Even though the current news pertaining to Covid-19 isn’t that encouraging, we’re seeing a great deal of movement by credit card issuers. Many people are looking to earn miles and book travel later on once travel opens up. Credit card issuers have almost entered into an arms race with multiple limited time welcome bonuses on many credit cards. Here’s a quick roundup of the stories we covered this week.
Hilton’s co-branded credit cards are currently offering elevated welcome bonuses. You can earn a welcome bonus of 100,000 Hilton Honors points on the no annual fee Hilton Honors credit card. Similarly, the Hilton Surpass Card is also offering a welcome bonus of 150,000 Hilton Honors points, for just a $95 annual fee.
Given the current scenario, many people are looking to cancel their credit cards in order to avoid paying a hefty annual fee. However, you can always call your credit card issuer and politely ask for a retention offer. This post details the tactics that you can use in order to get a lucrative retention offer.
The personal version of the Platinum card is currently offering a welcome bonus of up to 125,000 Membership Rewards points. Similarly, Amex is now offering a welcome bonus of 95,000 Membership Rewards points on the business version of the Platinum card. You’ll earn a welcome bonus of 95,000 Membership Rewards points after you spend $15,000 in the first three months of card membership.
The initial public offer was supposed to expire on November 8. However, I was able to pull up the 80k offer for the Sapphire Preferred Card by using a referral link. This is a bit surprising as we’re well past the initial expiration date of the offer.
The Points Pundit loves these newly relaunched Chase credit cards!
Firstly, they offer you a 0% APR for the first 15 months.
Secondly, they have no annual fee and have a lucrative welcome bonus of $200 or 20,000 Ultimate Rewards points after you spend $500 in the first 3 months.
Moreover, you can earn up to 60,000 Ultimate Rewards bonus points in the first year if you maximize the bonus points categories.
You can earn a total of 80,000 Ultimate Rewards points in just the first year of your card membership!
Overall, a great option to carry in your wallet for everyday spend!
(Chase’s 5/24 rule may apply to both these cards)
Disclosure: The Points Pundit receives NO compensation from credit card affiliate partnerships. Support the blog by applying for a card through my personal referral links. This article is meant for information purposes only and doesn’t constitute personal finance, health or investment advice. Please consult a licensed professional for advice pertaining to your situation.