The BB&T Spectrum Travel Rewards Credit Card has a special offer for 20,000 bonus miles when you spend at least $2,000 in the first 90 days of opening your account. The BB&T says that their miles have a $200 value. Including the $89 annual fee, the welcome bonus will handle the cost of the credit card for approximately two years. See our list for more travel cards including the Gold Delta SkyMiles Credit Card from American Express.
The Spectrum Travel Rewards card offers twice the mileage on travel spendings that meet the qualifications which you can use in many different ways. With the annual $50 airline incidental credit and TSA Precheck or Global Entry payments included in the set, it’s not a bad option if you are seeking for a travel card with flexible rewards.
If you are not able to afford paying $89 a year on a credit card, you’ll want to think about searching for no-annual-fee options instead.
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Spectrum Travel Rewards Card Quick Facts
|Bonus Available||Receive 20,000 bonus miles when $2,000 is spent within the first 90 days of opening your account.|
|Travel Credit||Enjoy an annual $50 statement credit towards airline incidentals.|
|Ongoing Rewards/Benefits||Get 2x miles on air, hotel and rental car purchases and 1x miles on any other desired purchases.
Earn up to $100 as credit for the TSA Precheck or Global Entry application fee every 4 years.
|Foreign Transaction Fees?||No|
|Airport Lounge Access||No|
|Annual Fee||$89, waived your first year.|
*If interested see our list of BB&T Bank bonuses for Checking & Savings accounts.*
- Welcome bonus
- Annual airline incidentals credit
- TSA Precheck/Global Entry credit
- No foreign transaction fees
- Annual fee
- Good-Excellent credit needed to qualify
- Restricted definition of “travel”
- Limited availability
Editor’s Alternate Pick
The Delta SkyMiles® Gold American Express Card offers 50,000 bonus miles after you spend $2,000 in purchases on your new Card in your first 3 months, Offer Expires 10/28/2020.
You'll earn 2X Miles on Delta purchases, at restaurants worldwide, including takeout and delivery, and at U.S. supermarkets; 1X mile for every eligible dollar you spend on purchases.
NEW! Earn now. Travel when you're ready. After you spend $10,000 in purchases in a calendar year, you will receive a $100 Delta Flight Credit to inspire your next travel.
There is a $99 annual fee, however, there is a $0 introductory annual fee for the first year (See Rates & Fees). Now, you'll get a savings of up to $240 per round trip for a family of four by being able to check your first bag free on Delta flights.
Spectrum Travel Rewards Card 20,000 Miles Bonus Offer
Make use of the Spectrum Travel Rewards card’s 20,000 bonus miles offer. The BB&T page says that their 20k points are worth about $200.
If you would like to qualify, charge a minimum of $2,000 to your card in the first 90 days from the account opening.
Here are some ideas on meeting the spending requirement:
|• Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review.|
|• Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank.|
|• Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay.|
|• Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees.|
What are Spectrum Miles Worth?
Compared to other travel rewards cards, depending on how you chose to use your miles the value of it will vary. The BB&T states that each Spectrum mile is worth about $0.01. That’s an equal standing with the industry average.
When your miles are ready to be used, you have a couple different choices to chose from, including:
- Statement Credits
- Gift Cards
To receive the highest profit from your Spectrum miles, use them when booking hotels. They’re worth 75% more when used like this.
Spectrum Travel Rewards Card Top Features
Collect a statement credit of up to $50 each year for all airline incidental transactions that meet the qualifications. This would include checking bag fees, inflight purchases and more.
If you use this feature to its full extent, you’ll reduce the card’s annual cost from $89 to $39.
Receive a statement credit every four years for the TSA Precheck ($85) or Global Entry ($100) program. Owning a membership to whichever program you chose would mean that you are a low-risk traveler. That would mean you can pass through airport security much faster, without having to remove your shoes, liquids or electronics from your carry-on luggage.
Make purchases abroad without worrying about foreign transaction fees with the Spectrum Travel Rewards card.
Spectrum Travel Rewards Card Availability
The Spectrum Travel Rewards card is limited in certain locations in BB&T’s network. That includes:
- District of Colombia
- North Carolina
- South Carolina
- New Jersey
- West Virginia
If you live in a different area that is not listed above, you will need to think about looking at different credit card options.
The Spectrum Travel Rewards card isn’t very eye catching. The most interesting feature this rewards card has is the welcome bonus that will be worth about $200. The airline incidental and TSA Precheck credits looks like it is only there to condone the card’s $89 annual fee. With the limited “travel” bonus category that only covers air, hotel and rental car purchases, it would be easier to find better valued travel rewards cards.
(Visit BB&T Spectrum for more details)
What’s the Competition?
There will be some of the top competitors for BB&T Travel Rewards credit cards that you should evaluate listed below.
The Capital One® Venture® Rewards Credit Card offers 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3000 on purchases in the first 3 months.
You're able to earn 2X miles on every purchase, every day.
This card does come with a $95 annual fee. Enjoy no foreign transaction fees and receive up to $100 application fee credit for Global Entry or TSA Pre✔®.
The UnitedSM Business Card offers 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open. Limited time offer.
You can also receive 5,000 bonus miles each anniversary when you have the United Business Card and a personal United credit card.
You'll earn 2X miles per $1 at restaurants (including eligible delivery services), gas stations and office supply stores and on United purchases. 1X mile per $1 spent on all other purchases.
In addition, earn 2X miles per $1 spent on local transit and commuting- including train tickets, taxi cabs, mass transit, tolls and ride share services.
The card does carry a $99 annual fee (waived first year), however, you're able to save up to $140 per round-trip with a free checked bag. In addition, you have the opportunity for two one-time United ClubSM passes each year — Over $100 in value per year.
Also, enjoy $100 annual United travel credit after 7 flight purchases of $100 or more.
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