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A few days ago, Frequent Miler alerted me to the fact that there was an increased signup bonus on the BBVA Compass NBA American Express card (not an affiliate link)

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Here are some reasons why I signed up for this card

  • No annual fee, so it would be a good card to keep longer-term to help (eventually) increase the average age of accounts
  • It’s with a bank (BBVA Compass) that is not one of the “main” banks, so I don’t have any cards with them currently
  • After spending $1,000 in the first 3 months, you’ll get 20,000 “points” which is essentially a $200 statement credit
  • 5x points (aka 5% cashback) on EVERYTHING during the NBA All-Star Weekend and two weeks of the NBA Finals
  • Also, because this is a non-American Express issued American Express card, you can load $1000 on this card to Serve each month (not a huge deal but hey it’s a free $10 each month)

Like many others that I’ve seen, I ended up getting a “pending” answer on my application.  Miles to Memories reported that there appears to be a backlog of reviewing applications, so it may be awhile.  That’s okay – I’m a fan of not calling the reconsideration line.

The NBA All-Star game weekend is February 12-14th and the NBA finals will be in June.

 

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