topic Re: Cashback rates tied to spending in Credit Cards

Cashback rates tied to spending

marty56 — Sun, 15 Apr 2012 11:47:15 GMT

It seems my CU, RBFCU has changed the terms of their cashback MC. It was 1% on all purchases but now you need to run 3K a year through it to get that rate.

LOL the 3k is no problem but was wondering if others have seen their CCCs doing that as well. I know Discover does that.

Re: Cashback rates tied to spending

webhopper — Sun, 15 Apr 2012 11:55:50 GMT

Discover does this. My amazon visa does not. Navy federal does not. With navy if you spend over 10k you get 1.5%. I met the 3k spend for discover in January. Amex does.not do this with my zync MR points

Re: Cashback rates tied to spending

clocktick — Mon, 16 Apr 2012 01:07:03 GMT

That's why I don't use Discover unless it's a 5% category. NASA credit card has one of the best in my opinion:

Start earning Cash Rewards today! Rebate is based on net monthly purchases as follows:

1% rebate for purchases up to $1,000
1.25% rebate for purchases from $1,001 up to $2,000
2% rebate for purchases from $2,001 or more

^^^

I think that's one of the better ones and joining the CU can be free. I feel it's a lot for the least strings attached.

Re: Cashback rates tied to spending

trumpet-205 — Mon, 16 Apr 2012 01:18:12 GMT

IIRC all you need to do is join consumer conuncil (free) to be eligible for NASA credit union.

I hate it when CC company do spending tier on rewards.