Barclays is teaming up with AARP to launch two new credit cards for AARP members. The new products provide members with rewards on every purchase and are now live to apply for. Here are all the details of the launch of the new AARP credit cards from Barclays:
Barclays Launches Two New AARP Credit Cards
The partnership between AARP and Barclays was first announced in October of 2020. The British-based bank took over AARP’s card operations from Chase, which formerly issued the AARP® Credit Card. That card is no longer accepting new applicants.
The Barclays-AARP partnership is now live, with two new rewards credit cards for AARP members: the AARP® Essential Rewards Mastercard® and the AARP® Travel Rewards Mastercard® from Barclays.
About the New AARP Rewards Mastercards from Barclays
The AARP® Essential Rewards Mastercard® from Barclays is a cash back card that earns enhanced rewards in specific categories with no annual fee. The card earns an unlimited 3% back on gas station and drugstore purchases (excluding box stores like Walmart and Target), plus 2% back on medical expenses. All other purchases earn 1% cash back.
The Essential Rewards card is the only credit card on the market to provide cash back on medical expenses. The CareCredit Mastercard offers points on select purchases, but only within the CareCredit Network. The Barclays AARP Essentials Card offers much wider value for seniors with nearly every medical practitioner or service.
The AARP® Travel Rewards Mastercard® from Barclays is a travel rewards credit card that also charges no annual fee. The card earns a similar rewards rate to the Essential Rewards card, with cardholders earning 3% cash back on airfare, hotel stays, and car rentals. Restaurant purchases earn 2% back, and all other eligible purchases earn 1% back.
Both cards also feature two unique AARP charitable contributions. Barclays donates $10 to the AARP Foundation for every new account, plus 1% of eligible purchases.
“Valuable Cash Back and Travel Reward Benefits”
Barclays hailed the partnership with AARP and the value of the new credit cards in a statement coinciding with the launch. “With these new credit cards for AARP members from Barclays, we are offering a suite of products designed to help Americans live life to its fullest, offering valuable cash back and exciting travel reward benefits, while also helping those facing social isolation become active members of their community,” said Nichelle Evans, managing director of travel and affinity programs at Barclays, in a statement.
About AARP
AARP is a leading U.S.-based interest group that focuses on issues affecting individuals over the age of fifty. The group’s two publications – a magazine and bulletin – are the two largest-circulation publications in the United States. The group, formerly the American Association of Retired Persons, has over 38 million members.
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