Fintech firm Cardless issues several travel related credit cards in the United States, including for Avianca, LATAM, Qatar Airways, and more. Historically, the issuer has had one particularly frustrating policy when it comes to approving people, though that has now been dropped, as reported by Travel on Point(s).
In this post:
Cardless now lets consumers get more than one card
Historically, Cardless’ policy has been that consumers can be approved for at most one Cardless product per lifetime. I can of course understand wanting to encourage profitable behavior (all card issuers have application restrictions), but that seemed a bit extreme, since there are legitimate reasons that people may want to apply for (and keep) multiple cards from an issuer.
As shared by Mark Ostermann, that rule has now been abolished. So consumers can get multiple cards from Cardless, and there are data points confirming it. A Cardless representative even shred the issuer’s new rules.
Specifically, you can only get a particular card once, and can only pick up one product per “card family,” for situations where there are multiple options. Furthermore, you can only apply for Cardless products after it has been over 60 days since your last Cardless approval, and 45 days since your last Cardless denial. These rules seem fair, and this policy change seems long overdue.
For some context, for those not familiar, fintech firm Cardless has been doing some creative stuff in the credit card space. What makes Cardless unique is how quickly it’s able to launch new cards. Cardless can launch products faster and with lower startup costs than with other issuers, so it has allowed co-brand card portfolios to be introduced that might not otherwise be economically viable with one of the “big” players.
There are some compelling Cardless products!
I’ve generally been hesitant to apply for Carldess cards, given the “once in a lifetime” nature of picking up a card with the issuer. But now that the restriction no longer exists, I think it’s time to pick up a couple of these cards.
For example, the premium Cardless Qatar Airways card not only offers a great bonus, but also provides Privilege Club Gold status for a year, which gets you oneworld Sapphire status, including Flagship Lounge lounge access on domestic American itineraries. That’s quite compelling, if you ask me.
I’d consider the premium Cardless Aviana card to potentially be a good value as well, in terms of the welcome offer, plus the lifemiles+ lite membership, which gets perks like waived change and redeposit fees on lifemiles awards.
Bottom line
Cardless no longer restricts consumers to picking up one card from the issuer. It’s now possible to get one product per “card family,” which I’d consider to be a huge improvement. So if you’ve been considering picking up a Cardless product but that rule was preventing you from doing so, it might now be worth another look.
With this rule change, do any OMAAT readers plan on picking up more Cardless products?
Has this been officially verified beyond "a customer rep said" ?
Terrible company. The amount of back-and-forth it took for them to actually post my Aviana SUB was beyond frustrating.
Looking forward to closing my account once the annual fee posts. Would not recommend.
The once per life time isn't because it's a rule but a limitation. As a former customer, I believe the once per life time is because their system is poorly designed to handle only one card.
I would believe that. I have the QR card and their customer support is very bare bones (which isn't necessarily a downside; it means it's easier to reach people who are empowered to help instead of wading through chatbots first)