Barclaycard CashForward World Mastercard® Review

Please Note: The Barclaycard CashForward™ World Mastercard® card is currently unavailable through this site. Additionally, information about the Discover it® Cash Back have been collected independently by The issuer did not provide the details, nor is it responsible for their accuracy.

The Barclaycard CashForward™ World Mastercard® is a fairly new card on the cash-back market. With the Barclaycard CashForward™ World Mastercard®, consumers can earn a flat rate of 1.5% back on every purchase they make – and all with no annual fee.

With a flat 1.5% back and no annual fee, all of these cards make it easy to earn a decent rate of return without paying out-of-pocket or dealing with a complicated rewards program.

In this article

    The Simple Dollar’s Key Takeaways

    • Earn a flat rate of 1.5% back for all purchases. Never keep track of rotating categories, bonuses, or spending limits. You’ll always earn a flat 1.5% back on everything.
    • No annual fee. Since this card doesn’t charge an annual fee, you can keep it for eternity. Plus, you’ll never have to stress over whether a fee is worth it if you use your card infrequently.
    • Get 0% intro APR for a limited time. Unlike some other cards in this niche, the Barclaycard CashForward™ World Mastercard® offers 0% introductory APR for 15 months on Balance Transfers made within 45 days of account opening. A balance transfer fee does apply.

    Review: A Perfect No-Fee Card for Just About Anyone

    The Barclaycard CashForward™ World Mastercard® is a smart option for almost any type of spender. And since this card doesn’t charge any type of annual fee or an application fee, the Barclaycard CashForward™ World Mastercard® is also somewhat of a no-brainer. If you’re not using a rewards cards and want to earn a flat rate of cash back on every purchase you make, you have little to lose provided you never carry a balance or pay interest on your purchases. Make sure you always pay your bill in full and on time, and the cash back you earn is truly “free.”

    The Barclaycard CashForward™ World Mastercard® is a standard no-fee cash back card that would work for just about anyone. The fact that it offers 0% introductory APR for 15 months for Balance Transfers made within 45 days of account opening is just icing on the cake. And whether you just want to earn cash back or gift cards, you can do so fairly easily by using your card for all of your everyday expenses.

    Barclaycard CashForward™ World Mastercard®: Where It Falls Flat

    The Barclaycard CashForward™ World Mastercard® comes with few downsides, but the biggest is opportunity loss. If you spend a lot on your card every month or hope to travel with your points, this card might leave you wanting more.

    Unlike the top travel credit cards, the Barclaycard CashForward™ World Mastercard® only lets you redeem your points for cash back or gift cards. Since you can’t transfer them to airline or hotel loyalty programs or use them to book travel at a discount, you’ll get a lot less bang for your buck.

    And since this card isn’t really a travel credit card or a premier credit card for that matter, it doesn’t offer any of the perks a lot of other top rewards cards offer. For example, it doesn’t offer trip cancellation/interruption insurance, auto rental coverage, or any perks beyond the basics. If you’ll benefit from those extras, you’ll likely be a lot better off with travel credit card or one of the top rewards cards on the market.

    Who This Card Is Good For:

    • Someone who wants a set rate of cash back and not much else.
    • Anyone who hates annual fees.
    • People who don’t want to use rewards for travel.

    Who Should Pass:

    • Anyone who might want to redeem their points for free travel.
    • Big spenders who might benefit more from a top rewards credit card.
    • People who want more options when it comes to redeeming their points.

    How Does It Compare to Other Cash-Back Cards?

    To see how the Barclaycard CashForward™ World Mastercard® stacked up to another card in its niche, we looked at its benefits and compared it to the Chase Freedom Unlimited® Here’s what we found:

    Barclaycard CashForward™ World MasterCard® Chase Freedom Unlimited®
    Annual Fee$0 $0
    Earning TiersEarn a flat 1.5% back on every purchase you makeIntro Offer: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!
    Redemption OptionsRedeem your points for cash back or gift cards Redeem your points for cash back, gift cards, or purchases made on Amazon
    Can you transfer points?No Transfer points to Chase Ultimate Rewards if you have the Ink Plus Business credit card or Chase Sapphire Preferred® Card
    Balance Transfer Fee3% Either $5 of 3% of the amount of each transfer, whichever is greater.

    As you can see, both cards offer similar features. The biggest difference is the fact that points from the Chase Freedom Unlimited® card are transferrable if you have a card that earns Chase Ultimate Rewards® points, like the Chase Sapphire Preferred® Card. If you have the Chase Sapphire Preferred® Card already, the Chase Freedom Unlimited® might be a smarter option since you can pool the points from both cards into one place and use them for travel.

    If you’re considering a balance transfer with one of these cards, it’s important to take note of the fees. The Chase Freedom Unlimited® comes with either $5 or 5% of the amount of each transfer, whichever is greater. That’s pretty steep, and worth considering if you’re transferring a large balance. It’s also a lot higher than the balance transfer fee charged by the Barclaycard CashForward™ World Mastercard®, which is just 3%.

    And if you’re sure you want to do a balance transfer, there are other options to consider as well. Make sure to check out our post on the best balance transfer credit cards for more options.

    Best Strategy with the Barclaycard CashForward™ World Mastercard®: Use it for Everything

    Since the Barclaycard CashForward™ World Mastercard® offers a flat rate of 1.5% cash back for every purchase you make, you should use it as often as you can. Put all of your regular bills on credit, along with any “extra” bills that come your way. Think beyond grocery and gas and try to use your card for expenses you wouldn’t normally think of – things like utility bills, home repairs, and insurance.

    Of course, you need to make it a point to pay your credit card off right away. If you pay interest on your purchases, you’ll likely wipe out any cash back you earn. Get in the habit of paying your credit card bill in full and on time every month, then stick with that strategy for the long haul.

    Related: Eight Tips to Make Credit Cards Work for You, Not Against You

    Want the Option to Earn More Points? Consider This Card

    If you don’t like the idea of earning a flat rate of 1.5% and want a way to strive for more, one card that fits the bill is the Discover it® Cash Back.

    With the Discover it® Cash Back, you’ll earn 5% cash back at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate. Plus, 1% unlimited cash back automatically on all other purchases. Plus, Discover will match the total amount of cash back you earn after the first year.

    In addition, this card offers free FICO® Credit Scores on your monthly statement and online. Redeem your points at any time, and your rewards will never expire.

    Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view our disclosures, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.



    The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.

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    • Identifies five measurable aspects to compare across each brand
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    Minimum deposit

    We compared the required minimum deposit to open a money market account. The lower the minimum deposit, the higher the score.


    MMA holders want great returns on their investments. That’s why we awarded brands with higher APYs.

    Customer satisfaction

    We leveraged J.D. Power’s 2020 U.S. Retail Banking Satisfaction Study and 2020 U.S. Direct Banking Satisfaction Study to rate each brand for customer satisfaction. The higher the satisfaction score, the higher the SimpleScore.


    Customers should be able to leverage their accounts, which is why we awarded brands that offer perks like ATM withdrawals, check-writing abilities, mobile check deposit and waived monthly fees.

    Monthly fee

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    Holly Johnson

    Contributing Writer

    Holly Johnson is a frugality expert and award-winning writer who is obsessed with personal finance and getting the most out of life. A lifelong resident of Indiana, she enjoys gardening, reading, and traveling the world with her husband and two children. In addition to The Simple Dollar, Holly writes for well-known publications such as U.S. News & World Report Travel, PolicyGenius, Travel Pulse, and Frugal Travel Guy. Holly also owns Club Thrifty.