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
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.
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.
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.
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.