Jan 2, 2017, 9:16 am
Last edit by: yugi
Ways to get high rewards or bonus on credit card spending:
1. sign-on bonus, miles, UR or MR points, free nights and cash rewards
2. on-going rewards, points or cashback
3. spending bonus for extra points/$ or status, like spending $10,000 to get extra 20k points etc.
Cards with large spending bonus: (alphabetical)
AmEx Delta Skymiles Gold: $25,000 MQD waived for elite status
AmEx HH Ascend: $40,000 to Diamond
Barclay Aviator Red: $25,000 for $3,000 EQD
BofA Merrill +: $50,000 for additional $200 travel credit
Chase Ritz Carlton: $10,000 to renew Gold status. Subject to change from 8/1/2018
Chase United MileagePlus Explorer: $25,000 for 10,000 United miles
A lot more to list...
Cards that earn better than 1 airline mile (or points convertible 1:1 to airline miles) per dollar: (alphabetical)
Amex Blue Business Plus - 2x MRs on up to $50k per year. No AF, FTF.
Amex Blue for Business - 1.3x MRs (Another card needed in order to transfer, such as Amex ED/EDP/PRG/BGR/Plat etc). No AF, FTF. Discontinued, replaced by BBP.
Amex Business Platinum - 1.5x for charges over $5,000 up to 1M extra points ($2M spend) AF $450, no FTF. Many other perks.
Amex EveryDay - 1.2x if you make 20+ charges per cycle. No AF, FTF.
Amex EveryDay Preferred - 1.5x if you make 30+ charges per cycle. AF $95, FTF.
Bank of America Virgin Atlantic MasterCard - 1.5x VS miles, 2x if you spend $15k per year, 2.1x if you spend $25k per year. AF $90, no FTF.
Bank of America Air France KLM Mastercard - 1.5x AF miles. AF $89, no FTF.
Barclaycard Arrival Premier - 1.43x for all partners except JAL, AC (1.18x). You will get 2.14x on all partners except JAL, AC (1.76x), if you spend $15k or $25k per year. AF $150, FYF, no FTF. Discontinued.
Capital One Venture X Visa - 2x on all partners, except Accor and EVA. AF $395, no FTF, many other perks.
Capital One Spark Miles Business Visa - 2x on all partners, except Accor and EVA. AF $95, FYF, no FTF.
Capital One Venture Visa - 2x on all partners, except Accor and EVA. AF $95, FYF, no FTF.
Capital One Venture One Visa - 1.25x on all partners, except Accor and EVA. no AF, no FTF.
Capital One Spark Miles Select Business Visa - 1.5x on all partners, except Accor and EVA. No AF, no FTF.
Chase Freedom Unlimited Visa - 1.5x URs (Another card needed in order to transfer, such as CSR/CSP/Ink Plus/Ink Bold/Ink Preferred). No AF, FTF.
Chase Ink Unlimited Business Visa - 1.5x URs, Same as Freedom Unlimited
Citi Double Cash MC - 2x TYP. You need a premium Citi card, (Premier, Prestige or Chairman) to transfer to partners other than JetBlue at 1:1 ratio. No AF, FTF.
Cards that earn hotel points
Amex Hilton Honors - 3x HH points, no AF, no FTF
Amex Hilton Honors Surpass - 3x HH points, AF $95, no FTF, some perks
Amex Hilton Honors Business - 3x HH points, AF $95, no FTF, some perks
Amex Hilton Honors Aspire - 3x HH points, AF $450, no FTF, lots of perks.
Amex Bonvoy - 2x Marriott points. AF $95, FYF, no FTF. Discontinued.
Amex Bonvoy Business - same as Amex Bonvoy. AF $125, no FTF.
Amex Bonvoy Brilliant - same as Amex Bonvoy. AF $450
Barclaycard Choice Privileges Visa - 2x on everything. No AF, FTF.
