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Apply online for Barclaycard CashForward™ World Mastercard®
About Our Ratings
Credit Needed
Excellent

Barclaycard CashForward™ World Mastercard® Review

Pros & Cons

  • A flat, unlimited 1.5 percent cash back on all your purchases, all the time makes this a great card for steady, easy rewards earning.
  • Earn a 5 percent cash-back bonus each time you redeem your rewards for cash, statement credit or gift cards to be applied to your next redemption.
  • Take advantage of 15 months of 0 percent APR on purchases as well sa on balance transfers made within the first 45 days.
  • You would likely earn more cash back more quickly with a card that offers bonus rewards categories or tiered rewards.

    Top Features

    Cashback on Gas
    1.5%
    Cashback on groceries
    1.5%
    Cashback on other
    1.5%
    Annual Fee
    $0

    Full Review

    Brooklyn Lowery Site Editor

    Barclaycard CashForward™ World Mastercard® Essentials

    The Barclaycard CashForward™ World Mastercard® gives you all the simplicity of a flat-rate cash-back rewards credit card with an added opportunity to earn bonus cash-back when you redeem your rewards.

    The Barclaycard CashForward™ World Mastercard® offers unlimited 1.5 percent cash back on all your purchases, all the time. Plus, you can earn an introductory $200 cash back after you spend $1000 within the first 90 days from account opening - that's a low spending threshold when it comes to introductory cash-back offers.

    Flat-rate credit cards are having a moment, and the Barclaycard CashForward™ World Mastercard® is certainly competitive in that market with its 1.5 percent cash-back rate; however, this card actually offers you an additional 5 percent cash back on any amount you redeem, to be paid as part of your next redemption.

    For example, if you spend $600 on your Barclaycard CashForward™ World Mastercard® each month at the grocery store, you'd earn $108 cash back annually just based on the 1.5 percent rate. Then, when you redeem that $108 you'll earn an additional $5.40 toward your next redemption.

    In other words, get to earning and get to redeeming.

    Key features of the Barclaycard CashForward™ World Mastercard®

    • Earn 1.5 percent on every purchase; there are no special rewards categories to track.
    • Redeem your cash rewards for a deposit into a bank account, for a statement credit or for gift cards.
    • Receive a 5 percent cash-back bonus to be applied to your next redemption each time you redeem.
    • Take advantage of a 0 percent APR on balance transfers for 15 months (when made within the first 45 days of account opening).
    • There's no annual fee.

    In addition, as a Barclaycard CashForward™ World Mastercard® cardholder, you'll enjoy $0 fraud liability protection on unauthorized purchases and free online access to your FICO credit score.

    What Our Editors Like Most About the Barclaycard CashForward™ World Mastercard®

    The best feature of flat-rate cash-back credit cards like Barclaycard CashForward™ World Mastercard® is that they are easy to use and allow even cardholders who don't want to think too hard about their credit card usage an opportunity to rack up rewards.

    With the Barclaycard CashForward™ World Mastercard®, you earn unlimited rewards at a rate of 1.5 percent cash back on every single purchase; there are no categories in which you earn higher rewards as some other cash-back credit cards offer, but that means you also don't have to keep up with those categories or sign up quarterly for the bonus cash back.

    So the Barclaycard CashForward™ World Mastercard® is a straightforward way for card customers to earn cash back rewards. With no annual fee, you will be truly rewarded for each purchase that you make with the Barclaycard CashForward™ World Mastercard® without having to pony up an annual fee each year. And because the cash-back rewards are unlimited and don't expire, there is no rush to use them even as they continue to accumulate.

    The Barclaycard CashForward™ World Mastercard® also comes with a 0 percent APR offer on purchases and balance transfers made within 45 days of account opening for 15 months after card opening, which is nice if you have balances with other credit cards you want to consolidate and pay off over time.

    Sweetening the deal a bit, the Barclaycard CashForward™ World Mastercard® has a couple of additional rewards perks that do set it apart from the other flat-rate cards that have arrived on the scene. The introductory cash-back bonus offer of $200 after spending $1000 on the card within the first 90 days of card ownership is both generous and a offers a low spending bar.

    The real shining star feature, though, is that each time you redeem your rewards, whether for cash back, gift cards or statement credit, you'll receive an additional 5 percent cash back to use toward your next redemption. So if you redeem rewards for a $50 statement credit, you'll automatically receive $2.50 to be applied toward your next redemption. Getting an extra 5 percent cash-back award each time you redeem is a unique perk and one that sets the Barclaycard CashForward™ World Mastercard® apart from other cash-back credit cards.

