Tuesday, April 10, 2012

The Big List - Credit Card Bonus Offers Galore

It's always frustrating being out of the internet loop for an extended period of time. Case in point, I go on vacation for a week, and there are tons of new credit card bonus offers that have already come and gone. A flurry of credit card deals recently hit the market, some of them lasting only a few days or less. It's unclear if these were meant to be targeted only and thus were pulled prematurely, but many people were still able to sign up and have the bonus offers confirmed.

While some deals may have already expired, there are still many others out there for the taking. Therefore, I've gone ahead and compiled a list of what I feel is the best current bonus offers available. As always, I never use affiliate links, nor do I ever make money off of referring a credit card. Feel free to leave a comment if you know of better promotions!


Chase Ink Bold Business Card - 50,000 Bonus Points (EXPIRED)

I previously wrote about the Chase Ink Bold back in September of last year. Well, a newer version of this card has come out since then, with slightly modified earn rates. Here's the basic rundown on the offer:
  • Earn 50,000 bonus Ultimate Rewards points after spending $5,000 within the first 3 months
  • Earn 5x points per $1 on the first $50,000 spent annually at office supply stores, cellular phone, landline, internet, and cable TV services
  • Earn 2x points per $1 on the first $50,000 spent annually at gas stations and hotels (when purchased directly with the hotel)
  • Earn 1x points per $1 on all other purchases, with no limits on how much you can earn
  • No foreign transaction fees
  • $95 annual fee waived for the first year
Last week, for less than a day, there was a 60,000 Ultimate Rewards points offer with the same spend requirement floating around. Unfortunately, the website was pulled very quickly as news spread. Thus, the the offer I detailed above is still the best one that is currently available. However, Gary from View From The Wing just mentioned that even this may be pulled soon. The standard offer now gives you only 25,000 bonus points after your first purchase, and requires a $10,000 spend within the first 3 months to get the remaining 25,000 points. I would go ahead and apply via the link below before it gets pulled!

50,000 Ultimate Rewards points can be redeemed for a $500 check or statement credit. If you book airfare directly through the Chase travel tool, 50,000 points can be redeemed for tickets worth up to $625. Otherwise, the best way of utilizing these points, in my opinion, would be to take advantage of the 1:1 transfer ratio and move them over to one of the many airline and hotel partners, including United, Southwest, British Airways, Korean Air, Hyatt, Marriott, or Priority Club accounts. There are a number of other (less valuable) ways to redeem your UR points through their website as well. Apply here.


Citibank American Airlines AAdvantage Card - 50,000 Bonus Miles
I previously wrote about the Citibank AAdvantage card back in December of last year. Unfortunately, those links have already expired. However, the same sign-up bonus still exists! Here's the basic rundown on the offer:
  • Earn 50,000 bonus AAdvantage miles after spending $3,000 within the first 4 months
  • Receive a one-time $150 statement credit after the first eligible American Airlines purchase you make within the first 12 months (there is no minimum purchase amount, so you can buy a drink on your next American Airlines flight and you should still receive the $150 statement credit)
  • Receive 2 Admirals Club one-day passes
  • Earn 2x miles per $1 on all American Airlines purchases
  • Earn 1x miles per $1 on all other purchases
  • $85 annual fee waived for the first year
In addition, it has been confirmed that Citibank has added a bunch of new benefits to all of their American Airlines co-branded cards starting April 2, 2012 (including existing cardholders):
  • A 10% rebate on miles redeemed that will post each month, up to a maximum of 10,000 miles per year
  • First checked bag free for up to four passengers on the same reservation
  • $100 American Airlines flight discount after spending $30,000 on the card each year
  • 25% off inflight purchases made with the card
Personal Visa
Personal American Express
Business Visa

There are also a number of other current Citibank AAdvantage card offers that vary in sign-up bonuses and benefits. Take a look at the first post in this Flyertalk thread for all the links. I do think the offer I detailed above is the best of the bunch, however.


