UPDATE: The offer for the Business Gold Rewards Card from American Express OPEN is expired. You can find the best current offer here.
This has been a rather boring year on the credit card front so far, with very few new or promotional offers out there. Chase continues to have some great offers, though it’s also where we’re most limited in terms of the number of new cards we can sign up for. There are about a dozen Chase cards I’d like to get, but I’m taking it slow since Chase isn’t really an issuer with which you can consistently pick up five new cards per year.
That being said, there have at least been a few good non-Chase offers that I’ve mentioned lately, so I figured I’d recap them, because they’re all recently increased or promotional and likely not around to stay:
This card ordinarily doesn’t come with any sign-up bonus, though at the moment is offering a sign-up bonus of 30,000 Membership Rewards points after spending $5,000 on the card within three months. While the annual fee on the card is $175, it’s waived for the first year. Back in the day Membership Rewards points used to be extremely easy to earn, though nowadays the sign-up bonuses are consistently lower than they used to be, and there are also fewer ways to earn them.
And I’m actually valuing Membership Rewards points more again given that they’re the easiest currency to use for bookings in Singapore Airlines Suites Class, which is one of my favorite products in the world. Also keep in mind that Membership Rewards frequently has transfer bonuses to their partner programs. For example, right now they’re offering a 35% transfer bonus to British Airways Executive Club, meaning 50,000 Membership Rewards points gets you 67,500 British Airways Avios.
The sign-up bonus on this card was recently increased to 40,000 points after spending $3,000 within first 90 days. The annual fee on the card is $89, though it’s waived for the first year. This is about as good as cash back travel rewards credit cards get. You earn two points per dollar spent, and each point can be redeemed for one cent of value towards the cost of travel. Best of all you get 10% of your miles back whenever you redeem for travel, essentially making this a 2.2% cash back travel rewards card.
If nothing else the sign-up bonus on this card is worth $440 in travel. I recently wrote a post asking how much of a reward you guys need to apply for a credit card. My personal threshold is a $400 reward, and this card passes that threshold. And quite honestly that’s pretty tough to do consistently nowadays for those of us that have been in the game for a while. Lastly, keep in mind that many Barclay credit cards are churnable, so I suspect that’s also the case with this card.
This card offers a 25,000 point sign-up bonus upon approval, and an additional $100 statement credit after spending $1,000 within 90 days. The card does have an annual fee of $75, which isn’t waived for the first year. Another benefit of the card is that you get a $99 coach companion certificate valid for travel on Alaska. The card is also churnable, so you can earn the sign-up bonus on this card multiple times. Alaska partners with Emirates, so it’s one of the few ways to redeem miles for an onboard shower.
Anyway, just figured I’d recap those three bonuses that I’ve recently covered, as I’m getting at least two of the three in a credit card churn later this week.