- Chase United MP Explorer is offering a public 55K miles bonus, without an annual fee waiver. For quite some time, the same offer is targeted to many United MP members, and of course the public offer is always better. Note that the business version still offers a 50K mile bonus with the first year annual fee waiver.
- We noticed the landing page for JPM Ritz-Carlton Visa's three Tier 1-4 free night offer was dead and re-directed to the new (and reduced) offer of two free nights. The old application link was kept alive for a few days before pulled. However, there is a landing page for three free nights that indicates an expiration date of November 30, 2016. You may try it at your discretion, with the worst scenario being you just receive two free nights instead of three. Note that Ritz-Carlton Visa is currently exempt from the infamous Chase 5/24 rule which disqualifies you from getting a new Chase card if you have opened five or more credit card accounts in the previous 24 months. As long as you did not receive a signup bonus on the Ritz-Carlton Card within 24 months, you are eligible for the new signup bonus. Keep in mind that you can't redeem the free Tier 1-4 certificates at 13 top-tier (Tier 5) properties including The Ritz-Carlton in New York Central Park, Bachelor Gulch, Naples, Miami South Beach, Miami Bal Harbour, Miami Key Biscayne, Grand Cayman, St. Thomas, Tokyo, Kyoto, Hong Kong, Shanghai Pudong, and Dubai. However, there are still some amazing properties that are Tier 1-4, such as the ones in Half Moon Bay (rates from $599 per night), San Fransisco (from $399), Laguna Niguel (from $479), Los Angeles (from $409), Washington DC (from $329), Georgetown Washington DC (from $409), Boston (from $345), Dallas (from $399), Charlotte (from $399), Reynolds Lake Oconee (from $309), Maui Kapalua (from $399), Cancun (from $299), Aruba (from $299), Hotel de la Paix in Geneva (from $475), Vienna (from $360), Herzliya (from $395), and Macau (from $460)
- We discovered the website for Visa Infinite Hotels that is available to any U.S. issued Visa Infinite card. Visit VisaInfiniteHotels.com to book a hotel - you have to type in your Visa Infinite card number before start searching for hotels. Visa Infinite Hotel Collection covers a subset (~200) of Visa Signature hotels (900+ luxury hotels and resorts worldwide) but offers an extra perk such as a $75 dining credit or $100 spa/hotel/rate credit per stay, in addition to Visa Signature Hotel Collection's 7 perks (guaranteed lowest rates, daily complimentary breakfasts for two, room upgrades upon availability, late checkout upon availability, $25 food and beverage credit per stay, free room wi-fi, and VIP amenities). Currently, the only three U.S. issued Visa Infinite cards - CNB Crystal, Chase Sapphire Reserve / JPM Reserve, and JPM Ritz-Carlton Card - participate in both programs.
February 8, 2017 Update - Chase United MP Explorer 55,000 miles, Ritz-Carlton Visa three free nights ending soon, and details of Visa Infinite Hotels
There have been quite some updates throughout the site and these are the highlights for the past week.
January 29, 2017 Update - Avianca LifeMiles Visa 60,000 miles, Amex Business Platinum down to 75,000 points, Amex SimplyCash Plus Business $400
We have been making updates throughout the site and this post highlights some changes:
This is Sean, aka Dr. Credit Card. First of all, I would like to wish every reader of the site a happy 2017! It is pretty crazy that the last blog post was almost two months ago - I bought a new house and moved in recently and have been unable to keep up. Even though there have been updates on the site here and there, I wish more could have been done. Now we have been slowly settling in, the site should be back to normal. Here are some highlights of the recent updates.
We have been continuing updating our site and here is the highlight of the week.
Chase brought to us Ink Preferred exactly as rumored. Ink Preferred replaces Ink Plus as the $95 premium Ultimate Rewards (UR) business card. The existing Ink Plus customers will be grandfathered in for all features and could receive the signup bonus on Ink Preferred as long as they qualify under the infamous 5/24 rule. "5/24 rule" is a Chase internal rule that makes obtaining a new Chase card almost impossible when you have opened five or more credit cards (regardless of issuers) in the last 24 months. Ink Preferred offers an amazing 80,000 UR points signup bonus, which is worth $1,200 in our book. The annual fee is not waived when you apply online, but may be waived when you apply in branch. Ink Preferred offers very different bonus categories from Ink Plus: 3x travel, shipping, advertising through search engines and social media, and phone / internet / cable services, and 1x everywhere else. Ink Preferred will be a great combo to pair with the non-fee Ink Cash, as together they will cover 7 bonus categories that are essential to business. Please see our review for details.
