ECHO cashback Mastercard
Annual Fee
$30.00
Interest Rate
19.99%
Balance Transfer
22.99%
Cash Advance
22.99%
Credit Score
Good
Rewards
1.50%*
- Earn 1.5% cashbackk on gas, grocery and online purchases
- Earn 1% cashback on all other purchases
- You can accumulate cashback faster by adding an additional card to your account, such as for your spouse.
- Zero Liability Included
- Purchase protection in the event of theft or damage: 90 days following the purchase date
- Extended warranty: Double (up to 1 additional year).
- You must be a Canadian resident.
- You must be the age of majority in your Province or Territory of residence.
Summary
The ECHO cashback Mastercard gives you cash back on all eligible purchases. Holders can also receive additional cashback on gas, groceries, and online purchases. Cashback may be accumulated.
Benefit from purchase protection while earning up to 1.5% cashback!
Our Review
ECHO cashback Mastercard
The ECHO cashback Mastercard allows holders to earn cash back on all eligible purchases while benefitting from purchase protection and extended warranty. Cardholders can earn 1.5% cash back on all gas, grocery and online purchases, up to a spend cap of $25,000, as well as 1% cash back on all other purchases. This card comes at an annual fee of $30, and if you spend a lot on gas, groceries or online purchases, this card could definitely be worth it, but if you’d rather not pay an annual fee you can find similar rewards rates. In any case, if you don’t let interest pile up on this card, it offers nothing but benefits!
As per our rating system, this card scored 19/25 on rewards, 16/25 on interest rates and balance transfers, 8/25 on perks and insurance, and 24/25 on annual fees. Therefore, the total smart score of this card is 67/100.
Pros
- Earn 1.5% cashbackk on gas, grocery and online purchases
- Earn 1% cashback on all other purchases
- You can accumulate cashback faster by adding an additional card to your account, such as for your spouse.
- Zero Liability Included
- Purchase protection in the event of theft or damage: 90 days following the purchase date
- Extended warranty: Double (up to 1 additional year).
Cons
- $30.00 annual fee
- Maximum 1.5% rewards
- There is a $25,000 spend cap on the 1.5% cash back rate in each category. Once this cap is exceeded, cash back will drop to 1% for all purchases.