MilesBuzz! - credit card advice for starting new business




jennifer79
Oct 27, 07, 2:52 am
Hi. I have about 50K in cash and 17K in debt on one 0% 12-month credit card offer, and have about 5 open cards with 0 balances that I signed up for their miles offers. I don't need more miles now. I want three credit cards:

1. a place to transfer my 17K balance to when the 0% offer expires in a few months. low balance transfer fees and a card that will give me the full 17K transfer rather than a 10K limit or something would be best

2. a card that has 0% for 12 months or more on new purchases

3. a card that pays 5% back

Any suggestions? Should I cancel some of the open 0-balance cards before applying for new cards? My FICOs are about 685/705/725. No late payments, just a short history with list of inquires.

Should I apply for cards now for consumer cards when I have a high-income job, or in 6 months when I have no income but will have a business to get a business credit card? Or maybe both?


chuckd
Oct 27, 07, 2:58 am
nm. Try fatwallet finance.

jennifer79
Oct 27, 07, 2:59 am
So far I am leaning toward:

1. Transferring my 17K Chase balance to citibank 0% balance transfer offer for 12 months for a $250 fee or about 1.75% APR

2. Signing up for the AMEX 0% purchase 6-month promotion (with 5% cash back)


jennifer79
Oct 27, 07, 2:59 am
Sorry if this is the wrong spot, this is where I found all the credit cards I have now!

flipside
Oct 27, 07, 11:15 pm
I agree with the above poster. This doesn't really have anything to do with the latest frequent flyer program buzz.

I would suggest the fatwallet.com finance forums.

Regards,

Flipside



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