Posted byon September 16, 2016
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The Barclaycard Arrival Plus card just increased their sign up bonus to 50,000 miles! You can redeem the miles for a $500 statement credit. You’ll get an extra bonus on the travel redemption, so it’s really a $525+ offer!
The 50,000 mile sign up bonus is for a limited time; normally the sign up bonus is for 40,000 miles.
It’s our Free Money offer this week.
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Earning Miles. The Barclaycard Arrival Plus will earn 2x miles per dollar on all purchases.
Redeeming Miles. To redeem your miles, log into your account and select “Pay yourself back for travel” to receive the full value of the offer. Here are step by step directions on How to Redeem Your Barclaycard Miles for Travel. If you do not redeem for travel, cash back statement credit redemptions start at 5,000 miles for $25.
5% Bonus. You will earn a 5% bonus on redemptions. The math on the bonus is very bizarre, but if you redeem for travel, you’ll get a 5% bonus. It’s really a way to increase your cash back with the card. For example, if you make a $500 travel purchase, you can redeem a $500 travel statement credit by redeeming your 50,000 miles and you’ll earn an additional 2500 miles to redeem later (worth another $25). You purchases will then stretch to your overall earnings to 2.1%. If you consider that you could earn another 5% bonus when you redeem the 2500 miles later, the cycle will continue to repeat and your earnings will grow. To see a breakdown of the math, see the Best Way to Maximize Barclaycard Arrival Points. Also, I noticed in the terms of the offer, they updated the 40,000 to 50,000 miles, but they left the 5% bonus at 2,000 miles. I’m guessing it’s just an error on their part since the math is wrong: 2,000 / 50,000 is 4%, not 5% as they state in their terms and conditions.
Intro Rate. 0% Introductory APR for 12 months for each Balance Transfer made within 45 days of account opening.