Abound (formerly Fort Knox) Credit Union Visa Platinum Review
Updated July 24, 2020.
The Facts
The Math
Obviously this card is for gas purchases, and perhaps for home improvement as well. For general spending, check out Fidelity Visa or Citi Double Cash, both of which return 2%.
Abound Visa vs. PenFed Platinum Cash Rewards Visa vs. Sam's Club MC: they all come with no annul fees and 5% cashback on gas. Abound Visa has no spending limit and no special requirement. PenFed has no spending limit, but requires certain relationship with the credit union. Sam's Club has a $6,000 annual spending limit and requires a membership with the wholesale club.
The Conclusion
Abound Visa is perhaps the best cashback card that offers 5% on gas purchases considering it has no annual fees, no spending limit, and no special requirements.
The Facts
- Annual Fee: none
- Signup Bonus: none
- Application landing page
- Rewards: 5% cashback on gas, 3% on home improvement stores, and 1% everywhere else.
- Other Facts: You may apply for the card as a non-member of the credit union.
- History: This card has been around for years and it used to offer 1.25% cashback for general spending. In February 2020, Fort Knox CU changed its name to Abound CU, so is the name of the credit card. Home improvement was added as a 3% category.
The Math
Obviously this card is for gas purchases, and perhaps for home improvement as well. For general spending, check out Fidelity Visa or Citi Double Cash, both of which return 2%.
Abound Visa vs. PenFed Platinum Cash Rewards Visa vs. Sam's Club MC: they all come with no annul fees and 5% cashback on gas. Abound Visa has no spending limit and no special requirement. PenFed has no spending limit, but requires certain relationship with the credit union. Sam's Club has a $6,000 annual spending limit and requires a membership with the wholesale club.
The Conclusion
Abound Visa is perhaps the best cashback card that offers 5% on gas purchases considering it has no annual fees, no spending limit, and no special requirements.