Citizens Bank has their Cash Back Plus Mastercard which earns 1.8% cash back on all purchases and has no annual fee or foreign transaction fee. They also offer a signup bonus to get 5% cashback (1.8% + 3.2% bonus) on your first $6,000 in purchases during the first year.
In the past we’ve seen them run an offer to get 5% cashback with no limit. Now they are limiting the bonus to $6,000 which makes it much less interesting. I suppose it’s still mildly interesting for the signup bonus which can get you $300 cashback on $6,000 spend. But realistically most people won’t value it at more than $180 with a steep $6,000 spend requirement and won’t be interested in this.
Hat tip to reader Gerald