The Indigo Card has no annual fee and provides rewards as well as cashback on a variety of other transactions. Get a 2% cashback on up to $1,000 in combined restaurant and gas rates per quarter and a 1% discount on all other purchases and online payments when you log in to your IndigoCard account. All of the cash back rewards and offers you earned during your first year as a cardmember, including the doubling of rewards, are factored into your credit ratings and scores. The IndigoCard Mastercard can significantly boost your rewards.
Assume you spent $ 5,000 on the IndigoCard during your first year as a cardholder, $ 1,000 of which was spent at gas stations, restaurants, and supermarkets. Because a deposit at the IndigoCard is required, the OpenSky Secured Visa qualifies for the Petal visa and related benefits much more easily, and the APR for purchases is much lower. The card does, however, have a $ 35 annual fee that is deducted from the credit limit.