|
wyoak posted:You can transfer points between your card accounts online, it's really easy. I'd see if you can product change the CSP to one of the Freedom cards, depending on your spending habits. Once you're off of the CSP you can get the reward again 24 months after you last received the reward - not 24 months after changing the card. For example, I originally got the 50k points in Feburary 2014, held the card until I cancelled it in January of this year, and then got the signup bonus again in March. If I already have the regular Freedom card, do you think they will let me downgrade to the new Chase Freedom Unlimited + being eligible to receive the 15k bonus? And that's good to know of the 24 month rule, I was not aware of that!
|
#
?
Apr 15, 2016 20:30
|
|
|
|
| # ? May 14, 2024 15:38 |
|
|
Busy Bee posted:If I already have the regular Freedom card, do you think they will let me downgrade to the new Chase Freedom Unlimited + being eligible to receive the 15k bonus? Signup bonuses are pretty much never available for downgrades.
|
|
#
?
Apr 15, 2016 20:32
|
|
|
I'm just now getting in to the world of signup bonuses and credit card rewards. For a while I've been making 90% of purchases on credit and then paying it off in full each month so I'd like to capitalize on that. I'm curious how it works out long term, though. I just got an Amex SPG which I will use for 3 months until I earn the bonus at which point I will get the Chase Sapphire Preferred. I typically spend about $1.5k - 2k per month which seems like it would get a minuscule amount of points compared to the sign up bonuses. Is there ever a point where it's worthwhile to continue using a card to accumulate points or does it sort of fizzle out after going through the initial bonuses? Is it really front-loaded with bonuses or do the benefits of churning continue indefinitely? I imagine that this becomes an endless cycle of opening new accounts, but I have good credit so I suppose I could deal with opening/closing a handful of cards every year in order to get free vacations out of it. Teeter fucked around with this message at 21:55 on Apr 15, 2016 |
|
#
?
Apr 15, 2016 21:50
|
|
|
It's definitely frontloaded but there are lots of cards with decent signup bonuses (if you travel anyway), so if you're not super aggressive it'll take you a while to churn through the good ones. And maybe by then it's been two years and you can do some of them over again! Make sure to do Chase cards first, they won't approve you if you've opened 5 new card accounts in the last 24 months.
|
|
#
?
Apr 15, 2016 22:06
|
|
|
Teeter posted:I'm just now getting in to the world of signup bonuses and credit card rewards. For a while I've been making 90% of purchases on credit and then paying it off in full each month so I'd like to capitalize on that. The most important thing is to have a goal in mind. It sounds like you're part of the way there when you say free vacations, but go a little further if you can. Does that mean a few nights at luxury hotels, or more nights at more standard hotels? Economy airfare or premium cabins? Domestic or international? And what airport would you like to fly out of? You don't need to have an answer to all of these, but the more of them you can answer the better you'll be able to strategize. As to your question about hopping between sign-up bonuses, that's what I do. I've been approved for 21 cards in the last 26 months and rarely have spent more on a card than is necessary to get the bonus. This will be changing later this year; I plan to buy a house in mid-2017, so I'm going to stop applying for new cards by the end of July 2016. At that point I'll have to optimize my spending based on category bonuses for all my cards. Until then, though, it's bonus chasing.
|
|
#
?
Apr 16, 2016 04:02
|
|
|
People here with both a Chase personal and business account - did you guys merge accounts or keep it separate? I'm thinking of just keeping it separate for now. Busy Bee fucked around with this message at 03:31 on Apr 17, 2016 |
|
#
?
Apr 17, 2016 03:26
|
|
|
Busy Bee posted:People here with both a Chase personal and business account - did you guys merge accounts or keep it separate? I'm thinking of just keeping it separate for now. I merged but then I canceled my business card and my login started getting deactivated a couple times a month until I got a rep that understood what was going on and created a new login for me.
|
|
#
?
Apr 18, 2016 01:58
|
|
|
I do a lot of commuting and want to squeeze the most cash back I can out of my gas purchases. My Discover card is one of those ones with the revolving cash back categories so I only get 5% back on gas for three months out of the year, it's 0.25% otherwise. What should I be looking at for a credit card? I don't have a balance to transfer and I'm not interested in churning.
|
|
#
?
Apr 18, 2016 04:51
|
|
|
What is the best card for dining/restaurants now that the citi forward game is finally up.
|
|
#
?
Apr 18, 2016 05:27
|
|
|
Luigi Thirty posted:I do a lot of commuting and want to squeeze the most cash back I can out of my gas purchases. My Discover card is one of those ones with the revolving cash back categories so I only get 5% back on gas for three months out of the year, it's 0.25% otherwise. What should I be looking at for a credit card? I don't have a balance to transfer and I'm not interested in churning.
|
|
#
?
