Tag Archives: Chase Bank

a woman with blonde hair and a green shirt

Chase 5/24 Rule Is Overrated: 6 Credit Cards & Bonuses I Scored After I Stopped Worrying

Posted on by . 14 Replies

Good morning everyone, I hope your weekend is off to a great start.  Every time a new credit card is announced or the sign up bonus increases to an all-time high, bloggers and readers debate endlessly about whether the card is “worthy of a Chase 5/24 slot.”  Back in the day (before the Chase 5/24 Rule existed), I think Chase had the best credit cards and the best sign up bonuses, but those days are long gone.  Many credit cards from American Express, Bank of America, Barclays, Capital One, Citi, US Bank, and Wells Fargo have bigger sign up bonuses and more transferable points than similar Chase credit cards. I like to think of myself as a free agent when it comes to credit cards, miles, and points, so I Chase chase the credit card sign up bonus, regardless of the credit card issuer.

I currently have 8 Chase credit cards, and based on my Chase 5/24 score, I won’t be able to pick up any new Chase credit cards for more than a 12-18 months.  The last Chase credit card I applied for was the Chase Ink Cash Credit Card and I was happy to pick up 90,000 Chase Ultimate Rewards Points.  Here is my current Chase credit card roster:

Grant’s Chase Credit Cards Opened Notes
Chase Freedom Flex 1 11/1/2013 Opened Chase Freedom (2013), converted to Chase Sapphire Reserve (2017), & converted to Chase Freedom Flex (2021).
Chase IHG Rewards Select 11/18/2013
JPMorgan Chase Ritz Carlton 12/15/2014 Opened JPMorgan Chase Ritz Carlton (2014), converted to Chase Marriott Premier Plus (2017), & converted to JPMorgan Chase Ritz Carlton (2019).
Chase Ink Plus 3/21/2016
Chase IHG Rewards Premier 7/25/2018
Chase Freedom Flex 2 7/13/2021 Opened Chase Sapphire Preferred (2021) & converted to Chase Freedom Flex (2023).
Chase IHG Rewards Business 6/17/2022
Chase Ink Cash 10/13/2023

Continue reading →

a close-up of a logo

Track IHG Nightly Award Rates & Rebook When Prices Drop (My Recent NYC Example)

Posted on by . 2 Replies

Good morning everyone, I hope your week is going well.  Last week (Thanksgiving Week), Laura and I spent 4 days in New York City.  We stayed at the conveniently located Crowne Plaza Times Square IHG Hotel which is close to Times Square, the Theater District, the Hell’s Kitchen neighborhood, and several subway stations (which you can take to JFK via Jamaica Station and the AirTrain).  We stayed at this hotel last March during Laura’s Spring Break, so we knew the area well.

I used 2 IHG Free Night Certificates from my Chase IHG Business Credit Card and the Chase IHG Select Credit Card (no longer available) along with IHG Points.  Nightly award prices vary dramatically (see the nightly prices for award stays in December 2024), but I closely tracked the nightly prices over a few months and rebooked my stays a few times whenever the award price dropped.  Whenever I book a hotel stay of more than 1 night, I always book my stays in 1 night increments since it is much easier to cancel and rebook 1 night at a time.  At check in, the front desk agent linked the stays together and kept us in the same room for the duration of the stay.  You could also call, email, or text the hotel ahead of time to let them know about the multiple back to back stays.

a screenshot of a calendar

Continue reading →

a group of logos on a blue background

Around the World in 24 Days: Day One

Posted on by . 2 Replies

Buenos días everyone, I started my journey to become a SAS EuroBonus Millionaire on Sunday night. Here’s a rundown of the first 24 hours.

a map of the first half of Tonei's route plan, with DCA-JFK-LHR highlighted in red

Flight 1: American Eagle 4781 DCA-JFK (Embraer 175)

I started my trip Sunday night with a short hop up to New York on American Eagle, booked with 4,500 Alaska Airlines miles + $19. I took Metro to the airport, and the Clear line saved me a good amount of time at security (one of the only times that’s been the case).  Before the flight, I used my Citi AAdvantage Executive Credit Card one last time to visit the Admirals Club at DCA.  My account finally got hit with the annual fee increase instituted by Citi last year, and I decided it wasn’t worth $550 a year to me, so I called to cancel while I was still in the lounge.

a table with food on it

Continue reading →

a group of logos on a blue background

Around the World in 24 Days: Preparing for Takeoff

Posted on by . 6 Replies

Buenos dias everyone, I’m getting ready to take off on my 24 day round-the-world trip for the SAS EuroBonus Millionaire promotion so I thought I’d share a few updates on the final planning stages.

Hotels

At this point, I have all of my hotels booked except for the very end of my trip (Taipei, Denver, and Boston). Since many of the destinations I’m traveling to are fairly inexpensive, I ended up doing a lot of cash bookings, but I do have points redemptions with three different hotel programs scattered throughout.

Continue reading →

a credit card with orange lines

Switching Marriott Bonvoy Business Credit Card from Chase to American Express Paid Off with 5 Marriott 50K Free Night Certificates

Posted on by . Leave a reply

Updated at 8:30am on 10/9/24: I updated this post after the sign up bonus posted a few days ago.

Good morning everyone, I hope your week is going well. This post has been a work in progress for several months since March 2024.  Let me explain.  Back in March 2024, American Express had an increased sign up bonus on the American Express Marriott Bonvoy Business Credit Card that offered 3 Marriott 50K Free Night Certificates (FNC) after spending $6,000 in 3 months.  That was a great offer, but due to Marriott’s Eligibility Matrix (see Frequent Miler’s awesome chart), I wasn’t eligible for the AMEX Marriott Bonvoy Business Credit Card because I currently had the Chase Marriott Bonvoy Premier Plus Business Credit Card. I would need to close my old Chase card, wait 30 days, and then apply for the new AMEX card.

This was a big gamble because there was no guarantee that the AMEX card would have a decent sign up bonus again in the future and because my Chase card was no longer available, so once I closed that card, I could never get it back.  I strongly prefer to hold onto cards that are no longer available, like my Chase Ink Plus and my JPMorgan Chase Ritz Carlton.

The increased sign up bonus on the AMEX card ended on March 20, 2024, and my Marriott 35K FNC from the Chase card would post the following month in April 2024.  As expected, the FNC posted to my Marriott account on April 15, 2024, and now was the time to proceed with my plan.

a screenshot of a website

Continue reading →