Given that Banco Popular has increased the sign up bonus on the Avianca credit cards to 40,000/60,000 miles I thought it would be useful to put together a post of things everybody should know about their credit cards.
- The cards are not churnable. If you’ve been approved for one variation of the Avianca card before, they won’t approve you for another Avianca card. The plus side is that they don’t even let you proceed with the application so no credit inquiry is done.
- It’s possible to call reconsideration if you’re not instantly approved. Previously you had to send a snail mail letter to Puerto Rico to plead your case if you were denied for one of their cards, but they now have a regular reconsideration number you can call. If you’re not comfortable with calling reconsideration I’d recommend reading our tips here.
- They do have retention offers. In the past people have been able to get the annual fee waived from year two onwards. This can be useful as the cards has some ongoing benefits.
- They will pull a different report if you have a frozen credit report with one of the bureaus.
Things We Don’t Know
There is a lot of things we don’t know about Banco Popular. If anybody knows the answer to any of these questions, please let us know in the comments so we can make this page more useful.
- Do they match higher sign up bonuses? E.g if you applied for a 40,000 mile offer and a 60,000 mile offer comes along will they match the sign up bonus?
- Do they expedite credit cards? If so, what fee if any is charged?
- What is their annual fee refund policy?
- Does asking for a credit limit increase result in a soft or hard pull?
- Do they allow product changes?
- Can you change your statement closing date?
- Is it possible to get the sign up bonus expedited?
Final Thoughts
As always fingers crossed other readers can help us build out this page. If anybody has any other useful information let us know in the comments. You can view other posts in this series by clicking the links below.
