I love credit cards so much!

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This run down is incredibly helpful! I think I've convinced my wife to get in the "game" with me, so this is a good guide for starting out. I will have her start with the CSP since the AF is waived the first year. She's 2/24, and both of those are AU accounts, although those accounts will fall off in Feb/March of next year. I'm not sure I'll be able to talk her into the CSR right away due to the high AF that's not waived, or the CIP since she doesn't have a legitimate business.

I'm not sure what's the best strategy after that, though. I want her to get the IHG card so we'll end up with 2 free nights/year but wanted to have her wait until Feb to align with mine. Although with the current 80,000pts (or 100,000pts if you can get them to match the targeted offer) sign up bonus, I'm tempted to have her apply for this one sooner rather than later. I haven't seen an advertised end date for the increased bonus but I'm sure it won't stick around forever. But I suppose in the long run it's better to be able to use the free nights at the same time.

I also want Marriott cards to use the bonus points to stay in Niagara Falls next summer, and it would make sense to have us apply for those at the same time as well so our annual free nights will line up. I feel like these two hotel cards are pretty easy keepers for us for the annual free nights.

For myself, I'm thinking of the CIP next because I'm 4/24 but I'm not sure what I'd list as my "business." I have an eBay account but I only sell on there sporadically. After that I'll go for the Marriott card since the CIP won't count towards my 5/24.

Once I've exhausted Chase, I think my next move will be cards for JetBlue & Delta as those seem to have the most flights out of JFK. Although I still don't understand award flight booking so I'll need to figure out how that works for Delta. I know for JB the points needed are just based on the cost of the ticket. The ones that have awards charts based on miles flown I don't understand at all. We're not in a place yet where we fly very often though so I have time to work on it. SPG is another option, if it's still around by the time my wife & I are finished with our Chase cards.

You're welcome, glad it helps. The CSR is an easy "sell" when you break it down to, "If it costs you $450 to receive $1050 in return, would you do it?"

Good strategy to get both of your IHG cards at the same time so your annual certificates line up. That is what DH and I did. Since it doesn't fall under 5/24, I'd exhaust all 5/24 cards first. Yup Marriott and IHG are definitely keeper cards with IHG being the better of the 2 long term.

Selling on Ebay is a business, even sporadically.

Sadly, Delta no longer publishes an award chart. Their Sky Miles program is known as Sky Pesos in the travel hacking community. JFK serves a as hub for both Delta and American Airlines. Booking flights with miles on either one is not difficult. Once you have created a frequent flyer account with each one, go in and play around with award booking and it will give you a better sense of what an award flight may cost. Both programs have a rewards dining network and shopping portals which help boost the miles balance. Delta's is a little more straightforward to find award booking since you just click on miles instead of money next to "show price" when searching for a flight. On AA, after logging in you click on AAdvantage, then award travel in the drop down, and then on book award travel.

Since Amex has that once per lifetime bonus rule, I'd wait until Delta was offering a 60k or 70k bonus before applying.
 
Good strategy to get both of your IHG cards at the same time so your annual certificates line up. That is what DH and I did. Since it doesn't fall under 5/24, I'd exhaust all 5/24 cards first. Yup Marriott and IHG are definitely keeper cards with IHG being the better of the 2 long term.
So IHG doesn't count under 5/24? So if I'm 7/24, I can still apply?
 
Cash back is ok, is there one you would recommend over the other?

if your trying to earn a certain rewards, id probably swipe that instead. ie, UR (CFU/CF), citi (TYP card), etc
I currently swipe 2x for gas with TYP. I rather earn points than cash back.
 

You're welcome, glad it helps. The CSR is an easy "sell" when you break it down to, "If it costs you $450 to receive $1050 in return, would you do it?"

Good strategy to get both of your IHG cards at the same time so your annual certificates line up. That is what DH and I did. Since it doesn't fall under 5/24, I'd exhaust all 5/24 cards first. Yup Marriott and IHG are definitely keeper cards with IHG being the better of the 2 long term.

