For anyone comparing good credit cards, the Nu Credit Card combines unlimited 1.5% cashback on every purchase with a $0 annual fee and simple redemption.
This credit card with travel benefits also includes Mastercard World Elite perks, no foreign transaction fees and instant card controls through the Nu app.
Is the Nu Credit Card a good card?
As a credit card for cash back, the Nu Credit Card keeps rewards simple. You earn unlimited 1.5% cashback automatically, with no categories to activate and no spending caps.
Among good credit cards to apply for, Nu also stands out with a premium metal card, virtual cards, 24/7 multilingual support and credit card services provided by Lead Bank, Member FDIC.
Pros and cons of the Nu Credit Card
Before choosing this credit card, it is important to weigh the pros and cons:
Pros
- Unlimited cashback: earn 1.5% cashback automatically on every purchase, with no rotating categories or spending caps
- No annual or foreign transaction fees: the card charges $0 annual fee and $0 foreign transaction fees
- Premium card benefits: access Mastercard World Elite travel, dining, shopping, concierge and exclusive experience benefits
Cons
- 2% cashback is not available yet: the boosted rate is coming soon and requires at least $3,000 per month in direct deposit to a Nu Account
- Approval is not guaranteed: the Nu Credit Card is subject to credit approval
How to apply for your Nu Credit Card
If you are ready to apply for a credit card, Nu is inviting customers to sign up and be among the first to receive its limited edition metal cards.
The digital credit card application is designed for speed. Nu says customers can be ready to spend and earn in under five minutes, subject to credit approval.