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forum thread Posted by CleverString959 over 3 years ago
forum thread Posted by CleverString959 over 3 years ago

Alliant Cashback Visa® Signature Credit Card pays 2.5% cash back on up to $10,000 a month

47 Comments 32,089 Views
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Deal Details
https://www.alliantcreditunion.or...ature-card
The Alliant Cashback Visa Signature card has removed the annual fee (previously $59) and now offers 2.5% cash back on up to $10,000 in purchases a month ($120,000 a year) with no annual fee. Once the $10,000 per month limit is reached, additional purchases will earn 1.5% cash back.

In order to qualify for the Tier One (2.5%), credit union members must have an Alliant checking account, sign up for electronic statements, maintain a $1000 average balance in the checking account, and receive at least one electronic deposit per month. An electronic deposit is defined as a direct deposit, payroll deposit, ATM deposit, mobile check deposit or transfer from another financial institution.

Alliant credit-union application [alliantcreditunion.org].

Alliant Cashback Visa Signature Credit Card application [alliantcreditunion.org]. (You can sign-up to become a member during the application).

Full terms of the offer here [alliantcreditunion.org].
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
https://www.alliantcreditunion.or...ature-card
The Alliant Cashback Visa Signature card has removed the annual fee (previously $59) and now offers 2.5% cash back on up to $10,000 in purchases a month ($120,000 a year) with no annual fee. Once the $10,000 per month limit is reached, additional purchases will earn 1.5% cash back.

In order to qualify for the Tier One (2.5%), credit union members must have an Alliant checking account, sign up for electronic statements, maintain a $1000 average balance in the checking account, and receive at least one electronic deposit per month. An electronic deposit is defined as a direct deposit, payroll deposit, ATM deposit, mobile check deposit or transfer from another financial institution.

Alliant credit-union application [alliantcreditunion.org].

Alliant Cashback Visa Signature Credit Card application [alliantcreditunion.org]. (You can sign-up to become a member during the application).

Full terms of the offer here [alliantcreditunion.org].
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47 Comments

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over 3 years ago
2,892 Posts
Joined Jun 2016
over 3 years ago
slkmaster2000
over 3 years ago
2,892 Posts
Maintain $1000 AND a direct deposit every month? Ughhh just give me the 2.5% and leave me alone. If I was in the market for a high Cashback card, this would be a decent choice but not compelling enough when I already have a 2% card (which a lot do)
over 3 years ago
597 Posts
Joined Nov 2011
over 3 years ago
iDroid
over 3 years ago
597 Posts
Quote from slkmaster2000 :
Maintain $1000 AND a direct deposit every month? Ughhh just give me the 2.5% and leave me alone. If I was in the market for a high Cashback card, this would be a decent choice but not compelling enough when I already have a 2% card (which a lot do)
Agreed, sounds like a lot of hoops to jump thru for an extra 0.5%. And a bunch of extra steps if you're not already a banking customer of theirs
over 3 years ago
7,885 Posts
Joined Jul 2006
over 3 years ago
bigbearballs
over 3 years ago
7,885 Posts
Say you spend 2k a month on your cc and you already have a 2% card, this would only be a $120 a year, not bad but lots of effort like others have said

But if you spend 10k a month, $600 a year extra would be worth the effort I think.
Last edited by bigbearballs July 18, 2021 at 12:56 PM.
over 3 years ago
753 Posts
Joined Jun 2012
over 3 years ago
samwathegreat
over 3 years ago
753 Posts
Since it says electronic deposit and not direct deposit, I wonder if a scheduled automatic ACH transfer each month would suffice...
over 3 years ago
402 Posts
Joined Mar 2011
over 3 years ago
tigerflash18
over 3 years ago
402 Posts
Yeah, I would definitely be more interested in this if it didn't require a monthly deposit. $1000 minimum in account isn't too terrible. Although it would be pretty easy to just set up like $5 per month of deposits every month.
over 3 years ago
402 Posts
Joined Mar 2011
over 3 years ago
tigerflash18
over 3 years ago
402 Posts
Quote from samwathegreat :
Since it says electronic deposit and not direct deposit, I wonder if a scheduled automatic ACH transfer each month would suffice...
I just assumed an ACH would work, if it didn't then that would definitely suck.
over 3 years ago
2,892 Posts
Joined Jun 2016
over 3 years ago
slkmaster2000
over 3 years ago
2,892 Posts
Quote from bigbearballs :
Say you spend 2k a month on your cc and you already have a 2% card, this would only be a $120 a year, not bad but lots of effort like others have said

But if you spend 10k a month, $600 a year extra would be worth the effort I think.
Probably the best if you're a business owner with lots of monthly spend.

