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

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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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Created 07-15-2021 at 11:39 AM by CleverString959
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Joined Jun 2016
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> bubble2 2,574 Posts
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slkmaster2000
07-18-2021 at 11:01 AM.
07-18-2021 at 11:01 AM.
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)
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Joined Nov 2011
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iDroid
07-18-2021 at 11:28 AM.
07-18-2021 at 11:28 AM.
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
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Joined Jul 2006
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> bubble2 7,682 Posts
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bigbearballs
07-18-2021 at 12:53 PM.
07-18-2021 at 12:53 PM.
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.
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Last edited by bigbearballs July 18, 2021 at 12:56 PM.
Joined Jun 2012
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samwathegreat
07-18-2021 at 12:58 PM.
07-18-2021 at 12:58 PM.
Since it says electronic deposit and not direct deposit, I wonder if a scheduled automatic ACH transfer each month would suffice...
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Joined Mar 2011
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> bubble2 384 Posts
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tigerflash18
07-18-2021 at 01:00 PM.
07-18-2021 at 01:00 PM.
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.
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Joined Mar 2011
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> bubble2 384 Posts
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tigerflash18
07-18-2021 at 01:01 PM.
07-18-2021 at 01:01 PM.