Amex has been fighting back, as Chase has been very aggressive to take its market shares. Last month, they revamped the iconic Platinum Card, both personal and business versions. They also upped the signup offer on Business Platinum Card to 100K points. Now they have made available a public 100K offer through a special link. It is recommended that you use private browsing mode in your browser if you don't see this offer. 100,000 Membership Rewards points are worth $1,500 in our book. Keep in mind that Amex is even more stringent than Chase when coming to signup bonus: if you receive a bonus on the same product ever before, you will get the card when you are approved but won't get the bonus again.
November 11, 2016 Updates - BofA MERRILL+ Visa 50,000 points (our value $800), super-exclusive Merrill Lynch Octave Amex review, new Chase Marriott Visa offer (two free nights and more)
We have been continuing to make updates throughout the site. Here are some highlights:
November 2, 2016 Updates － Amex Business Blue up to 78,000 bonus points & US Bank LANPASS Visa Review
We have been continuing updating pages throughout the site. Here are some highlights.
© 2016 DrCreditCard.net All rights reserved.
October 21, 2016 Updates - Wyndham Visa devaluated & 2x points at small businesses on Amex cards through 2016
We have been continuing to make updates throughout the site. Here we would like to highlight a few important ones:
In addition, you may find the following news interesting.
© 2016 DrCreditCard.net All rights reserved.
Amex revamps its iconic Platinum Card (now rated #8 Best Card) and brings back the 100K offer for Business Platinum Card
Weekly update first. Several pages have been updated. In addition, there are a few updated signup offers including Amex Platinum Delta SkyMiles 70K miles + 10K MQMs + $100 credit (for both personal and business versions), Amex Gold Delta SkyMiles 50K miles + $50 credit (for both personal and business versions), Amex Hilton Surpass 100K, Amex Hilton 75K, and Citi Hilton Visa 75K; like always, please check out our Promotions page for details.
Now the biggest news of the week - to respond to Chase Sapphire Reserve, Amex revamps its iconic Platinum Card, both the personal and business versions, and the changes were effective October 6, 2016. Also Amex brings back the amazing 100K offer for the Business Platinum Card. Please head over to our Amex Platinum Card Review for everything you will need to know about it, including the 100K offer for the business card. Here we will highlight the changes.
Amex Platinum Card (personal): 5x Membership Rewards (MR) points on airfare booked with airlines or through Amex Travel website. When you book airfare via a third party Online Travel Agency such as Expedia, Travelocity, Ortiz, most likely you will be charged directly by the airline so you will still receive 5x points. Note previously, this card gives 2x points on certain travel (airfare, prepaid hotels, vacation packages, cruise) booked through Amex Travel, and the booking fees are waived for Platinum members. Looks like this feature is still available but the airfare will earn 5x instead, while other travel continues to earn 2x. The last thing to note is that while Amex Platinum has the highest level of travel protection among all Amex cards, it still trails behind Citi and Chase in this regard, as Amex doesn't cover family members or award tickets and doesn't offer Trip Cancellation/Interruption, Trip Delay, or Baggage Delay coverage. This factor might make some travelers use Citi Prestige or Chase Sapphire Reserve for 3x airfare instead of 5x on Amex Platinum.
While Amex Platinum's $450 annual fee may seems hefty, when you make use of the $200 annual airline credit, the effective annual fee becomes $250. Most savvy card members probably won't use this card for general purchases, as there are better alternatives out there, such as Amex EveryDay Preferred, Amex SPG, Fidelity Visa, Citi Double Cash, just to name a few. However, the October 2016 enhancement turns this card into a powerhouse for bonus rewards - 5x airfare is the highest among all miles/points cards. Using our current conservative value of 1.5 cents per MR point, you are getting 7.5% cash equivalent rewards on airfare purchases. You only need to spend $4,600 a year on airfare to beat the $250 effective annual fee and 2% cashback, because $4,600 x (7.5% - 2%) > $250. You will need to spend $8,400 a year on airfare to beat the $250 effective annual fee and a miles/points card that offers 3x on airfare such as Amex Premier Rewards Gold, Chase Sapphire Reserve, Citi Prestige, because $8,400 x (5 - 3) point/$ x 1.5 cent/point > $250. After that, you essentially receive all Platinum Card's great travel perks for free, such as unlimited access to Delta, Alaska, Centurion, and many more domestic and international lounges, Fine Hotels and Resorts, Hilton/SPG/Marriott Gold, and many others. If you frequent Delta or Alaska and/or depart from a city where there is a Centurion Lounge, this card offers unparalleled value. If you frequent Hilton Worldwide, Starwood Hotels & Resorts, Marriott International, and/or luxury hotels, this card could also be hugely valuable.
