Originally Posted by
Schnit
You sign up for the card June 2023:
June 2023 - Dec 2023 - You spend $15,000 and get a FNC
January 2024 - May 2023 - You spend $15,000 and get a FNC
June 2024 you downgrade the card and pay no second annual fee. You have received 2 FNCs for 1 annual fee.
I'm impressed.
However, wouldn't work for me. I'd have trouble charging $30K in a 12 month period (note I didn't say year). I have other cards with different benefits that I need to also put spend on. And my spend is not unlimited, unfortunately.
I also LIKE my Surpass card, and I'd want to be sure I could reapply (what's the language on getting the same card again?). I would hate to give it up for the sake of one FNC.
You'd also have to, as you point out, get the card in the middle of the year to have this work, many of us don't plan that way, we just get a card if we want it when we see a good SUB.
I'm basically not a churner, and I'm quite happy with the one FNC for the year, especially one I get for only $95 and can then use for $400-800 room (which has been my trend).