Selling on Ebay is a business, even sporadically.

Sadly, Delta no longer publishes an award chart. Their Sky Miles program is known as Sky Pesos in the travel hacking community. JFK serves a as hub for both Delta and American Airlines. Booking flights with miles on either one is not difficult. Once you have created a frequent flyer account with each one, go in and play around with award booking and it will give you a better sense of what an award flight may cost. Both programs have a rewards dining network and shopping portals which help boost the miles balance. Delta's is a little more straightforward to find award booking since you just click on miles instead of money next to "show price" when searching for a flight. On AA, after logging in you click on AAdvantage, then award travel in the drop down, and then on book award travel.

Since Amex has that once per lifetime bonus rule, I'd wait until Delta was offering a 60k or 70k bonus before applying.
I didn't realize the IHG card doesn't fall under 5/24, that's good to know. Is there a list somewhere of which Chase cards are/aren't subject to the 5/24 rule?

Ah, I didn't realize Delta's awards were based on flight price too. That does make it easier but I'm sure not as good of a deal. I'll have to look into AA for the future. With young kids we don't fly very often but as they get older we plan to travel more as a family (or leave them with grandma so DW & I can take a trip with no kids).

Here's another question for the group: what's the best way to book car rentals with points, or earn points on car rentals?
 
I didn't realize the IHG card doesn't fall under 5/24, that's good to know. Is there a list somewhere of which Chase cards are/aren't subject to the 5/24 rule?

Ah, I didn't realize Delta's awards were based on flight price too. That does make it easier but I'm sure not as good of a deal. I'll have to look into AA for the future. With young kids we don't fly very often but as they get older we plan to travel more as a family (or leave them with grandma so DW & I can take a trip with no kids).

Here's another question for the group: what's the best way to book car rentals with points, or earn points on car rentals?


Yup. Here is the list of cards you can be approved for by Chase once you are beyond 5/24

IHG
Hyatt
Marriott Business
British Airways
Ritz Carlton
Disney
Amazon
AARP
 
Spouse already has an IHG card-(love the yearly free night) is it valuable to get a 2nd for me? I then it would be two free nights per year between us....(or cheap at $49) still contemplating the empty slot for DH....he's at 4/24 and I want to fill it with something worthwhile before I pull the trigger on another IHG card..... he's already got CSR,freedom,etc.
 
My daughter has a CSR. Is there a referral bonus for this card?
 
I didn't realize the IHG card doesn't fall under 5/24, that's good to know. Is there a list somewhere of which Chase cards are/aren't subject to the 5/24 rule?

Ah, I didn't realize Delta's awards were based on flight price too. That does make it easier but I'm sure not as good of a deal. I'll have to look into AA for the future. With young kids we don't fly very often but as they get older we plan to travel more as a family (or leave them with grandma so DW & I can take a trip with no kids).

Here's another question for the group: what's the best way to book car rentals with points, or earn points on car rentals?
Most business cards because they do not report on your personal credit report and most Chase co branded cards are not subject to 5/24. Having said that both DH and are applying for the ihg card.
 
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Most business cards because they do not report on your personal credit report and all Chase co branded cards are not subject to 5/24. Having said that both DH and are applying for the ihg card.

It isn't true that all co-branded cards don't count towards 5/24. The Marriott personal card does count, but the Marriott business does not. The Southwest cards also count towards 5/24. @calypso726 gave a list above of the co-branded cards that don't count towards 5/24.
 
What's a good card for gas purchases? Dh gets reimbursed for his gas through his job and I may have him convinced to get into the game. Lol

2 best gas card is Sams Club (5x) or Costco (4x). Both cash back cards though.

Cash back is ok, is there one you would recommend over the other?

if your trying to earn a certain rewards, id probably swipe that instead. ie, UR (CFU/CF), citi (TYP card), etc
I currently swipe 2x for gas with TYP. I rather earn points than cash back.

