Sallie Mae 2% Cash Back Credit Card

 

https://www.salliemae.com/landing/signaturecreditcard/default.aspx?SRC_CODE=3IM2O8&TAC_CODE=KWC8FMKQ&PIT_CODE=209877702

Remember, unlike most credit cards, the 0% APR for the first 12 months is only on Balance Transfers. If you make purchases with the card, there is interest on purchases.

Sallie Mae. Bottom line, you need $12,500 of spend to get 25,000 points which will convert to $250 dollar in the form of credit statement, rewards check, or gift cards.

Point Value to Cash Rewards Value
2,500 = $16.25 ($0.65 per point)
5,000 = $32.50
7,500 = $48.75

10,000 = $85.00 ($0.85 per point)
15,000 = $127.50
20,000 = $170.00

25,000 = $250.00 ($1.00 per point)
35,000 = $350
50,000 = $500

Although there are many ways to redeem the credit, those that want to redeem for cash, can find screenshots of the Rewards screen here:

 

 

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