Applying for an opening a credit card is not something that should be done on impulse. There are so many different companies that offer cards with various interest rates, terms and conditions and rewards programs. Each card issuer has different requirements that must be met before they will issue a card. The Barclaycard Rewards MasterCard is an option for individuals with excellent credit that want a card that really pays each cardholder back with reward options. It is a card with no strings attached since there is no annual fee to worry about cancelling out the rewards available.
The rewards program begins as soon as you apply and are approved for a card. You will earn 5,000 bonus points for making the initial purchase with the card. Every dollar you spend for groceries, utilities and gas after the initial purchase earns you two reward points. All other purchases earn you one point for each dollar spent. This can amount to building up thousands of points per year to redeem.
The Barclaycard MasterCard also offers additional benefits besides rewards points. It offers a 0 percent introductory APR for all balance transfers and purchases during the first 15 months after opening an account. The introductory APR does not include cash advances borrowed against the limit of the card. After the initial introductory period the interest rate switches from fixed to variable. It ranges from 14.99 percent up to 24.99 percent depending on a number of factors including payment history, credit usage and overall credit worthiness.
It is also easy and convenient to check your balance, make payments and monitor your card’s status with the included online account management tools provided. You don’t even need to be at a computer to access and control your account with the mobile tools provided by Barclaycard.
The reward points that you earn from making purchases can apply towards a number of different perks and benefits. The Barclay Rewards MasterCard allows you to spend your points in the same way that you would spend cash. Use your points to fly with your favorite airline, shop at your favorite stores for various items and even use the points to dine out with your significant other or family at your preferred restaurant. The rewards program does not have some of the most common limitations such as a limit on points or blackout dates for redemption.
See more No Balance Transfer Fee Cards, If you have less than perfect credit you can try these cards here