Capital One Spark Business Credit Cards: $500 or 50,000 Miles Bonus

sparkyLooks like the small business credit card competition is heating up. Capital One has temporarily upped the sign-up bonus on both of their small business cards:

Capital One Spark® Cash for Business is offering a one-time $500 cash bonus once you spend $4,500 on purchases within the first 3 months. There is a $59 annual fee that is waived for the first year. “Existing or previous Accountholders may not be eligible for this one-time bonus.” Note that there is also a Spark Select for Business and Spark Classic that are different cards with lower sign-up bonsues but no annual fee.

The Spark Cash for Business offers 2% cash back for all purchases, which is strong, but you have to weigh that against the $59 annual fee after the first year. If it was 2% with no annual fee, that would be keeper business card for sure. Just comparing the two CapOne cards head-to-head, you have to spend more than $11,800 every year to make the 2% back and $59 annual fee (Spark Cash) pay out more rewards than 1.5% back and no annual fee (Spark Cash Select).

Capital One Spark® Miles for Business is offering one-time bonus of 50,000 miles – equal to $500 in travel- once you spend $4,500 on purchases within the first 3 months. There is a $59 annual fee that is waived for the first year. “Existing or previous Accountholders may not be eligible for this one-time bonus.” Similar to the offer above, the Spark Miles offers 2 miles per dollar with the $59 annual fee but there is also a Spark® Miles Select for Business that offers 1.5 miles per dollar with no annual fee.

As far as “normal” small business spend, I usually don’t charge more than $12,000 a year on my small business. My primary expenses are web hosting, cell phone, internet, and office equipment. But if you spend a lot on stuff that doesn’t fit in the 5%/2% bonus categories of the Chase Ink Cash or Chase Ink Plus cards (office supply, internet, cell phone, cable TV, gas stations, restaurants), then these cards may be a good fit as a primary small business card.

Here are some selected quotes from the fine print for the Spark Cash card (not Miles):

How does my spend bonus work?
You will earn a $500 bonus if you spend at least $4,500 within 3 months of your rewards membership enrollment date. Once you qualify for this bonus, we will apply it to your rewards balance within two billing cycles. Existing or previous Accountholders may not be eligible for this one-time bonus.

How do I redeem my rewards?
You can get your cash back upon request in the form of a statement credit or a check. You can also set up an automatic redemption preference; options include: (1) at a set time each calendar year or (2) when a specific threshold ($25, $50, $100 or $200) has been reached. Just go online to capitalone.com or contact our Rewards Center. […] Until you set up an automatic redemption preference, you will receive your cash back each year in the form of a check issued in your rewards membership anniversary month.

I’m not sure why someone would pick the miles over the cash, since the miles are restricted to use over travel. My theory is that some businesses like that the miles aren’t cash because then they can be given out as a non-taxable perk like other frequent flier miles?

Note: I do not receive any referral fees for the application links above. They are the best publicly-available offers that I could find. Opinions expressed here are the author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.

Chase Ink Plus Business Card Review: 50,000 Rewards Points Bonus

Chase Ink Plus Card Art

Chase’s newest small biz credit card is called the Ink Plus® Business Card. It turns out to be very similar to the Chase Ink Bold Business card, but with the important difference that the Ink Plus is a credit card where you can carry a balance and the Bold is a charge card that you must pay in full each month. The current APR for both purchases and balance transfers is 15.24%.

This means that the Ink Plus is a separate card with its own sign-up bonus, currently a 50,000 Ultimate Rewards points after your after spending $5,000 in the first 3 months your account is open. You can read about my Ink Bold bonus experience here.

Ultimate Rewards points are very flexible:

  • Cash. 1 point = 1 cent in cash, so 50,000 points = $500 cash.
  • Travel. 1 point = 1.25 cents towards travel, so 60,000 points = $750 towards travel at the same prices at Expedia or Travelocity (no % markups), split up however you like into multiple tickets, down to the penny. Good for people who don’t like to bother with miles.
  • Frequent flier miles and hotel rewards points. Transfers directly to United miles, British Airways miles, Hyatt hotel points, and Marriott hotel points. Best for folks that are willing to research and maximize their miles. Top up your account to reach an award, an transfer over only what you need..

