Credit cards often get a bad reputation. People are understandably nervous about taking on debt, so they’ll pay for everything in cash and skip credit. And this line of thought is increasingly common. In fact, one study found that 60 percent of millennials do not have a credit card.
But while it’s smart to be debt adverse, refusing to have a credit card can cost you. Using only cash means you’re missing out on valuable cash back, travel points, or other rewards.
But with so many cards to choose from, knowing which is the best fit for your needs can be a challenge. The Barclaycard Arrival Plus World Elite card is a great choice for anyone looking for a simple option to earn and redeem points for free flights and hotels.
It’s perfect for a new or aspiring travel hacker. Below, learn how this card works, what it costs, and how much you can earn from your everyday purchases.
Barclaycard Arrival Plus World Elite review
The Barclaycard Arrival Plus World Elite card is a smart choice for those who love to travel. Offering generous rewards and bonus offers, using the card is an easy way to get discounted airfare.
Earning points with the Barclaycard Arrival Plus is easy. Customers earn two airline miles for every dollar you spend. There are no confusing rotating categories to worry about. Whether you use it pay your utility bill or to buy groceries, you receive two airline miles per dollar regardless of what you purchase.
For a limited time, you can also earn 50,000 bonus points after spending $3,000 on purchases in the first 90 days after opening a new account. Those 50,000 points translate to $500 in free travel with this card!
With the $500 bonus plus the points you earn from everyday spending, you’re on the way to a trip for two nearly anywhere in America without spending a dollar out of pocket. How cool is that?
According to Time Money, the average college grad spends around $1,500 per month on transportation, food, and entertainment. That’s $18,000 per year in expenses that could be charged to a credit card. And it’s money you would be spending anyway. By using a credit card instead of only relying on your checking account, you can get valuable rewards. And if you pay off the balance in full, you get all of the benefits without the drawback of interest charges.
If you spend that amount each year, you would earn 36,000 points per year. That’s enough for $360 in free travel annually. If you take into account the 5% redemption bonus, it’s $378 per year — plenty for a plane ticket to nearly any major city in the country.
Unlike more complex reward programs, the Barclaycard Arrival Plus World Elite card does not require transferring points to travel partners or booking through special portals.
Moving points to travel partners often subjects you to date restrictions, and portals offer more limited travel options. This card lets you use your points for any travel-related purchase you want.
You can redeem points from this card as a statement credit. Statement credits are treated like payments you make to the card; they simply lower your bill for the next month. If you end up with a credit balance, you can spend it through regular purchases or request a refund check.
Any time you make an eligible travel-related purchase, you have the option to redeem rewards to pay for that cost. This allows you to book directly through hotel, airline, cruise, and other travel websites and still use your points.
These are the transaction categories eligible for travel reward redemptions: airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, purchase and travel agencies, discount travel sites, trains, buses, taxis, limousines, and ferries.
If you redeem points for an eligible travel purchase, you get an extra 5% point bonus deposited into your account.
For example, let’s say you just booked a flight on an airline website for $200. You decide to use 20,000 points to make the flight free. When you redeem at the Barclaycard website, you will get $200 refunded to your card through statement credits and you’ll get 1,000 points (5% of 20,000) deposited into your account for a future redemption.
Barclaycard Arrival Plus interest rates and fees
This card charges a $89 annual fee (waived the first year), but don’t be discouraged by the cost. If you love to travel, the card’s benefits offset the annual fee. It’s easy to get much more than $89 in value from this card each year.
You would get the annual fee’s value back after racking up 8,900 points. Because you earn two miles for every dollar you spend, that means you only need to spend $4,450 using the card a year to break even. If you use the card for routine expenses like groceries or gas, it’s easy to meet that number.
This card also comes with a 12-month 0% APR period for balance transfers. If you want to consolidate and eliminate debt, carefully using 0% APR intro periods like this can save you a ton of money on interest.
You can avoid interest charges if you pay your balance in full each month, which is always advisable.
Barclaycard Arrival Plus eligibility requirements
This card is designed for people with good to excellent credit. According to Credit.com’s credit card rankings, that means your credit score has to be at least 700 to be eligible for the card. If you have a history of missed or late payments, bankruptcy, or collections, you may not be approved for this card.
If you are not quite in the eligible range for this card, work on improving your credit score by ensuring you pay all of your bills on time and paying down debt. In a few months, you can boost your score and increase your chances of getting approved.
Barclaycard Arrival Plus contact
The best option to get more information is to visit the Barclaycard Arrival Plus World Elite website. Customers can access automated phone support at 877-523-0478 and general customer support at 866-928-8598.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 6.97% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.30% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at email@example.com, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.47% – 6.30%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.69% – 7.21%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|