you should be churning cards with that kinda spend.
Quote from: boarder42 on May 24, 2017, 08:55:04 AMyou should be churning cards with that kinda spend.meaning we should be changing our cards around during the year to achieve different bonuses? I haven't looked into this much to understand exactly how it works because it seems like a lot of work.
It's worth it to get the initial signup bonus even if you end up cancelling the card, which if you do within 30 days of when the fee hits they refund it. You can also call them in that 30 day window and downgrade to a different card that doesn't have an annual fee.
Quote from: BeanCounter on May 24, 2017, 09:00:06 AMQuote from: boarder42 on May 24, 2017, 08:55:04 AMyou should be churning cards with that kinda spend.meaning we should be changing our cards around during the year to achieve different bonuses? I haven't looked into this much to understand exactly how it works because it seems like a lot of work.Haha, what? Your alias is BeanCounter.... this should be right up your alley!
Quote from: dividendman on May 24, 2017, 09:04:26 AMQuote from: BeanCounter on May 24, 2017, 09:00:06 AMQuote from: boarder42 on May 24, 2017, 08:55:04 AMyou should be churning cards with that kinda spend.meaning we should be changing our cards around during the year to achieve different bonuses? I haven't looked into this much to understand exactly how it works because it seems like a lot of work.Haha, what? Your alias is BeanCounter.... this should be right up your alley!Oh it is. I'm just still in the 'stache building phase so full time jobs and kids eat up most my time!! 1-2 more years though and I can spend all the time I want counting my own beans instead of someone else's.
The $95/yr fee is waived for the first year, too. I got mine in February and I'll probably keep it past the first year as it's my only card that provides *primary* rental car coverage. If it didn't or I didn't care about that, I'd probably dump/downgrade it after year 1. It depends on how much value you derive from its (numerous but often narrowly appealing) benefits.