Credit Cards

Category Archives for Credit Cards.

Barclays US Airways MasterCard holders: did you get a 50% bonus?

by Harlan 5 Comments

Very cool. Barclays is offering a 50% bonus on all spend for March through June for up to $20,000 in spend. This equates to 1.5 miles per dollar, which is a pretty nice rate of return for an airline cobranded card.

I value all my miles at 2 cents per dollar, so this is effectively 3% back if you value your miles the same way. At 1.5 miles per dollar, this matches what you’d earn by meeting the minimum transactions on an Amex EveryDay card for non-bonused spending, and obviously exceeds cards where you only earn one mile or point per dollar

With the merger between American and US Airways happening quickly, these miles will be incredibly useful on American pretty soon.

I’ll still give preference to my cards with category bonuses (groceries on the Chase Freedom this quarter, phone bill on the Chase Ink Plus, etc.), but will probably filter some spend onto this card after I max out the bonus I recently got on my US Bank Club Carlson Visa, which also begins in March – and it’s great to see credit card companies rewarding ongoing spending!

To check if you were targeted look under “Barclaycard extras” after you log in to the Barclays website:

The offer will show up here, if you're targeted

The offer will show up here, if you’re targeted

Then just check the box and click “Submit” – easy peezy.

Screenshot 2015-02-25 00.52.19

I’m just happy I made a screenshot before I clicked

Boom - enlarge to read T&Cs

Boom – click to enlarge to read T&Cs

Bottom line

It seems like a lot of US Airways MasterCard holders are being targeted for this offer without regard to account age, so if you’re new to the card or have had it for a while, it might be worth checking.

Were you targeted for this bonus? Will it encourage you to shift spend over to this card for a while? 

HT to Frequent Miler.

Targeted Club Carlson Visa Promo: 6 points per dollar in March and April

by Harlan 9 Comments

Screenshot 2015-02-23 16.18.04A really cool promo with some very confusing wording is being offered to select US Bank Club Carlson Visa cardholders.

It’s no secret that I love Club Carlson points. It’s probably my favorite hotel chain for collecting and redeeming points, alongside Hyatt. I use my Club Carlson Visa quite a bit – in fact, I’d argue that it’s one of the best cards for everyday, non-bonused spend as it earns 5 points per dollar on every purchase.

I use the card quite a bit already, so it’s not like I need to be incentivized to use it more, but all the same, I got targeted for a new promo where I can earn up to 2,000 bonus Gold points during March and April.

Le offer email

Le offer email

That’s nice and all, but you have to unravel some really squirrely language in the T&Cs:

T&Cs (click to enlarge)

T&Cs (click to enlarge)

OK, so here’s how I’m interpreting this (sorry, it’s been a really long day and my brain is mush):

You have to spend on the card $1,900 to “unlock” the bonus points. After that, the next $2,000 spent on the card will earn 6 points per dollar. And after that, you go back to the normal 5 points per dollar.

Is this right? Is it just me or is this some seriously roundabout wording?

Bottom line

I’m glad to see US Bank stepping up their offerings (and this is a great article about how to get a free checking account + $100 for putting $1,000 in a savings account with US Bank) and offering some bonus points, even to customers who regularly use the card.

Getting past the initial $1,900 shouldn’t be too hard, and then the other $2,000 will be pretty easy as well – but I won’t let this card touch my new, re-virginized Serve account. I’ve had luck buying PayPal cards with the Club Carlson Visa at CVS as well as using it for Evolve Money payments while they were accidentally free for a sec (and still are until tomorrow, presumably).

I’ve added a reminder in my Evernote account to switch out my cards on March 1st, as I’m focusing my spend on other cards right now.

Was anyone else targeted for this offer, or perhaps for another one? Would love to know if there are any variations on this promo.

I broke down and got the Chase IHG Rewards Club credit card

by Harlan 16 Comments

a beach with palm trees and a pool

Update: The version of the Chase IHG card described below is NO LONGER AVAILABLE. Check here for the latest card deals. 

Yes, I fell in a moment of weakness.

