Home Credit Cards Is the Ness Card Right for You?

Is the Ness Card Right for You?

Is the Ness Card Right for You?
Image Source - Ness Card

The Ness Card presents a range of beefed-up rewards that cater specifically to health and wellness expenditures. Along with earning rewards for regular spending, users can benefit from a substantial points boost for engaging in physical activity connected to their iPhone or iPad. This unique feature encourages a healthier lifestyle by rewarding fitness efforts.

Image Source – Ness Card

Unlike traditional credit cards, the Ness Card operates as a charge card. This means that users are required to pay off their balance in full each month, without the option to carry it over. This setup can be advantageous for those who prefer to avoid accumulating debt and want to maintain better financial discipline.

While the Ness Card offers enticing rewards and fitness incentives, it’s important to note that there is an annual fee of $349. This fee is something to consider when evaluating whether the benefits and rewards outweigh the cost, depending on individual spending habits and lifestyle preferences.

Ness Card basics

Annual Fee and Welcome Bonus:

The credit card comes with an annual fee of $349. However, it offers a welcome bonus of 50,000 points to new cardholders. To avail of the bonus, they need to spend $6,000 on purchases within the first 90 days of opening the account.

Rewards and APR:

With this credit card, users can earn rewards on their purchases. They get 5 points for every $1 spent on qualifying health and wellness merchants and 2 points for every $1 spent on all other purchases. One of the significant advantages of this card is that it has no APR. However, if any balance remains unpaid after the due date, a $39 late fee or a 1.99% charge will be assessed.

Perks and Benefits:

The credit card offers various perks and benefits related to health and wellness. Cardholders can enjoy up to $2,950 in credits with different health and wellness merchants and providers. These benefits include a $200 health and wellness spending credit, $120 Elo Health credit, up to a $200 Exhale credit, up to a $200 Fyt personal training credit, up to $180 Glamsquad membership credit, $100 HigherDOSE credit, $80 Jones Road Beauty credit, $789 Lifeforce credit, $96 Magic Spoon credit, 20% off Modern Age, one complimentary injection therapy, $200 Parsley Health credit, $100 Seed credit, $120 SOTO Method credit, $360 sweetgreen credit, and 10% back on wellness coaching.

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Preapproval Tool and Recommended Credit Score:

Although the issuer does not offer a preapproval tool, it does provide pre-qualification options. For those interested in this credit card, it is recommended to have a good to excellent credit score to increase the chances of approval and access to the card’s benefits.

About the Ness Card

The stainless steel Ness Card targets individuals dedicated to their well-being. While it offers generous rewards for health-related spending, the annual fee of $349 might deter some potential applicants.

In return for the annual fee, the card provides a wide range of credits for spending with health and wellness partners, potentially adding up to $2,000 annually. Additionally, new cardholders can earn 50,000 points by spending $6,000 on purchases within the first 90 days of opening the account. Furthermore, there’s a $200 “annual healthy” credit for those who spend $200 on health and wellness products or services each year.

One of the card’s strong points is its elevated rewards for spending at qualified medical and wellness merchants, such as those offering medical visits, procedures, lab work, therapy sessions, pharmacy purchases, and dental and vision care. These bonus categories are not commonly seen on other cards.

However, the card might not be the best fit for budget-conscious individuals leading a healthy lifestyle. Most of the higher rewards categories cater to those who spend substantially on high-priced grocery, fitness, food, and wellness products. If you shop primarily at a regular supermarket, even if you prefer organic and high-quality products, you won’t earn rewards at the higher rate. Similarly, if you prefer outdoor exercise over an expensive gym membership, this card may not suit your needs.

Unlike typical credit cards, the Ness Card operates as a charge card and doesn’t have an APR. However, any unpaid balance by the due date will incur either a $39 late fee or a 1.99% charge. Additionally, the card lacks certain protections offered by other cards, such as extended warranty or purchase protection, which could be essential for high-priced exercise or wellness equipment purchases.

Annual credits

The Ness Card offers a variety of annual credits and rewards to its users. For instance, there is a $200 Healthy Spend credit that can be used for purchases at participating health and wellness merchants. Additionally, users can earn 20,000 points for engaging in healthy activities, with the opportunity to earn up to 56 points per day through activities recorded on their iPhone or iPad.

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There are also specific credits for purchases at various partners. For example, the card provides a $360 annual credit for sweetgreen purchases, allowing users to get $15 back up to 2 times a month when they spend $75 a month at sweetgreen. Furthermore, there is a $100 annual credit at Seed, with $25 in statement credits available each quarter for purchases made at the Sustainable Refill Program at Seed.

