Do you have link to the 55K United card bonus? I only see "up to 40K" on their site.
Also, at what annual credit card spending amount would you say the the difference between 1% cash back on generic rewards card vs some of these travel miles rewards card come into play? 20K spending? 30K?
Originally Posted by
aarif1
Cheap-out answer: It depends. On a lot of factors.
But, it is possible to redeem miles for over 1 cent/mile value. However, if your annual credit card spending is not substantial, the difference may not be worth the effort.
The real quick gains from getting airline cards is usually in the sign up bonus. American has cards with 50k miles bonus, 55k miles for the United card, etc. Applying for multiple cards is how many of us on this board rack up the miles for travel. Also note that some points, e.g. Ultimate Rewards points, are transferable to airline miles (if you have the right card). If I were you, I would start saving all points earned on your Freedom card.
To start out, I would just continue to explore this forum, in particular the Creedit Card and Milesbuzz! subforums. Check out the FT new users guide, which includes a link to a glossary of commonly used terms.
Anyway, welcome to FlyerTalk!