The Real Life Rewards Credit Card by Fifth Third Bank includes many of the basic benefits that you receive with credit cards as well as a few different rewards that are not so standard. Let’s uncover who this card is for.
Fees
The Real Life Rewards credit card has no annual fee and a 0% introductory APR for the first 12 twelve billing cycles on purchases and balance transfers. Then the APR can be as low as 12.99%.
Real Life Rewards
The rewards program is of course intended to reflect rewards for real life purchases; things that everyone spends money on. With the Real Life Rewards program you earn double points for each $1 spent on gas, grocery store and discount store purchases and one point for each dollar spent on everything else.
There is no cap on the rewards you can earn, and cardholders also have the option of combining points, Cardholders with other Fifth Third cards and businesses and families with multiple cardholders can also combine their points for rewards.
Redeeming Real Life Rewards
Real Life Rewards points can be redeemed in a number of ways. You can use your points to pay down a Fifth Third Bank Loan or if you choose, you can redeem them for the Goal Setter Savings program or the 529 Savings Account. If you choose ever of these two options, you receive a 10% bonus. Otherwise, you can redeem your rewards points for airline tickets, hotel and car rental gift cards or MasterCard gift cards, which are the same as cash, for restaurants and retailers.
Conclusion of Credit Card Detectives
Although at first glance, the Fifth Third Real Life Rewards credit card may seem like a pretty standard credit card. Without the rewards program though, many cardholders will probably want to take advantage of a no annual fee 0% introductory APR on everything, balance transfers and purchases for 12 months. This is not as typical with most credit cards.
Regarding the Rewards Program, you do earn double points on purchases that most of make us make daily (like gas and groceries) which could rack up quite a few reward cards. This isn’t counting that you still earn on all of the other purchases as well. All in all, the Fifth Third Real Life Rewards Program is a great card to try out and could essentially save cardholders a large chunk of money.