If You’re Going To Spend $150 Per Year “Out Of Pocket” On A Credit Card…

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This week we saw the introduction of the new Barclays Arrival® Premier World Elite Mastercard®. The card has a $150 annual fee, and offers 2x miles per dollar spent with no caps, in addition to spend bonuses:

— Spend $15,000 on purchases in a cardmember year, earn 15,000 bonus miles
— Spend an additional $10,000 on purchases in a cardmember year, earn 10,000 bonus miles

Given that each mile can be redeemed for a one cent statement credit towards travel, the card offers a return of up to three cents per dollar towards travel on the first $25,000 of spend each cardmember year, and a return of two cents per dollar towards travel on any remaining spend. Of course when considering that value you’d want to subtract the $150 annual fee from the rewards you’re earning.