
ABOC Platinum Rewards Mastercard®
Rewards rate
Annual fee
Intro offer
Regular APR
Recommended Credit Score
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Rewards rate
Annual fee
Intro offer
Regular APR
Recommended Credit Score
The ABOC Platinum Rewards Mastercard® from the Amalgamated Bank of Chicago provides a variety of rewards with a straightforward structure: 5X rewards points (up to $1,500 in combined purchases each quarter) in popular categories that rotate each quarter and 1X points on all other purchases.
You can apply points toward airline miles, statement credit, merchandise, gift cards or a combination of these. The card features other perks, like no foreign transaction fees, an extended warranty and a 60-day price protection.
The current welcome offer for the ABOC credit card is a $150 statement credit after making $1,200 in transactions within the first 90 days. The spending threshold is fairly low, so you can earn cash back for everyday transactions.
Every transaction with the ABOC Platinum Rewards Mastercard makes progress toward earning points you can redeem for various rewards.
Cardholders can benefit from rotating bonus categories, such as dining and transportation, travel and department stores, that earn you 5X points each quarter on up to $1,500 in combined purchases. You’ll also earn 1X points on purchases that fall outside of those categories.
To boost the value of your points, you can shop through the ABOC Get Extra Points website. Points never expire as long as your account is open and in good standing.
To redeem your rewards points, you can use the ABOC Rewards website or call 1-800-927-0100. You can also gift your points to other ABOC Rewards members if you’re feeling generous.
Since the ABOC credit card provides rewards points with every purchase and doesn’t require an annual fee, there’s not much to lose by using this card. You can apply points toward any type of reward and can earn a nice statement credit for meeting the spending requirement in the first 90 days.
This card has no foreign transaction fees, making it great to take on your next trip.
Get a 0 percent introductory APR for 12 month on purchases. After that, the APR will be a variable 12.90 percent to 22.90 percent based on your creditworthiness.
Get an extended warranty on your purchases with the ABOC credit card. You also get 60-day price drop protection, where you may be able to get reimbursement for price differences you find for items that were purchased with the card.
It’s easy to use your ABOC Mastercard anywhere thanks to the digital wallet option. It works with Mastercard Click to Pay, a program that facilitates your online purchases. And if you’re shopping in person, you’ll benefit from contactless payments.
This card has no annual fee and no foreign transaction fees. There is a 0 percent introductory purchase APR period for 12 months. After that, the APR is a variable rate of 12.90 percent to 22.9 percent based on your creditworthiness.
Cash advances require a fee of $10 or 5 percent of each advance, whichever’s greater. You’ll also have a balance transfer fee of $5 or 3 percent of each balance transfer, whichever’s greater.
Penalty fees are up to $35 for late payments and up to $25 for returned payments.
Annual fee
Intro offer
Rewards rate
Recommended Credit Score
Annual fee
Intro offer
Rewards rate
Recommended Credit Score
Annual fee
Intro offer
Rewards rate
Recommended Credit Score
With the Citi Rewards+ Card, you can earn two points at gas stations and supermarkets up to $6,000 in purchases per year, then 1 percent. You’ll also earn 10 percent of your points back on the first 100,000 points redeemed every year.
The Chase Freedom Unlimited card offers strictly cash back rewards, with 5 percent back on travel purchased through Chase Ultimate Rewards, 3 percent on drugstores and dining and 1.5 percent back on all other purchases. For both of these cards, the cash back rewards may be worth more depending on your spending habits compared to the ABOC Platinum Rewards Mastercard.
The one downside to both these alternative rewards credit cards is they charge a foreign transaction fee of 3 percent per transaction once converted to U.S. dollars. If you want a rewards card with no foreign transaction fees, you may be better off with the ABOC credit card.
You may want to pair the ABOC Platinum Rewards Mastercard with a few other rewards cards so you can maximize your rewards based on spending in travel, dining and other categories. With other cards that offer rotating bonus categories, you can use the appropriate card based on maximized earning potential.
If you’re an Amalgamated Bank of Chicago fan and want to have a credit card from that bank, the ABOC Platinum Rewards Mastercard is a nice choice. Just pay attention to the rotating categories and make purchases on the ABOC website when possible to earn extra points.
Otherwise, research other rewards credit cards to find the best one that will reward your spending habits. You can always use several to maximize points in various categories.
No annual fee
Low introductory APR period
No foreign transaction fees
Freedom to choose how you redeem rewards
No introductory balance transfer period
Points may not be worth as much compared to other rewards cards
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Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. The information, including card rates and fees, is accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information.