Archive for the 'Credit Cards' Category
Tuesday, April 14th, 2009
Use credit wisely. I don’t pay interest on consumer debt, and I never apply for a credit card unless I get something out of it! They still make tons of money from charging merchant fees, so those with good credit should expect a cut of the action…
Up to $250 from Starwood Preferred Guest American Express
Earn 10,000 Starpoints with your first purchase, and another 15,000 Starpoints when you spend $15,000 in 6 months, for a potential total of 25,000 Starpoints. You can exchange 10,000 Starpoints for a $100 Amazon.com gift certificate. (I ended up using my points to stay at the Westin Palace Hotel in Madrid.) No annual fee the first year, $45 after that if you don’t cancel.
$100 from American Express Preferred Rewards Gold
Earn 10,000 Membership Rewards points when you spend $500 in 3 months of Card membership- redeemable for a $100 gift card at places like Home Depot or Banana Republic. No annual fee the first year, $125 after that if you don’t cancel.
$50 from Discover More card + 5% Cashback program
Earn a $50 Cashback Bonus when you make $500 in purchases within 3 months after your account is opened. Also offers 0% APR on balance transfers for 12 months, with a 3% fee. There is a 5% Cashback program on rotating categories each quarter. No annual fee.
$25 from Costco TrueEarnings American Express + Gas / Travel / Restaurant Cashback
You get a $25 cash bonus after your first purchase. 3% cash back on gasoline, including Costco gas (up to $3,000 a year), 3% cash back at all restaurants, 2% cash back on travel, and 1% cash back on everything else. No annual fee.
Up to 11,000 ThankYou points from Citi Forward card
You get 6,000 ThankYou Points after making $250 in purchases within 3 months, and another 5,000 ThankYou points after switching to electronic statements only within 3 months. 5 points per $1 spent at movies, bookstores, and restaurants. 100 points for paying your statement on time each month.
Posted in Credit Cards, Deals & Offers | 19 Comments »
Tuesday, February 10th, 2009
The new Escape Card by Discover is a new travel rewards credit card with some profit potential. Here’s my review and analysis:
25,000 Miles Sign-Up Bonus ($250 credit towards Travel)
You get 1,000 Miles for each month that you make any purchase on this card, up to 25,000 miles. The simplest way to achieve this is to put some sort of automatically recurring charge on this card, like a cell phone or utility bill. But you may not want to use up all 25 months…
Rewards Program - “Unlimited Double Miles”
With this card, you earn two Miles for every dollar spent on any purchase. There is no cap on earning Miles. Now, a “Mile” in this program does not convert directly to any other specific hotel award or airline frequent flier program. I find it is easier to think of them as just “points”, but I’ll stick with the Miles name for now. I called an confirmed that this is the same Miles program that comes with the Miles Card by Discover*. Here are the redemption options:
Travel Credit. The best way to maximize this rewards program by far is to redeem for travel credit. Basically, you get cash, but only towards a travel purchase made with the card. 10,000 Miles = $100.
First, you just book any flight, cruise, vacation package, hotel or car rental - from any website. Then, within 90 days, you just log into your account, select the amount of Miles you want to redeem, and the credit shows up a few days later. The hardest part for me was remembering to use the card when I had travel plans. If redeemed for travel credit in this way, you can view this card as a 2% cash back on everything card.
Cash Option. If you want a direct credit or deposit into your bank account, then the minimum redemption is 5,000 Miles for $25 cash. Since you lose 50% of your potential value this way, I’d avoid this. Gift Cards. A middle ground. For example, 4,000 Miles = $25 Gift Card. 12,000 Miles = $100 Gap or Macy’s Gift Card.
Primary Car Rental Insurance
This is another big draw for me. Most credit cards only offer what is called secondary rental car insurance, which only kicks in after your own personal auto insurance. This means you’ll have to file a claim (likely raising your future rates) and pay your own deductible. In my case, that’s $1,000!
Primary car rental insurance essentially replaces the Collision Damage Waiver (CDW) that costs $10-$20 per day that they try to sell you at the rental car counter. You know, the insurance that you buy so you don’t have to worry about parking lot dings, or them finding some bogus “new scratch” when you return it. You’re covered up to $50,000, and there is no deductible.
More perks:
- Lost or Damaged Luggage Insurance - Reimbursement for lost or damaged baggage up to $2,500.
