Hudson Valley Credit Union: Visa Signature $312.50 with $3,000 Spend and 3.75% Cash Back

New customers are limited to Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Ulster, and Westchester Counties in New York.

Offer Link

Details

  1. 25,000 bonus points after spending $3,000 within the first three months.
  2. No annual fee.
  3. 2 points per dollar on all purchases.
  4. No foreign transaction fees.
  5. 25,000 points annual bonus after spending $25,000.00 – $49,999.99 in a year, and an additional 25,000 points after spending $50,000.00 or more in a year.
  6. Each point is worth 0.6 cents when redeemed for a statement credit or 1.25 cents when redeemed for a Stockpile.com gift card (starting at 2,000 points for a $25 gift card).

 

Opinion

The HVCU Visa Signature’s sign-up bonus isn’t very good, but the 25% bonus for redeeming Stockpile.com gift cards is absolutely nuts. If you spend exactly $50,000 in your first year, you’ll earn 175,000 points (25,000 sign-up bonus, 100,000 from 2x points per dollar, and 50,000 annual bonus), which is worth ~$2,187.50 in Stockpile.com gift cards. You’ll then earn $1,875.00 in Stockpile.com gift cards every year thereafter, assuming Stockpile.com remains solvent.

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