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RBFCU CashBack Rewards Mastercard® review

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Earn 2% cash back on all purchases — the highest flat rate for any cashback card.

  • Get this card if you want to earn cash back and save money on fees.
  • Pick something else if you want an intro APR period on purchases or a signup bonus.
  • Apply with a fair credit score of 630 or higher.

Up to 2%

Cash back

$0

Annual fee

9.9% to 17.9%

Purchase APR (variable)

0%

Intro balance transfer

for the first 12 billing cycles (then 9.9% to 17.9% variable)

Details

Product NameRBFCU CashBack Rewards Mastercard®
Annual fee$0
Purchase APR9.9% to 17.9% variable
Balance transfer APR0% intro for the first 12 billing cycles (then 9.9% to 17.9% variable)
Balance transfer feeNone
Cash advance rate9.9% to 17.9% variable
Cash advance feeNone
Cash advance fee description0% intro cash advance APR for the first 12 billing cycles, then 9.9% to 17.9% variable
Foreign transaction feeNone
Interest free periodUp to 25 days

Expert review

Kliment Dukovski

Review by


Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.

Expert review

The RBFCU CashBack Rewards Mastercard® is a rare cashback credit card that offers a 0% intro APR period on cash advances and balance transfers. It can save you money on fees for balance transfers, cash advances and foreign transactions. On top of all that, the card has no annual fee.

The good stuff does come with a few drawbacks, however. For example, you won’t earn a bonus on signup or get a 0% intro APR period on purchases.

How to apply for the RBFCU CashBack Rewards Mastercard®

You need a RBFCU membership to own the card. You can either become a member prior to or after you apply. After that:

  1. Visit the RBFCU website and locate the card.
  2. Click Apply for a card.
  3. Sign up to your membership account or click Apply now.
  4. Select Credit Cards in the Loans Type section and Platinum CashBack Rewards in the Loan Product section.
  5. Fill out the application form.
  6. Review the form and submit.

What credit score do I need?

You can apply with a fair credit of 630, but having a good credit score of 630 or higher increases your chances of approval.

Card benefits

  • Cash back.
    Earn 2% cash back on all purchases. This is high considering the industry standard is 1.5%.
  • Potentially low APR.
    Depending on your creditworthiness, you can get an APR between 9.9% and 17.9% variable. This is low compared to rates imposed by similar rewards credit cards, which can be up to 28%.
  • Intro APR period on balance transfers.
    Use 12 billing cycles of intro APR period on balance transfers made within your first 90 days of account opening. Once the intro period ends, your APR reverts to 9.9% to 17.9% variable.
  • Intro APR period on cash advances.
    This card offers a 0% intro APR on cash advances made within the first 90 days for 12 billing cycles. After that, your cash advance APR will be 9.9% to 17.9% variable. Cash advances typically start incurring high APR from the moment you make an ATM withdrawal or a similar transaction. This makes them often the most expensive card transactions.
  • No fees.
    You’ll save money on some of the most common fees, including the annual fee, on balance transfers, cash advances and on foreign transactions.

What to watch out for

  • No signup bonus.
    Look for credit cards with bonus offers if you want to earn a quick batch of points or a statement credit upon signup. Note that while the RBFCU CashBack Rewards Mastercard® has no signup bonus, it may offer better long-term value thanks to its rewards rate.
  • No intro APR period on purchases.
    The card offers a long intro APR period on balance transfers and cash advances. But if you’re looking to make a large purchase and carry the balance interest-free, compare 0% intro APR credit cards.

Compare cash back credit cards

Name Product Welcome offer Rewards Annual fee Filter values
Blue Cash Everyday® Card from American Express
$200 after spending $1,000 in the first 3 months
2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases
$0
Get 3% cash back on groceries on up to $6,000 annually (then 1%) with no annual fee. This is a simple and effective rewards card. Rates & fees
Chase Freedom Flex℠
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases
$0
Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.
Blue Cash Preferred® Card from American Express
$300 after spending $3,000 in the first 6 months (Offer expires 12/10/2020)
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
Perfect for families: Get up to 6% on everyday purchases and a welcome offer worth $300. This heavy-hitter rewards card has uncontested value. Rates & fees
Citi® Double Cash Card
N/A
Up to 2% cash back on purchases (1% when you buy plus 1% as you pay)
$0
Earn up to 2% on every purchase with no annual fee. This is the highest flat-rate cashback card on the market.
Chase Freedom Unlimited®
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases
$0
This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining.
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Compare up to 4 providers

Bottom line

Consider the RBFCU CashBack Rewards Mastercard® if you’re looking for a cashback card with a generous rewards rate on all purchases. In addition, you get to save money on fees, including on balance transfers, foreign transactions and cash advances, plus you get a long intro APR period on balance transfers and cash advances. A rare offer in the credit card industry.

But if you’re looking for a signup bonus or a 0% intro APR period on purchases, compare other credit cards to find the right card for you.

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