If you’re in the market for a new rewards credit card that offers cash back, there are a ton of options to choose from. Getting approved for a cash back rewards credit card can offer a return on your everyday spending and put money back in your pocket.
One option to consider is the Barclaycard CashForward™ World MasterCard®. Read our review on the Barclaycard CashForward World MasterCard rewards credit card and decide if it’s right for you.
Barclaycard CashForward World MasterCard credit card review
The Barclaycard CashForward World MasterCard offers 1.5% cash back on every purchase you make, without any limits. There is no annual fee for the card, which is good news for consumers looking to get money back without paying extra fees. The credit card is chip-based, which offers additional security and protection, reducing the instances of fraud.
For consumers who spend $1,000 within the first 90 days of their account opening, a $200 cash rewards bonus is available. The cash rewards are valid so long as your account is currently in use and up-to-date with payments.
When you want to redeem the cash rewards, you receive a 5% rewards redemption bonus, which can be used for future cash rewards redemptions. In order to redeem your rewards, your redemption amount must be $50 or more.
You can redeem the cash rewards in a number of ways: as a deposit in your bank account, a credit towards your current balance or gift cards available in their portal. One perk is that there is no limit to how many rewards you can accrue using this card.
On top of the cash back, credit card holders can access their free FICO credit score and receive alerts regarding any changes. Credit card holders also have additional protections with $0 Fraud Liability. In other words, if there are unauthorized transactions on your credit card, you will not be responsible for the charges if you report them.
Barclaycard mobile app
The Barclaycard CashForward World MasterCard credit card has a mobile app that makes it convenient to access your account any time. Using the mobile app, you can see your balances, make a payment, set up alerts and more. It is available in the Apple store as well as the Google Play store. The customer reviews for the app on Google Play are positive, with an average of 4.2 stars out of 5.
The mobile app has a “purchase planner” function; users can see an estimate of their monthly payment amount as well as pay-off date. You can also set up travel alerts using the app while you’re on-the-go.
Barclaycard CashForward World MasterCard interest rates
When you’re on the hunt for a new credit card, it’s important to understand all of the interest rates and fees. When used responsibly, credit cards can be a great way to build credit effectively and maximize rewards. However, if you carry a balance on your credit cards or miss a payment the interest rates on your credit card and the fees associated with it become really important.
As part of an introductory promotion for the Barclaycard CashForward World MasterCard, the annual percentage rate (APR) during the first 15 months is 0% for balance transfers within 45 days of opening an account with the credit card issuer. Your APR after the introductory period will vary based on your creditworthiness. If you have good credit, you’ll likely score a lower interest rate. If your credit score is on the lower end, it’s safe to assume your APR will be higher.
Based on your credit, your variable APR on everyday purchases could be:
If you take out a cash advance, your variable APR will be 25.74%.
Barclaycard CashForward World MasterCard fees
If you use the card for a balance transfer, there is a fee of 3% of the transfer amount. Balance transfers are useful for those with credit card debt looking to obtain a lower interest rate and pay off debt. While balance transfers can be useful, it only helps if you take advantage of the promotional period and aggressively pay off debt at a lower interest rate. In other words, a balance transfer won’t help if you end up taking on more debt.
If you take out a cash advance using the credit card, there will be a fee of 5% of the cash advance amount.
For travelers who often travel abroad, it’s important to note this credit card does have foreign transaction fees of 3%.
Lastly, if you make a late payment or have a returned payment there will be a fee of $37.
In order to qualify for the Barclaycard CashForward World MasterCard credit card, you must be at least 18 years old and a U.S. resident. However, Iowa residents and residents from other U.S. territories such as Puerto Rico are ineligible for the offer.
You must have sufficient income and credit to be eligible for the card. Though there are not exact numbers listed on their website, “good credit” is typically defined as having a credit score of 700 or above. In regards to income, credit card issuers want to know that your income can support your monthly payments, and that you can handle the available credit offered to you.
Barclaycard customer service
Customer service can make all the difference when you’re dealing with a dispute, error or problem with your credit card. Barclaycard CashForward World MasterCard credit card holders positively rate the customer service for the card. One thing that helps is that their customer service team is available 24 hours per day, every day, so you can reach someone around the clock if you have questions or concerns. They also have 24/7 MasterCard travel assistance services available.
