If you’re looking around for the best 5%/5X points rewards cards, here’s one that’s definitely fits that category. Introducing the ABOC Platinum Rewards Credit Card – a card where you can earn valuable points toward rewards, travel, gift cards, or even cash (in the form of a statement credit) everywhere you use your card!
Upon approval, you have the opportunity to earn a $150 statement credit bonus after you spend $1,200 on purchases within the first 90 days from account opening. Aside from the bonus offer, one prominent feature that makes this card shine is the opportunity to earn 5x rewards!
Earn 5x rewards on up to $1500 in combined purchases each quarter in popular categories such as dining, groceries, travel, and automotive.
Since it is a Mastercard, you’re able to reap the benefits that Mastercard offers such as zero liability for unauthorized purchases and more! If you’re interested in what more this card has to offer, see below!
The ABOC Union Strong Credit card is a similar credit card, but it provides union benefits and lower interest rates!
ABOC Platinum Rewards Credit Card Summary
| Bonus Available | $150 statement credit after you spend $1,200 on purchases within the first 90 days. |
| *Bonus Value | $150 |
| Ongoing Rewards/Benefits | Earn 5x rewards on up to $1500 in combined purchases each quarter in popular categories such as dining, groceries, travel, and automotive. All other purchases earn 1 point per $1. |
| Foreign Transaction Fees | None |
| Annual Fee | $0 |
Recommended Free Credit Score (Get Free Score) (Excellent)
PROS
- No Annual Fee
- Good option for average credit
- Competitive bonus offer
CONS
- High spending requirement
Editor’s Alternate Pick
 The Chase Freedom FlexSM offers a $200 bonus after you spend $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.24% - 27.99%. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Ultimate Rewards, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |
ABOC Platinum Rewards $150 Bonus
To get the $150 bonus, you will need to spend $1,200 on eligible purchases within the first 90 days of your account opening. This bonus is nearly standard amongst other top cards without an annual fee.
Actually, it’s a pretty good offer for a credit card that only requires an average credit score.
Here are some ideas on meeting the spending requirement:
Why You Should Apply for This Card
Earn 5X points on up to $1,500 in combined purchases each quarter on rotating categories.
Top cards like the Chase Freedom Flex card also incorporate rotating rewards categories.
The difference is the Chase Freedom Flex requires Good credit or better.
Here are the categories:
ABOC Platinum Rewards Bonus Rewards Categorires
Earn 5% cashback on your first $1,500 in combined purchases each quarter.
Below are the cash back categories for 2021:
- January-March 2021: Health & Wellness (Valid 1/1/21 – 3/31/21)
- Earn 5x points on qualifying groceries, fitness clubs, hospitals, and pharmacies. Must have a registered account at abocrewards.com.
- April-June 2021: Spring Spruce-Up (Valid 4/1/21 – 6/30/21)
- Earn 5x points on qualifying home improvement, gardening, Amazon.com, and other major online retailers. Must have a registered account at abocrewards.com.
- July-September 2021: Travel (Valid 7/1/21 – 9/30/21)
- Earn 5x points on qualifying airline, cruise, car rental, hotel, travel agency purchases, gas, tolls, and ride share. Must have a registered account at abocrewards.com.
- October-December 2021: Enjoy The Holidays (Valid 10/1/21 – 12/31/21)
- Earn 5x points on qualifying dining and groceries, food delivery services, liquor stores, and Amazon.com. Must have a registered account at abocrewards.com.
0% Intro APR on Purchases for 12 months; after that the variable APR will be 12.90% – 22.90% (V), based on your creditworthiness
After this introductory period, there will be a variable rate based on your credit worthiness.
ABOC Rewards Program
The ABOC Platinum Rewards Mastercard offers a straightforward rewards program that is free to join and offers rewards everywhere you use your card.
You’ll earn 1 ABOC Rewards Point for every $1 you spend on purchases wherever Mastercard is accepted. Use it for all of your everyday purchases and you’ll be amazed how quickly the points add up!
- New cardmembers automatically begin earning rewards from their first purchase!
