There are a ton of credit cards out there and many of them are so good it is at times hard to pick what to apply for next! Yesterday, I wrote about my idea of a perfect credit card which draws from some current credit card perks and adds others. If a credit card company ever issued a card like that, I would jump on it right away! No question!
However, this is a credit card that is very easy to pass up. In short, this is a credit card you don’t want. Let’s look at it and see how it measures up :).
A Credit Card You Don’t Want
This prize goes to the JAL USA card. This is the USA credit card for Japan Airlines. I wrote about them last year when they were offering the huge sign-up bonus of … a calendar! This time, they have “sweetened” the offering a bit by giving the consumer a choice of three separate offerings to choose from. The one that comes with the most points only offers 4,000 points – and it brings a $20 annual fee and a $50 annual reward program fee!
What do you get with those 4,000 points? It isn’t even enough for a round-trip ticket! How’s that for a “great” credit card bonus? 🙂 Thankfully, this offer ends tomorrow so we may end up having another chance to get a calendar or a coaster soon…
If you think that’s bad, I suggest you take a look at some of the sub prime cards first premier offers. Massive annual fees, no rewards program, APR of $36 and hit you with a hard pull whenever possible.
Yep, seen and wrote about those. At least they are not trying to pull anyone in with a nice reward offer! 🙂