- Get big cash back on your restaurant and gas purchases
- Get a decent sign-up bonus up front
- Give a little bit back with every swipe - Chase donates $0.10 for every purchase at a restaurant to help end world hunger
- You don't need to be a member of AARP to benefit from the best rewards credit cards
- It's the perfect fit for an avid foodie
- There's no annual fee
- The card's sign-up bonus is low compared to competitors
- The base rewards rate is unimpressive
The AAPR® Credit Card from Chase is a top cash back credit card. You don’t have to be an AARP member, or even eligible, to get the AARP® Credit Card, which offers 3% cash back in the popular restaurant and gas station categories and 1% everywhere else with no annual fee.
If you want cash back where you shop most, this card may be a great choice. Let’s take a deeper look at how this card works, the benefits, the costs, and if it belongs in your wallet.
AARP® Credit Card review
Among cash back credit cards, the AARP® card from Chase ranks among the best. With no annual fee, you can earn above-average cash back in the popular restaurant and gas station categories without any costs.
You’ll be off to a great start with $100 bonus cash back after making $500 in purchases in the first three months you have the card.
If you pay the card off in full each month, like all credit cards, you don’t have to pay any interest charges. When coupled with no annual fees, you can use this card for free when used responsibly. There are fees for less common activity like cash advances, balance transfers, and foreign transactions.
Some cards offer a bit more, such as Chase Freedom’s 5% cash back, but that is on rotating categories and limits apply. Plus, you have to keep up with where to use the card to get the better cash back.
With the AAPR® credit card, you know you can always use it for gas and restaurant purchases with the best rewards level. You always get 1% everywhere else.
AARP® Credit Card rewards and perks
This card offers a simple and straightforward cash back rewards program. You earn 3% cash back for all purchases at qualifying gas stations and restaurants and 1% cash back everywhere else.
You also start out with a nice $100 bonus if you spend $500 within the first three statement cycles of opening a new account.
If you spend $5,000 per year in the two bonus categories, that is $150 cash back. There is no limit to how much you earn.
You can redeem cash back as a statement credit or direct deposit into a checking or savings account. With a statement credit, you can instantly lower your credit card bill and don’t have anything else to worry about. That is the easiest way to redeem cash back rewards.
Or, send to your checking or savings to save, invest, or treat yourself to anything you want!
AARP® Credit Card credit card benefits
This credit card comes with valuable Chase benefits for purchases. If you use the card for the full purchase, you get some big perks should anything go wrong.
The card includes purchase protection and extended warranty protection. If anything happens to a new purchase within 120 days or a defect is found up to a year past the expiration of the manufacturer's warranty, this card has your cost covered.
AARP® Credit Card costs and fees
This credit card is among the lowest cost for fees. There is no annual fee for this card.
If you use the card for a balance transfer, you’ll pay 3% with a $5 minimum per transfer. Cash advances cost 5% with a $10 minimum per occurrence. When using the card outside of the United States, you will pay a 3% foreign transaction fee.
Late payments and returned payments cost of up to $35 per occurrence. There is no fee for going over your credit limit or a returned check.
The card charges 17.99% to 24.74% variable rate APR for purchases and balance transfers based on your credit history. Cash advances incur a higher 26.74% variable APR. These rates can change at any time based on market interest rates.
Does the AARP® Credit Card make sense for me?
If you want a simple, easy-to-use cash back credit card with a competitive bonus cash back rate on restaurants and gas station purchases, the AARP® Credit Card from Chase is an excellent option.
With no annual fee and no complicated rotating bonus categories, you can use the card for daily purchases and watch your rewards add up fast. That’s something any credit card user can enjoy.
Application Process: Online, through Chase; you'll get a response within 60 seconds.
Rewards: Earn 3% cash back at participating restaurants and gas stations. Other qualifying purchases result in 1% cash back.
Bonus Offers: Earn $100 bonus cash back after you spend $500 in the first three months.
APR: 17.99% - 24.74% variable.
Annual fee: None.
- 3% cash back at restaurants and gas stations
- 1% cash back everywhere else
- For every purchase you make at restaurants with your AARP Credit Card from Chase, $0.10 will be donated to AARP Foundation in support of Drive To End Hunger, up to $1.0 Million in 2018
- Get your cash as a direct deposit to a checking or savings account or a statement credit to your AARP Credit Card from Chase account – whichever is the most convenient for you
- No annual fee