Citi® Hilton HHonors™ Visa Signature® Card Limited-Time 75,000 Point Offer

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Limited-time 75,000 point offer. The Citi® Hilton HHonors™ Visa Signature® Card, from our partner Citi, is their no-annual fee co-branded card featuring a new limited-time offer with the following perks:

  • Earn 75,000 40,000 Hilton HHonors Bonus Points after making $2,000 in purchases within the first 3 months of account opening*. This is the highest bonus that I have seen on this no-annual-fee card.
  • Earn 6 HHonors Bonus Points for each $1 spent at any participating hotel within the Hilton portfolio.*
  • Earn 3 HHonors Bonus Points for each $1 spent on purchases at supermarkets, drugstores and gas stations.*
  • Earn 2 HHonors Bonus Points for each $1 spent on all other purchases.*
  • Enjoy the benefits of HHonors Silver status as long as you are a cardmember*
  • No annual fee.*

This card is ideal for people who at least occasionally stay at Hilton hotels (as this card is also giving you a bunch of points and complimentary Silver status to try and get you to become more loyal). Hilton HHonors points are worth the most when redeemed for a hotel stay, as there aren’t really that many great cash-equivalent redemption options.

Silver Status perks include:

  • 15% bonus on all the HHonors Base Points you earn.
  • 5th night free on Standard Room Reward stays of 5 nights or more.
  • Complimentary in-room and lobby Standard Internet access during stays at Waldorf Astoria™ Hotels & Resorts, Conrad® Hotels & Resorts, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton™, Canopy™ by Hilton, Embassy Suites Hotels™ and Hilton Grand Vacations™
  • Two complimentary bottles of water per stay (at Waldorf Astoria™ Hotels & Resorts, Conrad® Hotels & Resorts, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton™, Embassy Suites Hotels™, Hilton Garden Inn™ and Hilton Grand Vacations™ hotels)

Hilton points redemption varies from month to month. You can use this search tool to see how much a hotel will cost in any specific area (i.e. Honolulu or Paris). Here are some example redemptions for the months of April, May, and June:

  • Honolulu, Hawaii. Hilton Waikiki Beach is 40,000 points. Hilton Hawaiian Village Waikiki Beach Resort is 50,000 points.
  • San Francisco, California. Hilton San Francisco Union Square is 50,000 points.
  • Orlando, Florida. DoubleTree by Hilton Hotel at the Entrance to Universal Orlando is 20,000 points.
  • New York City, NU. DoubleTree by Hilton Hotel New York – Times Square South is 70,000 points. Hilton Times Square is 80,000 points.

This Citi Hilton card is the version with no annual fee, the first year or any future year. If you have this card and are looking to sign-up again, please note this fine print:

Hilton HHonors Bonus Points offer not available if you have had a Citi Hilton HHonors Visa Signature Card account that was opened or closed in the past 18 months.

There is also another card called the Citi Hilton HHonors Reserve Card which has a $95 annual fee, but has better ongoing perks. I previously applied for the Reserve version and enjoyed nice stay in Hawaii with it, but I can understand that some people prefer no annual fee.

“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.”

JetBlue Will Match Virgin America Points For Potential $1,000 Airfare Value

jetblueva0Earlier this year, JetBlue wanted to merge with Virgin America, but Alaska Airlines ended up winning the bidding war. Now they are just fighting over potential customers, which means some interesting things for us!

The newest promotion offers to match your Virgin America Elevate points subject to certain conditions:

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How good is this deal? If you have 50,001 Virgin America points and fly one roundtrip on JetBlue by 8/31, you can get 75,000 free JetBlue points. 75,000 JetBlue points will vary in value, but a reasonable estimate is $1,050 in airfare. This is based on 1.4 cents per JetBlue point as calculated in my JetBlue credit card review. Assuming you live near a JetBlue-served airport, a roundtrip will cost a minimum of $68 to $200. Therefore, there is a lot of room for “profit” on this deal.