- Access the ABOC Rewards website to view your balance, redemption options, and travel opportunities
- Every $1 in purchases = 1 ABOC Rewards Point
- Easily redeem online or by calling 1-800-927-0100
- Choose your rewards: statement credits, airline miles, merchandise, gift cards, or even a combination of rewards types
- No cap on the amount of rewards you can earn, and points never expire as long as your account is open and in good standing
- Earn rewards on every purchase made on the Card
- Earn 5x rewards on up to $1,500 in combined purchases each quarter in popular categories such as dining, groceries, travel, and automotive
- Get extra points by shopping with ABOC Rewards partners via abocrewards.com
- 24/7 online account access
- Gift points to other ABOC Rewards members
Why Choose ABOC?
For nearly 100 years, ABOC has fostered deep ties to their customers and their community. They serve the banking needs of countless businesses, organizations, institutions and individuals, many for multiple generations.
These relationships are based on profound trust, in-depth understanding and highly personal and responsive service provided by their experienced bankers.
Bottom Line
The most well-known cards offering 5% cash back rewards are Chase Freedom Flex and Discover It. However, ABOC’s choice of popular categories for the bonus definitely makes the ABOC Platinum Rewards Credit Card a competitive alternative.
Unlike the above cards, ABOC Platinum Rewards comes with built-in Mastercard benefits such as shopping protection, travel assistance, travel protection and much more. Considering these benefits plus flexible redemption options and no annual fee, you can’t go wrong applying for this card.
For more options, see our list of Credit Card Promotions!
What’s The Competition?
Below are some alternatives to the ABOC Platinum Rewards credit card you should consider.
 The Citi CustomSM Cash Card offers $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back. 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 18.99% - 28.99%, based on your creditworthiness. You'll earn: • 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent • 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases. No rotating bonus categories to sign up for – as your spending changes each billing cycle, your earn adjusts automatically when you spend in any of the eligible categories. The eligible spend categories are: Restaurants, Gas Stations, Grocery Stores, Select Travel, Select Transit, Select Streaming Services, Drugstores, Home Improvement Stores, Fitness Clubs and Live Entertainment. This card has no annual fee. |
The Chase Freedom FlexSM offers a $200 bonus after you spend $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.24% - 27.99%. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Ultimate Rewards, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |
 The Chase Freedom Unlimited® Card offers an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back! Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.74% - 28.49%. Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year). In addition, you can earn (after your first year or $20,000 spent): • 5% cash back on Chase travel purchased through Ultimate Rewards • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, • Unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. |
 The American Express® Gold Card offers 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months. Terms apply. You'll earn: • 4X Membership Rewards Points at Restaurants, plus takeout and delivery in the U.S., • 4X Membership Rewards points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X). • 3X Membership Rewards points on flights booked directly with airlines or on amextravel.com. $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required. This card has an annual fee of $250 with no foreign transaction fees (See Rates & Fees). Terms Apply. |
 The Blue Cash Preferred® Card from American Express offers a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It(R) to split up large purchases into monthly installments. Pay $0 intro plan fees on plans created during the first 12 months from the date of account opening. Plans created after that will have a monthly plan fee up to 1.33% of each eligible purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors. Low intro APR: 0% for 12 months on purchases from the date of account opening, then a variable rate, 18.99% to 29.99% You'll earn • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). • 6% Cash Back on select U.S. streaming subscriptions. • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). • 1% Cash Back on other purchases. Get $7 back each month after using your Blue Cash Preferred Card to spend $12.99 or more each month on an eligible subscription to The Disney Bundle, which includes Disney+, Hulu, and ESPN+. Enrollment required. The card does come with a $0 intro annual fee for the first year, then $95. (See Rates & Fees) Terms Apply. |
 The Blue Cash Everyday® Card from American Express offers $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. Balance Transfer is back! Enjoy 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, 18.99% to 29.99% variable APR. You'll earn: • 3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%. • 3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, then 1%. • 3% Cash Back at U.S. gas stations, on up to $6,000 per year, then 1%. • 1% back on other eligible purchases. • Get $7 back each month after using your Blue Cash Every Card to spend $12.99 or more each month on an eligible subscription to The Disney Bundle, which includes Disney+, Hulu, and ESPN+. Enrollment required. Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits. There are no annual fees with this card (See Rates & Fees). Terms Apply. |
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