@Albort brings up some really good points. Do you value cash back or points? You might also consider how close you are to Costco (or Sam's), whether you shop or fill up there frequently, or do you pump elsewhere? (But if you're only pumping reimbursable gas, your considerations might be different.)

The Costco Citi Visa is great because it offers 4% cash back at gas stations anywhere up to $7,000 spent per year. (This card also earns 3% on restaurants and travel, and 2% on Costco purchases.) So you can earn bonus cash back at Costco gas stations or anywhere else you pump, but keep in mind 4% of $7,000 is only $280, then you earn 1% cash back thereafter. (This could matter if you spend a lot on gas each year.) But considering Costco's gas prices can be considerably cheaper than nearby gas stations (my closest Costco gas station is usually $0.20/gallon cheaper than its nearest competitor), using Costco's cash back card can add up to a good amount of savings. While I agree in most cases, cash is king, you get the cash back in the form of a check once a year (iirc, around February). I don't know how you feel about waiting a year to get your cash back.

When I'm not pumping at Costco (because it can be kind of a drive), I use an Amex Premier Rewards Gold which earns 2x Membership Rewards at gas stations because I value flexible points like UR and MR about as much as cash. Amex has a targeted offer right now until 9/30/17 that earns an extra 4x on gas, which makes a huge bonus. Unfortunately, the offer seems highly targeted and I didn't get it.

Note that since Costco ended their relationship with Amex last year, you can no longer use Amex cards at Costco warehouses or gas stations. Costco accepts only Visa. Of course, you can use Costco's Citi Visa at non-Costco gas stations.

You might also consider whether your local grocery chains offer gas points. We shop at Safeway, which has a pretty low earning gas points program, but lets us offset gas at Chevron by up to $0.20/gallon up to 25 gallons. I know Kroger often runs 4x gas point promos on gift cards (including Disney gift cards) that the folks on the Disney Gift Cards thread really know how to maximize to lower their gas prices and offset Disney vacation costs. I'm not familiar with other chains or their promos.

I'd also add that if you're still under 5/24, you might want to delay getting one of these cards for just gas unless you find real value in the extra bonuses. The signup bonuses from Chase cards while under 5/24 are really lucrative, whether in UR points, SW and United miles, or hotel points, which are often worth hundreds of dollars. The Costco Citi Visa never has any good signup bonus -- I recently saw my local warehouse offering a free cooler bag for applying. I think Costco offered a free rotisserie chicken last year, and maybe a free 5 gallon empty bucket at one point. And it's benefit for gas is basically a bonus of up to $210 on top of regular 1x spending. The Amex PRG, however, is worth getting eventually for the signup bonus, which can be up to 50,000 MR points, regardless of what you end up using the card for. The 50k points is targeted, but people have gotten the offer using incognito/misspelled name and old address/Chinese search engine tricks.

Hope some of this helps.
 
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@Albort brings up some really good points. Do you value cash back or points? You might also consider how close you are to Costco (or Sam's), whether you shop or fill up there frequently, or do you pump elsewhere? (But if you're only pumping reimbursable gas, your considerations might be different.)

The Costco Citi Visa is great because it offers 4% cash back at gas stations anywhere up to $7,000 spent per year. (This card also earns 3% on restaurants and travel, and 2% on Costco purchases.) So you can earn bonus cash back at Costco gas stations or anywhere else you pump, but keep in mind 4% of $7,000 is only $280, then you earn 1% cash back thereafter. (This could matter if you spend a lot on gas each year.) But considering Costco's gas prices can be considerably cheaper than nearby gas stations (my closest Costco gas station is usually $0.20/gallon cheaper than its nearest competitor), using Costco's cash back card can add up to a good amount of savings. While I agree in most cases, cash is king, you get the cash back in the form of a check once a year (iirc, around February). I don't know how you feel about waiting a year to get your cash back.

