Editorial note: This is a recurring post, regularly updated with new information and offers.
Quick summary
- A popular online retailer offers a co-branded credit card with strong cash-back rates for purchases at its own platforms and select grocery stores.
- To qualify for this card, you must hold a paid membership with the retailer, which carries its own annual cost.
- The card provides a welcome gift card upon approval, with no initial spending required, and offers additional benefits such as travel protections and exclusive access to certain sales events.
- The break-even point for offsetting the membership fee through card rewards depends on your annual spending at the retailer and affiliated stores.
What to consider
- You must maintain an active paid membership to be eligible for the card, and the value of the card is closely tied to how much you spend at the retailer and its grocery stores.
- Typical members may not spend enough annually to justify the membership solely for the card's rewards, so it's important to calculate your own break-even point.
- The card includes extra perks like purchase protection, travel insurance and rotating bonus categories, which may add value beyond cash-back rewards.
What you'll miss from the article
- A detailed calculation showing how much you need to spend annually to make the membership and card combination worthwhile for your situation.
