Posted by William Charles on July 7, 2019
Credit Cards

Published on July 7th, 2019 | by William Charles

142

America’s Christian Credit Union Visa Signature Credit Card 62,500 Points, Worth $625 [Restricted Membership]

Update 7/7/19: Deal is back and valid until August 31st, 2019. Hat tip to reader Cody

America’s Christian Credit Union is offering a bonus of up to 62,500 when you open a new Visa Signature credit card. Let’s take a look at this card in more detail.

The Basics

  • Sign up bonus of 62,500 points is broken down as follows:
    • Receive 10,000 bonus rewards points upon card issuance
    • Receive 2,500 bonus rewards points on first transaction
    • Receive 50,000 bonus rewards points if you spend $3,000 in the first 90 days
  • No annual fee
  • Card earns at the following rates:
    • Earn 1.25 points per $1 spent on purchases
    • Earn 2.50 points per $1 spent at charitable organizations
  • 0% introductory APR on purchases and balance transfers for the first six months
  • A portion of every purchase is also directed to ministries (isn’t clear what percentage). Slightly more information here.
  • $3 fee is charged if you receive paper statements

 

How Much Are Points Worth

This page shows that the points earned are actually CUREWARDS points. I believe points are worth 1¢ each when redeeming for statement credit, although you need to redeem a minimum of 5,000 points at a time. The points earned are CU Rewards points, these can be redeemed for flights. I know you used to be able to get additional value on flights (more on that here) but I don’t think that’s available anymore.

Becoming A Member

Membership is restricted and you need to complete a statement of faith to be able to join. Full details here. Primarily, churches, ministries, and schools aligned with Wesleyan Christian doctrine and their ministers, employees, members/attendees, officers, teachers, students, and others associated with these organizations qualify for membership.

Our Verdict

This isn’t the first time we covered America’s Credit Union, they also offer a 4% APY 1 year CD to new members as well that is worth considering. This credit card bonus looks great, seems to be $625 in cash value for only $3,000 in spend. The downside is the restrictive membership requirements. If you are eligible it’s definitely a card worth at least considering. I know some readers will find the restrictive membership unfair, but unfortunately that’s life. Let’s try to keep the comments for discussing the actual deal, rather than the membership requirements themselves.

Hat tip to leftysidewinder



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Stan
Stan

credit unions often have membership restrictions. no big deal.

TW
TW

I’d pledge to be a democrat if they paid me enough money in checking account and credit card bonuses.

Thom
Thom

whoa whoa whoa let’s not say things we can’t take back now

Benjamin von Kerr
Benjamin von Kerr

Which might explain your current political affiliation. 🙄

TW
TW

It’s a joke

Liam
Liam

Haha and someone did not get it!

Thom
Thom

which explains *their* current political affiliation

Brian
Brian

Ha! Love it.

Sara
Sara

Selling your soul to the devin eh? lol jk dont get triggered people im neutral!

Kyle
Kyle

Devin can’t have my soul!

Pahanin
Pahanin

How much is your pledge worth cpp?

Liam
Liam

Lol

Monica
Monica

Can the points be redeemed for hotels and airbnb?

Thomas
Thomas

Sure! Redeem them for cash and then use the case for hotels and Airbnb

Monica
Monica

Oh so it doesn’t work like Arrival Plus card where you make a purchase first then apply the credit. If I cash the points, do I need to pay tax on it? Thanks so much.

G
G

I don’t see the 50,000 point bonus mentioned in the picture that you attached. It states:

Receive 2,500 bonus rewards points on your first card transaction
Receive 10,000 bonus rewards points if you spend $3,000 in the first 90 days

No mention of any 50,000 point bonus. Am I missing something?

Jags
Jags

So what can we click that they can’t verify so we can join and apply?

G
G

Disregard my comment. The 50,000 point bonus is mentioned here:
https://www.americaschristiancu.com/home/promotion.html
Doc, can you put a direct link? Thanks

Rob
Rob

Only want to point out that the photo/screenshot on this post doesn’t match the terms in the offer (doesn’t mention the 50,000 point bonus after $3,000 purchase within 90 days). I checked out the website, however, and the written offer looks correct.

Sara
Sara

Wow.. i might actually qualify i went to a church on this list in the past for many years.. as well as a church camp at one of the colleges LOL, hoping that counts. 😉

Ferris
Ferris

Just an FYI, they do verify so it may be near impossible to skirt the system.

Max
Max

I mean, they’re Christians, verification isn’t their thing, whatever they’re attempting is probably not hard to skirt.

Sara
Sara

How would they verify by contacting the church specifically? What if I dont fill out the contact us card at church but still attend? I guess thats not enough.

Ann
Ann

Maybe they accept anybody willing to mark a checkbox as described in this comment on the previous DoC post: https://www.doctorofcredit.com/americas-christian-credit-union-4-apy-one-year-cd-balances-4000-must-christian/#comment-567486

“It let you seem like you qualify from almost any denomination with the giant dropdown list, but then at the very end you had to check a box that you agreed with a lengthy faith statement that is pretty specific to their denomination.”

Another comment there mentioned having to send in a list of churches they said they’ve attended, and despite only claiming to attend once every two months, apparently that was enough? Sounds like this credit union doesn’t require a statement from the pastor, unlike another similar credit union.

Michael
Michael

Fyi the salvation army is on there. I’ve done some volunteer work there before so I suppose that’s good enough for membership. I assume a lot of people could meet their criteria through that way.

Cody
Cody

Still would need to agree to their statement of faith though.

Information Booth
Information Booth

Well… I’m related to the founder of the Salvation Army… General William Booth. Do you think a genetic test would work for me?😉

Trumpie
Trumpie

I would never become a Christian but would do anything to get the bonus $$$… hahaha

Thom
Thom

user name checks out

Stephen
Stephen

I can’t find the offer that clearly shows the 50k offer. Any links?

Cameron
Cameron

Shouldn’t this be in the credit card category?

Cody
Cody

For what it’s worth, the CU doesn’t strictly serve the Wesleyan Church. There is list on there website at the “Full details here” link that indicates which denominations and churches that it serves within Christianity.

Ann
Ann

Yeah, it has a long list of Christian varieties, including “Catholics”. (Someone on Reddit thought that wasn’t on the list..?)

millionairenextdoor
millionairenextdoor

The comment section is gold.

Jetsfan
Jetsfan

Sticking to the practical, do I need to open a checking account to apply for the credit card? Any data points on approvals for the card or 5/24 like conditions? Thanks all.

Ann
Ann

With most credit unions, to be considered a member, you are required to open a ‘base share’ savings account with a $5 minimum balance. I would expect that to be required to get a credit union’s credit card, but a checking account there to be optional.

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