Finance Business Bank

I’ve been searching for a new rewards credit card for the last week since I’ve maxed my Household Bank card ($400 cash back per year). I’ve applied for the Citi Rewards card but haven’t received a decision yet. I may get turned down due to my bankruptcy even though my credit score is now in the mid 700’s.

 

Today, I received a note that my Capital One card, which I rarely use anymore is being upgraded to a No Hassle Points card. I don’t see this card listed on their site but it appears to offer points for purchases (1 point per dollar) which can be exchanged for merchandise. Based on some of the sample rewards it seems to be offering around 2% value ($100 gift card for 5001 or more points) The offer also makes mention of cash rewards but there is no mention of how many points per dollar of reward. So, I’ll have to wait to receive the card to find out.

At least now I don’t have to care if I get approved for the Citi card or not, although I was looking forward to doing another balance transfer arbitrage, possibly into iBonds for a nice return.