That bonus is worth $100 if you use the points to get a statement credit for eligible Priceline purchases or other travel purchases. Modest One-Time Offer: The card offers 10,000 bonus points after you spend $1,000 in the first 90 days.But if you happen to use the site for a “pay later” reservation, to be settled at the hotel counter, you won’t get the favorable 5-points-per-dollar Priceline rate instead, the transaction will earn only the card’s default 1 point per dollar. “Pay Later” Priceline Purchases Don’t Receive the Best Rewards Rate: Priceline is overwhelmingly known for discounted bookings for which you immediately pay the site for the transaction.That helps make transferring a balance to this card less costly in terms of fees than to most other cards. But the 5,000 points you’d earn-1 point for each dollar transferred-would be worth $50 as a statement credit against general travel expenses and Priceline ones. For example, transferring $5,000 requires paying a fee of $150. While the real benefit of a transfer is in the interest savings, the rewards you earn on the transaction can help justify the transfer fee. The balance transfer must also be completed within the first 45 days of account opening. But unlike practically all other offers we’ve seen, this one provides rewards on the balance you’re transferring. Like almost all such offers, the 15-month interest-free provision with this card comes with a $5 or 5% transfer fee, whichever is greater. 0% APR Offer, Including Points Rewards on the Transfer: For those paying high interest on another credit card balance, a 0% APR offer is a welcome option, especially on a card with no annual fee.This applies whether you purchase your travel through Priceline or elsewhere. Flexible Redemption Options for Travel: The points can be redeemed at one cent apiece against airfare, hotels, car rentals, and more.With each point worth 1 cent when used as a statement credit against Priceline purchases, those rewards total 5 cents for every dollar spent at Priceline-a rate that’s hard to beat with many other credit cards. Those specialties include discounted (and usually non-refundable) Pay Now purchases and those on which you bid for a rental car or hotel stay, often without knowing the precise chain that will provide the service. Generous Rewards on Most Priceline Purchases: The Priceline VIP Rewards Visa offers 5X points for every $1 spent on Priceline bookings.“Pay Later” Priceline purchases don’t get the best rewards rate
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