ABOC Platinum Rewards Credit Card Review

ABOC Platinum Rewards Credit Card is a rewards credit card issued by Amalgamated Bank of Chicago. 

This card is designed for people with good credit. The minimum credit score to apply is 700. 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.

Pros & Cons of ABOC Platinum Rewards Credit Card

The Good	The Bad
Lower than average purchase APRs. No annual fee. Has an introductory APR rate on balance transfers of 0%. Cardholders can earn rewards on their purchases. Extended warranty protection on purchases. Price Protection. Earn rewards on every purchase. ABOC Platinum Rewards Credit Card reports to multiple credit bureaus.	Minimum cash advance fee of $10.

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

What are the ABOC Platinum Rewards Credit Card benefits?

ABOC Platinum Rewards Credit Card provides the following benefits:

• Extended Warranty Protection
• Zero fraud liability
• Price 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 14.65% up to 24.65%. The card has a variable balance transfer APR that ranges from 14.65% up to 24.65%. It also has a variable cash advance APR of 26.74% .

ABOC Platinum Rewards Credit Card Balance Transfers

Description
Balance Transfer APR	14.65% - 24.65%
Introductory Rate	0%
Intro APR period (months)	12

ABOC Platinum Rewards Credit Card Rates & Terms

Description
Balance Computation	average daily balance (including new transactions)
Purchase APR	14.65% - 24.65%
Credit Limit	N/A
Penalty APR	N/A
Cash Advance APR	26.74%
Security Deposit	N/A
Introductory Rate	0%
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
Balance Transfer Fee	3%
Minimum Balance Transfer Fee	$5
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.