Precious metals dealer APMEX has announced a waitlist for a new credit card called ‘The Bullion‘. The card offers the following:
- Sign up bonus of 15,000 points (worth $150) after spending $1,500
- Card earns at the following rates:
- 4% back on APMEX purchases until 2/28/2023 (then rate drops to 3%)
- 1% back on all other purchases
- No annual fee
- This card is issued by UMB Bank
APMEX does charge a premium when using a credit card, so the 4% rate isn’t actually that attractive. This looks to be an easy pass unless I’m missing something.