The Chase Freedom Flex℠ * won’t reward aviation-specific purchases, but it earns 5% cash back on up to $1,500 in categories that rotate quarterly (requires activation), 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores and 1% on all other purchases which will almost certainly return more cash back rewards than the AOPA World Mastercard® *. Still, we think that the typical pilot will earn more with this card by getting a higher rate on most other purchases with no earnings cap. The Citi® Double Cash Card won’t earn 3% to 4% on purchases with AOPA or AOPA partners. After that, the fee will be 5% of each transfer (minimum $5). An intro balance transfer fee of either $5 or 3%, whichever is greater, applies to transfers completed within the first 4 months of account opening. After that, the standard variable APR will be 19.24% - 29.24%, based on creditworthiness. Though it doesn’t offer the Mastercard Travel benefits, it does dual-purpose as a balance transfer card by offering 0% intro APR on balance transfers for 18 months. The Citi® Double Cash Card is the turboprop of cash-back cards: It earns an effective 2% cash back on all purchases-1% when purchases are made and another 1% when they’re paid off. At a standard redemption rate of 1 cent per point, this is worth $371.77 each year.ĪOPA World Mastercard® * vs. If our sample household was able to max out their 2,500-point limit on bonus points each quarter, that would add an additional 10,000 points per year, putting total annual earnings at 37,177. At the base rate of 1%, these purchases would earn 36,177 points. The 70th percentile of wage-earning households bring in $116,000 annually and we base spending on that number.įorbes Advisor estimates that the household has $36,177 in expenses that can be reasonably charged to a credit card. Forbes Advisor uses data from various government agencies in order to determine both baseline income and spending averages across various categories. To determine the rewards potential of the AOPA World Mastercard® * we have to consider what an American household might spend on a credit card each year. Cash-back rewards do not count toward credit card payment obligations. Though the rewards program also lists airline tickets, merchandise and fuel discounts as possible rewards, cash back is likely the best and most valuable use of points. A minimum redemption amount exists of 2,500 points. Redeeming RewardsĬash back earned with the AOPA World Mastercard® * can be redeemed as a statement credit. Points expire three years from the calendar month in which they’re earned. The AOPA World Mastercard® * automatically earns 4% on select AOPA purchases, 3% with select AOPA partners, 2% on FBO's, flight schools, and fuel and 1% back on all other eligible purchases. We won’t call the AOPA World Mastercard® * unairworthy, but we will recommend pilots find plastic that’ll generate a little more cash-back lift and donate whatever portion of that to AOPA instead-we imagine everyone, including our beloved AOPA, will see better performance this way. Though the Mastercard World Travel benefits aren’t awful, similar perks and then some can be found with other, better cards. After you’ve reached that cap, every purchase for the remainder of the quarter will earn the base 1%.įor this reason, a card that rewards an all-around 2% cash back is likely to return more. The card doesn’t offer major payload beyond the cash back earning-its additional benefits are mostly limited to the Mastercard World Travel benefits and zero liability and ID theft protections.Īdditionally, this card limits the total number of bonus points that you can earn per quarter to 2,500 points. The card offers 4% on select AOPA purchases, 3% with select AOPA partners, 2% on FBO's, flight schools, and fuel and 1% back on all other eligible purchases. The AOPA World Mastercard® * isn’t a flat spin, but it’s definitely more “power-on stall” than “chandelle” where credit cards for pilots are concerned.
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