- Travel Delay Insurance - Up to $150 per day of unexpected food and lodging expenses. (My parents could have really used this over the winter holidays. Delta canceled an entire flight and made them wait another 18 hours until the next day to fly out. No compensation was offered!)
- Trip Cancellation Insurance - Up to $2,500 to travel another time should you become ill and unable to travel.
Conclusion: Annual Fee and Total Value Calculations
The Escape Card by Discover is meant to be a “premium” travel card, so this card has a $60 annual fee. At a rate of 1,000 miles per month, the intro bonus is worth ~$120 per year if you do the travel credit route. Since the bonus is only good for 25 months, I’d note when they actually charge the annual fee, as I wouldn’t want to pay for the 3rd year.
But if you time things right, you’ll net a ~$60 bonus ($120 minus $60 annual fee) for the first two years (~$120 total), during which you’ll also have two years of free primary car rental insurance.
* The Miles Card by Discover has a similar offer - 12,000 bonus Miles over 12 months. The upside is that there is no annual fee to worry about, but also no double miles and primary insurance. As outlined above, 12,000 miles = $100 Gift Card to various stores, or $100 credit towards travel.
Posted in Credit Cards, Deals & Offers | 3 Comments »
Friday, January 16th, 2009
myFICO.com is offering a free credit score to members of their discussion forum. New visitors can register instantly and grab your score. No credit card or trial required. This is an official FICO score based on your Equifax credit file. Score only, no credit report. First 10,000 only - be quick!
Directions
Visit the main myFICO Forums page now expired, register, make sure you’re logged in, and then go back to the main page and click on the link “Get your Free FICO score now!” in the top right. For some reason, you’ll have to re-enter all your info again.
My score was 744, down 10 points from their last free FICO offer. I blame the issuers who closed my inactive credit cards! 
Posted in Credit Cards, Deals & Offers | 20 Comments »
Wednesday, January 7th, 2009
If you haven’t heard already, several large credit card issuers (Chase, Washington Mutual, Citibank, Capital One, HSBC) are currently closing millions of consumers’ credit cards without prior warning due to inactivity. This is their legal right, but it can also negatively affect your credit score. Here’s why and some steps that you can do about it:
How Can Closed Credit Cards Affect My Credit Score?
FICO has previously revealed the following breakdown of factors considered in credit scoring. We can also read between the lines of the questions asked by the free FICO Score Estimator by myFICO.
Capacity used. This simply means how much of your available credit you are using, sometimes referred to as utilization ratio. A lower ratio is better, either by lower balances or higher credit limits. If you’re maxed out on all your cards, obviously that’s not a good sign. Logically, closing credit cards means you have less available credit.
Length of credit history and past credit applications. To be specific, not the only length of your oldest line, but also the average age of all your accounts matters. In addition, you’ll have less need for new credit applications if you can keep your existing purchasing power.
Closed by creditor or consumer? A lesser concern is whether the account is marked as “closed by creditor” as opposed to “closed at consumer’s request”. Since FICO doesn’t release the details of their scoring algorithm, it is still debated whether this matters to the numeric score. Some credit repair experts say it does, others disagree. However, if someone does a manual review of your credit report, it can raise some questions as to why the account was closed by the lender.
How To Protect Your Credit Score
Okay, so we’ve established that just waiting for our inactive cards to be canceled can be bad. So what should we do about it? Here’s an action plan:
- Gather up or make a list of all your credit cards. I have mine in a spreadsheet - it is a pretty long list! Misplaced some? Grab your free report from the official AnnualCreditReport.com, which should list them all.
- Rank them according to importance to your credit score. From above, we see that credit cards with high limits and long histories are the best. Newer credit cards with low limits are least important.
- Start using the important ones! If you have a cell phone or cable bill, chances are that they accept credit cards. Not only that, but you can use multiple charges across multiple cards. I spent 20 minutes just charging $5-$10 to my Sprint bill across about 8 different cards to put some activity on them. Start from the most important card onwards.
- Consider canceling the rest. If you have a newer card with a low limit that you don’t ever plan on using again (just wanted the sign-up bonus?), it may actually help your score to simply cancel it. This way, it will also show as “closed by consumer”.
Make sure that it has a zero balance first, otherwise you make be stuck with penalties or your credit limit will be lowered to your balance amount, jacking up your utilization percentage and hurting your score.
