Update: There’s more information on this card. There’s will be no signup bonus, at least initially. The card will earn 2X on all purchases. And it will be launched in April 2018. Conversions might become available later on.
The premium card market had long been dominated by American Express but has been heating up in the last couple of years with products such as the Chase Sapphire Reserve and US Bank Altitude Reserve. There was recently an effort from Bank of America and Citi has had its own premium offering for a while as well.
Barclays Arrival Premier
The new Barclays Arrival Premier credit card is expected to launch in April. Here’s some of the information that’s come out thus far:
- No sign up bonus
- Earn unlimited 2X miles on every purchase
- Annual spend bonuses:
- 15,000 bonus points after $15,000 in spend
- An additional 10,000 bonus points after an additional $10,000 in annual spend
- Global entry credit
- At least 6 airline transfer partners
- Annual Fee: $150
There’s not a whole lot of information yet on this new credit card, but we should see some more details soon. It will be interesting to see what signup bonus they offer and also which airline transfer partners will be available. They already have partnerships with American Airlines, Frontier Airlines, Hawaiian Airlines, JetBlue and Lufthansa so they might stick with those companies. Wyndham is also a possible partner.