First Tech Federal Credit Union offers the Odyssey Rewards World Elite Mastercard. Let’s take a look at that card in this review.
Card Basics
- Sign up bonus of 30,000 points after $3,000 in spend within the first three months
- Card earns at the following rates:
- 3x on travel
- 2x on dining
- 1x on all other purchases
- Annual fee of $75 is waived first year
- Chip & PIN
- 0% Introductory APY on balance transfers for 12 months (no balance transfer fees)
- 0% cash advance fee
- No foreign transactionf ees
- APR starting at 11.74%
How Much Are Points Worth?
Whenever a card earns points I immediately want to know how much they are worth. According to this they can be redeemed at a rate of 100 points = $1 for travel, merchandise, gift cards and more. The same page mentions statement credit but it’s unclear if it’s at the same rate or not. According to the comments it seems like statement credit might not be an option and a $50 Amazon gift card costs 6,200/6,400 points.
Who’s Eligible?
As far as I know First Tech FCU doesn’t have any eligibility requirements and everybody should be eligible.
Our Verdict
Card is really only worth considering for the sign up bonus and maybe the 3x on travel spend (you can earn at high rates on restaurants and all other purchases with other cards). A sign up bonus worth $300 with no annual fee the first year is actually pretty good, fingers crossed they don’t have strict approval requirements and that points can be redeemed for statement credit.Share your experiences in the comments below.
Hat tip to reader Mark O
