FlyerTalk Forums - View Single Post - Personal CC optimization strategy question
Old Feb 8, 2011 | 5:25 am
  #6  
goodtricks
 
Join Date: Feb 2009
Location: BOS
Programs: HH Gold
Posts: 180
Originally Posted by alacast
I'm not a high roller, but I've a great credit score and have managed to attract the interest of credit card companies. So far I've simply been getting cards with large sign on bonuses and low minimum spends, with the intention of cancelling them later if necessary.

This means I have a bunch of cards with miles/points for each dollar spent, but not a lot of income/spending to earn miles in that way. Short of buying dollar coins, what's the best use for these cards? I happen to be able to pay rent by credit card, but that's only a few hundred dollars a month, so it won't result in even a domestic ticket quickly. I've been using rents payments to quickly hit minimum spend.

Thanks!
I'm in a similar situation. I've recently decided to go with the Hilton Surpass as my main card (hit the 40k spend for Diamond (coins will help) and save up for a fixed redemption). Then I have just been relying on signup bonuses for flights.

It is not getting me any status on airlines, but I currently don't fly enough to reach the different status tiers.

Go with one card as your main card, build up a credit line on that card, and just use the other signup bonsuses as extra.
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