How much is too much?
Jun 15, 2011 | 7:17 am
#1
Original Poster
Join Date: Jul 2010
Programs: UA 1K
Posts: 166
How much is too much?
My credit score is 800, my wife's is about 725. Just bought a house that we will be in for a long time, and we won't be buying a car for a long time.
How often can I jump on some of these miles deals if I am not worried about my credit score being negatively affected? Give me some insight from the pros!
FWIW, I solely fly United and prefer to earn miles for them. But I would be interested in earning on a couple hotels and for more everyday things like gift certificates as well.
Thanks!
How often can I jump on some of these miles deals if I am not worried about my credit score being negatively affected? Give me some insight from the pros!
FWIW, I solely fly United and prefer to earn miles for them. But I would be interested in earning on a couple hotels and for more everyday things like gift certificates as well.
Thanks!
Jun 15, 2011 | 7:19 am
#3
Suspended
Join Date: May 2010
Posts: 2,998
My credit score is 800, my wife's is about 725. Just bought a house that we will be in for a long time, and we won't be buying a car for a long time.
How often can I jump on some of these miles deals if I am not worried about my credit score being negatively affected? Give me some insight from the pros!
How often can I jump on some of these miles deals if I am not worried about my credit score being negatively affected? Give me some insight from the pros!
Jun 15, 2011 | 7:24 am
#4
Original Poster
Join Date: Jul 2010
Programs: UA 1K
Posts: 166
Thanks for the replies. I assume the 6 cards per month would be [I]per person[I] and maybe even per business (I run my own from home)?
So that would be 18 cards per 6 months which would be plenty to keep me busy for a while
So that would be 18 cards per 6 months which would be plenty to keep me busy for a while
Jun 15, 2011 | 7:29 am
#5
Join Date: Apr 2011
Posts: 2,071
The business cards will still pull your credit report, so a total of 12 cards between you and your wife every six months. Although multiple pulls in a single day (e.g. the two Citi AA Personal cards) may only count as one pull, depending. Just watch which bureau they pull.
Jun 15, 2011 | 7:33 am
#6
formerly known as Frugal Travel Guy
Join Date: Jul 2001
Location: Greenville, SC
Programs: UA Gold, HH Gold, SPG Gold, Marriott Silver, Hyatt Platinum
Posts: 1,925
I typically try for 6-9 cards every 90 days applying for all the cards on the same day so the inquiries are not evident to thie competition
Jun 15, 2011 | 1:26 pm
#8
Join Date: Feb 2011
Programs: DL DM Hub Captive, Marriott Plat, Hilton Diamond, PC Plat, and other stuff.
Posts: 905
One of the best investments you can make if you're serious about accumulating travel rewards is to buy ingy's book on Amazon. Search for thefrugaltravelguy, and you'll find it. You'll learn tons, and it will save you lots of time in deciphering a lot of the concepts here on FT. Plus, profits go to a very worthy cause. Highly recommended.
Jun 15, 2011 | 2:12 pm
#9
In Memoriam
Join Date: May 2001
Location: Southern California
Programs: Hertz 5 star, Priceline Hotel bidder. AA PLT, 1MM.
Posts: 2,910
Buying a house, there may be 2 or 3 pulls from each bureau. (Experian, Transunion, Equifax) (or alot more pulls if one uses sites such as Lendingtree, etc).
One pull (each bureau) from the mortgage broker. (if used)
One pull (each bureau)from the lender.
Possibly a final pull either from the lender or PMI mortgage.
I always had 2 pulls when I got mortgages on my rental properties. (2006 & 2008).
One pull (each bureau) from the mortgage broker. (if used)
One pull (each bureau)from the lender.
Possibly a final pull either from the lender or PMI mortgage.
I always had 2 pulls when I got mortgages on my rental properties. (2006 & 2008).