I think it is a fantastic card from a fantastic credit union.
I just got my 2nd or 3rd Amazon credit which is almost 3 times the AF.
2%/3% catch all seems like above average to me especially if you have Savor or similar for dining.
I applied and was approved for the Flagship about 1.5 years ago. Got the amazing SUB and free Amazon Prime. I had planned on PCing the Flagship down to the More Rewards or something if it didn't seem to be worthwhile carrying the $49 annual fee.
Like you, I received the free Amazon Prime offer to be purchased by 12/31/22. My offer came in June '22, so NFCU may still carry that promotion later on in the year. Maybe give it a few more months to see if the Amazon Prime offer reappears.
But none of our NFCU cards in our family have gotten a BT offer in the past 2 years (that's 8 cards amongst us). Looks like the BT offers have dried up.
@kilroy8 wrote:This was never a great card. The selling point for a lot of people was the big SUB ($500 at one point) and NFCU CLs that grow big fast. Beyond that not much there. For me, I use Chase for travel costs, so the 2% is all I would ever get. Considering that I have loads of 1.5% cards with no AF, it would take $10K/yr in uncategorized spend for me get $50 more catback to break even. I don't have close to that.
This is pretty much how I've always felt about it. In fact, even when the SUB was $500, I opted for the More Rewards card with the $400 SUB because it had no AF, and 3% on gas, groceries, and dining. I later PC'd mine to the Platinum card because we get 5%+ on dining, gas, and groceries. We also get 6.25% on travel on my Synovus Travel Rewards cards.
it would take the big SUB to return for me to ever really get value from the FSR.
I got a 2.99% BT offer this month on my Plat card. The 2.99% is really no better than the Disco, PNC, Citi, Chase, and Truist offers with the 3% fee I frequently get - but it is for 18 months on a $50K card, so it isn't a bad offer, especially in the this climate.
