Just as I broke the mythical 800 barrier in my credit score, I’m doing it again. Yep, I signed up for another credit card. I can’t help it, when a credit card company offers to give me a sizeable chunk of money, I stick my hand out and take it. Though this time, I feel a bit dirty about the matter. My Money Blog highlighted a promotion Bank of America is running for University of Iowa Branded credit card. If you’ve read my about page, you know that I didn’t attend the University of Iowa, and hence the dirty feeling I have for applying for the car. However given that the application doesn’t actually ask if I attended the University of Iowa, I assume that anyone can apply. Still if feels a little dishonest.

The only requirement I believe to recieve the 25,000 WorldPoints is to spend $300 on the card. Given that I can easily spend $300 on credit card, it’s basically free money. The 25,000 WorldPoints is reedemable for a flight within the U.S. or a 250 check. I’ll opt for the check given that I have no trips planned in the next 6 months. I expect to recieve the credit card in the next week, and then hopefully recieve my bonus in the next 3 months.