Cardless has quietly removed some rewards categories from its credit card offerings. The fintech has also reduced sign-up bonuses to its sports credit card portfolio. Here is what you need to know about the sudden changes to the Cardless credit card lineup:
Cardless Eliminates Some Rewards Categories
The Boston Celtics Credit Card, for example, formerly earned 7X points on Celtics tickets, rideshare services, and streaming services, 4X points on dining, and 2X points on groceries and drug stores. Those rewards have now been streamlined, with many of the lucrative categories removed.
Here is the new rewards structure with the Celtics Mastercard:
- Earn 7X points on Celtics tickets purchased from the Celtics or Ticketmaster
- Earn 3X points at bars and restaurants
- Earn 1X points on everything else
The changes appear to impact Cardless’ sports team credit cards only. For instance, the Manchester United Credit Card has lost the 5X points in both rideshares and streaming services category. In contrast, the freshly-launched LATAM Airlines Mastercard and LATAM Airlines World Elite Mastercard have retained their initial rewards structure.
The quiet removal of bonus categories comes from news that the fintech was teaming up with American Express to issue credit cards. It is unknown if the changes relate to this partnership and if the current Mastercard versions of the Cardless credit card portfolio will switch to the Amex payment network.
Sign-Up Bonuses Also Impacted
Cardless has also significantly reduced the sign-up bonuses with its sports-branded cards. The Celtics Mastercard formerly offered 30,000 points after spending $2,000 in the first three months. That offer is now 5,000 points after spending $500 – a $50 value.
Related Article: The Ultimate Guide to Credit Cards for Groceries & Delivery Services
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