Pros & cons
Pros
- Up to 4 points per $1 spent on purchases.
- Variety of options to redeem your points.
- 6 types of insurance.
Cons
- High income requirements of either $80,000 personal or $150,000 household.
Your rewards
Getting your welcome bonus
Based on $3,000 in monthly spending, you can get up to 10,000 points which translates to an estimated $100.◊
For all welcome bonus details click here.
Welcome bonus offer ends Jun 30, 2026.
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With 1st Choice Savings Cash Back World Elite Mastercard, here's how you earn rewards:
- 4 points per $1 spent on groceries and transit
- 2 points per $1 spent on recurring bills , streaming, and dining
- 1 point per $1 spent on all other purchases
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For 1st Choice Savings Cash Back World Elite Mastercard in particular, if you spend $3,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Statement credits | $630 | |
| Direct deposit | $630 | |
| Travel | $630 | |
| Gift Cards | $523 |
Calculating your annual rewards
$36,000 annual spending x 1.75% return on spending = $630 annual rewards
$630 annual rewards − $120.00 annual fee = $510 net annual rewards
Details and eligibility
- Estimated Credit Score
- 660 - 724
- Personal Income
- $80,000
- Household Income
- $150,000
- Annual Fee
- $120.00
- First Year Free
- Yes
- Extra Card Fee
- $50
- Card type
- Credit
- Purchase
- 20.99%
- Cash Advance
- 22.99%
- Balance Transfer
- 22.99%
- Balance Transfer
- 0.00%
- Transfer Term
- 12 months
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
- Mobile Device
- $1,000
- Emergency Medical Term
- 15 Days
- Emergency Medical Maximum Coverage
- $5,000,000
- Lost or Stolen Baggage
- $1,000
- Rental Car Theft & Damage
- Yes
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
1st Choice Savings Cash Back World Elite Mastercard's 4.4 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
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