Author Topic: How Many Credit Cards Do You Have?  (Read 983420 times)

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Offline michigancat

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Re: How Many Credit Cards Do You Have?
« Reply #7300 on: June 25, 2015, 09:13:17 PM »


So, along those same lines. If I have a card with an annual fee that I got strictly for the bonus, should I just cut it loose after the points hit my account? Is it better to wait 11 months and then cancel if I'm not planning on getting it again, or if there is no restrictions regarding churning on that particular card? For example, I'm going to get the Companion Pass next month on like the 17th or 18th, once I've confirmed that I have it do I just cancel those cards?

Cancel it before the fee hits.

Offline ksupamplemousse

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Re: How Many Credit Cards Do You Have?
« Reply #7301 on: June 25, 2015, 09:22:20 PM »


So, along those same lines. If I have a card with an annual fee that I got strictly for the bonus, should I just cut it loose after the points hit my account? Is it better to wait 11 months and then cancel if I'm not planning on getting it again, or if there is no restrictions regarding churning on that particular card? For example, I'm going to get the Companion Pass next month on like the 17th or 18th, once I've confirmed that I have it do I just cancel those cards?

Cancel it before the fee hits.

Well, yeah.
This is who I am...I have no problem crying. - Jerome Tang

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7302 on: June 26, 2015, 06:29:05 AM »
There's no reason to cancel it earlier than that. I would hold it a year so chase doesn't flag you or something.

Offline The Tonya Harding of Twitter Users Creep

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Re: How Many Credit Cards Do You Have?
« Reply #7303 on: June 26, 2015, 08:42:29 AM »
steve dave these hyatt free nights are going to burn a hole in my pocket and im going to end up using them on something stupid but you cant let me okay? remember this. its important.
I think what my friend Mitch is trying to say is that true love is blind.

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7304 on: June 26, 2015, 08:43:17 AM »
ok, just remember how much I'll yell at you if you use them on something stupid.

Offline The Tonya Harding of Twitter Users Creep

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Re: How Many Credit Cards Do You Have?
« Reply #7305 on: June 26, 2015, 08:44:02 AM »
ok, just remember how much I'll yell at you if you use them on something stupid.

thats like, the biggest factor.
I think what my friend Mitch is trying to say is that true love is blind.

Offline mocat

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Re: How Many Credit Cards Do You Have?
« Reply #7306 on: June 26, 2015, 09:02:44 AM »
i want to go to the Park Hyatt Tokyo and i'm not RD'ing around when i say that

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7307 on: June 26, 2015, 09:04:27 AM »
i want to go to the Park Hyatt Tokyo and i'm not RD'ing around when i say that

because of Lost In Translation?

Offline mocat

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Re: How Many Credit Cards Do You Have?
« Reply #7308 on: June 26, 2015, 09:06:07 AM »
i want to go to the Park Hyatt Tokyo and i'm not RD'ing around when i say that

because of Lost In Translation?

well i want to go to Tokyo and they have a Cat 7 hyatt there but also yes lost in translation is a big factor here

Online chum1

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Re: How Many Credit Cards Do You Have?
« Reply #7309 on: June 26, 2015, 09:07:05 AM »
I've been holding off on getting Chase Hyatt card x2 for years, waiting for a sufficiently amazing opportunity.

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7310 on: June 26, 2015, 09:10:36 AM »
I've been holding off on getting Chase Hyatt card x2 for years, waiting for a sufficiently amazing opportunity.

the good thing about getting it is it forces you to create the amazing opportunity (if you don't already have one in front of you)

Offline ksupamplemousse

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Re: How Many Credit Cards Do You Have?
« Reply #7311 on: June 26, 2015, 12:53:16 PM »
There's no reason to cancel it earlier than that. I would hold it a year so chase doesn't flag you or something.