Additional details:

  • Elevate® members must email a screenshot of their account dashboard to pointsmatch@jetblue.com by 7/4/2016. Screenshots must include first name, last name, and points balance. Please include your TrueBlue number in the email. If you are not a TrueBlue member yet, sign up now.
  • Once we assess your balance and eligibility, we’ll email you to let you know if you’re officially registered for the promotion.
  • Then book and fly one roundtrip JetBlue flight by 08/31/16.

How do I get Virgin America Elevate points?

  • You might already have some from being a Virgin America customer.
  • You can transfer Starwood Preferred Guest points on a 1:1 basis. If you transfer a minimum of 20,000 points, you’ll get 25,000 Virgin Elevate points. Thus, if transfer 40,001 SPG points, that would give you exactly 50,001 Virgin Points.
  • You can transfer Citi ThankYou points on a 2:1 basis. So 10,000 Citi ThankYou points would be 5,000 Virgin Elevate points.
  • You can transfer American Express Membership Rewards points on a 2:1 basis. So 10,000 AmEx MR points would be 5,000 Virgin Elevate points.

Reality check. This is possibly a great deal for a net “profit” of $900+ of free JetBlue airfare, but there are a lot of moving parts:

  • You’ll need a plan to get 50,001 Virgin points. Are you willing to give up 40,001 SPG Starpoints to get there? This isn’t a big hurdle, considering that you can simply buy 30,000 Starpoints per account for $735 right now, and you can combine Starpoints from multiple accounts.
  • You’ll need to have a plan to redeem those Virgin America Elevate points, so hopefully you live next to an airport served by Virgin America or partner airline like Hawaiian and want to fly somewhere on their route map. If you’re patient, Alaska Airlines. Based on previous calculations, 50,000 Virgin America points can buy roughly $800 to $1,300 in airfare. Virgin America route map.
  • You’ll need a plan to redeem those JetBlue points, so you should also live near an airport served by JetBlue and want to fly somewhere on their route map. Again, 75,000 JetBlue points is worth roughly $1,050 in economy airfare. JetBlue route map.
  • You’ll need to buy a roundtrip ticket on JetBlue and complete your flight by August 31st. Fares start at a little under $100. Some people will just do a “mileage run” and effectively spend a day flying around in a circle to qualify. If you needed to fly anyway, that would be even better.

Costco Members: Free Sam’s Club Access Through July 4th

samslogoSam’s Club must be tired of Costco getting all this free publicity from them switching from American Express to Visa. Their Twitter account just announced that showing your Costco Membership card will get you a free day pass to any Sam’s Club location through July 4th, 2016.

They really want you to know that Sam’s Club accepts all major credit cards including Visa, Mastercard, American Express, and Discover. (Of course, you know that Costco negotiated some really low credit card processing fees from Visa, so hopefully that results in lower prices.)

I’m a Costco regular myself, but Sam’s Club does offer a different selection and I like to visit them from time to time. For example, back in the Spring I bought a large amount of organic gardening soil at Sam’s for a good price, while the same weekend Costco had no soil of any type available at all.

BankAmericard Cash Rewards™ Credit Card Review: $100 Bonus, Preferred Rewards Bonus

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Updated. As of June 1st, 2016, the 2% cash back includes both grocery stores and wholesale clubs (up to 3.5% with Platinum Honors Preferred Rewards), with the spending cap raised to $2,500 in combined gas, grocery, and wholesale club purchases per quarter. This is a permanent (non-rotating) category addition that includes Costco, Sam’s Club, and BJs wholesale clubs.

The BankAmericard Cash Rewards™ Credit Card is the mainstream “cash back rewards” credit card branded by Bank of America. In this review, I’ll cover the basic card features but also focus on a lesser-known opportunity – if you’re a Preferred Rewards client, you can increase that bonus to 25% – 75%. For such “relationship” customers, the bonus can change this card from good to great. Read on for details.

Here are the highlights of this card:

  • No annual fee.
  • $100 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening.
  • Earn 1% cash back on every purchase, 2% at grocery stores and now at wholesale clubs, and 3% on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
  • No changing categories and no expiration on rewards
  • 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 13.24% – 23.24% Variable APR. 3% fee (min $10) applies to balance transfers.
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • If you’re a Preferred Rewards client, you can increase that bonus to 25%-75%. Click “Apply Now” to learn more about Preferred Rewards.

