ChrisR2020 wrote:I have the Barclaycard rewards mastercard - yes it does complement nicely other cards with caps when Barclaycard run specials (bonus points).
The only problem with reward cards is the high interest rate. Barclaycard offers 15% on reward cards. The ring is 8% with little or no reward.
Regarding the interest rate on a rewards card, why does interest rate matter on a rewards card? If one is keeping a balance, get an intro rate card or low interest rate card (8% is like personal loan rates, pretty good if you ask me). If one pays their bill off every month, a rewards card makes more sense.
I personally have had good luck with Barclaycard's cards recently, they seem to be reasonably generous with their limits, and the cards do what they advertise. I am really interested in the ring card right now personally, as it seems like a great concept, "If the program is profitable, we send dividend checks to our cardholders. " I also like that it is an 8% rate, not that I keep balances, but in the event I needed a personal loan rate on a few thousand dollars, I wouldn't have to apply for one.
Does anyone here have the Ring card?