Amalgamated Bank of Chicago Platinum Rewards Mastercard®

Amalgamated Bank of Chicago Platinum Rewards Mastercard® Review

This is a rewards card issued by Amalgamated Bank of Chicago. If you're wondering whether Amalgamated Bank of Chicago Platinum Rewards Mastercard® is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a rewards rate of up to 5 reward points per dollar spent.
• 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 up to $150 if you spend $1200 within 3 months.
• Competitive APRs. Amalgamated Bank of Chicago Platinum Rewards Mastercard® 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. Amalgamated Bank of Chicago Platinum Rewards Mastercard® charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $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, identity theft protection, price protection, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of Amalgamated Bank of Chicago Platinum Rewards Mastercard®

Amalgamated Bank of Chicago Platinum Rewards Mastercard® FAQ

Does Amalgamated Bank of Chicago Platinum Rewards Mastercard® have a cash back or rewards program?

Amalgamated Bank of Chicago Platinum Rewards Mastercard® is a rewards card.

What are the Amalgamated Bank of Chicago Platinum Rewards Mastercard® benefits?

It provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Reports to major credit bureaus

What are the relevant APRs for Amalgamated Bank of Chicago Platinum Rewards Mastercard®?

Amalgamated Bank of Chicago Platinum Rewards Mastercard® 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% .

What are the fees for Amalgamated Bank of Chicago Platinum Rewards Mastercard®?

The following fees apply:

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does Amalgamated Bank of Chicago Platinum Rewards Mastercard® report your account activity to credit bureaus?

Yes, Amalgamated Bank of Chicago Platinum Rewards Mastercard® 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 may help improve your credit.

How to apply for Amalgamated Bank of Chicago Platinum Rewards Mastercard®

• Visit the Amalgamated Bank of Chicago Platinum Rewards Mastercard® 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.