CNB Crystal Visa Infinite Credit Card Review (2018.9 Update: 75k Offer)

City National Bank (CNB) Crystal Visa Infinite Credit Card Review

2018.9 Update: The new offer is 75k, and is valid from 9.17 to 12.17.

2018.1 Update: There’s a 50k offer now, but note that the first year annual fee ($400) is no longer waived.

Application Link

  • The official webpage for this card is here, but you can’t apply online, you have to go to the branch to apply. The branches are only in the following states: California, Georgia, Nevada, New York and Tennessee. And the branch location map is here.

Benefits

  1. 75k offer: earn 75,000 points after spending $5,000 in first 3 months. When the card first came out, the offer was 100k, but people doubt whether we will see such an offer again.
  2. The points earned by this card can be redeemed for gift cards or airlines etc. If you use them to buy Visa Gift Cards, the points are worth about 1 cent/point. When redeeming for airline tickets, the points are worth about 1.2 cents/point. See this post for details.
  3. Earn 3 Points per $1 spent on gasoline, grocery, airline, hotel, taxi, limousine, rental car, train bus, restaurant, fast food and takeout food and dining purchases and 1 Point per $1 spent on all other purchases.
  4. Receive a statement credit of up to $250 per card per calendar year for Qualifying Airline Purchases (Airline ticket itself is not included)! For details, please see this thread, data points show that UA Gift Registry<=$50 per transaction, AA eGift Card<=$250 per transaction is fine. You can’t use MPX to get the airline credit.
  5. Complimentary Priority Pass Select (PPS) card, which gives you free access to many airport lounge worldwide.
  6. Up to $100 credit for Global Entry application fee. Note that this card does NOT reimburse TSA Pre application fee.
  7. This is a Visa Infinite card, and it has all the Visa Infinite benefits. One of the notable benefits is the “Discount Air Benefit”: Save $100 on air travel when you use your Crystal Visa Infinite Credit Card to book a qualifying U.S. domestic round-trip coach airline itinerary for 2 to 5 travelers through the Visa Infinite Discount Air Benefit website.
  8. No foreign transaction fee.
  9. No annual fee for authorized users! You can add up to 3 authorized users. What’s different from other similar cards is, the limit for airline credit is separate for each card! Assuming you added all 3 authorized users, and count the main account holder as well, your annual airline credit limit is $250*4=$1000!!

Disadvantages

  1. $400 annual fee, NOT waived for the first year.
  2. You can’t apply online, you have to go to the branch to apply. The branches are only in the following states: California, Georgia, Nevada, New York and Tennessee. And the branch location map is here.
  3. Data points show that, you need a very good income to qualify for this card, $100k+ annual income. They may need you to provide your pay stubs and W-2 Form to prove your income.
  4. The official term says: “The Airline Incidental Fees Statement Credit benefit may be subject to taxation and/or Form 1099 reporting. Taxes, if any, are the responsibility of the Crystal Visa Infinite Credit Cardholder.” Looking forward to some data points about this.

Recommended Application Time

  1. If you have enough income and there’s a branch nearby, I strongly recommend you apply as soon as possible!

Summary

I personally think this is the single best credit card in history! Let’s calculate the return you can get on this card, and the following calculations are assuming you added 3 authorized users. If you close the account before the annual fee posts (2 calendar years), then you can get $1000 sign-up bonus plus $250*4*2 airline credit plus first annual fee waived = $3000 in return! If you want to keep this card, apart from the sign-up bonus, you get $250*4 airline credit minus $400 annual fee = $600/year! And don’t forget other benefits such as Priority Pass etc. So, if you have enough income and there’s a branch nearby, I strongly recommend you apply as soon as possible!

Recommended Downgrade Options

Historical Offers Chart

Application Link

  • The official webpage for this card is here, but you can’t apply online, you have to go to the branch to apply. The branches are only in the following states: California, Georgia, Nevada, New York and Tennessee. And the branch location map is here.

Share this post with friends

If you like this post, don't forget to give it a 5 star rating!

[Total: 4    Average: 4.3/5]