This is the best signup offer available for what is, in my opinion, the best all around rewards credit card.
About two weeks ago I wrote that the 50,000 point bonus offered seemed as though it was on the way out — the publicly available offer on the Chase website was reduced from 50,000 points to 40,000. Chase also changed its television ads to reduce the bonus being promoted. Chase intended the 50,000 point signup bonus to end with the conclusion of Winter.
It was strange that the links which offered me a referral credit continued to generate 50,000 points after $3000 in spend within 3 months, waiving the annual fee the first year. And since Chase gives an annual 7% bonus on all points earned, the signup bonus actually yields 53,250 points. (With your minimum spend, of course, that’s more points — exact number depending on what you spend money on..)
Those links, I’ve since learned, are scheduled to be deactived by 10am Eastern on Tuesday, April 3rd.
So this is your last chance with the current links/offer to get the card with 50,000 points as a signup bonus before the remaining links that will generate that bonus expire.
And these are especially valuable points: Points transfer to United, Hyatt, British Airways, Korean Airlines, Southwest, Amtrak, Marriott, and Priority Club (in addition to being worth 1.25 cents apiece towards straight paid travel, though that’s not how I’d use them).
Points transfer to anyone’s mileage account you wish, and with United and Hyatt those transfers are instantaneous.
The card offers two points per dollar on all travel and restaurant spend, and has no foreign currency conversion fees. Outside the U.S. I find this is the best card to use even at Hiltons and Starwood properties, where those chains’ co-branded cards hit you with foreign currency fees.
If you’ve been thinking about a new credit card, have been on the fence on this one, or are just looking for the best current signup bonus, while it’s certainly conceivable that the 50,000 point signup bonus could return in the future, you may want to grab this offer, after 10am Eastern on Tuesday the signup bonus decreases.
Update: the card offer is now for 40,000 points.