Received this offer in Email for my US Bank Club Carlson Visa Signature card – They are offering a $40 statement credit each month in November and December when I spend $2250 in net purchases.
I did receive a promo code in email that may be unique that I was able to enter by visiting the website here.
Is this a good offer?
I think so. Remember you earn 5X on all purchases using this credit card. So if I were to buy $2500 in gift cards by paying $20 fees (each Simon Mall gift card costs $4 in fees or you may by other from CVS, Walgreens for $5 fees) this is what I would earn –
Club Carlson Points – $2500 X 5 = 12,500 Club Carlson Points (You can repeat this for November and December to earn a total of 25,000 Club Carlson points)
Fees on Gift Cards – $20 (Five gift cards)
Statement Credit – $20
So basically the gift card fees would adjust towards the statement credit and you will earn 25,000 Club Carlson points for almost nothing (other than making trip for buying the gift cards) if you spend $2,250 each month (November and December)
For me the timing is perfect for this offer – I am short on spending ~$1500 of $10000 required annually on this card to earn the annual free night certificate, so once I complete the promo not only I would get the free night certificate but also another 25,000 Club Carlson points for almost free.