Barclaycard Wyndham Rewards Visa - 2x (grandfathered versions 2x on everything). AF $69/$0, FTF.
Chase Bonvoy Boundless Visa - same as Amex Bonvoy.
Chase IHG Traveler MC - 2x on everything. No AF, no FTF.
Chase IHG Premier/Premier Business MC - 3x on everything. AF $99, no FTF.
Chase Ritz-Carlton Visa Infinite - same as Amex Bonvoy. AF $450, no FTF. Discontinued, but can be obtained via PC from another Chase Bonvoy card.
FNBO Best Western Rewards Premium MC - 2x BW points. AF $59, no FTF
FNBO Best Western Rewards MC - 2x BW points. No AF, no FTF
2%+ Cashback Cards: (by % amount)
US Bank Altitude Reserve Visa - 4.5% towards travel (cashout possible), if you use Android Pay, Samsung Pay, Apple Pay or LG Pay for in-person, in-app or online purchases. AF $400, no FTF, many other perks.
Barclaycard Priceline Rewards Visa (grandfathered 2x/5x version) - 3.33% if redeemed against Priceline or travel purchases, 2% if redeemed for everything else. No AF, no FTF.
AOD CU Visa Signature - 3% on everything. No AF, no FTF. Discontinued.
Synchrony Paypal Cashback Mastercard - 3% if paid with Paypal, 2% everywhere else, no AF, FTF.
Barclaycard Arrival Premier MC - 3% if you spend exactly $15k or $25k, 2%, if you spend less than $15k. AF $150, FYF, no FTF, some perks. Discontinued.
Bank of America Travel Rewards Visa (with Platinum (Honors) Preferred Rewards) - 2.25/2.625%. No AF, no FTF.
Bank of America Premium Rewards Visa (with Platinum (Honors) Preferred Rewards) - 2.25/2.625%. AF $95, no FTF, some perks.
Bank of America Premium Rewards Elite Visa (with Platinum (Honors) Preferred Rewards) - 2.25/2.625%. AF $550, no FTF, many other perks.
USAA Limitless Cashback Rewards Visa - 2.5% (must be USAA member, with $1k direct deposit per month). no AF. Discontinued.
Alliant Cashback Visa Signature - 2.5% up to $10k per cycle, if you have $1k on your checking account. No AF, no FTF.
Barclaycard Arrival Plus MasterCard - 2.1% if you redeem for travel purchases. AF $89, no FTF. Discontinued.
Discover it Miles - 3% (first year only, 1.5% after that). No AF, no FTF.
Exactly 2% Cashback Cards: (alphabetical)
Amex Blue Business Cash - 2% on up to $50k per year. No AF, FTF.
BBVA Compass Rewards Visa - 2%, if you receive $1000 in direct deposits per month to checking account. No AF.
Blispay Visa - 2%. No AF.
Citi Double Cash MasterCard - 2%. No AF, FTF.
Capital One Spark Cash Business Visa - 2%. AF $95, FYF, no FTF.
Capital One Spark Miles Business Visa - 2% if redeemed for travel. AF $95, FYF, no FTF.
Capital One Venture Visa - 2% if you redeem for travel purchases. AF $95, FYF, no FTF.
Capital One Venture X Visa - 2% if you redeem for travel purchases. AF $395, no FTF, many other perks.
Fidelity Rewards Visa - 2%. No AF.
PenFed Power Cash Rewards Visa (with Honors Advantage) - 2%. No AF, no FTF.
PNC Premier Traveler Visa - 2% if you redeem for travel purchases. AF $85, FYF, no FTF.
State Department Federal CU Premium Cashback+ Visa - 2%, no AF, no FTF.
Synchrony Paypal Cashback MC - 2% for non-PayPal purchases, no AF, FTF.
Too many to list.
1. sign-on bonus, miles, UR or MR points, free nights and cash rewards
2. on-going rewards, points or cashback
3. spending bonus for extra points/$ or status, like spending $10,000 to get extra 20k points etc.
