Starbucks

Starbucks Rewards Credit Card

Application Link 

  • Target Bonus: 4,500 stars
  • Current Bonus: 4,500 Stars
  • Subject to the 5/24 rule

Annual Fee: $49

Earning Starbucks Rewards Stars

  • 3 stars per $1 at Starbucks stores
  • 1 star for every $4 everywhere else.
  • 125 stars= any free drink or food

Card Benefits

  • Starbucks Gold status
  • 8 “Barista Picks” per year (coupon for a specific free food or drink and expires within 30 days)
  • Secondary rental car insurance
  • Extended warranty
  • 120-day purchase protection
  • Trip cancellation insurance.  

Verdict

If you value any free drink at $5, the bonus is worth about $110. For everyday spending, you would earn the equivalent of 12% cashback at Starbucks and 1% back everywhere else. If you value the “Barista Picks” at $4, the other card benefits would have to be worth at least $17 ($49-32 in Barista Picks). If you go to Starbucks every day, the card might be worth it to you. For me, I will stick to my Chase Sapphire Reserve, which earns 3x at Starbucks.