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Mastercard
Sallie Mae
Personal · No AF

Sallie Mae Rewards Mastercard

By Alex Compton · Last verified

5 percent on gas, groceries and Amazon-as-books, neutered in 2017.

8.3/10BarclayspersonalSallie Mae Cash Back
DiscontinuedBest for: The 5 percent Amazon workaround

Welcome Bonus

None

Discontinued

Spend Requirement

None

Annual Fee

$0

No FTF

Credit Score

670+

(Good)

Common Questions

Is the Sallie Mae Rewards Mastercard discontinued?

Yes. Discontinued. 5 percent on gas, groceries and Amazon-as-books, neutered in 2017.

What can I use instead of the Sallie Mae Rewards Mastercard?

The closest open alternatives we track are the Citi Strata Premier, Capital One Savor, Bilt Mastercard. Each links to our full review with its current offer and complete breakdown.

Open Alternatives

The Sallie Mae is gone, but these cards do a similar job and are still accepting applications.

Citi Strata Premier card art

3x on five everyday categories. The broadest mid-tier earner.

60,000 pts bonus (≈$1,080)AF: $95Rating: 8.6/10
Capital One Savor card art

3% on dining, groceries, entertainment and streaming. No fee.

$250 bonus (≈$250)AF: $0Rating: 8.5/10
Bilt Mastercard card art
Bilt MastercardBilt Rewards

The only card that earns points on rent with no fee.

Special bonusAF: $0Rating: 8.5/10

Historical Offers Chart

Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.

Sign-Up Bonus (value)Spending Requirement ($)
$0$10$20$30$40$0$0.375$0.75$1.125$1.52015-012017-012019-012021-012023-012025-01Sign-Up BonusSpending Requirement ($)

Last verified 2026-06-11 · spot an outdated offer? Tell us in the comments.

Earning Rates

  • 5xGas stations
  • 5xGrocery stores
  • 5xBookstores
  • 1xEverything else

Credits

No statement credits, this card wins on earn rates, not coupons.

Benefits

  • Amazon gift card reloads at 5 percent through the bookstore category
  • Monthly caps reset 12 times a year instead of quarterly

Why it earns its spot

  • +Triple 5 percent categories on a no-fee card
  • +The 750 dollar monthly bookstore cap made it an Amazon card in disguise

Where it costs you

  • Tight monthly caps limited absolute earnings
  • Replaced overnight by a 2 percent card nobody wanted

The Compound Verdict

The Sallie Mae card paid 5 percent on gas, groceries and bookstores, and since Amazon coded as a bookstore the hobby treated it as a 5 percent Amazon card with a 750 dollar monthly allowance. Barclays stopped applications at the end of September 2016, and on March 1, 2017 existing cards were converted to the forgettable 2 percent Commence Mastercard, later folded into Barclaycard Rewards. Few nerfs were mourned louder.

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