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re: How to win at the points game?

Posted on 6/20/19 at 5:10 pm to
Posted by baldona
Florida
Member since Feb 2016
20635 posts
Posted on 6/20/19 at 5:10 pm to
quote:

. Since then I got the Ink Cash and 4 Ink Preferred. Ink Cash was 50k and by self referring each time for the Ink Preferred thats 80k+20k=100k/card.


Bruh, this is some pretty damn in depth hustling.

I don't understand though you are saying you are getting Multiple Ink preferred cards? I thought it was a one time thing?

For both business and personal, I have a ton of things that are on autopay: cable, HOA, etc. It would certainly be more than 10 minutes of my time, not to mention to cancel.

quote:

I put 4k-5k/month on credit cards.


And like I said, that's $60k a year on a card. Once you submit to a 401k, pay a mortgage, and all the other things that don't allow a CC payment then for the AVERAGE person you are looking at $150-200k/ year salary.

ETA: And, look, props to you. That's a job well done.

I pay $25,000+ a year in credit card fees for my business. So frick them. I need to step my game up I guess.
This post was edited on 6/20/19 at 5:14 pm
Posted by LSUDbrous90
Lafayette
Member since Dec 2011
1458 posts
Posted on 6/20/19 at 5:27 pm to
quote:

Bruh, this is some pretty damn in depth hustling.


Its really not that complicated haha

quote:

I don't understand though you are saying you are getting Multiple Ink preferred cards? I thought it was a one time thing?


Yep. Same name, SSN, etc. You can get as many as you want as long as you follow the rules above. Would do it until they change the rules.

quote:

For both business and personal, I have a ton of things that are on autopay: cable, HOA, etc. It would certainly be more than 10 minutes of my time, not to mention to cancel.


I assume you know this already but just making sure...you dont have to only use business card for business purchases. For low cost recurring items I dont switch it to the new card everytime. For example, Ink Cash has 5% on TV and internet so I just leave it on that card.

quote:

And like I said, that's $60k a year on a card. Once you submit to a 401k, pay a mortgage, and all the other things that don't allow a CC payment then for the AVERAGE person you are looking at $150-200k/ year salary.


Okay maybe its not 60k/year on cards because I only make a little more than that. My mortgage is only 1k/month. 401k can only be 18k/year and at my age im not going to sacrifice current life things to max it when I can do less and be fine. You don't need to make 150k much less even 100k to do this because I don't. The Ink preferred has one of the most "difficult" signup bonuses with 5k in 3 months. Thats $1600/month. Most adults can handle that.
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