Apr 18, 2016 06:19
|
|
|
Luigi Thirty posted:I do a lot of commuting and want to squeeze the most cash back I can out of my gas purchases. My Discover card is one of those ones with the revolving cash back categories so I only get 5% back on gas for three months out of the year, it's 0.25% otherwise. What should I be looking at for a credit card? I don't have a balance to transfer and I'm not interested in churning. Probably the PenFed Platinum Rewards Visa, provided you don't mind redeeming your points for gift cards. It's 5% year-round. If you're not currently eligible to join, you can make a donation. I think it's like $15 donation and then you're a member, and the card is no annual fee. If you don't want to hassle with redeeming for gift cards, you might pick up a Chase Freedom. It's another 5% rotating categories card, and you run the risk of gas overlapping with your Discover, but generally that doesn't seem to happen. $0 annual fee so the only thing you have to lose in a hard pull. If you don't want to hassle with another rotating category card, probably the AmEx Blue Cash Preferred is your best bet, but you'd need to spend a lot on gas for this to make sense over the Citi DoubleCash that ilkhan rightly recommended. The annual fee is $75, so after $7,500 in annual fuel spending, you're coming out ahead of the DoubleCash (straight 2%, no annual fee). However, this card also earns 6% back on groceries (up to $1.5k/quarter or $6k/year), so this card tends to come pretty highly recommended. Even if you eat out all the time, you can buy gift cards to restaurants/Amazon at the grocery store and get the cash back on them. app posted:What is the best card for dining/restaurants now that the citi forward game is finally up. Probably the Chase Sapphire Preferred, though I could also make the argument for the AmEx Premier Rewards Gold, simply because I find AmEx much more pleasant to deal with and the PRG earns bonus points in more categories. The AmEx has a higher annual fee but also comes with a $100/year airline credit, which pretty much everyone uses to buy Amazon gift cards through the United MPX app. Both of these cards earn double points on dining out, and if you're using points for anything other than statement credits, they're worth more than 1¢ each. You can also combo the Discover It & Chase Freedom and hope the categories don't overlap (again, they usually don't), or the Citi DoubleCash just earns a straight 2% back on everything, all the time.
|
|
#
?
Apr 18, 2016 07:56
|
|
|
Luigi Thirty posted:I do a lot of commuting and want to squeeze the most cash back I can out of my gas purchases. My Discover card is one of those ones with the revolving cash back categories so I only get 5% back on gas for three months out of the year, it's 0.25% otherwise. What should I be looking at for a credit card? I don't have a balance to transfer and I'm not interested in churning. Do you drive near a Costco location with gas? The new Costco Visa will come with a permanent 4% cash back on gas, including at Costco stations, which usually don't qualify as gas stations for rewards. Annual fee will be a Costco membership ($55). If you're paying for your own gas, it's likely the best option, because Costco tends to be quite a bit cheaper than other gas stations. If you're working with an expense account, an evergreen 4% is still a pretty sweet deal.
|
|
#
?
Apr 18, 2016 15:11
|
|
|
Looking around at Amex cards, it looks like the Blue Cash Preferred is the go to card if you're looking mainly for cash back? I can deal with the $75/yr fee since it has better returns for gas/groceries than the card I've been using, plus the cell bill promotion and $150 back for 1k spend in the first 3 months is an easy target. one more general question: how late do you typically have to be on a CC payment before it shows up against you? I'd been paying my Citi Doublecash manually since I'd gotten it but blanked out last month thinking I was enrolled in autopay. As soon as I got an email I paid it off which was 2 days or so late but it's been a couple weeks and nothing seems to have showed up. baram. fucked around with this message at 23:36 on Apr 18, 2016 |
|
#
?
Apr 18, 2016 20:31
|
|
|
Luigi Thirty posted:I do a lot of commuting and want to squeeze the most cash back I can out of my gas purchases. My Discover card is one of those ones with the revolving cash back categories so I only get 5% back on gas for three months out of the year, it's 0.25% otherwise. What should I be looking at for a credit card? I don't have a balance to transfer and I'm not interested in churning. The Barclaycard SallieMae gets 5% back on gas year round: http://credit-cards.credio.com/l/310/Barclaycard-Sallie-Mae
|
|
#
?
Apr 18, 2016 21:03
|
|
|
Luigi Thirty posted:I do a lot of commuting and want to squeeze the most cash back I can out of my gas purchases. My Discover card is one of those ones with the revolving cash back categories so I only get 5% back on gas for three months out of the year, it's 0.25% otherwise. What should I be looking at for a credit card? I don't have a balance to transfer and I'm not interested in churning. I'll second the Amex Blue Cash Preferred as good for gas. The annual fee on that one is minimized for me from all the Amex offers for things I already spend money on. $10 off $50 at Wegmans on top of 6% grocery cashback? Yes, please. 10% back on phone bills up to $40 total? Yes, please.
|
|
#
?
