topic Re: Abound Credit Union in Credit Cards

Abound Credit Union

RainboBright — Sun, 02 Mar 2025 07:14:09 GMT

Interested in thier 5% Gas Card, as I go through about $25k in gas a year. I have been rebuilding my credit since my divorce, and been able to get some decent cards as of recent, so will need to cool a little as have some recent pulls and new accounts. Any data points on Abound CU? Thier website fine print says $10 membership fee, is this monthly, annually, one time? Get a checking account with them first and let that ride for a few months? Any info would be great.

Re: Abound Credit Union

coldfusion — Sun, 02 Mar 2025 13:30:37 GMT

Abound FCU formerly Fort Knox FCU does get mentioned here occasionally; if you run searches on the site you'll find some data points. You might want to start your research by searching for "Abound" to get recent info, "Fort Knox" to get older data points. Running a search in the Approvals section of the forum should provide some useful info.

As I understand it they nowadays they prefer in-state applicants over non-residents, not sure if they hold out-of-staters to a higher standard for approval but I believe the limits they now usually get are low enough that in your case if approved you might find yourself having to at least occasionally cycle the card.

Re: Abound Credit Union

GhostCredit — Sun, 02 Mar 2025 15:59:36 GMT

I would recommend you to get the pnc cash rewards, it used to have a $100 sub but now $250 for $1k spend, only up to $8k a year. Then look at the citi custom cash. Get cards that has a bonus cause the fort Knox card has no bonus plus I heard they shut down people's accounts as they're sensitive to soft inquiries or something like that.

Re: Abound Credit Union

Varsity_Lu — Sun, 02 Mar 2025 17:57:33 GMT

@GhostCredit wrote:
I would recommend you to get the pnc cash rewards, it used to have a $100 sub but now $250 for $1k spend, only up to $8k a year. Then look at the citi custom cash. Get cards that has a bonus cause the fort Knox card has no bonus plus I heard they shut down people's accounts as they're sensitive to soft inquiries or something like that.

Only 4% on gas. He'd make an extra $250 every year with a 5% card on $25k gas spend. A capped 4% card with a SUB is a step back. And it's PNC Bank. No thanks.

Re: Abound Credit Union

Kforce — Sun, 02 Mar 2025 18:14:00 GMT

Just a note of caution.

Almost all personal cards from Banks, and Credit Unions have wording that spend should be for personal and normal purchases. They might look at $2,000 a month gas spend as "Business" or "Gaming Rewards", and close the card even if it does not have a cap in the wording. Depending on which place you look up stats, average spend per person is <= $200 a month. Would be better to have 4-5, 5% cards and shuffle.

Re: Abound Credit Union

DaWhole9 — Sun, 02 Mar 2025 21:23:25 GMT

Look into the AAA travel card it's also a 5% gas card. I think that's the one I will get when I am ready for my next card. It's only 5% on the first $7000. Abound doesn't list limitations to 5%. But might be an option especially if Abound has a cap for 5% cash back.

Re: Abound Credit Union

Hansolojr — Mon, 03 Mar 2025 00:41:19 GMT

I have had their card for around 3 years. The $10 fee is one time.

I was approved for $2,000 SL while having 4/12 and 4/24 new accounts. Around 780 fico at the time. Abound told me all non-Kentucky residents start at 2k.

I requested CLI last year and was told all CLI are hard pulls (TransUnion.) I asked what can I get with just a soft pull, since any usage at my low limit spikes utilization. Underwriting then doubled it to 4k with a SP.

The 5% cash back automatically credits upon statement closing so I like it much better than Costco Visa, and the uncapped nature beats AAA/Citi Custom/BofA Customized, in my opinion. I would just call Abound first to make sure they still accept non-Kentucky apps (unless you already live there.) Good luck.

Re: Abound Credit Union

IcyCool7227 — Mon, 03 Mar 2025 09:19:15 GMT

@Hansolojr wrote:
I have had their card for around 3 years. The $10 fee is one time.

I was approved for $2,000 SL while having 4/12 and 4/24 new accounts. Around 780 fico at the time. Abound told me all non-Kentucky residents start at 2k.

I requested CLI last year and was told all CLI are hard pulls (TransUnion.) I asked what can I get with just a soft pull, since any usage at my low limit spikes utilization. Underwriting then doubled it to 4k with a SP.

