To say I’m late on this would be an understatement. Earlier this year Barclaycard discontinued the extremely popular Sallie Mae card, application links for that card reverted to the Upromise credit card instead and that card is also no longer available either.
PFdigest received a statement that Barclaycard closed the majority of the application channels for this card on February 15th and all of them February. Existing cardholders are currently not affected, but we saw a similar thing happen with the Sallie Mae card and those cards were eventually closed. This card was interesting due to the earning rates:
- 5% cash back on eligible Online Shopping through Upromise.com (this is in addition to the portal rate)
- 5% cash back on participating Upromise Dining Restaurants
- 5% cash back on eligible purchases from participating travel partners through Upromise.com
- 2% cash back at eligible movie theaters
- 2% cash back at department stores
- 1% cash back on all other purchases
The problem was that the 5% categories had issues tracking probably so you often had to ask them to manually fix it and that’s the last thing you want to be dealing with when it comes to a credit card/portal.
