Author Topic: New round of CC sign ups  (Read 9345 times)

frugalnacho

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New round of CC sign ups
« on: November 22, 2017, 10:53:41 PM »
I'm going to be having about $8-10k  of spending happen in December/January, so I figure it's a good time to sign up for more credit cards.  When I search for the best sign up bonuses, all the lists are for points offers instead of cash back*.  I don't have any vacation plans in the near future so I don't know if I want to mess around with bonus points and trying to cash them in for travel.  I did the CSR about a year ago so I'm ineligible for that or any sapphire bonuses.

* Like this https://www.doctorofcredit.com/best-current-credit-card-sign-bonuses/

Most of the sites seem to not list the smaller minimum spends like the chase freedom/unlimited, quicksilver by capital one, or barclaycard cashforward which give bonuses of $150, $200, and $150 respectively.  All have no annual fee.

If I sign up for all 3, and my wife does the same, we will have a total minimum spend of $4,000, and will get $1,000 in sign up bonuses and $60 from actual cash back.  $1,060 back on $4k is 26.5% cash back total, and we'll meet the spend for all cards with one transaction.  This seems like a better deal than most of the "best cards" on the lists with high minimum spends and points instead of cash back.

We don't have any capital one or barclay accounts so I assume we'll qualify for those cards no problem.  The chase I am less confident about as we've been churning several chase cards in the last year.

Why are the small bonuses (and small minimum spend) not listed as frequently?  They seem like a really good return.  Any reason I should not sign up for all these cards?  We will still have $4-6k worth of spending (in addition to our normal spending) even after meeting the minimum requirements for the 6 cards listed.  Any other cards I should consider signing up for?


Paul der Krake

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Re: New round of CC sign ups
« Reply #1 on: November 23, 2017, 12:19:56 AM »
For people who do this seriously and read DoC, the number of cards you can open is the true limiting factor, not meeting minimum spend. Small spending requirements are nice, but not enough to go for a $150 signup bonus when there are offers in the $500-1000 range. Opportunity cost and all that.

$1000 of value is a horrendous return for giving up 6 card slots.

Also, CapOne and Barclays are finicky as hell. Every issuer is different and has their own rules.

HawkeyeNFO

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Re: New round of CC sign ups
« Reply #2 on: November 23, 2017, 08:41:05 AM »
DoC is the right place to start.  $500 bonus or equivalent is pretty easy to find these days.  Meeting the minimum spending can be accomplished via several "manufactured spending" methods within just a couple of days.
« Last Edit: November 23, 2017, 08:44:26 AM by HawkeyeNFO »

Catbert

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Re: New round of CC sign ups
« Reply #3 on: November 23, 2017, 10:40:05 AM »
This is a case of "follow the money."

Doctor of Credit doesn't accept any credit card affiliates so no one is paying him to talk about particular cards.  Everyone else makes their money from the credit card companies.  Chase apparently pays the most so...followed by Citi and Amex.  (Not sure of the real order).

Edited to add:  The Points Guy use to really be *a guy*.  Now its owned by Bankrate. 

 
« Last Edit: November 23, 2017, 10:43:52 AM by Catbert »

frugalnacho

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Re: New round of CC sign ups
« Reply #4 on: November 23, 2017, 06:31:02 PM »
For people who do this seriously and read DoC, the number of cards you can open is the true limiting factor, not meeting minimum spend. Small spending requirements are nice, but not enough to go for a $150 signup bonus when there are offers in the $500-1000 range. Opportunity cost and all that.

$1000 of value is a horrendous return for giving up 6 card slots.

Also, CapOne and Barclays are finicky as hell. Every issuer is different and has their own rules.

Number of cards?  You mean with specific issuers?  I was under the impression I could have an infinite number of cards so long as I don't hit the limit with any issuer.  I've done the Chase sapphire reserve and IHG, and I already have a couple of other chase accounts, so I don't think I can get any more from chase.  I know I can't get the sapphire preferred, and I have the chase freedom, so the only one still available that chase might approve me for is the freedom unlimited.

I don't have any capital one or barclay accounts.  I don't know what them being finicky means.  Will they not approve me if I have a ton of CC from different issuers?

I get what you are saying about the opportunity cost of using 6 slots, but what what is my actual opportunity cost?  What am I giving up from barclay or capital one?  I don't even see any capital one cards on the list.  I see a couple barclay, but they are points/miles and I have no idea on the value of the redemption.  I also have no vacations planned so I'm not sure how I will use those bonuses up.

frugalnacho

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Re: New round of CC sign ups
« Reply #5 on: November 23, 2017, 06:33:14 PM »
DoC is the right place to start.  $500 bonus or equivalent is pretty easy to find these days.  Meeting the minimum spending can be accomplished via several "manufactured spending" methods within just a couple of days.

