Barclaycard has unveiled the launch of its unlimited cash rewards credit card, the Barclaycard CashForward World MasterCard. With no annual fee, cardholders earn unlimited 1.5% cash rewards on every purchase and a 5% redemption bonus to use toward their next redemption every time they redeem.
Barclaycard emphasis the card has no rotating categories, no quarterly sign-ups and no annual fee, it offers a straightforward, simple approach to earning and redeeming cash rewards. Barclaycard is taking cash back in a new direction – forward – by offering cardmembers unlimited 1.5% cash rewards on every purchase and a 5% redemption bonus to use toward their next redemption every time they redeem.
A year of earning and redeeming with Barclaycard CashForward can easily net cardmembers hundreds of dollars. Assuming average monthly spending of $600 on groceries, $300 on utilities, $300 on gas, $250 on restaurants and $250 on miscellaneous purchases, the typical Barclaycard CashForward cardmember could earn $306 in cash rewards in just one year.
Three options to redeem cash rewards: a deposit into any bank account, a statement credit or gift cards. Cash rewards do not expire as long as the account is open, active and in good standing.
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