Breaking Points: Credit Card News

Bilt has added Preferred Hotels & Resorts' iPrefer program as a new transfer partner. Points transfer at a 1:2 ratio, matching Capital One and Citi, the only other transferable currencies that partner with iPrefer. More hotel transfer partners are generally a positive development, giving Bilt members additional redemption options. The timing is also interesting, as Bilt has frequently featured newly added partners in future Rent Day transfer bonuses. We wouldn't be surprised to see iPrefer receive that treatment, especially after Citi recently devalued its iPrefer transfer ratio from 1:4 to 1:2.

Capital One is targeting some cardholders with travel-related offers through its travel portal. The best offers we've seen include 20x points (up to 50,000 points) on your first hotel, vacation rental, car rental, or activity booking through July 28, 2026; $200 off Lifestyle Collection vacation rentals through June 30, 2026 with no minimum spend requirement; and 20% off up to $200 on Premier and Lifestyle Collection vacation rentals through June 30, 2026. We wouldn't book a trip solely to take advantage of these offers, but if you already have travel plans and have been targeted, there could be some meaningful savings available.

Some business owners choose to pay taxes with a credit card when working toward a welcome bonus, even after accounting for the processing fee. Venture Business cardholders receive a $50 annual software credit, and some users have reported that fees paid through PayPal using ACI Payments were reimbursed by Capital One under that benefit. The fee is charged separately from the tax payment itself, which may explain why it triggered the credit. We have no idea whether this was intentional, and opportunities like this often get shut down once discovered, but it may be worth a try if you already planned to pay taxes with the card and incur a fee.

Wyndham Rewards Earner is offering 30,000 points after spending $1000 in 3 months, plus an additional 30,000 points by spending $500 at Hotels by Wyndham in 6 months. That’s up from their standard offer of 30,000 points with the same spending requirement. The annual fee is $0.

Wyndham Rewards Earner is offering 45,000 points after spending $1000 in 3 months, plus up to 55,000 points by spending $500 at Hotels by Wyndham in 6 months. That’s up from their standard offer of 45,000 points with the same spending requirement. The annual fee is $95