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Picking a new credit card

Posted on 12/13/17 at 11:31 am
Posted by X123F45
Member since Apr 2015
28764 posts
Posted on 12/13/17 at 11:31 am
Low 700s. Under 3% utilization.

Looking for largest available credit line to help boost revolving.

Household income, >140.

Willing to pay if need be. Already have venture, Costco citi, and titanium MasterCard.
Posted by AmeriKop45
Coach, Wing Tip Seat
Member since Jan 2016
2102 posts
Posted on 12/13/17 at 1:03 pm to
What are you looking to get? Cashback or Travel Rewards?
Posted by Croacka
Denham Springs
Member since Dec 2008
61450 posts
Posted on 12/13/17 at 1:30 pm to
quote:

What are you looking to get? Cashback or Travel Rewards?




and what are your biggest monthly expense categories that you plan to put on the card?
Posted by MontyFranklyn
T-Town
Member since Jan 2012
24280 posts
Posted on 12/13/17 at 1:58 pm to
Don't you have a card with a 20K limit on it?
Posted by X123F45
Member since Apr 2015
28764 posts
Posted on 12/13/17 at 2:23 pm to
My venture card does. But, I'm trying to get my available revolving to 100k over the next few years.

A credit pull fell off this month. I'm willing to use one pull if I can get 15-20k for it.

Card will be used minimally. Maybe 20 bucks a month. Some months 2-3k in manufactured spending. I like the venture travel rewards so far.

Posted by bayoubengals88
LA
Member since Sep 2007
21360 posts
Posted on 12/13/17 at 2:26 pm to
Barclaycard Arrival + and Chase Hyatt both approved me for A LOT. Pretty good bonuses too.
Posted by Lou
Modesto, CA
Member since Aug 2005
8434 posts
Posted on 12/13/17 at 4:09 pm to
Chase Sapphire Preferred
Posted by MontyFranklyn
T-Town
Member since Jan 2012
24280 posts
Posted on 12/13/17 at 5:56 pm to
Well go for a Discover or Amex. You should be able to get 15k. I did last week with your suggestion and only use it for groceries, gas, Macy's and Belk. Christmas is going to be good for the family because my wife has been going nuts at Bell lol
Posted by bayoulsu82
Member since Sep 2006
513 posts
Posted on 12/13/17 at 9:00 pm to
quote:

Barclaycard Arrival +

2 miles for every dollar you spend
Posted by Cecil D Diesel
Shaolin
Member since Mar 2011
9269 posts
Posted on 12/13/17 at 9:05 pm to
quote:

Chase Sapphire Preferred
Posted by Teddy Ruxpin
Member since Oct 2006
40160 posts
Posted on 12/13/17 at 9:32 pm to
quote:

venture


I'm on a quest to educate this board about this card. It's a 2% cash back card you pay $59 for. Either downgrade it or cancel after earning the bonus. There are 2% cards with no fee out there and no dumb travel limitation on redemptions.

Same with Barclay Arrival, that's an earn and burn and dump as well for the same reason.

I've held these cards and so has my wife for a total of $1,600 off travel, but don't pay the fee.
This post was edited on 12/13/17 at 9:34 pm
Posted by X123F45
Member since Apr 2015
28764 posts
Posted on 12/14/17 at 3:02 pm to
My venture card was 100% free? Forever.
Posted by Lazy But Talented
Member since Aug 2011
14896 posts
Posted on 12/14/17 at 3:07 pm to
quote:

'm on a quest to educate this board about this card


I'm seeing:

2x miles per dollar
50,000 bonus miles after $3000 in 3 months
$0 annual fee for the first year, $95 year 2-



Never used capital one before...what does 50,000 miles amount to? and you're saying use it for a year, grab the miles, then dumb it before the 2nd year rolls around?
Posted by VABuckeye
NOVA
Member since Dec 2007
37640 posts
Posted on 12/14/17 at 3:14 pm to
50,000 Capital One miles amounts to $500 in travel. It's a straight .01 redemption. Using airline miles properly can get you a much better redemption rate as opposed to using Capital One miles.
Posted by Lazy But Talented
Member since Aug 2011
14896 posts
Posted on 12/14/17 at 3:23 pm to
Not bad. I might take advantage of that one.

Going to get my $300 for CSR then possibly downgrade after to avoid the 2nd $450 annual fee.

Then scoop up venture card and grab that $500 in travel and dump before the $95 fee.

Nice little $800...not bad
This post was edited on 12/14/17 at 3:24 pm
Posted by Teddy Ruxpin
Member since Oct 2006
40160 posts
Posted on 12/14/17 at 9:42 pm to
Holy shite it's $95 now and people pay it?
This post was edited on 12/14/17 at 9:43 pm
Posted by Teddy Ruxpin
Member since Oct 2006
40160 posts
Posted on 12/14/17 at 9:44 pm to
So you have the worse version that came with a smaller bonus? frick man dump that card.

There are some cards that waive annual fees if you're active duty military for those that may apply to.
This post was edited on 12/14/17 at 9:44 pm
Posted by Lazy But Talented
Member since Aug 2011
14896 posts
Posted on 12/14/17 at 10:14 pm to
That's what the website says. $0 for the first year then $95 afterwards.
Posted by lsu xman
Member since Oct 2006
16417 posts
Posted on 12/17/17 at 1:47 am to
I have a Citi double cash card. 2% cash reward when you use the card, then another 2% when you pay the balance.

You can get a credit increase by saying you want it increased so you can make a balance transfer. I told them that but never did make a transfer.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
30045 posts
Posted on 12/17/17 at 8:08 am to
quote:

I have a Citi double cash card. 2% cash reward when you use the card, then another 2% when you pay the balance.


Pretty sure that’s 1%/1%, isn’t it?
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