I love credit cards so much!

[Lain]

Will the old card be available? I realized that I probably need to reduce DH's SW credit limit... that alone is 25% of our household income.

Not sure. I think the rumor is the current card and/or the 75k Marriott points/AF waived offer will be pulled to make way for the new card/offer?

 

[Lain]

Is there a fee to this cc?

$95 annual fee, not waived.

 

[DisneyMandC]

FYI for those calling chase to remove an AU from their account, they asked me why I was doing that. I was surprised so I thought I’d mention it so you all will be ready. Also, I started with a SM but they replied and asked me to call.

Wow, I’d tell them that’s none of their business and is personal! I have SMed twice to remove DH from mine and they’ve never questioned it.

 

[SouthFayetteFan]

OOPS - double post...somebody poisoned the water hole!

 

[SouthFayetteFan]

Is there a fee to this cc?

There is a $95 fee but the signup bonus is worth if $1,000 so you come out way ahead! It is a business card - are you comfortable applying for Biz cards
We can help walk you thru it.

 

[motherof5]

There is a $95 fee but the signup bonus is worth if $1,000 so you come out way ahead! It is a business card - are you comfortable applying for Biz cards
We can help walk you thru it.

I have a daycare business so I can do business cards. Please send me more information. Also thank you for the information you have already given me.

 

[motherof5]

$95 annual fee, not waived.

what are the best cards to get. I can also do business cards.

 

[Disneyonmymind]

Wow, I’d tell them that’s none of their business and is personal! I have SMed twice to remove DH from mine and they’ve never questioned it.

I was not ready so I think I mumbled some lame response.

 

[Lain]

I am just learning so forgive me if I’m wrong but I would worry that if she removed her DH as the AU from all of her/his accounts, then he may not have enough credit history left to qualify for the new cards. I am a few pages behind so maybe this was discussed. Or is that not a concern for some reason? I just know that, in my case, when I removed an AU account, my credit went down. Luckily I had other older cards so I was still okay.

I think it could have an effect if Player 2 was relying entirely on AU accounts to establish credit, in which case it might make sense to remove one or two newer accounts to make slots available under 5/24. Being an AU on a card that's been open for more than 24 months shouldn't count against */24. But Player 2 really should then get a starter card to establish his own credit history before applying for cards that require more credit worthiness after about a year.

 

[SouthFayetteFan]

I have a daycare business so I can do business cards. Please send me more information. Also thank you for the information you have already given me.

I would recommend the Chase Ink Preferred (CIP). You would apply for this card as a sole proprietorship (Use your first name and last name as the business name and your SSN as the EIN). Here's how that bonus works:

Chase Ink Preferred (CIP)

• Best Online Offer = 80,000 Ultimate Rewards (URs) for $5k spend in 90 days (there is an in branch offer for 100k - it requires some additional work to apply in branch to with a BRM). The 80k offer is available on DISchurners if you aren't planning to go in branch.
• Annual fee = $95 (not waived)
• Points are worth = 1.25 cents each through the travel portal OR transfer 1:1 to numerous partners
• Assuming you'd use the 1.25 travel option here's what you get:
• 80,000 bonus URs + 5,000 base URs (from min spend) = 85,000 URs worth $1,062.50 LESS $95 annual fee = $967.50
• Also of note - you could hold these points, get a CSR after and then you can redeem these points at 1.50 via the CSR making it worth $1,180

This card as well as its friends the CSR (Chase Sapphire Reserve) and CSP (Chase Sapphire Preferred) earn Ultimate Rewards (URs) which are super awesome (flexible) points that can be used to pay for hotels, flights, transfer to Southwest, pay for On-Site Disney stays and packages, etc.

 

[SouthFayetteFan]

I think it could have an effect if Player 2 was relying entirely on AU accounts to establish credit, in which case it might make sense to remove one or two newer accounts to make slots available under 5/24. Being an AU on a card that's been open for more than 24 months shouldn't count against */24. But Player 2 really should then get a starter card to establish his own credit history before applying for cards that require more credit worthiness after about a year.

I would agree that you wouldn't want to remove AU accounts older than 24 months! There's no reason to do so UNLESS they are actually linked to a person with poor credit and negatively impacting smoething.

 

[Gwmw1210]

I was looking at the Plastiq chart on FrequentMiler site to determine who I can and can not pay using the CIP. Most of them say ‘with prep’. . Utilities, misc bills, contractors (we have rental properties so I could definitely use that). Also, mgt. with Wells Fargo- saw that info on DISchurner-is that still ok-anyone tried recently?

Trying to maximze rewards as best as I can..

 

[Calfan]

I was looking at the Plastiq chart on FrequentMiler site to determine who I can and can not pay using the CIP. Most of them say ‘with prep’. . Utilities, misc bills, contractors (we have rental properties so I could definitely use that). Also, mgt. with Wells Fargo- saw that info on DISchurner-is that still ok-anyone tried recently?

Trying to maximze rewards as best as I can..

I just recently starting using Plastiq with DH's CIP and have had no problem whatsoever, and no "prep" needed. So far, I have paid our county assessor for my car registration renewal, Idaho Power and our country club.

 

[palhockeymomof2]

I was not ready so I think I mumbled some lame response.

