Update: Offer expired!
Barclaycard Arrival Plus™ World Elite MasterCard® Application Link
For a limited time, the Barclaycard Arrival Plus is offering a 50K signup bonus for spending $3,000 in 3 months.
That’s 25% higher than the previous 40K bonus, and it’s likely to revert to that bonus after this offer ends.
Note that there are reports that if you have been approved for 6 or more consumer cards in the past 24 months that it may be tough to get approved for this card.
You can earn this bonus even if you have earned it in the past, though you won’t be able to get the card if you currently have one open.
The $89 annual fee is waived for the first year.
The card gives 2 “miles” for every dollar you spend on net purchases plus a 5% refund when you redeem miles so that you effectively earn 2.11 “miles” per dollar spent. The 5% refund means that the 50,000 points signup bonus is really more valuable as you’ll get 2,500 of those points back after you redeem the points for a cash refund. Of course when you redeem those points you’ll also get a refund, etc. The 5% refund posts within 1-2 weeks of making a redemption.
Miles is a misnomer, really they just mean cents with each mile being worth 1 cent. These miles aren’t transferable to any airlines. The way it works is you book travel via any booking site and then you can just go online to your Barclaycard account and request that the purchase be refunded using your points. You can refund any purchase that is categorized as “Airlines, Travel Agencies & Tour Operators, Hotels, Motels & Resorts, Cruise Lines, Passenger Railways and Car Rental Agencies.”
The nice thing about these points is that you can book travel on any site and can decide later what you want to get refunded with your points. There’s no need to book with a specific booking portal.
After spending $3,000 on a new card you’ll have 56,000 points. If you then spend $560 on a plane ticket you can redeem points to have the full purchase price refunded and you’ll also get back 2,800 points.
There are no foreign transaction fees.
Even better, it has a true chip and pin system, so you can use it at automated kiosks in Europe that don’t accept most US chip and signature cards.
This card will only require 1 hard pull as opposed to cards from Capital One which cost 3 hard pulls. Best of all Barclaycard will typically pull from your Transunion credit report. Most banks pull from Experian though this does vary by state. If you are NJ or NY based you shouldn’t have almost any credit pulls on your Transunion report if you don’t have Barclaycards.