Chase United MileagePlus Explorer Card - 65,000 Bonus Miles
I previously wrote about the Chase United MileagePlus Explorer Card back in January of this year. That promotion has not expired, since if you log into your United account online, you should still be able to see the 60,000 bonus miles offer (as long as you have a balance of at least one mile). However, an even better deal is now available, giving you an extra 5,000 bonus miles and a $50 statement credit after your first purchase! Note: you must be logged into your United account when you click on the link below. Here's the basic rundown on the offer:
  • Earn 50,000 bonus MileagePlus miles after your first purchase. Earn an additional 10,000 bonus MileagePlus miles after spending $25,000 within one calendar year
  • Earn an additional 5,000 bonus MileagePlus miles for adding an authorized within 2 months
  • Receive a $50 statement credit after your first purchase
  • Earn 2x miles per $1 on all United purchases
  • Earn 1x miles per $1 on all other purchases
  • First checked bag free for you and a companion when you fly on United-operated flights
  • Priority boarding privileges
  • Two complimentary United Club passes every year
  • $95 annual fee waived for the first year
Apply here


Chase British Airways Card - 100,000 Bonus Avios
Chase has offered a 100,000 bonus Avios promotion on it's British Airways card every year for the past three years. This year, the spend threshold has gotten significantly tougher though. Here's the basic rundown of the offer:
  • Earn 50,000 bonus Avios after your first purchase. Earn an additional 25,000 bonus Avios after spending $10,000 within the first 12 months. Earn another 25,000 bonus Avios after spending an additional $10,000 within the first 12 months.
  • Receive a Travel Together Ticket after spending $30,000 on your card in one calendar year. This is a free companion ticket that can be used when redeeming your Avios for an award flight. It is good for two years. Taxes and fees apply (and they are a doozy).
  • No foreign transaction fees
  • Earn 2.5x Avios per $1 on all British Airways purchases
  • Earn 1.25x Avios per $1 on all other purchases
  • $95 annual fee is not waived for the first year
Unless you are a high spender, this is actually a 50,000-75,000 bonus Avios offer. While nothing to sneeze at, do remember that British Airways massively devalued their awards chart last November. However, there are still some good deals to be found in short-haul awards on partner airlines that don't tack on fuel surcharges. Speaking of which, British Airways is known for the outrageous fuel surcharges they include on award tickets, even with partner airlines - so don't be shocked when you see more than $1,000 charged in addition to the Avios points redeemed for a business class flight from New York to London! Apply here.


Citi ThankYou Premier Card - 50,000 ThankYou Points
As I wrote in a detailed post about this card last October, Citibank ThankYou points have not interested me in quite some time. That being said, 50,000 points is still a huge sign-up bonus by any measure. Add to that a recent flurry of rumors that ThankYou points will soon be transferable to British Airways Avios and Singapore Airlines Krisflyer miles (with more airlines on the way) at a 1:1 ratio, and the program has suddenly become a lot more valuable! Here's the basic rundown of the offer:
  • Earn 50,000 bonus ThankYou points after spending $2,500 within the first 3 months
  • Earn 1.2x ThankYou points per $1 on supermarkets, gas stations, drugstores, commuter transportation and parking merchants
  • Earn 1x ThankYou points per $1 on all other purchases
  • Receive an annual anniversary bonus calculated as a percentage of the total ThankYou points earned from purchases, starting at 1% after your first year to 5% after your fifth year (increasing 1% every year). Beyond your fifth year, the bonus stays at 5%.
  • $125 annual fee waived for the first year
You'll notice on the application that this card can be issued as a MasterCard or Visa. Many people have tried applying for both versions at the same time using two browsers, with some actually getting approved for both and earning 100,000 bonus ThankYou points. Your miles may vary, so proceed with caution.

Redemption is rather limited for Citi ThankYou points - you can redeem 50,000 points for $500 in various gift cards. Otherwise, if you book flights using the ThankYou Travel Center, you can get 33% more value for your ThankYou points, and your 50,000 points can be redeemed for $665 in airfare. However, as I mentioned above, the best value for redeeming points will come when airline transfer partners become a reality very soon! Apply here.


Bank of America Alaska Airlines Card - 35,000 Bonus Miles  (EXPIRED)
Last year, I wrote about the 40,000 bonus miles offer from the Bank of America Alaska Airlines Visa Signature card. While that promotion already expired long ago, a new offer that's almost as good has recently surfaced. Here's the basic rundown on the offer:
  • Earn 35,000 bonus Mileage Plan miles upon approval
  • Receive a $99 (plus taxes and fees) round-trip companion ticket upon approval and every year on your account anniversary
  • Earn 3x miles per $1 on all Alaska Airlines ticket and vacation package purchases
  • Earn 1x miles per $1 on all other purchases
  • Two complimentary Alaska Airlines Board Room lounge passes that can be used at select airports with an Alaska lounge presence
  • $75 annual fee not waived for the first year
Although 35,000 bonus miles doesn't seem like much, there are two very big benefits that set this card apart from the others. First of all, many people on Flyertalk have reported applying for and receiving this card multiple times, and earning the sign-up bonus each time as well. Now, I would still be cautious and wait at least a few months between applications, but at the very least this is still one of the few cards left that can be churned. Second, the $99 companion ticket can be used on any published fare - even first class. And both tickets earn miles for the flight as well! Every other airline that offers these companion tickets heavily restricts the fares they can be used on, and even has blackout dates.

