#11
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Re: Good Credit Card to earn frequent flyer miles
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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Re: Good Credit Card to earn frequent flyer miles
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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Re: Good Credit Card to earn frequent flyer miles
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#14
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Re: Good Credit Card to earn frequent flyer miles
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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Re: Good Credit Card to earn frequent flyer miles
growlers,
There's a Costco AMEX card that earns 5% back on all purchases there & 1% elsewhere. |
#16
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Re: Good Credit Card to earn frequent flyer miles
[ 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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Re: Good Credit Card to earn frequent flyer miles
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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