This deal has been around forever but a post on Flyertalk made me take another look at it.
If you open a checking account with Guaranty Bank you get a 2,000 AA sign up bonus. Less important for most is the 1,000 mile additional bonus for a direct deposit every month, It must be $250 a month or more.
The intriguing thing to me, and Guaranty Bank has caught on as well is that with interest rates as low as they are, earning an additional AA mile for every $10 of average daily balance each month may make more sense than the pittance your bank gives you in your checking account. Not that I keep this amount in my checking account but if you did have an average balance $10,000 you would earn 12000 AA miles. At 1.5 cents value per mile each that is $180. Does your checking account pay you anything at all?
And the added benefit for infrequent flyers and miles collectors is as long as you keep a $100 minimum balance, you earn miles every month and your AA balance is safe from expiration.
Give it some thought. It may work for you, and if it does, I’ll gladly refer you and pick up a referral for myself as well.
Here is the link and don’t forget the promo code AR1234567
IHG® Rewards Club Select Credit Card
- Annual Fee: $49 fee waived for the first year
- Foreign Fees: No
- Card Type: Hotel
The IHG Rewards Club Visa is often cited as one of the most underrated hotel credit cards, with good reason. The official offer is for 70,000 points after $1,000 spent within three months, with the first year’s fee waived. The card comes with an annual free night certificate that can be used at any IHG property, including Intercontinental hotels - making this certificate worth upwards of 50,000 points. This is far more generous than some other hotel cards, which limit the categories in which free night certificates can be redeemed.
Cardholders earn 5 points per dollar at IHG hotels; 2 points per dollar at gas stations, grocery stores, and restaurants; 1 point per dollar everywhere else. Moreover, you’ll get a 10% rebate on award redemptions, up to 100,000 points per year. The card also comes with Platinum status, though that doesn’t get you much with IHG. Still, this is a fantastic card to have in your wallet, with benefits that far outweigh the already low $49 annual fee.
- Earn 70,000 bonus points after you spend $1,000 in the first 3 months of account opening
- Enjoy a free night of card membership at over 4,700 hotels worldwide
- Earn 5 points for each $1 spent at our hotels
- Earn 2 points per $1 spent on purchases at gas stations, grocery stores and restaurants
- Bonus points redeemable at hotels such as Intercontinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts and Holiday Inn®
- Automatic platinum elite status, as long as you remain a cardmember
- $0 introductory annual fee the first year, then $49