3 cards TPG staffers added to our wallets this quarter

Dec 22, 2020

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Editor’s note: This is a recurring post, regularly updated with new card details and information.

Many TPG staffers put their credit card application strategy on hold earlier this year due to the coronavirus pandemic and credit card issuers offering fewer limited-time sign-up bonuses. In fact, only four of us applied for new cards in the second quarter of 2020. But that definitely changed in the third and fourth quarters as credit cards have started offering limited-time sign-up bonus and we all plan for 2021 travel strategies.

Check out the cards we’ve been adding to our wallets.

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In This Post

Capital One Venture Rewards Credit Card

(Photo by Wyatt Smith/The Points Guy)
(Photo by Wyatt Smith/The Points Guy)

The Capital One Venture card has long been an excellent option for cardholders wanting to earn rewards across non-bonus purchases. The card comes with a modest $95 annual fee in exchange for 2x on all purchases. Once you earn those miles, you can redeem at a fixed value for eligible purchases or transfer to one of Capital One’s airline and hotel partners for potentially even more value.

The current bonus is 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months. We value this to be worth up to $1,400 (based on TPG valuations and not provided by the issuer).

Here are the TPGers who added this card to their wallets this quarter:

Richard Kerr, TPG Loyalty and Engagement Editor

The sign-up bonus and flexible travel redemption options sealed the deal for Richard to apply for this card. He’s most excited to use the card’s sign-up bonus for “$1,000 in free campsites #hallelujah.”

Summer Hull, TPG Director of Travel Content

Summer signed up for this card to help her push for Globalist status with The World of Hyatt in 2021 (and for any other flexible rewards that are needed along the way). The sign-up bonus was as huge factor in her applying for the card as well.

Related: Read the full Capital One Venture Credit Card review

World of Hyatt Credit Card

(Photo by John Gribben for The Points Guy)

Hyatt points are among the most valuable in the hotel industry, clocking in at 1.7 cents each according to TPG valuations. And with a two-tiered sign-up bonus (30,000 Bonus Points after spending $3,000 on purchases within the first 3 months from account opening. Plus, up to 30,000 more Bonus Points by earning 2 Bonus Points total per $1 spend on purchases that normally earn 1 Bonus Point, on up to $15,000 in the first six months of account opening) worth up to $1,020, it’s no wonder why this card is considered one of the best hotel cards on the market right now.

The card comes with benefits including an annual free night certificate, automatic Discoverist elite status and five elite-qualifying nights every year you have the card (plus the ability to earn more when you hit qualifying spend). And if you apply for the card before Dec. 31, 2020, you’ll get 10 elite-qualifying nights instead of five. 

Here are the TPGers who added this card to their wallets this quarter:

Ariana Arghandewal, TPG Points and Miles Editor

She accrued 15 Hyatt nights during her trip to Istanbul, and thanks to lowered elite requirements, this card will get her to Globalist status in 2021.

Clint Henderson, TPG Senior News Editor

Clint got the World of Hyatt Credit Card because of the sign-up bonus, plus the fact that he currently earns 10 elite-night credits toward status instead of five.

Related: Read the full the World of Hyatt Credit Card review

Alaska Airlines Visa Signature® credit card

The Alaska Airlines Visa Signature Card is a great choice for anyone who flies with the airline or its partners regularly. Alaska miles are incredibly valuable, and the card comes with some elite perks without needing Alaska Airlines elite status — including first checked bag free and its popular companion fare.

Here are the TPGers who added this card to their wallets this quarter:

Ariana Arghandewal, TPG Points and Miles Editor

Ariana was targeted for a 50,000-mile welcome bonus, which helped convince her to apply for the Alaska Airlines credit card. She plans to use those miles for a Cathay Pacific business class ticket to Asia next year.

Related: Read the full Alaska Airlines Visa Signature card review

Bottom line 

Plenty of credit cards have recently announced new changes and limited-time sign-up bonuses. These offers have caused many of us to reevaluate our current earning strategies and apply for new cards as a result. Before you apply for a new credit card, make sure you can take advantage of these sign-up bonus offers — check our guide on application restrictions to be sure you’ll qualify to earn the bonus.

Featured image by The Points Guy

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.