Barclaycard Rewards Mastercard review | finder.com

Review: Barclaycard Rewards Mastercard

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Please note: This card has been discontinued, and it is not available on our site.

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Rates last updated June 21st, 2018
Name Product Product Description Rewards Points per $ spent (VISA/MC) APR for Purchases ( Purchase Rate ) Annual fee
Luxury Card Mastercard® Titanium Card™
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
1
16.49% variable
$195
Apply now Read review
Simmons Rewards Visa Signature®
Excellent Credit Required - Applicants that do not have excellent credit will not be approved
1
12% variable
$0
Luxury Card Mastercard® Gold Card™
Earn points every time you spend. Luxury Card enhances your purchasing power by providing you with one (1) point for every one dollar ($1) you spend. Every purchase gets you closer to the rewards you want.
2
16.49% variable
$995
Apply now Read review

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Barclaycard Rewards Mastercard review

Getting this rewards credit card makes sense if you wish to earn reward points according to your spending and plan to pay your account’s balance in full each month. This is because the card’s APR is on the higher side, and carrying over balances from one billing cycle could result in paying a tidy sum as interest. Not having to pay an annual fee to maintain this card is a plus, and you can also make use of interest-free days on purchases.

Benefits of the Barclaycard Rewards Mastercard

The Barclaycard Rewards Mastercard comes with multiple benefits:

  • Rewards. You stand to earn 2 reward points for every dollar spent on gas, groceries and utility purchases, and you’ll earn 1 reward point on all other purchases. You can redeem your reward points once you accumulate at least 1,000 points.
  • Balance transfers. Use this card to transfer balances from existing cards, in which case this card’s APR for purchases applies on transferred balances. You’ll also have to pay a balance transfer fee (whichever is greater, $5 or 3).
  • Use globally. Use this card to shop and withdraw money from ATMs in more than 200 countries and territories, as long as you see the Mastercard logo.

Barclaycard Rewards Mastercard Features

If you’re considering applying for this credit card, take some time to go through its list of features.

  • Annual fee. You don’t have to pay any annual fee to use this card.
  • APR. The APR for purchases is at 25.24% p.a., balance transfers stand at 25.24% p.a. and the APR for cash advances is 25.49% p.a. These variable APRs are subject to change as per prevalent prime rates.
  • Rewards points. There is no limit to the number of reward points you can earn or redeem, and your reward points don’t expire as long as your account remains open, active and in good standing. You can also now redeem points to a US checking or savings account, statement credits or gift cards, starting at 1,000 points for $10.
  • Balance transfers. Transfer balances from existing cards to this card, in which case transferred balances attract this card’s APR for purchases. You’ll also have to pay a balance transfer fee of whichever is greater, $5 or 3.
  • Interest-free days. There is gap of at least 23 days between the end of a billing cycle and the following due date. And if you can pay the account’s outstanding balance in full before the due date, you won’t pay interest on purchases.
  • Foreign transaction fees. When you use this card internationally, you’ll pay a foreign transaction fee of 3% in US dollars for each transaction.
  • Late and returned payment fees. Depending on the state you live in, you may have to pay up to $37 in late and returned payment fees.
  • Card security. This microchip-enabled card offers considerably more protection against fraudulent use in comparison to cards that rely solely on magnetic strips. $0 Fraud Liability protection means you can have peace of mind for unauthorized charges that are reported.
  • Credit score management. Receive free online access to FICO Credit Score, allowing you to monitor your credit and get alerted when your score has changed.
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How to apply for the Barclaycard Rewards Mastercard

To apply for the Barclaycard Rewards Mastercard online, click the Go to Site button.

Eligibility criteria

  • You are at least 18 years old.
  • You are a permanent resident of the US.
  • You have a fair credit rating.

Required documents

  • Your complete name, residential status, residential address and time spent at current address.
  • Your date of birth and Social Security number.
  • Your phone number and email address.
  • Your employment and income details.
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2 Responses

  1. Default Gravatar
    GyeMay 1, 2018

    How can I redeem my points

    • finder Customer Care
      joelmarceloMay 2, 2018Staff

      Hi Gye,

      Thanks for leaving a question on finder.

      Unfortunately, this credit card is no longer available. If you are looking to get a credit card that accrues the most points, please go here.

      Cheers,
      Joel

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