Visa Signature Credit Card Rewards | Alliant Credit Union

Now it’s faster and easier to earn 2.5% Cashback Tier One Rewards

Alliant Visa Signature Credit Card

Earn 2.5% on your first $10,000 of monthly spending with your Alliant Cashback Visa Signature card

We listened to your feedback on the Alliant Visa Signature Cashback credit card requirements, and we’ve made changes to make it even easier to earn Tier One Rewards.2

What’s staying the same

  • No annual fee and no foreign transaction fees
  • Unlimited cashback on all qualifying eligible purchases1 with no tricky categories to track
  • Earn 2.5% cash back on the first $10,000 of qualifying purchases per monthly billing cycle and then 1.5% unlimited cashback on all other qualifying purchases when you attain Tier One Rewards status (see below)
  • Earn 1.5% unlimited cash back on all your qualifying purchases if you do not attain Tier One Rewards status

What’s changing in October

  • Instead of needing to meet the requirements for Tier One Rewards in all three months of a quarter, you’ll now qualify on a monthly basis.* It’s simpler and easier! Tier One Rewards qualification is applied to each monthly billing cycle, based on your Alliant High-Rate Checking qualification met during the preceding calendar month. And that also means if you miss qualifying one month, you’ll earn Tier Two Rewards only for the next monthly billing cycle, not the whole next quarter.
  • We’re adding indicators in Alliant online and mobile banking that will display which rewards tier you’re in for each monthly billing cycle so it’ll be even easier to keep track of your cashback.

*During this transition from quarterly to monthly qualifying, if you’ve already qualified for Tier One Rewards for Q4 2022 (October, November and December) by meeting the qualifications in Q3 2022 (July, August and September), you’ll continue to earn Tier One Rewards through all of Q4.

Read and download the new Alliant Cashback Visa Signature Card Program Terms & Conditions

Alliant Visa Signature Tiered Rewards Program

Tier One Rewards

  • 2.5% cash back on the first $10,000 of qualifying eligible purchases per billing cycle
  • Unlimited 1.5% cash back on all other qualifying eligible purchases
  • No annual fee

Tier Two Rewards

  • Unlimited 1.5% cash back on all qualifying eligible purchases
  • No annual fee

Tier One Rewards cash back example:

Spend $15,000 per month: Earn $3,900 cash back per year
$10,000 x 2.5% + $5,000 x 1.5% = $325
$325 x 12 months = $3,900

Tier Two Rewards cash back example:

Spend $15,000 per month: Earn $2,700 cash back per year
$15,000 x 1.5% = $225
$225 x 12 months = $2,700

Plus, your Alliant Visa Signature card comes with tons of other great perks, such as no foreign transaction fees, $0 fraud liability guarantee,3 emergency card replacement and much more.

Earning Tier One Rewards

  • Tier One Rewards qualification is applied to each billing cycle, based on meeting the Alliant High-Rate Checking qualifications listed below during the preceding calendar month. If you haven't yet opened a checking account, you can open one today in Alliant online banking.
  • Primary cardholder must meet the following Alliant High-Rate Checking requirements in each calendar month:

    1. Opt in to receive eStatements; and
    2. At least one electronic deposit posted to the account each calendar month (direct deposit, ATM deposit, mobile check deposit or transfer from another financial institution); and
    3. Maintain an average daily balance of $1,000 or more
  • New cardholders will automatically earn Tier One rewards for the first 100 days after card approval.

Example: A billing cycle beginning on September 13 will earn Tier One Rewards based on Alliant High-Rate Checking qualifications met during the calendar month of August. A billing cycle beginning on August 28 will earn Tier One Rewards based on Alliant High-Rate Checking qualifications met during the calendar month of July.

FAQs

Is there anything that I have to do for this change to go into effect?

No. Changes will go into effect for all existing and new cardholders effective October 1, 2022.

With the new terms effective October 1, 2022, when will I be eligible for Tier One Rewards?

If you met your Alliant High-Rate Checking account qualification in the month of September, you will be eligible to earn Tier One Rewards beginning on the first day of your next billing cycle after October 1, 2022.

What if I already qualified for Tier One Rewards status in Q3?

If you met the Alliant High-Rate Checking requirements for Tier One Rewards status in the third quarter of 2022 (July, August and September), you will earn Tier One Rewards through all of the fourth quarter (billing cycles that start in October, November and December). New monthly qualifications will begin for you on January 1, 2023, based on Alliant High-Rate Checking requirements met in the calendar month of December 2022. If you did not meet the Alliant High-Rate Checking requirements for Tier One Rewards status in the third quarter of 2022, you may be eligible to earn Tier One Rewards as soon as October’s billing cycle based on checking qualifications met in September 2022.

What’s the benefit of moving from quarterly to monthly qualifications?

Under the current terms, a full calendar quarter of checking qualification is required in order to earn Tier One Rewards cash back. Under the new terms, only one month of checking qualification is required, making it easier and faster to earn Tier One Rewards.

How do I know what cashback tier I’m earning?

Soon, you will be able to view your cashback status in Alliant online banking and in our mobile banking app. In the meantime, you can see your status on your monthly credit card statement, which is available 24/7 in Alliant online banking. Alternatively, you can call our Member Care Center at 800-328-1935.

Why are you making this change?

We continue to listen to our members and strive to offer great products and services with industry-leading benefits. These changes will allow members to earn Tier One Rewards sooner to take advantage of higher cashback earnings on their Alliant Cashback Visa Signature card.

Why does this program depend on the Alliant High-Rate Checking account?

The Alliant Cashback Visa Signature card offers all cardholders unlimited 1.5% cashback with no annual fee – which is already a great value! Alliant members with a High-Rate Checking relationship can enjoy the added benefit of 2.5% cashback on the first $10,000 of eligible purchases per billing cycle.

How can I receive my credit card cash back?

You can choose to receive cash back from your Alliant Cashback Visa Signature credit card via a credit card statement credit (appearing within one billing cycle) or as a deposit into your Alliant checking or savings account.

Does Alliant offer any other benefits that I can take advantage of?4

Yes! Being an Alliant member comes with all sorts of perks, and here are just a few: You can use our "no haggle" Car Buying Service to search for new vehicles and even get a discounted rate on an Alliant auto loan. You can also save an average of 25% on maintenance and repairs from a national network of trusted service shops with the Alliant Vehicle Service Program, a free benefit for Alliant members. Also, get a cashback rebate when you buy or sell through the Alliant Home Rewards program. Learn more about all of the great things that come with your Alliant membership at alliantcreditunion.org.