HomeFinanceABOC Moves Credit Card Accounts to TCM Bank, Slashes Rewards Rate

ABOC Moves Credit Card Accounts to TCM Bank, Slashes Rewards Rate

While this transformation was within the works, ABOC closed its playing cards to new candidates.

Current cardholders can proceed to use the playing cards they already carry, however notable adjustments went into impact as of Aug. 27, 2021:

  • The greatest change: No extra rotating 5X rewards classes. Going ahead, your card will earn 1 level per $1 on all purchases. Previously, you may earn 5 factors per $1 on up to $1,500 in mixed quarterly spending on bonus classes that rotated each three months.

  • A brand new rewards redemption platform. ABOC’s former rewards program will transfer to cRewards, the place you possibly can redeem factors for journey, present playing cards, merchandise and extra.

  • Discounts at particular retailers. Cardholders will probably be in a position to get reductions within the type of assertion credit for utilizing their card at taking part retailers listed on the cRewards web site.

  • Cell telephone safety profit. This is valued at up to $200 per declare, on up to $400 per 12-month interval. There is a $50 deductible.

What’s staying the identical

Card account numbers is not going to change. Your present rewards stability will mechanically switch to cRewards, and your cost due date will stay unchanged. If you may have questions on your account, you possibly can proceed to name the quantity on the again of your ABOC card. You may also name 1-800-365-6464 if in case you have questions concerning the transition to TCM Bank.

If you may have an ABOC bank card, regulate your mailbox (in addition to aboc.com) for extra details about these adjustments.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments