GE Credit Union 2.35% back?

[8Hunnid]

General Electric CU rewards card is my new non-category card. Its shown as a 2x pts per dollar. When I applied I asked what the pts were worth. It took 3 days (they must not know about pts enthusiasts haha), but I was told 5000 pts for $50 cash back, perfect.
I recently received my SUB and went to redeem some pts. The only option is 8500 pts for $100. I think my math is correct and its 1.17 cpp and a 2.35% cash back card. Is that correct? I can't figure out how to post a screenshot from my phone.
If so, let's not have everyone flooding their apps and lighting up the error of their ways.

[Kforce]

Too late empty bag, cat  is in the wind  !!

I keep really good High Yield accounts and Credit Card gems secret

That is what lets them survive.

[Anonymous]

It’s geofenced so it’s not like everyone will just rush to go get it. 

[longtimelurker]

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@Anonymous wrote:

It’s geofenced so it’s not like everyone will just rush to go get it. 

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Well I for one am now househunting in one of the Ohio counties: Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, Shelby, and Warren.

[FinStar]

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@longtimelurker wrote:

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@Anonymous wrote:

It’s geofenced so it’s not like everyone will just rush to go get it. 

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Well I for one am now househunting in one of the Ohio counties: Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, Shelby, and Warren.

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[Aim_High]

Wow, that sounds like a pretty good deal!  Yes, I think you have the math correct.  Of course, the problem with points instead of cash-back percentage is they can use smoke and mirrors to change the valuation at any time, so buyer beware. 

I looked on their website and I don't see this card, unless you are talking about the Business Platinum that pays 2 points on everything?  Or maybe this is a special offer to current customers?

Anyway, it looks like myself and many others won't be eligible anyway, per their membership eligibility page.  ... unless maybe I want to visit and establish myself as a member of one of those churches ... lol

[Anonymous]

It’s the VISA Signature card. 

https://www.gecreditunion.org/home/accounts/credit-cards/signature

[digitek]

Not a bad card at all, good benefits and no FTF.  I am actually inside this geofence.

Thanks for the heads up on the card.  I think it might be kind of new because I am pretty sure I looked at their offerings not too long ago and didn't see anything that looked like it.

I might go for this one next...

[ChargedUp]

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@longtimelurker wrote:

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@Anonymous wrote:

It’s geofenced so it’s not like everyone will just rush to go get it. 

---

Well I for one am now househunting in one of the Ohio counties: Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, Shelby, and Warren.

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You don't necessarily have to *live* there... You could just go to church there. (You think they'd buy that I attend mass in Cincinatti with a California address?)

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[longtimelurker]

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@ChargedUp wrote:

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@longtimelurker wrote:

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@Anonymous wrote:

It’s geofenced so it’s not like everyone will just rush to go get it. 

---

Well I for one am now househunting in one of the Ohio counties: Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, Shelby, and Warren.

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You don't necessarily have to *live* there... You could just go to church there. (You think they'd buy that I attend mass in Cincinatti with a California address?)

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Good point.     I worship at the First Church of The Remote Sacrement, which is in, um, Preble County.