I don't think I want to mess around with manufactured spending.  I already have about a dozen cards, and since I'm going to have an additional $8-10k of spending in about a month I figured it's a good time to get some more and legitimately qualify for all the sign up bonuses I can.

Paul der Krake

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Re: New round of CC sign ups
« Reply #6 on: November 23, 2017, 06:45:48 PM »
Most issuers will deny you if they see too many accounts opened recently, regardless of who issued the other accounts. Some issuers have strict rules on this, some not so strict. As everything with this hobby, YMMV.

frugalnacho

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Re: New round of CC sign ups
« Reply #7 on: November 23, 2017, 07:07:57 PM »
Most issuers will deny you if they see too many accounts opened recently, regardless of who issued the other accounts. Some issuers have strict rules on this, some not so strict. As everything with this hobby, YMMV.

I've done a couple product changes recently, and opened 2 new accounts in July/August.  No other accounts opened since the last round about 13 months ago.

ducky19

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Re: New round of CC sign ups
« Reply #8 on: November 23, 2017, 07:22:09 PM »
Have you considered any of the AmEx Membership Rewards cards? The points can be used for cash back, or you can transfer them to other points/miles at a 1:1 ratio. When I apply for several cards at the same time, I literally do it at the same time - different browsers, have them all ready to submit at the same time and hit "Submit" in rapid sequence. This lowers the chance of them picking up on recent inquiries. Good luck!

kpd905

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Re: New round of CC sign ups
« Reply #9 on: November 23, 2017, 08:55:51 PM »
You said you already had the Sapphire reserve, but has your wife?  I would grab a Sapphire Preferred for her if she hasn't had one yet.  Another good one is the Amex Business rewards gold, which gives 50k Amex MR points for spending $5k.

frugalnacho

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Re: New round of CC sign ups
« Reply #10 on: November 23, 2017, 10:43:52 PM »
You said you already had the Sapphire reserve, but has your wife?  I would grab a Sapphire Preferred for her if she hasn't had one yet.  Another good one is the Amex Business rewards gold, which gives 50k Amex MR points for spending $5k.

yes we both did

Rural

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Re: New round of CC sign ups
« Reply #11 on: November 24, 2017, 05:10:55 AM »
I'm in a similar situation. Anyone know a good site to look a points to cash back conversions for a number of different cards?

secondcor521

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Re: New round of CC sign ups
« Reply #12 on: November 24, 2017, 10:40:07 AM »
PTF.

Catbert

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Re: New round of CC sign ups
« Reply #13 on: November 24, 2017, 11:18:10 AM »
For those who may be looking for more  obscure credit cards with bonuses look at this Doctor of Credit spreadsheet;

https://www.doctorofcredit.com/spreadsheet-current-recent-credit-card-signup-bonuses-major-issuers/

It lists *all* the publically available bonuses as well as the recent highest bonus on the card so you can assess whether to get or wait for a better offer.

frugalnacho

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Re: New round of CC sign ups
« Reply #14 on: November 24, 2017, 04:05:23 PM »
For those who may be looking for more  obscure credit cards with bonuses look at this Doctor of Credit spreadsheet;

https://www.doctorofcredit.com/spreadsheet-current-recent-credit-card-signup-bonuses-major-issuers/

It lists *all* the publically available bonuses as well as the recent highest bonus on the card so you can assess whether to get or wait for a better offer.

Wow that lists A LOT of cards.

ducky19

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Re: New round of CC sign ups
« Reply #15 on: November 24, 2017, 04:41:15 PM »
Yeah, people tend to focus on the top card companies without realizing there are literally thousands of credit cards out there from hundreds of different issuers. I got a $100 cash back bonus from a Huntington Bank card after spending $500. There are plenty of others out there like this one.

frugalnacho

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Re: New round of CC sign ups
« Reply #16 on: November 24, 2017, 07:52:21 PM »
Part of my motivation is also to acquire cards to sell tradelines on.  Of my dozen or so accounts only 2 are eligible for selling tradelines. 

kpd905

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Re: New round of CC sign ups
« Reply #17 on: November 25, 2017, 06:15:44 AM »
Part of my motivation is also to acquire cards to sell tradelines on.  Of my dozen or so accounts only 2 are eligible for selling tradelines.

