Buenos diás everyone. I’m not usually one for credit card App-O-Ramas, typically preferring to apply for credit cards one at a time when they have high bonuses, but at the end of January, I decided to throw caution to the wind and apply for five new credit cards in one day, from three banks: Banco Popular de Puerto Rico, Bank of America, and Chase.
Banco Popular de Puerto Rico
I finally decided to jump on the Banco Popular de Puerto Rico 60,000 Avianca LifeMiles offerthat Grant wrote about in December. Like Grant, I also got instantly approved with a large credit line.
My card looks just like this, but it doesn’t have Grant’s name on it.
I paid my annual fee in February and made purchases on the card in March and April, but my LifeMiles balance is still zero. I emailed customer service to ask about it but got an automatic reply to call for assistance – when I did so, the representative (who I could barely hear) just said it takes 6-8 weeks for miles to post and that I should keep an eye on my balance at lifemiles.com. I’ll also email LifeMiles customer support and see if they can check whether I might have a duplicate LifeMiles account. Continue reading →
Good morning everyone, I hope your weekend is off to a great start. I currently have a Chase Ink Plus Business Credit Card which just posted the $95 annual fee and a Chase Ink Cash Business Credit Card with no annual fee that was previously downgraded/converted from a Chase Ink Bold Business Charge Card. I have started to ramp up my gift card buying and selling with The Plastic Merchant (TPM) and that involves buying a lot of gift cards on eBay from PayPal Digital Gifts (PPDG) that earn 5x Chase Ultimate Reward Points. I also charge my monthly Comcast Xfinity Wifi and my parent’s AT&T and Cox Communications utility bills to my Chase Ink Plus Business Credit Card and I think I will finally max out the 5x spend on the first $50,000 spent annually (without even shopping at an office supply store).
When the annual fee posted on my Chase Ink Plus Business Credit Card, I started thinking if I should upgrade my Chase Ink Cash Business Credit Card to a Chase Ink Plus Business Credit Card or Chase Ink Bold Business Charge Card. Even though both of those cards have $95 annual fees, they would allow me $50,000 of 5x spend, compared to $25,000 of 5x spend on the Chase Ink Cash Business Credit Card at office supply stores and on cellular phone, landline, internet and cable TV services. I called Chase to find out what my options were. Unfortunately, when I called the Chase business department, I was told the Chase Ink Plus Business Credit Card and Chase Ink Bold Business Charge Card are no longer offered and I could only upgrade to a Chase Ink Preferred Business Credit Card.
Disclaimer: I have made some travel predictions in previous years and I am more often wrong than right, but that losing streak has not dampered my prediction spirit. To see how bad I am at making predictions, please read A Look Back at my 2016 Predictions (Airlines, Hotels, Credit Cards & MS). I consider myself an optimistic pessimist (I prepare for the worst, but hope for the best), so these travel predictions will sound depressing.
Southwest seems bent on making the Companion Pass very difficult to get unless you fly Southwest every week. I believe credit card signup bonuses will no longer count toward the Companion Pass and Southwest might kill the whole concept of the Companion Pass entirely or switch to a certificate program similar to the Alaska Airlines companion fare or Virgin America companion ticket.
Other airline credit cards will adopt the Alaska Airlines companion fare (you pay full price and your companion pays up to $120) or the Virgin America companion ticket (you pay full price and your companion pays full price minus $150).
Buenas tardes from Cancun! I wanted to tell you all a little bit about how my last year went. In 2016, I blew past my previous record for miles traveled, went all in on gift card reselling, moved to Mexico, and picked up a handful of credit cards and bank signup bonuses along the way.
I flew just over 197,000 miles last year, a significant increase from my previous record of 125,000 miles in 2015. The change was mostly because I did a lot more flying across oceans – my 2015 trips were entirely in the Americas, but I spent a lot more time in Europe and Asia in 2016.
Tonei’s 2016 flight map, courtesy of openflights.org
Good afternoon everyone. We only have 11 days left in 2016, so what better time than now to calculate how our Q4 spending is going on the Discover It and Chase Freedom. I wrote a similar post last quarter: Final Month Review: Calculate Progress Toward Chase Freedom Q3 Restaurant Spend. Let’s start with the Discover It and finish with the Chase Freedom. Log into your Discover It online account and click Search Transactions under Activity & Payments.