Cards with large spending bonus: (alphabetical)
AmEx Delta Skymiles Gold: $25,000 MQD waived for elite status
AmEx HH Ascend: $40,000 to Diamond
Barclay Aviator Red: $25,000 for $3,000 EQD
BofA Merrill +: $50,000 for additional $200 travel credit
Chase Ritz Carlton: $10,000 to renew Gold status. Subject to change from 8/1/2018
Chase United MileagePlus Explorer: $25,000 for 10,000 United miles
A lot more to list...
Cards that earn better than 1 airline mile (or points convertible 1:1 to airline miles) per dollar: (alphabetical)
Amex Blue Business Plus - 2x MRs on up to $50k per year. No AF, FTF.
Amex Blue for Business - 1.3x MRs (Another card needed in order to transfer, such as Amex ED/EDP/PRG/BGR/Plat etc). No AF, FTF. Discontinued, replaced by BBP.
Amex Business Platinum - 1.5x for charges over $5,000 up to 1M extra points ($2M spend) AF $450, no FTF. Many other perks.
Amex EveryDay - 1.2x if you make 20+ charges per cycle. No AF, FTF.
Amex EveryDay Preferred - 1.5x if you make 30+ charges per cycle. AF $95, FTF.
Bank of America Virgin Atlantic MasterCard - 1.5x VS miles, 2x if you spend $15k per year, 2.1x if you spend $25k per year. AF $90, no FTF.
Bank of America Air France KLM Mastercard - 1.5x AF miles. AF $89, no FTF.
Barclaycard Arrival Premier - 1.43x for all partners except JAL, AC (1.18x). You will get 2.14x on all partners except JAL, AC (1.76x), if you spend $15k or $25k per year. AF $150, FYF, no FTF. Discontinued.
Capital One Venture X Visa - 2x on all partners, except Accor and EVA. AF $395, no FTF, many other perks.
Capital One Spark Miles Business Visa - 2x on all partners, except Accor and EVA. AF $95, FYF, no FTF.
Capital One Venture Visa - 2x on all partners, except Accor and EVA. AF $95, FYF, no FTF.
Capital One Venture One Visa - 1.25x on all partners, except Accor and EVA. no AF, no FTF.
Capital One Spark Miles Select Business Visa - 1.5x on all partners, except Accor and EVA. No AF, no FTF.
Chase Freedom Unlimited Visa - 1.5x URs (Another card needed in order to transfer, such as CSR/CSP/Ink Plus/Ink Bold/Ink Preferred). No AF, FTF.
Chase Ink Unlimited Business Visa - 1.5x URs, Same as Freedom Unlimited
Citi Double Cash MC - 2x TYP. You need a premium Citi card, (Premier, Prestige or Chairman) to transfer to partners other than JetBlue at 1:1 ratio. No AF, FTF.
Cards that earn hotel points
Amex Hilton Honors - 3x HH points, no AF, no FTF
Amex Hilton Honors Surpass - 3x HH points, AF $95, no FTF, some perks
Amex Hilton Honors Business - 3x HH points, AF $95, no FTF, some perks
Amex Hilton Honors Aspire - 3x HH points, AF $450, no FTF, lots of perks.
Amex Bonvoy - 2x Marriott points. AF $95, FYF, no FTF. Discontinued.
Amex Bonvoy Business - same as Amex Bonvoy. AF $125, no FTF.
Amex Bonvoy Brilliant - same as Amex Bonvoy. AF $450
Barclaycard Choice Privileges Visa - 2x on everything. No AF, FTF.
Barclaycard Wyndham Rewards Visa - 2x (grandfathered versions 2x on everything). AF $69/$0, FTF.
Chase Bonvoy Boundless Visa - same as Amex Bonvoy.
Chase IHG Traveler MC - 2x on everything. No AF, no FTF.
