Tuesday, November 11, 2014

Recent Credit Cards worth applying

In the past month or so, a spate of credit cards came by. Again, nothing much worth applying if you are hard-core user. There was nothing exciting in the bonus world as the new cards were pretty much the rehash of existing card offers or they were discontinued for some time and again rebooted keeping in mind the holiday season.
The main cards and the links were as follows.
Citi AAdvantage card: A bit higher rewards than the original one. Right now, it gives 50,000 points but the kicker is no annual fee for the first year.
Chase Southwest credit card: Gives 50, 000 points after account opening and if you accumulate 100k points, there is a free companion pass which lets your companion travel for free when you book the tickets. This is one of the best offers out there. They generally recur it and based on past data, this offer should go on till at least April 2015.
Chase British Airways Credit card: A much better version of the previous credit card. I have this card and had to shell out $95 annual fee. However, this current version, for the first time has the annual fee waived for the first year. This card is good to accumulate points that can be used in American Airlines flights. Pretty much everywhere else, you are going to get dinked. With AA though, you get pretty good flight deals which surprisingly is not even there in the AA website - whether you want to pay in cash or points. Anyhow, for now, it seems a good deal. In general, this card is versatile and good addition to your wallet,. Never mind, the annual fee. It gives good gas points, rounds of lots of categories. So all in all, it is not a bad card to have.
Barring these three cards, nothing really has kicked in high gear as of yet. So for 2014, the big card was the Citi AA Executive card which so far seems to be the only 100k card, though with a reduced annual fee. The BA card - original offer seems to be still available where you can get 100k points but the spend is simply too high at 25k .. which is fine if you do not have any other card to put your spend on.
So, hang in tight!

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