topic Re: Credit Unions with 2% cash back cards in Credit Cards

Credit Unions with 2% cash back cards

Green456 — Sun, 11 Aug 2019 01:49:52 GMT

So I would like to know credit unions that anybody can qualify that offer 2% cash back credit cards:
So far I know only of following:

Alliant: 2points per dollar
Signature: 2points/dollar

PenFed 2% with $500 in checking
PSECU 2% with $500 direct deposit

SDFCU 2% flat out cash-back

Anything else out there?

Again credit unions ANYONE can join. No banks.

Re: Credit Unions with 2% cash back cards

creditfan — Sat, 10 Aug 2019 15:38:00 GMT

let me repeat myself

I've metioned in a few threads

RBFCU 2%

redeem after a year

Re: Credit Unions with 2% cash back cards

Jetboy — Sat, 10 Aug 2019 16:43:40 GMT

I think RBFCU membership is restricted to Texas residents.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 17:13:49 GMT

@Jetboy wrote:
I think RBFCU membership is restricted to Texas residents.

Yeah that was my understanding as well.

I went looking at the 50 largest CUs in the country yesterday and didn’t find any 2% cards that were open to everyone that aren’t already in that list unless they used points programs that didn’t give you 1cpp value for cash back.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 18:00:40 GMT

Worked the Membership for the RBFCU and experimented with the address and they are geo restricted. There are many organizations they allow to gain access so a person could run that approach (seem to be from the same geo area however).

Re: Credit Unions with 2% cash back cards

Aim_High — Sat, 10 Aug 2019 19:06:24 GMT

Some other options that might be available to the general population but not necessarily credit unions:

* Navy Federal CU Flagship Rewards Visa

pays 2 points (2% cash back) on everything although it has $49 AF.

(*However, if you use the TSA Global Entry reimbursement every 5 years at $100, it effectively

lowers AF by $20/yr to $29. NFCU membership does require military-affiliation but extends family

relationships pretty widely to cover Parents, Grandparents, Spouses, Siblings, Children (including

adopted and stepchildren), Grandchildren, and Household members.)

BBVA Bank Rewards Visa

pays 2% back with a $1K monthly Direct Deposit.

First National Bank Omaha (FNBO) Complete Rewards Visa

pays 2% when deposited into a bank account, mortgage, or 529 plan with them.

Also, for those of us who are veterans:

*Randolph-Brooks FCU is open to membership for all veterans if

I'm not mistaken, regardless of geofencing.

* PenFed FCU does not require keeping an account or a $500 DD for

veterans when enrolled in their Honors Advantage program.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 19:03:46 GMT

I thought PenFed you just needed an access america Checking account with 500 sitting in it. No direct deposit required.

Re: Credit Unions with 2% cash back cards

AlpedHuez — Sat, 10 Aug 2019 19:04:51 GMT

Signature FCU

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 19:09:15 GMT

@Aim_High FNBO's card you referenced is normally geo fenced unless they run a promo. As to Randolph-Brooks FCU there are requirements for the veterans.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 19:45:25 GMT

If we are including banks, Key has their cash back card. It’s 1.5% normally but if you have an average daily balance of $1K each in checking and savings, it’s 2%.

Honestly there are so many hoops with most of the 2% cards that I would pretty much rather just cut my spending by .5% rather than deal with the hassles. It’s only like $50 a year if I actually threw all of my spend on that card (which I don’t) which I can make up with a single sign up bonus and thensome.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:29:36 GMT

@Anonymous wrote:
If we are including banks, Key has their cash back card. It’s 1.5% normally but if you have an average daily balance of $1K each in checking and savings, it’s 2%.

Honestly there are so many hoops with most of the 2% cards that I would pretty much rather just cut my spending by .5% rather than deal with the hassles. It’s only like $50 a year if I actually threw all of my spend on that card (which I don’t) which I can make up with a single sign up bonus and thensome.

Just to reiterate my view on this: very much a matter of personal preference. I have PPMC, FIdelity VIsa and Citi DC, and have regularly used all at various times. Very few hoops (in what matters for me) on any of them, and now I am pretty happy with PPMC (although I get it lacks features for some!) Reward maximization is so much my goal that it would take a lot to switch to a lower earning card for some convenience. But clearly, YMMV!

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:36:57 GMT

Nusenda Credit Union is open and they have a rotating 5% CB card!

