Barclaycard has quickly climbed the ranks of U.S. credit card issuers by offering a slew of good-to-excellent (and even one average) credit cards for American consumers. However, they had yet to join the $100 cash back credit card club - until this week.
Barclaycard recently unveiled a new version of their Rewards MasterCard® for Excellent Credit that includes a bonus offer of 10,000 points (equal to a $100 statement credit) when you spend $750 within the first three months. This is in addition to the ongoing cash rewards available with this card, which includes an unlimited 2 points per $1 spent on gas, groceries and utility purchases.
EDITOR'S PICKS: Cash Back Credit Cards With $100 Bonus Offers
That said, this Barclaycard subtracts in some categories from the original offer (which is still available) while adding in others. Here are the pros and cons of the new Barclaycard® Rewards MasterCard® - Excellent Credit - 10,000 Points Offer...
Pros:
-$100 statement credit after $750 in the first three months
-2 points per $1 spent on gas, groceries and utility purchases
-0 percent interest for 12 months
-This is a credit card with no annual fee
Cons:
-One-time bonus spending threshold is $750; original offer awards a $50 cash back bonus after the first purchase
-No balance transfer intro period; the original offer includes 0 interest for 12 months on balance transfers
If you're planning to make a balance transfer with a new card, than the Barclaycard Rewards card to consider is the good ole' original. But if you're more interested in bonus cash back and your monthly purchases meet the $750 over 3 months minimum, than it's worth considering the new, $100 bonus cash back offer from Barclaycard.
Follow the links below for full details.
Barclaycard® Rewards MasterCard® - Excellent Credit - 10,000 Points Offer
Receive a $100 cash back statement (10,000 bonus points) after you spend $750 in the first three months of cardmembership. Plus, earn 2x points per $1 spent on gas, groceries and utility purchases, and pay zero interest on new purchases for 12 months. Click the "Apply" button to the left for full details.
Barclaycard® Rewards MasterCard® - Excellent Credit - $5,000 points after your first purchase
This cash back offer from Barclaycard includes a 5,000 point bonus (equal to $50) simply for making your first purchase. Pay no interest on purchases AND balance transfers for 12 months, and the cash back rewards program is identical to the above offer. Apply to the left for complete details.
