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

[1st*toright]

Right, the federal interviews for Top secret clearence are kinda funny. One, you give the name of the people they interview so of course a true criminal has people who *think* they know them but don’t really. Then they ask really personal questions that really a neighbor, coworker, even sometimes friend really may not know in detail. Like the credit for instance. The training for it all makes me giggle every year. You have to pick out “threats” with each person. One guys name is Todd, with 4 kids, who visits Disney World every year. That’s my husband and we have 4 kids so always make me chuckle.

When I was in college a friend of mine interned at the CIA for the summer (her dad was CIA - she didn't know until she was 16!) She had to give references, so a CIA agent interviewed me at school - asked lots of questions about her drinking habits (we were underage) and stuff. Fortunately, she didn't drink or do anything wild, so I could answer entirely honestly that I had never seen her have a single alcoholic drink or anything. Would have been awkward if she was like 80% of the kids in my dorm!

 

[Judique]

This non-churner would like to know: If one spends $20,000 in the first year, which would yield more URs? The $500 SUB or getting 3x for the year?

'If' you spent 20K in the first year, you would get 60K UR's which is better than 15K spending $500.

BUT, for churners, this is not a good deal as many other cards offer higher signup bonuses and even one such as CIP which would give 80K, is better.

If you have 20K spend, you can use it to easily maximize other offers.

Many churners ignore this bonus altogether and just downgrade to the card after getting a 'fee' card that has better sign up bonuses.

I think this card will be seen as a value by people who have maxed out all other UR earning card bonuses and may use it as an interim card (first year) while they pursue other more significant bonuses such as business cards on the gravy train, or even hotel cards such as Hyatt.

I'm wide open for UR earning cards. I do not have any except my Chase Freedom. So, very soon I will first apply for the Chase business cards, CIP, CIC and CIU...all with relatively small annual fees. This will take me to 2020, assuming all products are still intact at that time. I may also do another Southwest business card as well. By 2020, my attention will then be on whatever CSP and CSR are offering. Only then will CFU become a focus. I will also cancel the 'fee' business cards, after transferring my UR's to another card if that is still an option. Otherwise I will cash the value out of them. This strategy may produce over 300K UR's in about a year for less than 20K in spend. Far better than 60K even with the fees of $530 effectively for 20K in spend.

 

[palhockeymomof2]

'If' you spent 20K in the first year, you would get 60K UR's which is better than 15K spending $500.

BUT, for churners, this is not a good deal as many other cards offer higher signup bonuses and even one such as CIP which would give 80K, is better.

If you have 20K spend, you can use it to easily maximize other offers.

Many churners ignore this bonus altogether and just downgrade to the card after getting a 'fee' card that has better sign up bonuses.

I think this card will be seen as a value by people who have maxed out all other UR earning card bonuses and may use it as an interim card (first year) while they pursue other more significant bonuses such as business cards on the gravy train, or even hotel cards such as Hyatt.

I'm wide open for UR earning cards. I do not have any except my Chase Freedom. So, very soon I will first apply for the Chase business cards, CIP, CIC and CIU...all with relatively small annual fees. This will take me to 2020, assuming all products are still intact at that time. I may also do another Southwest business card as well. By 2020, my attention will then be on whatever CSP and CSR are offering. Only then will CFU become a focus. I will also cancel the 'fee' business cards, after transferring my UR's to another card if that is still an option. Otherwise I will cash the value out of them. This strategy may produce over 300K UR's in about a year for less than 20K in spend. Far better than 60K even with the fees of $530 effectively for 20K in spend.

really like your business card strategy.....my first UR card was the CIP last May...and I’ll cancel it once the AF hits....then apply for another CIP a month or so later....

 

[trenty]

'If' you spent 20K in the first year, you would get 60K UR's which is better than 15K spending $500.

BUT, for churners, this is not a good deal as many other cards offer higher signup bonuses and even one such as CIP which would give 80K, is better.

If you have 20K spend, you can use it to easily maximize other offers.

Many churners ignore this bonus altogether and just downgrade to the card after getting a 'fee' card that has better sign up bonuses.

I think this card will be seen as a value by people who have maxed out all other UR earning card bonuses and may use it as an interim card (first year) while they pursue other more significant bonuses such as business cards on the gravy train, or even hotel cards such as Hyatt.

