2021 has already kicked off. Card issuers are offering a slew of new benefits in response to consumer purchase behavior which has drastically changed over the last 9-10 months. As a vaccine rolls out, some people are already making travel plans for the second half of 2021. However, others are opting for a wait and watch approach. That and more as we recap some of the top stories from the month of January.
Google search data reveals some interesting insights into where people are looking to travel in 2021. While these travel plans may be set in stone, implementing these is going to be tough, especially given all the global travel restrictions. Nevertheless, it’ll be interested to see how these travel plans materialize when destinations become more accessible.
American Express has made swift changes to its product offering in response to the Covid-19 pandemic. One one hand, they’ve offered new credits and added benefits on everyday spend like telecom purchases and groceries. On the other hand, they’ve continued to offer new ways for customers to earn more bonus points.
Travel plans may be temporarily halted, but there’s significant pent up demand for travel once things get to normal. If you’re wondering what to do with your travel credit cards, now is a good time to take stock and make sure that you’re using all your benefits and credits wisely.
Many card issuers have placed restrictions on getting welcome bonuses on their products. For instance, Amex has its ‘once per lifetime’ rule. Given such restrictions, how can you ensure that you get the highest possible welcome bonus when you apply for a credit card?
Two popular travel credit cards are offering a 60,000 points welcome bonus. However, which bonus should you go for?
Currently, Alaska Mileage Plan is selling miles with up to a 60% bonus on purchased miles. This limited time promotion ends on February 14, 2021.
The American Express Gold Card is currently offering a welcome bonus of 60,000 Membership Rewards points. You’ll earn a welcome bonus of 60,000 Membership Rewards points after you spend $4,000 in the first 6 months after you’re approved for the card.
Moreover, the card offers lucrative bonus earning categories, benefits and credits.
- 4x points on dining (including takeout and delivery) and grocery spend
- 3x points on flights
- $120 dining credit annually
- $120 Uber Eats/Uber credit annually
- $100 airline credit (ends on December 31, 2021)
- No foreign transaction fees
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