New 2% Rebate Card With $300 Signup Bonus

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PNC Bank has launched the Premier Traveler Visa Signature.

The card earns 2 miles per dollar spent which is effectively a 2% rebate when used for travel. It has a 30,000 point signup bonus after $3000 in spend within 3 billing cycles of account opening, worth $300 towards travel. It’s a no foreign transaction fee card with a $0 fee the first year then $85.

The card is very similar to the Barclaycard Arrival Plus Card, though Arrival Plus has a bigger signup bonus.

The PNC card is available only in:

  • Alabama
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kentucky
  • Maryland
  • Michigan
  • Missouri
  • North Carolina
  • New Jersey
  • Ohio
  • Pennsylvania
  • South Carolina
  • Virginia
  • Wisconsin
  • West Virginia
  • Washington D.C.

I think that the Barclaycard Arrival Plus Card is better. And for ongoing spend I prefer cash rather than travel credits — Citi Double Cash of course is going to give you 1% back when you make a purchase and then another 1% back when you pay off your purchase. It’s a statement credit, so real cash and not credit towards future travel spend. And it’s a $0 annual fee card, not just $0 the first year.

However it’s great to see even more competition in the high value rebate space and with a decent signup bonus. Some folks will be interested in PNC’s offering, though even more will be interested in Arrival Plus and Citi Double Cash.

(HT: Doctor of Credit)

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Comments

  1. Decent option at least for the first year. And it is nice to have an option outside the usuals: Citi, Chase, etc.

  2. Why is Visa not suitable for overseas? AMEX might be not as widely accepted but I though Visa was fine.

  3. @DJ he means because of poor foreign currency exchange rates compared to MC (rather than fees). Visa and MC are still far and away the most widely accepted cards overseas.

  4. Saying that the Citi DC offers 2% as a statement credit is misleading. It implies that the 2% rebate is applied to your account automatically every month and that is simply untrue. You have to wait until you have accumulated at least $25 and then you can request a credit.

    Then on the other hand we have a new player, Blispay. With their Visa card they automatically post 2% of your spend to your account each and every month.

  5. Happy to finally be able to offer a card in this category that gets a bit of coverage from VfTW! If anyone is in downtown DC near Archives/Navy Memorial metro, stop in to PNC and ask for Dan!!! I would be happy to help you get more than just the $300 card bonus!

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