Here are the important features of this card:

  • Earn 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That’s $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
  • Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year.
  • Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn
  • No foreign transaction fees
  • Global acceptance with Chip Technology
  • Free employee cards
  • $0 intro annual fee for the first year, then $95

You can buy Amazon.com gift cards at Staples and OfficeMax and get the 5x points, effectively discounting them 5% in cash (6.25% in travel), which may also help you with the spending requirement. Based on past experiences, you should be able to get this card and bonus in addition to the Ink Bold card as they are different cards. I already have the Chase Sapphire Preferred personal card and the Ink Bold card, so I’ll probably wait for a bit and then try out this new card as well for my business. Gift cards purchases are also useful for satisfying the spending requirement for the bonus.

Many people aren’t aware of the fact that they can apply for business credit cards, even if they are not a corporation or LLC. The business type is called a sole proprietorship, and these days many people are full-time or part-time consultants, freelancers, or other one-person business. This is the simplest business entity, but it is fully legit and recognized by the IRS. On a business credit card application, you should use your own legal name as the business name, and your Social Security Number as the Tax ID. This is how I got all my cards before incorporating, and how my wife gets her business cards for her small side business.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.  “The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.”

Sling TV Review + Free Amazon Fire TV Stick or Roku Stick Promo (Updated)

slingfire

Updated review after 3 months of using Sling TV. Promo still live for a couple more weeks. Sling TV allows you to stream a package of major cable networks live over the internet. That means you can watch it on your smartphone, your home TV, or your laptop. No cable subscription required. Here are the channels included in the base package that runs $20 a month:

  • ESPN (live sports!)
  • ESPN2
  • CNN
  • Food Network
  • Travel Channel
  • HGTV
  • Cartoon Network
  • TNT
  • TBS
  • Cartoon Network
  • Disney Channel
  • ABC Family

Right now, if you commit to prepaying 3 months of Sling TV ($60 total), you can get any of the following deals:

That’s a $39 to $50 savings, depending on the deal, if you were looking for a modern streaming device. You must redeem the promotional code by June 5, 2015.

Alternatively, if you sign up at Sling TV directly first, you can get a free 7-day trial to see how it works for you. If are then ready to commit, then I would sign up for this Amazon promo using a different e-mail address as it says “new customers only”.

My 3-month user review of Sling.

  • Quality isn’t bad; my internet is only 15 Mbps on a good day but we usually don’t have more than one thing streaming at any given time. It looks especially crisp on my iPhone.
  • I’ve had a couple of crashes while channel surfing. This is on the Mac OS X desktop app.
  • You can’t choose to record shows for later viewing. It doesn’t work like a DVR. However, on select channels you can get limited replay of past episodes. From their site:

    Sling TV includes a 3-day replay feature that allows you to watch shows that have aired in the past three days on the following channels: HGTV, DIY, Travel Channel, Cooking Channel, Food Network, Galavision, El Rey, Univision Deportes, Universal Sports, and beIN Sports and we expect this list to grow. Sling International customers can enjoy exclusive 8-day replay on all international channels.

  • On the non-replay channels (including ESPN, ESPN2, ABC Family, TNT, TBS, Disney Channel), you can’t even pause a show for a few minutes and pass the commercials later, or have it blip back 10 seconds if you missed something. On the other channels listed above (Food Network, Travel Channel, etc), you can pause and blip backward. I was surprised how often I would try to click the pause button, with no response. Boo.
  • There is no contract and it is easy to cancel online under your account details. It just took a few clicks and 30 seconds. No calling in required at all, which means no Comcast cancellation nightmares. Note there are no refunds the 3-month prepay offer above. You can reinstate your account easily as well, similar to Netflix.

I did this free streaming stick promo, but after the 3-month comittment I cancelled my Sling subscription mostly due to the lack of DVR ability on all channels. I’ve had a TiVo since roughly 2005 and over the last 10 years, I have completely lifestyle-inflated myself such that I just can’t watch old-school TV anymore. It was too annoying not being able to pause a show, skip commercials, record a show, or blip backwards. I don’t watch that much TV, but when I do, I want it to be on my terms. (You may feel differently!) Now I primarily just stream kid stuff like Sesame Street via Amazon Prime Video.  

Employee or Student Discounts for AT&T, Verizon, Sprint, and T-Mobile

celldiscount

Updated 2015. Every major cell phone provider offers discounts for large groups, even when it’s an existing personal line. You could qualify through your employer, educational institution, or even affiliation with certain organizations like AAA or credit unions. So grab your work or school e-mails, check out these links, and find out what discounts are available to you. You may be pleasantly surprised.