I just called today to take my husband off one of my cards...she did ask why...I just said he does not use it and she told me they have to ask since both cards have the same account number and if it was due to a divorce or another reason I didn’t want him having access to the account they would have sent me a replacement card with a new number

 

[SouthFayetteFan]

I just called today to take my husband off one of my cards...she did ask why...I just said he does not use it and she told me they have to ask since both cards have the same account number and if it was due to a divorce or another reason I didn’t want him having access to the account they would have sent me a replacement card with a new number

That makes a lot of sense. I mean what if your ex husband was cheating with the dog groomer like I said before

 

[Lain]

I was looking at the Plastiq chart on FrequentMiler site to determine who I can and can not pay using the CIP. Most of them say ‘with prep’. . Utilities, misc bills, contractors (we have rental properties so I could definitely use that). Also, mgt. with Wells Fargo- saw that info on DISchurner-is that still ok-anyone tried recently?

Trying to maximze rewards as best as I can..

We also have a Plastiq guide on /r/DISchurners (which I've been meaning to update, but life keeps getting in the way).

I believe when FrequentMiler posted that article, Visas were still having a "cash advance" issue when used to pay a new Recipient for the first time on Plastiq. What would happen was when you set up a payment to a new payee ("Recipient") who you've never paid before and isn't in Plastiq's system, and tried to use a Visa card specifically, the payment would code as a "cash advance" which is not what you want because cash advances don't count towards minimum spend and incur fees. So, the recommendation was to "prep" the payment by (1) requesting the issuer lower the cash advance limit to $0 (or however much is the minimum allowed for your card product) so any accidental cash advance would be rejected, or (2) make the first payment to a new Recipient with an Amex, MasterCard, or Discover card (which didn't have this issue) to establish a "relationship" with the Recipient and get them into the system, then you could use the Visa going forward without accidentally coding as a cash advance.

Plastiq has since resolved the "cash advance" issue, so it's no longer necessary to "prep" a payment to a new Recipient when using a Visa.

If you're planning to use Plastiq, please show some support by signing up through a DISchurners link. You'll get $500 fee free dollars ("FFDs") after you've made $500 or more in payments. That means the next time you use Plastiq, they'll waive their fees for $500 worth of payments (saving you $12.50).

ETA: I'll add that even though Visa and Amex restrict certain categories of payments, e.g. mortgages, there are tricks that might work to get around the restriction.

 

[Gwmw1210]

I have a regular Delta skymiles card (8 years). I received a letter today saying it is being discontinued and will be automatically upgraded to the Gold and the fee will be waived till June 2019. My initial thought was to cancel now and position myself to apply for other Amex once the Chase well runs dry for me then I realized the card has a little age to it so maybe I should just keep it until AF in 2019 and hopefully get a decent retention offer. I do have another Amex 11 yrs and and a couple others non Amex that are between 15-20 years.

Is canceling now a bad idea. Any thoughts?

 

[elgerber]

I have a regular Delta skymiles card (8 years). I received a letter today saying it is being discontinued and will be automatically upgraded to the Gold and the fee will be waived till June 2019. My initial thought was to cancel now and position myself to apply for other Amex once the Chase well runs dry for me then I realized the card has a little age to it so maybe I should just keep it until AF in 2019 and hopefully get a decent retention offer. I do have another Amex 11 yrs and and a couple others non Amex that are between 15-20 years.

Is canceling now a bad idea. Any thoughts?

wow really? My Delta card is one of my oldest cards, if it gets pushed to something with a fee and I have to cancel, I am not going to be happy.

 

[Gwmw1210]

wow really? My Delta card is one of my oldest cards, if it gets pushed to something with a fee and I have to cancel, I am not going to be happy.

I’m very disappointed. I’ve only called once so far but didn’t get anywhere with the guy. I plan to call again. He kept saying it wasn’t anything that can be done aside from waiving the fee for the first year but no incentive (welcome bonus etc) because it’s not a voluntary upgrade.

 

[Gwmw1210]

We also have a Plastiq guide on /r/DISchurners (which I've been meaning to update, but life keeps getting in the way).

I believe when FrequentMiler posted that article, Visas were still having a "cash advance" issue when used to pay a new Recipient for the first time on Plastiq. What would happen was when you set up a payment to a new payee ("Recipient") who you've never paid before and isn't in Plastiq's system, and tried to use a Visa card specifically, the payment would code as a "cash advance" which is not what you want because cash advances don't count towards minimum spend and incur fees. So, the recommendation was to "prep" the payment by (1) requesting the issuer lower the cash advance limit to $0 (or however much is the minimum allowed for your card product) so any accidental cash advance would be rejected, or (2) make the first payment to a new Recipient with an Amex, MasterCard, or Discover card (which didn't have this issue) to establish a "relationship" with the Recipient and get them into the system, then you could use the Visa going forward without accidentally coding as a cash advance.

Plastiq has since resolved the "cash advance" issue, so it's no longer necessary to "prep" a payment to a new Recipient when using a Visa.

If you're planning to use Plastiq, please show some support by signing up through a DISchurners link. You'll get $500 fee free dollars ("FFDs") after you've made $500 or more in payments. That means the next time you use Plastiq, they'll waive their fees for $500 worth of payments (saving you $12.50).

ETA: I'll add that even though Visa and Amex restrict certain categories of payments, e.g. mortgages, there are tricks that might work to get around the restriction.

Thank! I’ll definitely use a link.