I love credit cards so much! v2.0 (see first page for add'l details)

[amalone1013]

I’m so cheap when it doesn’t involve Disney too. I got frustrated SO didn’t use Chase pay when ordering his lunch the other day because they had the promo code. I coupon and I will take pictures of my receipts for .10 on Ibotta lol.

DH was making fun of me a bit at Safeway last week because I was trying to find their coupon for an extra $1 off 4 12 packs of coke (would have made it 4 for $10 instead of 4 for $11)

 

[miztressuz]

Is it possible to still get 0-2%? Current rates seem like they’re upwards of 5% (we buy used). Credit score is 820. I’m guessing insurance will not give us more than about 6K so we’re probably looking at a max of around 16K used or a 10K loan. We’d like to do 24-36mo and plan to pay off early like we did last time. Sad part is we can afford to pay cash but don’t want to because we’re 2 months into a massive house remodel and are wanting to hold on to as much cash as possible until it’s over.

What are the home equity loan rates compared to the used car loan rates? Around here if you do less than 10 years there are options still in the 3-4% range. Might make more sense to use the cash towards the car and use a loan for the home. Or at least look into a HELOC as an option for the unexpected things you wanted the cash on hand for. Just some options to consider since you're pretty sure you will be paying interest on something, might as well try to lessen the blow if you can.

 

[Lain]

 

[smallsy]

Holy cow, used car rates are 5% or more? I just went out to BankRate and looked and apparently 5.3% is the average right now. That's terrible!

But carrying it for a couple years isn't heinous. I understand wanting to preserve your capital for your home remodel. Unless you're using a HELOC for that (I despise those too, ha!) then I'd just spend the cash on the car, roll all the home improvement debt into one loan and then buckle down and pay that off in record time.

Can you tell I'm extremely debt averse? These days I'm getting worth than @SouthFayetteFan where annual fees are concerned too. #TeamCheap

Yeah auto loan rates are ridiculous. We are very lucky to be able to pay cash for the remodel (savings plus a small inheritance from my grandmother) but we got a small (50K) HELOC as a backup just in case. We were hoping to not have to use it, but these car thieves may have forced our hand. We feel much more comfortable using the HELOC for the house and keeping more cash if need be though since worst case scenario we can sell (we live in a very desirable area where people leave notes in mailboxes asking to buy your house).

 

[Lain]

Not yet, Chase hasn't messaged me back yet. I'm prepared to go to the mattresses though now that I realized I have a screenshot.

 

[kmc8826]

Keeping in mind @Lain and his good points this morning about game changing fast what do you all think timing wise?

DH is 2/24. Applied and finally approved for Chase Hyatt middle of January (his AF on card posted first and that was February 1). I closed his first CIP March 7. My plan was to wait until after April 7 for the CIP. Is that still the best plan? Or maybe just go for it now? (Fully realize we are talking only couple weeks but the game changing fast reminder is a great point).

 

[StephPlum]

In our heads, we're all hearing @SouthFayetteFan saying "Stop trying to make SUB happen" ala mean girls.

Ok - I really don't have that big of an issue with SUB...but...had to share this:

Now that I predicted this, off to buy a lottery ticket for the big win

 

[Haley R]

DH was making fun of me a bit at Safeway last week because I was trying to find their coupon for an extra $1 off 4 12 packs of coke (would have made it 4 for $10 instead of 4 for $11)

We go through two of our grocery store ads every week to decide what to get at each store that week. I’ve used coupons for 25 cents off. Usually our shopping revolves around what’s on sale. If it isn’t on sale we aren’t eating it haha

 

[amalone1013]

We go through two of our grocery store ads every week to decide what to get at each store that week. I’ve used coupons for 25 cents off. Usually our shopping revolves around what’s on sale. If it isn’t on sale we aren’t eating it haha

I try to check them every week. I'll buy chicken or beef if it's a good sale because I know a night will come that we will want it and I don't want to pay regular price. DH was just laughing because I was mad the stupid coupon wouldn't come up like it was supposed to, and it wasn't in the app just looking through the categories either. So after about 5min standing there he was like, what do you make an hour at work? Since it was still a good sale price vs $5.99 for a 12 pack when not on sale

 

[Oscar Madison]

We’re still waiting to hear from them...this one was Lipscomb.

Ahhhh, keep us posted. So it's still up in the air for him?

 

[Lain]

Keeping in mind @Lain and his good points this morning about game changing fast what do you all think timing wise?

DH is 2/24. Applied and finally approved for Chase Hyatt middle of January (his AF on card posted first and that was February 1). I closed his first CIP March 7. My plan was to wait until after April 7 for the CIP. Is that still the best plan? Or maybe just go for it now? (Fully realize we are talking only couple weeks but the game changing fast reminder is a great point).

Generally, I think 2 months from the last application that Chase can see or knows about should be fine when applying for a Chase biz card, but it does depend what your velocity looked like for the prior 3, 6, to 12 months before, and how soon after this card you plan to go for the next card. At only 2/24, DH should be extremely low risk for a shutdown, and I wouldn't worry about the fact that his last app was only 2 months ago (vs. the recommended 3).

 

[SouthFayetteFan]

Now that I predicted this, off to buy a lottery ticket for the big win

I do love mean girls. LOL!

