Barclaycard has a very unexciting new card. 1.5% cash back with an unimpressive 5% "next redemption" bonus.
$100 signup bonus for $500 spend, but currently available only by invitation.
It looks like a Rewards card without bonus categories. https://www.barclaycardus.com/8291
*I suppose it's good for mid-stage rebuilders, but Rewards already fills that role for them. CashForward really shows a lack of imagination.*
Wow this is the first time I have learned about a new card here rather than at MF. I think Capital One should be flattered that Barclaycard sees them as their main competition. First Arrival/Arrival + and now this. Capital One-ish rewards with some lipstick....
Looks okay for the most part but whereas Capital One rarely nerfs a reward program, we have already seen that Barclaycard has no problem with it (and Chase, (Sh)iti and US Bank) so it will be interesting if the 5% redemption bonus will stay. As for me, I'd go with QS based on its stability, Visa Signature benefits and, in my humble opinion, better card design. And frankly, until (Sh)iti nerfs Double Cash, that one is the best overall cash back cards for now.