Other cards like AOD Visa with automatic redemptions?

[Aim_High]

And ... if you don't like my Capital One Quicksilver (OR) PenFed Power Cash Rewards, I have another one. 

Apple card from Goldman Sachs redeems your "daily cash" to account credit automatically when you make your monthly payment. 

Or you can manually cash it out as earned throughout the month.  You can either apply it to your card balance or transfer it to a bank account through your iPhone Apple Wallet. 

Of course, Apple card earns anywhere from 3% down to 2% with Apple Pay or only 1% with the physical card. 

[Anonymous]

---

@Aim_High wrote:

And ... if you don't like my Capital One Quicksilver (OR) PenFed Power Cash Rewards, I have another one. 

Apple card from Goldman Sachs redeems your "daily cash" to account credit automatically when you make your monthly payment. 

Or you can manually cash it out as earned throughout the month.  You can either apply it to your card balance or transfer it to a bank account through your iPhone Apple Wallet. 

Of course, Apple card earns anywhere from 3% down to 2% with Apple Pay or only 1% with the physical card. 

---

As unappealing as 1% back on non Apple Pay purchases is, this is probably my best bet for merchants that do not accept American Express. Thank you for your research 

[PullingMeSoftly]

The Abound CU Platinum Visa (the gas card) has automatic monthly redemption toward the statement balance, like AOD. Open membership as well.

Also, Provident Credit Union, although CA Bay Area-based, has quite a few organizations and associations for membership eligibility. They have a Visa Sig cashback card (1.5% flat) that automatically redeems into the member's savings account monthly (but not as a statement credit as with Abound as noted above).

[Anonymous]

---

@PullingMeSoftly wrote:

The Abound CU Platinum Visa (the gas card) has automatic monthly redemption toward the statement balance, like AOD. Open membership as well.

Also, Provident Credit Union, although CA Bay Area-based, has quite a few organizations and associations for membership eligibility. They have a Visa Sig cashback card (1.5% flat) that automatically redeems into the member's savings account monthly (but not as a statement credit as with Abound as noted above).

---

Excellent options! Thank you!

For anyone else interested, I also found the Comenity Mastercard with 1.5% automatic redemptions, and the Synchrony Mastercard with 2% automatic redemptions, but that one is invite only for now. Both are not ideal banks to deal with in my opinion, but options

[creditfan]

simplycash biz from Amex that no longer available for new signup

[M_Smart007]

I probably have at least a dozen cards with auto redemption, but too many to log-in and find out.

I did find one this morning. ETA: While checking the statement closing balance / and I did "manually" redeem my catback.

BoA Cash Rewards

(i manually redeem, when I happen to see I have cash stashed ..like whenever that happens)

[Anonymous]

---

@M_Smart007 wrote:

I probably have at least a dozen cards with auto redemption, but too many to log-in and find out.

I did find one this morning. ETA: While checking the statement closing balance / and I did "manually" redeem my catback.

BoA Cash Rewards

(i manually redeem, when I happen to see I have cash stashed ..like whenever that happens)

---

Thank you, but I was looking for something like the AOD Visa that does not require a minimum amount before redemptions and does not make you wait a few statements to get your redemption. Redemptions are automatically applied to your statement each month. No need to log in to an account

[Oxford77]

The BP Visa works exactly like the AOD Visa on automatic redemptions, i.e. credited at the end of every month's statement.  The BP Visa gives 3% on groceries and 1% on everything else (except non-BP or Amoco gas), plus it gives a flat 10 cents a gallon off on gas at BP or Amoco stations, 15 cents a gallon in some circumstances. That discount is applied directly at the pump when you purcahse gas. 

[Anonymous]

I was just going to recommend the PenFed Platinum Cash Rewards Visa as well.  I have the ancient card from 2009 - the one that gives 5% back at the pump only, but no points system.  I don't think it's still available, but the newer versions may still do this.

[BearsCubsOtters]

I just came here to mention that it is interesting how different people want different things. Personally, I cannot stand monthly, auto redemptions of my cash back! I love watching it pile up and then I get to have it redeemed on my schedule and into a savings account rather than let the smaller amounts get lost each month towards my balance. It's one of the main reasons I do not like Amex cash-back cards and partially why I did not get caught up in the AOD FOTM last year. 

But as OP has already learned, not many other credit cards have instant, monthly redemptions.