Apr 18, 2016 21:42
|
|
|
Just got the terms and conditions on the upcoming Costco Visa, and its non-qualifying conditions for gas are perplexing (emphasis mine):quote:You week only earn 1% cash back, not 4%, for gas purchased at superstores, supermarkets, convenience stores and warehouse clubs other than Costco our for fuel use for non-automobile purposes. Am I interpreting that line correctly?
|
|
#
?
Apr 19, 2016 01:49
|
|
|
That might be something like a 7-11 gas station. A store that happens to have a gas station attached. Not a place like chevron, for example, which is a gas station with a store attached. But I'm just guessing.
|
|
#
?
Apr 19, 2016 02:19
|
|
|
khysanth posted:The Barclaycard SallieMae gets 5% back on gas year round:
|
|
#
?
Apr 19, 2016 03:43
|
|
|
SpelledBackwards posted:Just got the terms and conditions on the upcoming Costco Visa, and its non-qualifying conditions for gas are perplexing (emphasis mine): Most likely due to the idiot MSers.
|
|
#
?
Apr 19, 2016 04:37
|
|
|
baram. posted:one more general question: how late do you typically have to be on a CC payment before it shows up against you? I'd been paying my Citi Doublecash manually since I'd gotten it but blanked out last month thinking I was enrolled in autopay. As soon as I got an email I paid it off which was 2 days or so late but it's been a couple weeks and nothing seems to have showed up. Depends on what you mean by "shows up against you". If you mean "absolutely thrashes your FICO scores" then "30 days", though how each issuer counts these days is different (AmEx, for example, used to start counting on the statement date, so you could be a week past the due date and get the knock on your credit; they may have changed this after some backlash). If, instead, you mean "puts a mark on your file and makes you less likely for credit limit increases" then probably the instant your due date/time passes, though again this certainly varies with issuer.
|
|
#
?
Apr 19, 2016 06:40
|
|
|
SpelledBackwards posted:Just got the terms and conditions on the upcoming Costco Visa, and its non-qualifying conditions for gas are perplexing (emphasis mine): Most gas stations with a shop attached will code correctly as a gas station
|
|
#
?
Apr 19, 2016 18:02
|
|
|
in the time between looking at Amex cards yesterday afternoon and applying just now the bonus for spend $1k/3mo jumped from $150 to $250.  I didn't get accepted automatically though so I have to wait up to 14 days to hear back. 
|
|
#
?
Apr 19, 2016 18:37
|
|
|
baram. posted:I didn't get accepted automatically though so I have to wait up to 14 days to hear back. Call the recon line and see whats up. I feel like a good percentage of the time if you wait, it goes against you. It might just be an identity verification thing or something.
|
|
#
?
Apr 19, 2016 19:19
|
|
|
Baddog posted:Call the recon line and see whats up. I feel like a good percentage of the time if you wait, it goes against you. It might just be an identity verification thing or something. I mentioned this earlier in this thread: Amex had/has some "glitches" with their online app system a week ago or so and there may still be a queue for their system to go through. My app for blue cash preferred is still in limbo and I'm already an Amex customer with good credit history. Last I spoke to a CSR on Friday I was told to wait 24-48 hours. I'm going to call again tonight and see what's going on.
|
|
#
?
Apr 19, 2016 20:17
|
|
|
BeOSPOS posted:I mentioned this earlier in this thread: Amex had/has some "glitches" with their online app system a week ago or so and there may still be a queue for their system to go through. My app for blue cash preferred is still in limbo and I'm already an Amex customer with good credit history. Last I spoke to a CSR on Friday I was told to wait 24-48 hours. I'm going to call again tonight and see what's going on. ah poo poo I remember seeing this when skimming through the thread to catch up. I'll give them a call thanks. e: I just checked their online application status and that tells me I've been approved. yay! strange that I never got an email or anything about my application. baram. fucked around with this message at 21:43 on Apr 19, 2016 |
|
#
?
Apr 19, 2016 20:20
|
|
|
What actually qualifies as "travel" for the CSP card? Hotels? air/bus/train/uber tickets? What else?
|
|
#
?
Apr 19, 2016 20:44
|
|
|
Parking lots/garages and meters do
|
|
#
?
Apr 19, 2016 21:01
|
|
|
Bisty Q. posted:Sallie Mae is dead. Huh. I can't remember if I received any sort of notice in the mail about this. What happens to my card? Pretty sure I'm still getting the 5% back on groceries and fuel...
|
|
#
?