I was too late for two Chase accounts and one Washington Mutual account I mentioned before, but I ended up closing a few cards preemptively and put some activity on the rest. All in all, perhaps this worked out for the best. Don’t we all want less clutter for the new year? 
Posted in Credit Cards | 65 Comments »
Saturday, December 20th, 2008
The Citi PremierPass cards are rewards cards that are targeted towards people who like to travel, especially those who fly on a variety of airlines and business travelers. There is a standard version with no annual fee and the Elite version with a $75 annual fee.
Sign-up Bonus and ThankYou Points
The Citi PremierPass Elite card is offering 20,000 bonus ThankYou points after spending $600 within 3 months.
10,000 ThankYou points can be redeemed for $100 in gift cards to a variety of places like Overstock, Macy’s, Sears, or Gap. In addition if you used the fixed flight redemption option, you can convert 20,000 ThankYou points for any domestic coach flight up to $400 in value with no black-out dates. I’ve redeemed for a flight before and if it’s on Expedia.com, you can have it. So if you get the Elite card bonus, you are basically getting a free flight.
Unique Rewards Program
Most of us are familiar with credit cards linked to a specific airline. But with the PremierPass Elite card, you can earn 1 ThankYou point for every mile you fly, on any airline. Perfect for work travel. In addition, you can earn 1 point for every miles flown on any tickets purchased with your card, even friends and family. You also get 1 points for each dollar spent on anything (with double points on everyday purchases at supermarkets and gas stations). This is in addition to the usual carrier-specific miles you’d usually earn.
So let’s say you buy a $300 cross-country flight on Delta Airlines for yourself or a friend that travels 2,500 miles on the card. You’d get 300 ThankYou points for the purchase, 2,500 Delta miles, and 2,500 ThankYou points for flying. On a airline-specific branded credit card, you’d only get 300 miles for the purchases and the standard 2,500 miles.
Supposedly you can even get free unlimited companion travel on eligible fares - “Get Complimentary companion travel when you use the Citi PremierPass - Elite Level to purchase a round trip Coach Class excursion fare ticket for $299 or more in the continental United States and Hawaii.” I’m skeptical as to what “excursion fare” means, though. (See comments below.)
Posted in Credit Cards, Deals & Offers | 25 Comments »
Wednesday, December 10th, 2008
Fidelity Investments is now offering a new American Express card that gives you 2% back on all purchases when credited directly into a Fidelity IRA*. This is nice if you have a Fidelity IRA, although it is not one of my favorite places to start an IRA since their index funds have a $10,000 minimum and their stock trades aren’t that cheap. Also, it could be confusing due to IRA contribution limits. If you’ve maxed out the limit, they say that they will automatically deferred the rebate until the next year. But what if you have a partially phased-out limit due to income, and your limit is reduced to $2,150? How would they know that?
What’s more interesting: In early 2009, according to this press release, there will be new Fidelity American Express cards that also offer 2% cash back into Fidelity brokerage and 529 plan accounts. Note that if you have the Fidelity Investment Rewards card that offers 1.5% back right now, that is a Visa card and you will probably have to apply for a new American Express card to get the 2% back. The 529 card should just be bumped up to 2% since it is already American Express.
*Update: It appears that you can deposit the 2% for this card into a variety of Fidelity accounts include their plain brokerage account, not just IRAs. From the Terms and Conditions:
You can redeem points for deposits into an eligible Fidelity account. You are solely responsible for the accuracy of the data you provide in connection with designating a Fidelity account, for ensuring that the account can accept deposits on your behalf and that the deposits comply with applicable laws and regulations. Eligible Fidelity Accounts include all Fidelity non-retirement, Individual Retirement Accounts, and Fidelity-managed 529 Plan accounts that accept ACH deposits.
From the Rewards tab on the application page:
Earn 2 points for every dollar in net retail purchases and choose to automatically sweep them as a cash deposit into your Fidelity IRA or other Fidelity account(s). Or, redeem your points for WorldPoints® rewards.
Posted in Credit Cards | 16 Comments »
Saturday, December 6th, 2008
I just got a letter from Washington Mutual / Chase telling me that they have closed my credit card account with them effective November 14th, 2008. That’s nearly a month ago! The reason stated was simply that I hadn’t used it in over 12 months. I normally wouldn’t care too much, but this is a relatively old card (back from when they were Providian) which helps your credit score and it also gave me a free FICO score update each month. Doh! I might call them and see if there is anything that can be done.