Chase IHG Premier/Premier Business MC - 3x on everything. AF $99, no FTF.
Chase Ritz-Carlton Visa Infinite - same as Amex Bonvoy. AF $450, no FTF. Discontinued, but can be obtained via PC from another Chase Bonvoy card.
FNBO Best Western Rewards Premium MC - 2x BW points. AF $59, no FTF
FNBO Best Western Rewards MC - 2x BW points. No AF, no FTF
2%+ Cashback Cards: (by % amount)
US Bank Altitude Reserve Visa - 4.5% towards travel (cashout possible), if you use Android Pay, Samsung Pay, Apple Pay or LG Pay for in-person, in-app or online purchases. AF $400, no FTF, many other perks.
Barclaycard Priceline Rewards Visa (grandfathered 2x/5x version) - 3.33% if redeemed against Priceline or travel purchases, 2% if redeemed for everything else. No AF, no FTF.
AOD CU Visa Signature - 3% on everything. No AF, no FTF. Discontinued.
Synchrony Paypal Cashback Mastercard - 3% if paid with Paypal, 2% everywhere else, no AF, FTF.
Barclaycard Arrival Premier MC - 3% if you spend exactly $15k or $25k, 2%, if you spend less than $15k. AF $150, FYF, no FTF, some perks. Discontinued.
Bank of America Travel Rewards Visa (with Platinum (Honors) Preferred Rewards) - 2.25/2.625%. No AF, no FTF.
Bank of America Premium Rewards Visa (with Platinum (Honors) Preferred Rewards) - 2.25/2.625%. AF $95, no FTF, some perks.
Bank of America Premium Rewards Elite Visa (with Platinum (Honors) Preferred Rewards) - 2.25/2.625%. AF $550, no FTF, many other perks.
USAA Limitless Cashback Rewards Visa - 2.5% (must be USAA member, with $1k direct deposit per month). no AF. Discontinued.
Alliant Cashback Visa Signature - 2.5% up to $10k per cycle, if you have $1k on your checking account. No AF, no FTF.
Barclaycard Arrival Plus MasterCard - 2.1% if you redeem for travel purchases. AF $89, no FTF. Discontinued.
Discover it Miles - 3% (first year only, 1.5% after that). No AF, no FTF.
Exactly 2% Cashback Cards: (alphabetical)
Amex Blue Business Cash - 2% on up to $50k per year. No AF, FTF.
BBVA Compass Rewards Visa - 2%, if you receive $1000 in direct deposits per month to checking account. No AF.
Blispay Visa - 2%. No AF.
Citi Double Cash MasterCard - 2%. No AF, FTF.
Capital One Spark Cash Business Visa - 2%. AF $95, FYF, no FTF.
Capital One Spark Miles Business Visa - 2% if redeemed for travel. AF $95, FYF, no FTF.
Capital One Venture Visa - 2% if you redeem for travel purchases. AF $95, FYF, no FTF.
Capital One Venture X Visa - 2% if you redeem for travel purchases. AF $395, no FTF, many other perks.
Fidelity Rewards Visa - 2%. No AF.
PenFed Power Cash Rewards Visa (with Honors Advantage) - 2%. No AF, no FTF.
PNC Premier Traveler Visa - 2% if you redeem for travel purchases. AF $85, FYF, no FTF.
State Department Federal CU Premium Cashback+ Visa - 2%, no AF, no FTF.
Synchrony Paypal Cashback MC - 2% for non-PayPal purchases, no AF, FTF.
Too many to list.
Which card(s) to use for high spend or large purchases? [Consolidated]
Sep 11, 2015, 4:47 am
#151
Join Date: Dec 2009
Programs: Curr Noob, Ex Road Warrior
Posts: 492
Piggybacking on tdon post I am in a similar boat and looking for advise. I currently have SPG Amex and Chase Ink Bold where I put all my business spend roughly $50k a month.
1) I like to travel and vacation in nice hotels.
