Chase Cards: Earn 5x On Purchases During May – August, Up to $1,500 Spend (Southwest, United, Marriott, Hyatt, IHG, Avios Cards, Disney, AARP, Starbucks, Amazon)

Update 5/14/21: Reader JC suggests that you might have more success activating these offers at their direct links instead of the catch-all link. See the full list of links in this comment.

(Reposting 5/12/21 as emails are now going out about this offer. Also added Amazon to the title. Could be worth checking again now if it wasn’t working for you earlier.)

The Offer

Check all your Chase Offers here (should work for any offer on any card)

  • Chase is offering spend bonuses on their co-branded cards from May 15 – August 15, 2021. The offers are basically 5x on travel and gas stations (and 6x, 7x or 8x on the specific brand) Some sample offers:
    • United: Earn 6x miles on United purchases and 5x miles on travel purchases and gas stations on up to $1,500 in spend

Our Verdict

Not sure if this stacks with the previous deal or not.

Source: doctorofcredit.com

Point Rewards Debit Card – Earn 5x/3x/1x, $49 Annual Fee ($100 Referral Bonus)

Update 5/11/21: Connect Point Card to your Spotify account by 5/23, and we’ll give you 3 free months in points on top of the 5x you can already earn with your Spotify subscription.

Update 4/28/21: Some cardholders are being offered 15x points at Target through May 2, limit 5,000 points. Terms exclude gift cards.

Update 4/14/21: Referral bonus has been extended to 4/28/2021, only requires a single purchase.

Update 4/2/21: Referral bonus now requires a single purchase rather than $1,000 in spend. Hat tip to reader alex

Point is a new rewards debit card on the market. Let’s take a look in this quick review.

  • Annual fee of $49
  • No sign up bonus, although you can get 50,000 points (worth $50) when signing up through Drop or $100 via referral
  • Card earns at the following rates:
    • Earn 5x on subscription purchases
    • Earn 3x on delivery and ride share
    • Earn 1x on all other purchases
  • The account has an $8,000 monthly deposit limit, which you have hit. Once your account hits that $8,000 monthly limit it’ll hold the remaining funds for another 30 days or so and then continue depositing the funds.
  • Points are worth 1¢ each
  • Insurance:
    • Phone insurance covers up to $1,000/yr. in loss or damage when you pay with Point Card.
    • New purchase insurance reimburses you up to $1,000 in loss/damage.
    • Trip cancellation insurance covers up to $1,500 for expenses for cancellation/delay.

For most people they will be better of with just a standard rewards earning credit card, especially as this debit card comes with an annual fee. There are some limited use cases for this point card, but how useful that is will depend on how tolerant Point is with large purchases.

Referral Bonus

Point is offering a 10,000 points ($100 bonus) when you use a referral link and spend at least $1,000 on your card within 90 days of account opening. Person referring you also receives 10,000 points. Valid until 6/30/2021. Do not share your referrals here, but you can share them in this linked post.

Hat tip to reader T

Source: doctorofcredit.com

[Public & Referral Offer] American Express Marriott Bonvoy Brilliant 125,000 Point Sign Up Bonus + $200 Restaurant Credit [Last Day]

Update 4/8/21: This increased 125k + $200 offer is now showing via referral links as well. Hat tip to pfdpfd

The Offer

Direct link to offer

  • Sign up for the Marriott Bonvoy Brilliant card and earn 125,000 bonus points and up to $200 back at U.S. Restaurants:
    • Earn 125,000 Marriott Bonvoy bonus points after you use your new Card to make $5,000 in purchases within the first 3 months of Card Membership.
    • Plus, earn up to $200 in Statement Credits for eligible purchases made on your new Card at U.S. Restaurants within the first 6 months of Card Membership.

Offer Ends 5/12/2021.

Card Details

  • $450 annual fee
  • $300 in statement credits each year of card membership for eligible purchases at Marriott properties
  • Card earns at the following rates:
    • 6x points per $1 spent at participating SPG & Marriott Rewards hotels
    • 3x points per $1 spent at U.S. restaurants and on flights booked directly with airlines
    • 2x points per $1 spent on all other purchases
  • Free night award every year after your card account anniversary (can be used at any property that costs under 50,000 points per night)
  • Complimentary gold elite status
  • Platinum elite status after you spend $75,000 or more on the card in a calendar year
  • 15 nights towards elite status (you’re restricted to getting this benefit once per Marriott Loyalty program number)
  • Unlimited complimentary priority pass lounge access for you and up to two accompanying guests
  • Statement credit for Global Entry ($100) or TSA PreCheck ($85) every four years
  • No foreign transaction fees
  • Free, unlimited Boingo Wi-Fi access
  • Free in-room premium internet access at SPG & Marriott participating hotels
  • Welcome offer not available to applicants who (i) have or have had The Ritz-Carlton Credit Card from JPMorgan or the J.P. Morgan Ritz-Carlton Rewards® Credit Card in the last 30 days, (ii) have acquired the Marriott Bonvoy Boundless Credit Card from Chase, the Marriott Rewards® Premier Plus Credit Card from Chase, the Marriott Bonvoy Premier Credit Card from Chase, the Marriott Rewards® Premier Credit Card from Chase, the Marriott Bonvoy Bold Credit Card from Chase, the Marriott Bonvoy Premier Plus Business Credit Card from Chase or the Marriott Rewards® Premier Plus Business Credit Card from Chase in the last 90 days, or (iii) received a new Card Member bonus or upgrade offer for the Marriott Bonvoy Boundless Credit Card from Chase, Marriott Rewards® Premier Plus Credit Card from Chase, the Marriott Bonvoy Premier Credit Card from Chase, the Marriott Rewards® Premier Credit Card from Chase, the Marriott Bonvoy Bold Credit Card from Chase, the Marriott Bonvoy Premier Plus Business Credit Card from Chase or the Marriott Rewards® Premier Plus Business Credit Card from Chase in the last 24 months.