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:37:39 GMT

@Anonymous wrote:
@Anonymous wrote:
If we are including banks, Key has their cash back card. It’s 1.5% normally but if you have an average daily balance of $1K each in checking and savings, it’s 2%.

Honestly there are so many hoops with most of the 2% cards that I would pretty much rather just cut my spending by .5% rather than deal with the hassles. It’s only like $50 a year if I actually threw all of my spend on that card (which I don’t) which I can make up with a single sign up bonus and thensome.
Just to reiterate my view on this: very much a matter of personal preference. I have PPMC, FIdelity VIsa and Citi DC, and have regularly used all at various times. Very few hoops (in what matters for me) on any of them, and now I am pretty happy with PPMC (although I get it lacks features for some!) Reward maximization is so much my goal that it would take a lot to switch to a lower earning card for some convenience. But clearly, YMMV!

I can get over the lack of transaction notifications for the PayPal or a dedicated app but not the way that Synchrony handles disputes and fraud. My time is worth more than .5% cash back on a tiny bit of my spending. I have spent $938 on the PayPal card since I got in January. That’s an extra $4.92 in cash back over my QS but if I have a problem with my QS, it’s a 10 minute phone call and there’s a new card in the mail and a dispute filed with me having to do no further work.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:38:25 GMT

@Anonymous wrote:
Nusenda Credit Union is open and they have a rotating 5% CB card!

Nusenda is a huge hassle to join. Ask @Anonymous about the hoops he had to go through!

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:40:42 GMT

Errr- Nusenda might be state specific w/o a donation. They do have some great rates though and a quick call could confirm open enrollment, unless someone out of the state/area can confirm mrmbership. Sorry about previous post w/o triple-checking.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:42:39 GMT

@Anonymous wrote:
@Anonymous wrote:
Nusenda Credit Union is open and they have a rotating 5% CB card!
Nusenda is a huge hassle to join. Ask @Anonymous about the hoops he had to go through!

That's a bummer if it was a hassle. They are actually pretty awesome with deposits and super fast transfers. My only complaint is whenever I pay my CC it takes forever and their website/app is lacking.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:48:13 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Nusenda Credit Union is open and they have a rotating 5% CB card!
Nusenda is a huge hassle to join. Ask @Anonymous about the hoops he had to go through!
That's a bummer if it was a hassle. They are actually pretty awesome with deposits and super fast transfers. My only complaint is whenever I pay my CC it takes forever and their website/app is lacking.

Yeah they will let members in from out of NM if they join the LaMontañita co-op but that in itself is a long process. I was interested until Birdman7 told me the whole saga.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:56:16 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Nusenda Credit Union is open and they have a rotating 5% CB card!
Nusenda is a huge hassle to join. Ask @Anonymous about the hoops he had to go through!
That's a bummer if it was a hassle. They are actually pretty awesome with deposits and super fast transfers. My only complaint is whenever I pay my CC it takes forever and their website/app is lacking.
Yeah they will let members in from out of NM if they join the LaMontañita co-op but that in itself is a long process. I was interested until Birdman7 told me the whole saga.

Yikes! My son is a member and how I got my membership.

Re: Credit Unions with 2% cash back cards

Anonymous — Sat, 10 Aug 2019 21:58:09 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Nusenda Credit Union is open and they have a rotating 5% CB card!
Nusenda is a huge hassle to join. Ask @Anonymous about the hoops he had to go through!
That's a bummer if it was a hassle. They are actually pretty awesome with deposits and super fast transfers. My only complaint is whenever I pay my CC it takes forever and their website/app is lacking.
Yeah they will let members in from out of NM if they join the LaMontañita co-op but that in itself is a long process. I was interested until Birdman7 told me the whole saga.
Yikes! My son is a member and how I got my membership.

My understanding is that they used to be a lot more open until their card got posted online and they got inundated with interest. This was before they changed their name from NMEFCU.

Re: Credit Unions with 2% cash back cards

Green456 — Sat, 10 Aug 2019 22:13:58 GMT

@Anonymous wrote:
If we are including banks, Key has their cash back card. It’s 1.5% normally but if you have an average daily balance of $1K each in checking and savings, it’s 2%.

Honestly there are so many hoops with most of the 2% cards that I would pretty much rather just cut my spending by .5% rather than deal with the hassles. It’s only like $50 a year if I actually threw all of my spend on that card (which I don’t) which I can make up with a single sign up bonus and thensome.

No we are definitely not including banks.