I love credit cards so much! v2.0 (see first page for add'l details)

[Jen and Ashwin]

And another question. I can't remember, but when do you get the 15 Elite night credits for an SPG card? Is it when the card renews? I am thinking that with those 15 nights, I might actually be able to get Platinum elite again for next year since I will already have 32 nights once my credit card bonus nights post and will likely have more nights added over the year for work travel.

 

[wendow]

We’re in need of a new dishwasher so my MRs are about to pay for that. Not a “sexy” use of points but very practical so I’ll go ahead and do it.

Same as you though, I wait until I have the need for a gift card. The e-gift cards from Amex come through so quick that there’s no need to redeem ahead of time.

I think this is gonna be my backup plan if I get the popup when I try for the Schwab plat. We are always thick in DIY projects and we do need some new appliances as well so Home Depot GC would be fine with us also.

 

[disneymagicgirl]

I don't see CIU having the ability to transfer to loyalty accounts. CIP (and old CIC+) amongst the Ink cards can.

Does your DH have frequent traveler accounts? You could get travel for yourself using his loyalty accounts to "pay" for it AFAIK.

uggg, of course there would be an issue. Glad I asked. I could probably make it work, but it would be easier if I could transfer to myself for places that require check in at the desk. Hilton I know I can just add myself as another adult on the ressie. Not sure about Hyatt and marriott.

 

[afan]

I haven’t received anything from Amex either...but the only referral we had was on the SPG business card...20,000 points....so maybe Amex is only sending out 1099s on SS numbers where referrals across all cards is $600 or greater

Nothing here yet either. My amex referrals were on a biz with my SS. Chase would have only been on my hyatt but it wouldn't have been more than 3 but I think some were the year before and so maybe only one last year. I'd have to go back and see if it posted in Dec or last month.

My last name is in the middle of the alphabet so I don't know if that's part of it too. My mom often gets her tax stuff from Edward Jones before me and her last name is at the beginning which I figure is the reason for the difference. We both use the same office not that they come from there.

 

[magickingdomprincess]

How long does it take to receive the CIC? I was approved Mon, is it too late to request it to be expedited? Wasn't in a hurry before but of course now I am TIA!

 

[platamama]

if I get the popup when I try for the Schwab plat.

FWIW, I saw a reddit comment yesterday from someone who did NOT get the Schwab plat bonus...even though they DIDN'T get a pop up. Denied for "gaming, etc." excuse. They didn't meet the Schwab MSR before they canceled their Biz Plat. Makes me nervous because that was what I was planning on next for DH and I don't know if I can meet the MSR before I have to cancel his Biz Plat. And who's to say Amex wouldn't clawback the Schwab bonus (even if I could manage it) after I cancel his Biz Plat??? The rules are changing...

 

[palhockeymomof2]

How long does it take to receive the CIC? I was approved Mon, is it too late to request it to be expedited? Wasn't in a hurry before but of course now I am TIA!

It took about a week for mine to arrive

 

[AmyAnne]

I haven’t received anything from Amex either...but the only referral we had was on the SPG business card...20,000 points....so maybe Amex is only sending out 1099s on SS numbers where referrals across all cards is $600 or greater

That would be nice -- I'm pretty sure I would also fall under $600 -- but I thought that theory had been refuted, based on reports by people who had received 1099s from AmEx for less than $600.

 

[palhockeymomof2]

I just want to confirm before I call...

If I PC my CIP to CIU, I can still transfer the URs to my frequent traveler accounts right? Because otherwise I can't...I only have the CFs. DH holds the CSR, but I can't transfer from his CSR to my frequent traveler accounts for when I travel w/o him.

I don’t think you can’t do transfers from the CIU...you’d need a CIP, CSP or CSR

 

[palhockeymomof2]

That would be nice -- I'm pretty sure I would also fall under $600 -- but I thought that theory had been refuted, based on reports by people who had received 1099s from AmEx for less than $600.

