1 / 12

Credit Card Offer : Shop Around

Credit Card Offer : Shop Around. Greg Bush and James Colpean. Miles by Discover Card. Travel your way. Terms and Conditions: Up to 5% added to APR every time late payment made If account is closed/inactive for 18 months, all travel rewards lost No grace period on balance transfers.

vince
Download Presentation

Credit Card Offer : Shop Around

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Credit Card Offer:Shop Around Greg Bush and James Colpean

  2. Miles by Discover Card Travel your way • Terms and Conditions: • Up to 5% added to APR every time late payment made • If account is closed/inactive for 18 months, all travel rewards lost • No grace period on balance transfers

  3. Miles by Discover Card • Rewards: • 12,000 Bonus Miles (12,000 is the cap) • Double Miles on first $3,000 for travel (2 miles per $) and 1 mile per dollar past $3000 • Unrestricted travel through any airline, travel agent, or travel website

  4. Miles by Discover Card • Fees • $10 of 5% on cash advance (whichever amount is greater) • $35 Return Fee • $35 Late Payment Fee • No Annual Fee

  5. Gold Delta Skymiles Extended warrantee on card purchases. • Terms and Conditions: • If there are additional “cardmembers” sharing your account, you are responsible for paying their charges • Limit of $25,000 balance transfer in 180 days. Transfer may take up to 6 weeks. • Return Protection does not provide refunds for shipping and handling

  6. Gold Delta Skymiles • Rewards: • 30,000 miles if $500 spent in first 3 months; 2 miles every Delta Purchase, 1 mile for all others • First bag checked free for up to 9 people • 20% off in-flight savings (meals, drinks, movies)

  7. Gold Delta Skymiles • Fees: • $35 Late Fee • $35 Return Payment Fee • $95 Annual Fee (after first year)

  8. Capital One Venture Card Get your feet there faster with double miles. • Terms and Conditions: • Annual income > rent and mortgage payments • Minimum credit line of $5,000 • If balance is less than $25, the minimum payment is the balance amount.

  9. Capital One Venture Card • Rewards: • 10,000 bonus miles if $1,000 spent in first 3 months (no cap and miles don’t expire) • Miles can be redeemed for cash, gift cards, other purchases, etc. • 2 miles earned on every dollar

  10. Capital One Venture Card • Fees: • $59 annual fee (after first year) • Cash advance fee of 3% (minimum $10) • Copies of statements: $3.00 • $35 Late payment fee • $35 Returned payment fee

  11. Let’s Compare *Note: maximum APR was used in calculations

  12. The Verdict • Miles by Discover • No annual fee makes it lowest cost card, even with slightly higher APR • Has lowest Penalty APR • Only card with unrestricted options for travel.

More Related