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Amalgamated Bank of Chicago Platinum Rewards Mastercard® review

A no-annual-fee, easy option for everyday rewards.

  • Get this card if you’re looking for an intro APR on purchases.
  • Pick something else if you’re looking for better reward rates.
  • Apply with an excellent credit score of 670 or higher.
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Welcome offer


Annual fee


Intro purchase APR

for the first 12 months (then 12.9% to 22.9% variable)


Recommended credit score


Annual fee$0
Welcome offer$150 after spending $1,200 in the first 90 days
Rewards1x points on all purchases and 5x points in quarterly rotating categories on up to $1,500 each quarter you activate, then 1x points
Purchase APR0% intro for the first 12 months (then 12.9% to 22.9% variable)
Balance transfer APR12.9% to 22.9% variable
Minimum Credit Score670

Review by

Megan Horner is the credit cards publisher at Finder. She's passionate about helping you find the best credit cards to meet your financial needs — whether that's earning great rewards or improving your credit score. Megan's expertise has been spotlighted on Lifehacker,, American Banker and featured on news broadcasts across the country.

Expert review

With no annual fee, a $150 signup bonus, 1x points on all purchases and an intro APR period on purchases, the Amalgamated Bank of Chicago Platinum Rewards Mastercard® offers consumers an accessible credit card with decent rewards.

What makes this card especially handy is it has no annual fee and comes with an intro APR period. Every dollar saved can add up when you’re building your credit, and these benefits alone can help you ease into your spending.

Amalgamated Bank of Chicago Platinum Rewards Mastercard® benefits

  • No annual fee.

    You can keep the card open and use it when necessary without feeling pressured to close your account.

  • Introductory APR.

    Enjoy a 0% introductory APR on purchases for the first 12 months following your account opening. After the intro period is up, your rates revert to a variable 12.9% to 22.9% APR.

  • Rewards program.

    Earn 5x points 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. The 1x points rate also applies on everything else you buy.

  • 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.

  • 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.

Amalgamated Bank of Chicago Platinum Rewards Mastercard® drawbacks

      • 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 0% of the transaction each time you swipe abroad.

      2020 calendar for quarterly rotating categories

      QuartersJanuary–March 2020April–June 2020July–September 2020October–December 2020
      5x categoryMonthly billsDining and transportationTravelDepartment stores
      ExampleQualifying utilities, cell phone, cable, Amazon Prime and streaming subscription servicesGroceries, bakeries, fast food, gas, tolls and mass transitAirfare, cruises, car rental, hotels, gas and ride sharesDepartment stores, electronic stores, Target, Walmart and

      Compare similar rewards cards

      If this card isn’t right for you, compare other rewards cards on the market. Consider factors such as annual fee, intro APR periods and the categories you spend most in.

      Name Product Welcome Offer Rewards Annual fee Filter values
      BlockFi Bitcoin Rewards Credit Card
      Up to $100 in Bitcoin rewards by earning 3.5% back in Bitcoin on all purchases in the first 90 days
      3.5% back in Bitcoin in the first 90 days, up to a total of $100 in Bitcoin, then 1.5% on all purchases
      Earn 3.5% back in Bitcoin in the first 90 days, up to a total of $100 in Bitcoin. After that you'll earn a solid 1.5% back on all purchases.
      American Express® Gold Card
      60,000 points after spending $4,000 in the first 6 months
      4x at restaurants including delivery and Uber Eats; 4x at US supermarkets on up to $25,000 annually (then 1x points), 3x points on directly-booked flights and 1x points on other eligible purchases

      Rose Gold is Back

      Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 based on our valuation with this upper-mid tier travel card. Terms apply, see rates & fees
      Blue Cash Everyday® Card from American Express
      Earn a $200 statement credit after spending $2,000 in the first 6 months
      3% at US supermarkets on up to $6,000 per year (then 1%), 2% at US gas stations and select US department stores and 1% on other purchases (redeem as statement credit)
      Earn a $200 statement credit after spending $2,000 in the first 6 months. This is a higher-than-average welcome offer for a card with no annual fee. Terms apply, see rates & fees

      Compare up to 4 providers

      Bottom line

      Those looking to earn rewards on everyday spending may find the Amalgamated Bank of Chicago Platinum Rewards Mastercard® to be quite valuable. 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 Amalgamated Bank of Chicago Platinum Rewards Mastercard® is the right fit for you.

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    Default Gravatar
    November 24, 2019

    if I apply for this credit card, will it affect my credit score?

      Avatarfinder Customer Care
      November 24, 2019

      Hi Amir,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      That’s an interesting question, Amir. The answer is possibly yes. For this card, your credit score will be checked and when this happens, the provider dives into your credit report to see if you’d be a good candidate. This process is often called a “hard pull” on your credit report. A small portion of your credit score is affected by how recently you’ve applied for a credit card.

      Please note that each hard pull on your credit report will knock off a few points from your score. thankfully, this dip is temporary, usually disappearing in about six months. However, multiple inquiries into your personal credit within a short period of time can quickly add up and become greatly affect your score. That’s why it is advisable you don’t do multiple card applications in a short period.

      To increase your chance of getting approved, please make sure to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


    Default Gravatar
    March 28, 2019

    What are my chances of acceptance for a ABOC credit card? Equifax = 711; Transunion = 689, and Experian=638. Had Chapt. 7 on 5/17/17. I have never been late on a bill or payment. Thank you for your advice.

      Avatarfinder Customer Care
      March 29, 2019

      Hi Bill,

      Thank you for reaching out to Finder.

      Though we could not provide a specific advise towards your question on your chances of being approved for this card, the credit score you have does meet the required range to apply for this. You may click on the “Apply now” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!


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