The Offer
Direct link to offer (requires last name and invite code)
- Earn 50,000 bonus points after $3,000 in spend within the first 90 days of account opening on the Barclaycard Gold Card.
Card Details
- Annual fee of $995 and $295 for authorized users, not waived first year
- Card aesthetics: 24K-Gold-Plated/Carbon Card
- Points can be redeemed for 2¢ for statement credit or 2¢ for airfare
Our Verdict
This card used to make sense for military members as they were able to get the massive $995 annual fee waived, but Barclaycard has cut benefits for military members and they no longer get the fee waiver. Those that already submitted their documents and are receiving military benefits should continue to receive their benefits, this should include new cards but I just don’t see Barclaycard doing that in this scenario and I haven’t seen datapoints of this being automatically applied.
The $995 annual fee makes this card breakeven after the sign up bonus is accounted for. You’d think a card with an annual fee this high would have some decent benefits, unfortunately you would be wrong. You can read our full review of this card here.
Hat tip to /r/churning
