Update: This offer has been improved to include a $300 statement credit and the annual fee is waived during the first year. The previous offer was a $250 statement credit without an annual fee waiver.
- $300 statement credit after $2,000 in purchases within the first 6 months.
- 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
- 6% Cash Back on select U.S. streaming subscriptions.
- 3% Cash Back at U.S. gas stations.
- 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more.
- 1% Cash Back on other purchases.
- $0 intro annual fee for the first year, then $95.
Max out your benefit by buying gift cards at US supermarkets. I use this card to buy gift cards at a standalone US supermarket to use up the annual limit and get 6% back. My local Safeway has an entire wall of options, but I usually go with Amazon, Apple, or Starbucks (gifts). You can easily confirm that your purchase still gets 6% cash back on your account online:
Supermarkets details. “US stand-alone supermarkets” means that superstores, convenience stores and warehouse clubs are not considered supermarkets. This means no Super Wal-Mart, no Super Target, no Costco. Examples of merchants that do count (and this is not a complete list!) are Safeway, Whole Foods, Meijer, Vons, Winn-Dixie, Gristedes, Shoprite, Stop and Shop, and online supermarkets such as FreshDirect.
Gasoline details. “US stand-alone gas stations” means that superstores, supermarkets, and warehouse clubs that sell gasoline are not considered gas stations. This means no Target, no Costco, no Sam’s Club. Examples of merchants that count (and this is not a complete list!) are Exxon, Mobil, Hess, Shell, Gulf, Murphy USA, Murphy Express.
US Streaming Subscriptions details. These are all included at 6% cash back:
• Amazon Music
• Apple Music
• CBS All Access
• Direct TV Now
• Fubo TV
• HBO Now
• Kindle Unlimited
• NBA League Pass
• Prime Video Unlimited
• Sling TV
• SiriusXM Streaming and Satellite
• YouTube Music Premium
• YouTube Premium
• YouTube TV
Annual fee. There is a $95 annual fee (may be waived during the first year), so you’ll want to utilize that 6% cash back on groceries to maximize your value. If you spend the max cap of $500 a month at supermarkets, at 6% back that would net you $360 cash back in a year vs. $60 at 1% cash back. Note that simply spending $31 per week at supermarkets at 6% cash back will result in over $95 Reward Dollars per year to cover the annual fee.
Alternatively, you could look at it this way. If you spend the max cap of $500 a month at supermarkets, at 6% back that would net you $360 cash back in a year. Minus the $95 annual fee, and you’ll still earn $265 net cash back on $6,000 of spending, for an net overall cash back rate of 4.4%. That’s still a good year-round cash back rate for groceries, and I’m completely ignoring the US streaming subscriptions category.
If you still don’t like the idea of paying an annual fee, the
Cash back is officially given in the form of Reward Dollars that can be redeemed as a statement credit, gift cards, and merchandise. I always just stick with statements credit to directly pay down my monthly bill.
Bottom line. The
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