The 5% cash back automatically credits upon statement closing so I like it much better than Costco Visa, and the uncapped nature beats AAA/Citi Custom/BofA Customized, in my opinion. I would just call Abound first to make sure they still accept non-Kentucky apps (unless you already live there.) Good luck.

What AAA website location are you referring to? It must be for a different region as the https://www.acg.aaa.com/

shows only 3% for gas.

Re: Abound Credit Union

coldfusion — Mon, 03 Mar 2025 12:47:18 GMT

@IcyCool7227 wrote:
What AAA website location are you referring to? It must be for a different region as the https://www.acg.aaa.com/
shows only 3% for gas.

Some of the regional AAA entities promote the co-branded cards issued through Bread Financial, others promote the card issued through US Bank. The card that gives 3% on gas is the one issued by US Bank, the 5% gas card (AAA Travel Advantage) is one of the ones issued by Bread Financial.

Re: Abound Credit Union

ptatohed — Mon, 03 Mar 2025 17:07:36 GMT

@IcyCool7227 wrote:
@Hansolojr wrote:
I have had their card for around 3 years. The $10 fee is one time.

I was approved for $2,000 SL while having 4/12 and 4/24 new accounts. Around 780 fico at the time. Abound told me all non-Kentucky residents start at 2k.

I requested CLI last year and was told all CLI are hard pulls (TransUnion.) I asked what can I get with just a soft pull, since any usage at my low limit spikes utilization. Underwriting then doubled it to 4k with a SP.

The 5% cash back automatically credits upon statement closing so I like it much better than Costco Visa, and the uncapped nature beats AAA/Citi Custom/BofA Customized, in my opinion. I would just call Abound first to make sure they still accept non-Kentucky apps (unless you already live there.) Good luck.
What AAA website location are you referring to? It must be for a different region as the https://www.acg.aaa.com/
shows only 3% for gas.

Does this work?

https://www.ace.aaa.com/financial/aaa-credit-card.html?intcmp=nav:allproducts:aaavisasignaturecreditcard

Re: Abound Credit Union

IcyCool7227 — Mon, 03 Mar 2025 23:27:13 GMT

Yes but it only shows the U.S. Bank version.

@ptatohed wrote:
@IcyCool7227 wrote:
@Hansolojr wrote:
I have had their card for around 3 years. The $10 fee is one time.

I was approved for $2,000 SL while having 4/12 and 4/24 new accounts. Around 780 fico at the time. Abound told me all non-Kentucky residents start at 2k.

I requested CLI last year and was told all CLI are hard pulls (TransUnion.) I asked what can I get with just a soft pull, since any usage at my low limit spikes utilization. Underwriting then doubled it to 4k with a SP.

The 5% cash back automatically credits upon statement closing so I like it much better than Costco Visa, and the uncapped nature beats AAA/Citi Custom/BofA Customized, in my opinion. I would just call Abound first to make sure they still accept non-Kentucky apps (unless you already live there.) Good luck.
What AAA website location are you referring to? It must be for a different region as the https://www.acg.aaa.com/
shows only 3% for gas.

Does this work?

https://www.ace.aaa.com/financial/aaa-credit-card.html?intcmp=nav:allproducts:aaavisasignaturecreditcard

Re: Abound Credit Union

RainboBright — Mon, 03 Mar 2025 23:31:24 GMT

@IcyCool7227 wrote:
Yes but it only shows the U.S. Bank version.

Try this:
https://www.ace.aaa.com/?zip=63051&devicecd=SP

Then scroll to the bottom to explore credit cards.

Re: Abound Credit Union

IcyCool7227 — Mon, 03 Mar 2025 23:43:04 GMT

Oh I see. That's quite generous - a $7k cap. Do you have to be a Triple A member though? I used to be one.

Re: Abound Credit Union

RainboBright — Mon, 03 Mar 2025 23:45:36 GMT

No you do not. Once you have the card, it actually allows you to sign up for discounted membership.

@IcyCool7227 wrote:
Oh I see. That's quite generous - a $7k cap. Do you have to be a Triple A member though? I used to be one.

Re: Abound Credit Union

IcyCool7227 — Tue, 04 Mar 2025 00:26:32 GMT

Other 5% or more gas cards can include from my personal notes list of cards that interest me in the future or what I have right now:

- Amazon Flex debit card: Earn up to 12% on gas & Electric charging purchases. 1% cashback on everything else. You need to be an Amazon Flex driver w/ qualifying rides though.

