General Electric Credit Union: Visa Signature $250 with $2,500 Spend and 2.34% – 2.50% Cash Back

New customers are limited to Indiana, Kentucky, and Ohio. — Check membership eligibility here.

Offer Link

Details

1. 20,000 bonus points after spending $2,500 within the first 90 days.
2. No annual fee.
3. 2 points per dollar on all purchases.
4. No foreign transaction fees.
5. Each point is worth 1.17 cents according to 8Hunnid on MyFico. However, the offer page values 20,000 points at $250, so it’s somewhere in the 1.17 – 1.25 cent range.

Opinion

A 10% cash back sign-up bonus is pretty standard, albeit a little underwhelming given the high spending requirement. However, 2.34% – 2.50% cash back on all purchases is very strong.