    Potential Downsides of the Barclaycard CashForward™ World Mastercard®

    The pluses of this card are many, including the lack of annual fee, but there are a few other fees to keep in mind. In particular, the Barclaycard CashForward™ World Mastercard® charges a 3 percent foreign transaction fee on all purchases made while abroad, so you might not want to pack this card for your next overseas trip.

    Also, you'll pay 3 percent (not less than $5) on each balance transfer, even during the introductory period.

    As mentioned before, the Barclaycard CashForward™ World Mastercard® doesn't offer rotating or tiered categories like many other cash-back cards do, so it will likely take you a bit longer to earn rewards with the Barclaycard CashForward™ World Mastercard®. If you're organized enough for a rotating or tiered rewards structure, you certainly stand to earn more cash back, more quickly with those options.

    But if "slow and steady wins the race" is your motto, flat-rate cash-back credit cards like the Barclaycard CashForward™ World Mastercard® are certainly worthwhile options that will net you some solid rewards over time.

    How the Barclaycard CashForward™ World Mastercard® Compares to Other Cash-Back Cards

    Barclaycard CashForward™ World Mastercard® vs. Blue Cash Everyday® Card from American Express

    Like the Barclaycard CashForward™ World Mastercard®, the Blue Cash Everyday® Card from American Express (American Express is a cardratings.com advertiser) charges no annual fee and there is an opportunity for new customers to earn $100 cash back in the card account's first three months, though the spending threshold to earn that bonus is higher at $1,000.

    Unlike the Barclaycard CashForward™ World Mastercard®, the Blue Cash Everyday® Card from American Express is a tiered cash-back rewards card, so your rewards-earning potential could be much greater if the categories fit your regular spending habits. With the Blue Cash Everyday® Card from American Express, you'll earn 3 percent back at U.S. supermarkets on up to $6,000 in spending annually (1 percent after that), 2 percent back at U.S. gas stations and select U.S. department stores and 1 percent on all other purchases.

    The Barclaycard CashForward™ World Mastercard® and the Blue Cash Everyday® Card from American Express both offer an introductory 0 percent APR period, but the Barclaycard offer is for 15 months on balance transfers and purchases, whereas the Blue Cash Everyday® Card from American Express offer is for 12 months on purchases and balance transfers (the APR jumps to 13.99%-24.99% Variable after the intro period for the American Express card).

    Barclaycard CashForward™ World Mastercard® vs. Wells Fargo Cash Wise Visa® Card

    The Wells Fargo Cash Wise Visa® Card is another flat-rate card that gives cardholders the opportunity to earn unlimited cash-back rewards at a rate of 1.5 percent. As an introductory bonus, it offers the opportunity to earn 1.8 percent cash back on Android Pay™ or Apple Pay™ mobile wallet purchases made within the first 12 months from account opening.

    Even if you routinely use Android Pay™ or Apple Pay™, you'll earn more rewards long-term with the 5 percent redemption bonus offered by the Barclaycard CashForward™ World Mastercard®.

    Still, if you already have a relationship with Wells Fargo, you might prefer to stay within that bank's system. Otherwise, you likely stand to earn more rewards with the Barclaycard CashForward™ World Mastercard® thanks to the redemption bonus. Plus, there's no introductory cash-back bonus offer from Wells Fargo like you stand to earn with the Barclaycard.

    Barclaycard CashForward™ World Mastercard® vs. Chase Freedom®

    These are both cash-back rewards cards without annual fees. Beyond that, the differences are where you need to focus.

    Chase Freedom® is a rotating categories cash-back rewards card. That means cardholders earn 5 percent cash back on up to $1,500 in purchases in bonus categories each quarter the sign up. You earn 1 percent back on purchases over the $1,500 cap and on all your non-bonus category purchases.

    You stand to earn substantial cash back with Chase Freedom®, but only if you're paying attention to the bonus categories and using your card appropriately. If you don't focus on spending in the bonus categories, you'll only earn 1 percent back. In that case, the Barclaycard CashForward™ World Mastercard® offers better cash back.

    Chase Freedom® offers a 15-month 0 percent APR intro period for balance transfers and purchases as well as a better intro cash-back bonus of $150 after spending $500 within the first three months.

    This decision comes down to whether you're willing to put the time and thought into maximizing your reward potential in rotating bonus categories or if you'd prefer the simplicity of a flat-rate card.

    Who Should Get This Card?

    Card customers who like a straightforward strategy for earning cash-back rewards should consider the Barclaycard CashForward™ World Mastercard®. When it comes to flat-rate cards, this is a solid option with some additional features that help it stand out from the crowd. In particular, the opportunity to earn an additional 5 percent cash back each time you redeem your rewards is a nice perk.