- Citi Custom Cash: if that's the only card you use (5.5% if you pair w/ Citi Rewards + up to $500 monthly) but you can also get a second one after product changing. Earn 5% in your top spending category up to $500 per billing cycle/month, then 1% cashback thereafter. 1% unlimited on everything else. Earn $200 cashback after you spend $1,500 in the first 6 months of account opening. 0% intro APR for the first 15 months.

- Citi Shop Your Way MasterCard (https://www.citi.com/credit-cards/shop-your-way-credit-card): 5% Points in gas, 3% Points in groceries/restaurants, 2% Points on eligible purchases at Shop Your Way merchants (first $10k annually) & 1% Points on everything else. Runs monthly promotions as well to take advantage of even more earning opportunities. Earn a $75 statement credit for every $500 spent, up to $225, on eligible purchases in the first 90 days after new card approval. Check the website first to see if this offer is still available though!

- Mercury Rewards Visa cc (by First Bank & Trust Co.): (5% on gas/groceries/Amazon purchases up to $5,000 annually. Then 1%. 1% cashback on all other purchases.) Invite only.

- Ocean Air (formally: CBC Federal CU) - Epic Rewards Visa: Earn 5% cashback on gas/travel; 3% on groceries both up to $6,000 annually; & 1% on all other purchases. Must be a member of the CU to apply. They also run intermittent promos, apparently, like August back to school: Walmart, Target, office supply, Amazon, clothing, computer supply up to $1 k 5% cash back.

- PCM (People Caring More) Credit Union - Mastercard Platinum Rewards Card: 5% cashback on any purchase up to $50 per month/$600 per year! But it's only open to select employee groups of Green Bay, WI & Marinette, WI. Plus you have to have a direct deposit of at least $500 to waive the $49 annual fee along with maintaining an active Rewards Savings Program and No Fee checking account, plus a debit card and free virtual branch and estatements on all accounts. (https://pcmcu.org/loans/credit-card/)

- PennFed Credit Union Platinum Rewards Visa Signature: Rewards:

Earn 5 points per dollar (5% cashback) spent on gas at the pump and electric vehicle charging stations.
Earn 3 points per dollar (3% cashback) spent on supermarket purchases (including most Target and Walmart locations), restaurants, plus TV, cable, radio and streaming services.
Earn 1 point per dollar (1% cashback) on all other purchases.

Welcome offer: 15,000 points after $1,500 spend during first 3 months of card open date.

- Redstone Visa Signature Card (by Redstone FCU): 5% on gas & restaurants; 3% on groceries, discount stores, wholesale clubs, utilities, phone & streaming services & 1.5% everything else. $7,000 annual spend cap on each category but rep said no cap.)

Earn $150 in cash back rewards when you spend $3,000 within the first 90 days.3

0% Intro APR for 6 months on balance transfers made within the first 30 days. After that, APR will range from 16.25% variable - 18.00% variable.

- UICC (University of Illinois Community Credit Union) Visa Cashback (ideal for travel!): Get 5% all unlimited cash back on gas & travel, 2% cash back on groceries & restaurants, and 1.5% cash back on everything else. $150 cashback match in the first year! Must be a member of the CU to apply. Get $10,000 bonus points for spending $500 in the first 30 days! Join w/ the University of Maryland Alumni Association for $55, then cancel after the first year.

- Upgrade MyFive Cash Rewards PLOC (Visa): Earn 5% on two categories you choose up to $1,500 quarterly; 1% cashback thereafter. 1% cashback on everything else. $200 signup bonus when you also open a Rewards Checking Plus account and make 3 debit card transactions. Categories include: cell phone providers, dining, drug stores, gas/EV Charging stations, groceries, home utilities, pet care/stores, travel & TV/Internet/Streaming Services. Warning: Interest works differently and accrues after day 2 of each statement cycle.

Just keep in mind the 5% is earned when you pay your bill, not when you buy. And before you pay bill N+1, the 5% you earned in previous month N is first credited to your N+1 month balance, reducing your amount owned but also reducing the amount you'll get 5% on. Thus, this is a 4.75% cash back card, not a true 5%.

- Wyndham Earners Card (by Barclays):

Sign-up bonus: Earn 30,000 bonus points after spending $1,000 on purchases in the first 90 days.