The Preferred Rewards program is designed to rewards clients with multiple account and higher assets located at Bank of America banking, Merrill Edge® online brokerage, and Merrill Lynch® investment accounts. Here is a partial table taken from their comparison chart (click to enlarge):

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Let’s consider the options. Bank of America’s interest rates on cash accounts tend to be lower than highest-available outside banks, so moving cash over to qualify may reduce your interest earnings. Merrill Lynch advisory accounts also usually come with management fees. However, if you have brokerage assets like mutual funds and ETFs, moving them over to Merrill Edge may actually reduce your costs because at the Platinum and Platinum Plus levels they will actually give you 30 to 100 free online stock trades every month.

I recently moved a little over $100k of brokerage assets (Vanguard funds) over to Merrill Edge to qualify for Platinum Honors. I realize not everyone will have this level of assets to move around, but if you do then it is worth considering. Also, I later realized that it will take a while for my “3-month average combined balance” to actually reach the $100k level and officially qualify for Platinum Honors. After that the 25% – 75% rewards bonus on credit card rewards kick in.

Cash Back Rewards Tiers for Preferred Rewards

Recall that the basic structure is “1/2/3”; you get 1% cash back on every purchase, 2% at grocery stores and wholesale clubs and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter (1/2/3). Here’s how the bonuses work out:

  • Platinum Honors 1.75/3.5/5.25: 1.75% cash back on every purchase, 3.5% at grocery stores and wholesale clubs, and 5.25% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
  • Platinum 1.5/3/4.5: 1.5% cash back on every purchase, 3% at grocery stores and wholesale clubs, and 4.5% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
  • Gold 1.25/2.5/3.75: 1.25% cash back on every purchase, 2.5% at grocery stores and wholesale clubs, and 3.75% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.

Note that the terms state “The Preferred Rewards bonus will replace the customer bonus you may already receive with the card.”, which I interpret to mean that you will lose the 10% bonus for redeeming your cash back into a Bank of America® checking or savings account.

Well, I wish my cable company would offer such nice “bundling” incentives, as now Bank of America has managed to convince me to go from only having a checking account with them to now also having a Merrill Edge brokerage account with 100 free trades per month and a new Bank of America credit card.

(Side note: Stack this offer with the separate Merrill Edge brokerage sign-up bonus.)

Not all Bank of America consumer credit cards qualify for Preferred Rewards. Another card that does qualify is the BankAmericard Travel Rewards® credit card (see review). I initially picked the BankAmericard Travel Rewards credit card myself, but will probably add this card now for the potential to get 3.5% cash back on all my Costco wholesale club purchases. Also, this card gives you cash while the Travel Rewards card rewards must be redeemed against travel purchases.

“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.”

Free Amazon Credits from Apple eBooks Antitrust Settlement

kindlebooksThe short version: Apple settled an e-Book antitrust lawsuit for $400 million. Click here and log in to instantly check if you were awarded any credit automatically to your Amazon account. Note the purchases that count would have been made sometime 2010-2012, so if you used a different account back then, log in with that one. The credit will expire on June 24, 2017.

The long version:

In November 2014, a federal court approved a Settlement of antitrust lawsuits brought against Apple, Inc. (“Apple”) by State Attorneys General and Class Plaintiffs about the price of electronic books (“eBooks”). Those settlements resulted in credits for qualifying Kindle books purchased between April 1, 2010 and May 21, 2012. These credits are funded by Apple.

Eligible customers do not need to do anything to receive these credits. If you are eligible, we have already calculated your credit for you and added it to your Amazon account. As long as you have credit remaining we will automatically apply it to your purchase of qualifying items through Amazon.com, an Amazon device or an Amazon app. The credit applied to your purchase will appear in your order summary as a gift card during checkout and in your account history. Eligible customers should have received a notification email from Amazon on June 21, 2016. This credit will expire at 11:59pm PDT on June 24, 2017. You can learn more about the settlements at www.amazon.com/help/ApplebooksettlementFAQs.

I didn’t receive anything myself, but I usually only pay for physical books and just pick up Kindle books when they are free.