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over 3 years ago
2,892 Posts
Joined Jun 2016
over 3 years ago
slkmaster2000
over 3 years ago
2,892 Posts
Quote from samwathegreat :
Since it says electronic deposit and not direct deposit, I wonder if a scheduled automatic ACH transfer each month would suffice...
Anyone have any info on that? Would be easy to do that
over 3 years ago
620 Posts
Joined Oct 2017
over 3 years ago
sbessire
over 3 years ago
620 Posts
I have it. The email I got said it did not need to be a payroll ACH.

I set up a $10 monthly transfer in, but I will check if it suffices.

This is what it states on the deposit:


Qualify for Alliant High-Rate Checking
by signing up for eStatements and having one monthly electronic deposit. You can easily schedule automatic recurring deposits via online or mobile banking so you can set it and forget it.


Here are the terms:
https://ww2.alliantcreditunion.or...rsgWegxggo
Last edited by sbessire July 18, 2021 at 05:05 PM.
over 3 years ago
6,878 Posts
Joined Mar 2006
over 3 years ago
iwheela
over 3 years ago
6,878 Posts
Quote from slkmaster2000 :
Maintain $1000 AND a direct deposit every month? Ughhh just give me the 2.5% and leave me alone. If I was in the market for a high Cashback card, this would be a decent choice but not compelling enough when I already have a 2% card (which a lot do)
What 2% card do you have? Is it on every purchase? Not many out there. Thanks!
iwheela
2
over 3 years ago
2,892 Posts
Joined Jun 2016
over 3 years ago
slkmaster2000
over 3 years ago
2,892 Posts
Quote from iwheela :
What 2% card do you have? Is it on every purchase? Not many out there. Thanks!
iwheela
Yes every purchase. PayPal Mastercard. There's also Citi double cash, td bank, sofi money, fidelity, possibly others
over 3 years ago
2,892 Posts
Joined Jun 2016
over 3 years ago
slkmaster2000
over 3 years ago
2,892 Posts
Quote from sbessire :
I have it. The email I got said it did not need to be a payroll ACH.

I set up a $10 monthly transfer in, but I will check if it suffices.

This is what it states on the deposit:


Qualify for Alliant High-Rate Checking
by signing up for eStatements and having one monthly electronic deposit. You can easily schedule automatic recurring deposits via online or mobile banking so you can set it and forget it.


Here are the terms:
https://ww2.alliantcreditunion.or...rsgWegxggo
Mind posting back if it does indeed qualify? I'd like a confirmation before I go through the trouble of opening my own account. No foreign transaction fee makes this an excellent card to use abroad also!
over 3 years ago
443 Posts
Joined Nov 2011
over 3 years ago
Hugh_Jastle
over 3 years ago
443 Posts
Quote from bigbearballs :
Say you spend 2k a month on your cc and you already have a 2% card, this would only be a $120 a year, not bad but lots of effort like others have said

But if you spend 10k a month, $600 a year extra would be worth the effort I think.
If you're spending 10K a month why the fark would you care about $600???
1
2
over 3 years ago
620 Posts
Joined Oct 2017
over 3 years ago
sbessire
over 3 years ago
620 Posts
Because it is $600 and the government doesn't send me free money.

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over 3 years ago
620 Posts
Joined Oct 2017
over 3 years ago
sbessire
over 3 years ago
620 Posts
Quote from slkmaster2000 :
Mind posting back if it does indeed qualify? I'd like a confirmation before I go through the trouble of opening my own account. No foreign transaction fee makes this an excellent card to use abroad also!
You bet. I was going to ask this week if I meet all the qualifications. I'm exempt for a few months but I want to make sure I am getting there 2.5 and did a deposit.