(Update 5/20/14: The card's introductory rewards bonus offer has changed.)
The Barclaycard Rewards MasterCard is an attractive card that comes with no balance transfer fee, a rare feature only seen on one other card on our list -- the Chase Slate card.
What's more, members get 2 points cash back on gas, groceries, and utilities, with 1 point per $1 on all other purchases.
The significant downside to this card is that once the introductory offer passes, consumers are charged a relatively high interest rate, from 14.99% to 19.99%. In short, consumers who apply for this card should be confident that they'll be able to pay off their debt in under 18 months.
Noteworthy card features
- No annual fee
- 0% APR introductory rate on purchases and balance transfers for 18 months
- Regular variable APR of 14.99% to 19.99%*