Its ABOC Platinum Rewards Mastercard offers you $150 in cash back in the form of a statement credit, the chance to earn 5x points, and 12 months of interest-free financing. And it now has no foreign transaction fees.
Pros
Cons
- $150 statement credit after you spend $1,200 in the first 90 days
- 12 months of 0% APR on purchases and balance transfers, 15.15% to 25.15% thereafter based on creditworthiness.
- 5x rewards for some purchases
- No annual fee (see Pricing & Disclosures)
- No foreign transaction fees
- Points never expire
- Longer-period promotional financing offers may be available with other cards
- Other cards have a base earn rate of higher than 1%
How the ABOC Platinum Rewards Mastercard credit card works
This card offers new applicants a $150 statement credit after you spend $1,200 on qualifying purchases within 90 days of account opening.
You also get 12 months of interest-free financing on both new purchases and balance transfers.
Finally, you’ll receive 5x rewards on up to $1,500 spent in certain featured categories and with featured merchants.
There’s no annual fee for this card, as of July 1, 2019, there are no longer any foreign transaction fees.
ABOC Platinum Rewards Mastercard review: Table of contents
How to earn rewards
With this card, you can earn five points per dollar on up to $1,500 spent each quarter in featured merchant categories like dining, groceries, travel, and automotive. For example, in the third quarter of 2019 (July – September), you earn 5x points on your first $1,500 spent on gasoline and travel purchases including airfare, car rental, cruises, hotels, travel agencies. You can also earn additional points by shopping through ABOCRewards.com.
You earn one point per dollar spent on all other purchases in non-featured categories.