Chase has been targeting me relentlessly for months about opening up a dang IHG credit card with them.

With regularity, I get these emails:

Chase IHG targeted email

Chase IHG targeted email

They interested me for a number of reasons:

  • I have no status with IHG
  • I don’t have any paid stays within the past 2 years
  • My only stays have been reward stays
  • I only had 550 “orphan points” that have been sitting there forever
  • I already have 5 open credit cards with Chase – why are they trying to push a 6th one so hard?
The emails from Chase

The emails from Chase

I got this email in September, October, November, December, and January. I probably would’ve gotten one in February too – six months in a row – had I not pulled the trigger.

Why I got the IHG credit card

Read More

Smart Debt: Is carrying a balance ever a good idea?

by Harlan 12 Comments

Ahem: text-heavy post ahead!

The toolbox

The toolbox

Recently, I was talking to a friend about getting the Airbnbs up and going. We were weighing the pros and cons of charging the upfront costs (~$7,000) to a credit card and carrying the balance until the business became profitable – usually 1-2 months in this case.

He said, yes, of course it’s worth it. It’s “smart debt.” 

smart debt

Let me think about that…

It got me thinking about this hobby and all the points and miles we love to earn.

The points and miles cards we all hold earn us, obviously, point and miles. But, beyond that, they are important financial tools. Your credit is one of your most important assets, and I feel no one talks about the credit cards as an avenue for anything beyond earning points and miles – and that avenue is great – but by extending us credit, the banks open up other opportunities for us.

Now, in starting up my side hustle, there was no way I wasn’t going to run all the expenses through a points or miles card, but I’d never considered the idea of not paying it back at the end of the billing cycle. I’m of the mindset of never paying a dime of interest – but is it OK, in certain situations, to carry a balance?

Smart debt

Read More

5% cash back promo from Fidelity Amex – up to $25

by Harlan 4 Comments

Who says the Fidelity American Express doesn’t ever have bonus offers?

a screenshot of a credit card

Fidelity 5% cash back categories

Now, admittedly, this isn’t an earth-shattering bonus. It’s only offers a bonus for travel-related categories, and only up to $500 in spend until March 31st, 2015.

But, enrollment is easy (literally one click), and it seems like they’re targeting a lot of their cardholders for this.

A quick comparison

Read More

Barclays no longer approving 10K Anniversary Bonus for non-preferred members

by Harlan 1 Comment

That… was a long title.

My partner applied for the Barclays US Airways Premier World MasterCard on December 14th – the version that offers a 10,000 mile anniversary bonus for each year of card membership. He found out today, January 15th, that he was denied.

Reason? No Preferred Status with US Airways.

Here is the letter they sent him today:

Rejection letter from Barclays (click to enlarge)

Rejection letter from Barclays (click to enlarge)

The kicker is that I applied for the offer in early December when it was 40,000 miles after first purchase and with the 10,000 mile anniversary bonus and got an instant approval. Shortly after, Barclays even bumped my bonus to 50,000 miles and deposited an extra 10K Dividend Miles into my account. I have no status whatsoever with US Airways.

Here’s the new offer with 50K miles after first purchase and 10K anniversary miles…

...but don't touch it if you don't have status!

…but don’t touch it if you don’t have status!

Bottom line

More of a cautionary tale than anything, and I didn’t want anyone to miss out on the current referral bonus (that runs until January 18th) over the allure of the 10K bonus… because if you don’t have any type of status with US Airways, you’ll most likely be denied.

Interesting to note that the letter explicitly mentions that the credit wasn’t even ran. They must’ve detected the status level via the Dividend Miles number and instantly rejected it. Also interesting that it took them over a solid month to get the decision letter out. Transitions indeed.

Anyway, if anyone would like to be referred to the current 50K offer, I have some invites left. Just shoot me an email at zynner@gmail.com and I’ll get it to you.

If and when the card is upgraded to the Barclaycard AAdvantage® Aviator™ Silver World Elite Mastercard®, you’ll get Global Entry fees reimbursed.

But no transaction fees, effective immediately, even with this one. And any spend you put on it will carry over if/when you upgrade to Aviator Silver.

