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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

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in Personal Credit Cards from Amalgamated Bank of Chicago

SuperMoney Net Recommendation Score +57% 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

5 users recommend
1 user is unsure
1 user doesn't recommend
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Highlights
Highlights
Community Rating Strongly recommended
Balance Transfer APR  (Variable APR) 14.4% - 24.4%
Credit Score Range 700 - 850
Annual Fee $0
Purchase APR  (Variable APR) 14.4% - 24.4%
Rewards Rates
  • Every Purchase
  • Restaurants
  • Travel
Number of Reviews 7

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 balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 18 months, which is longer than the average 0% APR period of 12 months.
  • 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.
  • Competitive APRs. ABOC Platinum Rewards Credit Card has a variable purchase APR that ranges from 14.4% up to 24.4%.
  • 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 emergency support, extended warranty protection on purchases, 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 and Cons:

The Good The Bad
  • Lower than average purchase APRs.
  • 0% APR balance transfer intro rate on balance transfers for up to 18 months.
  • 0% APR on new purchases during the first 12 months.
  • No annual fee.
  • Multiple credit card perks.
  • Extended warranty and price protection on purchases.
  • 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.

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

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:

  • Emergency Support
  • Extended Warranty Protection
  • Zero fraud liability
  • 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 14.4% up to 24.4%. The card has a variable balance transfer APR that ranges from 14.4% up to 24.4%. It also has a variable cash advance APR of 26.49% .

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

Yes, ABOC Platinum Rewards Credit Card offers an introductory APR rate on balance transfers of 0% for a period of up to 12 months.

ABOC Platinum Rewards Credit Card Balance Transfers
Description
Balance Transfer APR 14.4% - 24.4%
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period (months) 18
Balance Transfer Fee % 3%
Balance Transfer Fee % After Intro Period N/A
Balance Transfer Fee Intro Period (days) N/A
Balance Transfer Fee Minimum $5

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 ABOC Platinum Rewards Credit Card fees?

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 score.

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.

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Contact

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

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.

About ABOC Platinum Rewards Credit Card

Availability

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

Airfare (Points) 5
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
  • Non-Resident
Checking Account Required  
Credit Score Range 700 - 850
Card Type
  • Balance Transfer
  • Bonus Offers
  • Rewards
  • Zero Percent
Card Network Mastercard
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Emergency Support  
Fraud Liability  
Extended Warranty  
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) 26.49%
Balance Computation average daily balance (including new transactions)
Purchase APR (Variable APR) 14.4% - 24.4%
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 18 months
Balance Transfer APR (Variable APR) 14.4% - 24.4%
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%

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