I'm wide open for UR earning cards. I do not have any except my Chase Freedom. So, very soon I will first apply for the Chase business cards, CIP, CIC and CIU...all with relatively small annual fees. This will take me to 2020, assuming all products are still intact at that time. I may also do another Southwest business card as well. By 2020, my attention will then be on whatever CSP and CSR are offering. Only then will CFU become a focus. I will also cancel the 'fee' business cards, after transferring my UR's to another card if that is still an option. Otherwise I will cash the value out of them. This strategy may produce over 300K UR's in about a year for less than 20K in spend. Far better than 60K even with the fees of $530 effectively for 20K in spend.

This does make sense. I won't do business cards or high AFs. Right now the only AF card I have and plan to keep is the CSP. I do not plan to add many cards to my small stash of cards, simply because I don't want to have to manage it all. Yes, I know I can earn more with SUBs and more cards. And I realize that I can cancel and move on. But right now, I am earning more than enough for my travel needs. I am in awe of those of you that go after these big offers, it's just not for me, at least for now. I have compared travel churning before to "keeping up with the Jonses." Right now I don't feel the need to go after these big rewards, even though I can see how easily attainable it can be. I am happy with my smaller rewards that get me and my family where I want to go.
(If this sounds like I am arguing, I am not. )

 

[striker1064]

The 3x on $20,000 would give you 60k URs...vs $20,000 x1.5= 30kUR + 15k SUB= 45k URs

But...I won’t put $20k on the CFU...I’d use that to get other cards and sign up bonuses...YMMV

This is the right idea. Unless the CFU is really, truly the last remaining UR card for you to pick up, and you're planning to stay under 5/24 but still amass as many UR as possible until you're eligible for another card, the much better deal is to get the $150/15k UR SUB now and fill out that remaining $19,500 in spend on things like CIP/CIU/CIC/CSP - whatever you don't have yet.

 

[amalone1013]

I thought the SUB was $150=15k URs on the CFU after a $500 MSR....

I think FUL is only a $150 SUB after spending $500. The 50K SUB is on CSP.
$20k*3x=60K
$20K*1.5x=30K+15K
New offer potentially coming is better

The 3x on $20,000 would give you 60k URs...vs $20,000 x1.5= 30kUR + 15k SUB= 45k URs

But...I won’t put $20k on the CFU...I’d use that to get other cards and sign up bonuses...YMMV

Thanks all. I do not really churn or go after too many SUBs. I hate working on MSRs. I have been considering this card to complete my "trifecta" (CSP, CF, CFU). With organic spend I could do $20K in under a year. I have to think about this one.

Sorry guys... this is why I shouldn't math too early. Confused the $500 MSR with the actual sign up bonus amount

 

[amalone1013]

Do you code 3x on CIP?

If I know what's good for me.

 

[palhockeymomof2]

This does make sense. I won't do business cards or high AFs. Right now the only AF card I have and plan to keep is the CSP. I do not plan to add many cards to my small stash of cards, simply because I don't want to have to manage it all. Yes, I know I can earn more with SUBs and more cards. And I realize that I can cancel and move on. But right now, I am earning more than enough for my travel needs. I am in awe of those of you that go after these big offers, it's just not for me, at least for now. I have compared travel churning before to "keeping up with the Jonses." Right now I don't feel the need to go after these big rewards, even though I can see how easily attainable it can be. I am happy with my smaller rewards that get me and my family where I want to go.
(If this sounds like I am arguing, I am not. )

This is exactly why I love this group...no right or wrong way to churn....you do you...what works best for your family....

 

[trenty]

Sorry guys... this is why I shouldn't math too early. Confused the $500 MSR with the actual sign up bonus amount

I knew is was too early in the day for me to do the math, which is why I knew asking would be much easier on my brain.

 

[amalone1013]

YASSSS My DD is showing up in DHs BoA account. Does anyone know how quickly they post the bonus? This is only the first DD towards the $4k, but I have lots of OT on my next check too so I should hit in 3 deposits.

Time for next bank account bonus...

 

[trenty]

This is exactly why I love this group...no right or wrong way to churn....you do you...what works best for your family....

And I am learning so much if I ever do decide to go full-force ahead with churning. Even though I do not apply for many cards I read just about everything here that you all post. (I do skim some things that don't apply to me).

 

[palhockeymomof2]

Sorry guys... this is why I shouldn't math too early. Confused the $500 MSR with the actual sign up bonus amount

Lol...and I ran off to look and see if the SUB changed

 

[amalone1013]

Lol...and I ran off to look and see if the SUB changed

I kept going... $500... is 50k URs... dang that seems high... lol

 

[palhockeymomof2]

And I am learning so much if I ever do decide to go full-force ahead with churning. Even though I do not apply for many cards I read just about everything here that you all post. (I do skim some things that don't apply to me).