Apr 19, 2016 22:35
|
|
|
khysanth posted:Huh. I can't remember if I received any sort of notice in the mail about this. What happens to my card? Pretty sure I'm still getting the 5% back on groceries and fuel... I'm in the same boat. From what I've gathered, it is just closed to new applicants. At some point they may cut our rewards but I imagine there will be some sort of notice ahead of time. Until then just keep milking it because this card kicks rear end.
|
|
#
?
Apr 19, 2016 22:37
|
|
|
ilkhan posted:What actually qualifies as "travel" for the CSP card? Hotels? air/bus/train/uber tickets? What else? All that and more. Camping, parks fees, etc. It's pretty exhaustive.
|
|
#
?
Apr 19, 2016 22:59
|
|
|
If I want to transfer Chase Freedom points to a Chase Ink business card, but they are on different Chase accounts (Personal & Business) - is it as easy as going to Chase Freedom UR, "Add household member" and add my Chase Ink card and then transferring the points over? I don't want to combine my personal and business Chase account so I'm hoping this would be the easiest option to be able to transfer my Freedom points. Busy Bee fucked around with this message at 00:12 on Apr 20, 2016 |
|
#
?
Apr 20, 2016 00:05
|
|
|
ilkhan posted:What actually qualifies as "travel" for the CSP card? Hotels? air/bus/train/uber tickets? What else? Anything you'd think is associated with travel and then a bunch more.
|
|
#
?
Apr 20, 2016 04:14
|
|
|
Barry posted:Anything you'd think is associated with travel and then a bunch more. khysanth posted:All that and more. Camping, parks fees, etc. It's pretty exhaustive. wyoak posted:Parking lots/garages and meters do
|
|
#
?
Apr 20, 2016 06:52
|
|
|
If you're really curious they do publish a list somewhere.
|
|
#
?
Apr 20, 2016 13:37
|
|
|
wyoak posted:It's should be down to how Visa codes the merchant - you can use Visa's site to check: https://www.visa.com/supplierlocator/search/index.jsp Perfect, thank you. All my usual fuel haunts code as gas stations. Looks like this Visa will take the place of both my Costco Amex AND my Amazon Rewards card in my physical wallet as well since it's better than the Amazon card for all its reward categories except for groceries and Amazon.com itself.
|
|
#
?
Apr 20, 2016 13:42
|
|
|
khysanth posted:Huh. I can't remember if I received any sort of notice in the mail about this. What happens to my card? Pretty sure I'm still getting the 5% back on groceries and fuel... It's not DEAD dead.... Barclays SM just not accepting any new applications, and the card is basically in limbo. I have heard that they will be adjusting the % back, but as of yet its just in a holding position. So if you have one, you can still use it, but who knows for how long.
|
|
#
?
Apr 21, 2016 02:04
|
|
|
What experience do people have with transferring credit limits from one card by the same issuer to another? I just called Citi and asked if my Double Cash credit limit could be raised. After checking, she said she'd have to do a credit pull. I asked about moving off one of my other 6 cards and she said that would require a pull, too. Tangental question, when I close one of my cards, will Citi be open to taking that credit limit and applying it to a card I'm keeping open?
|
|
#
?
Apr 22, 2016 15:56
|
|
|
dexter6 posted:What experience do people have with transferring credit limits from one card by the same issuer to another? With Chase its pretty straight forward and I didn't even have to call - Just did it all over the secure message system. "Hey I don't use CC A, can you transfer some of the 20k limit to CC B which I use more often." And your last question, I don't think so. Once your card is closed it's closed.
|
|
#
?
Apr 22, 2016 15:58
|
|
|
Busy Bee posted:And your last question, I don't think so. Once your card is closed it's closed.
|
|
#
?
Apr 22, 2016 16:17
|
|
|
|
| # ? May 14, 2024 15:38 |
|
|
dexter6 posted:What experience do people have with transferring credit limits from one card by the same issuer to another? Like a lot of things with credit card rules it varies depending on the card issuer and even then it's not always consistent. Doctor of credit has a post with the rules for most major card issuers. http://www.doctorofcredit.com/rules-for-reallocating-your-credit-limit-with-each-credit-card-issuer/ For Citi it looks like they can do it if you're lucky enough to reach someone who knows how, but it usually requires a credit pull. Credit card issuers do keep track of your total credit limit across multiple cards from them to make sure they're not offering you too much credit, so closing one card can allow you to increase your limit on another if they're both from the same bank, but it's not a guarantee. Again for Citi specifically you should be able to request a CLI every 6 months without them pulling your credit. Doctor of Credit has a post for how to see if they need to pull your credit when applying for a credit line increase online. http://www.doctorofcredit.com/citi-now-more-transparent-when-requesting-a-credit-limit-increase/
|
|
#
?
Apr 22, 2016 16:34
|
|
