Update 02/11/18: This has now been officially confirmed, with JCB sending out a letter to cardholders informing them that there card will be active until April 30th, 2018.
They are also offering a spending bonus or spend between January 1st and March 31st. Bonus is as follows:
- Spend $1,000 or more and receive $15 cash back points
- Spend $5,000 or more and receive $50 cash back points
A few days ago we posted that payment network and card issuer JCB were no longer accepting new credit card applications. Now according to Flyertalk user Magic Pickles senior management has dedicated to discontinue business in the USA, they plan to send out letters to current cardholders later this month informing them of this decision. They expect accounts to be deactivated by the end of April, 2018. JCB was interesting because they offered the following cards that offered up to 3% cash back:
We have reached out to JCB to confirm this information but are yet to hear back. I have little doubt it’s accurate, but something to keep in mind. It hasn’t been a good start to the year for cash back cards that earn at over 2% cash back, with the USAA Limitless also being discontinued.
