Ollo Everyday Rewards
- See if you are Pre-Approved with no impact to your credit score
- 3% cash back at gas and EV charging stations, grocery stores and drugstores
- 1% cash back on all other purchases
- No expiration dates and no limit to how much you can earn
- No annual fee
- Automatic review for credit line increase in as little as 6 months
- No surprise fees: No over-the-limit, no returned payment and no foreign transaction fees. Plus, no rate hike for making a late payment
- Zero Fraud Liability
- See Rates & Fees
Credit Needed: Good, Above AverageCreditWeb considers the following based on credit types:
A credit score between 690 and 740 to have good credit. A credit score between 685 and 710 is considered above average credit. 2
Reviews: Be the first to write one
Rewards: Cash Back
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $0 |
See website for Details* |
N/A |
23.99%-29.99% (Variable) |
|
Our OpinionThe Ollo Everyday Rewards Mastercard is a straightforward cash-back card with particularly useful rewards for routine household spending. It earns 3% cash back at gas and public EV charging stations, grocery stores and drugstores, plus 1% on other eligible purchases.
The combination of unlimited rewards, no expiration dates and no annual fee is the card’s strongest feature. Cardholders do not have to earn enough cash back to recover an annual ownership cost before receiving value from their rewards.
The card is best used by someone who pays the statement balance in full each month. The regular variable APR can quickly outweigh the cash back earned when a balance is carried.
What we like:
- 3% cash back in several common everyday spending categories
- 1% cash back on other eligible purchases
- No annual fee
- No limit on how much cash back can be earned
- Rewards do not expire
- No foreign transaction fee
- Pre-approval check with no impact to your credit score
- Automatic credit line review in as little as six months
Important considerations:
- The enhanced cash-back rate applies only to eligible purchases in the specified merchant categories.
- Purchases outside those categories earn 1% cash back.
- Pre-approval does not guarantee final approval.
- Completing a formal application may result in a hard credit inquiry.
- An automatic credit line review does not guarantee an increase.
- A late payment may still result in a fee, interest charges and possible credit-reporting consequences.
The Ollo Everyday Rewards Mastercard may be a good fit for consumers who regularly spend on gas, EV charging, groceries and drugstore purchases. It is especially appealing to someone who wants uncomplicated cash-back rewards without an annual fee or rotating categories.
CreditWeb’s bottom line:
The Ollo Everyday Rewards Mastercard offers competitive rewards in practical spending categories without charging an annual fee. Its value is strongest for cardholders who use the 3% categories regularly and pay their balance in full. Consumers who expect to carry a balance should pay close attention to the regular variable APR before applying.
For rates and fees of the Ollo Everyday Rewards, please
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