AT&T Wireless. BusinessDirect Premier Discounts

Submit your work or student email address to find out if you are eligible to receive exclusive AT&T offers and discounts on your wireless bill through your employer or school. Once we validate your email address, you will receive an email to start shopping in your own personal AT&T online store!

We need your work, school, or organization email address to determine if you are affiliated with an organization that qualifies for additional savings. AT&T has business agreements with thousands of corporations, government agencies, and educational institutions to offer wireless products to their employees at a significant discount.

If we match your work, school, or organization email address with our list of qualified companies, we’ll send you an email so you can start taking advantage of applicable discounts and benefits for which you qualify. (We are unable to match personal email addresses such as Yahoo!®, Windows Live™ Hotmail, or AOL®.)

Verizon Wireless. Employee Discount Program

Verizon Wireless offers you discounts on wireless products and services based on your employment or affiliation with an organization that has an agreement with us.

If you are new to Verizon Wireless and have an employer issued work email address, you can enter the address below to check your eligibility status.

T-Mobile. In 2014, T-Mobile changed their corporate discount program for consumer lines. Existing corporate discounts were mostly left grandfathered in. The T-Mobile Advantage Program now gives a $25 gift card per device instead. If you have a work phone directly paid for by your employer, you may qualify for Business Family Discounts.

Do you work for a company that is part of the T-Mobile Advantage Program? You could be eligible to receive a $25 T-Mobile Advantage™ Reward Card with every purchase of a new smartphone or tablet.

Does your company directly pay for your voice line on the T-Mobile network? Your family can save 50% off your first two lines on an eligible Simple Choice family plan—and pay just $10 per line after that. Is your family already on a T-Mobile Simple Choice Plan? Great! Because they’re eligible, too.

Sprint. Employee Value Program and Sprint Discount Program.

ENTER YOUR WORK OR ORGANIZATION ISSUED EMAIL ADDRESS BELOW FOR ACCESS TO YOUR PRIVATE PORTAL
If your company or organization has an account, you will gain instant access to your portal. (Please note that we cannot accept personal email addresses)

Just enter your work, school, or organization email address below to see if you’re eligible for the Sprint Discount Program. Don’t worry, we won’t sell or share your personal information with third parties. What are you waiting for? Find out now!

Here are specific links for the Sprint AAA 10% discount, and Sprint credit union 10% discount. LoveMyCreditUnion.org also offers credit union members Sprint monthly plan discounts and waived activation and upgrade fees.

Verizon Wireless 8% Customer Loyalty Discount

vzIf you have Verizon Wireless but don’t already have a good employee or education discount on your plan, you may want to try this Customer Loyalty Discount at vzw.com/appreciation. You may qualify for up to 8% off of your monthly access fee. Note the following fine print:

*Discounts apply to plan monthly access fees of $34.99+ and data features of $24.99+ when added to a plan of $34.99+. On Share Everything and More Everything plans, discounts apply only to the Account Access fees. Prepaid, already discounted and promotional plans are not eligible for discounts through this program.

In addition, after reading through the Fatwallet and Slickdeals forum threads, please note the following:

  • Already discounted plans are not eligible (as noted in highlighted text above).
  • Submitting the form will attempt to apply the discount. Even though the page suggests that you are only checking your eligibility (“complete the form below to see if you qualify”), it will in fact attempt to apply the discount to your line immediately.
  • Your employee discount may be removed. Basically, be careful before submitting the form. If you have for example a 15% employee discount and sign up for this plan, the new 8% discount will actually replace your existing 15% discount. You will have to re-validate your employee discount if it is removed, requiring additional time and effort. A previously grandfathered employee discount may also be lowered upon re-validation.

Despite these warnings, I bet there are plenty of Verizon customers out there without a corporate discount that wouldn’t mind shaving a few bucks off their monthly bill.

Hanscom Federal CU Thrive Review: 3% APY High Interest Starter Account

savebuttonbank(Update: It has been almost exactly a year since I posted about this unique savings account, and I just cashed out my CU Thrive funds with interest. I initially wrote about this account during a limited-time 6% APY promotion, but the rate is now 3% APY and has been steady for the last year. I have updated this review to reflect current conditions and my own experience holding this CD until maturity.)

Hanscom Federal Credit Union (HFCU) has a CU Thrive account, which works like a certificate of deposit that rewards consistent saving. The rate is set for 12 months, and during those 12 months you can transfer up to $500 every month from a HFCU checking account. No monthly fees. However, you cannot make any withdrawals during those 12 months, or you will be subject to an early withdrawal penalty of 90 days interest.

