Good morning everyone. As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit cards to make sure they still deserve a spot in my wallet (or at least my credit card drawer). A few weeks ago, the $99 annual fee posted to my Barclays JetBlue Plus Credit Card. I don’t fly JetBlue very often, but I do enjoy getting a 10% rebate on my redeemed miles and getting 5,000 bonus anniversary points every year. Those 2 benefits alone are probably worth close to $99, depending on how much you value JetBlue points and how many JetBlue points you redeem. So the question is, is this card a keeper? I was leaning toward keeping the credit card, but I decided to call Barclays and ask if there were any retention offers available anyway. Good thing I called…
I spoke to the Barclays rep and said that I was reviewing my recent credit card statement and saw that the $99 annual fee just posted to my account. I told her that I do not fly JetBlue very often and asked her to waive the $99 annual fee. She told me she would look into my account and see what offers were available. She came back and said that she could not waive the full $99 annual fee, but that she could waive half the annual fee, or $49.50. That was a great offer, but I asked her if there were any other offers available. Yes, she said, there was also a spending offer where I could earn 5,000 bonus JetBlue points if I spent $1,000 in the next 3 months. I was torn between which offer to accept, so I asked her which offer she thought was better. Without missing a beat, she said that she could apply both offers to my account. I immediately accepted her offer and she read the terms of the spending offer to me. The following day, the $49.50 statement credit posted to my account, but was backdated to December 31, I’m not sure why. I paid the remaining $49.50 balance and am working on spending $1,000 in the next 3 months to complete the spending offer.
I reviewed my credit card activity since last year’s annual fee and it looks like I received the same offers last year: $49.50 statement credit to offset the $99 annual fee and a spending offer to get 5,000 bonus JetBlue points after spending $1,000 in 3 months. It looks like I also received another spending offer in September 2018 since I spent exactly $1,000 in that month. Including the 2 spending offers, I only spent $2,028 in 2018. As you can see, I have not spent much money on my Barclays JetBlue Plus Credit Card, just enough to complete 2 spending offers in 2018.
If you have any questions about the Barclays JetBlue Plus Credit Card, please leave a comment below. Have a great day everyone!