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#11
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AMEX is still pretty useless outside north america, but i don't understand why you need to only have one card. just keep your current card and get the AMEX.
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#12
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What airports are close to you? Where are you saving miles to fly to?
I currently have the Chase United card and they gave me 20k bonus miles and waived the annual fee for the first year. Before the year comes around I will either cancel the card or convert the card into a non-fee Chase card. With United, after a short time period, you can reapply for the card and get the bonus miles again. The really cool thing about United is they only charge $5 to book a rewards flight. I just received an offer from AA for 20k miles and no annual fee for the first year and will apply for this card soon. It's a pretty good deal except AA makes you pay tax on your rewards flights. Several pieces of advice: *Avoid cards with an annual fee. Most of the time you can find a card with a good milage bonus and the first years fee waived. Just cancel before your year comes up. *Sign up for rewards cards when they are running larger milage bonuses. Shop around and do your research. *Pick an airline that has lots of flights into your local airport or an airline you fly often. *Try to maximize the use of miles. For example, on NWA, you can fly to Alaska for 25k miles from the continental US (I think). A short regional flight is the same amount of miles. As a rule of thumb, I only book rewards flights when I get a value of at least 1 cent per mile. *Before applying for a bunch of cards, or even a single card, make sure you understand how your actions might affect your FICO. This is especially important if you want to buy a home in the near future. *Pick an airline that offers a good milage value to a destination you would like to travel. *If you are a responsible spender and pay off your card each month, use your card for everything. The miles add up quick. At work, when a group of us go out for lunch I always try to put the entire bill on my card and collect yuppie food stamps (aka $20 bills) from everyone. They all know what im doing but dont seem to mind. Plus it makes settling up the check much easier. |
#13
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#14
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www.mymoneyblog.com is another excellent site for credit card tips and lots of other personal finance stuff.
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#15
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growlers,
There's a Costco AMEX card that earns 5% back on all purchases there & 1% elsewhere. |
#16
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[ QUOTE ]
growlers, There's a Costco AMEX card that earns 5% back on all purchases there & 1% elsewhere. [/ QUOTE ] Hmmmm...Never really picked up the sheet at the desk on that. I'll have to look into that - I'm sick of always paying in cash there anyway. Thanks. |
#17
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after all your posts looks like im going with AMEX blue cash cash back, sounds like Flyer miles have alot of restrictions and I ll just pool the cashback towards a plane ticket or whatever.
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