With this important enhancement and its already impressive perks (rated #2), signup bonus (currently 40K), and protection, Amex Platinum finally makes to our Top 10 Best Credit Cards list, even surpassing the other two longtime favorite MR cards - Amex Premier Rewards Gold and Amex EveryDay Preferred. As a result, the previous #10 Chase United Explorer Visa falls off the list. Please see below the screenshots of the list before and after October 6, 2016.
Amex Business Platinum Card: (1) 1.5x points on each purchase of $5,000 or more, (2) 50% points rebate when using the "Pay with Points" option, essentially making MR points fixed value at 2 cents a piece, when buying First or Business Class tickets with any airline through Amex Travel, and Economy Class tickets with your selected airline also through Amex Travel. So the 100K signup bonus of Business Platinum Card is worth at least $2,000!
Note that you may still choose the other valuable redemption option to transfer MR points to miles/points of several frequent traveler programs, and keep in mind that our current value of MR points for using that option is 1.5 cents a piece, lower than the "Pay with Points" option. However, these two options are very different in nature, I personally will choose the transfer option even with lower on-paper value, as I know I won't be using my hard earned cash/points to buy international long-haul First or Business Class tickets outright, while transferring points to miles of a frequent flyer program will allow me to have such tickets at a very reasonable rate. Let's see an example of a recent flight I took: the one-way Suite Class on Singapore Airlines between Tokyo Narita and Los Angeles retails at about $8,000, and if I were to use the "Pay with Points" option, I will need a whooping 400,000 MR points - at exact 2 cents per point value. However, if I would transfer 74,000 MR points to Singapore miles, I would be able to book this award ticket with the miles + $130 taxes and fees, as long as I find an available seat. In fact, I did not use my MR points but I transferred my Citi ThankYou points to Singapore miles and I was able to secure not only one seat but two. If I do math on paper, the value of MR points will be more than 10 cents per point; however, my personal conservative value of them is still around 1.5 cents, as I am willing to pay $1,250 for this ticket (74,000 points x 1.5 cent/point + $130 = $1,250).
Let's come back to see what the changes mean for Business Platinum Card member. Earning 1.5x points on large purchases (>$5,000) will of course help some members. However, the enhanced "Pay with Points" is more interesting to most members, as this makes Business Platinum Card a 2% rewards card for general spending with a $250 effective annual fee. In addition, it opens up opportunities for other MR cards to become more valuable as MR points will be pooled together automatically. For example, EveryDay Preferred will return staggering 9%, 6%, and 3% rewards for grocery, gas, and general purchases; the personal Platinum Card will return 10% rewards for airfare; Premier Rewards Gold Card will return 6% and 4% rewards for airfare and gas/grocery/dining.
© 2016 DrCreditCard.net All rights reserved.
We updated several pages throughout the site, including "All About Credit Card Rewards" and "US Bank FlexPerks Credit Cards". We are copying some highlights here. For the full details please visit the reviews directly.
Best Rewards Credit Card Combos
Theoretically you need way too many cards to maximize rewards - one for gas, one for groceries, one for dining, one for airfare, one for hotels, one for general spending, and so on. In real life, most of us can't manager that. That is why here we will recommend the best two-card combos that will hand you much bigger rewards than a single card while still keeping things manageable.
US Bank FlexPerks Credit Cards
Currently, there are four FlexPerks cards: FlexPerks Select+ Amex, FlexPerks Travel Rewards Visa Signature, FlexPerks Gold Amex, FlexPerks Business Edge Travel Rewards Visa Signature.
FlexPerks Select+ American Express
FlexPerks Travel Rewards Visa Signature
FlexPerks Gold American Express
FlexPerks BUSINESS Edge Travel Rewards Visa Signature
As long as your spending on the bonus categories exceeds a certain percentage of your total spending, FlexPerks TR Visa or FlexPerks Gold Amex will beat a 2% cashback card such as Fidelity Visa. For most consumers, FlexPerks Gold Amex is a better card than FlexPerks TR Visa. US Bank FlexPerks Gold Amex is rated as one of the Best Credit Cards for Rewards.
We have been working on numerous updates throughout the site during the last couple of weeks. Here I would like to highlight some updates.
Dr. Credit Card helps you to find the best cards and the best signup deals for you!