Dine Out a Lot? Take a Look at This Upcoming No-Annual-Fee Card
Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.
Via Point Me to the Plane, Barclaycard will soon throw another travel credit card into the ring!
On November 2, 2017, you’ll be able to apply for a co-branded Uber credit card from Barclaycard. That could be especially enticing for folks who spend a lot on dining! But is NOT worth it for folks new to miles & points.
I’ll explain why.
Barclaycard Uber Credit Card Coming Soon
The Barclaycard Uber credit card will come with a 10,000 point sign-up bonus after spending $500 within 90 days of account opening. Points are worth 1 cent each, and can be redeemed for Uber, cash back, or gift cards. And you’ll need to redeem at least 500 point at a time for Uber credits, or 2,500 points for cash back and gift cards.
The card also comes with:
- 4% back for dining purchases
- 3% back for hotels and airfare
- 2% back for Uber rides and online purchases
- 1% back for all other purchases
- $50 “subscription credit” for online subscription services (you must spend $5,000+ on your card in a year)
- $600 coverage for phone damage or theft (you must use your card to pay your monthly phone bill)
- Invitations to exclusive US events
- NO foreign transaction fees
- NO annual fee
Is This a Good Deal?
These are good benefits for a card with no annual fee. And earning 4% back on dining is hard to beat. But the $100 sign-up bonus on the Barclaycard Uber card isn’t that compelling.
Plus, I’d still prefer earning 3X Chase Ultimate Rewards points per $1 spent on dining with a card like the Chase Sapphire Reserve. Because even though it comes with a hefty annual fee, Chase Ultimate Rewards points are the best for Big Travel with Small Money.
One thing that I find interesting about this card is its subscription credit. Any popular web services you’re subscribed to are eligible for this credit, like:
- Amazon Prime
- Apple Music
Just note that you’ll have to spend $5,000 per year to earn the credit.
While I think this is a great no annual fee credit card, I do NOT recommend this to those of y’all new to miles & points. Because there are credit cards with more valuable sign-up bonuses and benefits that you should open first.Note: Folks should be selective about the Barclaycard credit cards they apply for. In my experience, you can only get 1 or 2 Barclaycard credit cards a year. To increase your chances of getting approved, I’d recommend waiting ~6 months between Barclaycard applications.
On November 2, 2017, you’ll be able to apply for the newt no-annual-fee Barclaycard Uber card.
It will come with 10,000 points (worth $100) after spending $500 within 90 days of account opening. And 4% back on dining, 3% back on travel, and NO foreign transaction fees.
If you’re new to miles & points, I’d suggest you apply for other, more valuable, cards before you go for this one.
Chase Sapphire Preferred® CardAPPLY NOW
Chase Sapphire Preferred® Card
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Either $5 or 5% of the amount of each transfer, whichever is greater.
Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)