Is First Tech Choice Rewards World Mastercard a cash back credit card? This question is about the First Tech Choice Rewards World Mastercard®

Is First Tech Choice Rewards World Mastercard a cash back credit card?

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This question is about the First Tech Choice Rewards World Mastercard®

Chip Lupo, Credit Card Writer

@CLoop • 03/14/23 This answer was first published on 03/14/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, the First Tech Choice Rewards World Mastercard® is not a cash back credit card. Although the First Tech Choice Rewards does not offer cash back, it does have rewards, giving 1 - 2 points per $1 spent on purchases. The First Tech Choice Rewards also has a $0 annual fee.

There are plenty of other cash back credit cards to consider, though. You can start your search with WalletHub’s editors’ picks for the best cash back credit cards on the market. It’s good to compare multiple options before submitting an application, to ensure that you get the most bang for your buck.

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Does the First Tech Choice Rewards World Mastercard do a hard pull?

Yes, the First Tech Choice Rewards card does a hard pull on your credit report when you apply for the card. A hard pull usually results in a slight decrease in an applicant's credit score, but the effect only lasts for a short period of time. The hard inquiry allows the issuer to determine your credit risk and ultimately decide whether you’ll be approved for an account.

The First Tech Choice Rewards card is meant for people with fair credit or...

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What is cash back?

Cash back is a benefit that gets you a discount for certain purchases. In the context of credit cards, cash back is a type of credit card rewards. You can earn cash back through signup bonuses for meeting certain spending requirements, or through ongoing rewards, as a percentage of the amount spent on qualifying purchases. Some credit cards also offer cash back anniversary bonuses in the form of statement credit for qualifying purchases.

Cash back credit...

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Cash back vs. points: does it make a difference?

The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...

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