For health-related services, the Ness Card offers a $300 credit for a Parsley Health membership. Users can earn $25 in statement credits each month for a full-price Parsley Health membership or opt for a $300 credit for a full-price annual Parsley Health membership. Another health-focused credit is the $100 credit at HigherDOSE, with up to $100 in statement credits available annually for HigherDose purchases.

For those interested in fitness, there is a $200 credit for Fyt expenses. Users can earn up to $100 in statement credits every six months for Fyt personal training sessions. Moreover, there is an $180 credit for Glamsquad membership, offering $15 in statement credits each month for a full-priced monthly Glamsquad membership.

The Ness Card also provides credits for various other services and purchases. For example, users can earn a $590 credit for Lifeforce purchases, with $20 in statement credits available each month for a new or existing Lifeforce membership. Additionally, using the Ness Card for a $350 Lifeforce diagnostic test will grant an additional statement credit.

Other credits include $120 for SOTO Method classes, $120 for Elo Health purchases, and $80 for Jones Road purchases, each with different redemption options and statement credit amounts. Moreover, there are several percentage-based discounts available, such as 20% off eligible Modern Age treatment purchases, 20% off a new or annual Obé subscription, 10% back in statement credits for Ness Preferred Provider coaches, and a 15% discount for a one-time Previnex purchase and 25% off Previnex subscriptions.

Lastly, the Ness Card offers a $96 credit at Magic Spoon, allowing users to earn up to $8 in monthly statement credits for Magic Spoon purchases.

With such an extensive range of credits and rewards, the Ness Card provides significant value and benefits to its users across various health, wellness, and lifestyle categories.

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Ness Card rewards potential

Americans are increasingly investing in wellness, amounting to more than $450 billion annually, as per research from McKinsey & Company.

To assess the potential benefits of the Ness Card, we conducted an analysis based on data collected from various researchers. By considering government data and publicly available information, we approximated that the average household in the U.S. eligible for the card has an annual income of $84,352 and total expenses of $25,087 that they could potentially charge to a credit card.

With the Ness Card in hand, a cardholder in this demographic could enjoy the following rewards:

The Ness Card offers opportunities for individuals to earn rewards on health and wellness purchases. McKinsey & Company’s research indicates that Americans are spending over $450 billion annually on wellness.

To gauge the potential earnings of the Ness Card, we gathered data from various researchers, including government sources. Based on this information, we estimated that the target market for this card comprises households with an annual income of $84,352 and expenses of $25,087 that could be charged to a credit card.

Considering these figures, the potential rewards a cardholder could receive with the Ness Card are significant.

Health and fitness*$6,0365 points30,180 points
Groceries$4,9425 points24,710 points
Dining$2,0105 points10,050 points
Other$12,0992 points24,198 points
TOTAL$25,08789,138 points
According to sports nutrition company ATH , the average American spends around $503.05 a month on health and fitness, or $6,036.60 a year.

Should you get the Ness Card?

The Ness Card is designed for individuals who prioritize their health and well-being. It offers rewards for various healthy lifestyle choices and purchases, including medical, pharmacy, recreation, and sporting goods expenses. For health enthusiasts who can make the most of the offered credits, this card could be a perfect fit.

However, it’s important to note that the Ness Card comes with a substantial annual fee. Despite this, if you can maximize the benefits and credits, the cost may be justified. One key point to keep in mind is that it functions as a charge card, necessitating full payment of the balance each month. Carrying over a balance would result in additional charges.

On the downside, the Ness Card lacks some common benefits found in no-annual-fee cards. These benefits include purchase protection, extended warranty, and cellphone protection. As a result, it might be wise to use a different card that provides these additional protections for certain purchases.

Ness Card summary

Annual fee$349
Rewards5 points per $1 on qualifying health and wellness merchants and 2 points per $1 on all other purchases
Welcome bonus50,000 points after spending $6,000 on purchases in the first 90 days of account opening
APRThis charge card has no APR, however any balance that is not paid by the due date will be assessed a $39 late fee or a 1.99% charge
Other perks and benefits$120 Elo Credit, $200 Exhale Credit, $200 Fyt personal training credit, $180 Glamsquad membership credit, $200 Health Spend credit, $100 HigherDOSE credit, $80 Jones Road Beauty credit, $590 Lifeforce credit, $96 Magic Spoon credit, 20% off Modern Age and complimentary injection therapy, 20% Obé offer, $200 Parsley Health credit, 15% Previnex offer, $100 Seed credit, $120 SOTO Method credit, $360 sweetgreen credit, 10% wellness coaching offer and more