I actually pulled a controversial post today, but not because of the controversy. I pulled it because a friend of mine asked me to save it until after the Chicago Seminar DO. It is part of his presentation and he didn’t want me stealing his thunder. Fair enough. I’ll repost it in late October.
You can gather from the comments below it deals with the Mint deal. For now put on your thinking caps.
Chase Debit Card Cancellations
I got a call from a reader that has spoken to our friends in the Ft. Collins, Colorado regarding the Chase/Continental debit card deal. It seems that you are cancelling your checking accounts you opened with this branch for the 25K bonus before they actually earn their commission on the new account. It is $6 per month service fee or $0.00 if you do 5 debit card purchases per month. Give them a chance to earn their commission if you can. They did us a favor. They also earn a bonus if you set up online banking with Chase. Give it a thought will you.
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