CFW incentives improved overnight

[VGCgroupie]

Ok am I dumb, you get the Disney visa discount even if you don’t use that card to purchase?

Yep

 

[VGCgroupie]

In case anyone doesnt already have a Spark Biz card and was planning on that, just know that CapOne is very picky/stingy with their business cards. So have a back up plan.

 

[stat]

In case anyone doesnt already have a Spark Biz card and was planning on that, just know that CapOne is very picky/stingy with their business cards. So have a back up plan.

Also they stuck my wife with a measly $5,000 credit limit and took 2 weeks to get the card to me. Will make hitting the limit more interesting but we'll get it done.

Also is it against the board rules to offer to send referral links via DM?

 

[VGCgroupie]

Also they stuck my wife with a measly $5,000 credit limit and took 2 weeks to get the card to me. Will make hitting the limit more interesting but we'll get it done.

Yeah this is what I meant by stingy. Low limits on biz cards often and also picky, I closed out my Spark card after 7 years when they requested business proof and I didnt feel like messing around with it, it had only a 2500 limit lol, but then I applied and I got a personal Venture card and they gave me a 30k limit

Also is it against the board rules to offer to send referral links via DM?

I think so

 

[jolynne28]

Yeah this is what I meant by stingy. Low limits on biz cards often and also picky, I closed out my Spark card after 7 years when they requested business proof and I didnt feel like messing around with it, it had only a 2500 limit lol, but then I applied and I got a personal Venture card and they gave me a 30k limit

I think so

Thanks for this info. Is there another card you recommend to max out the benefits for a direct purchase?

 

[Sandisw]

Also they stuck my wife with a measly $5,000 credit limit and took 2 weeks to get the card to me. Will make hitting the limit more interesting but we'll get it done.

Also is it against the board rules to offer to send referral links via DM?

Yes

 

[VGCgroupie]

Thanks for this info. Is there another card you recommend to max out the benefits for a direct purchase?

Amex Business Gold and Platinum both have the highest sign up bonuses but are point based and have high annual fees, you can make the annual fee a wash but you have to "work" for it by redeeming certain offers.
Another business card option is Chase Ink Preferred, low AF 3x earn on direct DVC purchases. Also point based bonuses.
CapOne Venture personal cards have low annual fees and earn 2x and often have good sign up bonuses.

 

[VGCgroupie]

Amex Business Gold and Platinum both have the highest sign up bonuses but are point based and have high annual fees, you can make the annual fee a wash but you have to "work" for it by redeeming certain offers.
Another business card option is Chase Ink Preferred, low AF 3x earn on direct DVC purchases. Also point based bonuses.
CapOne Venture personal cards have low annual fees and earn 2x and often have good sign up bonuses.

Higher offer on this page than on the Capone site. https://travel-on-points.com/capita...1T9AYU8aeUCSlgvCeg_aem_gVDQcdR2Bb0ZUnYEAKfDnQ

 

[5onadime]

please explain how having a spark business card nets an extra 2500 off

 

[VGCgroupie]

please explain how having a spark business card nets an extra 2500 off

There’s usually a sign up bonus for new accounts for spending a lot of money in a certain amount of time and then it also earns 2% on all purchases.

 

[SugarSweetLee]

please explain how having a spark business card nets an extra 2500 off

Previous post in thread:

Pair it with a nice credit card like the Spark Business card and you can lower it another $2,500! (2% cash back on the $25k + $2,000 sign up bonus).

 

[AstroBlasters]

In case anyone doesnt already have a Spark Biz card and was planning on that, just know that CapOne is very picky/stingy with their business cards. So have a back up plan.

I don’t think it’s very common for people to be able to get business cards…. It also might be an issue to be putting personal expenses on a business card….

 

[VGCgroupie]

I don’t think it’s very common for people to be able to get business cards…. It also might be an issue to be putting personal expenses on a business card….

It’s very common. But not all people like applying for them since the app does have business questions.

 

[AstroBlasters]

It’s very common. But not all people like applying for them since the app does have business questions.

We must have different definitions of common.

“Generally, anyone who has a business can apply for a business credit card. This includes freelancers, independent contractors, self-employed business owners and gig workers.”

So, according to ChatGPT… that’s 36% of the population.

Then, they have to have a credit score above 700. That will lower the sample size.

IMO, that would shrink the sample size to below the threshold for “common”…

 

[VGCgroupie]

We must have very different definitions of common.

There’s a whole hoard of people on these boards that do it https://www.disboards.com/threads/i...r-addl-details.3959667/page-241#post-66313502
as well as thousands of people on FB groups. Multiple credit card blogs that promote it. It’s very common. Has been for at least 18 years (when I got my 1st business card)

 

[AstroBlasters]

There’s a whole hoard of people on these boards that do it https://www.disboards.com/threads/i...r-addl-details.3959667/page-241#post-66313502
as well as thousands of people on FB groups. Multiple credit card blogs that promote it. It’s very common. Has been for at least 18 years (when I got my 1st business card)

20% of the population would be a “whole hoard” of people…. but it still means that it doesn’t apply to the overwhelming majority of people

 

[Brian Noble]

It also might be an issue to be putting personal expenses on a business card….

It’s very common. But not all people like applying for them since the app does have business questions.

I decided not to go that route. I have what is easily a qualified credit score and an actual Schedule C business, with income and everything, though it is somewhat irregular. Some years are boom years, others are more bust. But, the application includes an attestation that I would only use the for business expenses, and I did not want to do that knowing I would be getting it primarily to put personal travel on it.

I'm weird.

As for common: One of my key rules of thumb is that a special topic discussion group is probably not representative of most people, wtih the DVC Disboards as the exemplar.

 

[airjay75]

Yeah, I've had co-workers tell me, just sell something on eBay, and, boom, you have a business that qualifies you for a business credit card. Ok, I guess I could do that, but I really don't have what I would call a business. I think plenty of people get comfortable getting business credit cards on relatively "thin" business explanations, and if the credit card companies really cared, they would require more verification. I don't think most of them care from what I've heard. But, I've always just felt that I don't actually have a personal business, so I'm not going to do it. I'll just make do with non-business credit cards.

 

[VGCgroupie]

Yeah, I've had co-workers tell me, just sell something on eBay, and, boom, you have a business that qualifies you for a business credit card. Ok, I guess I could do that, but I really don't have what I would call a business. I think plenty of people get comfortable getting business credit cards on relatively "thin" business explanations, and if the credit card companies really cared, they would require more verification. I don't think most of them care from what I've heard. But, I've always just felt that I don't actually have a personal business, so I'm not going to do it. I'll just make do with non-business credit cards.

Do I have a business? Yes. Do I put spend on my cards that’s personal? Yes. Would I tell Amex that my DVC was for business purposes if they asked? Yes. After all many people have a business renting out DVC

 

[airjay75]

Do I have a business? Yes. Do I put spend on my cards that’s personal? Yes. Would I tell Amex that my DVC was for business purposes if they asked? Yes. After all many people have a business renting out DVC

And I think that is perfectly defensible!