RateHerald

Our illustration, not the card’s design

SchoolsFirst credit card

SchoolsFirst Rewards Mastercard

No annual fee. 10,000 points welcome bonus. Purchase APR 13.50–17.90%, variable. No foreign transaction fees.

Checked Oct 12, 2026Updated

Welcome offer
Annual fee
Purchase APR · variable
Foreign transactions

Select an underlined figure to see where it comes from.

SchoolsFirst’s terms

Welcome offer

10,000 points

Activate your card.

Get 10,000 points when you activate your card, stated as a $100 cash value. Account must be open, current and in good standing; terms and conditions apply.

  • Smaller than about 80% of the 44 other points bonuses we track.

In dollars

What it’s worth

Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.

SpendingValue against the feeFirst yearAfter
Light spender$280$180
Typical spender$550$450
Heavy spender$1,090$990
The spending each assumes, and what isn’t counted
  • Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
  • Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
  • Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month

$180a year

$280 the first year, with the welcome bonus.

The spending this assumes

A month: groceries $300, dining $100, gas $100, everything else $500.

$450a year

$550 the first year, with the welcome bonus.

The spending this assumes

A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.

$990a year

$1,090 the first year, with the welcome bonus.

The spending this assumes

A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500.

Use your own spending

Estimates from the published terms above, as checked Oct 12, 2026; not advice. How we value cards

Against the market

How it compares

Worth more to a typical spender than about 80% of the 732 cards we track.

  • Lower top APR than about 100% of the 163 cards on our Sign-up bonuses list (see the list).
  • No annual fee, like about 85% of the 711 cards we track.

Other points cards with no annual fee

Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).

Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method

Member Rewards Program

How you earn

1.5×
Everything else

Points per dollar.

Benefits

  • Lyft credit: $5 monthly
  • Instacart discount: $10 monthly
  • Complimentary Instacart+: 3 months (Three months of free delivery; $10 off your second order each month.)
  • Personal travel advisor.
  • Access to luxury hotels.
All 13 benefits
  • Personal concierge.
  • Higher point-to-ticket values for travel rewards.
  • Access to Mastercard Priceless experiences and adventures.
  • Live Nation pre-sale and preferred ticketing for select festivals and venues.
  • A 25% rebate on eligible inflight purchases is not stated.
  • Rental car
  • Other
  • Other: Up to the maximum allowed by the contract; if the outstanding loan balance is greater than $100,000, the rate will not be applied to the amount exceeding $100,000. Loss of Life provides 25% of the protected balance or $25,000, whichever is less, after the last day of the month the protected individual reaches age 75.

Every figure with its receipt

Rates and fees

Annual fee
Purchase APRvariable
Balance transfer APR
Balance transfer fee
Cash advance APR
Cash advance fee
Penalty APR
Late payment
Returned payment
Foreign transactions
Grace period
Minimum interest charge

Before you apply

  1. What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
  2. Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)

Questions

What is the annual fee?
None · schoolsfirstfcu.org, since Sep 29, 2026
Does it charge a foreign transaction fee?
No. · schoolsfirstfcu.org, since Oct 11, 2026
What is the purchase APR?
13.50–17.90% APR · schoolsfirstfcu.org, since Oct 8, 2026
Is there a welcome bonus?
10,000 points. · schoolsfirstfcu.org, since Sep 29, 2026
See it on schoolsfirstfcu.org

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