The Rove credit card is set to revolutionize the travel rewards landscape by being the first travel credit card to approve users without a credit history. With a $0 annual fee, it utilizes nontraditional underwriting methods, going beyond just credit scores to assess applicants' financial responsibility. This innovative approach allows younger individuals and those with poor credit to access travel rewards that were previously out of reach. The card will offer generous rewards, including 3 points per $1 spent on travel booked through Rove's portal and 2 points on all other purchases. Users can redeem points across 13 airline partners and one hotel program, with potential values ranging from 0.75 cents to 3 cents per point depending on how they choose to redeem. Additionally, Rove plans to introduce an AI travel agent, “The Rover,” to assist users with travel planning and maximizing their rewards. The card will be available to select waitlist applicants starting December 2024.
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