Good morning everyone, happy Friday! As I mentioned in my post yesterday, I did a mini App-O-Rama (where I apply for several credit cards on the same day) on Monday. I am still waiting for most of the credit cards to arrive in the mail, but I have all the results. Here are the results of my March App-O-Rama (sorry there is nothing related to NCAA March Madness in this post):
US Bank Altitude Reserve Visa Signature Credit Card – pending and then approved (I will have a post out later today with my unboxing photos)
Wells Fargo Business Platinum Credit Card – pending and then approved
Bank of America Alaska Airlines Business Credit Card – pending but will be denied since they want a lot of business and tax documents (I will explain more below)
Click the above link to see info on my American Express Gold Card instant approval. Without further ado, let’s go through the 3 other credit card application results.
US Bank Altitude Reserve Visa Signature Credit Card
After my instant approval with the American Express Gold Card, I was feeling good and hoped my instant approval streak would continue (like the good ole days when I would go 6 for 6 on credit card App-O-Ramas). But instead, I got a pending decision and decided to wait and see what would happen.
Good morning everyone. During my recent App-O-Rama (final tally: 4 approved and 2 declined), I planned on applying for the Wells Fargo Cash Wise Visa Credit Card. The credit card earns 1.5% cash back everywhere, has no annual fee, and offers a $200 cash back sign up bonus. I planned on meeting the minimum spend requirements to get the sign up bonus and then putting the credit card in the drawer. I had an older Wells Fargo Propel World World American Express Credit Card that had the $175 annual fee billed. I planned on applying for the Wells Fargo Cash Wise Visa Credit Card and then move all the credit from the Wells Fargo Propel World World American Express Credit Card to the Wells Fargo Cash Wise Visa Credit Card. Unfortunately, while I was applying for the Wells Fargo Cash Wise Visa Credit Card, I was stopped by the 15 Month Rule…
Good afternoon everyone. During last week’s rundown of credit cards who charged me an annual fee in March, I wrote about my Wells Fargo Propel World American Express Credit Card. In that post, I mentioned that this credit card has a $175 annual fee and I could not figure out how Wells Fargo could justify charging $175 for this credit card. I also reminded myself that this credit card offers a $100 airline reimbursement credit each cardmember year. And since the annual fee posted on April 2, I figured I was in a new cardmember year. I then used this credit card to buy a $100 Southwest Airlines egift card. A few days later, I received the following email regarding the $100 airline reimbursement.
Bank of America Alaska Airlines Business – $75 (posted 4/2)
Citi AT&T Access More – $95 (posted 4/4)
US Bank FlexPerks Gold – $85 (posted 4/3)
Wells Fargo Propel World – $175 (posted 3/31)
US Bank FlexPerks Gold American Express Credit Card
The $85 annual fee just posted and I have seriously lost interest in FlexPoints over the years. The death nail came on December 31, 2017, when FlexPoints changed to a fixed 1.5 cents per point (CPP) value for all travel redemptions. This credit card earns 3x on airfare, 2x on gas, and 2x on restaurants. I currently use my Chase Sapphire Reserve Credit Card for travel, restaurants, and gas since I get 3x Chase Ultimate Reward Points on those purchases. I can also redeem Chase Ultimate Reward Points for travel at 1.5 CPP, so the Chase Sapphire Reserve Credit Card is as good or better in every way compared to the US Bank FlexPerks Gold American Express Credit Card. I redeemed almost all of my FlexPoints before December 31, 2017, and have a few hundred FlexPoints leftover in my account. Not to worry, I have a no annual fee US Bank FlexPerks Select+ American Express Credit Card that will keep my few hundred FlexPoints alive.
Decision: US Bank FlexPerks Gold American Express Credit Card will be converted to a no annual fee US Bank Cash 365 American Express Credit Card. That card earns 1.5% cash back on all purchases, so it will never be used.
Good morning everyone, happy last Friday of the year! A long, long time ago, before Doctor of Credit was as popular as he is now, he did a guest post for me back in March 2014: Guest Post from Doctor of Credit: Bank Account Sign Up Bonuses. DOC has always been a big fan of bank account bonuses, but it took me a long time to get on the bandwagon and now I am hooked. Earlier this year, I wrote about my 2016 Roundup of Bank Account Bonuses. In 2015, I made $1,175 in bank account bonuses. In 2016, I made $2,850 in bank account bonuses. And this year, I made $3,700 in bank account bonuses.
Here are all the bank accounts I opened, the date they were closed and the bonus I received. To be fair, I am still waiting for the $200 bonus to post from my Capital One 360 Money Market account, but I met the requirements already, so now I just need to wait. I learned about all of these bonuses on DOC and he keeps a very detailed and up-to-date bank account bonuses page.