2) Since it is business spend, I cant split it on multiple cards as my accountant will go crazy if I keep changing cards. So want to stick to 2-3 cards at most.
3) Can't do Apporama for the same reason as 2.
4) Lost all top tier statuses as I dont travel much for work any more. Now only make 2-4 trips a year for business or vacation. So cards with spend based status are definitely attractive.
5) I do EFT to deposit payroll taxes each month. Anything that can get points for it?
Considered citi hilton reserve as it would get me diamond status and probably a week of hotel stay for one month spend. Is SPG Amex and Ink Bold the best I can do or is there anything else that can maximize the value? Thanks in Advance.
1) I like to travel and vacation in nice hotels.
2) Since it is business spend, I cant split it on multiple cards as my accountant will go crazy if I keep changing cards. So want to stick to 2-3 cards at most.
3) Can't do Apporama for the same reason as 2.
4) Lost all top tier statuses as I dont travel much for work any more. Now only make 2-4 trips a year for business or vacation. So cards with spend based status are definitely attractive.
5) I do EFT to deposit payroll taxes each month. Anything that can get points for it?
Considered citi hilton reserve as it would get me diamond status and probably a week of hotel stay for one month spend. Is SPG Amex and Ink Bold the best I can do or is there anything else that can maximize the value? Thanks in Advance.
Oct 3, 2015, 5:54 pm
#152
Join Date: Feb 2010
Location: Dallas
Programs: AA Plat, Hilton Diamond, Starwood Gold
Posts: 129
best credit card for Lufthansa and Air France
I have been tied to One World too long- have AA Citi and BA Chase credit cards. Ready to use start accumulating credit card points to redeem 1st class flights on both Lufthansa and Air France, any recommendations?
Oct 15, 2015, 6:15 pm
#153
Join Date: Oct 2015
Posts: 3
How to use $100k in spend
All,
Been a long time follower of the forums. I have a wonderful problem I could use some help with. I am starting a new business venture where I expect to have the ability to run $100k through credit cards in a 3 month period. I might actually be able to get away with as much as $150 - $200k on CC, but to be safe, I want to build a plan on how to maximize spend of $100k.
I am trying to figure out how best to spend this money across credit cards, and new cc sign ups to maximize the amount of rewards racked up.
Thoughts?
Been a long time follower of the forums. I have a wonderful problem I could use some help with. I am starting a new business venture where I expect to have the ability to run $100k through credit cards in a 3 month period. I might actually be able to get away with as much as $150 - $200k on CC, but to be safe, I want to build a plan on how to maximize spend of $100k.
I am trying to figure out how best to spend this money across credit cards, and new cc sign ups to maximize the amount of rewards racked up.
Thoughts?
Oct 15, 2015, 6:59 pm
#154
Join Date: Nov 2012
Location: SFO
Posts: 1,746
How to use $100k in spend
Without details on the kind of spend there's limited advice to give. Pick a card with a good bonus like American Express Platinum if you qualify for a 100k offer, or Citi AA Executive MasterCard for 75k miles... offers are all covered in the forums pretty clearly. Category bonuses excluded I tend to like ultimate rewards points but member rewards have good partners, too. Again, all very well covered. Do you have a more specific question?
Oct 15, 2015, 7:09 pm
#155
Join Date: Oct 2015
Posts: 3
I guess my question is which route I should go to help get the most points.
As an example, AA Citi for 75k points for $3k spend, then get a business AA citi with 30k points for $5k spend. Getting these two cards might tap me out with Citi.
Then use the starwoods personal card for 50k for $3k spend, then get the business one for 25k points for $5k spend. Then transfer the 75k points at a 1 to 1 to AA and get a 15k bonus. Since these are both AMEX cards, if this rules me out from getting another AMEX card, is this the best option.
Then if these 4 cards are the best options to start with, it could feasibly get me 195,000 point on AA using $16k in spend.
