I hereby nominate this hideous visa card.
Your choice of 1 CU Rewards point per dollar OR 10% rebate on all of the interest you racked up and paid to them in the previous quarter. How wonderfully kind of them. It This card is certainly is not promoting any kind of sound financial behaviour.
Coming in with the first horrible Mastercard. I nominate the Credit Human Spurs Rewards Mastercard.
You have the privilege of earning .25% cash back on the first $1000 you spend, .5% on the next $1000, .75% on the $1000 after that, and a whopping 1% on the rest of your spend. But it gets even better. No minimum redemption, no monthly redemption, not even quarterly redemption. You get to enjoy a whole year before your cash back is applied as a statement credit!
It has some other points system you could pick instead but I don't have much hope its much better than the cash back.
@spiritcraft1 wrote:I hereby nominate this hideous visa card.
Your choice of 1 CU Rewards point per dollar OR 10% rebate on all of the interest you racked up and paid to them in the previous quarter. How wonderfully kind of them. It This card is certainly is not promoting any kind of sound financial behaviour.
CAFCU Visa Platinum (dis)Advantage
Interesting offer, but I couldn't second the nomination for worst rewards card. I've seen much worse!
For the most part, credit union cards rarely offer the highest rewards rates, with a few glaring exceptions like the AOD FCU Visa or PenFed Power Cash Rewards. On the other hand, many credit union cards often have a combination of lower rewards (like around 1% or so) coupled with a lower-than-major bank APR. My local CU Visa has a similar effectively 1% rewards rate with a 8.50% APR. Your CAFCU card APR is as-low-as 9.90%, which is pretty good for a rewards credit card. Plus it offers a few upgraded benefits like warranty protection, $250K Travel Accident Insurance, and travel assistance which you may not find on other cards with higher rewards payout.
While we tend to zero in on rewards rates or other features, lenders have a wider picture and put card features together as a package including not only rewards but APR, fees, and benefits. For the average consumer who wants to carry only two or three cards, they may want a card that offers rewards combined with a reasonable on-going APR which gives them ability to use the card in either manner. This isn't a card to garner the enthusiasm of a selective audience like My Fico but more to appeal to the masses.
I've never seen the option to refund 10% of interest paid, but that is potentially a good feature for someone who needs to occassionally carry debt and not add new charges. They didn't have to do that, and most cards won't give you anything if you don't add new charges. So at least they are giving you the 10% if you have to carry a debt for some reason. I wouldn't take advantage of it, but I see how it could be helpful.
Just when I thought The Langley Platinum Quint Visa was bad ... then I read post#2 
@Tyrannos wrote:Coming in with the first horrible Mastercard. I nominate the Credit Human Spurs Rewards Mastercard.
You have the privilege of earning .25% cash back on the first $1000 you spend, .5% on the next $1000, .75% on the $1000 after that, and a whopping 1% on the rest of your spend. But it gets even better. No minimum redemption, no monthly redemption, not even quarterly redemption. You get to enjoy a whole year before your cash back is applied as a statement credit!
It has some other points system you could pick instead but I don't have much hope its much better than the cash back.
I'm dating myself, @Tyrannos, but that is actually a similar rewards system to the first cash-back card, the ORIGINAL Discover (Circa 1986.) It didn't even earn a full 1% and was tiered similarly to what you described for charges below about $3K annually. And it was the best thing going at the time! (I've been with Discover since 1993. I kept that rewards system on my old card until sometime after 2000 when I read that Discover was offering new cardholders the flat-1% rate version.)
You kids today are spoiled by all these great cards! 
It wasn't long ago that a flat 1% or a flat 1.5% was a decent card. All these 2% or better cards haven't been around until about the last decade.
I do believe Discover has always allowed cash back to be redeemed at any amount.
@M_Smart007 wrote:Just when I thought The Langley Platinum Quint Visa was bad ... then I read post#2
https://www.langleyfcu.org/personal-credit-cards?quint
The Quint is terrible because Langley already had their Signature Cash Back card that earned 1% everywhere, 2% on groceries and wholesale clubs, 3% on gas, and 5% on a rotating category most months. It literally makes no sense to get the Quint because while it has the 9% APR, the Cash Back is only 11% and the Platinum Select is 7%. 1% on EV charging stations, gas, and groceries isn't worth having a card for...
Wow, you lot found some clunkers. I was going to nominate the Suntrust Delta SkyMiles World Debit Card (it earns rewards so that counts, right?). Earns 1 SkyMile for every $2 of spend (or ½ a SkyMile per dollar), or a full SkyMile for every dollar spent directly with Delta Air Lines, with a low annual fee of only $95 (reduced to $75 with balances of $25,000 to $99,999.99, and to $25 for balances of $100,000 or more). Although to be fair, it has extended warranty coverage and zero liability unlike most debit cards. Of course the Amex Delta SkyMiles Blue card offers both of those along with no FTFs, twice the earnings (4x the earnings on restaurants), 20% back on in-flight purchases, and no annual fee.
@Aim_High wrote:
@Tyrannos wrote:Coming in with the first horrible Mastercard. I nominate the Credit Human Spurs Rewards Mastercard.
You have the privilege of earning .25% cash back on the first $1000 you spend, .5% on the next $1000, .75% on the $1000 after that, and a whopping 1% on the rest of your spend. But it gets even better. No minimum redemption, no monthly redemption, not even quarterly redemption. You get to enjoy a whole year before your cash back is applied as a statement credit!
It has some other points system you could pick instead but I don't have much hope its much better than the cash back.
I'm dating myself, @Tyrannos, but that is actually a similar rewards system to the first cash-back card, the ORIGINAL Discover (Circa 1986.) It didn't even earn a full 1% and was tiered similarly to what you described for charges below about $3K annually. And it was the best thing going at the time! (I've been with Discover since 1993. I kept that rewards system on my old card until sometime after 2000 when I read that Discover was offering new cardholders the flat-1% rate version.)
You kids today are spoiled by all these great cards!
I do believe Discover has always allowed cash back to be redeemed at any amount.
IIRC, Discover used to distribute cash back according to the account's anniversary date. That is also when the tiered rewards rates reset to 1/4% for the first tier (was it $1500 spent?). You didn't get a full 1% until you reached the third tier ($3000 spent?). The 5% rotating categories didn't exist back then.
@Aim_High wrote:. . . similar rewards system to the first cash-back card, the ORIGINAL Discover (Circa 1986.) It didn't even earn a full 1% and was tiered similarly to what you described for charges below about $3K annually. And it was the best thing going at the time! . . .
"Discover the card that pays you back."
EQ8 775, TU8 764, EX8 772 as of August 6