What's in my wallet is a monthly series that explains the reasoning behind each card in my wallet. The cards change depending on if I need to hit minimum spend on a new card or if I want to maximize cash back categories for the quarter.
The 5% cash back category during Q3 for the Chase Freedom is restaurants. I just finished maxing out my category spend with the Discover It card, so the Chase Freedom is going to be my default card whenever I dine out. Learn more about the Chase Freedom Q3 categories in the video below:
American Express Platinum
I recently canceled my Amex Business Platinum card and replaced it with a personal Amex Platinum card. This month, I'm working on hitting $5,000 minimum spend requirement to earn the 60,000 point bonus.
Watch the video below to learn more about why I canceled my Amex Business Platinum card:
I missed out on getting the personal version of the Chase Marriott card because I was over the Chase 5/24 rule. As a result, I applied for the business version to earn the 80,000 point signup bonus and free anniversary night. The Marriott card is a keeper in my books.
The Marriott business card is the only business card that's not affected by the Chase 5/24.
The Cathay Pacific card is another new addition to my wallet. I signed up for the card because I want to experience a first-class international flight with Cathay Pacific. With the increased signup offer, this makes the goal more attainable.
Watch the video below to learn more about the increased Cathay Pacific offer:
What's in your wallet this month?
The American Express Delta Reserve credit card currently has a historic high offer of 40k Delta SkyMiles + 10k MQMs.
American Express is offering a handful of benefits to cardmembers attending Coachella this year. It's one of their many initiatives to capture the millennial market by coming up with creative ways to enhance events.
The Discover It 5% cash back category for Q2 (April-June) 2018 is grocery stores. As a reminder, you need to activate the 5% promo to receive the cashback bonus. Earn up to 5% on up to $1,500 in combined category purchases when you activate.
In some of my past posts about building credit, some readers have mentioned that credit cards are not the only way to build credit. There are other ways to build credit, for example, student loans, mortgage payments, and auto loans, but credit cards are one of the more accessible routes.
Southwest California Millions Sweepstakes, Amazon is launching a co-branded credit card, and Delta is having a a award sale.
Iberia Airlines just announced a partnership with JPMorgan Chase and released the new Chase Iberia Plus credit card.
The Amex Gold Delta SkyMiles card currently has an increased offer of 60,000 miles. Earn 50,000 miles when you spend $2,000 within the first three months, and an earn an additional 10,000 miles after spending an additional $1,000 within the first six months. You'll also receive a $50 statement credit for a Delta purchase.
The cards in my wallet rotate each month depending on if I get approved for a new credit card, or if I'm trying to maximize a 5x category. This month, I added the new Amex Hilton Aspire card.
The Amex Platinum Delta card currently has a historic high offer of 70k bonus points. The offer ends on March 28, 2018.
The Chase Freedom 5x categories for Q2 2018 are grocery stores, PayPal, and Chase Pay.