That would still leave me $84k in spend. I also don't know how realistic it is for me to be able to qualify for 12 - 15 new cards all at once.
Just trying to figure out the best option for signup bonus, minimum spends and possible points transfers while keeping in mind card issuers.
As an example, AA Citi for 75k points for $3k spend, then get a business AA citi with 30k points for $5k spend. Getting these two cards might tap me out with Citi.
Then use the starwoods personal card for 50k for $3k spend, then get the business one for 25k points for $5k spend. Then transfer the 75k points at a 1 to 1 to AA and get a 15k bonus. Since these are both AMEX cards, if this rules me out from getting another AMEX card, is this the best option.
Then if these 4 cards are the best options to start with, it could feasibly get me 195,000 point on AA using $16k in spend.
That would still leave me $84k in spend. I also don't know how realistic it is for me to be able to qualify for 12 - 15 new cards all at once.
Just trying to figure out the best option for signup bonus, minimum spends and possible points transfers while keeping in mind card issuers.
Oct 15, 2015, 7:19 pm
#156
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,539
You are going at it the wrong way. The first thing you should do is set some clear goals about what you want - miles, hotel points and or cash back. If your goal is miles and points, then get clear about which programs you want to accumulate in. If you don't have clear travel goals, then you should go for maximizing cash back.
With an $100K spend you can easily amass lots of miles and points. But if you don't have clear goals then you can easily waste a bunch of credit card applications and end up with a pile of miles and points you can't use.
With an $100K spend you can easily amass lots of miles and points. But if you don't have clear goals then you can easily waste a bunch of credit card applications and end up with a pile of miles and points you can't use.
Oct 15, 2015, 7:29 pm
#157
Join Date: Oct 2015
Posts: 3
Hi OntheGo15 - thanks for the reply and a good point.
Ideally it would be to get as many miles on American Airlines as possible.
Then for hotels it would be Hilton & IHG.
If I max out the options on getting points there with signup bonuses, I would look at another airline like Alaska or United, or BA.
Ideally it would be to get as many miles on American Airlines as possible.
Then for hotels it would be Hilton & IHG.
If I max out the options on getting points there with signup bonuses, I would look at another airline like Alaska or United, or BA.
Oct 15, 2015, 7:58 pm
#158
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,539
Hi OntheGo15 - thanks for the reply and a good point.
Ideally it would be to get as many miles on American Airlines as possible.
Then for hotels it would be Hilton & IHG.
If I max out the options on getting points there with signup bonuses, I would look at another airline like Alaska or United, or BA.
Ideally it would be to get as many miles on American Airlines as possible.
Then for hotels it would be Hilton & IHG.
If I max out the options on getting points there with signup bonuses, I would look at another airline like Alaska or United, or BA.
Similarly there are good threads in the AMEX forum which will guide you as to how many AMEX cards and how fast. If you are patient and have a long term view, you can easily acquire hundreds of thousands of miles.
The IHG card is from Chase, so that would be a good card for you to get.
Oct 15, 2015, 10:20 pm
#159
Join Date: Apr 2012
Posts: 232
all of this is meaningless without knowing your credit history or even FICO score. we can recommend tons of primo cards but theres no point if you'll never get approved due to having a short or non-existent credit history.
if you're just starting out or dont have high dbl digit CLs, forget doing $100k spend in 3mo. its gonna be a huge red flag, and you'll back in the forums posting 'Chase/Citi shut me down or AMEX FRd me - what do I do now?' etc. if you dunno what any of what I just said means, thats a good clue for you to go start reading and searching. remember this is a marathon not a sprint.
if you have a legit business, and good personal credit history, try applying for business cards. specifically AMEX business charge cards who maybe more tolerant of 6 digit charges in a short amount of time.
