Who Is the Abound Visa Platinum Card For?

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The Abound Visa Platinum Card is ideal for:

1. Frequent drivers: If you spend a significant amount on gas each month, this card's fuel purchase rewards can lead to substantial savings.
2. Credit union enthusiasts: Those who prefer banking with credit unions will appreciate the personalized service and member-focused approach of Abound Credit Union.
3. Everyday spenders: The card offers cash back on general retail purchases, making it suitable for daily use beyond just fuel purchases.
4. Those with good to excellent credit: While credit approval is subject to various factors, having a strong credit profile may increase your chances of approval and potentially better terms.

Comparing the Abound Visa Platinum Card With Other Credit Cards

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When considering the Abound Visa Platinum Card, it's helpful to compare it with other popular options in the cashback credit card category:

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Chase Freedom Unlimited®:

• Annual fee: $0
• Sign-up bonus: Cash bonus after meeting spending requirements
• Key rewards: 5% on travel purchased through Chase Travel℠, 3% on dining and drugstores, 1.5% on all other purchases
• Standout feature: Flexible redemption options including cash back, travel, and gift cards

Capital One Savor Cash Rewards Credit Card (rates & fees):

• Annual fee: $0
• Sign-up bonus: Cash bonus after meeting spending requirements
• Key rewards: 3% on dining, entertainment, popular streaming services, and grocery stores
• Standout feature: No foreign transaction fees

Blue Cash Everyday® Card from American Express (rates & fees):

• Annual fee: $0
• Welcome offer: Cash bonus after meeting spending requirements
• Key rewards: 3% at U.S. supermarkets (up to $6,000 per year), 2% at U.S. gas stations and select U.S. department stores. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout

_{Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.}

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Each card offers unique benefits tailored to different spending habits and preferences. Consider your personal financial goals when choosing the best card for you.

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Key Takeaways:

• Abound Visa Platinum Card excels in providing cardholders with cash back on their everyday purchase
• Chase Freedom Unlimited® offers diverse category bonuses
• Capital One Savor Cash Rewards Credit Card rewards dining and entertainment spending
• Blue Cash Everyday® provides strong rewards on everyday purchases

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Consider Using Kudos

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While the Abound Visa Platinum Card offers strong rewards for fuel purchases, savvy shoppers might want to maximize their rewards across all spending categories. This is where Kudos comes in handy.

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Kudos is a free AI-powered browser extension that helps you get the most out of your credit cards whenever you shop online. It works with over 15,000 stores and automatically suggests the best credit card to use for each purchase, ensuring you earn the most rewards, points, or cash back based on your spending patterns.

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By using Kudos alongside your Abound Visa Platinum Card, you can:

1. Optimize your rewards across multiple cards
2. Discover new credit cards that align with your spending habits
3. Multiply your rewards up to 5X during exclusive "Flash Boost" events

If you're looking to get more out of your credit cards, Kudos is the best free shopping app to use when you shop online. And, they're currently offering $20 back after your first eligible purchase — just sign-up for free with code "GET20" and make a purchase at a Boost merchant.

Our Expert Takeaway

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The Abound Visa Platinum Card is a solid choice for those who prioritize fuel purchases and prefer credit union membership. Its no-annual-fee structure and competitive cash back rate on gas make it an attractive option for frequent drivers. However, its rewards structure may be limited compared to some other cards in the market.

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For those looking to maximize their overall credit card rewards strategy, combining the Abound Visa Platinum Card with a tool like Kudos can help ensure you're always using the best card for each purchase, potentially multiplying your rewards across various spending categories.

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Remember, the best credit card for you depends on your individual spending habits and financial goals. Always compare multiple options and read the fine print before applying for any credit card.

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Abound Visa Platinum Card FAQ

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How do I apply for the Abound Visa Platinum Card?

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To apply, you first need to become a member of Abound Credit Union. Once you're a member, you can start the application process online, by phone, or at a local branch. The application process typically requires personal information and is subject to credit approval.

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What is the cash back rate for fuel purchases?

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While rates may vary, the Abound Visa Platinum Card typically offers a higher cash back percentage on fuel purchases compared to other purchase categories. Check the current offer on Abound Credit Union's website for the most up-to-date rates.

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How often will I receive my cash back rewards?

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Cash back rewards are usually credited to your account and appear on your monthly billing statement. However, it's best to confirm the exact schedule with Abound Credit Union.

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Is there a limit to how much cash back I can earn?

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Some cards impose limits on cash back earnings, especially in bonus categories. Check the card's terms and conditions for any potential caps on rewards.

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Can I use this card for balance transfers?

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While the card may allow balance transfers, it's primarily designed as a rewards card for purchases. Balance transfer terms, including any applicable fees, should be confirmed with Abound Credit Union.

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What kind of additional benefits does the card offer?

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As a Visa Platinum card, it likely includes benefits such as zero liability protection, emergency card replacement, and possibly travel insurance. Check with Abound Credit Union for a full list of current card benefits.

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How does the cash advance feature work?

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The card typically allows cash advances, but these often come with a cash advance fee and a higher APR. It's generally advisable to avoid cash advances unless absolutely necessary.

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Remember, credit card terms and conditions can change, so always verify the most current information directly with Abound Credit Union before making any decisions. And consider using tools like Kudos to ensure you're maximizing your rewards across all your credit cards.