Did anybody ever try it? I need to become a FC2S member to get one - is it worth it? I am a new immigrant and don’t have better options available to me. But I am approved for Alliant cash back card, just not sure if there is a catch. Never tried these credit unions before. Tc 300k (not tech) #personalfinance
Are you trying to build credit history?
Alliant is a reputable company. I use their high yield savings account. Current APY is low - 0.55% - but it’s top of market. As far as building credit as a new immigrant, I also recommend the Discover credit cards.
It's an okay card with 2% cash back on all purchases. The only catch is the minimum cash out i.e. 50 bucks. There are many other 2% cards with no minimum cash out threshold.
Ty, what’s the minimum cash out? This is a credit card. Is it a min transaction amount of something?
Min cash out is for how much cash back rewards you have to accumulate before you can redeem them. So u have to spend $2500 before u can cash out your $50 awards.