Now here comes the bad part. First, the annual fee of $75 is not waived for the first year like most other cards. In addition, Bank of America has a bad habit of sometimes automatically downgrading an application to a lower-tier card that offers significantly less benefits. For example, if I apply for the Visa Signature card, Bank of America may deem me "not qualified enough" for that card, but instead of an outright rejection, they will send me their Platinum Plus card, or even their Preferred card, which offers only 15,000 and 13,000 bonus miles, respectively. Definitely frustrating and not worth it in those cases. However, if you have excellent credit and high income, you should have no problem getting the Visa Signature card. Apply here.


Chase Freedom Card - 20,000 Bonus Points (EXPIRED)
First of all, I would not recommend applying for this offer. I'm only writing about the Chase Freedom card because while I was on vacation last week, a deal for 30,000 bonus points appeared, and then another for 35,000 bonus points! Unfortunately, those only lasted for less than a day before they were pulled by Chase. Since the 30,000 bonus points offer has appeared multiple times in the past few months, I would bet that it's going to come back sometime this year (perhaps even the 35,000 bonus points offer). However, if you're desperately in need of this card right this moment for some reason, the best deal is the 20,000 bonus points offer.

I've written extensively about the Chase Freedom card here, and I still say it is the best fee-free rewards card out there. You earn 5x Ultimate Rewards points per $1 on rotating categories every quarter (up to a maximum of $1500 spend in those categories per quarter), and 1x Ultimate Rewards points per $1 on all other purchases with no limits. The categories for 2012 are as follows:

January 1, 2012 March 31, 2012 
      - Gas stations
      - Amazon.com 
April 1, 2012 June 30, 2012
      - Grocery stores
      - Movie theaters
July 1, 2012 September 30, 2012
      - Gas stations
      - Restaurants
October 1, 2012 – December 31, 2012
      - Hotels
      - Airlines
      - Best Buy
      - Kohl's
Apply here

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Here is an additional list of links to decent credit card offers that I would highly recommend. However, the first two are just standard offers, and you may want to wait until a better promotion appears. Both the Chase Sapphire Preferred and the American Express Starwood Preferred Guest cards have had bigger sign-up bonuses in the past.

Chase Sapphire Preferred Card - 40,000 Bonus Points
The standard offer had been 50,000 bonus points for most of the past year. But finally, Chase has reduced that amount to 40,000 bonus points. While not as good as before, 40,000 Ultimate Rewards points is still a fairly decent amount - worth up to $500 in airfare booked with the Chase travel tool, or transferable at a 1:1 ratio to many airline and hotel partners. The $95 annual fee is waived for the first year. Apply here.

AMEX Starwood Preferred Guest Card - 25,000 Bonus Starpoints
Each summer, the American Express Starwood Preferred Guest card seems to come up with a special sign-up offer for 30,000 bonus Starpoints. While we wait to see if they do it again this year, the standard offer still remains 10,000 bonus Starpoints after your first purchase, and an additional 15,000 bonus Starpoints after spending $5,000 within 6 month. The $65 annual fee is waived for the first year. I would be very happy to refer anyone for this card - I get 5,000 Starpoints per referral and you still enjoy the same standard bonus offer. Just send me your name and email address at milesglu@gmail.com. Or if you prefer, you can just apply directly from website. Apply here.

Barclays US Airways Premier World Card - 40,000 Bonus Miles
I've written extensively about this card in a previous post. This is the best current offer for the US Airways Premier World MasterCard, and the only one I know of that waives the $89 annual fee for the first year. There are actually some very good benefits offered with this card, so make sure you read my earlier post for all the details. Best of all, Barclays still allows churning on their cards, although you may need to call in to get multiple cards approved. Apply here.

Chase Southwest Rapid Rewards Plus Card - 50,000 Bonus Points
I've written extensively about this card in a previous post. Just when it seemed like all the 50,000 bonus points versions of this card were finally pulled, there appears to be one more working link to the Southwest Rapid Rewards Plus Card. 50,000 Rapid Rewards points translates into $833 in Wanna Get Away fares, which would more than pay for two round-trip flights. The $69 annual fee is not waived for the first year, but there is also no spend requirement to get the bonus points (just after your first purchase). Apply here.

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