Breaking Points: Credit Card News

Spirit Airlines has officially announced it is ceasing operations effective May 2, canceling all flights. Tickets booked directly with Spirit will be refunded to the original form of payment, while those booked through third-party platforms will need to be handled through those providers. The airline has not yet announced what will happen to the Spirit Airlines Mastercard. Any Spirit points will effectively be worthless going forward. Several airlines, including American, Delta, United, JetBlue, Southwest, Frontier, Allegiant, Avelo, and Breeze, are offering discounted fares for affected travelers. If you had upcoming travel booked, it’s best to rebook as soon as possible.

The Citi AAdvantage Platinum Select World Elite Mastercard is offering 80,000 miles after just $1,000 in purchases in 3 months, which is unusually low for this bonus level. That’s up from the standard offer of 65,000 miles with the same spending requirement. The annual fee is waived the first year and $99 thereafter. This is an in-flight offer that requires entering code 000000 at the top of the application page.

Last Chance! This highest ever offer ends today, June 15, 2026 at 9am EST.

Chase Sapphire Reserve is offering 150,000 miles after spending $6,000 in 3 months. That’s up 25,000 miles over their standard offer of 125,000 miles with the same spending requirement. The annual fee is $795. If you applied for the card after April 20, 2026 but before the April 30 announcement of this elevated offer, you may be able to call Chase to match the new bonus. With Chase’s updated rules, you’re only eligible for the welcome offer once per lifetime, so this could be a good time to apply if you’ve been considering Chase’s top personal card.

IHG One Rewards Premier is offering 150,000 points after spending $3,000 in 3 months, plus up to 35,000 more bonus points by spending a total of $6,000 in the first 6 months. That’s up from their standard offer of 140,000 points with the same spending requirement, with the additional 35,000 points requiring $3,000 in extra spend. The annual fee is $99.

IHG One Rewards Traveler is offering 90,000 points after spending $2,000 in 3 months, plus up to 35,000 more bonus points by spending a total of $4,000 in the first 6 months. That’s up from their standard offer of 80,000 points with the same spending requirement, with the additional 35,000 points requiring $2,000 in extra spend. There is no annual fee.