Breaking Points: Credit Card News

Citi Travel is celebrating its third anniversary by offering $50 off a one-time hotel booking of $300 or more made through the Citi Travel portal between May 27-29, 2026. There is no minimum stay requirement. The promo can also stack with other Citi Travel benefits, including the Strata Premier’s $100 annual hotel credit on bookings of $500 or more or the Citi Strata Elite’s $300 annual hotel credit (which requires a minimum two-night stay). The standalone $50 discount is solid on its own, but this becomes much more interesting if you can combine it with other Citi card perks.

Amex has a targeted offer for $100 back after spending $500 at eligible Wyndham properties worldwide. The promo is limited to participating “luxury” properties and reservations must be made directly with Wyndham. Purchases must total at least $500, and while timeshares and gift cards are excluded, the terms say the offer is valid on “room rate and room charges.” That means charges like meals, spa treatments, or parking may count if they are billed directly to the room. Eligible cardmembers must add the offer to their card before using it, and the offer is valid through October 27, 2026. See the Wyndham page for eligible properties.

Chase is doubling its referral bonus on eligible Chase business cards from 20k to 40k points. Cardholders can now earn 40k points per approved referral, up to 200k bonus points per calendar year, through December 31, 2026. The important detail is that only Ink Business Preferred and Sapphire Reserve for Business cardholders can send referrals. However, the person receiving the referral can apply for any of the following cards for the referrer to earn the 40k bonus: Ink Unlimited, Ink Preferred, Ink Cash, Ink Premier, or Sapphire Reserve for Business. You will not earn a bonus unless you refer a new Chase for Business customer.

Bilt’s June 2026 Rent Day promotion includes a transfer bonus to TAP Air Portugal Miles&Go. Platinum members receive a 100% bonus, Gold 75%, Silver 50%, and Blue 25%, with the option to boost the bonus by an additional 25% by redeeming $150 in Bilt Cash. Transfers are capped at 100,000 Bilt points for earning the bonus, and the offer is valid only on June 1, 2026. TAP is not one of our favorite airline programs and lacks many standout sweet spots, but at the full 125% transfer bonus, a Platinum member could transfer roughly 44,500 Bilt points for a 100,000-mile business class award between the U.S. and Europe, making the pricing much more competitive with other transferable points systems, especially for travelers departing from the Midwest or West Coast since TAP prices all U.S. departures the same.

Update: This rumor is now confirmed as Citi ended applications for the Custom Cash card on May 28, 2026. As of now, there do not appear to be any changes for existing cardholders. Data points are mixed on if you can still product change now that applications are closed. We will update as more information comes in.

May 26, 2026

Doctor of Credit is reporting that Citi will discontinue applications for the Custom Cash card, possibly as soon as the end of this week. The Custom Cash is one of Citi’s most popular cards and a key part of many Citi trifecta setups thanks to its automatic 5x category earnings each billing cycle. Many users pair it with the Citi Double Cash and a Strata card to maximize earnings and unlock transfer partner access. Applications for the card are still currently live, so if this is a card you’ve been considering, now may be the time to apply. If you already have another Citi card you no longer use, it may also be worth calling to see if you can product change to the Custom Cash, though product change options vary by customer. Citi has not announced any changes for current cardholders.