I’m surprised at the lack of publicity for the new Wells Fargo cards. They’re not amazing, but they’re at least worth a mention. And one of them in particular, the Propel World American Express, has a very good sign-up bonus. Consider:
- It’s 40,000 points. And these are legitimate points, not the ersatz KeyBank or PNC type of points.
- A $3,000 minimum spend. Given the trend toward increased spending requirements, that’s not too bad.
Let’s take a moment here to point out the Barclaycard Arrival offers 40,000 points with a $3,000 spend and many bloggers have spilled much ink over it. But wait, there’s more!
- You get $100 in incidental airline expenses reimbursed.
In your face, Arrival! (Though of course this card does not earn 2%, alas.) But wait, there might actually be more to this story. Some folks on Flyertalk pointed out that you may be able to get more than 1 cent per point of value on Wells Fargo redemptions. Ibleed0range wrote:
I just looked up a flight that I’ve been watching. It is currently at $221. Wells Fargo has it for 14,734 points + $24 processing fee.
$221/14,734= 1.5 cpp
($221-24)/14,734= 1.33 cpp.
…and then followed up with this:
I tested another flight, priced out at 1.5 cpp but the cost was $4.50 higher than pricline. Looks like it tops out at 1.5 cpp X 43000= $645-24(per ticket)= $621 for a single ticket.
…though moderator mia pointed out the Wells T&Cs contradict this:
15. For airline ticket redemptions, the number of Points required to be redeemed is equivalent to the ticket costs divided by .01, rounded up to the nearest whole Point.
So I’m not really sure what’s going on and frankly it wouldn’t surprise me if Wells didn’t know either. Worst case you’ve got a $500 bonus, best case you’re around $700. Interested yet?
One reason that people who ought to be talking about this card aren’t is that they’re talking about other cards that give them referral bonuses. I have a just a few worthwhile referral links, so if you’re applying for any of the cards below, please keep me in mind. In case you think I’m getting rich off this stuff, here’s my blog income statement from last month:
Google Adsense Income: $117.19
Credit Card Referral Income: $0
So…. yeah, not quitting my day job. I also got a few credits to my Republic Wireless statement (thanks to anybody who signed up using my link!). When you sign up for credit cards, try to be cognizant of whose referral link you’re using, if anybody’s. Try to reward your favorite bloggers, whether that’s me or anybody else. Or if you don’t like any of us, find a non-affiliate link and use that.
With that said, here a few good cards I have referral links for:
- Barclaycard Arrival: 40,000 points, 2X points per dollar spent, annual fee waived the first year. A good workhorse card.
- Upromise Card: This won’t be a good card for most people, but I’m including it because you can get 10% cash back on online purchases at Staples. Remember what’s on sale at Staples right now? You get 5% back on the card and 5% back from Upromise. Other people have had bad experiences with Upromise, but I’ve had no problems in my (limited) experience thus far aside from cashback taking a while to post.
- US Airways Premier World MasterCard: 40,000-miles sign-up bonus. Note that there is another offer for 30,000 miles + 10,000 miles a year from now with no annual fee. My link has an annual fee. I personally think the 30K + 10K is better, but there’s my link in case you feel differently. Read Freequent Flyer for more on that debate.
- Premier Miles and More World MasterCard: 50,000-mile sign-up bonus. Note that these can be used for domestic flights on United.
Thank you all!