Our Verdict

Previous best bonus was 100,000 points + 25,000 anniversary points + elite status. This offer is the best we’ve ever seen with 125,000 points + $200 credit. Unfortunately, this offer is not available via referral, so no double dipping with a friend.

This can be a good offer for some people, but just keep in mind the massive annual fee. I’d make sure you have a good plan for the Marriott points and resort credit before signing up. We will add this to our best credit card bonus post. There is also an increased offer on the Marriott business card from American Express.

Source: doctorofcredit.com

[Targeted] American Express Business Platinum 150,000 Point Offer, No Lifetime Language

Update 5/10/21: Another round, this time 150k points.

Update 4/24/21: Another round, try this link.

Update 4/5/21: Another round sent out.

Update 3/16/21: Another round sent out.

Update 2/16/21: Another round sent out.

Update 2/5/21: Another round has been sent out, this time the e-mail states the lifetime language but application page doesn’t. $595 annual fee is mentioned on application page. Hat tip to reader BS

Update 12/28/20: Another round has gone out.

Update 12/15/20: More people targeted. Remains to be seen if this new batch ends up having the annual fee waived first or not, just assume it doesn’t.

Update 12/10/20: Despite the terms stating the annual fee is not waived first year, multiple people (1,2,3) have reported applying and then card member approval paperwork showing the $595 annual fee waived first year. This is American Express though so every chance they try to add the annual fee back. I’d apply expecting to pay the annual fee and then it’s a happy surprise if you don’t have to

The Offer

No direct link, shows up when logged in

  • Get 100,000 points after $15,000 in spend within the first three months of card membership

Card Details

Our Verdict

If you’ve never had this card before, then the call in method is better due to the lower minimum spend requirement. The real nice thing about this offer is the fact it has no lifetime language meaning it’s possible to get the bonus if you’ve gotten the card before.

Hat tip to reader CreditDingo

Source: doctorofcredit.com

Credit Card Facts & Myths to Help You Manage Your Credit

The credit cards subject is surrounded by myths that may keep you from reaping their maximum benefits. On the other hand, not familiarizing yourself with certain credit card facts may land you into credit troubles that might not be so easy to come out of. With this in mind, we have debunked a few of these myths and asserted some important facts to help you properly manage your credit.

Credit Card Myths & FactsCredit Card Myths & Facts

  • Myth: Credit Cards Should Only Be Used For Emergencies

Credits cards come in handy during emergencies. However, they are not reserved to be used for such times only. According to experts, using these cards for most of your daily spending is a very smart financial move; they help you track your expenses and account for your monthly expenditure, something which is harder when dealing with cash.

Credit cards offer price protection. If for example, you buy an item for a specific price say $70, then it drops to $50 between typically 60 -90 days, you are entitled to be refunded the difference.

It gets even better; regular use of credit cards attracts the benefits of reward programs. For regular purchases, you accrue cash back incentives and other reward programs.

Having debunked the myths, is it true that regular use of your credit card can improve your credit score? Yes, this is because it shows and establishes that you can do on-time payments, consequently increasing your creditworthiness.

  • Fact: Less Than Minimum Payments on Your Credit Card Are Considered As Missed Payments

Indeed, failing to meet your total minimum credit card payment will be reported as a missed payment by your credit card company. If you can’t afford to pay your credit balance in full, make sure you at least make your minimum payments before the due date to protect your credit score.

That’s not all; it is very advisable to pay more than just the minimum payments. This helps you reduce your debts and helps you to escape from the interests accrued from the remaining balances. These interests are some of the ways credit card companies earn their money.

  • Myth: Getting a Credit Card Can Hurt Your Credit Score.

This is a big credit card myth, getting a credit card doesn’t lower or worsen your amazing credit score. In sharp contrast, getting one is a step towards building your credit score especially if you have good spending and payment habits. If your credit card is well managed, getting loans becomes easier as your credit score keeps rising. As a matter of fact, a credit utilization ratio of below 30 percent works favorably for your Credit Score.

So, when can having a credit card affect your credit score? It happens when you rake up huge unpaid bills each month and fail to pay them on time. To avoid this, get a card with low top limits. It will greatly help you to keep your spending in check.