Earning rate: Earn 5 points per dollar on eligible Hotels by Wyndham and gas station purchases, 2 points per dollar on dining and grocery store purchases (excluding Target and Walmart) and 1 point per dollar on all other purchases.

Benefits: Wyndham Rewards Gold status, which includes free Wi-Fi, preferred room selection and late checkout. Opportunity to earn 7,500 bonus points each anniversary year after you spend $15,000 on eligible purchases. A 10% points discount on redemptions for free nights, and no foreign transaction fees.

So after all that it really makes Triple A's value for obtaining discounted membership if you could get some of the above cards.

Re: Abound Credit Union

ptatohed — Tue, 04 Mar 2025 00:31:10 GMT

@IcyCool7227 wrote:
Other 5% or more gas cards can include from my personal notes list of cards that interest me in the future or what I have right now:

- Amazon Flex debit card: Earn up to 12% on gas & Electric charging purchases. 1% cashback on everything else. You need to be an Amazon Flex driver w/ qualifying rides though.

- Citi Custom Cash: if that's the only card you use (5.5% if you pair w/ Citi Rewards + up to $500 monthly) but you can also get a second one after product changing. Earn 5% in your top spending category up to $500 per billing cycle/month, then 1% cashback thereafter. 1% unlimited on everything else. Earn $200 cashback after you spend $1,500 in the first 6 months of account opening. 0% intro APR for the first 15 months.

- Citi Shop Your Way MasterCard (https://www.citi.com/credit-cards/shop-your-way-credit-card): 5% Points in gas, 3% Points in groceries/restaurants, 2% Points on eligible purchases at Shop Your Way merchants (first $10k annually) & 1% Points on everything else. Runs monthly promotions as well to take advantage of even more earning opportunities. Earn a $75 statement credit for every $500 spent, up to $225, on eligible purchases in the first 90 days after new card approval. Check the website first to see if this offer is still available though!

- Mercury Rewards Visa cc (by First Bank & Trust Co.): (5% on gas/groceries/Amazon purchases up to $5,000 annually. Then 1%. 1% cashback on all other purchases.) Invite only.

- Ocean Air (formally: CBC Federal CU) - Epic Rewards Visa: Earn 5% cashback on gas/travel; 3% on groceries both up to $6,000 annually; & 1% on all other purchases. Must be a member of the CU to apply. They also run intermittent promos, apparently, like August back to school: Walmart, Target, office supply, Amazon, clothing, computer supply up to $1 k 5% cash back.

- PCM (People Caring More) Credit Union - Mastercard Platinum Rewards Card: 5% cashback on any purchase up to $50 per month/$600 per year! But it's only open to select employee groups of Green Bay, WI & Marinette, WI. Plus you have to have a direct deposit of at least $500 to waive the $49 annual fee along with maintaining an active Rewards Savings Program and No Fee checking account, plus a debit card and free virtual branch and estatements on all accounts. (https://pcmcu.org/loans/credit-card/)

- PennFed Credit Union Platinum Rewards Visa Signature: Rewards:
Earn 5 points per dollar (5% cashback) spent on gas at the pump and electric vehicle charging stations.
Earn 3 points per dollar (3% cashback) spent on supermarket purchases (including most Target and Walmart locations), restaurants, plus TV, cable, radio and streaming services.
Earn 1 point per dollar (1% cashback) on all other purchases.
Welcome offer: 15,000 points after $1,500 spend during first 3 months of card open date.

- Redstone Visa Signature Card (by Redstone FCU): 5% on gas & restaurants; 3% on groceries, discount stores, wholesale clubs, utilities, phone & streaming services & 1.5% everything else. $7,000 annual spend cap on each category but rep said no cap.)

Earn $150 in cash back rewards when you spend $3,000 within the first 90 days.3
0% Intro APR for 6 months on balance transfers made within the first 30 days. After that, APR will range from 16.25% variable - 18.00% variable.

- UICC (University of Illinois Community Credit Union) Visa Cashback (ideal for travel!): Get 5% all unlimited cash back on gas & travel, 2% cash back on groceries & restaurants, and 1.5% cash back on everything else. $150 cashback match in the first year! Must be a member of the CU to apply. Get $10,000 bonus points for spending $500 in the first 30 days! Join w/ the University of Maryland Alumni Association for $55, then cancel after the first year.