Now, it’s totally within their rights to do this, but it is kind of annoying and not the best customer service in my opinion. Last month, I got a similar letter from Citibank, but it warned me that if I didn’t use it within a month, it would be closed. So I just used it quickly and everything was fine. That seems like a more reasonable response.
The easy solution is to remember to use each of your credit cards at least once per year. I would simply use it to pay $5 towards your cell phone or cable bill online, since they let you do multiple partial payments. Then mark the card and tuck it away again.
Posted in Credit Cards | 63 Comments »
Thursday, December 4th, 2008
Schwab brokerage is offering a new credit card that gives you 2% cash back on all purchases. The only catch is that the rewards can only be redeemed into a SchwabOne brokerage account. When linked to the Schwab card, the SchwabOne account has no minimum balance requirement or monthly service charges.
With no annual fee and no cashback limit, this is a very competitive card. I just hope it sticks around - many, many 2% cashback on everything cards have come and gone, from Farm Bureau to Countrywide, as that level of rewards make the issuer’s cut very slim. I’m sure they are counting on fees from the SchwabOne brokerage account to make up for the difference. Fidelity has a similar 2% back American Express card.
Posted in Credit Cards | 12 Comments »
Friday, November 14th, 2008
I just finished calling all of the issuers for the credit and ATM cards that I plan on using internationally - Capital One, Citibank, WaMu, and Bank of America - in order to avoid my cards being frozen due to fraud concerns. I remember doing this occasionally before, but not for all of them.
Surprisingly, every single card issuer seemed to have a specific protocol to handle such concerns. I was either forwarded to some sort of Fraud Specialist or asked to fill out a form outlining where I was traveling to and the exact start and end dates. It seems like their fraud monitoring systems are getting quite advanced. All of them thanked me for calling ahead of time, which made me feel like they’ve probably had to deal with a lot of angry (stranded?) travelers.
Oh, and they also told me the international toll-free numbers to reach their customer service from abroad. Using them is easy. Go to a pay phone, reach the operator, and call the number collect. I decided to simply write these numbers on the signature panel on the back of the cards. I’m glad I called!
For more information, see my other post on this subject: Travel and Money: Best Way To Get Cash, Best Credit Cards, and Safety Concerns. It includes why I hate traveler’s checks, why I use my Capital One card exclusively while traveling, and emergency numbers for Visa and Mastercard.
Posted in Credit Cards, Travel | 36 Comments »
Wednesday, November 5th, 2008
Discover Card is again running their Holiday Mall Promotion, which gives you $20 back for every $200 that you spend at limited mall locations.
Get a $20 Discover® Gift Card when you make $200 in purchases with your Discover Card at a participating mall between 11/01/08–01/04/09, while supplies last. Original receipts and the Discover Card used to make the purchases must be presented to a participating mall’s Customer Service by 01/04/09. Limit 5 Gift Cards per account, while supplies last, during the promotion period. Gift Card is valid through July 31, 2009.
Basically, you can get up to 10% back if you spend an exact multiple of $200, with a maximum $100 off $1,000 per Discover card account. (Additional cardholders seem to count as a separate “account”.) Not a bad deal if you’re gonna spend that much anyways. Mmm… Macbook…
During a previous year, a reader happened upon a loophole: If you return your purchase, there is no requirement to return the gift cards. Maybe you found something cheaper elsewhere. This brought up some ethical problems. Keep them? Or try handing them back to the Customer Service clerk? But be careful, because if you end up deciding to buy more stuff again later, you won’t be able to participate again since they don’t have any official mechanism to return the gift cards.
New Discover Card Sign-Up Promotions: $50 to $100
This would go nicely with the Discover More card which now offers a $50 cash bonus after spending $500. 1% cash back on most purchases, and 5% back on rotating special categories. 0% APR on purchases for 6 months.
The Discover Miles card also offers 12,000 Miles (1,000 miles per month with any purchase for a year). This can be redeemed for $100 cash credit towards any travel purchase put on the card (air, hotel, car rental), or you can get a $50 gift card + $25 cash.
Posted in Credit Cards, Deals & Offers | 11 Comments »
Thursday, October 30th, 2008
It looks like the credit crunch continues to trickle down to everything financial, including tightening up in the credit card industry. I have it on good authority that the $75 balance transfer fee cap on the Discover More card will end on October 31st. (Update: Yes, the cap is now gone.)
