Chase Card Services and United Airlines yesterday launched a new no annual fee credit card. . The United TravelBank Card allows customers to earn 2% on United purchases and 1.5% on all other purchases in TravelBank cash and to redeem it toward United flights. It also comes with signup bonus.
The United TravelBank Card is similar to cash-back cards as customers earn TravelBank cash, which can then be used toward the cost of a United flight. The card also offers a broad list of additional benefits not widely found in traditional cash-back cards, including no foreign transaction fees, trip cancellation/interruption insurance, auto rental coverage and 25% back as a statement credit on food and beverage purchases onboard United-operated flights.
Signup Bonus
Earn $150 in TravelBank cash after spending $1,000 in the first three months the account is open.
You can already apply for the card here.
United TravelBank Card Benefits
Rewards
- No annual fee
- 2% in TravelBank cash per $1 spent on United purchases, such as airline tickets, seat upgrades and bag fees
- 1.5% in TravelBank cash per $1 spent on all other purchases
- 25% back as a statement credit on food and beverage purchases onboard United-operated flights
Travel Perks
- No foreign transaction fees
- Redeem starting with $1 in TravelBank cash
- Auto Rental Collision Damage Waiver
- Trip Cancellation/Interruption Insurance
Exclusive Experiences
- The award-winning Inside Access from Chase program offers more than 30 unique event experiences per year in entertainment, food, sports and fashion, such as the following:
- A private evening with Chef Troy Guard at TAG in Denver
- A private evening with Mary Wilson of The Supremes Live at the world famous Apollo Theater Soundstage
- Napa Valley Harvest weekend with two nights lodging
Guru’s Wrap-Up
The main issue I have with this card is that the rewards and the signup bonus come in the form of TravelBank cash. That means that even though you earn 2% on United purchases and 1.5% on all other purchases, that earned cash can only be used toward United flights.So it doesn’t make much sense to get this card, over a 2% cashback card.
However it comes with a decent signup bonus for a no fee card and has no foreign transaction fees, trip cancellation/interruption insurance and auto rental coverage. It could be a good option to downgrade other United cards.
