PSECU or Pennsylvania State Employees Credit Union has been putting some work in the improvement of their ‘Founders Credit Card‘. With this card, you will be getting 1.5% cash back on all purchases with an additional 0.5% cash back on all purchases if you have a relationship checking account with qualifying direct deposits ($500+) with them. These Cash Rewards never expire, you can redeem the rewards or use them as payment and your available credit limit may be up to $30,000, if qualified.
Editor’s Note: Card is only attainable for residents of Pennsylvania, or out-of-state students attending eligible schools in Pennsylvania
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Alternative Credit Card Bonuses:
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PSECU Founders Card Summary:
- Learn More
- Best Feature: 2% Cash-Back
- Annual Fee: None
- Expiration Date: None
- Additional Requirements: Open a checking account with direct deposit $500+
How To Trigger 2X Cash Back:
- Earn 2% Cash Rewards on every purchase*
- Cash Rewards never expire
- Must have qualifying monthly direct deposits totaling at least $500
- Must have a Checking Account
Pros:
- No Annual Fee
Cons:
- Must open a a checking to take advantage of double points
Conclusion:
PSECU’s Founder Card received some updating recently. In which case, you should expect this card to earn you double points cash back, if and only if, you apply for a checking account from them and accomplish the $500 direct deposit requirement. Otherwise, you will be at an 1.5% cash back. We’ve seen quite the selection of cards including the FNBO’s issued Complete Rewards or USAA Limitless 2.5% that had a requirement in order to the maximum potential cash-back. I recommend just getting a Fidelity VISA Signature for a flat 2% cash back and a $100 Sign-up Bonus. Don’t forget to check out our full list of Credit Card Bonuses if you’re not interested at the moment.