Last year, I spent a lot of time researching travel rewards credit cards. Two cards kept popping up in my results: the Chase Sapphire Preferred and the Barclaycard Arrival Plus. Both cards came with attractive features and big sign-up bonuses, but there was one catch—both had annual fees. The first year, however, was free, so I decided to do a little experiment. I signed up for both of the credit cards, used them throughout the year, and redeemed my points for free travel—all to decide which card I would keep in the following year.
My decision? Surprisingly easy. One of these cards came out way ahead of the other.
All in all, I got a lot of free travel out of this experiment. Between the two cards, I redeemed more than $1,600 worth of completely FREE travel, which helped pay for part of my travels in China and in Maine.
Disclaimer: I’m no financial analyst, but I know it’s a bad idea to open and close a bunch of lines of credit. We made the decision to open these accounts and close one after careful consideration of our specific financial and credit situation. This video isn’t intended to be financial advice of any sort—I’m just sharing what I think about both of these cards after using them for a year.
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LINKS:
Chase Sapphire Preferred: Arrival Plus: Bee" Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution
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