I signed up for this card (and the business version) when they offered 100,000 points as a bonus. And at the time you could generate 1.7 cents per point in value redeeming for Hyatt gift certificates. They wound up sending me gift cards instead, I had them replace those with the certificates I ordered. They cancelled most of the gift cards…
They haven’t had really big bonuses in awhile but there’s now a 50,000 point offer after $3000 spend within 3 months, $0 annual fee the first year then $59. This is not my link and I do not know how long it will be available.
You won’t get more than $500 in value out of this bonus. Capital One can be a relatively tough approval, but you probably don’t already have a card from this bank. Downside is that in my experience they pull credit from all three bureaus That’s three pulls instead of the standard one, so if you apply for lots of cards this one – at a 50,000 point bonus – may not be worth it to you.
Personally I like the Barclaycard Arrival PlusTM World Elite MasterCard® better. It gives you 40,000 points after $3000 in purchases within 90 days. That’s worth $400 towards travel. And the card gives you 10% of your points spent on travel back, so another $40 or effectively a $440 signup bonus. And a 2.2% rebate towards travel on an ongoing basis. It’s from Barclaycard (so not Chase or American Express or Citi, but with more/better options than Capital One) but only one credit pull.
It has a $0 annual fee the first year, $89 thereafter, has no foreign currency transaction fees, and gives you complimentary TripIt Pro membership (which normally costs $49). Plus they’ll give you points for your travel stories (whether you’re a cardholder or not, but the points are worth more if you are) and they’ll give you your FICO score for free.
(HT: Million Mile Secrets)
(Note that cards in this post offer credit to me if you’re approved using my links. The opinions, analyses, and evaluations here are mine. The content is not provided or commissioned by American Express, by Chase, by Citibank, US Bank, Bank of America, Barclays or any other company. They have not reviewed, approved or endorsed what I have to say.)
- You can join the 30,000+ people who see these deals and analysis every day — sign up to receive posts by email (just one e-mail per day) or subscribe to the RSS feed. It’s free. You can also follow me on Twitter for the latest deals. Don’t miss out!