After posting about the Ness Wellness card a reader pointed out the KrowdFit credit card. Let’s take a look in this quick review:
- Free MyFitnessPal or Calm 1-year Premium Membership
- No annual fee
- Card earns at the following rates:
- 4% cash back on spending with qualifying health, wellness, medical and lifestyle partners
- 2% cash back on qualifying grocery purchases
- 1% cash back on all other purchases
- A Free 1-year KrowdFit Premium Membership
Our Verdict
It isn’t exactly clear what counts as qualifying health, wellness, medical and lifestyle partners. At first I thought it would be limited to partners they identify but after a reader e-mail with KrowdFit that isn’t the case and it’s based on merchant category codes (MCC). This could be potentially very useful for those with high medical costs but for most readers no sign up bonus on otherwise low earn rates makes this an unattractive card.
View Comments (57)
As a holder if this card, does anyone know about what will be done with the account now that it's "suspended"? It's still reporting to the credit bureaus and the app is still active.
I have no inside info but my guess is Deserve will keep these accounts open, at least for a while longer. It costs them virtually nothing, and they won't lose a pretty decent customer base for future operations.
However, your "right to make purchases" (that's what credit cards are usually for...) will hardly be restored, given that Krowdfit has ceased operations.
I'm not sure how to tag the site moderators (William Charles? Chuck?), but they might want to update this post with the latest information? Cheers.
I just noticed this page has never been updated, but Krowdfit ceased operations in November 2023, after an unsuccessful search for a buyer or a new investment partner.
As a result, Deserve (the fintech behind the card) notified cardholders on November 24 that their "right to make purchases" on the Krowdfit Mastercard account was suspended indefinitely.
The credit card technically remains open, and is still reporting to the bureaus. The 'KrowdfitCard' app is also still active.
sent a second email to Krowdfit basically impugning their judgement in partnering with Deserve and predicting their imminent demise because of said partnership.
Today Deserve didnt even bother to pick up their phones.
Krowdfit did reply:
"Sorry you've had such difficulty. Out team has started a review of their support response so hopefully we will be able to effect some change."
I emailed KrowdFit through their website and asked what categories are covered and this is what they sent! Actually seems to cover a good number of categories—including Doctors, Dentists, etc… but doesn’t look like health insurance is listed, unfortunately.
Here is a list of the MCC codes at 4%
5310 Discount Stores
5499 Misc Food Stores - Specialty Markets & Convenience
5551 Boat Dealers
5571 Motorcycle Dealers
5598 Snowmobile Dealers
5611 Men’s and Boy’s Clothing and Accessories Stores
5621 Women’s Ready-to-Wear Stores
5631 Women’s Accessory and Specialty Shops
5651 Family Clothing Stores
5655 Sports Apparel, Riding Apparel Stores
5661 Shoe Stores
5691 Men’s and Women’s Clothing Stores
5699 Miscellaneous Apparel and Accessory Shops
5812 Eating places and Restaurants
5912 Drug Stores and Pharmacies
5940 Bicycle Shops – Sales and Service
5941 Sporting Goods Stores
7032 Sporting and Recreational Camps
7297 Massage Parlors
7298 Health and Beauty Shops
7911 Dance Halls, Studios and Schools
7941 Commercial Sports, Athletic Fields, Professional Sport Clubs, and Sport Promoters
7992 Golf Courses – Public
7997 Membership Clubs (Sports, Recreation, Athletic), Country Clubs, and Private Golf Courses
7999 Recreation Services (Not Elsewhere Classified)
8011 Doctors
8021 Dentists
8041 Chiropractors
8062 Hospitals
8071 Medical and Dental Labs
I just wrote a review for the KrowdFit card.
Insurance IS on the list they sent me.
over the phone they told me pharmacy is covered, i dont see it on your list. what a shit show
Her list has it as "5912 Drug Stores and Pharmacies"
Curious if a post for rewards on “wellness related” credit cards might be useful? With this, the Ness Wellness Card, and the Paceline card. Plus there are many other cards that have 3 or 5% back on Gym/Fitness Memberships and Sporting Goods Stores—such as US Bank Cash+, Walgreens’ credit card, and as a rotating category on Abound Credit Union’s card. FutureCard also gives 5% back on used sports equipment. Walgreens even has 3% rewards for “Spa and Salon appointments” and “Pet Store” as wellness related. Though their rewards are only redeemable at Walgreens, which leaves a lot to be desired.
There is a best card for Drugstores post, maybe could be part of an update to that post?
What do others think?
Another fitness card that won’t survive a year
Like the other fitness club doesn't survive and make people in debt.
This card is over a year old. Just because you only learned about it today doesn't mean that it's a new product.
It's survived longer than that even right now, but don't let me stop anyone from continuing to foretell already-proven-wrong declarations. Enjoy!
Eh. I spend enough on health and wellness these days, but needs a sign up bonus. 4% is nice but if by chance a provider doesn't qualify, how irritating. I'll take my 10+% sign up bonuses for my "health spending".
We just advertising any trash card now?
Not really advertising, just making readers aware of different products. We don't even recommend it at the end.
This product was suggested by a reader, and Willchuck will take all the content they can get.
The verdict is usually something like "this looks interesting but not that interesting".
Their website UI is quite dated for a new product
Will health insurance premium payments count for 4% ?
If yes this card will be very useful for that group of people who pay premiums out of pocket.