Connexus Credit Union Everyday Rewards+Credit Card Review 2024: Is It Worth It?
Connexus Credit Union Everyday Rewards+ Credit Card Review 2024: Is It Worth It?
Maximize Your Spending with This No-Fee Card
If you’re looking to get the most out of your daily spending, Connexus Credit Union Everyday Rewards+ might be the card for you. With its simple rewards system and no annual fee, it promises a straightforward way to earn points on everyday purchases.
Introduction to Connexus Credit Union Everyday Rewards+ Card
The Connexus Credit Union Everyday Rewards+ card is designed to offer cash-back rewards on everyday purchases. Issued by Elan Financial Services, this card isn’t managed directly by Connexus Credit Union but provides several benefits that might appeal to regular spenders.
Quick Facts
| Feature | Detail |
|---|---|
| Welcome Bonus | 15,000 bonus points |
| Annual Fee | $0 |
| Regular APR | 19.49% – 29.74% Variable |
| Credit Score Requirement | Excellent, Good |
| Balance Transfer Fee | 3% or $5 (whichever is greater) |
| Foreign Transaction Fee | 3% of each foreign transaction |
| Points Expiration | 5 years after the end of the quarter earned |
What Is the Connexus Credit Union Everyday Rewards+ Card Best For?
The Connexus Credit Union Everyday Rewards+ card is particularly good for Connexus members who want to earn cash back without an annual fee. Here are the highlights:
- Dining Rewards: Earn unlimited 4 points per dollar on dining, takeout, and food delivery.
- Grocery and Gas Rewards: Earn 2 points per dollar on groceries, gas, EV charging, and streaming services.
- General Spending: Earn 1 point per dollar on all other eligible purchases.
Rewards Overview
| Category | Earning Rate |
|---|---|
| Dining, Take-out, Food Delivery | 4 points per dollar |
| Groceries, Gas, EV Charging | 2 points per dollar |
| All Other Purchases | 1 point per dollar |
Current Offer
Earn 15,000 bonus points after spending $500 in eligible purchases in the first 90 days of account opening. Points can be redeemed for cash back, travel, and more.
0% Introductory Rates
The Connexus Credit Union Everyday Rewards+ card offers a 0% introductory APR for the first 6 billing cycles on purchases and balance transfers, followed by a variable APR of 19.49%-29.74%.
Other Benefits
- Mobile Wallet Support: Easily add this card to your mobile wallet.
- No Enrollment for Bonus Categories: Earn points without needing to enroll in bonus categories.
Connexus Credit Union Everyday Rewards+ Card vs. Competitors
Connexus Credit Union Everyday Rewards+ Card vs. Blue Cash Everyday® Card from American Express
- Blue Cash Everyday®: Earns 3% cash back at U.S. supermarkets, U.S. gas stations, and online retail purchases in the U.S.
- Connexus Rewards+: Offers unlimited 4 points per dollar on dining.
Additional Perks: Blue Cash Everyday® offers purchase protections and rental car insurance, making it more attractive for those seeking additional benefits.
Connexus Credit Union Everyday Rewards+ Card vs. Chase Freedom Flex®
- Chase Freedom Flex®: 5% cash back on up to $1,500 in combined purchases in rotating categories (requires activation), 3% cash back on dining.
- Connexus Rewards+: Offers 4 points per dollar on dining without any caps.
Additional Perks: Chase Freedom Flex® offers extended warranty protection, rental car insurance, and fraud protection.
Connexus Credit Union Everyday Rewards+ Card vs. Discover it® Cash Back
- Discover it® Cash Back: 5% cash back on everyday purchases at different places each quarter up to a quarterly maximum of $1,500 in spending when activated.
- Connexus Rewards+: Offers 4 points per dollar on restaurant purchases with no spending caps.
Additional Perks: Discover offers a longer 0% intro APR period and automatic cashback match at the end of the first year.
FAQ
Q: How do I earn points with the Connexus Credit Union Everyday Rewards+ card?
A: You earn points by making eligible purchases. Earn 4 points per dollar on dining, 2 points per dollar on groceries, gas, EV charging, and streaming services, and 1 point per dollar on all other purchases.
Q: How can I redeem my rewards?
A: Points can be redeemed for statement credits, cash deposits into your Connexus account, merchandise, gift cards, and travel. Redemptions start at 2,500 points for $25 in cash back value.
Q: Are there any fees associated with this card?
A: The card has no annual fee. However, there is a balance transfer fee of 3% or $5, whichever is greater, and a 3% foreign transaction fee.
Q: Do points expire?
A: Yes, points expire five years after the end of the quarter in which they are earned.
Q: Is there a welcome bonus?
A: Yes, you can earn 15,000 bonus points after spending $500 in eligible purchases in the first 90 days of account opening.
Bottom Line
The Connexus Credit Union Everyday Rewards+ card offers a simple and rewarding way to earn cash back on everyday purchases, especially if you spend a lot on dining and groceries. With no annual fee and a straightforward rewards system, it could be a great addition to your wallet if you’re looking for a no-fuss cash-back card. However, it’s essential to compare it with other cards on the market to ensure it meets your needs and spending habits.
Make sure to explore www.abeut.com for more credit card reviews.
