ABOC Platinum Rewards Credit Card review | finder.com

ABOC Platinum Rewards Credit Card review

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A rewards option for those climbing toward better credit.

30-second take

  • Get this card if you have average credit and want a rewards program to help you build your score.
  • Pick something else if you’re looking for better reward rates.
  • Apply with a average credit score of 580 or higher.
Product NameABOC Platinum Rewards Credit Card
Card TypeMastercard
Annual Fee$0
APR (Annual Percentage Rate) for Purchases15.15% to 25.15% variable
Introductory Purchase APR0% for the first 12 months (then 15.15% to 25.15% variable)
Balance Transfer APR15.15% to 25.15% variable
Introductory Balance Transfer APR 0% for the first 12 months (then 15.15% to 25.15% variable)
Balance Transfer Fee$5 or 3% of the transaction, whichever is greater
Cash Advance Rate27.24% variable
Foreign Transaction Fee3% of the transaction value
Cash Advance Fee$10 or 5% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 25 days
Late Payment FeeUp to $35
Returned Payment FeeUp to $25
Minimum Age18 years of age
Welcome OfferEarn $150 statement credit after you spend $1,200 on purchases within the first 90 days from account opening
RewardsEarn 1x rewards points on all purchases and 5x points in quarterly rotating categories on up to $1,500 each quarter you activate, then 1x points
Base Rewards1x points

The basics

ABOC Platinum Rewards Credit Card hits the right notes when it comes to its intended audience: those with average credit who want the perks of a rewards card.

What makes this card especially handy is the intro APR period and lack of annual fee. Every dollar saved can add up when you’re building your credit, and these benefits alone can help you ease into your spending.

Ultimately, the card doesn’t have the greatest rewards rate or sign-up bonus, but it remains attainable for those without good credit. This makes for a runway to build your score and step up to other credit cards.

The perks

  • Fairly obtainable.

    There aren’t many reward cards available for those without strong credit. The card only requires an average credit score, offering a chance to improve your credit while earning rewards.

  • No annual fee.

    If you’re looking to build your credit score, having a card with no annual fee can be a great help. You can keep the card open and use it when necessary without feeling pressured to close your account.

  • Introductory APR.

    Another trait that makes this card a great credit builder is the 0% introductory APR for purchases and balance transfers. You can build your credit without worrying about interest for 12 months following your account opening. After the intro period is up, your rate reverts to a variable 15.15% to 25.15% APR.

  • Rewards program.

    While it’s not the most lucrative reward program out there, the ABOC Platinum Rewards card offers a steady 1x points on all eligible purchases. Plus, many credit cards for average credit offer no rewards program at all.

You’ll also like …

  • Signup bonus.

    You can earn a $150 statement credit after you spend $1,200 on purchases within the first 90 days of your account opening.

  • Extra points every quarter.

    You can earn 5x rewards on up to $1,500 in select purchasing categories each quarter you activate. After you reach the spending cap, or if you don’t activate, you’ll earn 1x points on all purchases.

  • Late payments don’t raise APR.

    If you happen to miss a payment, you won’t have to worry about a penalty APR.

  • Mastercard zero liability.

    You won’t be held accountable for any unauthorized transactions performed on your credit card.

What to watch out for

  • Balance transfer limitations.

    The introductory APR only applies to balance transfers made within 90 days of your account opening.

    You’ll also pay a balance transfer fee equal to $5 or 3% of the transaction, whichever is greater.

  • Foreign transaction fees.

    This card doesn’t waive foreign transaction fees, so it may not be the best option if you do a lot of traveling. If you do, you’ll be charged 3% of the transaction each time you swipe abroad.

  • Compare similar cards for fair credit

    Name Product Introductory Balance Transfer APR Standard APR for Balance Transfer Annual Fee
    9.95% for the first 6 months (then 17.99% fixed)
    17.99% fixed
    Borrow up to $10,000 and get your credit score back on track.
    Aspire Platinum Mastercard®
    Aspire Platinum Mastercard®
    0% for the first 6 billing cycles (then 8.9% to 18% variable)
    8.9% to 18% variable
    Enjoy a 0% introductory APR on purchases and balance transfers for the first 6 months.


    13.5% variable
    A great way to establish or improve your credit history.
    10.99% for the first 6 months (then 25.24% variable)
    25.24% variable
    2% cashback at restaurants or gas stations on up to $1,000 in combined purchases each quarter. Plus 1% cash back on all other credit card purchases.


    25.74% variable
    Build or rebuild your credit with each purchase. Reports to the three major credit bureaus.

    Compare up to 4 providers

    Bottom line

    Those looking to climb their way out of average credit may find the ABOC Platinum Rewards Credit Card to be quite forgiving. While a few comparable cards offer better reward rates, they also tend to have fees that can offset that advantage depending on your spending.

    Compare other rewards credit card options to see if the ABOC Platinum Rewards Credit Card is the right fit for you.

    Frequently asked questions

Megan Horner

As the assistant publisher of credit cards at finder.com, Megan is passionate about helping you compare and find the best credit cards for your situation, whether that is earning great rewards or improving your credit score. In her previous position, Megan worked as an assigning editor at Credit Karma, where she focused on editing and publishing educational articles on credit cards. Megan started her career as a writer at a comparison website, so she has a longstanding background in surfacing the best deals and helping people make decisions. In her spare time, Megan likes to hike, camp, surf, and read.

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