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Chase United TravelBank Credit Card Released
Chase has just released a no annual fee version for their United Airlines line of co-branded credit cards. Let’s take a look at the offer and the card’s details.
Details on the Offer
Earn $150 in TravelBank cash (United credit to be used on United flights) after $1,000 in spend within 3 months. It is currently unclear if this is a part of Chase’s 5/24 rule or not.
The Chase United TravelBank card earns credits towards future United Airlines flights (not cash back) in the following ways:
- 2% back per $1 spent on airline tickets purchased from United Airlines
- 1.5% back per $1 spent on all other purchases
- 25% back in the form of a statement credit on purchases of food and beverages onboard United operated flights
Card Member Perks
Chase’s TravelBank card does not have many perks but they are as follows:
- No foreign transaction fees
- Access to The Luxury Hotel & Resort Collection. To receive your Guest Privileges with every stay, make a reservation using your TravelBank Card by visiting LHRCollection.com.
Sign Up Bonus Value ($150)
The sign up bonus is worth $150 towards flights booked with United Airlines.
While Chase’s TravelBank card is not very interesting, it is nice to see them adding a no annual fee card to their United line up. With that said, I don’t like that the rewards earned with the card come in the form of United credit. I would have liked to see the card earn miles, even if at a reduced rate. The sign up bonus is also nothing to write home about, and I think the $1,000 spending requirement is too high for a $150 bonus. It should have came with a $500 spending threshold.
Right now Chase United cardholders sometimes get better shopping portal payouts as well as increased award availability. Hopefully this card will give you some of those same perks. It might also come in handy as downgrade option for Chase’s Explorer United card.
If upgrades/downgrades are allowed by Chase, you could potentially downgrade from the Explorer card to the no annual fee TravelBank card when the Explorer card’s annual fee comes due. You could then upgrade the TravelBank card to the Explorer card when/if the benefits are needed down the road. This is beneficial if you are over 5/24 but currently carry the Chase Explorer card.
What do you think? Is the new Chase United TravelBank card worth getting excited about or is this just a dud targeted towards a very niche audience?
Hat tip to DoctorofCredit
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.