I look at it more like 3% "bonus" on $5000 = $150. When there are many no AF cards out there that already give 1%.newt_101 wrote: ↑ The 4% is definitely going to attract many people, but I look at it like this:
- Can't use it at Costco
- 4% on $5000 is $200 - many affiliate sites give an amount similar to this as a sign-up offer AND an initial promo rate
The MBNA Rewards World Elite MC is still #1 IMO
And those that need to pay $99 AF = $150 - 99 = only a $51 "welcome bonus" at best.
Provided that you have no problem even meeting the full $5000 spend.
Pass.