It has been quite a while since I’ve written about the Barclaycard Arrival® Plus World Elite Mastercard® (see terms), and I think it’s worth posting a reminder about this card, given that it currently has its best ever welcome bonus. Within the past several months this welcome bonus has been improved a few times:
- This card used to have a welcome bonus of 50K miles upon completing minimum spend, and the annual fee wasn’t waived the first year
- Then the card’s welcome bonus was increased to 60K miles
- Then the card’s welcome bonus was improved to 60K miles with the annual fee waived the first year
Now the Barclaycard Arrival Plus is offering a welcome bonus of 70,000 miles after spending $5,000 on purchases within the first 90 days. While the card has an $89 annual fee, it’s waived for the first 12 months.
The card earns 2x miles on all purchases, and each mile can be redeemed for one cent towards the cost of a travel purchase. Furthermore, you get 5% of the miles back to use towards your next redemption every time you redeem.
The travel category for which you can redeem is really broad, as you can redeem points for everything ranging from flights to hotels to timeshares to campgrounds to car rentals to cruises to travel agencies to trains to buses to ferries, and much more.
This is a solid travel card for anyone looking to earn rewards in the form of cash that can be used towards travel, given how these miles can be redeemed. The 70,000 mile welcome bonus can be redeemed for $700 towards the cost of a travel purchase, so with the annual fee waived for the first year, that’s roughly what I value the welcome bonus at.
Long term this is a card that’s essentially getting you two miles per dollar that are equal to two cents total, plus a 5% refund on redeemed miles, so your net return is over 2% of value. Furthermore, the card has no foreign transaction fees, and is also one of the few valuable US credit cards with Chip & PIN technology.
The Barclaycard Arrival Plus is a card that I have, so if you don’t yet have it, this is an ideal time to pick it up.