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re: Credit Card Rewards and Points Discussion

Posted on 10/21/15 at 7:27 pm to
Posted by Civildawg
Member since May 2012
10474 posts
Posted on 10/21/15 at 7:27 pm to
Wow, had no idea about the once in a lifetime signup bones. That's pretty crazy
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/21/15 at 7:51 pm to
quote:

Wow, had no idea about the once in a lifetime signup bones. That's pretty crazy



Ya, believe it or not the execs of these CC programs get together and do interviews and stuff.

An exec from another bank program lamented to the Amex exec that he had an Amex Starwood or something 15 years ago, and was surprised he didn't get the signup bonus
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32839 posts
Posted on 10/22/15 at 7:32 pm to
In this thread's experience, what's an average limit on a Barclaycard Arrival+? I was instantly approved online last night, but was fairly surprised to only see a $5k limit on it considering the limits I've gotten from Chase. Not that it matters. Just curious.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 10/23/15 at 7:22 am to
My limits with Barclay are always way less than those with Chase or Citi. I have no idea what criteria they use to set limits because they don't seem to adhere to the same models as the others.
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/23/15 at 9:50 am to
Yup,

Chase and Citi throw around 5 figures easy.

Barclay's hasn't reached 5 figures for my wife nor I
Posted by Creamer
louisiana
Member since Jul 2010
2817 posts
Posted on 10/23/15 at 11:00 am to
My barclay us air card was in 5 figures for my wife and I.
Posted by Big Saint
Houston
Member since May 2009
1464 posts
Posted on 10/23/15 at 11:38 am to
Yeah I got the US air and the citi AA card earlier this year and got 5 figure limits on each both within $500 of each other.
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/23/15 at 1:06 pm to
quote:

My barclay us air card was in 5 figures for my wife and I.



Was it $25,000 5 figures like Chase does?
Posted by Creamer
louisiana
Member since Jul 2010
2817 posts
Posted on 10/23/15 at 2:23 pm to
I think it was around $18k.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 10/23/15 at 4:37 pm to
My two Barclays US Air cards are 15 and 12. My arrival plus was 13.
My chase cards go from 5 to 27.

Southwest seems to give really high limits for their cards.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32839 posts
Posted on 10/26/15 at 8:25 am to
How much longer until we bring out the pitchforks over Mint still not being able to update with Chase after a week
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/26/15 at 9:43 am to
Mine updated over the weekend.

However, right now only my business account is updating.

I read some work around may work so I'll report back in a minute

ETA:

Well, either this was happenstance or it worked. My control failed to be a control so I don't know

The "fix" is to go to your account at Chase.
Go to Customer Center at the top.
Scroll down to Reference Center and click Activate Quicken, etc.

I attempted to update my accounts before doing this and my personal accounts weren't updating, so I did this procedural on my personal account and not my wife's, however, after doing it, both hers and my account updated so I can't tell you if it worked or not.
This post was edited on 10/26/15 at 9:50 am
Posted by Delacroix
Member since Oct 2008
4035 posts
Posted on 10/26/15 at 10:13 am to
Any rec's for a newb to mileage cards?

I dont fly much but Ill be booking a trip in July for my honeymoon.

Im used to only having cash back rewards and Im not too familiar with air miles. Do I need certain cards for certain ailines? Also can I redeem those miles at anytime?
This post was edited on 10/26/15 at 10:13 am
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6887 posts
Posted on 10/26/15 at 11:02 am to
I got the venture card, it gives you double miles and just reimburses you on your purchases. pretty simple
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/26/15 at 11:04 am to
quote:

I got the venture card, it gives you double miles and just reimburses you on your purchases. pretty simple



You should cancel this card once you use up the points you have accumulated.

Venture is essentially a 2% cash back card. There are a few cards out there now that give 2% cash back and have no annual fee, like the Citi Double Cash and the Fidelity Amex.

Paying $59 a year for 2% cash back is a junk product now. I'd only recommend getting this card to for the $400 sign up bonus and canceling after year 1.
This post was edited on 10/26/15 at 11:06 am
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45908 posts
Posted on 10/26/15 at 11:05 am to
Best way to dump 55k+ in united miles?
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/26/15 at 11:09 am to
quote:

Best way to dump 55k+ in united miles?



Depends what you mean by dump?

Economy roundtrip to Europe is 60k miles. Those tickets can be about $1500 during the summer so there's value there. One way to Europe in First/Business is about how any miles you have.

Or you can fly first to South America for 35k one way and 20k economy the other, or earn some more miles to do both ways.

Here's the chart. Play with it.

LINK
This post was edited on 10/26/15 at 11:12 am
Posted by Delacroix
Member since Oct 2008
4035 posts
Posted on 10/26/15 at 11:15 am to
Probably a really dumb question but.. Rewards miles only translate to a dollar value, right? Not actual miles?
Posted by hiltacular
NYC
Member since Jan 2011
20202 posts
Posted on 10/26/15 at 11:27 am to
quote:

Probably a really dumb question but.. Rewards miles only translate to a dollar value, right? Not actual miles?


Are you asking if 10,000 rewards miles translates to 10,000 actual flying miles?

No. If you have 10,000 rewards miles you do not have the ability to fly 10,000 miles. The rewards miles are different for each carrier/card, on Delta for example I believe most domestic RT tickets start at 25,000 miles and go up from there.
This post was edited on 10/26/15 at 11:30 am
Posted by Teddy Ruxpin
Member since Oct 2006
40852 posts
Posted on 10/26/15 at 1:38 pm to
quote:

Probably a really dumb question but.. Rewards miles only translate to a dollar value, right? Not actual miles?



I won't say any question is dumb as these programs take some time to understand.

Take the above post about Delta as an example because he missed some things already.

Most domestic airlines will do domestic economy class flights (New Orleans to Seattle for example) for 25,000 of their miles roundtrip IF they offer an award seat for that day for that value. If they don't offer "SAVER" level economy seats, that award would cost even more on that specific date even though you are still going to sit in an economy seat.

Delta has dynamic award pricing. You never really know if you are going to get the economy seat for 25,000 miles roundtrip, or 30, or even 40,000 miles.

The best you can do is google travel blogs and flytertalk and such and just start reading.

If you aren't willing to put in the time and effort or can't understand it after putting in the time and effort, just get some cash back cards and call it a day. It isn't for every one, and that's OK.
This post was edited on 10/26/15 at 1:41 pm
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