Barclays introduces new AARP credit cards

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Barclays introduces new co-branded AARP credit cards and acquires Chase as the issuer of this portfolio. The new reward cards are:

  • The AARP® Essential Rewards Mastercard® from Barclays.

  • The AARP® Travel Rewards Mastercard® from Barclays.

AARP® credit card from Chase

The AARP® Essential Rewards Mastercard® from Barclays

The AARP® Travel Rewards Mastercard® from Barclays

Registration bonus: $ 100 Bonus Cash Back after spending $ 500 on purchases in the first 3 months of account opening *.

Registration bonus: Earn an intro bonus of $ 100 with $ 500 within the first 90 days.

Registration bonus: Earn an intro bonus of $ 100 with $ 500 within the first 90 days.

• 3% cashback bonuses in restaurants and petrol stations.

• 1% cashback on all other purchases.

• 3% cashback at petrol stations and drug stores.

• 2% cashback on medical expenses.

• 1% cashback on all other purchases.

• 3% cashback on flight costs, hotel stays and rental cars.

• 2% cashback in restaurants.

• 1% cashback on all other purchases.

Introductory APR: None. The current APR is 16.24% – 22.99% variable APR.

Introductory APR: 0% introductory APR for 15 months on transfers within 45 days of account opening.

Introductory APR: 0% introductory APR for 15 months on balance transfers within 45 days of account opening.

Nerdy tip: A third card, the AARP® Mastercard from Barclays, is not available for direct use and is not rewarded, but can be offered to existing Chase customers upon conversion. More about the conversion process below.

In short, while Barclays’ new AARP cards are less generous than Chase’s issued when it comes to food, they have reward structures that are far more diverse and potentially useful.

For example, note that the AARP® Essential Rewards Mastercard® receives bonus rewards for “medical expenses” from Barclays. This is an extremely unusual but potentially very valuable expense category that covers a wide range of eligible expenses: dentists, orthodontists, osteopathic doctors, chiropractors, opticians, ophthalmologists, opticians, optical products and glasses, podiatrists, podiatrists, hospitals, doctors and dentists laboratories , Hearing aids, ambulances, orthopedic goods, prostheses, nursing and personal care facilities and other medical services.

As with the existing ones AARP® credit card from ChaseYou do not need to be an AARP member to apply for the new Barclays-issued cards.

What if you currently have that AARP® credit card from Chase?

If you have AARP® credit card from Chaseyou can continue to use your existing card and make payments to Chase for the time being. This summer you will receive emails and emails about what to do next.

In September you AARP® credit card from Chase will automatically be converted into one of the new Barclays issued cards. Here are some other changes to watch out for:

  • Your account number will change. Make sure you update any billing information that is using your old credit card number. If you have authorized users, you know their account numbers change too.

  • Your credit will be transferred. If you have unpaid balance when you convert your account, it will be transferred to your new Barclays card. Your credit limit will not be changed.

  • Your reward points will be carried over. When you have earned rewards on that AARP® credit card from Chasethey will be moved to your new account and you will earn rewards for your purchases with the new card.

  • You may be able to switch to a different Barclays AARP card. Your AARP® credit card from Chase will be replaced by one of the new Barclays cards. After the transfer is complete, you can request a switch to another Barclays AARP card if you wish.

The Chase AARP® credit card information has been collected by NerdWallet and has not been verified or provided by the issuer of this card.

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