Aspire® Cashback Rewards Card: Up to 3% Cash Back While Building Credit
- Annual fee
- As low as $85
- Recommended credit
- Fair / Poor
- Card network
- Mastercard
- Regular purchase APR
- *See Terms
At a glance
You can earn up to 3% cash back while building credit with The Aspire® Cashback Rewards Credit Card. The card, from the Bank of Missouri, provides unlimited 3% cash back on gas station, grocery store, and utility purchases and 1% back on all other eligible purchases.
Our review of the Aspire® Cashback Rewards Card
The Aspire Cashback Rewards Credit Card is a unique rewards credit card designed for individuals with fair or bad credit. What sets the Aspire Card apart is its ability to provide lucrative rewards without requiring a security deposit or a high credit score.
Who Can Benefit from the Aspire Card?
The Aspire Cashback Rewards Credit Card is ideal for a wide range of individuals, including frequent travelers, shopaholics, and anyone looking to earn cashback on everyday purchases.
Pre-Qualify Before Applying
One of the standout features of the Aspire Card is the option to pre-qualify before submitting an application. Aspire offers an online pre-qualification process for credit limits up to $1,000 without impacting your credit score.
Earn 3% Cash Back
Cardholders can earn 3% cash back on select purchases, including gas, groceries, and utility bill payments. All other purchases with the card earn an unlimited 1% cash back. Rewards are automatically applied as statement credits.
Generous Starting Credit Limit
The Aspire Card provides a generous starting credit limit, with the potential for increases over time. By making on-time payments and using credit responsibly, cardholders may qualify for higher credit limits.
Build Credit with Responsible Use
In addition to cash back rewards, the Aspire Mastercard serves as a credit repair tool to boost your score. By monitoring spending, trimming expenses, and paying bills on time, cardholders can improve their credit history.
Mastercard Benefits
Cardholders enjoy additional features such as EMV chip technology for added security, contactless payments with Apple Pay, Samsung Pay, and Google Pay, and access to the Aspire mobile app for account management.
What We Like About the Aspire Card
The Aspire Card stands out for its generous rewards program and pre-qualification process, making it a valuable option for those looking to improve their credit profile.
Things to Consider
One factor to keep in mind is the high annual fee associated with the Aspire Cashback Rewards Credit Card. If the fee outweighs the cashback rewards earned, it may not be the best choice for some individuals.
Should You Apply for the Aspire Card?
Overall, the Aspire Cashback Rewards Credit Card offers great value for individuals seeking to strengthen their credit while enjoying a robust rewards program. Despite the annual fee, the benefits of the card, including pre-qualification and simple cash back rewards, make it a solid choice for those looking to establish positive credit history.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- Earn a 3% Cash Back Reward on Gas, Groceries and Utilities‡
- Earn a 1% Cash Back Reward on all other eligible purchases‡
- Up to $1,000 credit limit subject to credit approval*
- Pre-qualify without affecting your credit score
- No security deposit
- Good anywhere Mastercard® is accepted
- Free access to your credit score †
- $0 fraud liability**
- *Pre-qualified means that information in your credit report indicated that you met certain pre-established credit criteria. Final approval is not guaranteed if you do not meet all applicable criteria (including adequate proof of ability to repay). Income verification through access to your bank account information may be required. † Your credit score will be available in your online account 60 days after your account is opened. (Registration required) The free VantageScore 4.0 credit score - provided by TransUnion® is for educational purposes only and may not be used by The Bank of Missouri (the issuer of this card) or other creditors to make credit decisions.
- ‡You will earn a 3% cash back reward on eligible gas, grocery, and utility purchases/payments and you will earn a 1% cash back reward on all other eligible purchases, which are for goods and services minus returns and other credits. Rewards will be earned when the transaction posts to your account and will remain as long as the purchase is not returned. Purchases do not include fees or interest charges, balance transfers, cash advances, or purchases of other cash equivalents. Rewards are not earned for pending transactions
- **Fraud liability subject to Mastercard® rules
Who this card may suit
- You want to build credit while spending on monthly utilities and purchases
- You want quick pre-qualification to know if you can be approved
- You plan to pay your balance in full every month
- You prefer unsecured credit to a security deposit requirement
Rates, fees and terms
| Annual Fee | As low as $85 |
|---|---|
| Regular Purchase APR | *See Terms |
| Balance Transfer APR | *See Terms |
| Balance Transfer Transaction Fee | 3% of the amount of each transfer |
| Cash Advance APR | *See Terms |
| Cash Advance Transaction Fee | Either $5 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction Fee | 3% of each transaction amount in U.S. dollars |
| Late Payment Penalty Fee | Up to $40 |
| Return Payment Penalty Fee | Up to $40 |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Fair Credit Poor Credit.
Similar cards
Chase Freedom Unlimited®
- INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth…
- Enjoy 6.5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards…
- Annual fee
- None
- Recommended credit
- Excellent / Good
- Intro APR
- 0% for 15 months from account opening date
Discover it® Chrome Gas & Restaurants
- 2% cash back at gas stations and restaurants on up to $1,000 per quarter
- 1% cash back on all other purchases
- Annual fee
- None
- Recommended credit
- Excellent / Good
- Intro APR
- 0% for 15 months from date of account opening
Blue Cash Preferred® Card from American Express
- Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
- $0 intro annual fee for the first year, then $95.
- Annual fee
- $0 for the first year. Then $95
- Recommended credit
- Excellent / Good
- Intro APR
- 0% for 12 months from account opening date