if you dont have much of a credit history or business credit history -- well start building one before even dreaming about the primo cards. start by getting basic cards if you bank with a major FI. otherwise get some sort of credit/loan from your CU or try secured loans/CC. also in the meanwhile you'll want to read, read and read a LOT. no one ever got good at this game after a day on FT. for most ppl to grasp the basics it takes a solid 6mo of reading all the various forums and resources that interest you. reading and researching (google is your best friend) to find other places/communities where all the basic questions you have as a noob have been spelled out in detail and might even be frequently updated.
you'll want to have a grasp of things such as Citi's 8/65 personal and 95 for business cards rule. you'll want to familiarize yourself with Chase's 5/24 rule and how you should space out apps and prioritize UR earning cards. you wanna know abt BoA's 2 card rule and AMEXs rules. you'll want to learn abt how long to wait until denials, which banks are more/less risk averse, which banks can you push things with (spend, apps, juggling different things around)... there's so much to learn that NO ONE here can give you a concise one post solution to your situation.
there are lots of variables and nuances to the game. coming here simply saying I got $100k to spend, which card should I get is a bad way to approach this game. go learn the game first and see where you fit in. some ppl do $100k a yr, some do $100k a wk here. but if you're brand new to this world, figure out where you fit in before you jump so far down the rabbithole that you dunno how to climb back up.
if you're just starting out or dont have high dbl digit CLs, forget doing $100k spend in 3mo. its gonna be a huge red flag, and you'll back in the forums posting 'Chase/Citi shut me down or AMEX FRd me - what do I do now?' etc. if you dunno what any of what I just said means, thats a good clue for you to go start reading and searching. remember this is a marathon not a sprint.
if you have a legit business, and good personal credit history, try applying for business cards. specifically AMEX business charge cards who maybe more tolerant of 6 digit charges in a short amount of time.
if you dont have much of a credit history or business credit history -- well start building one before even dreaming about the primo cards. start by getting basic cards if you bank with a major FI. otherwise get some sort of credit/loan from your CU or try secured loans/CC. also in the meanwhile you'll want to read, read and read a LOT. no one ever got good at this game after a day on FT. for most ppl to grasp the basics it takes a solid 6mo of reading all the various forums and resources that interest you. reading and researching (google is your best friend) to find other places/communities where all the basic questions you have as a noob have been spelled out in detail and might even be frequently updated.
you'll want to have a grasp of things such as Citi's 8/65 personal and 95 for business cards rule. you'll want to familiarize yourself with Chase's 5/24 rule and how you should space out apps and prioritize UR earning cards. you wanna know abt BoA's 2 card rule and AMEXs rules. you'll want to learn abt how long to wait until denials, which banks are more/less risk averse, which banks can you push things with (spend, apps, juggling different things around)... there's so much to learn that NO ONE here can give you a concise one post solution to your situation.
there are lots of variables and nuances to the game. coming here simply saying I got $100k to spend, which card should I get is a bad way to approach this game. go learn the game first and see where you fit in. some ppl do $100k a yr, some do $100k a wk here. but if you're brand new to this world, figure out where you fit in before you jump so far down the rabbithole that you dunno how to climb back up.
Oct 24, 2015, 10:26 pm
#160
Join Date: Dec 2010
Posts: 1,860
6k Appliance Purchase for new home build
Team,
Thrilled to build a home and have a legit reason to spend 5800 in a store. Although with all of my cards I am debating which card to use given purchase protections, incentives, etc. First off, I have these options for places to buy from;
-Home Depot, Lowes, Best Buy, Costco
I cannot make any drastic moves with my credit like open new lines up.
I have these credit cards;
Amex Plat. Biz - only 1 MR/$. Good protections.
Citi 2% Visa CB - 2% CB is great. I have a high credit limit on this card.
FIA 2% Amex CB - 2% CB is great, but my limit is only $3500
Citi AA Exec. Mastercard - Premium card so it should have similar benefits as amex plat, but also 1 mile/$
SPG Personal Amex - nothing special about this. 1 SPG point per dollar spent
Chase Ink Visa - No office supply stores here. Unless I bought Home Depot gift cards at Office Max or something.
