If you resolved to read more books in 2014, a different kind of rewards credit card could help you keep your resolution.
The Barnes & Noble MasterCard from Barclays gives readers reward points for making purchases at the popular bookstore chain, as well as offering a sign-on bonus with the first purchase. The no-annual-fee credit card rewards customers with a $25 Barnes & Noble gift card when they use the card for the first time, no matter how much the purchase is for.
The card can be used anywhere that MasterCard is accepted as a valid form of payment, so it’s not just good when folks are shopping for the latest bestseller. All purchases, whether for gas, groceries or anything else, earn one reward point per dollar. Buying anything from Barnes & Noble carries an extra incentive: purchases in-store or at www.bn.com get 5% back as a statement credit.
Points can be redeemed for Barnes & Noble gift cards. Each time a cardholder’s reward point balance reaches 2,500 points they are eligible for a $25 gift card. The card is sent automatically, so there’s no need to remember to redeem the reward points.
Besides books, Barnes & Noble carries a wide selection of magazines, stationery, gift items, toys and games.
Terms and conditions
The Barnes & Noble MasterCard from Barclays has no annual fee. There is a balance transfer offer; contact customer service for specifics as to duration and terms of the balance transfer offer. The balance transfer fee is 4% or $10, whichever is more.
The standard APR on purchases varies from 13.99% to 24.99% depending on individual customers’ creditworthiness. The cash advance APR is 25.24%.
A different kind of rewards card
Many types of reward credit cards have flexible redemption options; points can be used for travel, gift cards, merchandise, cash back or hotel stays. But this card lets book-lovers get rewards for reading, with no head scratching over what the best redemption offer is, or what offers the most value.