Cardless Cleveland Cavaliers Credit Card Review

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The Cardless Cleveland Cavaliers card has no annual fee and earns 4 points per dollar on Cavs tickets and concessions and 3 points per dollar at bars and restaurants. Plus a 10% discount at the Cavs Team Shop.

However, this card has recently undergone some negative changes, including Cardless reducing the welcome bonus from 30,000 points to 5,000 points, eliminating 5x points on streaming, and eliminating 3x points on groceries and food delivery.

Cardless Cleveland Cavaliers
  • 5,000 Points Welcome Bonus After Spending $500 in the First 3 Months
  • 4x Points on Cavs Tickets and Concessions
  • 3x Points at Bars and Restaurants
  • 10% off at Cavaliers Team Shop
  • No Annual Fee & No Foreign Transaction Fees
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Welcome Bonus of 5,000 Points

Cardless is offering a welcome bonus of 5,000 points (worth at least $50) when you spend $500 in the first 3 months.

This card previously had a welcome bonus of 30,000 points (worth $300), so I recommend waiting for a higher bonus to return. Or get one of our recommended cards below, which is a better option.

Earning Points

The Cardless Cleveland Cavaliers card earns points at the following rates:

4 points per dollar on all Cavs tickets purchased from the Cavs or SeatGeek.

4 points per dollar on Rocket Mortgage Fieldhouse concessions.

3 points per dollar at bars and restaurants.

1 point per dollar on all other purchases.

Redeeming Points

Avid fans can redeem points for gift cards, sports items, experiences, and more: 

Gift Cards – You can redeem your points at 1.25 cents each for Fanatics gift cards for Cavs gear. For example, 40,000 points get you a $475 Fanatics gift card. 

Statement Credits – Redemption is at 1 cent per point for statement credits. For example, you’ll get $400 in statement credits for 40,000 points. 

Sports Items and Experiences – You can get team-signed merchandise like an autographed Kevin Love jersey or an autographed Larry Nance, Jr. jersey for 30,000 points each. You even have the chance to meet your favorite player or be an honorary benchwarmer. Getting a shot at these exciting in-season experiences certainly makes the Cleveland Cavaliers Card a lot more appealing to fans. 

Donation – Cardless gives you the option to donate to the Cavaliers Community Foundation at 1 cent per point.

Cardless Cleveland Cavaliers Jerseys

Cavaliers Card Benefits

No Annual and Foreign Transaction Fees

Cardless offers nice perks and rewards without charging an annual fee, late payment fees, or foreign transaction fees.

Cardless No Fee

10% Off Merchandise at the Cavaliers Team Shop

Show your solid support as the number one Cavs fan with official Cleveland Cavs jerseys and tees. You’ll receive a 10% statement credit for all eligible purchases at the following: 

  • Cavaliersteamshop.com
  • Cavaliers Team Shop at Rocket Mortgage Stadium

Referral Bonus

If you like the Cleveland Cavaliers Card, you can refer a friend and earn 10,000 points if they’re approved.  

You’ll get referral bonus points if your friend applies for any Cardless credit card, including the New Orleans Pelicans, Miami Marlins, Manchester United, Liverpool FC, or Boston Celtics cards.

There is also a maximum number of referrals is 10 per calendar year (100,000 points from referrals). 

Virtual Card for Immediate Online Transactions

All Cardless credit cards come with a virtual card number that you can use right away for online purchases. You can immediately buy your favorite sports merchandise online while waiting for your physical Mastercard to arrive in the mail.

Simply log into the Cardless app to access your virtual card number, expiration date, and digital security code. Cardless is mobile wallet-friendly and compatible with Apple Wallet and Google Pay, so you can use your virtual card anywhere mobile wallets are accepted. 

Pros and Cons of the Cavs Card

Here’s a quick overview of this card’s advantages and disadvantages.

Pros:

  • 4x points on Cavs tickets and concessions.
  • 3x points at bars and restaurants
  • No annual fee and no foreign transaction fees

Cons:

  • Lack of card benefits such as purchase protection, extended warranty, and trip protections.
  • Potential for additional negative changes.

Alternatives to the Cardless Cavaliers Card

Now that you know about this credit card’s various benefits and pros and cons, it’s time to see its alternatives.

Citi Double Cash

$200 Welcome Bonus
Citi® Double Cash Card – 18 Month BT Offer
  • Earn $200 Cash Back After Spending $1,500 in the First 6 Months
  • 2% Cash Back (1% on Purchases, 1% When You Pay)
  • No Annual Fee
Learn More Our Review

The Citi® Double Cash Card – 18 month BT offer boasts a strong 2% rewards rate on purchases, where you get 1% back when you buy and 1% when you pay. 

Plus, for a limited time, you can earn $200 cash back after spending $1,500 in purchases in the first 6 months.

This zero-annual-fee card offers a solid earning potential as long as you pay your balance on time, and it provides a simple way to rack up points with no bonus categories to track. 

Chase Freedom Flex

5% Back in Quarterly Categories
Chase Freedom Flex℠
  • Earn $200 Bonus Cash Back After Spending $500 in the First 3 Months
  • 5% Cash Back in Quarterly Bonus Categories (up to $1,500 in combined spending after activation)
  • 5% Cash Back on Travel Purchased Via Chase
  • 3% Cash Back at Restaurants, Eligible Food Delivery, and Drug Stores
  • Cell Phone Insurance and Purchase Protection
  • No Annual Fee

Click Here to Learn How to Apply

The Chase Freedom Flex℠ is a great no-annual fee card that earns 5% cash back in quarterly categories (up to $1,500 in combined spending) and on travel purchased via Chase Ultimate Rewards.

The Freedom Flex also earns 3% cash back at restaurants, eligible food delivery, and drug stores.

The card also comes with nice benefits such as cell phone insurance, extended warranty, purchase protection, secondary rental car insurance, and trip cancellation/interruption insurance.

Citi Custom Cash

5% Cash Back in Top Category
Citi Custom Cash℠ Card
  • Earn $200 Cash Back After Spending $1,500 in the First Six Months
  • 5% Cash Back on Purchases in Your Top Eligible Spend Category Each Billing Cycle up to $500 (1% after that)
  • 0% Intro APR for 15 Months on Purchases and Balance Transfers ($5 or 5% fee). After that, a variable APR of 16.24% to 26.24% applies.
  • No Annual Fee
Learn More Our Review

The Citi Custom Cash℠ Card is a no-annual-fee card that earns 5% cash back in your top spending category each billing cycle.

Eligible 5% cash back categories include restaurants, gas stations, grocery stores, select travel, home improvement stores, drug stores, select transit, select streaming, fitness clubs, and live entertainment.

This allows you to turn the Custom Cash into your 5% cash back card for gas stations, restaurants, grocery stores, or several other categories.

The Verdict

I am no longer a fan of this card after the recent devaluation. The card used to be a good option with extra points in valuable categories.

Now, I recommend you get another card with better benefits and spending bonuses like the: