Credit Card Offers $150 Bonus With Spending Requirements
Translated & summarized from Israel Hayom by baba
Credit card company Cal is offering a $150 bonus to 50,000 new and existing FlyAll cardholders who spend 15,000 shekels within three months. The FlyAll card, a joint venture with Issta, has attracted 200,000 customers since its June launch. New benefits include double points on Thursdays and travel insurance for premium cardholders. Existing El Al Flycard customers can switch to FlyAll but will forfeit El Al frequent flyer benefits.
The story in 5 lines · by baba
- Cal's FlyAll credit card offers a $150 bonus to 50,000 customers meeting spending requirements.
- Cardholders must spend 15,000 shekels in three months to receive the $150 bonus.
- The FlyAll card has gained 200,000 customers since its launch in June.
- New benefits include double points on Thursdays and travel insurance for premium users.
- Existing El Al Flycard holders can switch to FlyAll, losing El Al frequent flyer benefits.
Credit card company Cal has announced new benefits for its FlyAll credit card, which has attracted approximately 200,000 customers since its launch in June. The new offers include a $150 bonus for 50,000 new and existing cardholders who register for the promotion, provided they meet certain conditions. Specifically, new registrants must be among the first 25,000, and existing customers must not have previously qualified for gifts. The primary condition for receiving the bonus is accumulating 15,000 shekels in purchases within three months, averaging 5,000 shekels per month.
In addition to the bonus, cardholders will receive double points on Thursdays for purchases made on the FlyAll website. Standard cardholders will earn 2% back in points instead of 1%, while premium cardholders will get 2.4% instead of 1.2%. Premium cardholders also receive ten days of complimentary travel insurance for one parent and child.
Further benefits include a waiver of the first year's annual fee for all cardholders, contingent on at least one shekel transaction, and a complimentary year-long Wolt+ subscription, subject to promotion terms. The FlyAll card is a collaboration between Cal and the tourism company Issta, designed for accumulating points on everyday purchases to redeem for flights, hotels, and vacation packages across various airlines, including El Al, Arkia, and Israir, as well as international carriers.
Existing holders of El Al's Flycard can transition to the FlyAll program while retaining their card number, PIN, and credit limit. However, this move means they will no longer earn points or diamonds in El Al's frequent flyer program. The nearly 200,000 sign-ups in four months indicate significant interest in the new program.