In that case you'd be looking at Citi, Barclays, Discover, and Bank of America.

Barclays Arrival+ currents gives 40,000 points after spending $3k, ends up being about $480 toward travel after accounting for the spend and 5% back on redemptions: http://www.findmybarclaycard.com/barclaycard-credit-cards/?campaignId=2277&cellNumber=6&referrerid=AMOPSGGLBR&s_kwcid=AL!5187!3!222366740100!e!!g!!barclays%20arrival&ef_id=WY5UDwAAAmXMaoOZ:20171125122903:s

Citi Premier currently gives 50,000 after spending $4k: https://www.doctorofcredit.com/citi-thankyou-premier-50000-points-bonus-now-available-online/

Bank of America Premium Rewards card gives $500 after spending $3k.  Additionally, if you hold investments in Merrill Lynch, you can get 3.5% back on travel and dining, and 2.625% back on everything else.  https://www.bankofamerica.com/credit-cards/products/premium-rewards-credit-card/

The Discover It Miles card normally gives 1.5% back, but your first year they will double it to 3%.  However, there is no signup bonus with this card.  https://www.discover.com/credit-cards/travel/

frugalnacho

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Re: New round of CC sign ups
« Reply #18 on: November 25, 2017, 01:17:16 PM »
Ok new plan.  In order to take advantage of promotional discount I need to make payment by December 2.  My spending will be about $4,200 (will have additional ~$4,700 to pay but not until Jan-Feb).  I currently get 6% back on groceries, 4% on gas, 3% on dining, and 2% on everything else.  Some rotating categories are 5% (which is doubled to 10% for the discover card, currently for amazon and target).  I don't have a very large travel budget, and also have a 4 week old infant, so I'm not sure how much travel is in my 1 year horizon.  I don't know if I'll really utilize the travel portion.  But given the time line I am going to apply today.

Part of my motivation is also to acquire cards to sell tradelines on.  Of my dozen or so accounts only 2 are eligible for selling tradelines.

In that case you'd be looking at Citi, Barclays, Discover, and Bank of America.

Barclays Arrival+ currents gives 40,000 points after spending $3k, ends up being about $480 toward travel after accounting for the spend and 5% back on redemptions: http://www.findmybarclaycard.com/barclaycard-credit-cards/?campaignId=2277&cellNumber=6&referrerid=AMOPSGGLBR&s_kwcid=AL!5187!3!222366740100!e!!g!!barclays%20arrival&ef_id=WY5UDwAAAmXMaoOZ:20171125122903:s

Citi Premier currently gives 50,000 after spending $4k: https://www.doctorofcredit.com/citi-thankyou-premier-50000-points-bonus-now-available-online/

Bank of America Premium Rewards card gives $500 after spending $3k.  Additionally, if you hold investments in Merrill Lynch, you can get 3.5% back on travel and dining, and 2.625% back on everything else.  https://www.bankofamerica.com/credit-cards/products/premium-rewards-credit-card/

The Discover It Miles card normally gives 1.5% back, but your first year they will double it to 3%.  However, there is no signup bonus with this card.  https://www.discover.com/credit-cards/travel/

What exactly counts as a "qualifying travel purchase" for Barclays?  If I redeem 40,000 miles for cash it's only $200, if I redeem for a qualifying travel purchase it's valued at $400. I don't anticipate traveling much in the next year.  Can I purchase airline gift cards and redeem my points towards that purchase?  I'll cancel or downgrade after the first year due to the annual fee.

The citi would essentially be 50,000 points.  Can I just redeem that for cash? I probably won't keep it past 1 year due to the $95 annual fee.  What's so great about this card/offer? What am I missing?

What's so great about any of these cards really (given my circumstances)? None of them seem nearly as lucrative as the CSR, unless I'm over looking something.  Will I be shooting myself in the foot if I apply for 3 of the lower minimum spends (but much higher reward/spend ratio) like my original plan*?  I realize I may be preventing myself from qualifying for something in the near future, but I don't plan to make any major travel plans so I'm afraid I won't be churning again in the foreseeable future.  I'm also afraid of putting my eggs into one basket and that card not arriving by saturday - at which point I'll end up having to put the full balance on one of my regular spend CC at 2%.   If I apply for several I think I got a good chance of at least one if not more arriving this week for me to use.  Plus it will get more tradeline accounts to start aging.

