Our Verdict

Our Verdict

The Synchrony Premier World Mastercard® offers an unlimited 2% cash back on eligible purchases. Though this card doesn’t offer much else in the way of benefits, welcome bonuses or low intro APRs, the card is likely a viable option for those who can qualify.

Synchrony Premier World Mastercard®
Apply Now
On Synchrony Bank's Website
3.6
Our ratings take into account the card’s rewards, fees, rates along with the card’s category. All ratings are determined solely by our editorial team.
Welcome Bonus
N/A
Annual Fee
$0
Regular APR
19.24% - 34.99% Variable APR as of April 30, 2024
Credit Score
Good, Excellent

Pros

  • 2% cash back with no categories or caps
  • No annual fee

Cons

  • No intro APR or welcome bonus
  • 3% foreign transaction fee

Highlights

  • 2% cash back* on every purchase–no categories, tiers, or limits–no kidding.
  • No annual fee^
  • Zero Liability Protection
  • Secure online and mobile app account access
  • Get more out of every day purchases — earn 2% cash back with your Synchrony Premier Card. No complicated math or rewards categories to remember.
  • Plus, you’ll also gain access to additional key benefits like identity theft protection, money-saving discounts, and concierge travel planning support.
More Highlights
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
N/A

Synchrony Premier World Mastercard Introduction

With unlimited 2% cash back on eligible purchases and no annual fee, the Synchrony Premier World Mastercard® doesn’t offer many other benefits, save the standard World Mastercard benefits which include $0 fraud liability and ID theft protection.

The flat-rate 2% cash-back card has many competing cards in the field. In the case of the Synchrony Premier World Mastercard, it falls flat compared to its peers, several of which offer a more robust slate of benefits along with the rewards rate.

Why you can trust Forbes Advisor

Our credit card editors are committed to bringing you unbiased ratings and information. Our editorial content is not influenced by advertisers. We use data-driven methodologies to evaluate financial products and companies, so all are measured equally. You can read more about our editorial guidelines and the credit card methodology for the ratings below.

  • 210 Credit Cards Ranked
  • 28,000 Data Points Collected
  • 5 Levels of Fact-Checking
  • 95 Categories Considered

Featured Partner Offers

Citi Double Cash® Card
On Citi's Website
Welcome Bonus
Earn $200 cash back
Annual Fee
$0
Credit Score
Excellent, Good, Fair
Regular APR
19.24% - 29.24% (Variable)
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
Chase Freedom Unlimited®
On Chase Bank USA, NA's Website
Welcome Bonus
Up to $300 cash back
Annual Fee
$0
Credit Score
Excellent, Good
Regular APR
20.49% - 29.24% Variable
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.

Quick Facts

  • No annual fee
  • Unlimited 2% cash back on eligible purchases
  • Identity theft protection benefit through Mastercard World benefits

Synchrony Premier World Mastercard Credit Card Rewards

Earning Rewards

The Synchrony Premier World Mastercard earns an unlimited 2% cash back on eligible purchases automatically.

Redeeming Rewards

Cash-back rewards earned with Synchrony Premier World Mastercard are redeemed automatically within two billing periods as a credit toward the card balance.

Rewards Potential

To determine the reward potential of the Synchrony Premier World Mastercard®, we consider what an average household might spend on a credit card each year. Forbes Advisor uses data from various government agencies to determine baseline income and spending averages across various categories. The 70th percentile of wage-earning households brings in $118,438 annually and has $39,337 in annual expenses that can reasonably be charged to credit cards.

Synchrony Premier World Mastercard® Rewards Potential

Category Earning Rate Estimated Annual Spend Estimated Annual Earnings
All Purchases
2%
$39,337
$787.54
Total: $787.54 in cash back

At 2% cash back, the Synchrony Premier World Mastercard would earn $787.54 cash back each year.


Other Synchrony Premier World Mastercard Credit Card Benefits

  • $0 fraud liability. Cardholders aren’t responsible for unauthorized charges.
  • World Mastercard benefits. Get access to an array of concierge and convenience-related benefits available through the World Mastercard program.