Why care? The Discover More Card is just about the last credit card with a 0% APR balance transfer for 12 months, as well as a $75 balance transfer fee cap. This is important because you may have noticed that nearly all other 0% APR cards have an uncapped 3% fee. So if you transferred $10,000, the fee would be $300. On a $20,000 balance, that’d be $600!. The cap saves you lots of money, and these offers have only gotten more scarce with time.
Even though I don’t carry a balance, I have used this card to make some extra money off credit card arbitrage.
Getting Your Money
You can usually request a balance transfer to be sent directly to a card with a balance on it. (Or you could send it to a Citibank card without a balance on it, and request a refund check.) However, a reader wrote in last week to say that you can also call them up afterward and request a balance transfer check to be sent to you directly from Discover. You’ll still get the 0% APR until November 2009 and the $75 fee cap.
In addition, the card has a 5% cashback bonus program on a rotating spending category - for October to December 2008 it is grocery stores, restaurants, and movies. From July to September, it was gas and hotels. So it has the potential to be useful even after the 0% promo period.
More Options
There are few different flavors of the Discover More card if you’re looking to apply for a second one. Check out the Discover More Sealife edition, Discover More Wildlife edition, and the Discover More American Flag edition.
If you’ve been thinking about applying but putting it off, now would be the time to do it! According a Discover CSR, if you apply now to lock in the offer, you have until February to request your balance transfer. (Update: There is now no cap.)
Posted in Credit Cards, Deals & Offers | 24 Comments »
Friday, October 24th, 2008
Supposedly this offer may end after Friday, so apply if you’re interested. The Chase Freedom Cash Visa Card is a great all-around rewards card for low-to-moderate spenders. My sister uses this card exclusively.
There is a $50 sign-up bonus after first purchase, 3% cash back your top 3 Everyday Spending Categories (on the first $600 of purchases each month), and up to a 1% rebate on all other purchases. For me, the categories are usually gas, groceries, and cable tv/internet - but they adjust to your spending. You can see more information and a list of all 15 possible categories here.
In addition, you can get a $250 check (a $50 bonus) once you reach $200 in rewards have been earned. (Confusing, I know.) So if you are patient, that converts th 3%/1% to 3.75%/1.25%. This is a great card if you want simplicity and just want to deal with one rewards card. No annual fee.
See the rest of my Favorite Rewards Credit Cards.
Posted in Credit Cards, Deals & Offers | 40 Comments »
Friday, September 19th, 2008
I wouldn’t say my wife and I are well-traveled, but we do try and experience other cultures whenever we can. Given work constraints and Corporate America’s hatred of vacations (2 weeks a year??), we are lucky if we can manage one trip per year. However, I think we’ve worked out a pretty good system of managing money needs while abroad.
Travelers Checks?
I never buy travelers checks. You often have to pay a fee when you buy them, and then you might have to pay a fee for exchanging them to local currency. Or you’re searching all day for the American Express office. Less and less stores accept them for purchases, due to fraud and theft. If your signatures don’t exactly match, they give you grief. If you get them wet, they are useless and you have to replace them.
Most importantly: Any place that does take them will most likely accept credit cards, which are a better alternative (see below).
Best Credit Card For International Travel
Whenever possible, I use a credit card for making purchases while abroad. Hotels, transportation, sightseeing tickets, and so on. However, most credit cards are pretty expensive when it comes to foreign currency purchases. Visa and Mastercard charge a standard 1% “conversion” fee on top of the wholesale “interbank” exchange rate. Many major credit card issuers like Citi, Chase, and American Express charge you another 2%-3% on top of that. You’re losing up to 4% off the bat.
So what do I use? My favorite card, hands down, is my credit card from Capital One . I have used this card from China to France with no issues at all. Capital One charges you only the interbank currency exchange rate. They pay the Visa/Mastercard 1% fee for you, and they don’t have any self-imposed surcharge. Finally, this specific card gives you 1% cash back on all purchases (2% for groceries/gas) and has no annual fee.
Net result: Not only do I get the best exchange rate possible, but I actually gain 1% cash back on my foreign purchases. It’s better than cash!
(I only use this card internationally. While in the US, I prefer these cash back credit cards.)
ATM Cards / Getting Cash
I used to worry about bringing some local currency with me, but it is usually expensive to get this done in the US. (Always compare their rates with the interbank rates at Oanda.com.) Nowadays, if you are arriving in a large international airport, there is hardly any chance they won’t have ATMs available. I do bring $100 in US $20 bills in my money belt as an added backup.
