It’s fun to check out local credit union since every now and then you get a surprise. I thought I’d heard of all the 2% credit cards out there, but I just found this one offered by Carolinas Telco Federal Credit Union. There’s an online application right here but you have to already be a member.
It’s got no annual fee as well, and the rebate pays out automatically on a quarterly basis–no minimum redemption requirements, which is a nice touch. I won’t be getting this since I’m already getting more than 2% on all purchases but it’s good to have a plan B, plan C, plan D, and so forth given how quickly deals have been dying lately.
Note that membership in Carolinas Telco is limited to:
Employees, independent contractors, or self-employed persons, who work regularly in the Telecommunications Services Industry in North Carolina or South Carolina, meaning they work for:
- Telephone companies
- Wireless companies
- Internet service providers
- Telephone company support and service providers, for example, equipment installation, maintenance or repair providers
- Retirees of the telecommunications industry
- Plus, immediate family and households of current members.
I joined the credit union just because I was eligible and because things have been a little slow in the points and miles world lately so I wanted to try something new. Obviously most of you won’t be eligible but if you want to find things you are eligible for you can look up local credit unions here and here (I get slightly different results with the two tools). Happy hunting!