Author Topic: Next credit card  (Read 4918 times)


  • Stubble
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Next credit card
« on: April 01, 2015, 09:10:23 PM »

We're not a serious credit card hacking family, but I'm happy to switch to get a good bonus on things I'm buying anyways. In reverse chronological order, we we did

- Chase Ink Plus (me, open): 50k points on 5k in three months. This was a stretch, but we had some medical bills from December that we knew we would pay, so we signed up Jan 1. Hit our minimum spend this month for the bonus, will cancel when the money is in my pocket.
- Sapphire Preferred (wife,open closed): canceled in January when we started the Ink card.
- Chase Freedom (me, open): still open but never use. Keep our eyes open for 5% deal on gas, otherwise ignore.
- Priceline (me, open): had a work re-reimbursed trip last year. Haven't used it since. Should probably cancel as well to capture sign up bonus later.
- Sam's mastercard (wife, open): good gas reward, shop at Sam's once a month (really twice as often as not). Focus on bulk staples: flour, oil, produce. No costco in area.
- Sapphire Preferred (me, open): started about 2 years ago, downgraded to regular sapphire when the anniversary came up. Closing it will be an action item tomorrow.
- Amazon visa (me, open): We end up buying a lot from AMZN. My student prime membership gives them an advantage.
- Target visa (wife, open): 5% at Target is always useful. Don'tWe always price check against think this offers sign up bonus.

Credit scores: 770+ me, 800+ wife.

We're not planning any trips, so mileage cards are not very attractive.

I've been thinking about the Citi Thankyou Premier, as it has a lot of points for sign up, but I'm not sure the points are useful.

Also thinking about some low spend, low reward options while we wait for the higher reward items to become eligible again (e.g. sapphire).


  • 5 O'Clock Shadow
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Re: Next credit card
« Reply #1 on: April 02, 2015, 05:43:59 AM »
I had the Citi Thank You Preferred card recently.  Got 30k points for $2k spend in 4 months.  Not sure how this differs from the Premier.  I was able to convert the points into gift cards for Lowe's (30k points = $300 in gift cards) where I'll be needing to make some purchases in the near future.  I was hoping to convert to cash but it looks like you only get about 75 cents on the dollar doing it this way (30k points = $225 in statement credits).  So if there's anything you need to purchase from stores for which they offer gift cards, I'd say go for it.

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Re: Next credit card
« Reply #2 on: April 02, 2015, 06:59:04 AM »
I just sent in a pre-approved reply form to get a TD Bank Cash Rewards Visa.  I'll get a $200 statement credit for spending just $500 in the first 90 days, and 5% cash back on just about everything for my first 6 billing cycles.

This will be just my 2nd cash bonus card.  The first was a US Bank/Kroger Mastercard that got me a $75 Kroger gift card for spending just $200 in the first 30 days.

I hope for many more going forward.  Free money is always welcome!


  • Bristles
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Re: Next credit card
« Reply #3 on: April 02, 2015, 07:11:14 AM »
US Bank Cash Plus card - no annual fee, 5% cash back on two categories you select on up to $2K/quarter.
$100 cash back after $500 in purchases in the first 90 days.
You can apply here (this is not a referral link, so I'm not profiting here):


  • Bristles
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Re: Next credit card
« Reply #4 on: April 02, 2015, 07:33:25 AM »
I'm going to have to talk to DH about this... we froze our credit a couple of years ago to avoid any kind of identity theft since we knew we wouldn't be opening any new accounts.  These credit card deals just sound too good to pass up, especially since we pay them off every month.  We've been currently using our Amazon Visa to get points off Amazon purchases but we also have a Marriott Visa.  When I used that card for business expenses, we got a TON of points (spending $3K-$12K per month) but once we got the company credit card (they figured out they could get the points instead!), we kind of quit using it.  I don't remember the last time we had to pay for a hotel room.


  • Magnum Stache
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Re: Next credit card
« Reply #5 on: April 02, 2015, 09:56:43 AM »
Our current lineup:
Sallie Mae card: 5% back on gas, groceries, and bookstores (including Amazon).
Chase Freedom: 5% back on rotating categories
Discover: 5% back on rotating categories
Citi Double Cash: 2% back on everything else

We could probably do better by playing the sign-up bonus game, but the above set gives a very nice overall cash back percentage.


  • 5 O'Clock Shadow
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Re: Next credit card
« Reply #6 on: April 02, 2015, 10:53:58 AM »
tap into redbird / target amex refill cards.. you can refill them with a credit card at any target store in america and they are considered a target payment so you will accrue points.. max load per month is 5k each card but i have a card for me and my SO so thats 10k that goes into refilling the card and thats 10k in points a month easy. Not including normal bills and stuff  i pay for. You can refill the card with your credit card then pay all your bills with that card such as rent/mortgage, car loans, credit cards all for no extra fees. I thought it would be a difficult process but its very simple and straight forward


  • Stubble
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Re: Next credit card
« Reply #7 on: April 03, 2015, 02:18:00 PM »
+ 1 Discover

Mine is 2% cash back all categories. 5% in rotating categories.

Also if you tend to do online shopping a lot and use their Discover Deals they offer up to 5-10% cash back for different merchants. When you are ready to check out you just go to your online Discover account and click on the link and they redirect you to the merchant's site. This gets especially high usually around the holidays where a lot of merchants offer 10%-15%. I save a lot of my purchases for when I see the higher cash back promotions.

You can redeem the cash back on Amazon too. I use the cash back to cover all my prime purchases.