As a Realtor, you are accustomed to getting certain perks for being a member of the National Association of Realtors (NAR). However, one perk that has gone the way of the dodo bird is the National Association of Realtors credit card once offered by Chase Visa specifically for NAR members. Find other credit card offers here!
The Chase Visa offered NAR members a $64 credit after their first purchase which would cover the annual NAR membership. In addition, they offered a 0% APR introductory offer for all new purchase and for balance transfer credit card transactions and a low 9.24% APR for purchases thereafter.
In addition, the Chase Visa was a rewards credit card. Cardholders could earn 1 point for every $1 spent on the card and then redeem the points for cash, travel, merchandise and more. This flexibility was one of the reasons that this card was so appealing to NAR members.
National Association of Realtors Reward Credit Card Options
You can choose between specific reward programs such as travel credit card rewards, cash back credit card rewards, merchandise rewards or even a combination of all of these things depending on the credit card you choose. Typically, when you use a card with specified rewards you earn extra points towards that reward when you purchase items related to that reward.
For example, if you choose a travel reward card, then you might get 5 points for every $1 you spend on travel; however, you only get 1 point for every $1 spent everywhere else.
It is important to note that rewards credit cards typically have a higher interest rate than traditional cards. One way to circumvent paying higher interest rates is to pay off your balance before the end of each billing period.
National Association of Realtors Traditional Credit Card Option
A traditional credit card is one that doesn’t offer a reward option when you make a purchase. These cards are still accepted everywhere, you just don’t benefit in other ways when you make your purchase.
The benefit to a traditional card is that the interest rates are lower. If you plan on carrying a balance from month to month, then a lower interest rate can save you hundreds of dollars a year.
Finding the Right National Association of Realtors Credit Card
You can use our credit card chaser tool to find the right card for you and your realty company. Enter your criteria for a credit card rates and let us do the rest of the work for you!
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