Southwest is once again offering a 50,000 point sign up bonus on its Southwest Airlines Rapid Rewards Plus Card. 50,000 points can be redeemed for about $833 towards Wanna Get Away Fares, which should be enough for at least 2 roundtrip flights.
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Chase just announced a number of changes to its Hyatt Credit Card offer, most of them for the better. While you now must spend at least $1,000 within your first 3 months of cardmembership to earn 2 free nights (as opposed to earning your free nights after just a single purchase), you’ll now earn 2x points for every $1 spent at restaurants, on airline tickets purchased directly with the airline and at car rental agencies.
Cardmembers will now also be able to earn status faster by receiving 2 stay and 5 night credits towards Diamond status when they spend $20,000 during the calendar year, and an additional 3 stay and 5 night credits when they spend $40,000 during the calendar year.
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Barclays currently has an outstanding signup bonus for its Extra Points Credit Card — under this offer, you’ll receive 40,000 bonus points worth $400 in statement credit after spending $1,000 within 90 days.
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As usual, American Express is offering a variety of promos for existing cardholders, offering statement credit for spending on everything from plane tickets to hotel stays to local small businesses. Here’s a list of 6 current deals:
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The popular Amex/Twitter deal at McDonald’s is back–when you tweet #AmexMcDs, you’ll get $5 back on your next in-store purchase of $5 or more at McDonald’s with your synced American Express card. Full terms of the promo are available here.
For those unfamiliar with how Amex/Twitter deals work, see this post for a detailed explanation of how to sync your American Express card with Twitter.
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The brand new PenFed Defender American Express Card presents an excellent value in a simple package, offering 1.5% cash back on every purchase with absolutely no fees and no penalty APR. There are no tiers, caps or limits to the amount of cash cardholders can earn and cash back is credited automatically as a statement credit to the account each month. There is one catch, however: you (or your co-applicant) must be in or retired from military service, the Reserves, or the National Guard to qualify.
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Back in June, banking analyst Ken Thomas released a study based on the Consumer Financial Protection Bureau’s complaints database that measured consumer satisfaction. Basically, he took the number of complaints for each issuer and divided that number by the issuer’s market share to come up with an index–the lower the index, the better. The theory was that bigger issuers should naturally have more complaints, so a better gauge of satisfaction would be to normalize the complaints based on market share.
I thought it would be interesting to update these results with the latest months of data.
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Perhaps the reforms made as part of the Credit CARD Act are paying off. According to the latest credit card satisfaction survey conducted by JD Power, overall customer satisfaction is at its highest level since the company began its survey 6 years ago.
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It’s not earth-shattering news, but it’s now a little easier to earn the sign up bonus on the Chase Sapphire Preferred Card. As of today, when you sign up for a new account and spend $2,000 within your first 3 months (previously $3,000), you’ll earn 40,000 bonus points which can be redeemed for $400 in statement credit or a flight that costs $500.
Update 8/22: In an abrupt about-face, Chase is ending this $2,000 min spend offer as of 3pm ET today, 8/22. After that time, the min spending requirement will likely return to $3,000.
Update 8/23: As expected, the min spending requirement has returned to $3,000 as of today.
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As if you needed another reason to watch the Olympics, US Bank is currently offering a fun promotion that ties the sign up bonus you’ll receive to the number of medals that the US wins in London.
When you sign up for a new FlexPerks Travel Rewards Visa Signature card by August 31, 2012 and spend $2,500 within the first 5 months, you’ll receive 500 bonus FlexPoints for each gold medal the US wins, 250 points for each silver and 100 for each bronze. Based on the United States’ medal count so far, it’s projected that the bonus should be worth approximately 30,000 FlexPoints when all is said and done. 30,000 FlexPoints can be redeemed for either $300 in statement credit or up to $600 towards airfare.
Update 8/13: With the Olympics now complete, we now know the bonus will total 33,150 FlexPoints, or up to $663 towards airfare.
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