Barclaycard Rewards Mastercard offers stellar rewards you won’t find anywhere else
The Barclaycard Rewards MasterCard is backed by one of the strongest financial institutions in the world and it shows. The Barclaycard Rewards MasterCard offers some outstanding bonuses that are hard to beat.
For starters, you will then earn 2 points for every dollar you spend on gas, groceries and utilities and 1 point for each dollar you spend everywhere else. Best of all, the card offers no annual fee.
Once you acquire enough points, you can use them like cash on multiple airlines, places to eat and many different stores. What really makes the Barclaycard stand out compared to its competition is that the points never expire and there is never any cap on the number of points you can earn or any fees when you do decide to cash in on the points you accumulated. There are also no blackout dates on the calendar, no hidden fees, or other baloney you might be accustomed to with other cards. The points are yours to use any way you see fit at any time.
The Barclaycard MasterCard is easily attainable for those with at least an average credit history. Your FICO score doesn’t have to be spotless to get approved, but you’ll want to at least make sure all of your other credit cards are currently in good standing before you send in the application. People who have filed for bankruptcy in the past might especially have trouble getting this card. 32 percent of all current Barclaycard Mastercard card holders have a FICO score of 651 to 700. Even ascore as low as 601 has a fairly good chance of qualifying. If your FICO score is 600 or lower, you may have to look for a different card.
The Barclaycard Mastercard is a viable choice compared to some of its competition. The American Express Blue Cash Preferred Card also offers similar options but it doesn’t quite match up. For starters it has a $75 annual fee just to use the card. While it is nice that the card offers unlimited cash back, the points do not accrue as fast as with the Barclaycard Mastercard.
One more key benefit of the Barclaycard Mastercard is that it reports to all three credit bureaus on a monthly basis. If you’re credit rating has recently taken a small hit, you can use the Barclay card to start to rebuild your credit history.
We conclude that the Barclaycard Mastercard is arguably the best card in its class for a card with a rewards program. As long as you have at least average credit, you will be able to reap exciting perks from this card for years to come.