This product is not meant for big balances, it is meant to encourage a modest savings habit. The interest rate of 3% APY is triple what the top high-yield savings accounts offer right now, and more than double what the top 1-year bank CDs are offering. NCUA-insured!

A bit o’ math… At 3% APY, if you maxed out this account and set aside $500 a month for 12 months, at the end you’d have put in $6,000 and earned about $90 in interest (~$97 if you made every transfer on the 1st of the each month by my quick calculations). Not life-changing, but again federally-insured and triple what you could get at another bank. $6,000 also happens to be just about the same amount as a full Roth IRA contribution. Hint, hint.

At the end of the 12 months, all accrued savings plus earned dividends will be transferred into your primary savings account. Each member can only have one CU Thrive account open at one time, but after one 12-month period ends you can open up another one (assuming it is still offered). Full disclosure (PDF).

Eligibility details. To open a CU Thrive account, you must first open an HFCU checking account. HFCU offers a free checking account with no direct deposit and no minimum balance requirement. To open a checking account, just must be a member. Like most credit unions, membership is open by family, employer, or by membership in a partner organization (which makes it open to nearly everyone). You must also keep $25 in a share account as long as you are a member.

However, if you are referred by an existing member, you can also join without any other affiliation and you can currently get an additional $30 bonus after being an active member for 90 days, and the referring member gets $30 as well. If you’d like, here is my referral link.

Account opening process. I started the online application and said I would join the Nashua River Watershed Association for a one-time $35 fee (I didn’t know about the refer-a-friend option at the time). I had to provide the usual personal information and then answer questions based on my credit report to verify my identity. Based on my free credit monitoring, they did not perform a hard pull on my credit report. You can fund with an online bank transfer but they also gave me the option to fund with credit card up to $2,000. They didn’t mention if this would be considered a cash advance or not, but it showed up as a purchase on my American Express card. Finally, you must print out, sign, and mail in a signature card. You can also open an account in-person. All of their physical branches appear to be located in Massachusetts.

One-year update. Over the past year, I had set the maximum $500 to be transferred every month to my CU Thrive account from my HFCU Checking account. I made 11 transfers but missed one because my checking balance was too low on the date of automatic transfer. When that happens, the account basically just skips the transfer. There is no penalty, you just don’t get to earn interest on that money. I called them but they said there was no way to replace that transfer, even if I moved more money into the checking account a day later. Other than that, everything went very smoothly and I was paid my interest as promised. At the 1-year maturity date, the funds were automatically transferred to my HFCU savings account and the CU Thrive no longer shows up on my online account page. I guess now I can open up another one if I wanted to.

(Side note: I discovered that Hanscom Federal has paid a “Loyalty Dividend” to its Credit Union members for over 15 consecutive years. For 2014, they paid a 2% bonus on dividents earned and consumer finance charges paid over the year. So on top my my $78.46 of interest earned in 2014, I earned another $1.57 in bonus loyalty dividends.)

I think this account is nice for people looking to build up a savings habit, but it really works best if you use HFCU as your primary checking account. Juggling it as an additional piggy-back account is do-able but you have to keep on top of your transfers to avoid idle cash earning zero interest.

When it comes to paying a one-time fee to join a credit union, I like to see that the credit union has a history of offering member-friendly products. In addition to the CU Thrive and free checking options, HFCU also has a competitive Home Equity Line of Credit (HELoC) with no application fee, no annual fee, and no closing costs if you keep it open for 24 months. I’m thinking of opening one just to have around, does anyone have experience with this HELoC?

Fandango Movie Ticket Discounts: 2-for-1 Fridays + 20% Off Gift Cards

fanplus1Back for Summer 2015. Fandango has brought back their Visa Signature summer promotion from April 24th to August 21st. 2-for-1 movie tickets on Fridays! You can also get 20% off Fandango gift cards which can be used any day of the week and can be instantly redeemable online.

2-For-1 Movie Fridays. If you buy two or more tickets via Fandango.com/visasignature on a Friday, one of those tickets will be free at checkout (up to $19.50 value, including Fandango convenience fee). Works with IMAX and other premium theaters. This should also work with the Fandango Mobile App “TIXPRESS” feature if you have a Visa Signature as the stored payment. No promo code required.

Tickets can be purchased on Friday for all Visa Signatures and Wednesday-Friday for Chase Visa Signatures, but it must be a Friday showing. Limit 1 complimentary movie ticket per Visa Signature card, per period of 30 days following the date of offer purchase. Maximum one (1) registered email address per seven (7) day period regardless of number of Visa Signature card or a valid U.S. issued Visa Infinite card.