When it comes to getting cash in local currency from ATMs, there are also fees to be aware of. The local ATM may charge a fee, although bigger banks are less likely to. Your bank may also charge a fee for using a non-network foreign ATM. Finally, they may charge a surcharge for the currency exchange itself.
Because I use a credit card for most large purchases, I usually only need cash for restaurants and other small things. Therefore, I usually take out all the cash I expect to spend during my stay all at once, as it is no more than a few hundred dollars. Since I only have to pay these fees once, I don’t worry about them as much.
For example, on a $300 withdrawal using my normal WaMu Free Checking account, I will be charged a 3% exchange fee + no ATM fees. I am okay with paying a one-time fee of $9 for this convenience. My backup card is with Bank of America, where it would have cost $8 total (1% + $5), though they do have some partner banks with no fees. I like sticking with big banks here.
A good comparison of all these card fees is located here.
Money Belt and Wallet
After experiencing firsthand how slick a professional pickpocket can be in an Italian train, I don’t go anywhere without my trusty money belt keeping everything hidden safely underneath my clothes. I usually put in my week’s worth of cash, my backup credit card, two ATM cards, emergency numbers, and my passport.
My wallet only holds a day’s worth of cash (~$40) and my primary credit card. I usually also have travel pants with zippered pockets. This way, if it gets stolen I am only out a small amount of money and one credit card.
Lost Your Credit Card While Traveling?
You can easily report your lost card to the major issuers while traveling internationally by calling these US numbers collect. Write them down and keep in your money belt, along with any credit card numbers.
- Visa: 410-581-9994
- Mastercard: 636-722-7111
- American Express: 336-393-1111
Posted in Banking, Credit Cards, Travel | 38 Comments »
Thursday, September 11th, 2008
One of the three major credit bureaus, TransUnion, lost a $75 million class-action lawsuit a while back, and the settlement involves offering up to 9 months of free credit monitoring service to anyone who has ever held a credit card or loan over the last 20 years (i.e. lots of people).
This includes unlimited daily access to your TransUnion credit report and credit score, as well as e-mail alerts when something changes. This is a good way to know when someone is pulling your credit report. There is also a “potential cash payment” option, but it doesn’t seem very tempting to me given the number of eligible claimants (small pie, millions of slices). Still, you can opt for 6 months of monitoring + possible cash.
Register at the official settlement website. The deadline is coming up on September 24th, 2008. You don’t need to supply your full Social Security number (needs last 4 digits) or a credit card number, and you won’t be automatically signed up for any paid subscriptions after the free period.
More details in this Washington Post article. (Original post)
Posted in Credit Cards | 15 Comments »
Wednesday, July 23rd, 2008
If you have the Starwood American Express card, you can earn an extra 2,000 Starpoints if you visit this page, apply for additional cards for two new people, and make a purchase. Now, you don’t need to provide Social Security numbers and you don’t need to give the cards to these people (they just need to be age 15 or over). I just ordered new cards with Mom and Dad’s name. The additional cards are free, and have no annual fee. For some reason it worked in Internet Explorer but not Firefox for me. Via FW. The fine print:
1,000 bonus Starpoints will be awarded to your Starwood Preferred Guest Account 8-12 weeks after the first purchase on an approved Additional Starwood Preferred Guest Credit Card submitted with this application. The Additional Cardmember must make their first purchase with the Starwood Preferred Guest Credit Card within one year of Card approval. Bonus offer applies to first 2 Additional Card added on this application only.
This card is still one of my favorite rewards credit cards, due to it’s flexibility in earning both frequent flier miles and hotel awards. If you sign up now, you can earn a free 10,000 Starpoints after your first purchase, good for either a $100 Amazon.com gift certificate or up to 3 hotel nights.
In addition to the usual 1 point per dollar spent, the current promotion also adds another additional 15,000 Starpoints if you spend $15,000 within the first 6 months. Altogether, if reach this $15,000 spending level, that gives you a total of 10,000 + 15,000 + 15,000 = 40,000 Starpoints. 40,000 Starpoints can be converted to 50,000 frequent flyer miles - good for either two standard free flight awards or one of those Anytime free flight awards. Going for the staycation? You can also get $400 in Amazon.com gift certificates instead.
Posted in Credit Cards | 12 Comments »