When I'm not pumping at Costco (because it can be kind of a drive), I use an Amex Premier Rewards Gold which earns 2x Membership Rewards at gas stations because I value flexible points like UR and MR about as much as cash. Amex has a targeted offer right now until 9/30/17 that earns an extra 4x on gas, which makes a huge bonus. Unfortunately, the offer seems highly targeted and I didn't get it.

Note that since Costco ended their relationship with Amex last year, you can no longer use Amex cards at Costco warehouses or gas stations. Costco accepts only Visa. Of course, you can use Costco's Citi Visa at non-Costco gas stations.

You might also consider whether your local grocery chains offer gas points. We shop at Safeway, which has a pretty low earning gas points program, but lets us offset gas at Chevron by up to $0.20/gallon up to 25 gallons. I know Kroger often runs 4x gas point promos on gift cards (including Disney gift cards) that the folks on the Disney Gift Cards thread really know how to maximize to lower their gas prices and offset Disney vacation costs. I'm not familiar with other chains or their promos.

I'd also add that if you're still under 5/24, you might want to delay getting one of these cards for just gas unless you find real value in the extra bonuses. The signup bonuses from Chase cards while under 5/24 are really lucrative, whether in UR points, SW and United miles, or hotel points, which are often worth hundreds of dollars. The Costco Citi Visa never has any good signup bonus -- I recently saw my local warehouse offering a free cooler bag for applying. I think Costco offered a free rotisserie chicken last year, and maybe a free 5 gallon empty bucket at one point. And it's benefit for gas is basically a bonus of up to $210 on top of regular 1x spending. The Amex PRG, however, is worth getting eventually for the signup bonus, which can be up to 50,000 MR points, regardless of what you end up using the card for. The 50k points is targeted, but people have gotten the offer using incognito/misspelled name and old address/Chinese search engine tricks.

Hope some of this helps.
Thank you!
Dh covers a lot of ground during the day so he would need something that isn't tied to a particular store. I am 4/24 so I'm holding out for another chase. Dh is not a cc person but I was able to convince him to become an au for my freedom so he can use it since he eats out frequently for work as well. Knowing that he is highly unlikely to sign up for multiple cards I figured we could at least catch some points on his gas use. I am familiar with SPG and UR points but not the MR.

Again, I'm not totally against cash back since I could use it for things points won't cover but I want to make sure we are getting a good deal with whatever we pick. I just hate leaving rewards on the table. Lol
 
So I have had my Capital One card for at least 5 years. Looking to cancel it and reapply in hopes of getting the 20k miles. Anyone ever done this with this card in particular. Also what about the points I already have on the card that is open now? Is it all done in one transaction, where I will be able to transfer points to the new card. Also not sure if it would go against the number of cards applying for (I'm at 3/24)...
 
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Again, I'm not totally against cash back since I could use it for things points won't cover but I want to make sure we are getting a good deal with whatever we pick. I just hate leaving rewards on the table. Lol

i must warn you though, costco and sams club cash back comes back once a year, and you have to go into costco/sams club to recover the money. Keep that in mind. But 4% and 5% are pretty good. They also require Annual Fee but if you already shop with them, then that Fee also covers your membership fee.
Since your DH doesnt have a true gas station company, then it makes things harder a bit. You could also maximize a category(such as a grocery category or office supply category) by buying gift cards for certain gas stations. Thats also an option you can do, might be a bit of a hassle though. But worth the hassle to fly in business class. :P

i also googled around, Blue Cash Preferred has 3%(unlimited) on gas which isnt bad.
PenFed Visa card has 5% but requires direct deposit into their bank account. if your DH does drive a lot, this might make up for the extra hassle.
Source: https://www.valuepenguin.com/best-gas-credit-cards

of course, dont forget your freedom card on Q1 earning 5x on UR. so your covered for the first 3 months of the year. :] If you have a discover card, 5x in Q1 as well!
 
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i also googled around, Blue Cash Preferred has 3%(unlimited) on gas which isnt bad.

of course, dont forget your freedom card on Q1 earning 5x on UR. so your covered for the first 3 months of the year. :] If you have a discover card, 5x in Q1 as well!

