Author Topic: About to earn $150!  (Read 1491 times)

netskyblue

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About to earn $150!
« on: February 23, 2018, 02:25:10 PM »
I had a planned medical procedure done earlier this month that's going to get me to my deductible of $2000, so I thought I'd take advantage of the higher-than-usual spending by looking for credit card offers with a good sign up bonus.  I have a Chase Freedom card, but I didn't have the Freedom Unlimited card which is offering a sign up bonus of $150 for $500 spending in the first three months. (I was actually looking for something higher, but that was the best I could find for straight cash back - not interested in mileage/points.)

Applied online in < 5 minutes, approved with a $10,000 limit, will get my card within a couple weeks.  I'll actually probably switch to using that one for most things, as it's 1.5% cash back instead of 1%, and just use the regular Freedom card for things that fall within the quarterly 5% category.

I know some people close cards they are using for "churning" but that's a pretty good limit which should up my credit score some, once the initial hit for the hard inquiry falls away.

I never carry a balance, and I already have the funds for the medical procedure.

robtown

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Re: About to earn $150!
« Reply #1 on: February 23, 2018, 06:55:55 PM »
I got the Freedom Unlimited but the bonus is 15k points, not $150 cash.   Another 2500 points for getting my spouse a card.
In my case, this is preferred.  The points transfer to my Chase Reserved card, where they buy 1.5x on travel.  Effectively I get 2.25x travel for every dollar spent.

I had a planned medical procedure done earlier this month that's going to get me to my deductible of $2000, so I thought I'd take advantage of the higher-than-usual spending by looking for credit card offers with a good sign up bonus.  I have a Chase Freedom card, but I didn't have the Freedom Unlimited card which is offering a sign up bonus of $150 for $500 spending in the first three months. (I was actually looking for something higher, but that was the best I could find for straight cash back - not interested in mileage/points.)

Applied online in < 5 minutes, approved with a $10,000 limit, will get my card within a couple weeks.  I'll actually probably switch to using that one for most things, as it's 1.5% cash back instead of 1%, and just use the regular Freedom card for things that fall within the quarterly 5% category.

I know some people close cards they are using for "churning" but that's a pretty good limit which should up my credit score some, once the initial hit for the hard inquiry falls away.

I never carry a balance, and I already have the funds for the medical procedure.