The Bank Of The West Cash Back World Credit Card can be an excellent card for those who are after generous cashback offers. With a solid 3% cash back on groceries, fuel, and dining, cardholders can easily earn while building credit.
The best thing about this credit card is that there is no annual fee and low APR on purchases. This is perfect if you have big expenses and usually carry a balance. Moreover, this credit card also has a long zero-interest period, helping you save money on charges. However, this card isn’t perfect for all types of cardholders.
This article will help you explore what’s in store for cardholders of this credit card. Learn more about the requirements, application process, the good, and even the bad of using the Bank of the West Cash Back World Credit Card.
Bank of the West Cash Back World Credit Card: The Good
In addition to fraud protection and 24/7 customer service, you can rest assured that you won’t be slammed with hundreds of dollars in fees each year. The highlight of this card is the low APR on purchases for up to the first six months of card membership. In addition, this card also has no annual fee, allowing you to enjoy all the perks without the costly expenses.
If you are spending more on groceries, fuel, and dining, you can enjoy cashback rewards of up to 3% for every transaction, guaranteed. The cashback is automatically credited to your account as a statement credit.
In addition to a low-interest rate and no annual fees, cardholders can also enjoy concierge and travel services. Because this card is powered by Mastercard, you can get help arranging tickets, reservations for events, and you can get travel information.
Bank of the West Cash Back World Credit Card: The Bad
Although this card comes with some great perks, there are still conditions to remember. Although, as mentioned, this card can assist you with travel plans, it is not a good card to use while traveling abroad. A weakness of the Bank of the West Cash Back World Credit Card is the 3% transaction fee for using the card outside the United States or even on foreign websites. This can make shopping and dining abroad expensive.
In addition, after the promotional period, the interest rates on this card rise from anywhere to 17.74% to 24.74%. In addition, the promotional period is relatively short compared to the multi-year offers available on other cards.
Lastly, unlike other cashback programs, rewards can not be redeemed for travel, shopping, or even cash itself. With the Bank of the West Cash Back World Credit Card, your cashback rewards are only applied as credits to your statements.
Are You Eligible for the Bank of the West Cash Back World Credit Card?
To qualify as a cardholder of the Bank of the West Cash Back World Credit Card, you need to be at least 18 years old, employed, and a US resident. In addition, you must have a good credit rating to avoid higher interest rates and a lower credit limit. It is recommended that you have a credit score of at least 670 to apply for this card.
The basic requirement for gross income is $10,000 a year. If you are employed, you must be working for the company for a minimum of six months prior to the credit card application.
How You Can Apply Today
To apply for this card, you can visit the Bank of the West website, choose the Cash Back World Credit Card, and click on the Apply Now button. You will be taken to a new page where you can fill in your personal information.
The online application will only take 60 seconds for you to receive a decision. You can also call the bank’s representative if you want to apply through the phone. For the credit card application, you can call 1-866-269-2327. The bank’s main address is at 180 Montgomery Street, San Francisco, California, United States.
Important Details: Interest, APR & Charges
- Annual Fee – $0
- APR – 17.99% to 24.99% (after 0% intro for 6 months)
- Balance Transfer – $10 or 4% per transaction
- Cash Advance – $10 or 4% per transaction
- Foreign Transaction Fee – 3% of the U.S. dollar per transaction
- Late Payment Fee – Up to $38
- Returned Payment Fee – Up to $38
Don’t think this is the card for you?
If you do not think you are the proper fit for this credit card, don’t worry! There are many options available to you. Perhaps you travel a lot and the 3% foreign conversion fee isn’t right for you. In any case, check out some other great credit cards.
Conclusion
The Bank of the West Cash Back World Credit Card is perfect for individuals who spend more on groceries, fuel, and dining because of the 3% cashback perk. This card is a solid addition to your wallet if you want to save on annual fees and interest on purchases.
Disclaimer: All credit products carry risk. Be aware of these risks by reading the associated terms and conditions.