Thanks SD.
This is who I am...I have no problem crying. - Jerome Tang

Offline GoodForAnother

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Re: How Many Credit Cards Do You Have?
« Reply #7312 on: June 26, 2015, 09:45:07 PM »
steve dave these hyatt free nights are going to burn a hole in my pocket and im going to end up using them on something stupid but you cant let me okay? remember this. its important.

there's a really nice hyatt regency in st louis I heard
emaw

Offline mocat

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Re: How Many Credit Cards Do You Have?
« Reply #7313 on: June 26, 2015, 11:00:30 PM »
Oh man ice burn

Offline ksupamplemousse

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Re: How Many Credit Cards Do You Have?
« Reply #7314 on: June 27, 2015, 08:46:35 AM »
Yeah, for some reason I thought the Hyatt bonus was churnable. I now realize what a horrible mistake it was to get that card without any clear plan to use those nights to their fullest potential. I deserve the ridicule.
This is who I am...I have no problem crying. - Jerome Tang

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7315 on: June 27, 2015, 09:02:37 AM »
You can get it again in two years

Offline ksupamplemousse

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Re: How Many Credit Cards Do You Have?
« Reply #7316 on: June 27, 2015, 09:20:49 AM »
You can get it again in two years

Really? That's not the vibe I got from cc boards on the interwebs.
This is who I am...I have no problem crying. - Jerome Tang

Offline Mrs. Gooch

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Re: How Many Credit Cards Do You Have?
« Reply #7317 on: June 27, 2015, 09:27:50 AM »
You can get it again in two years

Really? That's not the vibe I got from cc boards on the interwebs.

In the restrictions it says you can get it as long as you haven't had a Hyatt new member bonus in the last 24 months.....I just went back and read it because I was confused by your non churnable comment.

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7318 on: June 27, 2015, 09:28:25 AM »
Well, last time I checked I was still the person who knew more about this stuff than anyone in the world so I think you can take my word for it

Offline ksupamplemousse

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Re: How Many Credit Cards Do You Have?
« Reply #7319 on: June 27, 2015, 01:26:41 PM »
 :thumbsup:
This is who I am...I have no problem crying. - Jerome Tang

Offline Mrs. Gooch

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Re: How Many Credit Cards Do You Have?
« Reply #7320 on: June 29, 2015, 11:30:33 AM »
If Gooch has a SPG account but I don't, can I book a hotel room using his SPG account if he is not going to be there? (Like do they want to see the ID of the SPG member or is it automatically going to put the reservation in his name?)

Offline 'taterblast

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Re: How Many Credit Cards Do You Have?
« Reply #7321 on: June 29, 2015, 11:37:33 AM »
i canceled my capital one card last year. it was basically my training wheels, first ever credit card that i got right after college. today i got this in my email. should i do it?

Quote
We want to win you back as a customer. That’s why you’re invited to apply for the Capital One® VentureOne card. Upon credit approval, you’ll earn unlimited 1.25 miles on every purchase, every day. Plus, enjoy:
•   The freedom to fly any airline and stay at any hotel, anytime—with no blackout dates.
•   0% intro APR on purchases until March 2016; 11.9%-21.9% variable APR after that
•   No annual fee
You can also earn a one-time bonus of 20,000 miles when you spend $1,000 on purchases within the first 3 months. That’s equal to $200 in extra travel rewards.

Apply for the VentureOne card and start earning 1.25 miles with no annual fee. This offer expires March 29, 2015.

ended up getting this and it's an extremely easy way to knock $200 off a travel purchase

question is... i've had the card for about two months now, is there an amount of time i should wait to cancel it or can i do that immediately with no negative consequences?

Offline Gooch

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Re: How Many Credit Cards Do You Have?
« Reply #7322 on: June 30, 2015, 12:34:20 PM »
I need a Sapphire referral link since Mrs. Gooch apparently doesn't want to keep the referral points in "the family".

Offline steve dave

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Re: How Many Credit Cards Do You Have?
« Reply #7323 on: June 30, 2015, 12:37:27 PM »
If Gooch has a SPG account but I don't, can I book a hotel room using his SPG account if he is not going to be there? (Like do they want to see the ID of the SPG member or is it automatically going to put the reservation in his name?)

yes, you'll have to call them to book

Offline Mrs. Gooch

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Re: How Many Credit Cards Do You Have?
« Reply #7324 on: June 30, 2015, 12:37:55 PM »
I need a Sapphire referral link since Mrs. Gooch apparently doesn't want to keep the referral points in "the family".

I have to figure out how to get the referral link....I had some meetings this morning. Sheesh!