Best card for large travel purchase

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hohlraum
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Best card for large travel purchase

Postby hohlraum » Wed Jan 14, 2015 5:17 pm

Going to be spending 3.5k to 4k on a travel purchase and looking for the best card for a signup bonus to get some cash back.

Seems like Capital One Venture Rewards and Barclaycard Arrival Plus World Elite have the largest credit towards a purchase. Only gotcha I know of the C1 card is that you have to have enough points to cover the entire price of the purchase you want to erase. If I want to use the sign up bonus as a credit against the purchase used to meet the signup bonus requirement itself I'd have to break that payment up into a $3k purchase (requirement for the signup); a $400 purchase (purchase erase) and then whatever is left over.

Seems like the Barclaycard would be less hassle unless it has the same requirement that C1 does. Thoughts on these two cards or did I overlook anything? Credit rating isn't an issue.


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Vattené
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Postby Vattené » Wed Jan 14, 2015 5:47 pm

Have you narrowed it down to these two general-purpose travel cards or would you consider something else with a points system, e.g. a CSP or PRG? If the latter, then the decision gets much more complicated as you have to take the points system and how it caters your specific needs into account. It could end up being a better value for you, but you do have to go through the calculus to make that determination.
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hohlraum
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Postby hohlraum » Wed Jan 14, 2015 7:46 pm

No I haven't really narrowed it down. Just looking for the maximum amount back for that single purchase (actually might be doing another trip at the end of the year as well for around the same $$) doubt I'll use the card for anything beyond the sign up bonus.

takeshi
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Postby takeshi » Thu Jan 15, 2015 9:10 am

hohlraum wrote:Seems like the Barclaycard would be less hassle unless it has the same requirement that C1 does. Thoughts on these two cards or did I overlook anything? Credit rating isn't an issue.

Best point value with the Arrival cards is with travel statement credits so it sounds the same to me. I have no direct experience with either -- just using info off their respective sites.

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CarefulBuilder14
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Postby CarefulBuilder14 » Thu Jan 15, 2015 3:04 pm

If you're spending that much on travel, then getting a CSP, PRG, or other card with a miles/points transfer system could well be worth it and easily offset an annual fee. I've thought about getting an Arrival myself, but the Arrival is only best if you just make small, infrequent travel purchases and don't want an annual fee. Once you get to spending several thousand dollars on travel, the annual fee options are often better.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
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hohlraum
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Postby hohlraum » Thu Jan 15, 2015 8:48 pm

I did find a video [video]https://www.youtube.com/watch?v=EDeSpqEoye4[/video] that shows an example of redeeming for only a portion. I applied and got an instant approval. Thanks guys.

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Postby fliesflyfast » Sun Jan 18, 2015 1:11 pm

Just made a $4.8k travel purchase myself and I split the charge between 4 new cards to get 4 bonuses. I had a family member sign up for two of the cards to mitigate my AAoA damage. Some examples you could do:

AMEX PRG $1,000 for 50k MR points (waived AF)
Barcal Arrival (no AF version) $1,000 for $220 back (including pts earned on the purchase)
Cap1 Venture1 $1,000 for $212.50 back (including pts earned on purchase)
NO LONGER AVAILABLE: Chase Freedom spend $500 get $230 back (including $25 AU bonus and pts earned on purchase)

Total: $3.5k spent, $662.50 cash back AND 50k AMEX MR points



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