Barclays
Upromise® World Mastercard®
Key Features
| Annual Fee | $0.00 |
| Intro APR | 0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening. |
| Regular APR | Purchases – 18.49% to 29.49%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. After that, (and for balance transfers that do not post to your account within 45 days of account opening) your APR will be 18.49% to 29.49%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. APR for cash advances 29.74%. This APR will vary with the market based on the Prime Rate. |
| Other Fees | Balance transfer fee Either $5 or 5% of the amount of each transfer, whichever is greater. The minimum monthly interest charge will be $0.50. Balance transfer fee: 5% (min. $5). Cash advance fee: 5% (min. $10). Foreign transaction fee: 0%. |
| Network | Mastercard |
About this card
The Upromise World Mastercard earns an overall rating of 2.6 out of 5.0. While it offers some compelling features, such as no annual fee, an intro APR period, a sign-up bonus, and no foreign transaction fees, its high regular APR, balance transfer fee, and limited rewards categories significantly detract from its value. The rewards program is relatively weak, with a standard 1.25% cash back (1.529% with college savings plan link), which is less competitive than other cards. Additionally, the card's reputation is negatively impacted by poor customer service reviews for Barclays. This card is best suited for individuals specifically targeting college savings who are willing to overlook the subpar rewards rate and potential service issues. Its value proposition is niche, limiting its appeal to a broader audience.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Sign-up bonus available
- No foreign transaction fees
- Cashback on purchases
Things to consider
- High regular APR
- Balance transfer fee
- Limited rewards categories
What this card offers
Sign-up bonuses
- Earn $100 Bonus Cash Back Rewards after spending $500 on purchases in the first 90 days
Rewards
- Earn 1.529% cash back rewards on your purchases when your Upromise Program account is linked to an eligible College Savings Plan.
- Earn 1.25% bonus cash back rewards on your purchases if your Upromise Program account is not linked to a College Savings Plan.
- Get up to $250 in cash back rewards per calendar year on eligible gift card purchases at MyGiftCardsPlus, powered by Upromise.
Other features
- No foreign transaction fees on international purchases.
- $0 Fraud Liability protection means you're not responsible for charges you did not authorize.
- Free online access to your FICO® Credit Score lets you keep an eye on your credit score and get email alerts when we learn that your score has changed.
- Upromise Round Up lets you round up your purchases to the nearest dollar, based on the limit you set (from $1 to $500). The total Round Up Amount is considered a purchase and converted to cash back rewards.
- 0% introductory APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR will apply, 18.49% to 29.49%, based on your creditworthiness and other factors. There is a fee for balance transfers.
Additional Notes
The Upromise World Mastercard is issued by Barclays Bank Delaware pursuant to a license from Mastercard International Incorporated.