Not exact matches
Whether you have loved new credit cards and the
signup bonuses that come along with them for awhile, or if you're
just getting your first travel rewards credit card, here are a few things you should know about the 5/24 rule:
So, I
just gotten the CSP 10/05 and my current run rate would put me at the
signup bonus of $ 4K by end of Nov. (Yes!
a) You will start off with 65,000 Ultimate Rewards points (145,000 if you also
get the Business card)
just from the
signup bonuses based on today's
signup bonuses of 50,000 for the Reserve and 15,000 for the Unlimited as well as 80,000 for the Business Preferred.
I had Marriott points for this but you can
get this amount of points
just by signing up for the SPG Amex which is currently offering a 35,000 point
signup bonus.
If the
signup bonus were a lot stronger, I'd probably
just get the card and figure out whether to keep it over the next year.
It's often assumed that store credit cards are offered
just to entice us with a
signup bonus as a shiny veneer to cover an APR - heavy card with little else in the way of rewards - a quick source of revenue for stores to
get us to spend more money.
That's what makes
signup bonuses so attractive — you can
get them
just for using the card to make purchases you would already be making.
Also, it's perfectly fine if you want to
get the Barclaycard Arrival Plus Mastercard for the $ 400
signup bonus — there's
just no reason to keep it beyond the first year.
So, are you * still * convinced that American Airlines AAdvantage miles aren't worth collecting — especially when you can often
get 60,000 miles with
just one credit card
signup bonus?
We generally recommend Air Miles cards as a better option, specifically, than point cards, because of the
signup bonus and, if you fly often and look for air miles deals, you can
get better value than
just using points to trade in for merchandise.
If you want a shot at the highest AMEX retention offers (and this goes for most other issuers as well — Chase, Citi, etc.), you need to use your card for more than
just the minimum spend required to
get the
signup bonus.
The usual
signup bonus is
just 10,000 points (or $ 100), so if you were planning to
get this card anyway, it's a good time.
If you're flexible with dates and can stomach possibly
getting your second first class award seat
just in the week prior to when you fly, I'd recommend American miles, which you can earn cheaply with Citi AAdvantage credit card
signup bonuses and / or BankDirect.
Citi recently put new language in the terms for
signup bonuses that groups all products of the same family as one for
signup bonus restrictions, leaving us to
getting just one of the group per
In addition, I can't stress enough: If you want a shot at the best AMEX retention offers (and this goes for most other issuers as well — Chase, Citi, etc.), you need to use your card for more than
just the minimum spend required to
get the
signup bonus.
As an alternative to the Prestige card, you can
signup for the Citi Premier 50,000
bonus Thank You points
signup bonus which
just needs $ 4,000 in spend to
get the
bonus.
Citi relationship clients can also
get the Prestige card in - branch with the same
signup bonus and
just a $ 350 annual fee.
In an odd twist, the Everyday Preferred is
getting a lower
signup bonus of
just 15,000 points.