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The Alliant Cashback Visa Signature card has removed the annual fee (previously $ 59) and now offers 2.5% cash back on up to $ 10,000 in purchases a month ($ 120,000 a year) with no annual fee. Once the $ 10,000 per month limit is reached, additional purchases will earn 1.5% cash back.

In order to qualify for the Tier One (2.5%), credit union members must have an Alliant checking account, sign up for electronic statements, maintain a $ 1000 average balance in the checking account, and receive at least one electronic deposit per month.