My Year to Date Credit Card Sign-up Haul: 553,500 Points/Miles
Update: Some offers mentioned below are no longer available. View the current offers here.
2011 has been a year for the record books when it comes to credit card sign-up bonuses. In the past, I only dabbled in the credit card game because I was working to get debt free and repair some blemishes on my report, but this year I've really taken the plunge and acquired 7 new cards, which have padded my points balances nicely. And interestingly enough, not only gave my points grown, but my credit score has gone up substantially since applying for the 7 cards that I've signed up for this year. This is because my overall available credit has increased, yet my utilization has stayed the same low (zero) amount. Inquiries usually take 2-5 points off your score, but since there are many factors in a FICO score, getting new credit can outweigh those dings.
I'm sure many of you will put me to shame, but here is my current year-to-date haul:
Chase
50,000 miles for the British Airways Visa Signature Card, $95 annual fee.
53,500 points for Chase Sapphire Preferred® Card, $95 annual fee waived for the first year (the sign-up bonus is 50,000, but the card has a 7% yearly bonus on all points accrued, so I'll get an additional 3,500 at year end). $3,000 in spend within 3 months.
Update: The Chase Sapphire Preferred® Card sign-up bonus offer is now reduced to 40,000 points when you spend $3,000 in the first 3 months.
American Express
100,000 miles for the Platinum Card, $450 annual fee (the sign-up bonus is 25,000 but I bumped it to 100,000 like many others). $1,000 spend within 3 months.
75,000 miles for the Premier Rewards Gold Card, $175 annual fee waived for the first year (the sign-up bonus is 15,000, but I bumped it to 75,000 like may others). $1,500 in spend within 3 months.
Citi
75,000 miles for AAdvantage Visa, $75 annual fee waived for the first year (applied for Visa/Amex on same day), $1,500 in spend within 6 months.
75,000 miles for AAdvantage American Express, $75 annual fee waived for the first year (applied for Visa/Amex on same day) $4,000 in spend within 6 months.
75,000 miles for AAdvantage Visa Business, $75 annual fee waived for the first year. I waited 65+ days to apply for this card and had to send in LLC verification (which I actually have) and was promptly approved. $1,500 in spend within 6 months.
Total Payday = 553,500 points/miles, $545 in fees and $15,000 in spend.
My plan for the rest of 2011: since my score is as strong as ever, my debt cleared and no immediate plans to get a mortgage, I'll probably get in on the following:
1) Chase: The Hyatt Credit Card- since I'm a Diamond member, the 2 free nights sign-up bonus are in a suite at any Hyatt in the world. Value to me: ~$1,000. Plus, they just announced a free category 1-4 night every year, which more than covers the $75 annual fee.
Possibly also the Freedom card (No longer open to new applicants), which will earn me up to 5 points per dollar on certain categories and since I already have a Chase Sapphire Preferred® Card, that translates into 5 Hyatt/British Airways/Continental miles since you can transfer to Ultimate Rewards partners, like I wrote about here.
2) American Express: I don't currently have a business card with Amex, so I'll probably go for the Business Rewards Gold card, which has a 50,000 point bonus and waived first year annual fee of $175.
3) Citi: Will wait and see if there's a better offer than what's currently out there.
4) Barclays: Possibly the 40,000 mile US Airways card, which will earn me a hit in Grand Slam.
5) Capital One: I might get in on the Capital One Venture Rewards Credit Card. It earns 2 points per dollar and most importantly the points can be redeemed for flights and hotels and you earn elite status on those redemptions. My angle would be to redeem for domestic coach flights that will help me retain my Delta Diamond status. I missed out on the 100,000 point sign-up bonus earlier this year, but will bite if it goes to 50,000 or more.
What has your personal haul been this year? What deals are you currently eyeing?
TPG featured card
Rewards
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
- Top rated mobile app
Rewards Rate
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro Offer
Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
$395Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
- Top rated mobile app