More about Barclaycard
Fun fact: Barclaycard, the issuers behind the Barclaycard CashForward World MasterCard credit card, has been around since 1966. As they say, they are “50 years young” and currently serve 30 million customers worldwide. The company is known for introducing the very first credit card made available in the U.K.
Barclaycard CashForward World MasterCard contact information
Barclaycard CashForward World MasterCard card holders have a variety of options to get in touch with customer service representatives should any issues arise.
The customer service team is available 24 hours per day, 7 days a week so you can always reach someone.
For general information:
Current credit card holders that want to check on their account information can call:
If you have any complaints, you can call 1-866-225-9725. You may also send something via standard mail to:
P.O. Box 8801
Wilmington, DE 19899-8801
Barclaycard CashForward World MasterCard overview
If you’re thinking of applying for the Barclaycard CashForward World MasterCard credit card, consider these pros and cons:
- Unlimited cash back
- No annual fee
- No expiration on rewards
- Eligible for certain bonuses
- Can access free FICO credit score
- Fraud protection
- Customer service around the clock
- Has foreign transaction fees
- Must earn $50 in order to redeem rewards
- High APR after promotional period
- Cannot be used for other rewards, such as travel
This card is a good option if you’re looking exclusively for cash back rewards and will not carry a balance. If you can pay off your balance within the 15-month promotional period, it could potentially be a good card to use for a balance transfer. If you travel a lot, the foreign transaction fees could add up. Before applying, weigh the pros and cons and decide if it’s a good fit for your financial situation.
Remember that applying for a card will typically require a hard pull on your credit, which could affect your credit score, and your credit limit and approval will all depend on your creditworthiness.
Interested in a personal loan?Here are the top personal loan lenders of 2018!
|Lender||APR Range||Loan Amount|
|1 Includes AutoPay discount. Important Disclosures for SoFi.
2 Includes AutoPay discount. Important Disclosures for Payoff.
3 Important Disclosures for FreedomPlus.
4 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
5 Important Disclosures for LendingPoint.
6 Important Disclosures for LendingClub.
All loans made by WebBank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage & history. The APR ranges from 6.16% to 35.89%. For example, you could receive a loan of $6,000 with an interest rate of 7.99% and a 5.00% origination fee of $300 for an APR of 11.51%. In this example, you will receive $5,700 and will make 36 monthly payments of $187.99. The total amount repayable will be $6,767.64. Your APR will be determined based on your credit at time of application. The origination fee ranges from 1% to 6% and the average origination fee is 5.49% as of Q1 2017. There is no down payment and there is never a prepayment penalty. Closing of your loan is contingent upon your agreement of all the required agreements and disclosures on the www.lendingclub.com website. All loans via LendingClub have a minimum repayment term of 36 months or longer.
7 Important Disclosures for Earnest.
8 Important Disclosures for Avant.
* The actual rate and loan amount that a customer qualifies for may vary based on credit determination and other factors. Funds are generally deposited via ACH for delivery next business day if approved by 4:30pm CT Monday-Friday. Avant branded credit products are issued by WebBank, member FDIC.
** Example: A $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33
* Important Disclosures for Upgrade Bank.
Upgrade Bank Disclosures
** Accept your loan offer and your funds will be sent to your bank via ACH within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes this transaction. From the time of approval, funds should be available within four (4) business days.
|7.73% – 29.99%||$1,000 - $50,000||Visit Upstart|
|6.26% – 14.87%1||$5,000 - $100,000||Visit SoFi|
|6.99% – 35.97%*||$1,000 - $50,000||Visit Upgrade|
|8.00% – 25.00%2||$5,000 - $35,000||Visit Payoff|
|4.99% – 29.99%3||$10,000 - $35,000||Visit FreedomPlus|
|5.99% – 18.99%4||$5,000 - $50,000||Visit Citizens|
|15.49% – 34.49%5||$2,000 - $25,000||Visit LendingPoint|
|6.16% – 35.89%6||$1,000 - $40,000||Visit LendingClub|
|6.99% – 18.24%7||$5,000 - $75,000||Visit Earnest|
|9.95% – 35.99%8||$2,000 - $35,000||Visit Avant|