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Originally Posted by TravelMutt
(Post 16828021)
With that said, I've already gone overboard (in my own eyes). I kept reading and reading, and couldn't resist. I applied for both AA cards for both my wife and I. $4k and $1500 minimum spends in 6 months. That is all I'm doing for the next year. |
they do
Originally Posted by swat16
(Post 16833522)
Famous last words. I say that after each new card I apply for. Since Jan 1 between my wife and I we have earned 1,075,000 miles!! I won't say that I'm taking a break on cards any longer. Now I have trips booked out the next year. I wish someone would come out with a card that offers vacation time off from work!! I need that to use up my miles!
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I've also been lurking on FT for quite some time and have tried to figure something out for myself. Time to truly participate!
I'm a college student and want to start this early... I have fair-good credit and already have a few credit cards (not cosigned). Do you think starting at such a young age is recommended? |
Not in Looking-glass World. Your intuition does not work in this whimsical world where running up debt makes you more creditworthy and having no debt makes you a pariah.
Use a service like creditkarma.com to see how you look through the looking-glass.:p
Originally Posted by koopas
(Post 16830408)
-Isn't this business of applying and cancelling cards detrimental to one's credit?
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Only if you repeat the mantra "Never borrow money unless you make money!"
Tatoo it into your memory.
Originally Posted by macrophage
(Post 16833968)
Do you think starting at such a young age is recommended?
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Work 4-40's and take long weekends. Then you can take the wife to dinner in Paris.
Originally Posted by swat16
(Post 16833522)
Famous last words. I say that after each new card I apply for. Since Jan 1 between my wife and I we have earned 1,075,000 miles!! I won't say that I'm taking a break on cards any longer. Now I have trips booked out the next year. I wish someone would come out with a card that offers vacation time off from work!! I need that to use up my miles!
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Originally Posted by macrophage
(Post 16833968)
I've also been lurking on FT for quite some time and have tried to figure something out for myself. Time to truly participate!...Do you think starting at such a young age is recommended?
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Originally Posted by AlohaDaveKennedy
(Post 16833979)
Only if you repeat the mantra "Never borrow money unless you make money!"
Tatoo it into your memory.
Originally Posted by muji
(Post 16834123)
Well, welcome to FlyerTalk. You are at a good age to start earning and amassing miles and points. Take an organized approach, find lots of tips and advice through the various threads, and commence.
Are there any cards you would recommend I attempt to open? I currently have a Discover, Capital One (regular, no rewards), AMEX Blue Cash (old tiered one) and Chase Freedom, none of which are student cards. |
Originally Posted by FTnoob101
(Post 16827588)
I think when each one of us started, we said 75k a year would be fine LOL. Trust me, once you get into this hobby, if you don't get 75k in a month then your depressed.
Then it goes from 1-2 sign up bonuses a year to 10-15. To start off, this is what I would suggest a newbie to do IMO |
Yesterday I updated the How to Begin page of my website below, then I saw this thread. That page might be of interest to you.
As for the slow and steady part, I suggest you sign up to receive an email notice whenever I post something on my What's New page. Directions are near the top of that page. Caution! This stuff is very adictive. |
Guys... thanks for all the help.... I've pulled down the 2 AA cards, and finished the spend on the 1500 and almost half way on the other.... I have been finding myself lurking daily to see how to max my points.... thanks again all!
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Originally Posted by FTnoob101
(Post 16827588)
I think when each one of us started, we said 75k a year would be fine LOL. Trust me, once you get into this hobby, if you don't get 75k in a month then your depressed.
.. Probably in the US, because there are so many prolific offers.. What are some Canadian strategies of accumlation of miles.. I've done the CIBC Infinite and Amex Gold and Aeroplat.. Any other strategies? |
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