*To partially answer my own question, I will probably shoot myself in the foot by applying for another chase card.  I already have several and would like to churn the CSR or CSP when I am eligible again, so I think I should bypass the $150 bonus and wait for the much better CSP bonus.
« Last Edit: November 25, 2017, 01:20:20 PM by frugalnacho »

kpd905

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Re: New round of CC sign ups
« Reply #19 on: November 25, 2017, 03:19:04 PM »

What's so great about any of these cards really (given my circumstances)? None of them seem nearly as lucrative as the CSR, unless I'm over looking something. 

Well they each give you $400-500 per card.  If you are worried about staying under 5/24 for Chase, getting a bunch of smaller bonus cards will not allow you to get Chase cards in the near future.  Also, you don't want to grab Chase cards for tradeline sales, because they don't just close a card if they aren't happy with you, they close all of your accounts and probably blacklist you.

frugalnacho

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Re: New round of CC sign ups
« Reply #20 on: November 25, 2017, 03:24:11 PM »

What's so great about any of these cards really (given my circumstances)? None of them seem nearly as lucrative as the CSR, unless I'm over looking something. 

Well they each give you $400-500 per card.  If you are worried about staying under 5/24 for Chase, getting a bunch of smaller bonus cards will not allow you to get Chase cards in the near future.  Also, you don't want to grab Chase cards for tradeline sales, because they don't just close a card if they aren't happy with you, they close all of your accounts and probably blacklist you.

Yea i Don't want the chase for tradelines.  I do want the CSP once I am eligible again.

They give $400-500, but only if used for travel.  If I don't travel in the next year, how good of a bonus is it really? I did find that Barclays will count it as travel if I purchase a Delta gift card so I can do that and just keep it for future use, but I'll probably cancel the card before I have a major vacation

Debts_of_Despair

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Re: New round of CC sign ups
« Reply #21 on: November 25, 2017, 04:18:12 PM »
CSP is $500 cash.  $625 if used for travel booked through UR portal.

kpd905

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Re: New round of CC sign ups
« Reply #22 on: November 25, 2017, 05:22:04 PM »
CSP is $500 cash.  $625 if used for travel booked through UR portal.

Or ~$740 if the miles are sold through a miles broker.

frugalnacho

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Re: New round of CC sign ups
« Reply #23 on: November 25, 2017, 06:57:55 PM »
Am I even going to receive a card by next saturday if I apply tonight?  I'm afraid this shortened time frame is going to bone me.

kpd905

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Re: New round of CC sign ups
« Reply #24 on: November 25, 2017, 07:05:03 PM »
Certain companies will provide expedited shipping if you ask.  Some of them do charge for this.  Here is a list: https://www.doctorofcredit.com/which-credit-card-issuers-offer-expedited-shipping/

bryan995

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Re: New round of CC sign ups
« Reply #25 on: November 25, 2017, 07:11:04 PM »
Have you signed up for a business card yet?

You don't need to have a business, only a "business". e.g. you occasionally sell things on craigslist/ebay.

For instance, my wife and I recently each opened a Chase Ink Preferred card by registering our "businesses" as a sole proprietorship.  We reported business income of ~2000/yr.   We are currently working our way through the minimum spend of 2 x CIP, 1 x SPG biz, 2 x JetBlue Plus.  After this we will shoot for 2 x SPG personal, 2 x CIC, 1 x double dip on CSP/CSR, and then who knows what else.

I think the CIP may be a great card for you, but it does require you both to be < 5/24 with chase.

It is incredibly easy to route everything single item of organic spend you have through a CC now-a-days. We use venmo and plastiq quite a bit to pay rent/taxes/utilities etc.  Don't MS very much at all (besides funding a 529 through GoC gift cards for our newborn, if that counts).

The current CIP deal is spend $5000/3months and get 80,000 UR points ($800 cash), or 1.25x or 1.5x (if you have CSR) travel.  Or you can try for an in-branch only offer (through BRM) of spend $5000/3months (I didn't bother with this - it seemed like too much hassle)

You can absolutely get the card within 2-3 days, simply call in after you are approved and ask for the card to be expedited.