Note that this means if you have more than one Visa Signature card, you can participate more often (especially if you use multiple e-mails). Check your credit cards, you may be surprised to have one already as many had big sign-up bonuses recently. The following are all Visa Signature cards:

20% off Fandango Gift Cards. You also get 20% off gift cards bought in $25 increments, which is basically $5 off $25 and valid any day of the week.

Limit four (4) discounted Fandango Gift Card purchases per Visa Signature card per month (maximum of $100 in Fandango Gift Cards).

Again, this is per Visa Signature card. The service fee can be annoying, but these promotions still make it a net discount. If you are a member of AMC Stubs, you can get the Fandango service fee waived at those theaters (membership costs $12 a year). I must say that being able to buy tickets from my phone is quite nice.

I’m not sure if these stack with other promotional codes, but their fine print says that they can’t be combined with other offers.

American Airlines Learn and Earn: Free 1,000 Miles

aa1000American Airlines has a another easy trivia game where you can earn 1,000 free AAdvantage miles. You’ll also be entered to win two First Class round-trip tickets to anywhere they fly.

Just watch some videos and answer some questions about their program… and you can skip to the last 5 seconds of each YouTube video if you wish. (I had some problems skipping past the videos on Safari, but Chrome worked fine.) The questions are pretty easy to figure out, although they seem to vary. Here are the ones I got with answer hints:

  • Exploring your account, you can do… all of the above.
  • Not an Elite level… iron.
  • Most people redeem miles for… flights.
  • Dining rewards are from…. dining.
  • Earn miles from Citi credit cards on… all of the above.
  • American flights daily… 6,700.

A one-time maximum of 1,000 AAdvantage bonus miles can be earned per AAdvantage member. Additional bonus miles cannot be earned by watching the videos more than once. Your bonus miles earned will be saved upon completion of registration. If you leave before registering, you will have to start over when you return.

Miles will post within 8 weeks after promotion ends. AA miles currently expire after 18 months of inactivity. I just earned 1,000 miles each for my wife and I, for a total of at least $20 of value in 6 minutes. Not too shabby.

Chase United MileagePlus Explorer Card: 50,000 Bonus Miles Review

United Mileage Plus Explorer CardLimited-time offer is back. The United MileagePlus® Explorer Card is now offering 50,000 United miles after spending $3,000 in 3 months, plus 5,000 more miles for adding an authorized user and making a purchase on that additional card.

This 50k bonus is a limited-time offer until 6/2; the standard bonus is 30,000 miles. You may also get an offer with an additional $50 statement credit by going to United.com, running a search for any flight, and looking for a banner. There is no direct link available.

Here are the highlights for the United Mileage Plus Explorer Card:

  • LIMITED TIME OFFER: Start with 50,000 bonus miles after you spend $3,000 on purchases in the first 3 months
  • Check your first bag for free – save up to $100 per roundtrip. Good for you and a companion.
  • Enjoy priority boarding privileges and visit the United Club with two one-time-use passes every year
  • No foreign transaction fees
  • Earn double miles on tickets purchased from United, and 1 mile per $1 on all other purchases
  • Your miles don’t expire as long as you’re a Cardmember, with no limit to the number of miles you can earn
  • Use your miles for any seat, any time, on any United flight
  • $0 intro annual fee for the first year, then $95

All in all, a good card for regular United fliers with the free bags and priority boarding. Every year you spend $25,000 in purchases using your United MileagePlus Explorer Card, you’ll earn an additional 10,000 bonus miles. That means at 25k of spending, you’ll be getting 1.4 miles per dollar on all purchases.

Adding an authorized user is free of charge, so no reason not to get that addition 5,000 miles.

Keep in mind the following terms and conditions:

This new cardmember bonus offer is not available to either (i) current cardmembers of this consumer credit card, or (ii) previous cardmembers of this consumer credit card who received a new cardmember bonus for this consumer credit card within the last 24 months.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.  “The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.”

United Mileage Plus Banner

AT&T Access More MasterCard from Citi Review – GSM Phone Offer (Up to $650)

accessmore180Our partner Citi has launched yet another new card, AT&T Access More MasterCard® from Citi. This AT&T co-branded card obviously targets a niche, but read on if you will be in the market for a new GSM phone in the next year ($650 is the full price of a new iPhone 6). As such, this card took a little extra research and analysis. Be sure to read all the details before applying, so you understand how to get everything possible out of this offer.

