secured Card

Featured image by Shopify/author

Cardless to Launch LATAM Credit Card in 2022

by Cory Santos
cardless-to-launch-latam-credit-card-in-2022

Last updated on March 7th, 2024

Cardless and Delta-owned South American airline LATAM are partnering for a new co-branded credit card. The new LATAM Airlines credit card program will combine the lucrative earning potential of LATAM Pass with the digital facing technological expertise of Cardless.

Cardless and LATAM Airlines to Launch Airline Rewards Credit Card

Fintech Cardless had quite the 2021. The company launched various co-branded rewards cards with some of the biggest names in sports, including the Cleveland Cavaliers, Manchester United, Miami Marlins, and Boston Celtics. That hot streak continued with the launch of the New Orleans Pelicans Mastercard earlier this year.

Now, Cardless is hyping the launch of another upcoming co-branded credit card – but this new offering isn’t with a major league sports franchise. LATAM, a Santiago, Chile-based international airline, and Cardless will launch a new co-branded United States credit card program for avid American travelers – the LATAM Airlines credit card.

Cardless credit cards offer several features designed for digital-native consumers via security and easy access. Potential applicants can quickly apply using their smartphones. A virtual card will be delivered to their mobile wallet seconds upon approval. The entire Cardless process operates through the fintech’s intuitive app, including synching the accountholder’s bank information for seamless payments and no-fuss account management.

The upcoming LATAM Cardless credit card will be the South American carrier’s first U.S. consumer credit card since the ending of the airline’s previous relationship with U.S. Bank several years ago. That relationship included three co-branded airline credit cards: the LATAM Visa Signature, LATAM Visa, and the LATAM Secured Visa.

“We Can’t Wait”

“We are beyond thrilled to be joining forces with LATAM in our first foray into travel rewards credit cards,” said Michael Spelfogel, President and Co-Founder of Cardless, in a statement. “Moving beyond entertainment and leisure, travel rewards are an absolute necessity in the 21st century – a fact that the isolation of the past two years has only intensified. We can’t wait to help LATAM reward their customers with tangible benefits that bring people across the world back together.”

“We strive to continuously improve our customer experience, and this new partnership seeks to offer more options for accumulating miles through a simpler and more intuitive digital experience. Fintech companies are pioneers in adaptability and flexibility with the end-user in mind. The LATAM Airlines Credit Card program exemplifies this.”, added Paola Peñarete, Vice President of Sales for North America, Caribbean, Mexico, and Asia, LATAM Airlines Group.

Related Article: New IHG® Rewards Premier Business Mastercard® Launches

Featured image by Cardless

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BestCards is an independent, Florida-based credit card comparison platform. Many of the card offers that appear on this site are from companies from which BestCards receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). BestCards does not include all card companies or all card offers available in the marketplace.