The cards in my wallet rotate based on 5x categories and if I need to hit minimum spend on a new credit card.
You can view credit card offers by going to the "Credit Card Offers" tab. Find offers for the respective cards in "Point Rewards Credit Cards" and "Hotel Credit Cards." You don't have to use our links, but we're grateful when you do. Thank you for supporting AskSebby!
Chase Sapphire Reserve
The Chase Sapphire Reserve is my default card when it comes to dining expenses because it earns 3x points.
Ultimate Rewards points value:
- Cash (1 CPP) = 3% Return on spend (ROS)
- Travel portal (1.5 CPP) = 4.5%
- Transfer partners (2+ CPP) = 6%
For Q2 2018, the Discover It card earns 5% cash back on grocery stores on up to $1,500 in purchases. Be sure to login to your Discover card account and activate the bonus.
Amex Hilton Ascend
A new addition to my wallet is the Amex Hilton Ascend card. My plan is to meet the additional $15,000 in spend to earn a free weekend night.
Since rent is high in San Francisco, I plan on using Plastiq to pay my landlord.
If you're interested in using Plastiq, they're currently running a 2% fee promotion for AskSebby subscribers when they make a rent or mortgage payment using the following link (new accounts only): http://bit.ly/plastiqpromo. Learn more about the promotion in this post.
- Spend for free night = $15,000
- Spend I was already going to do = $3,000
- Additional spend for free night = $12,000
Cost of Spend
Assuming it was spend I would have otherwise done anyways:
- $12,000 * 2% in fees = $240 in fees
If you’ve had the U.S. Bank Altitude Reserve Visa Infinite card for over a year, you might be eligible for a retention offer.
Expected value is a term I use often, and the idea is that you want to analyze the costs, risks, and benefits of a situation and take the path that will give you positive expected value.
How to stay at the Park Hyatt Maldives Hadahaa for "free."
Chase IHG sends out upgrade offers, earn 6x AAdvantage Miles on Apple purchases, Delta flash sale, pay rent with a credit card, and more.
American Express offers are targeted deals you can find when you login to your American Express account. Save on car rentals, Hilton, Wynn, Stitch Fix, and more.
Square Cash is a peer-to-peer payment app similar to Venmo, and they recently launched a new rewards program called Cash Boost.
With Cash Boost, you will receive instant cash back when you use your Cash Card at a handful of retailers, along with coffee shops. You can only select one Boost at a time, and Boosts can be swapped every 24 hours.
Credit card utilization is one of the biggest factors impacting your credit score that you can control. By keeping utilization low, you can increase your score quickly.
Timeshares are usually an arrangement for you to purchase a share, or a piece, of a resort (sometimes access to a portfolio of properties) to use at least once a year. Here are four reasons why you should not purchase a timeshare.
The Bank of America duo consists of the Cash Rewards and either the Travel Rewards or the Premium Rewards card. If you have over $100k in assets with Bank of America banking or Merrill Edge investments, this set up is worth considering.
You can add up to 99 authorized user Gold cards for free if you have the Amex Platinum. Here’s a rundown of the benefits of the Gold card and FAQ’s.