5% Cash Back Credit Cards: Rotating Categories Update 2016

Updated June 2016. Activation for 3rd quarter now open. Chase Freedom 5% back on Wholesale Clubs (including Costco, Sams Club, and BJs) extended until September 30th. Other notable 5% categories include restaurants, home improvement stores, and Amazon.com.

The credit cards below offer a hefty 5% cash back on certain categories that rotate each quarter. It takes a little extra attention, but I also rack up over a hundred dollars in additional rewards per year without changing my spending habits. None of these have an annual fee, so it costs me nothing to keep them all around. New cardmembers often also get an initial sign-on bonus.

Side tip: Sometimes I even load up on gift cards so that I can get the 5% back now but spend the gift cards later.

Chase Freedom VisaChase Freedom® – $150 Bonus 

From April 1st through June 30th, 2016 you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Grocery Stores (not including Wal-Mart and Target purchases)
  • Wholesale Clubs (includes Costco, BJ’s, and Sam’s Club)

From July 1st through September 30th, 2016 you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Restaurants
  • Wholesale Clubs (includes Costco, BJ’s, and Sam’s Club)

q3_2016_chasefreedom

Enroll each quarter at ChaseBonus.com. As long as you activate by the end of the quarter the rewards are retroactive. All other purchases earn 1% back, with no tiers or expiration of rewards. Currently, the Chase Freedom® card is offering $150 bonus cash back if you sign up and make just $500 in purchases in your first three months and a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period. No annual fee.

Discover it 14 ImageDiscover it® Card

From April 1st through June 30th, 2016 you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Restaurants
  • Movies

From July 1st through September 30th, 2016 you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Home Improvement Stores
  • Amazon.com

q3_2016_discover

Enroll after logging into your online account (look on the right-hand side). 5% rewards won’t apply until after you activate your rewards, so it is best to activate now before you forget. New applicants can get their earned Cash Back doubled at the end of the first year.

Citi Dividend Platinum Select Visa CardCiti® Dividend Platinum Select® Visa® Card (Existing cardholders only) From July 1st through September 30th, 2016 you can earn 5% cash back on up to $1,500 spent in the following categories: (calendar):

  • Hilton Portfolio of hotels and resorts
  • Car Rentals

This a grandfathered card that is no longer available to new applicants. Log into your online account or call 1-800-231-0891 to activate the rewards each quarter (starts upon activation, not retroactive). The total cash back limit is $300 earned per calendar year.

U.S. Bank Cash+ Visa Signature Card. What makes this card unique is that you get to choose the two 5% cash back categories every quarter, out of a preset selection of niche categories like “Fast Food” or “Sporting Goods Stores”. You also get to choose a single 2% cash back category from a preset selection of broader categories like “Gas Stations” or “Grocery Stores”. 1% cash back on everything else. No limit on total cash back earned.

As you’ll see below, getting 2% is not that special, so this card is best if you spend significantly in the available niche categories. Also, you must remember to choose your categories each quarter! If you do not choose your categories, all purchases revert to only earning 1% cash back for that quarter.

Finally, get a better “Everything Else” card! Don’t settle for the “1% on everything else” that these cards offer. The following cards currently have the ability to offer cash back rewards as high as 2% or even greater. Please read my card-specific reviews for details.

“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 Costco Anywhere Visa Card by Citi Review

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Updated June 2016; Now open to new applicants. Citi and Costco have released the details of their new co-branded credit cards, the Costco Anywhere Visa® Card by Citi and the Costco Anywhere Visa® Business Card by Citi. Here’s a quick overview of the details for each card.

Costco Anywhere Visa® Card by Citi highlights: (For Personal Use)

  • 4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year and then 1% thereafter. You will not get 4% cash back for gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco.
  • 3% cash back on restaurant and eligible travel purchases worldwide
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases
  • Worldwide Car Rental Insurance and Worldwide Travel Accident Insurance.
  • Damage & Theft Purchase Protection is included, which may cover you for repairs or refunds for items you purchased with your Costco Anywhere Card that are damaged or stolen within 120 days of purchase (90 days for New York residents).
  • No annual fee (with paid Costco membership).
  • Will also serve as your Costco membership card.