 

[Judique]

We go through two of our grocery store ads every week to decide what to get at each store that week. I’ve used coupons for 25 cents off. Usually our shopping revolves around what’s on sale. If it isn’t on sale we aren’t eating it haha

I put the safeway app on my phone when they had the no fee cards a fee weeks ago. Now I'm bombarded with safeway offers so I check them all and add them. So, if I happen to buy something that has an offer, I'm covered - I think! And, if you had to buy six and I only need one, I'm probably better off buying one. Because older daughter started shuffling through my pantry stuff the other day to remove the expired items. Lets just say she embarrassed/annoyed me more than expected, so I need to be careful about over buying.

No coupons at Costco - grateful for that and I really don't bother that much anymore, unless it's rice crispy treat related.

 

[amalone1013]

Just for fun I counted how many stops I made for GCs for ILs cruise. 31 total between Best Buy, Staples, Lowe's, and the grocery store. I'd say maybe an extra 10min for each stop to whatever we were doing already (grocery shopping, just driving home, etc). Savings is around $845 plus or minus a few bucks depending on what the gas savings work out to (most likely plus). Soooooo $845/5hrs 10mins = $163 an hour? I guess it was worth the work

 

[Limes96]

Ahhhh, keep us posted. So it's still up in the air for him?

Yes, he still hasn’t gotten an offer from Taylor. Thinking we should hear from them soon. But he’ll probably end up at Lipscomb unless he gets an incredible offer from Taylor. He also got a new car this week, and found out he was senior of the month at his school. I’m here just beaming but he’s acting like it’s no big deal. That’s why I had to bring my brags to this thread. Lol

 

[Lain]

It sounds like DoC's sources in Amex are putting the personal Green card refresh in around June/July: Update 3/23/19: American Express is hoping to refresh this card by June/July. I’m not sure if the exact specifics are the same as mentioned below or if they have made further tweaks but the refresh date has firmed for June/July period.

[Rumor] American Express To Refresh Green Card (4x On Gas, 3x On Streaming & More) – June/July Date - DoC.

I know @miztressuz and maybe @DisneyMandC were interested.

 

[trstno1]

deleted

 

[magickingdomprincess]

DH has agreed to apply for a southwest personal card. Trying to decide which card he should apply for:

• $69 fee 50k in flight offer, $2k msr. 3k anniversary pts
• $149 fee 50k in flight offer, $2k msr, 4 upgraded boarding positions, $75 travel credit, 7500 ann pts
• $99 fee 40k referral from me, 10k referral pts for me, 6k ann pts

It seems like the $69 card is the simplest way to go, but we do have flights coming up that we need to add EBCI for, so wondered if the travel credit would work for that, if paid for on his card even though booked with my RR points. Also not sure what the upgraded boardings really mean either. Any thoughts or suggestions? Thanks!

 

[*WDW*Groupie*]

1. If you can meet the MSR on a CIP#2 without throwing off your plans too much, definitely go for it because, like I said, a loophole like this will be closed sooner than later. Remember, keep it simple. FirstName LastName, sole proprietorship, SSN as TIDN (and since you have your own business, I'd also add that I've noticed high/six-figure+ revenue seems to trip additional underwriting and documentation.)

2. CIP#2, being a Chase card, will not throw off any of your plans with Amex, i.e. their Bonvoy cards.

3. However, note that the Bonvoy Brilliant (I'm assuming that's the personal card you're referencing) 100k Marriott points offer ends on 4/24/19.

4. As you're aware, Amex has a 2/90 rule that will deny a new card application if you've already been approved for 2 Amex (personal or business) cards in the last 90 days.

5. You were approved for the Bonvoy Biz on 3/20/19, and it looks like you were approved for the Hilton Biz on 1/27/19. 91 days from 1/27/19 is 4/28/19, which puts you past the end date of the Bonvoy Brilliant's 100k points offer.

6. However, as you know, you can apply for a card before the end of your 90 days purgatory, get "pending review" or denied for too many cards within a certain period of time (2/90), then recon after the 90 days are up (like you did with the Bonvoy Biz). So, even though you are 2/90 with Amex until 4/28/19, you can apply for the Bonvoy Brilliant before the 100k offer ends on 4/24/19 (don't wait until the last minute/day), let your application go pending review, then a few days later -- after 4/28/19, call Amex to recon the app. Since you timely applied under the 100k offer, that offer is still attached to your app even though it's approved after the end date.

7. One last thing, note that Amex has a 5 Amex (personal and business) credit card limit. It looks like you've already got 3 (the Hilton Aspire, Hilton Biz, Bonvoy Biz), and the Bonvoy Brilliant would make 4 (unless I'm miscounting). Once you hold 5 open Amex credit cards, any more apps for Amex credit cards will also result in pending review/denied unless you can close one of them. DO NOT close any Amex card that's been open for less than a year. It's in the terms that you agree to keep them open for 12 months, and closing an Amex card within a year will result in clawback of the bonus and/or the pop up based on your history. Note that Amex charge cards (the Green, Gold, and Platinums, and their business varieties) don't count against the 5 Amex credit card limit.

Hope this helps give you a clearer roadmap.

Thank you! Was just auto approved for my CIP #2 with a $5,000.00 CL

 

[Lain]

Thank you! Was just auto approved for my CIP #2 with a $5,000.00 CL

Congratulations!
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