Sharonview Federal Credit Union offers the Visa signature card, let’s take a look at in this quick review.
Card Basics
- Sign up bonus of 27,000 points (worth $200) after $1,000 in spend within the first 60 days
- Card earns 2x points per $1 spent
- No annual fee
How Much Are Points Worth
Sharonview uses dreampoints rewards, you can redeem for gift cards and cash back at the following rates:
- 3,500 points = $25 (gift cards only)
- 7,000 points = $50
- 14,000 points = $100
- 27,000 points = $200
Eligibility
During sign up you need to select a branch location, not sure how near a branch you need to live but they have branches in NC, NJ, SC.
Our Verdict
If you spend $1,000 then you’ll end up with 29,000 points, that’s enough for a $200 cash redemption and you’ll have 2,000 points left over. I can’t really find anything useful to do with those remaining points. The card itself isn’t worth keeping and using long term due to the fact that other cards earn 2% cash back on all purchases (this earns under that rate and is much more restrictive). The sign up bonus itself isn’t that bad as far as cash sign up bonuses go, but it’s far from being anything amazing. Still this could be an interesting option for somebody that values cash sign up bonuses and has already done the bigger offers from the major credit card issuers. For a full list of all the sign up bonuses we do recommend, click here.
Hat tip to reader Stan