  • Fact: High Credit Card Limits Are Very Good

Many people are put off from getting a credit card with higher limits as they seem risky. However, higher credit card limits can be advantageous as long as you manage it wisely. Just make sure you keep your balances very low in order not to lower your credit score.

30% of your credit score is calculated from your debt-to-credit ratio. This is the ratio of your debt proportioned to your total credit limit. So the only way that a higher credit limit can affect your credit score negatively is if your debt-to-credit ratio is high. Given the above points,  you should embrace the idea of getting a credit card with higher limits. 

  • Myth: Old Credit Cards Hurt Your Credit Score.

It is a general misconception among many that old Credit Cards hurt your Credit Score. What happens is exactly the opposite, old cards improve your score, but only if they don’t have unpaid outstanding balances.

So, if your old credit cards have healthy financial statistics, it is advisable not to close them; they add more value to your credit history. Credit History is one of the factors that are examined when you are applying for loans in financial institutions.

Old credit card accounts are great sources of reliable statistical evidence accrued over time that prove you have good money management skills.

The Take-Away

With the above-debunked myths and vindicated facts about credit cards, managing your credit should be easier. Don’t be discouraged by a few financial horror stories if you want to start using credit cards. One important truth to hold onto is that credit cards are as good as the spending and payment habits of the person who uses them.

Source: creditabsolute.com

Most Chase Co-Brand Cards Now Get Free DoorDash DashPass For 1 Year ($120 Value)

Chase offers a free 1-2 years of DoorDash DashPass to Sapphire cardholders (all versions) and 3 months to Freedom and Slate cardholders. They’ve now added the benefit to most of their co-brand cards with one free year of DashPass, a benefit which typically costs $9.99 per month.

Enroll Here | FAQ

DashPass offers zero delivery fees, lower service fees, and 5% back on pickup orders.

This new benefit is valid for one year after activation. If you don’t need it now – hold off activating and you’ll get a full year from activation. Just be sure to activate before December 31, 2021 when this offer ends. After 12 months you’ll be automatically charged $9.99 each month, so set yourself a reminder.

Eligible cards:

  • Southwest cards
  • Marriott cards
  • IHG cards
  • British, Aer Lingus, Iberia cards
  • United cards
  • World of Hyatt cards
  • Disney
  • Starbucks

If your Chase card is a Mastercard, this offer can stack well with the $5 twice-monthly Mastercard benefit for DashPass members. 

Hat tip to Frequentmiler

Source: doctorofcredit.com

Chase Cards: Earn 5x On Purchases During May – August, Up to $1,500 Spend (Southwest, United, Marriott, Hyatt, IHG, Avios Cards, Disney, AARP, Starbucks)

The Offer

Check all your Chase Offers here (should work for any offer on any card)

  • Chase is offering spend bonuses on their co-branded cards from May 15 – August 15, 2021. The offers are basically 5x on travel and gas stations (and 6x, 7x or 8x on the specific brand) Some sample offers:
    • United: Earn 6x miles on United purchases and 5x miles on travel purchases and gas stations on up to $1,500 in spend

Our Verdict

Not sure if this stacks with the previous deal or not.

Source: doctorofcredit.com

U.S. Bank Launches New Altitude Connect Card With 50,000 Point Bonus (Worth $500)

After much delay U.S. Bank has finally launched the new Altitude Connect card with a 50,000 point bonus (worth $500). Let’s take a look at the basics of this card:

  • 50,000 point bonus after $3,000 in spend within the first 120 days
  • Card has $95 annual fee, fee is waived the first year
  • No foreign transaction fees
  • Card earns the following rates:
    • 4x on Travel and at Gas Stations
    • 2x on Dining, Takeout, Groceries, and Streaming Services
    • 1x everywhere else
  • $30 free month of streaming for annual streaming services. Annual streaming credit works as follows: after 11 months of consecutive streaming service charges, the 12th month will get the $30 credit.
    • You can combine different services, e.g. if you were subscribed to Netflix for 8 months and then to Hulu for 3 months, the following month of streaming will be credited back.
    • Amazon Music, Apple Music, AT&T TV Now, Disney+, Google Music, Hulu, Netflix, Pandora, SiriusXM, Slacker Radio, Sling TV, Spotify, Tidal, Vudu, YouTube Music and YouTube TV are all mentioned clearly to work.
  • Cell phone protection similar to the US Bank Platinum card; $600 coverage with $25 deductible.
  • Precheck or global entry credit.

Our Verdict

Card is worth considering for the 50,000 point sign up bonus (worth $500) especially as the annual fee is waived first year. Don’t think it makes sense to keep long term with that $95 annual fee and poor benefits but there might be some rare use cases for the 4x categories (other cards do earn at a higher rate on gas purchases though). Given that U.S. Bank credit cards can be difficult to get approved for, it might make more sense to apply for the U.S. Altitude Reserve depending on how much value you get out of the other benefits on that card. This is still a strong second (or first option depending on how you value the Reserve benefits) and will be added to our best credit card bonus page.

Source: doctorofcredit.com