Buisness cards are great because 1) They do not take up a personal card slot 2) For most people, they are a source of untapped (big) bonuses.  It is an art form to optimize the ordering of CC sign-up-bonuses :)

Should you decide to go for the Ink Preferred (CIP), if you go through a referral link, then the person who referred you gets an extra 20,000UR. I am sure anyone here would be grateful for you to go through them (myself included!), and then you yourself refer your wife to get an extra 20K (exactly what I ended up doing).  So you will spend $10k and receive 180,000 UR ($1800 cash or $2700 in travel with CSR)

Chase has this new (one sapphire rule), where they only let you hold 1 chase personal sapphire product (preferred / reserve).  But there is a trick where if you have niether, you can apply for both a preferred (CSP) and a reserve (CSR) in the same business day and get approved for both.

https://www.reddit.com/r/churning/ is the ultimate resource. good luck!
« Last Edit: November 25, 2017, 07:33:15 PM by bryan995 »

frugalnacho

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Re: New round of CC sign ups
« Reply #26 on: November 25, 2017, 07:44:37 PM »
Certain companies will provide expedited shipping if you ask.  Some of them do charge for this.  Here is a list: https://www.doctorofcredit.com/which-credit-card-issuers-offer-expedited-shipping/

I've read that amex and capital one offer you instant access to your account number so you can use it before you physically get the card.  I want a capital one account anyway, so I may just do that.

frugalnacho

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Re: New round of CC sign ups
« Reply #27 on: November 25, 2017, 07:46:08 PM »
Have you signed up for a business card yet?

You don't need to have a business, only a "business". e.g. you occasionally sell things on craigslist/ebay.

For instance, my wife and I recently each opened a Chase Ink Preferred card by registering our "businesses" as a sole proprietorship.  We reported business income of ~2000/yr.   We are currently working our way through the minimum spend of 2 x CIP, 1 x SPG biz, 2 x JetBlue Plus.  After this we will shoot for 2 x SPG personal, 2 x CIC, 1 x double dip on CSP/CSR, and then who knows what else.

I think the CIP may be a great card for you, but it does require you both to be < 5/24 with chase.

It is incredibly easy to route everything single item of organic spend you have through a CC now-a-days. We use venmo and plastiq quite a bit to pay rent/taxes/utilities etc.  Don't MS very much at all (besides funding a 529 through GoC gift cards for our newborn, if that counts).

The current CIP deal is spend $5000/3months and get 80,000 UR points ($800 cash), or 1.25x or 1.5x (if you have CSR) travel.  Or you can try for an in-branch only offer (through BRM) of spend $5000/3months (I didn't bother with this - it seemed like too much hassle)

You can absolutely get the card within 2-3 days, simply call in after you are approved and ask for the card to be expedited.

Buisness cards are great because 1) They do not take up a personal card slot 2) For most people, they are a source of untapped (big) bonuses.  It is an art form to optimize the ordering of CC sign-up-bonuses :)

Should you decide to go for the Ink Preferred (CIP), if you go through a referral link, then the person who referred you gets an extra 20,000UR. I am sure anyone here would be grateful for you to go through them (myself included!), and then you yourself refer your wife to get an extra 20K (exactly what I ended up doing).  So you will spend $10k and receive 180,000 UR ($1800 cash or $2700 in travel with CSR)

Chase has this new (one sapphire rule), where they only let you hold 1 chase personal sapphire product (preferred / reserve).  But there is a trick where if you have niether, you can apply for both a preferred (CSP) and a reserve (CSR) in the same business day and get approved for both.

https://www.reddit.com/r/churning/ is the ultimate resource. good luck!

I do not have any business accounts.   I thought I had until late december to meet the spend requirements, so I am feeling a bit rushed right now.  My head is spinning going through all these options.

frugalnacho

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Re: New round of CC sign ups
« Reply #28 on: November 25, 2017, 08:45:54 PM »
I think I'm just going to get a capital one and barclay card with low spend limit and lower rewards.  I won't be able to take advantage of any of the travel cards right now, so I'll save them for another day.  I know I'm going to end up leaving some bonus on the table but I'm tired of trying to figure out the best strategy to get maximum rewards.  And at this point I'm afraid I won't have the cards in time for this purchase anyway.

EDIT:  My wife also has the delta skymiles card so she can send me a referal and get 10,000 points.  I can get 60,000 points.  Seems like a decent deal to get 70k points worth $700.
« Last Edit: November 25, 2017, 09:07:43 PM by frugalnacho »

frugalnacho

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Re: New round of CC sign ups
« Reply #29 on: November 25, 2017, 09:51:46 PM »
I opened 3 windows to apply for all cards simultaneously.

Amex skymiles - Approved with $11.5k limit.  I'll put $3000 spend on it and get my 60k points, and my wife will get 10k points.  I'll also purchase a $50 delta gift card to get the $50 credit within the first 3 months.  I got my account number immediately so I should be able to use it.  Hopefully the office won't have a problem with me saying I don't physically have my card...but here are my numbers.  I assume they can take payment over the phone though, so it hopefully won't be an issue.

