People's United Real Rewards Card Review

Who is the World MasterCard Real Rewards Card for?

This card is targeted towards people that are seeking to be rewarded for their daily transactions. With a rewards rate of 1.5 points per dollar spent and unlimited earnings, this card offers one of the most competitive rewards programs. Also, a variety of redeemable options are present for the card user to take advantage of such as travel vouchers, merchandise, gift cards, and more.

Additionally, this card has an introductory 0% APR period which most reward cards don't offer. Therefore, this is a well-competent card that can be used for dynamic transactions like balance transfers, making big purchases, or even going about day to day activities.

Further, this card is able to offer its great features at no annual cost. Such is rare to see with a credit card that is aimed at providing both a rewards program and promotional APR.

Rewards Rates

The World Mastercard Real Rewards Card allows you to earn 1.5 points for every $1 you spend on eligible net purchases. Your purchases are rounded up or down to the nearest whole dollar amount when awarding points. There is no cap or limit on the number of points you can accumulate. However, the points expire five years after they are issued. In this view, this card is best if you are constantly using your credit card to make purchases.

You can use these reward points to book air travel, hotel stays, rental cars, and redeem for much more. If the rewards aren't something that you like, you can always choose to redeem for a cash deposit to a checking or savings account or take statement credit. This flexibility allows you to be able to use your points freely without being restricted to how you can use your points.

Unlike other credit cards, this card may take up to 60 days after a qualifying purchase to post points your account. This is an important fact to consider if you want to spend your points frequently.

Welcome Bonus

A great rewards bonus of 2,500 points is rewarded after your first purchase. These 2,500 points alone can be redeemed for $25 cash back or used for merchandise, gift cards, travel, and more. These welcome points are awarded 6 to 8 weeks after your first purchase.

0% Intro APR on Balance Transfers and Purchases

The World Mastercard Real Rewards Card provides card users with 0% intro APR on balance transfers and purchases for 6 months. Interestingly, 0% APR for balance transfers is allowed up to 185 days after account opening. Most credit cards that offer similar intro APR on balance transfers don't allow for more than 90 days after account opening to qualify. With this in mind, cardholders can smoothly transition their existing loans to this card without having to be rushed for the intro APR.

With 0% intro APR on balance transfers, cardholders can enjoy interest-free payments on existing debts. Student, house, auto, and other types of loans can be transferred to this card to take advantage of the 0% intro APR. Similarly, expensive purchases can be made on this card so that you can easily pay back without having to pay interest for 6 months.

Protections

Zero fraud liability for unauthorized transactions is included in this card which ensures that cardmembers are not liable for fraudulent purchases when this card is lost or stolen. No matter how this card is illegally used, whether it be in a store or online, the cardholder won't have to pay a single penny for any of the purchases made. Cardholders must immediately notify customer service in event of an unauthorized transaction.

No Annual Fee

With no annual fee, this card is a great way for you to earn rewards as you go about your day to day activities. Other cards with similar rewards programs, charge annual fees as high as $85. This card's $0 annual fee, however, ensures that you're getting one of the best possible deals.

Benefits

While the standout feature of this credit card is its rewards program, there are other common benefits that come complimentary with this card as well.

Firstly, an auto rental collision damage waiver is included with this card. This waiver provides the cardmember with coverage on the basis for damage due to collision or theft when the rental company's collision damage waiver option is declined and the expenses are charged to this card.

Secondly, travel assistance is provided when away from home. Whether needing to replace lost travel tickets or obtain medical and legal referrals, this card provides excellent service to connect you to the right providers.

Lastly, a free extra card comes along when qualified. With this extra card, cardholders can share benefits and have ease of mind knowing they have a backup in case their main card is lost.

Conclusion

This card is oriented for those looking to be rewarded for their purchases. With a great rewards rate, introductory 0% APR, and other common benefits, this card is well worth it for individuals wanting a well-rounded credit card. While some staple features of a rewards card are missing from the World Mastercard Real Rewards Card, at no annual cost it's a pretty good bargain.