Alliant Credit Union Visa: 2.5% Cashback
00:00:00.000 | The last card I'm going to mention is the Alliant Credit Union Visa Signature Card.
00:00:04.160 | And I don't know anyone that has this card.
00:00:06.080 | I've never had this card.
00:00:07.280 | I've never had an account at Alliant.
00:00:08.760 | But the one interesting thing is it is a 2.5% cash back on everything card.
00:00:13.920 | It does have a few hoops that you have to jump through, but no annual fee,
00:00:17.480 | no foreign transaction fees, does have some travel protections.
00:00:20.640 | It does not have a sign up bonus.
00:00:22.640 | And so if for whatever reason, none of the other options make sense for you.
00:00:27.120 | I said at the outset, I'm going to talk about cards
00:00:29.280 | that earn more than 2% on everything.
00:00:31.320 | I think this qualifies because it's 2.5%.
00:00:33.800 | The only catch is it's only on up to $10,000 per billing cycle.
00:00:37.880 | I know that's plenty for most people.
00:00:39.680 | So I thought it was worth including.
00:00:41.440 | After that, it rolls over to 1.5%.
00:00:43.920 | The requirements you need to jump through to make this work is you do need to enroll
00:00:47.920 | in e-statements and then you do need to open up their high rate checking account,
00:00:51.840 | which is not very high rate.
00:00:53.120 | It's 0.25%.
00:00:54.520 | And you need to have one deposit a month.
00:00:56.680 | And that could be a direct deposit, an ATM deposit, a mobile check deposit,
00:01:00.360 | or even a transfer from another bank.
00:01:02.040 | And you need to maintain a balance of $1,000 or more.