I’m curious if anyone here has received a 1099 if under $600 per SS....
saw those reports but since Amex sent out 1099s per card wondering if those people received additional 1099s a day or so later. The way Chase combined all cards on one form makes way more sense to me

 

[wendow]

FWIW, I saw a reddit comment yesterday from someone who did NOT get the Schwab plat bonus...even though they DIDN'T get a pop up. Denied for "gaming, etc." excuse. They didn't meet the Schwab MSR before they canceled their Biz Plat. Makes me nervous because that was what I was planning on next for DH and I don't know if I can meet the MSR before I have to cancel his Biz Plat. And who's to say Amex wouldn't clawback the Schwab bonus (even if I could manage it) after I cancel his Biz Plat??? The rules are changing...

Ugh, so right The rules are changing. I was hoping to cash mine out soon through Schwab and then start the whole thing over again for dh but I just don't know anymore if that is worth going for. I'd be pretty furious if I met the MSR *and* paid the AF on the Schwab and didn't get the bonus

 

[amalone1013]

Soooo I had $200 for a referral on my Marriott card for my 1099. I looked through my statements and was like cool, someone must have used my link somewhere and not told me! I see it back in July. But looking through my actual Marriott account activity... nada.

 

[thevalley]

Question about Sun trust bank bonus. did anyone here receive the 500 bonus? i haven't received a 1099 for it yet. did anyone receive one that did the bonus? it would be a the personal checking account that needed 2500 DD and 10 debit transactions. i did get my chase checking account 1099 last week. is there a difference between DD and debit card versus just DD?

 

[AmyAnne]

I’m curious if anyone here has received a 1099 if under $600 per SS....
saw those reports but since Amex sent out 1099s per card wondering if those people received additional 1099s a day or so later. The way Chase combined all cards on one form makes way more sense to me

Ah that's a detail that I didn't catch (about AmEx sending separate 1099s per card). We won't file until March so I'm okay with sitting back and waiting to see what happens, but I do feel badly for people who had planned to file early and then got this monkey wrench of a messed-up surprise.

 

[SouthFayetteFan]

Ugh, so right The rules are changing. I was hoping to cash mine out soon through Schwab and then start the whole thing over again for dh but I just don't know anymore if that is worth going for. I'd be pretty furious if I met the MSR *and* paid the AF on the Schwab and didn't get the bonus

Same here...I might just eat that AF and do a triple dip in the airline credits at the end of the year though...

 

[platamama]

You can always upgrade to the CSR after you’ve had the card a year to get the 1.5 redemption

And I suspect this is a back door double dip of the travel credit. I'd love to see more DPs on folks who upgraded from CSP to CSR and when their AFs hit.

 

[wendow]

Same here...I might just eat that AF and do a triple dip in the airline credits at the end of the year though...

That is a good idea. That would break even for us. My plat comes up in October/Nov. and I definitely want to close it. You think it is safe to close it then and go for Schwab in Dec?

 

[striker1064]

Question about Sun trust bank bonus. did anyone here receive the 500 bonus? i haven't received a 1099 for it yet. did anyone receive one that did the bonus? it would be a the personal checking account that needed 2500 DD and 10 debit transactions. i did get my chase checking account 1099 last week. is there a difference between DD and debit card versus just DD?

Yep, got the $500 bonus (for DD + 10 debits), got the 1099. You should expect to receive one.

I've seen a lot of "experts" on reddit stating that a bonus requiring only debit purchases is considered a rebate and is thus not taxable. That sounds like BS to me, every bonus fine print says otherwise. And it's not worth pushing your luck with the IRS.

 

[afan]

Ah that's a detail that I didn't catch (about AmEx sending separate 1099s per card). We won't file until March so I'm okay with sitting back and waiting to see what happens, but I do feel badly for people who had planned to file early and then got this monkey wrench of a messed-up surprise.

And that's the thing, I have everything and would like to do my taxes and get it approved and going before the next possible shut down next week. Not sure how much longer I should wait.

 

[palhockeymomof2]

And I suspect this is a back door double dip of the travel credit. I'd love to see more DPs on folks who upgraded from CSP to CSR and when their AFs hit.

Interesting idea...I’ve only had my CSR since 8/18..planning on keeping it for the 1.5 redemption