I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
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 though Arrival Plus has a bigger signup bonus.
The PNC card is available only in:
- North Carolina
- New Jersey
- South Carolina
- 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)