Description:The article covers about the chase online logon. The chase Iberia card has newly announced. The author overviews all the benefits customers can get from the chase Iberia card. You can use the card when you take flights operated by Iberia.
Today we’re going to give our first impressions on the newly announced chase Iberia card. It was announced on today earlier this morning. It is brand new. I figure it will make a lot of sense to cover the basics. For the sign up bonus,you’re going to get seventy thousand points.
There are two tranches. And fifty thousand points after three thousand dollars worth in the first three months. And then an additional twenty five thousand after ten thousand within the first year. For most people,I don’t think it makes sense to go off to the second tranche.
There’s a ninety five dollar annual fee and it’s not waived near the first year. You will earn three ex points back for a lot of different airlines and one ex points back everywhere else. This basically means that it makes sense to use the card of these specific airlines but not anywhere else. There’s also a thousand dollar discount voucher that you can get each calendar year when you spend more than thirty thousand dollars on the card.
For most people,it’s probably not going to make sense to go after this thirty thousand dollar mark in the first year. The main reason is if you put thirty thousand dollar suspends on any other two percent cards,there will be a ton of them instead of thirty thousand dollars. That’s going to be six hundred dollars. If the thousand dollar credit had less restrictions,then I think it might make sense to go for it. You will effectively get extra bonus back on it. But look at the restrictions,there are a ton of them.
I didn’t want to dive into the terms too much on this article. But I realized that what I said sounds unclear. So the main reason is for the thousand dollar discount, it can only work when you’re purchasing two tickets for the same exact flight and the same class of travel. This can only be used for flights operated by Iberia and it needs to be used within 12 months of issuance.
I’m not saying this isn’t valuable but it depends on your circumstances. For most people who are going after this high amount of spend,it seems not worthwhile. You’re better off hitting a ton of other minimum spends. In that way you can build out your base and also you will get more travel out of it. One interesting perk is that you get 10% off Iberia flights when you go through their portal Liberia.com/chase10.
You’re going to get the direct discount in that. It seems very solid. It seems like a no-brainer since you are effectively booking directly off the airline. You’re going to get all the stuff for the points and status. It will see how these companies are working towards portals now.
We have hotels.com where you get 20% off when you go through that specific portal. The last thing is this card is a Visa signature card and it has no foreign transaction fees. For Chase visa signature cards,the minimum opening limit is going to be $5,000. The final thing is very interesting especially for people who are over 524. The final thing is this card won’t be affected by 524. I am not too surprised about this because it has some partner relationship with British Airlines. The BA card is not under 524 so it’s not too unusual.
Chase has a interesting year because they’ve been launch a lot of new cards. For example,the Starbucks card. There’s another airline card expects to launch this middle of April. It is a interesting strategy and we’ll see how it goes. Even though most people in this community aren’t applying for cards at the Starbucks card,it’s still interesting to see that none of these cards are affected by 524. In case you’ve never heard of they Iberia,they operate in a lot of different countries as well cities. There will be a few different route options that might make sense for you.
I want to do a quick overview and my question for you is what are your thoughts at the card. I hope that was helpful and let me know if you have any questions. Do you like Chase’s strategy of all of these new cards? Do you think they are going to start implementing 524 on more cards? Let me know about your ideas.