Fine Print

Interest Rates

  • Regular APR: 19.24% - 34.99% Variable APR as of April 30, 2024
  • Purchase intro APR: N/A
  • Balance transfer intro APR: N/A

Fees

  • Annual fee: $0
  • Balance transfer fee: $10 or 4% of each transfer, whichever is greater
  • Foreign purchase transaction fee: 3%

How the Synchrony Premier World Mastercard Credit Card Stacks Up

Synchrony Premier World Mastercard® vs. Citi Double Cash® Card

The Citi Double Cash® Card also earns an unlimited 2% cash back on all purchases—1% when purchases are made and another 1% when they’re paid off. Rewards are issued as ThankYou Points which can be redeemed as cash back at a rate of 1 cent per point. Unlike the Synchrony Premier, the Citi Double Cash requires redeeming rewards instead of offering automatic redemption.

The Citi Double Cash offers one of the most impressive low APRs on the market for balance transfers. It offers a 0% intro APR on balance transfers for 18 months. After that, the standard variable APR will be 19.24% - 29.24%, based on creditworthiness. An intro balance transfer fee of either $5 or 3%, whichever is greater, applies to transfers completed within the first 4 months of account opening. After that, the fee will be 5% of each transfer (minimum $5). For those trying to also consolidate credit card debt, the Citi Double Cash is hard to beat. For cash rewards, these two cards are a match.

Synchrony Premier World Mastercard® vs. Wells Fargo Active Cash® Card

The Wells Fargo Active Cash® Card also offers 2% cash rewards on purchases, but unlike the Synchrony Premier, it offers a welcome bonus: Earn $200 cash rewards bonus after spending $500 in purchases in the first 3 months.

The card also offers a 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers, then a 20.24%, 25.24%, or 29.99% variable APR applies. Balance transfers made within 120 days qualify for the intro rate and fee of 3% (min. $5) then a fee of up to 5% (min. $5) applies. 

Because the Active Cash also offers cellphone insurance, we believe it’s likely a better choice than the Synchrony Premier for those who would use this feature.

Synchrony Premier World Mastercard® vs. Chase Freedom Flex®

For those skeptical of a flat-rate card and wondering what other earning structures exist, the Chase Freedom Flex® may be worth exploring. The Freedom Flex offers 5% cash back on up to $1,500 in combined purchases in categories that rotate quarterly (requires activation), 5% cash back on travel purchased through Chase Travel℠, 3% cash back on dining and drugstores and 1% cash back on all other purchases. This structure may work for some, but those who have the brainpower to keep track of bonus categories should consider applying for both cards to boost earnings even further.

The Chase Freedom Flex’s extra benefits, like purchase protection, trip interruption insurance and extended warranty coverage also offer a wider array of benefits. The Freedom Flex card also offers cellphone protection with an $800 per-incident coverage maximum. The Freedom Flex offers a welcome bonus: Earn $200 bonus after spending $500 on purchases in the first 3 months from account opening.


Is the Synchrony Premier World Mastercard Credit Card for You?

The Synchrony Premier World Mastercard® isn’t the best 2% cash-back card out there, but as a 2% cash-back card it’s worth looking into. Flat-rate, unlimited 2% cash-back cards make earning rewards on your spending easy and this card is no exception. But those looking for more benefits and other features like a low APR, consider a different 2% cash-back card instead.

Best 0% APR Credit Cards Of 2024


Methodology

Forbes Advisor considers a variety of criteria when assigning credit cards a rating. Cards are graded based on numerous factors, including:

  • Annual fees
  • Welcome bonus offers
  • Ongoing earning rates
  • Value of individual rewards
  • Included travel or merchant credits
  • Additional cardholder benefits

Card features we expect cardholders to use the most often are weighted more heavily in our ratings. Altogether, the factors come together to provide a star rating for each individual card.

To learn more about our rating and review methodology and editorial process, check out our guide on how Forbes Advisor rates credit cards.

*2% cash back is valid on net purchases (less credits, returns and adjustments) of goods and services made with a Synchrony Premier World Mastercard. Cash back earned will be applied as a statement credit within 2 billing periods after an eligible purchase is made, if the account is open and in good standing. See Rewards Terms for details. We reserve the right to modify features of the Cashback Program at any time.
^NO ANNUAL FEE: New Accounts as of April 30, 2024: Variable Purchase APR 19.24%, 28.24%, or 34.99%. Variable Bal Trans APR 19.24%, 28.24% or 34.99% and 4% Fee ($10 min). Variable Cash APR 22.24%, 31.24% or 37.99% and 5% Fee ($10 min). Variable Penalty APR 29.24%, 38.24% or 39.99%. Minimum Interest Charge is $2. Foreign transaction fee: 3%.