Tuesday, November 22, 2011

Credit Card Offers

Need everyone to chip in on this lucrative offer. I just found out this new credit card offer from continental.com. It says apply for a new credit card and get 40,000 miles with no fee for the first year.

http://www.continental.com/web/en-US/content/products/chase/continental.aspx?v_ctrk=HBAN2$0-916-2365-1-1348&offer=OPP40K&mkid=6S2B

40,000 miles should be good enough for one-round trip within continental US. Round-trip ticket these days could be worth upto $500.

There could be similar offers out there which are as good as this one if not better.

Could anyone comment on what are downsides of taking this offer and closing the account in less than 1 year to avoid the annual credit card charges?

I would love to hear from your experience on similar offers like this one. So, keep them coming.

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