I started out last year slowly....since I wasn’t familiar with URs...only had SW and Disney cards....once I became familiar with the UR program we started opening a new card every 3 months....the $5k SUBs do stress me out a bit and I have to carefully plan those

 

[striker1064]

YASSSS My DD is showing up in DHs BoA account. Does anyone know how quickly they post the bonus? This is only the first DD towards the $4k, but I have lots of OT on my next check too so I should hit in 3 deposits.

Time for next bank account bonus...

Last year, the BoA bonus posted for both of us a few days after statement close within the period of meeting requirements. It ended up being a few weeks just based on timing.

 

[miztressuz]

YASSSS My DD is showing up in DHs BoA account. Does anyone know how quickly they post the bonus? This is only the first DD towards the $4k, but I have lots of OT on my next check too so I should hit in 3 deposits.

Time for next bank account bonus...

About 2 weeks after the last qualifying deposit. It's not exact like other banks, but somewhere around 10 business days it'll pop up. I had a holiday in mine so it was 11 business days but 15 or 16 calendar days.

 

[hsmamato2]

I did a lot of stovetop, but also have an old zojurusi rice cooker and use it mostly now - cant spell this! I've never had a problem. Not going to buy an instant pot. Daughter has one and I haven't seen her use it.

I used to have a zojirushi.... how I loved that device..... I found it at Goodwill for $9!!!!! I used it until it stopped working(like 2 years) what a perfect machine! I have friends who have 2 IP's but I can't justify the space, they're bulky! My tiny cheap rice cooker also gets almost daily use alongside IP on my counter(I put them in cabinet when done tho,as noted before,tiny counters) ahhh food. If I had the space I'd get another IP

 

[SouthFayetteFan]

This non-churner would like to know: If one spends $20,000 in the first year, which would yield more URs? The $500 SUB or getting 3x for the year?

Ok, ok - the banker is finally awake guys...

I saw all the responses but none actually seemed 100% correct (or at least none laid it out like this):

• Current offer, spend 20k = 45,000 URs
• New (rumored) offer, spend 20k = 60,000 URs

If in a vacuum you were spending 20k on this card the new offer would be better. As stated yesterday the break even is spending $10,000. At $10k you would have an identical number of URs (30,000) regardless of which offer you signed up for. Anything under $10k in the first year favors the old offer.

Ugh....May rearranging the order and timing of our Chase cards...And I wanted to wait until 4/1 a full 3 months to apply for a new card...but may go for the CFU for both of us now ..since it’s over 2 months since our last card

Does Chase usually just change the offer without notice ?

They change offers VERY infrequently, but often when they change it can be without notice.

 

[hsmamato2]

I AM NOT READY YET! I have math to run, family to convince one way or the other for this fall which could lead to decisions to make like do I even want to do F&W solo in Nov? I'm not ready for an announcement that will sell out all the hotel rooms, dangit! Guess I better get ready!

To turn my WDW ticket into an AP or not? That is the question... I have 0 interest in FL during the summer or early fall but I loved F&W in Nov and I know I'll love the Flower and Garden Festival my first time this year. I could turn this end of March ticket into an AP for a trip to F&W 2019 and Flower & Garden 2020 but I have a big round the world type trip in a few months that I need to finalize my math on...

I feel you! I have a few Marriott points left over and I'm hoarding them for a few easy walk/access days for SWGE when this is open. I'm seriously hanging onto them just for that purpose.(I'm crazy) I just wish I had a way to get another branded cc so I could hoard a few days for the Epcot stuff when it opens..... there's nothing like walking over and avoiding the bus crowds to these parks.... Unless I just wait till it's all open and use them then... (Oh Disney I want to go back to the old days when it was easier to visit you) in spite of my desire to rush down and see the new studios in late fall I think I'll hold off... see how the fp scene is going etc.

 

[GZanta77]

Seem to me that the new (rumored) CFU bonus is part of a growing trend toward SUB's requiring more spend over a longer period of time. Chase seems to be keen on going this way - the British Airways card also offers 4pts/$ for the first $30k in spend over 12 months.

If these cards are successful for the banks, I think more and more SUB's will be heading to this type of formula. The game is ever changing.