Capital one quicksilver - denied.  They will send a letter explaining why.  800+ credit score, no mortgage, very little debt, very few recent cards opened, and no cards with capital one. I guess they are finicky.  I can't imagine how I could look much better on paper.  Unless they flagged me as a churner.  "barely any debt, but a dozen cc accounts?! that asshole just wants to churn us.  DENIED".  I'm sure their letter will explain it much more PC.

Barclays cashforward - approved for $7k limit.  I'll put my $1k required spend on and get my $200 cash bonus (If i get the card in time!).  Then I'll likely stuff it in the sock drawer and just keep it around to have an active barclays account.  If I don't get the card in time I'll just use it in January for the remainder of the charges.

rosarugosa

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Re: New round of CC sign ups
« Reply #30 on: November 26, 2017, 04:56:21 AM »
We just got an Amex card that will give us 50,000 points after we spend $2000 in 3 months.  The points options include Home Depot gift cards, so that is what we'll be doing with our points.  We did this once before, and we had no problem using up $500 in HD gift cards over time.  There are many other gift card options, but this feels the most cash-like in that we are converting the points into practical necessities.

kpd905

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Re: New round of CC sign ups
« Reply #31 on: November 26, 2017, 05:28:54 AM »
Frugalnacho, if you call Capital One and ask if they need more info you may be able to get approved and get your card in time for this spending. 

Rosarugosa, I just sent you a PM telling how you can get about $640 for your 50k Amex points instead of $500 by going through a miles broker.

frugalnacho

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Re: New round of CC sign ups
« Reply #32 on: April 27, 2021, 12:27:29 PM »
I opened 3 windows to apply for all cards simultaneously.

Amex skymiles - Approved with $11.5k limit.  I'll put $3000 spend on it and get my 60k points, and my wife will get 10k points.  I'll also purchase a $50 delta gift card to get the $50 credit within the first 3 months.  I got my account number immediately so I should be able to use it.  Hopefully the office won't have a problem with me saying I don't physically have my card...but here are my numbers.  I assume they can take payment over the phone though, so it hopefully won't be an issue.

Capital one quicksilver - denied.  They will send a letter explaining why.  800+ credit score, no mortgage, very little debt, very few recent cards opened, and no cards with capital one. I guess they are finicky.  I can't imagine how I could look much better on paper.  Unless they flagged me as a churner.  "barely any debt, but a dozen cc accounts?! that asshole just wants to churn us.  DENIED".  I'm sure their letter will explain it much more PC.

Barclays cashforward - approved for $7k limit.  I'll put my $1k required spend on and get my $200 cash bonus (If i get the card in time!).  Then I'll likely stuff it in the sock drawer and just keep it around to have an active barclays account.  If I don't get the card in time I'll just use it in January for the remainder of the charges.

Necro bump.  We did purchase the $50 non expiring gift cards to use the travel credit before downgrading the card to the free option.  Life was nuts with a new baby for a couple of years, then the pandemic hit, so we haven't travelled by plane since 2017. 

Just received a letter from Delta about the unused gift card which says we have to fill out their form and respond by mail or they will turn it over to the state of michigan unclaimed property fund.  They didn't include a return envelope so I have to supply my own envelope and postage to tell delta we still have the gift card (not a physical card, it's digital only, and can only be redeemed through delta) and for them not to turn the balance over.  Kind of irks me that I have to go buy a stamp and spend time completing and mailing their form in order for them not to "expire" my non expiring gift card.

bacchi

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Re: New round of CC sign ups
« Reply #33 on: April 27, 2021, 12:53:58 PM »
Just received a letter from Delta about the unused gift card which says we have to fill out their form and respond by mail or they will turn it over to the state of michigan unclaimed property fund.  They didn't include a return envelope so I have to supply my own envelope and postage to tell delta we still have the gift card (not a physical card, it's digital only, and can only be redeemed through delta) and for them not to turn the balance over.  Kind of irks me that I have to go buy a stamp and spend time completing and mailing their form in order for them not to "expire" my non expiring gift card.

Doesn't it just turn to cash if it goes to the state unclaimed property fund? Wait a bit, apply for your money, and then get a check from the state.

frugalnacho

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Re: New round of CC sign ups
« Reply #34 on: April 27, 2021, 12:56:35 PM »
I have no idea, but the gift card is only redeemable through delta.  Getting it in cash from the state would be the best outcome, but I'm afraid of it just getting lost in the mix and getting nothing for it.