Every now and then FNBO releases a new card offering 2% cash back on all purchases. For whatever reason they change the name each time, we’ve seen the BucksBack & Complete Rewards and now they are offering the CashBack Visa card. I wasn’t even going to post the card because 2% cash back is so common these days, but lots of readers wanted my thoughts via e-mail so I thought I’d do a quick post. Personally I don’t see any reason to sign up for this card, for the following reasons:
- Fidelity offers a 2% cash back with a $100 sign up bonus
- Paypal offers a 2% cash back card with no foreign transaction fees
- Alliant & others offer cards that earn more than 2% cash back on all purchases
2% cash back on all purchases isn’t a good enough value proposition anymore and for the above reasons I don’t see any reason to sign up for this card.
