Recently United launched the first miles-earning pre-paid card in the US, the MileagePlus GO. Though not a lucrative way to earn United miles, it does provide an option for a very specific number of individuals. In keeping with the alternative types of credit card, United and Chase have launched the $0 annual fee United TravelBank Card, this one even stranger than its predecessor.
What this card is about
- $0 annual fee
- Earn 2% in TravelBank cash per $1 spent on airline tickets purchased from United
- Earn 1.5% in TravelBank cash per $1 spent on all other purchases
- Get 25% back as a statement credit on purchases of food and beverages onboard United-operated flights
- No foreign transaction fees
- Earn $150 in TravelBank cash redeemable toward a future United or United Express-operated flight, after you make purchases totaling $1,000 or more during the first 3 months from account opening
As you can see, it’s a strange one in that it’s a cash-back card, except the cash you earn is United cash or credit. You can look at it as earning an e-cert. If you determine that you will make use of that ‘cash’ then this is not a bad idea, though there are other cash back cards that earn you a higher rate than the TravelBank card, though in actual cash rather than United travel credit.
Who should apply for this card
- Those looking to build credit via a no annual fee card that earns travel credit
- Those who would like to have a way to earn air
- Is this card under the 5/24 rule
- Does activity with this card keep United miles from expiring
- Does it earn 25% bonus on the MileagePlus X app
The last two questions particularly would be key in determining whether to get this card or not. More to come on those.