“Exclusive New Phone Offer” details. Yes, the offer screams “new phone”! But lots of ads say that. What kind of new phone? Does it include iPhone 6 or Samsung Galaxy S6? What strings are attached? Do I need to sign a contract?

  • You must spend $2,000 in purchases with your AT&T Access More Card within 3 months of account opening. As with other sign-up bonuses, this is the spending hurdle. The application page also says “If you buy a new phone now it will count toward the $2,000 in qualifying purchases!”. At first, I read this to mean “buy a phone and you don’t need to spend $2,000 anymore”. Nope. It’s just reminding you that if, for example, you buy a $650 phone on this card, then you’ll only need to spend another $1,350 on the card to meet the $2,000 threshold.
  • You can get any new phone on the AT&T website. Apple iPhone 6, iPhone 6 Plus, Samsung S6, Samsung S6 Edge, flip phone, whatever.
  • They’ll give you up to $650 back towards a new phone bought full price with no annual contract… At first this may seem like a negative, man I have to buy it at full price? But that’s actually a good thing when the credit is for up to $650! For example, an iPhone 6 starts at $649.99 and Samsung S6 starts at $684.99. (Taxes, shipping, fees, and wireless service not included.)
  • … which also means lower monthly bills! When you essentially bring your own device (BYOD) buy buying the phone outright, AT&T will give you lower bills in the form of $15 to $25 off each month on their Mobile Share Value plans. Also, the $40 per-line activation fee is waived when you buy the phone at full price (and is not waived for 2-year contracts). More details on this below.
  • Since you own the phone and are not on a contract, you can also unlock it for use on any carrier. You can find unlock instructions at att.com/deviceunlock. are the AT&T unlock instructions [pdf]. Postpaid customers have an active account for at least 60 days, with no past due or unpaid balance. Non-AT&T customers can request a phone unlock before activating the phone on an AT&T plan. After submitting your request, the unlock should be done within 48 hours.
  • You must buy the phone using their special link. After you buy the phone, then activate it on an AT&T monthly plans of you choice for at least 15 days. Remember, you’re not bound to a contract after that. It’s easier just to quote from their Terms and Conditions:

    You must purchase an eligible phone from AT&T with your AT&T Access More Credit Card from Citi (the “Card”) using the Phone Offer Link created individually for you. This link may be accessible to you in several locations including, but not limited to, your approval screen at the time you apply, an email welcoming you to Access More Card membership (if you provide a valid email address) and through your Online Account at citi.com/att. You may redeem the Phone Offer using the link at any time after your Card account opening. Once you have made $2,000 in purchases within the first 3 months of your Card account opening, and purchased and activated your eligible phone, Citi will credit your account for the cost of the eligible phone you purchased up to $650 (exclusive of taxes, fees, shipping and wireless service) within 1 to 2 billing cycles. If you choose to purchase an eligible phone which costs more or less than $650, your credit will equal the cost of the phone or $650, whichever is less.

Side question: How does paying full price for a phone compare with the subsidized 2-year contract or the AT&T Next plan? Most people don’t pay full price for a phone. It’s a lot of money. AT&T Next is basically like agreeing to pay full price for a phone but they let you pay in monthly installments instead. So the $650 iPhone 6 would $21.67 for 30 months (multiply that out and you get $650.10.) Nothing really special there. The traditional alternative is that you get a subsidized phone but you enter a 2-year contract at a higher monthly bill. Here’s how the two options compare:

  • The phone subsidy with a 2-year contract is $450, but you have a $40 activation fee. So the $650 iPhone 6 would only cost $200, plus a $40 per-line activation fee.
  • The monthly bill subsidy with a full price phone adds up to either $360 or $640 over 2 years. With the full price phone, there is no activation fee. If your Mobile Share Value plan comes with 6GB of data or less, you get a $15 discount per month per line. $15 times 24 months = $360. If your Mobile Share Value plan comes with 10GB or more, you get a $25 discount per month per line. $25 times 24 months = $600.

So if you compare the savings between the full price plan as 2-year contract, you’re either behind by $50 over two years, or ahead by $190 over two years. So worst case you’re behind by $50 at the 2-year mark, but if you kept your full price phone and cheaper-by-$15 plan for just an extra 4 months past the contract end date, you’d be ahead again.

