Stumbled across this today. It's a Mastercard offered by the financial platform Greenlight (an investment platform focused on family and kids). The card is not available yet, but there is a waitlist. You can move yourself up on the waitlist if someone else joins the waitlist using a link you provide them (cheesy, if you ask me). First 1,000 people to get the card get a $100 bonus. It's a 1%, 2%, or 3% Cash Back on everything card based on monthly spend. Earn 3% when you spend $4,000+ monthly Earn 2% when you spend $1,000 - $3,999 monthly Earn 1% when you spend <$1,000 monthly Everyday 3% CB is, of course, the holy grail for many of us CB seekers. But, ouch, $4,000+/mo is a lot of spend. I don't think I ever top $3,000 on my AOD. This card would have little appeal for those that would only meet the 1% or 2% CB spending levels. And, if I understand correctly, I think you need to be a subscriber to one of their investment plans ranging form $5/mo to $10/mo to apply for the card. I love to see a 3% card and maybe this card is right for some but I will have to skip this one. https://greenlight.com/credit/family-cash-card
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Greenlight credit MC, up to 3% CB

1 of 3
2 years ago
Thu May 19, 2022 7:02 pm
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ptatohed
Seasoned Rebel
Stumbled across this today. It's a Mastercard offered by the financial platform Greenlight (an investment platform focused on family and kids). The card is not available yet, but there is a waitlist. You can move yourself up on the waitlist if someone else joins the waitlist using a link you provide them (cheesy, if you ask me). First 1,000 people to get the card get a $100 bonus. It's a 1%, 2%, or 3% Cash Back on everything card based on monthly spend. Earn 3% when you spend $4,000+ monthly Earn 2% when you spend $1,000 - $3,999 monthly Earn 1% when you spend <$1,000 monthly Everyday 3% CB is, of course, the holy grail for many of us CB seekers. But, ouch, $4,000+/mo is a lot of spend. I don't think I ever top $3,000 on my AOD. This card would have little appeal for those that would only meet the 1% or 2% CB spending levels. And, if I understand correctly, I think you need to be a subscriber to one of their investment plans ranging form $5/mo to $10/mo to apply for the card. I love to see a 3% card and maybe this card is right for some but I will have to skip this one. https://greenlight.com/credit/family-cash-card
ptatohed
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Re: Greenlight credit MC, up to 3% CB

2 of 3
2 years ago
Thu May 19, 2022 8:06 pm
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BrutalBodyShots
Senior AdministratorGoodwill Saturation Technique Author
BrutalBodyShots has been gardening for over 2 years.
BrutalBodyShots has achieved the Garden Goal !!
Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 24 days, 13 hours, and 15 minutes Next Level in6 days, 10 hours, and 45 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 24 days, 13 hours, and 15 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 24 days, 13 hours, and 15 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 24 days, 13 hours, and 15 minutes ago
Good info, but as you suggested with your post it's a bit much in terms of hoop-jumping for my liking.
BrutalBodyShots
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Re: Greenlight credit MC, up to 3% CB

3 of 3
2 years ago
Thu May 19, 2022 8:18 pm
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Saeren
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Recent HP or new account.
Level0 Last INQFriday, August 23, 2024 Gardening For24 days, 13 hours, and 15 minutes Next Level in6 days, 10 hours, and 45 minutes on September 23rd INQ 1yr onSaturday, August 23, 2025 INQ 1yr in11 months, 6 days, 10 hours, and 45 minutes INQ 2yr onSunday, August 23, 2026 INQ 2yr in1 year, 11 months, 6 days, 10 hours, and 45 minutes Goal6 months Goal DateSunday, February 23, 2025 Goal In5 months, 6 days, 10 hours, and 45 minutes
Definitely not sustainable. We have seen this tiered idea before and it doesn't work. They end up attracting the really big spenders and then regretting the money they have to pay out.
Saeren
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  • Score data TU8 799/EX8 786/EQ8 805
    EQ5 770/EX2 757
    8/18/2023
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