Finally hit by RR devaluation
Aug 19, 2019, 8:12 am
#31
FlyerTalk Evangelist
Join Date: Nov 2000
Location: Nashville -Past DL Plat, FO, WN-CP, various hotel programs
Programs: DL-MM, AA, SW w/companion,HiltonDiamond, Hyatt PLat, IHF Plat, Miles and Points Seeker
Posts: 11,072
Side note - I have some travel funds that have been applied to multiple tickets and then back into Travel Funds. My notes are getting complicated - LOL!
Aug 19, 2019, 8:59 am
#32
Join Date: Jan 2005
Programs: UA GOLD MM,WN CP A+list, HH Gold,MR LT Titanium
Posts: 2,184
I just applied for the RR credit card in anticipation of a big non-travel expense ($5000). So, I will get the 40K sign up bonus. However, I am now having second thoughts on where to charge the expense (merchant can't split the charges to multiple cards) as the valuation is not so great, it seems.
- Citi Costco Card gets me $50 back
- AMEX MR gets me 5000 MR points (I have no time to get a new card or force the 20% bonus with 20 charges on my Everyday card)
- RR card gets me 5000 points + the sign up bonus although I can achieve the sign up bonus through other means since $1000 for 3 months is not terribly hard to do.
I don't have the immediate need to use the miles / points.
Thoughts? If we determine I have applied the card prematurely, would I be able to call Chase and close it (as if I have never applied so I can get the bonus some other time)?
Thanks.
- Citi Costco Card gets me $50 back
- AMEX MR gets me 5000 MR points (I have no time to get a new card or force the 20% bonus with 20 charges on my Everyday card)
- RR card gets me 5000 points + the sign up bonus although I can achieve the sign up bonus through other means since $1000 for 3 months is not terribly hard to do.
I don't have the immediate need to use the miles / points.
Thoughts? If we determine I have applied the card prematurely, would I be able to call Chase and close it (as if I have never applied so I can get the bonus some other time)?
Thanks.
Sorry- I misread your post stating 5000 non-travel spending
Aug 19, 2019, 8:26 pm
#33
Join Date: Feb 2009
Posts: 6,602
I just applied for the RR credit card in anticipation of a big non-travel expense ($5000). So, I will get the 40K sign up bonus. However, I am now having second thoughts on where to charge the expense (merchant can't split the charges to multiple cards) as the valuation is not so great, it seems.
- Citi Costco Card gets me $50 back
- AMEX MR gets me 5000 MR points (I have no time to get a new card or force the 20% bonus with 20 charges on my Everyday card)
- RR card gets me 5000 points + the sign up bonus although I can achieve the sign up bonus through other means since $1000 for 3 months is not terribly hard to do.
I don't have the immediate need to use the miles / points.
Thoughts? If we determine I have applied the card prematurely, would I be able to call Chase and close it (as if I have never applied so I can get the bonus some other time)?
Thanks.
- Citi Costco Card gets me $50 back
- AMEX MR gets me 5000 MR points (I have no time to get a new card or force the 20% bonus with 20 charges on my Everyday card)
- RR card gets me 5000 points + the sign up bonus although I can achieve the sign up bonus through other means since $1000 for 3 months is not terribly hard to do.
I don't have the immediate need to use the miles / points.
Thoughts? If we determine I have applied the card prematurely, would I be able to call Chase and close it (as if I have never applied so I can get the bonus some other time)?
Thanks.
Aug 19, 2019, 9:07 pm
#34
FlyerTalk Evangelist
Join Date: May 2001
Posts: 10,965
Thanks to all the replies. I guess I will charge to the WN card it is (don't have a business so not sure if I can apply for the business card).
I am UA 1K now (where there is no fees for award changes or cancellations) but between losing 1K status next year and UA's drastic devaluation of MileagePlus miles, I figure I move my short haul flying to WN once I lose my UA 1K on 2/1. I used to fly WN a lot but moved away when RR 2.0 came out. Now everyone is going that way....
I am UA 1K now (where there is no fees for award changes or cancellations) but between losing 1K status next year and UA's drastic devaluation of MileagePlus miles, I figure I move my short haul flying to WN once I lose my UA 1K on 2/1. I used to fly WN a lot but moved away when RR 2.0 came out. Now everyone is going that way....
Aug 19, 2019, 9:48 pm
#35
Join Date: Feb 2009
Posts: 6,602
You can and it's a very simple process at Chase, basically if your personal credit is good you are almost guaranteed to be approved for the business card even if you don't have a business
Aug 20, 2019, 7:41 am
#36
Join Date: May 2002
Programs: WN F9 HA UA AA IHG HH MR
Posts: 3,305
What do you put on the applications?
Aug 20, 2019, 9:59 am
#37
FlyerTalk Evangelist
Join Date: Nov 2000
Location: Nashville -Past DL Plat, FO, WN-CP, various hotel programs
Programs: DL-MM, AA, SW w/companion,HiltonDiamond, Hyatt PLat, IHF Plat, Miles and Points Seeker
Posts: 11,072
I have done maybe a dozen or more business cards over the past 5 or so years. Sometimes they ask questions, sometimes not. I just rattle off some numbers if they ask. Nobody has ever asked me for details like bills, ownership papers, etc. I have seen where a few people have gotten pushed on that Maybe they had something else in their credit history that made the bank nervous. Worse case - you are right back where you were, without that card. Not like they are gonna send you to jail - LOL!
Aug 20, 2019, 11:37 am
#38
Join Date: Feb 2009
Posts: 6,602
I have done maybe a dozen or more business cards over the past 5 or so years. Sometimes they ask questions, sometimes not. I just rattle off some numbers if they ask. Nobody has ever asked me for details like bills, ownership papers, etc. I have seen where a few people have gotten pushed on that Maybe they had something else in their credit history that made the bank nervous. Worse case - you are right back where you were, without that card. Not like they are gonna send you to jail - LOL!
When I use my real business they asked questions but it was always a short approval process
For my wife we used her name as the business name, zero ( or as close as possible to zero) for years in business , income as low as possible.................never had to call
I will be under 5/24 later this year and even though I have a INK card that has been open for years I may apply using my name as a new business as I plan on applying for a bunch of business cards in 2020 and that route seems like a easier path