Questions and Answers

I’m confused as to how the $300 annual travel credit works? I’ve been reading that if I sign up now, I’ll get $300 credit right away & another $300 right after my Dec statement closes (so some time in Late Dec?)? So that would be $600 in travel credits before my second annual fee hits in Jan 2018? Will I then get another $300 on 1/1/2018 for 2018 calendar year?

I’ve been on the fence & may delay getting the Reserve until March. But if I wait until March, do I lose out on an extra $300 credit Vs. if I applied today? Will be keeping this card long term. Thanks!

You won’t lose out on any credits. The deal is that you get the credit each calendar year. So you’d have $300 between now and whenever your December statement closes. Then you’d have another $300 in calendar year 2018. So if you plan to keep the card only one year, you can get the 2018 $300 credit in early January before canceling the card. It’s a pretty sweet deal!

If you choose to apply later, the same logic applies – you’ll just have more time in 2018 to get the $300 travel credit. But since the sign-up bonus is going down to 50K at the end of the week, you’ll lose out on the 100K bonus.

I think some of the confusion is statement year vs calendar year. You get $300 in travel credit every statement year. The credit gets issued automatically as you make travel related purchases – could be anything from tolls to parking to flights etc. Then once your December statement closes credits will start flowing again. Your 2018 credits will start after your Dec 2017 statement closes. Hope this helps.

Thanks for explaining! Anyone have experience applying in branch for credit cards Vs. online? Hoping to still get the 100k bonus via in branch later. Is the process the same essentially or more difficult to qualify for card? I’ve got 780 credit score but have only ever applied online. Thanks!

It’s really straightforward. The banker asks you a few questions, fills out the app and submits it. They had to call a number after submitting and the guy just spoke to me and congratulated me on getting approved. Piece of cake. Any reason you’re not doing it online? Are you running afoul of 5/24?

[QUOTE=”Gaurav, post: 25099, member: 79″]It’s really straightforward. The banker asks you a few questions, fills out the app and submits it. They had to call a number after submitting and the guy just spoke to me and congratulated me on getting approved. Piece of cake. Any reason you’re not doing it online? Are you running afoul of 5/24?[/QUOTE]
Not because of 5/24, I’m under that. I think its to spread my annual fees out. My Amex Plat fee just posted. Plus I didn’t have anything major to buy right now so it would mean I would have to move autopay things over…so laziness too.