Consider this a data point as well as a further glimpse into everything that’s going into this merger.

(I also love when my “bottom lines” are longer than the actual text of the article. Just love that.)

What’s in my wallet? (Evaluating credit cards and travel goals)

by Harlan 3 Comments

As I begin to figure out my points and miles strategy for 2015, I thought it would be helpful assess what I currently have in my wallet.

Pre-warning: this is a very text heavy post. No pretty pictures to look at, just a whole lotta straight talk (1,200 words worth).

By bank:

American Express

  • Platinum Card
  • EveryDay Preferred

I just got a new Platinum Card in hopes that I’ll actually get a bonus for opening it – but I’m not holding my breath. In any regard, I already cashed in the $200 in airline incidentals on AA gift cards in 2014 and will do so again this year, so I will make back most of the annual fee right away.

I occasionally use Priority Pass Select on lounge visits that would otherwise be $50 a pop, and love dipping into the Centurion Lounges where I easily drink over $50 in cocktails alone (not to mention the spa treatments).

I also have utilized the Fine Hotels & Resorts program a time or two, and really love the near-constant Amex sync offers. So, I’m keeping it.

As for the EveryDay Preferred… it really has become by “EveryDay” card – I use it constantly and get 1.5-4.5x Membership Rewards points on everything I buy, which is pretty sweet. The earning is decent for non-bonus spend and is great for groceries, gas, and even more sync offers. (Email me if you’d like a referral to this card!)

If only Amex would up the points-earning power of the Platinum Card, I might actually put a buck or two of spend on it.

Barclaycard

Read More

Barclays bumped my US Airways card bonus to 50K miles!

by Harlan 4 Comments

Last week, I finally bit the bullet and got the US Airways MasterCard with 40,000 bonus miles after first purchase and payment of the annual fee.

I made my first purchase, and then the annual fee hit. I paid it. And while waiting for my 40K miles, I saw that a new, better offer had come swimming along: 50,000 bonus miles after first purchase and payment of the annual fee.

Grrr. Hate when that happens.

Now, in the past, Chase has always been so kind about things like this. I wanted to see if Barclays would match me to the new 50K offer.

I spent maybe 2 minutes logging into my account and writing them an email.

Screenshot 2014-12-08 23.34.26

They replied with a few hours and said they would match me! Here is what I wrote them and their reply:

Screenshot 2014-12-08 10.15.38

How cool is that? I wrote on the night of 12/4, got a reply back on 12/5, and guess what happened on 12/6?

Screenshot 2014-12-08 11.31.51

Bottom line

I value all my points and miles at 2 cents each, so this extra 10,000 miles is worth $200 to me. It’s almost enough for a free domestic one-way or 1/3 of a round-trip off-season award ticket to Europe or South America (when they eventually become AAdvantage miles). Not bad for typing a few sentences and asking.

Sometimes the best way to get points and miles is simply to ask for them. If you’ve gotten this card recently (past ~90 days), it’s worth a shot to get an extra 10K miles. Anyone else been able to bump their bonus?

Cut the Crap: The Fidelity Investment Rewards Credit Card is THE BEST cash back card!

by Harlan 11 Comments

a graph of a credit card purchase
Fidelity-Amex

You da best

Had to get this off my chest.

There’s always a lot of talk in the points and miles world about which cashback card is “the best.” The speculation is constant, rampant.

  • Bank of America recently introduced a card where one could get 2.65 points per dollar so long as they dump $100,000 into an investment account.
  • The Barclaycard Arrival always gets mentioned because it’s an effective 2.22% cashback on travel purchases.
  • Citibank has a new one too: the Citi Double Cash card.
  • Freedom gets a mention due to its rotating 5% categories, which yes, is a good deal, and yes you can cash it out (but keep them for Ultimate Rewards transfers!).
  • Then there’s the Fidelity Investment Rewards Amex.

Why it’s the king

Read More

Club Carlson-ing my way through Europe

by Harlan 6 Comments

<3

<3

In the middle of Eurotrip 2014, I had a moment where I was like, OMG, I’m staying exclusively at Club Carlson properties (except for one night at the Grand Hyatt Berlin).