- Upgrade MyFive Cash Rewards PLOC (Visa): Earn 5% on two categories you choose up to $1,500 quarterly; 1% cashback thereafter. 1% cashback on everything else. $200 signup bonus when you also open a Rewards Checking Plus account and make 3 debit card transactions. Categories include: cell phone providers, dining, drug stores, gas/EV Charging stations, groceries, home utilities, pet care/stores, travel & TV/Internet/Streaming Services. Warning: Interest works differently and accrues after day 2 of each statement cycle.

Just keep in mind the 5% is earned when you pay your bill, not when you buy. And before you pay bill N+1, the 5% you earned in previous month N is first credited to your N+1 month balance, reducing your amount owned but also reducing the amount you'll get 5% on. Thus, this is a 4.75% cash back card, not a true 5%.

- Wyndham Earners Card (by Barclays):
Sign-up bonus: Earn 30,000 bonus points after spending $1,000 on purchases in the first 90 days.
Earning rate: Earn 5 points per dollar on eligible Hotels by Wyndham and gas station purchases, 2 points per dollar on dining and grocery store purchases (excluding Target and Walmart) and 1 point per dollar on all other purchases.
Benefits: Wyndham Rewards Gold status, which includes free Wi-Fi, preferred room selection and late checkout. Opportunity to earn 7,500 bonus points each anniversary year after you spend $15,000 on eligible purchases. A 10% points discount on redemptions for free nights, and no foreign transaction fees.

So after all that it really makes Triple A's value for obtaining discounted membership if you could get some of the above cards.

^^^^

Wow!

This should be a sticky!

Re: Abound Credit Union

AndySoCal — Tue, 04 Mar 2025 01:37:04 GMT

@RainboBright From the dollar figure you spend for gas it sounds like you are in the transportation business.

Here are a few things to consider

https://www.experian.com/blogs/ask-experian/should-i-use-personal-credit-card-for-business-expenses/

https://www.forbes.com/advisor/ca/credit-cards/can-i-use-a-personal-card-for-business-expenses/

I would check the card holder agreement if using the card for business purposes may violate that agreement. If so they would close the account. I looked at Abound they have business accounts but not business credit cards be careful!

Re: Abound Credit Union

RainboBright — Tue, 04 Mar 2025 01:42:59 GMT

Thank you for the heads up on that. That is precisely the reason I wish to spread it around, not all eggs in one basket. Maybe keep my Credit One with 5% fuel, if I can get a CLI and drop the AF. Add the AAA Travel for 5%, add the Verizon Visa for 4%, maybe do some here or there on hotel or airline card; just try to keep it under the radar.

@AndySoCal wrote:
@RainboBright From the dollar figure you spend for gas it sounds like you are in the transportation business.
Here are a few things to consider
https://www.experian.com/blogs/ask-experian/should-i-use-personal-credit-card-for-business-expenses/

https://www.forbes.com/advisor/ca/credit-cards/can-i-use-a-personal-card-for-business-expenses/

I would check the card holder agreement if using the card for business purposes may violate that agreement. If so they would close the account. I looked at Abound they have business accounts but not business credit cards be careful!

Re: Abound Credit Union

IcyCool7227 — Tue, 04 Mar 2025 05:24:58 GMT

@RainboBright wrote:
Thank you for the heads up on that. That is precisely the reason I wish to spread it around, not all eggs in one basket. Maybe keep my Credit One with 5% fuel, if I can get a CLI and drop the AF. Add the AAA Travel for 5%, add the Verizon Visa for 4%, maybe do some here or there on hotel or airline card; just try to keep it under the radar.

@AndySoCal wrote:
@RainboBright From the dollar figure you spend for gas it sounds like you are in the transportation business.
Here are a few things to consider
https://www.experian.com/blogs/ask-experian/should-i-use-personal-credit-card-for-business-expenses/

https://www.forbes.com/advisor/ca/credit-cards/can-i-use-a-personal-card-for-business-expenses/

I would check the card holder agreement if using the card for business purposes may violate that agreement. If so they would close the account. I looked at Abound they have business accounts but not business credit cards be careful!

I'm sure there are business credit cards that offer good cashback on gas. I don't have my own business so I don't know much about them. You also can't forget free gas station specific loyalty cards either. Search google for like: business gas cash back credit cards.

Re: Abound Credit Union

AndySoCal — Tue, 04 Mar 2025 14:58:47 GMT

@RainboBright Here is a list of business credit cards

https://www.forbes.com/advisor/credit-cards/best/business-cash-back/

The US Bank card looks interesting