Chase Marriott Visa - Nothing special here.
Chase Hyatt Visa - Nothing special here.
Chase IHG Visa - Nothing special here.
BOA Virgin Atlantic Card - Nothing special here?
Barclays Miles & More Mastercard - Nothing special here?
Considering my options, I am thinking of going with the Amex Platinum because I figure I can't go wrong with their protections. I was also thinking of the FIA 2% card on $3500 of appliances, and then the remaining on the Citi 2% CB card.
What card would you consider putting it on? Would you also make the additional effort of buying gift cards from reseller sites, to get an additional 7%~ off?
Thrilled to build a home and have a legit reason to spend 5800 in a store. Although with all of my cards I am debating which card to use given purchase protections, incentives, etc. First off, I have these options for places to buy from;
-Home Depot, Lowes, Best Buy, Costco
I cannot make any drastic moves with my credit like open new lines up.
I have these credit cards;
Amex Plat. Biz - only 1 MR/$. Good protections.
Citi 2% Visa CB - 2% CB is great. I have a high credit limit on this card.
FIA 2% Amex CB - 2% CB is great, but my limit is only $3500
Citi AA Exec. Mastercard - Premium card so it should have similar benefits as amex plat, but also 1 mile/$
SPG Personal Amex - nothing special about this. 1 SPG point per dollar spent
Chase Ink Visa - No office supply stores here. Unless I bought Home Depot gift cards at Office Max or something.
Chase Marriott Visa - Nothing special here.
Chase Hyatt Visa - Nothing special here.
Chase IHG Visa - Nothing special here.
BOA Virgin Atlantic Card - Nothing special here?
Barclays Miles & More Mastercard - Nothing special here?
Considering my options, I am thinking of going with the Amex Platinum because I figure I can't go wrong with their protections. I was also thinking of the FIA 2% card on $3500 of appliances, and then the remaining on the Citi 2% CB card.
What card would you consider putting it on? Would you also make the additional effort of buying gift cards from reseller sites, to get an additional 7%~ off?
Oct 24, 2015, 11:18 pm
#161
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
You are correct that AMEX Platinum has the most extensive protection in your case. However, the protection is not carte blanche.
I am not sure what you are buying. So it is difficult to say if this is the right move.
You should read the AMEX policy before buying.
I am not sure what you are buying. So it is difficult to say if this is the right move.
You should read the AMEX policy before buying.
Oct 25, 2015, 6:09 am
#163
Join Date: Mar 2014
Location: Florida
Posts: 274
SPG probably will give you the best return points wise. Platinum has the best purchase protection.
Is this a personal or business expense? If personal, you may not want to co mingle your personal expenses on your business platinum, assuming you use that for your business.
Is this a personal or business expense? If personal, you may not want to co mingle your personal expenses on your business platinum, assuming you use that for your business.
Oct 25, 2015, 7:17 am
#164
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Business Platinum: https://web.aexp-static.com/us/conte...W-DOC-OSBN.pdf
Starwood: https://web.aexp-static.com/us/conte...W-DOC-CCSG.pdf
Oct 31, 2015, 8:45 pm
#165
Join Date: Oct 2015
Location: Austin, TX
Posts: 2
Big Spending Soon. What's the Best Card to Open?
Hi! I'm looking for advice. I'll be doing some big spending in the next couple months and want to maximize on travel rewards while doing so. The only limit is the card CANNOT be a Visa. Which travel rewards cards would you suggest and why?
Credit score ~800, spending over 20K.
I'd greatly appreciate your input. My husband and I will put points toward our first trip to Europe. We've got a 1-yr old and are in need of a nice vacay away
.
Credit score ~800, spending over 20K.
I'd greatly appreciate your input. My husband and I will put points toward our first trip to Europe. We've got a 1-yr old and are in need of a nice vacay away
.