Most bloggers are writing obituaries for the Continental OnePass Plus Card and advising you to apply for the Continental OnePass Plus Card soon. Well, I beg to disagree. From my limited understanding, my advice in general is: don’t apply for it. Unless
- You have a targeted offer for 50K signup bonus.
- You have already got your 50K signup bonus from the United Explorer Card and wouldn’t mind a credit hit.
- You want to keep a Continental OnePass Plus card as a memoir and don’t mind losing out on 20K signup bonus.
Other than that here’s why you shouldn’t apply for this card:
Terms and conditions on the new United Explorer Card state
“United MileagePlus Explorer cardmembers will only receive one 50,000 bonus miles award if they apply for both the United Explorer Card and the Continental OnePass Plus Card after 7/19/2011”
When you can easily get 50K bonus miles by applying for the Explorer card, why settle for only 25K bonus miles by applying for the OnePass Plus Card?
Granted, the terms and conditions can change. However, Chase has been extremely stingy with sign-up bonuses and this doesn’t seem worth the risk to me.
Am I missing anything? Let me know. Now, where did I keep my body armor?
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