[Expired] MERRILL + Visa Signature Credit Card: 50,000 Point Sign Up Bonus (Worth $500-$1,000)

Unfortunately this offer has now expired. You can view the best current credit card bonuses here.

The Offer

Direct links: 1 & 2 (only link one is currently working)

  • Receive a sign up bonus of 50,000 points after $3,000 in spend within the first 90 days.

Keep in mind that this is “an exclusive offer – just for you” so it’s possible that it’s a targeted sign up bonus and you need to have a relationship with Merrill Lynch to be eligible. Update: Here are some datapoints of people being succesful:

Further update: Lots more successful datapoints in the comments. It seems that sometimes it says that you’re pending but when you log into your account you’re approved.

It seems that calling in is usually necessary. Thanks to GWBlueBlueBlue.

merrill-lynch

Card Details

  • No annual fee
  • Spend $50,000 or more a year and choose one of the following:
    • $200 travel credit that can be used for travel incidentals or
    • Complimentary Delta Sky Club lounge membership
  • Card earns 1x point per $1 spent on all purchases
  • Might be possible to get 10 Lounge Club passes by asking

How Much Are Points Worth?

Points never expire and you can redeem your points for gift cards, cash back, statement credit, to offset any purchase or for flight bookings.

Points are worth as follows:

  • Gift cards: 1¢ per point
  • Cash back/statement credit: 1¢ per point
  • Flight bookings: Up to 2¢ per point

For flight bookings you have to redeem a minimum of 25,000 points ($500 in flights) at a time. The value you get out of this option will depend on what airlines you redeem for:

  • American Airlines, British Airways, Alaska Airlines,  Delta Airlines & United Airlines allow you to redeem 25,000 points for up to $500 in flights (2¢ in value)
  • All other airlines allow you to redeem 30,000 points for up to $500 in flights (1.67¢ in value)

This is no longer true, points are worth 2¢ for the majority of airlines. You can read more about this here.

You’ll also earn frequent flyer miles and elite qualifying miles on these flights as well. If flights are under $500, you’ll still need to pay the minimum of 25,000 points. For flights over $500, you’ll only get a value of 1¢ a point (and this is done in increments of 2,500 points).

Our Verdict

Great offer and from everything I’ve seen it doesn’t look like you need any relationship with Merrill Lynch. Another thing to keep in mind is that at least one reader has had their inquiries combined when they applied for this card and another Bank of America card. I assume that this means that other Bank of America rules will apply to this card as well. Other Bank of America cards you might want to consider getting at the same time as this card (getting the hard inquiries combined) are as follows:

You can also read our review of the Merrill Lynch Octave credit card here.

Thanks to sirtheta on /r/churning.

285
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
MM Austin
MM Austin

Alas. I missed this Offer. Does anybody know if there is any way to apply for this card now?

Frito Pendejo
Frito Pendejo

Any DPs on what works for the travel credit? Amazon GC via MPX? AA gift cards?

Ralph
Ralph

Applied by phone on 6/1 and approved on 6/2. Confirmed that the 50,000 point sign up bonus after $3,000 spend is still available (CSR read me the terms before I agreed to start the application).

Patrick Spranger
Patrick Spranger

Applied for the card. I got rejected. Asked for reconsideration. Is it worth calling the line a second time or just cut my losses this round?

MarcoPolo
MarcoPolo

@Ken
WiFi calling is easy. free and there are various ways.
I use ObiHai with Google Voice as my landline. I also use it for FAX.
You can also use various apps on your smartphone to make calls over WiFi and in my opinion Google Hangout works very well.

Dan
Dan

I was able to successfully apply for the 50k points after $3k spent in 90days on 3/27/17.

Ken
Ken

Online or over phone? If online which link did you use? Both here don’t work.

Dan
Dan

Over the phone (1-866-751-1257). Didn’t even have to fight over it. The rep offered it upfront.

MarcoPolo
MarcoPolo

@Ken
Lot of people have reported success with their phone application.
See this thread for details.
https://www.doctorofcredit.com/merrill-still-available-via-phone-bonus/

Ken
Ken

I hate doing applications via phone since my phone doesn’t work well where I live.

MarcoPolo
MarcoPolo

This was my first time and I also hate doing it over the phone but it turned out to be in my favor since the online applications are getting the dreaded “approved in error” phone calls.
https://www.doctorofcredit.com/psa-word-warning-bank-america-credit-card-applications/#comment-384004

Ken
Ken

Might have to get wifi calling figured out.

Joey
Joey

Minimum redemption for statement credit is 3000 points for $30. So if you only spend 3k to meet your spending requirement you can purchase 2 airline tickets up to $500 each AND $30 statement credit to use up all your points.

Also, anything above 3000 points is fine 3001 points will be redeemed for $30.01 statement credit

Joey
Joey

is this deal dead?, both links expired

Bob
Bob

Doc, looks like the link is expired. 🙁

P
P

This card as well as Alaska Air personal and better balance rewards all went to pending.

I was going to try the Alaska Business but there was no way to enter an SSN in place of EIN – formatted as EIN

Ken
Ken

Format doesn’t mean anything. You can use your SS# in place of an EIN just fine.