Ongoing card rewards program highlights. This card also has a unique rewards program using Citi ThankYou points:

  • 3 ThankYou Points for every $1 you spend on purchases made online at retail and travel websites*
  • 3 ThankYou Points for every $1 you spend on products and services purchased directly from AT&T*
  • 1 point earned for every $1 you spend on other purchases*
  • 10,000 Anniversary bonus points after you spend $10,000 in prior cardmembership year*
  • $95 annual fee.

Here are snippets from the fine print that I think are helpful:

Retail websites are websites that sell goods directly to the consumer through an online website and include department store websites, specialty store websites, warehouse store websites and boutique websites. Travel websites are websites that allow you to book travel and include online travel agencies, hotel websites and airline websites.

AT&T purchases are AT&T consumer products and/or services purchased directly from AT&T. AT&T consumer products and services must be purchased from www.att.com, www.telephones.att.com, AT&T owned stores or AT&T customer service centers. Purchases from independent wireless dealers or AT&T resellers are not eligible, unless they are for payment of AT&T service.

That means you can get 3 ThankYou points per $1 of purchases at Amazon.com, Costco.com, Apple.com, Walmart.com, Target.com, Expedia.com, and so on as well at your AT&T monthly service bill. Please see my Citi ThankYou Premier card review for details on redeeming your ThankYou points for at least $100 value per 10,000 points, but note that the special 25% bonus on travel redemption only apply if you also hold the ThankYou Premier card (you can redeem points earned from this card). Throw in the even-more special American Airlines flight awards from the Citi Prestige card and those 3X ThankYou categories start looking even better.

Bottom line. This is a niche card for folks that will soon be in the market for a new GSM phone, especially AT&T customers. (Non-AT&T customers can request a phone unlock before activating the phone on an AT&T plan, after which you’ll have an unlocked GSM phone that can be used on another GSM carrier. Afterward, you’ll still need to activate an AT&T plan for 15 days to get the credit.) If that’s you, then the sign-up bonus is very generous – up to $650 towards a full-price, no-contract AT&T GSM phone. Looking at all the scenarios above, even in the worst case you’d be behind $50 after two years vs. buying new AT&T phone via 2-year contract. There is also the $95 annual fee. That’s still a net benefit of over $500 and thus one of the top credit card sign-up bonuses currently available. The card then offers you ongoing bonus rewards on AT&T service as well as an interestingly broad category of “retail websites”. However, that $95 annual fee is rather high unless you spend $10,000 annually on the card and get the 10,000 ThankYou point anniversary bonus to offset it.

Chase Total Checking $150 + Chase Savings $100 Bonus

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Here’s a Chase Bank Total Checking + Savings account promotion offering up to $250 total for new customers, broken up into the following two bonuses:

Chase Total Checking $150 Bonus details. Checking offer is not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance. To receive the $150 checking bonus (taken directly from their offer page):

  1. Open a new Chase Total Checking account, which is subject to approval;
  2. Deposit $25 or more at account opening;
  3. Have your direct deposit made to this account within 60 days of account opening. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government.
  4. After you have completed all the above checking requirements, [Chase will] deposit the bonus in your new account within 10 business days.

Chase Total Checking® has no Monthly Service Fee when you do at least one of the following each statement period. Otherwise a $12 Monthly Service Fee will apply.

  • Have monthly direct deposits totaling $500 or more made to this account; OR
  • Keep a minimum daily balance of $1,500 or more in your checking account; OR,
  • Keep an average daily balance of $5,000 or more in any combination of qualifying Chase checking, savings and other balances.

Chase Savings $100 Bonus details. To receive the $100 savings bonus (taken directly from their offer page):

  1. Open a new Chase SavingsSM account, which is subject to approval.
  2. Deposit a total of $10,000 or more in new money into the new savings account within 10 business days of account opening;
  3. Maintain at least a $10,000 balance for 90 days from the date of deposit. The new money cannot be funds held by Chase or its affiliates.
  4. After you have completed all the above savings requirements, we’ll deposit the bonus in your new account within 10 business days.
  5. The Annual Percentage Yield (APY), for Chase SavingsSM effective as of 4/14/15, is 0.01% for all balances in all states.

Chase SavingsSM has no Monthly Service Fee when you do at least one of the following each statement period. Otherwise a $5 Monthly Service Fee will apply.

  • Keep a minimum daily balance of $300 or more in your savings account; OR,
  • Have at least one repeating automatic transfer from your Chase checking account of $25 or more. One-time transfers do not qualify; OR,
  • Have a linked Chase Premier Plus CheckingSM, Chase Premier Platinum CheckingSM, or Chase Private Client CheckingSM account.