So the news that US Bank, issuer of the Club Carlson Visa, may be imposing cash advance fees for Serve reloads was disconcerting. And now that Amazon Payments is over, too… I don’t know what I’ll do to manufacture spend now. This is a hot topic in the points and miles community, and there is some speculation about the new REDcard and possible changes to Serve. In any case, I am looking forward to the next step because I do think the Club Carlson Visa is a very good card to focus on for day-to-day, non-bonused, or manufactured spend.

I couldn’t have done Eurotrip 2014 without that card.

How I did it

Read More

My Barclaycard Arrival Plus World Elite MasterCard Retention Offer

by Harlan 4 Comments

Also see: Rom’s Deals take on a retention offera credit card with text and images

Oh man, I have so much to tell you guys about. The trip to Paris, BA lie-flat biz class, and thoughts about Amex, interest charges, and assorted travel fun. But first things first.

The sitch

I think I mentioned that I bought a couple of Amex gift cards via the Barclaycard RewardsBoost portal before. Anyway, I did. I bought two for $1,000 each. The first time, I paid $8.95 in shipping and activation fees, while the second time, I didn’t (I signed up for a 90-day trial of the premium shipping plan). Before buying, I made sure to click through the RewardsBoost portal given by my Arrivalcard. Then I waited for 8 weeks.

Nothing.

I bought other things through the portal too, from J. Crew and drugstore.com. Those all posted fine.

I am now well-dressed

I am now well-dressed

But I was still waiting on eight thousand points to post worth over $88 in travel redemptions (4x points x $2,000 of spend).

Then, somewhere along the line, I got hit with the $89 annual fee and was sent a new Arrival Plus World Elite MasterCard.

The “in”

After 8 weeks passed, I gave ol’ Barclays a WTF call. 8,000 points isn’t a ton of points, but it also ain’t nothin’. I gave them my Amex order numbers and the exact amounts of the purchases. They’ve promised to post the missing points in the next 7-10 days.

Then, right after, I mentioned how the annual fee had just hit and asked if there was any way I could continue evaluating the card fee-free due to the recent error and subsequent over-two-month wait in getting points posted.

At that point, I was transferred to a manager.

I explained that I’d been waiting for over 8 weeks on some points, had just received a new World Elite MasterCard, and was still a little on the fence about where to direct the bulk of my spend. I mentioned using the card recently on a trip to Paris, and how I would’ve normally given that spend to Chase instead.

The agent reviewed my account, reviewed my recent spend, and then really impressed me. She waived the $89 annual fee, said she’d personally follow up on the missing 8K points, and gave me an additional 5,000 points for the trouble. I had a moment where I was so impressed with the customer service that all I could say was “Wow.”

Why I think I was offered this

The “in” was the trouble with the portal points posting. BUT, I have been using the Arrivalcard for regular spend. Barclays is a bank that really values engagement with their products. I’ve had a card with them for over 7 years now (the ill-fated Icelandair MasterCard), and made sure to ramp up the spending on the Arrivalcard to demonstrate my willingness to have a banking relationship with them. Their motto is very literally “show me the money.”

Knowing this, I also think they would’ve said they couldn’t waive the fee had I not spent anything on the card in the previous six months. The points trouble was my “in” but the relationship was the kicker.

I really value that. I like knowing that they want my relationship and that they’ll take care of me for giving them my loyalty.

Bottom line

Barclays offered to fix their error, bounced me 5,000 points for the trouble, and waived the $89 annual fee on the new Arrivalcard World Elite MasterCard  – just for making a phone call. They are a bank that looks for relationships with the customers, and in the end, I have to say I really respect them for the way they treated my (very minor) issue.

I’m super impressed by this level of customer service and will definitely be funneling some of my non-bonused spend through this card, especially in conjunction with their super lucrative RewardsBoost portal (and definitely when they offer 4x points on Amex gift cards).

Has anyone else gotten an offer like this? Or had any experiences with Barclays lately?