I was just looking at reviews on the blue cash, that one sounds good. I think it also has a nice reward on groceries as well which is another category we aren't maximizing. I'm going to read up on this one some more.

I do have the discover. I just wish the categories didn't line up to be the same time! That would be nice.

We've got restaurants, travel, internet/phone, and movies covered. Just need to get the gas/groceries taken care of.
 
I was just looking at reviews on the blue cash, that one sounds good. I think it also has a nice reward on groceries as well which is another category we aren't maximizing. I'm going to read up on this one some more.

I do have the discover. I just wish the categories didn't line up to be the same time! That would be nice.

We've got restaurants, travel, internet/phone, and movies covered. Just need to get the gas/groceries taken care of.

looks like Blue cash would fit perfectly to cover your remaining categories!
 
I was just looking at reviews on the blue cash, that one sounds good. I think it also has a nice reward on groceries as well which is another category we aren't maximizing. I'm going to read up on this one some more.

I do have the discover. I just wish the categories didn't line up to be the same time! That would be nice.

We've got restaurants, travel, internet/phone, and movies covered. Just need to get the gas/groceries taken care of.

We're getting into the nitty gritty here, but details count.

As @Albort pointed out, you should of course keep in mind annual fees. Your husband might be able to expense his gas, but probably not any warehouse club or credit card annual fees. The Costco Visa is free with a Costco membership, which is at least $60 a year. The Amex PRG has a $195 AF, which is waived for the first year, but that's partially offset by a $100 airline fee credit that you can usually redeem by buying a gift card with certain airlines. The Amex Blue Cash Preferred earns unlimited 3% cash back at gas stations and 6% cash back at supermarkets up to $6,000 spend, but comes with a $95 AF. The Amex Blue Cash Everyday has no AF, and earns 2% cash back on gas and 3% cash back on groceries, up to $6,000 per year. So with the AF cards, you need to do some math whether you spend enough in those categories to offset the AF and still come out ahead. Nerdwallet has a good write-up with calculator to compare the Amex BCP and BCE: https://www.nerdwallet.com/blog/cre...h-everyday-vs-blue-cash-preferred-comparison/

I know a lot of people here seem to have the Amex BCP and love the 6% cash back at supermarkets because you can buy Disney, Target, Best Buy, Landry's, etc., and Visa and Amex gift cards at grocery stores, which can be very lucrative when a store runs some kind of $ off or gas rewards promo on gift cards.
 
We're getting into the nitty gritty here, but details count.

As @Albort pointed out, you should of course keep in mind annual fees. Your husband might be able to expense his gas, but probably not any warehouse club or credit card annual fees. The Costco Visa is free with a Costco membership, which is at least $60 a year. The Amex PRG has a $195 AF, which is waived for the first year, but that's partially offset by a $100 airline fee credit that you can usually redeem by buying a gift card with certain airlines. The Amex Blue Cash Preferred earns unlimited 3% cash back at gas stations and 6% cash back at supermarkets up to $6,000 spend, but comes with a $95 AF. The Amex Blue Cash Everyday has no AF, and earns 2% cash back on gas and 3% cash back on groceries, up to $6,000 per year. So with the AF cards, you need to do some math whether you spend enough in those categories to offset the AF and still come out ahead. Nerdwallet has a good write-up with calculator to compare the Amex BCP and BCE: https://www.nerdwallet.com/blog/cre...h-everyday-vs-blue-cash-preferred-comparison/

I know a lot of people here seem to have the Amex BCP and love the 6% cash back at supermarkets because you can buy Disney, Target, Best Buy, Landry's, etc., and Visa and Amex gift cards at grocery stores, which can be very lucrative when a store runs some kind of $ off or gas rewards promo on gift cards.

Using that calculator and low end estimates of the gas/grocery spend we would come out $418 ahead after the annual fee on the Blue Cash Preferred.
That's not factoring in gift card purchases at the grocery store which from what I figure is about the only way to get "discounts" on Disney gc.
 
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