Costco Anywhere Visa® Business Card by Citi highlights:

  • 4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year and then 1% thereafter. You will not get 4% cash back for gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco.
  • 3% cash back on restaurant and eligible travel purchases worldwide
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases
  • Worldwide Car Rental Insurance and Worldwide Travel Accident Insurance.
  • Damage & Theft Purchase Protection is included, which may cover you for repairs or refunds for items you purchased with your Costco Anywhere Card that are damaged or stolen within 120 days of purchase (90 days for New York residents).
  • No annual fee (with paid Costco membership).
  • Will also serve as your Costco membership card.
  • Visa SavingsEdge eligibility. Receive automatic savings after enrollment on qualifying purchases at participating merchants.

Had the Costco American Express? You did not need to apply for a new card. You should have already received the new card in the mail to your registered address. After June 20, 2016, you can start using it. At that time, any cash rewards and/or debt balance will be transferred over to the new card, and your Costco American Express will be closed automatically. You should not have closed your Costco American Express on your own, or you wouldn’t have received the benefits of this automatic transfer.

The rewards will accrue in the form of “Costco Cash Rewards”. This means you’ll get a paper coupon snail-mailed to you once every year in February based on your previous year’s spending, which you can either (1) use as payment for goods directly at the Costco cash register or (2) convert to cash or check at a Costco customer service desk. You may also do a partial redemption at a cash register and they’ll give you the remaining balance in cash. Coupon must be redeemed in person on or prior to its expiration date of December 31 in the year in which it is issued.

Commentary. Here is an overview of the competition:

  • The new Fidelity Rewards Credit Card is another Visa card that should get you 2% back on your Costco purchases.
  • The Citi Double Cash Card exists both a Visa and Mastercard, but reports are you cannot switch to a Visa if you have a Mastercard.
  • The BankAmericard Travel Rewards Credit Card is a Visa and has the potential to earn you up to 2.625% back at Costco in the form of statement credits towards travel (see review; additional requirements apply).
  • The BankAmericard Cash Rewards Credit Card is a Visa and has the potential to earn you at least 2% and up to 3.5% cash back at Costco on up to $2,500 in purchases per quarter (see review; additional requirements apply).
  • Through the end of 2016, the Chase Freedom Card will earn you 5% cash back on up to $1,500 in purchases per quarter. You can even stock up on Costco gift cards bought at Costco.com if you want to max out this limited-time promotion.

This card maintains the overall simplicity of the old consumer card, while slightly improving the rewards percentages. The bonus category percentages went up (new Visa is 4/3/1, old AmEx was 3/2/1). The improved 2% cash back at Costco and Costco.com (formerly only 1%) is significant, as it means that you finally won’t be as tempted to use a non-Costco-branded card at Costco! I was hoping for 5% back on gas to match the Sam’s Club card, but I suppose we’ll have to settle for 4%. I would also note that both the personal and business cards now have the same rewards percentages.

I Tried Harry’s Free Razor Trial and This Is What Happened…

harrysad
…that’s the ad text that they used to target me, apparently someone who may be interested in bright-orange, modern-looking razor blades. I couldn’t find the exact ad again, but a similar one is to the right. (Alternate title: Harry’s Free Trial Review: Bendy Razor Blades, Easy Cancel)

Well, they were right. I decided to try the Harry’s “Free” Trial which includes a razor and some gel for $3 including shipping. If you don’t like it, just remove the subscription plan in your online account and you get to keep everything else.

Okay, so what happened? The primary reason that I will not be buying any more Harry’s Razors doesn’t involve cost at all. I simply don’t like their design. The blades are proprietary and have a unique “bendy” hinge that I describe as like having a tongue lick you. A tongue that makes it impossible to get the firm shave that I prefer.

I created an animated gif to help illustrate:


via GIPHY

After doing this trial, I found that the Wirecutter review site had a similar opinion:

Rather than clipping to a pivoting axis, the way most modern razors do, Harry’s cartridge attaches with a flexy rubber pseudo-hinge that bends when you press it into your skin. Harry’s claims that this design yields an effect that, like “a paintbrush on a wet canvas … flexes to the contours of your face for precise control.” In fact, the opposite is true: The cartridge yields too much, resulting in a sloppy shave.

