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There are several offers right now that I don’t think are going to last. Some we know won’t. Others banks have hinted they won’t. And in some cases we can make that bet based on past experience.
Usually there aren’t this many heightened offers at once, it’s an embarrassment of riches, largely I think because:
- It’s getting harder and harder to get consumer attention, banks need to spend more to acquire customers
- It’s a highly competitive environment, when one product increases its offer others respond in kind.
There’s a best-ever bonus for Citibank’s American Airlines business card, the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® will give you 70,000 miles after spending $4,000 within the first 4 months of account opening. This card has a $0 annual fee the first year (then $99). That won’t last. It’s not the new normal.
Historically Chase’s IHG credit cards have had 60,000 point offers, sometimes 70,000 point offers and only a couple of times peaked at 80,000. Their new IHG® Rewards Club Premier Credit Card has an initial bonus offer is 80,000 points after $2000 spend within 3 months. We’ve only seen better once, so I assume this offer could drop back down.
The card comes with Platinum status, a free night after each account anniversary year, and a free reward night on points stays of 4 or more nights. (That’s better than the ‘5th night free’ from Starwood and from Hilton, and amounts to a 25% discount on four night award stays.)
The new World Of Hyatt Credit Card launched with a limited-time offer of up to 60,000 points with this card. You earn 40,000 points after $3000 in spend on purchases in the first 3 months from account open and an additional 20,000 points if you spend $6000 total within the first 6 months. We’ve been told this will not last. I’d get the card now while the limited time additional 20,000 points are being offered.
Park Hyatt New York
Sometimes we see 30,000, 40,000 or 50,000 points but we’ve never seen a bigger offer for the Southwest Rapid Rewards® Premier Business Credit Card than the current 60,000 points after $3,000 in purchases in the first 3 months your account is open. It’s the fastest start towards a Southwest Companion Pass which is earned after 110,000 points in a year. And now is exactly when you want to get started so your bonus posts early in 2019 (earn the companion pass in 2019 and it’s valid for the rest of the year and all of 2020).
While my bet is that the current offer on the Southwest Rapid Rewards® Premier Business Credit Card doesn’t last because of its size, we have actually been told that 60,000 point offers for the Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card and Southwest Rapid Rewards® Priority Credit Card won’t last — there’s a published end date in early January. Each of these will let you earn 40,000 points after spending $1,000 in the first 3 months — and an additional 20,000 points after spending a total of $12,000 in the first 12 months.
The first-ever 100,000 point signup bonus came years ago from the British Airways Visa Signature® Card and they’re up to 100,000 again. It has come around occasionally over the years, and is offered on the similar Aer Lingus and Iberia cards too. You earn 50,000 after $3,000 spend within 3 months from account opening, an additional 25,000 bonus Avios after you spend $10,000 total on purchases within your first year of account opening for a total of 75,000 bonus Avios, and a further 25,000 bonus Avios after you spend $20,000 total on purchases within your first year from account opening for a total of 100,000 bonus Avios.
British Airways First Class
There’s a limited-time offer for the UnitedSM Explorer Card that has a published end date in early January. And it has the biggest public offer I’ve ever seen for the card — 65,000 miles, 40,000 after you spend $2,000 on purchases in the first 3 months your account is open and an additional 25,000 after you spend $10,000 total on purchases in the first 6 months your account is open. (Earning the full bonus requires just an average of $1667 per month in spend.) Most of the time I’ve seen this card charge its $95 annual fee in year one but currently it’s $0 the first year.
I rarely write about Capital One but they’ve come on a lot this year and have just gotten really aggressive. I’ve never seen a public 200,000 mile offer before. I don’t believe that can last, and they say it’s limited-time. But right now the
Capital One will offer points transfers to miles from several of their cards starting next month at 2-to-1.5 to:
- Star Alliance: Aeroplan, Avianca, EVA Air
- SkyTeam: Aeromexico, Alitalia, Air France KLM Flying Blue
- oneworld: Cathay Pacific, Finanir, Qantas, Qatar Airways
- Non-alliance: Etihad, Hainan Airlines
That means your 200,000 miles would be worth $2000 — or could be transferred to your choice of 150,000 miles with any of these 12 airlines (starting next month).
Finally will the best signup out there in my humble opinion, 80,000 Chase Ultimate Rewards points after $5000 spend within 3 months for the Ink Business Preferred℠ Credit Card every go away? That I don’t actually know.