    This page was last updated on July 07, 2017

    This card compared to other cash back cards

    Cashback on Gas
    1.5%
    2% at U.S. gas stations
    1-5%
    Cashback on Groceries
    1.5%
    3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%)
    1-5%
    Cashback on other
    1.5%
    1% back on other purchases.
    5% cash back in rotating categories each quarter like gas stations, restaurants, Amazon.com, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, 1% cash back on all other purchases.
    Purchase Intro
    APR:
    0%
    Period:
    15 months
    APR:
    0% on Purchases
    Period:
    for 12 months
    APR:
    0%
    Period:
    14 months
    Purchase APR
    15.99%, 20.99% or 25.99% Variable
    13.99%-24.99% Variable 
    11.99% - 23.99% Variable 
    CardRatings.com Editorial Staff

    Barclaycard CashForward™ World Mastercard® details

    Balance Transfer Intro APR
    0%
    Balance Transfer Intro Period
    15 months (on balance transfers made within 45 days of account opening)
    Purchase Intro
    APR:
    0%
    Period:
    15 months
    Purchase APR
    15.99%, 20.99% or 25.99% Variable
    Annual Fee
    $0
    see more  

    Credit Card Rate Information:


     
      Purchase
      Balance Transfer
      Cash Advance
    Index:
     Prime
     Prime
     
    Margin:
     
     
     
    APR:
      15.99%, 20.99% or 25.99%
    Variable
     15.99%, 20.99% or 25.99% Variable
     26.24% Variable
    APR Floor:
     
     
     
    Intro Rate:
     0%
     0%
     
    Intro Period:
     15 months
     15 months (on balance transfers made within 45 days of account opening)
     


    Finance Calculation Method:
     
    Default/Penalty APR:
     null
    Default/Penalty Margin:
     
    Default/Penalty APR Floor:
     
    Penalty/Default Trigger:
     

    Credit Card Fee Information:


    Annual Fee:
     $0
    Foreign Transaction Fee:
     3%
    Late Fee:
     Up to $37
    Over-the-limit Fee:
     
    Balance Transfer Fee:
    3%, Minimum $5  


    Notes:

    Rebate Description:
     Earn unlimited 1.5% cash rewards on every purchase. Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
    Special Notes:
     
    Credit Card More Information:

    Card Issued By:
     Barclaycard
    General Correspondence Address:

    Card Type:
     Â 
    Card Class:
     World
    Card Category:
     Credit Card Deals, Travel Rewards, Low Intro Rate, PrePaid, Low Interest, Cash Back, Hotel Rewards, No Annual Fee, Airline & Miles, Business, 0% Intro APR, Student, Gas
    States Available In:
     
    Minimum Credit Limit:
     
    Maximum Credit Limit:
     
    Credit Limit Notes:
     

    What Barclaycard says about this card

    • Get a $200 cash rewards bonus after you spend $1,000 in purchases in the first 90 days after account opening
    • Earn unlimited 1.5% cash rewards on every purchase
    • Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
    • Redeem your cash rewards for a deposit into a U.S. checking or savings account, a statement credit or gift cards. Redemptions start at $50
    • Cash rewards do not expire as long as your account is open, active and in good standing
    • Enjoy a 0% introductory APR for the first 15 months on purchases. Plus, you'll get a 0% introductory APR for 15 months on balance transfers for each balance transfer made within 45 days of account opening. After that a variable APR will apply, 15.99%, 20.99% or 25.99%, based on your creditworthiness. Please note, there is a fee for balance transfers
    • No annual fee

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    Special offers
    Currently available on the Barclaycard CashForward™ World Mastercard®
    $200 cash rewards bonus
    After you spend $1,000 in purchases in the first 90 days after account opening

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    Apply online for Blue Cash Everyday® Card from American Express

    Blue Cash Everyday® Card from American Express

    • $100 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
    • No annual fee.
    • 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
    • 2% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
    • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 13.99% to 24.99%.
    • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express(R) Cards in the last year.
    • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
    • Terms Apply.
    Terms and Limitations Apply
    Credit Needed:
    Excellent, Good
    Apply online for Discover it® - Cashback Match™

    Discover it® - Cashback Match™

    • You could turn $200 into $400 with Cashback Match(TM). Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
    • Earn 5% cash back in rotating categories each quarter like gas stations, Amazon.com, restaurants, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, 1% cash back on all other purchases.
    • Redeem your cash back for any amount, any time. Cash rewards never expire.
    • 100% U.S. based customer service.
    • Get your FICO(R) Credit Score for free on monthly statements, on mobile and online.
    • No annual fee.
    • Click "APPLY NOW" to see rates, rewards, FICO(R) Credit Score terms, Cashback Match(TM) details & other information.
    Credit Needed:
    Excellent, Good