I don’t consider myself a picky razor user, for a while I’ve been using a basic Gillette Mach 3 bought from Costco for $1 or under each. (I was surprised to see The Wirecutter also chose a Mach3 blade cousin as its winner.) As I can last more than a month with each razor (dry after each use), I am already spending less than a dollar month on razors. I have not tried the Dollar Shave Club. For me, buying a bulk pack of razors once every two years requires less mental bandwidth than having to manage an online subscription.

I’ll keep the rest of this review short and simple:

  • Ordering was easy, site design is nice, and the trial shipped promptly.
  • Canceling the trial was also easy with no hard sell.
  • I did not like the razor design, and for that reason will not be ordering any more Harry’s razors.

Shaving preferences are very subjective. I would still recommend the Harry’s trial itself.

WalletHub Review: Free Daily TransUnion Credit Score and Report

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Here’s a quick review of a new credit service called WalletHub. While the stated mission is to help improve your financial situation, at its core is a service that offers free credit score, free credit reports, and free credit monitoring. In exchange, it will use your personal data to show match you up with advertised offers like car loans, credit cards, and prepaid cards. Highlights:

  • Free non-FICO credit score, updated daily. Credit score model is the VantageScore 3.0, scale 300-850. Credit bureau is TransUnion.
  • Free daily access to full TransUnion credit report. You can take a look at your full TransUnion credit report on any day, but keep in mind that TransUnion only updates the data once a month.
  • Free daily credit monitoring. Since they are already checking your data every day, Wallethub will send you an e-mail alert if there any significant changes to your TransUnion credit report.

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The competition. As noted, this is not a FICO score but something called the VantageScore 3.0. These “FAKO” scores are still useful for tracking changes to your credit report information. However, competitor CreditKarma.com already offers the VantageScore 3.0 for both your TransUnion and Equifax credit reports. CreditKarma updates your score once a week, as opposed to WalletHub’s daily. Both offer daily credit monitoring based on TransUnion data.

Bottom line. For most people, I would say covering two out three credit bureaus by Credit Karma on a weekly frequency is better than the single bureau on a daily frequency. However, I know there are some folks that are meticulously rebuilding their credit and may appreciate daily score updates. The same folks may appreciate full TransUnion report access. I am satisfied with ongoing daily monitoring from Credit Karma and the free annual report mandated by the government. You could always use both if you are okay with providing both services your Social Security number and other personal information.

Free FICO Score from Wells Fargo Credit Cards and Loan Borrowers

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This post provides updated information and instructions regarding the free FICO score that is available to Well Fargo credit card holders and select loan borrowers. Accessing your own FICO Score will not impact your credit score.

Background. Wells Fargo started rolling out free FICO scores to select credit cardholders and certain loan borrowers in early 2016, with a stated plan of increased rollout throughout the rest of 2016.

FICO Score details.

  • FICO Score version: FICO Bankcard Score 2. This is one of the older FICO score models with score range 250-900 amongst the many FICO flavors. Score version is taken from app screenshot.
  • Credit bureau: Experian
  • Update frequency: Monthly (Approximate)
  • Limitations: Available only to affiliated Wells Fargo customers. As of May 2016, customers with credit cards, student loans, direct auto loans, and personal loans are eligible. Home mortgage and Home Equity Line of Credit customers are “coming soon”. As of May 2016, only available in their smartphone and tablet apps. Desktop access to come later in 2016.

How to find the score. As of May 2016, access to the free FICO score is only available via their Wells Fargo smartphone and tablet apps. Desktop access will arrive later. You can find the mobile app download links here. If you already have it, double-check that your app version is the most up-to-date version.

After installation, sign on to your Wells Fargo account. Go to your Account Summary. Select “View Your FICO® Credit Score” and opt in. Here are some screenshots from the app (credit to j615 of myFICO forums, click to enlarge):

wf_cc1   wf_cc2

If you do not see the “View Your FICO® Credit Score” button, either update your app or check your eligibility again. You must be the primary cardholder; authorized users are not eligible.