Earning $100 on $10,000 for 90 days is the equivalent of 4% annualized return. The bonuses are considered interest and will be reported on IRS Form 1099-INT. You will need to provide your e-mail address and bring the unique coupon code they send you into a physical branch.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.  “The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.”

New Citi ThankYou Premier Card Review

Citi ThankYou Premier Card ArtThe Citi ThankYou® Premier Card has re-launched from our partner Citi, with a new sign-up bonus and purchase rewards structure. Get 50,000 bonus ThankYou Points as follows:

  • Earn 50,000 bonus ThankYou Points after $3,000 in purchases within the first 3 months of account opening.
  • First year annual fee waived, $95 after that.
  • No foreign transaction fee on purchases.
  • Chip Technology included for improved acceptance while traveling.
  • No limits on earning points or expiration dates.

What can you do with 50,000 ThankYou Points? Citi has been trying to improve the value and flexibility of ThankYou points, so here is a rundown of what you can do with 50,000 of them. Bonus ThankYou Points not available if you have had a Citi ThankYou Premier card opened or closed in the past 18 months.

$625 in Airfare (ThankYou Travel Center)

With the new Citi Premier card, you get a 20% discount on the standard travel redemption that a “regular” Citi card offers. The reverse math means 1 TY point = 1.25 cents towards travel. Note that this 25% bonus applies all of your points from all Citi cards linked to the same ThankYou account, thus boosting the value of all your other points. (Compare with the Citi Prestige card, which has 33% bonus amongst and other additional features, but also a higher annual fee.)

For example, with my non-Premier card, I found that a flight that cost $360 including taxes and fees on Expedia would cost 36,000 TY points from Citi Travel. But with the Citi Premier, it would only cost 28,800 TY points. ThankYou Travel Center screenshot:

ThankYou Travel Center screenshot:

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Expedia.com screenshot:

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So 50,000 TY points will indeed get you $625 in airfare, with the Citi Travel Center having the same price as compared to Expedia, Orbitz, etc. Since you can book any flight that can be found on Expedia, there are “no blackout dates”.

Don’t have enough points to cover an entire airfare? That’s okay. Let’s say you found a ticket that want for $200 = 16,000 points, but only have 10,000 points available. Citi now lets you pay the difference, so in this case you can get your $200 ticket for 10,000 points and $75. This makes it much easier to use up all of your points at a 25% premium.

$500 in Gift Cards, $500 Check Towards Student Loan / Mortgage

You can view your redemption options at ThankYou.com. I took a quick look and it takes 10,000 ThankYou (TY) points to redeem for a $100 gift card to retailers like Gap, Banana Republic, Barnes & Noble, Bath and Body Works, Bed Bath & Beyond, Cabelas, CVS Pharmacy, Kohl’s, Land’s End, LL Bean, Sears, Lowe’s, Home Depot, Staples, and Walmart. So with 50,000 TY points, you could get five $100 gift cards from different stores.

Want something closer to cash? For a check mailed to you, it is 8,000 points for $50 (1 points = 0.625 cent). The best deal is a check mailed towards your mortgage payment or student loan (made out to your lender), which is 7,500 points for $75 (1 points = 1 cent).

New Airline Transfer Options

Citi ThankYou points are also now available to transfer to certain airline mileage programs on a 1:1 basis including Cathay Pacific, EVA Air, Etihad, Flying Blue by Air France and KLM, Singapore Airlines, and Thai Airways. For example, 50,000 TY points can get you 50,000 Singapore Airlines KrisFlyer miles.

New Rewards Structure

The Citi ThankYou Premier now earns:

  • 3 ThankYou Points for every $1 spent travel including gas, airfare, and hotels.
  • 2 ThankYou Points for every $1 spent dining out and entertainment.
  • 1 ThankYou Point per $1 spent on other purchases.

Triple (3X) points on airfare and hotels, when combined with the 25% travel premium, makes that equivalent to a 3.75% reward towards travel booked through Citi Travel Center. Double (2X) on restaurants (includes bars and fast food) and entertainment makes that 2.5% towards travel booked through Citi Travel Center.

With the improvements in ThankYou point redemption, increased sign-up bonus, and new rewards structure, everything looks to be a little bit better than before. The current sign-up 50k sign-up bonus with no annual fee the first year is attractive. However, a cardholder would need a fair amount of spending in the bonus categories (gas, airfare, hotels, dining out) in order to offset the $95 annual after the first year where they waive it.