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ABOC Platinum Rewards Credit Card

in Personal Credit Cards from Amalgamated Bank of Chicago

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ABOC Platinum Rewards Credit Card

Claimed

in Personal Credit Cards from Amalgamated Bank of Chicago

SuperMoney Net Recommendation Score +70%

SUPERMONEY NET RECOMMENDATION SCORE

+70%

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Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Strongly recommended

8 users recommend
1 user is unsure
1 user doesn't recommend
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Highlights
Highlights
Community Rating Strongly recommended
Purchase APR  (Variable APR) 12.9% - 22.9%
Balance Transfer APR  (Variable APR) 12.9% - 22.9%
Credit Score Range 700 - 850
Annual Fee $0
Number of Reviews 10

ABOC Platinum Rewards Credit Card Review

ABOC Platinum Rewards Credit Card is a rewards credit card issued by Amalgamated Bank of Chicago. If you're wondering whether ABOC Platinum Rewards Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key Takeaways
  • Generous reward rate. You will get a a rewards rate of 5 points per dollar spent.
  • Earn 1 point for every dollar spent on everyday purchases. Terms and conditions apply.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
  • Signup bonus. Offers a signup bonus of $150 if you spend $1200 within 3 months.
  • Competitive APRs. ABOC Platinum Rewards Credit Card has a variable purchase APR that ranges from 12.9% up to 22.9%.
  • No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. ABOC Platinum Rewards Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
  • Multiple credit card benefits. Includes generous credit card perks, such as price protection, and fraud protection.
  • Good or better credit required. You should probably try with another card if your credit score is below 700.
ABOC Platinum Rewards Credit Card Pros & Cons
The Good The Bad
  • Lower than average purchase APRs.
  • 0% APR on new purchases during the first 12 months.
  • No annual fee.
  • Multiple credit card perks.
  • Cardholders can earn rewards on every purchase.
  • Earn rewards on every purchase.
  • ABOC Platinum Rewards Credit Card reports to multiple credit bureaus.
  • Cardholders can earn rewards on their purchases.
  • Minimum cash advance fee of $10.
  • Requires good to excellent credit.
  • Charges a 3% balance transfer fee.
ABOC Platinum Rewards Credit Card FAQ

Is there a ABOC Platinum Rewards Credit Card cash back or rewards program?

ABOC Platinum Rewards Credit Card offers a rewards program to its customers.

ABOC Platinum Rewards Credit Card Rewards
Rewards rate (all purchases) 1%
Max rewards rate 5%
Annual rewards limit N/A
Signup Bonus ($) $150
Signup Bonus Spend Requirement $1200
Signup Bonus Spend Period (months) 3 months

Does ABOC Platinum Rewards Credit Card have a signup bonus?

Yes, ABOC Platinum Rewards Credit Card offers card users a signup bonus worth up to $150 after spending $1200.

Does ABOC Platinum Rewards Credit Card offer an annual loyalty bonus?

ABOC Platinum Rewards Credit Card doesn't offer a cash loyalty bonus.

What are the ABOC Platinum Rewards Credit Card benefits?

ABOC Platinum Rewards Credit Card provides the following benefits:

  • Price Protection
  • ID Theft Protection
  • Reports to major credit bureaus

What are the relevant APRs for ABOC Platinum Rewards Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. ABOC Platinum Rewards Credit Card has lower than average purchase APRs.

ABOC Platinum Rewards Credit Card has a variable purchase APR that ranges from 12.9% up to 22.9%. The card has a variable balance transfer APR that ranges from 12.9% up to 22.9%. It also has a variable cash advance APR of 24.99% .

Does ABOC Platinum Rewards Credit Card have an introductory APR offer on balance transfers?

No, ABOC Platinum Rewards Credit Card does not come with an introductory APR offer for balance transfers.

Does ABOC Platinum Rewards Credit Card have an introductory APR offer on new purchases?

This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 12 months.

ABOC Platinum Rewards Credit Card Purchase Intro Offer
Description
Introductory Rate 0%
Purchase Intro APR Period (months) 12

What are the fees for ABOC Platinum Rewards Credit Card?

The following fees apply to ABOC Platinum Rewards Credit Card:

ABOC Platinum Rewards Credit Card Fees
Fees Amount
Annual Fee $0
Returned Payment Fee up to $25
Late Payment Fee up to $35

Does ABOC Platinum Rewards Credit Card report your account activity to credit bureaus?

ABOC Platinum Rewards Credit Card reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for ABOC Platinum Rewards Credit Card

  • Visit the ABOC Platinum Rewards Credit Card website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

ABOC Platinum Rewards Credit Card Disclosure: Amalgamated Bank of Chicago has temporarily suspended its balance transfer offer for new accounts due to the current economic environment. ABOC expects to reinstate this benefit in late 2020; in the meantime, new cardmembers can still receive a 0% intro APR on purchases for 12 months and have the opportunity to earn a $150 statement credit when they spend $1,200 within 90 days after account opening.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   30 North LaSalle Street,
    Chicago, IL 60602
  •   Visit Site

About ABOC Platinum Rewards Credit Card

Message From Amalgamated Bank of Chicago

Get Extra Points: Earn 5x rewards on up to $1,500 in combined purchases each quarter in popular categories such as dining, groceries, travel, and automotive.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 12 months
No Annual Fee  
No Foreign Transaction Fee  
Annual Fee $0
Paper Statement Fee $0
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 5%
Minimum Cash Advance Fee ($) Starting at $10
Returned Payment Fee Up to $25
Late Fee Amount Up to $35
Customer Type Personal
Minimum Age 21
Supported Income Types
  • 1099 Misc. Income
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Checking Account Required  
Credit Score Range 700 - 850
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Credit Card Benefits
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Identity Theft Protection
  • Price Protection
No Reward Expiration Period  
Rewards Rates
  • Every Purchase
  • Restaurants
  • Travel
Signup Bonus $150
Rewards Type Points
Cash Advance APR (Variable APR) 24.99%
Balance Computation average daily balance (including new transactions)
Purchase APR (Variable APR) 12.9% - 22.9%
Balance Transfer APR (Variable APR) 12.9% - 22.9%
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%

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SUPERMONEY NET RECOMMENDATION SCORE

+70%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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