Enjoy Beyond from Truist Bank Credit Card Review

Enjoy Beyond from Truist Bank Review

When it comes to selecting a credit card that caters to frequent travelers and dining enthusiasts, the Enjoy Beyond from Truist Bank is a compelling option. This card is designed to offer competitive rewards for those who frequently spend on travel and dining, making it a standout option in the rewards credit card market. In this review, I’ll delve into the features, benefits, pros and cons, and key takeaways of the Enjoy Beyond credit card to help you determine if it’s the right fit for your financial lifestyle.

Enjoy Beyond from Truist Bank Key Takeaways

Before we dive into the nitty-gritty details, here are some key takeaways that summarize what makes the Enjoy Beyond credit card unique and appealing:
1. Generous Rewards Structure: Earn 3x points per $1 spent on airfare, hotels, and car rentals, 2x points per $1 spent on dining, and 1x points per $1 spent on all other eligible purchases.
2. Significant Bonus Points: Receive 30,000 bonus points after spending $1,500 within the first 90 days of account opening.
3. Annual Fee: $195 annually.
4. Interest Rates: Purchase APR ranges from 18.49% to 27.49% variable, with the same range for balance transfers. The APR for cash advances is 27.49% variable.
5. Travel Perks: Up to $100 annual travel experience statement credit and up to $100 statement credit for TSA PreCheck® or Global Entry® fee awarded once every four years.
6. No Foreign Transaction Fees: Ideal for international travelers.
7. Good to Excellent Credit Required: A credit score range of 670-799 is recommended for approval.

Enjoy Beyond from Truist Bank Pros and Cons

Pros:

1. No Foreign Transaction Fees: One of the standout features of the Enjoy Beyond credit card is the absence of foreign transaction fees. This makes it an excellent choice for international travelers who want to avoid additional costs when making purchases abroad.
2. Generous Rewards Structure: The card offers an attractive rewards program, especially for those who frequently spend on travel and dining. Earning 3x points on airfare, hotels, and car rentals can significantly boost your points accumulation.
3. 30,000 Bonus Points: The initial bonus of 30,000 points after spending $1,500 within the first 90 days is a great incentive for new cardholders. This bonus can be redeemed for travel, merchandise, or other rewards.
4. Travel Perks: The card provides up to $100 annual travel experience statement credit and a $100 statement credit for TSA PreCheck® or Global Entry® fee every four years, adding value for frequent travelers.
5. Fraud Protection: Enjoy peace of mind with robust fraud protection features, ensuring that your transactions are secure and monitored for suspicious activity.

Cons:

1. Annual Fee: The card comes with a $195 annual fee, which may be a deterrent for some potential cardholders. It’s essential to evaluate whether the rewards and benefits justify this cost.
2. No Introductory APR: Unlike some other credit cards, the Enjoy Beyond card does not offer an introductory 0% APR period on purchases or balance transfers. This could be a disadvantage for those looking to finance large purchases or transfer existing balances.
3. High APR Range: The variable APR range of 18.49% to 27.49% is relatively high, especially if you have a lower credit score. Paying off your balance in full each month is crucial to avoid accruing interest.

Enjoy Beyond from Truist Bank Benefits

Rewards Program

The Enjoy Beyond credit card offers a robust rewards program that caters to frequent travelers and dining enthusiasts. Here’s a closer look at the rewards structure:
– 3x Points on Travel: Earn 3x points per $1 spent on airfare, hotels, and car rentals. This is an excellent rate for travelers who frequently book flights and accommodations.
– 2x Points on Dining: Earn 2x points per $1 spent on dining, including restaurants, cafes, and fast-food establishments. This category is perfect for foodies who enjoy dining out.
– 1x Points on Other Purchases: Earn 1x point per $1 spent on all other eligible purchases. While this rate is standard, it ensures that you earn points on every purchase you make.

Bonus Points

One of the most attractive features of the Enjoy Beyond card is the 30,000 bonus points you can earn after spending $1,500 within the first 90 days of account opening. This bonus can be redeemed for travel, merchandise, statement credits, and more, providing significant value for new cardholders.

Travel Perks

The Enjoy Beyond card offers several travel-related benefits that enhance the overall cardholder experience:
– $100 Annual Travel Experience Credit: Receive up to $100 in statement credits annually for travel-related expenses such as ground transportation, streaming services, and ticket agencies. This credit can offset some of your travel costs and add value to your card membership.
– TSA PreCheck® or Global Entry® Credit: Get up to $100 in statement credits for the TSA PreCheck® or Global Entry® application fee once every four years. These programs can expedite your airport security and customs clearance, making your travel experience more convenient.

No Foreign Transaction Fees

For international travelers, the Enjoy Beyond card’s lack of foreign transaction fees is a significant advantage. You can use your card abroad without worrying about additional charges on your purchases, making it a cost-effective option for overseas spending.

Additional Benefits

– Fraud Protection: The Enjoy Beyond card offers comprehensive fraud protection, including monitoring for suspicious activity and zero liability for unauthorized charges. This ensures that your card is secure and your transactions are protected.
– Payment Flexibility: The card provides flexible payment options, allowing you to manage your payments and balances in a way that suits your financial needs.
– Customer Service: Truist Bank offers reliable customer service, with representatives available to assist you with any questions or issues related to your credit card account.

Conclusion

In conclusion, the Enjoy Beyond from Truist Bank credit card is a solid choice for frequent travelers and dining enthusiasts who are looking for a rewards card that offers generous points on travel and dining purchases. With 3x points on airfare, hotels, and car rentals, 2x points on dining, and a substantial 30,000 bonus points after meeting the initial spending requirement, this card provides excellent value for those who can take advantage of its rewards program.
The card’s travel perks, including up to $100 annual travel experience credit and $100 statement credit for TSA PreCheck® or Global Entry®, further enhance its appeal for travelers. Additionally, the absence of foreign transaction fees makes it an ideal choice for international use.
However, the $195 annual fee and the lack of an introductory APR period may be drawbacks for some potential cardholders. It’s important to carefully consider whether the rewards and benefits outweigh the costs based on your spending habits and financial goals.
Overall, the Enjoy Beyond credit card from Truist Bank offers a compelling package of rewards and benefits for those who prioritize travel and dining in their spending. If you can maximize the card’s rewards and perks, it can be a valuable addition to your wallet.