Posted byon February 5, 2016
Previous article: « Making Money Selling Private Label Products on Amazon
Next article: 4 Things You Need to Understand Before Playing the Lottery »
The Barclaycard Arrival Plus card recently changed their bonus structure, so it’s time to revisit the details.
The sign up bonus is for 40,000 miles, which you can redeem for a $400 statement credit. You’ll get an extra bonus on the travel redemption, so it’s really a $420+ offer!
It’s our Free Money offer this week.
*The Barclaycard Arrival Plus card is currently listed under the Rewards category in our credit card directory.
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. The bonus was recently updated; it’s now 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 $400 travel purchase, you can redeem a $400 travel statement credit by redeeming your 40,000 miles and you’ll earn an additional 2000 miles to redeem later (worth another $20). 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 2000 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.
Intro Rate. 0% Introductory APR for 12 months for each Balance Transfer made within 45 days of account opening.