5 things to know about the arrival of the Barclaycard World MasterCard
the Barclaycard Arrival ™ World MasterCard® It once had a rare advantage: Besides its sign-up bonus and ongoing rewards with no annual fees, it was early for chip-and-PIN play. This made it easier to use abroad. Because other countries adopted the technology faster than the United States, travelers often found themselves in sticky situations where their US-signed chip card didn’t work.
But these days, it’s mostly a moot point because:
But if you still have the basic arrival card, here are five things to know about it.
1. You can only get the card through a change of product
As noted above, the Barclaycard Arrival ™ World MasterCard® is no longer available for new applicants. Current cardholders can still use it and earn and redeem rewards.
If you have the upper level Barclaycard Arrival Plus® World Elite Mastercard®, you can request a product change to the basic version of Arrival if you want to keep your account open without having to pay an annual fee.
2. Travel and meals are its bonus categories, but it’s not competitive.
For existing cardholders, the Barclaycard Arrival ™ World MasterCard® earn 2 miles for every $ 1 spent on meals and travel, and 1 mile for every $ 1 spent on everything else. It is disappointing and is no longer competitive with the market.
On the one hand, you can find any number of subscriptions with no annual fee credit cards that earn 1.5 times on all purchases, which makes them better options for daily expenses. With Arrival, outside of its two bonus categories, the best you can do is 1 mile for $ 1 on all other purchases.
The shortcomings of Arrival are perhaps most pronounced in the travel rewards category in particular. For example, although there is an annual fee, the Chase Sapphire Preferred® Card offers the same reward structure and win rates as Arrival. But unlike Arrival, Sapphire Preferred gives you bonus points when you redeem your rewards for travel through Chase, and it also allows you to transfer your points to multiple travel partners, for a chance to earn rewards. even higher point values.
Arrival does not offer such chances at an inordinate point value, and in fact, points gain less value when used for anything other than travel. Talking about that…
3. Travel is the most valid reason for using rewards
Miles are worth 1 cent each when redeemed for travel expenses, which include “airlines, hotels, motels, timeshares, campgrounds, car rental companies, cruise lines, travel agencies, discount travel sites, trains, buses, taxis, limousines and ferries, ”according to the Barclaycard website. Minimum redemption is 2,500 miles (valued at $ 25).
You can also redeem miles for cash back and gift cards, but you’ll only get 0.5 cents per mile. And if you trade in for merchandise, the value per mile will likely be even lower than that.
4. Get back 5% of your miles when you redeem them
One particular perk helps you stretch your rewards further. You get a 5% bonus miles when you redeem. For example, if you redeem 50,000 miles, you will get 2,500 miles – worth $ 25 – for your next redemption.
5. Other free travel cards may be better suited.
For a better $ 0– an annual subscription travel card, we recommend the Bank of America® Travel Rewards credit card, which earns you 1.5 points per dollar spent on all purchases. Points are redeemable for travel statement credits valued at 1 cent each. And compared to Barclaycard Arrival ™ World MasterCard®, this card is much more generous with its travel classification, including categories such as theme parks and RV rentals.
It also offers a signup bonus: 25,000 bonus points online after making at least $ 1,000 in purchases in the first 90 days of account opening – this can be a $ 250 credit for travel purchases. In addition, there is a promotion without interest: Introductory APR of 0% for 12 billing cycles on purchases, then ongoing APR from 13.99% to 23.99% variable APR.
Another option is the Discover it® Miles, which comes with 0% introductory APR on purchases for 14 months and 10.99% introductory APR on balance transfers for 14 months, then the ongoing APR from 11.99% to 22.99% Variable APR. It offers 1.5 miles for every $ 1 spent, which can be redeemed for a credit on the statement. UNLIMITED BONUS: Only Discover will automatically match all the Miles you have accumulated at the end of your first year. For example, if you earn 35,000 Miles, you get 70,000 Miles. There is no registration, no minimum spend or maximum rewards. Just a Miles-for-Miles match.
And unlike the Barclaycard Arrival ™ World MasterCard®, you don’t need a certain number of rewards to redeem them. You can cash out with as little as 1 penny, a great advantage for frugal spenders.