Originally Posted by
DreamingOfPoints
I'm not applying for a loan for my condo until late 2013 so presumably I can do a churn.
Applying for 1 card (or 2? haha) that I'll keep permanently sounds like a good idea but I'm not sure which one. I thought about SPG and its 30k bonus but I'm very satisfied with my Chase Sapphire Preferred and I'm not sure if I can justify paying two annual fees. Freedom is a free card but has a really weak sign-up bonus.
My 3 open credit cards are a 2% cashback card (2008), Amex Blue (2008) and CSP (2011). I do the whole 5x thing with dad's ink bold + prepaid cc. I've never had a loan
Having that Amex blue changes things, Amex is the only company that backdates new accounts to your original membership year. For example, an account open August 2012 would backdate to August 2008 not showing up as a new account. It would also assist with keeping your AAoA above 2 years.
If you're not applying for a mortgage until late 2013 you can do 2-3 now and 2-3 at the beginning of 2013. Try the US Airways Barclays card, it gives 10k miles for each year you have the card, essentially canceling out the AF. You could also go after the AA citi cards, which in all likelihood you could probably get a statement credit or AF waived each year. Make sure you find the links for these apps around here instead of using lesser offers.