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As you can tell by my posts on top credit cards, opening up lucrative points-earning credit cards can be the quickest way to amass point wealth.
Most people ask me about the negatives of opening up a new credit card. I’m certainly not a credit expert, but from my understanding and experience, opening up new credit cards does make a minor impact on your credit score. However,  if your credit is strong and you aren’t about to apply for a mortgage, I say the potential ding on your credit is well worth the points. As someone who lives in NYC and isn’t going to buy a home anytime soon, I might as well leverage my good credit for other positives.. like free first class airfare.

Points credit card expert Frugal Travel Guy, whose blog has a lot of great information on maximizing points from credit cards, posted a link today from an interview from the CEO of the FICO score company. Click here to understand how your FICO score is calculated.

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Know before you go.

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Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.