Bottom line. If you are already a Wells Fargo customer, they already have most of your personal information, so I see little reason not to take advantage of this free FICO score offer based on your Experian database. I would take note that this is not the more common FICO 08 Classic score model with score range of 300 to 850.

Here is additional information about other major credit card issuers with free FICO programs:

Finimize Insider Access for Daily Finance Newsletter

finimizelogoIn response to the flood of information constantly coming at us, there are daily e-mail round-ups that curate and summarize. A popular general news newsletter that I enjoy is NextDraft, but there is also one specifically for finance news called Finimize. Basically, it is the day’s financial events edited into roughly two top stories using straightforward language and takes under 5 minutes to read.

Finimize recently approached me about offering some perks for My Money Blog readers. (I don’t get anything if you sign-up.)

  • All readers who sign up using this special link within 1 week will automatically become a Finimize Insider. You would usually have to refer 5 other friends to get this status. The extra perks include early access to new features like a weekly review edition, and possibly some branded swag.
  • In addition, the first 200 people to sign up will receive an email within 24 hour with an invite to their new limited-release app (iOS only right now).

I’ve subscribed for a while, and the content is more economic and business finance news and less personal finance. You can read past editions in their Archives. Unsubscribe easily at any time.

Citi AAdvantage Executive World Elite MasterCard: Limited-Time Offer

Citi AAdvantage World Elite MatserCard ArtThe Citi® / AAdvantage® Executive World Elite™ MasterCard®, from our partner Citi, is their premium American Airlines co-branded card and the sign-up bonus has been bumped up for a limited-time. The highlights:

  • Earn 60,000 American Airlines AAdvantage® bonus miles after spending $5,000 in purchases within the first 3 months of account opening*
  • Admirals Club® membership for you with guest privileges*
  • Complimentary Admirals Club® lounge Access for authorized users
  • 10,000 Elite Qualifying Miles from American Airlines after $40,000 spent on purchases every year (January through December billing statement)*
  • No Foreign Transaction Fees on purchases*
  • Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases and 1 AAdvantage® mile for every $1 spent on other purchases*
  • First checked bag is free on domestic American Airlines itineraries for you and up to eight companions traveling with you on the same reservation*

The first special feature on this card is the flexible Admirals Club lounge membership. The 60,000 miles are nice and can be converted to several hundred dollars (or more) worth of airfare. $100 for TSA PreCheck and Global Entry is nice. But the annual fee is a hefty $450. The thing that tips the scales is the Admirals Club membership, which usually costs $500 on its own and allows you and your immediate family (or up to two traveling guests that accompany you) to access over 50 Admirals Club locations worldwide.

You don’t even need to be on an American Airlines flight! You can even give your spouse or trusted friend/family an authorized user card and they’ll get lounge access too, even while traveling separately from you.

You can be flying on any airline, and if that airport has an Admirals Club you and your family can go inside. Lounge access might save you money on certain things like food/drinks and WiFi (and sometimes hot showers), but mostly it just makes the overall flying experience more pleasant. I’ve been to Admiral’s Club with special kids rooms; perfect for delays or layovers. You can enjoy this for an entire year before you have to pay the next year’s $450 annual year.

The second special feature on this card is for the American Airlines elite qualifying miles if you know you can generate the required $40,000 in spending in a calendar year. I’ve given up status chasing for the time being, but if you’re an elite on American, you probably already know the value of accumulating these type of miles. 10,000 elite qualifying flight miles is like going from Honolulu to Los Angeles, roundtrip, twice.

This is a niche premium card; If you don’t care about lounge access and aren’t trying to achieve elite status on American, this card is not for you.

Note the bonus fine print if you’ve had this exact card before:

American Airlines AAdvantage® bonus miles not available if you have had a Citi®/AAdvantage® Executive World EliteTM MasterCard® opened or closed in the past 24 months.

If you fly on American but neither of the two bolded reasons above are attractive to you, I would look into the Citi ThankYou Prestige card instead. (This is how I’ve been checking out all the Admiral lounges.) There are no elite qualifying miles and you need to have a American Airlines boarding pass to gain club lounge access, but it also offers a variety of alternative perks.

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