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^He means Reddit.com/r/churning
But for consultants:
1. Pick your favorite airline (possibly one that has a hub at your home airport) and get that CC
2. Pick your favorite hotel (should be either SPG or Marriott) and get that card
3. If you're a baller, get Amex Platinum card for the Centurion Lounge access
R/Churning. Read.
Way to out do me, ya douche. Seriously tho, good comment.
Thank you all! I'm looking for a good personal card. I'm thinking chase freedom looks pretty good.
So much to learn young padawan! ^ To keep it short, it's no biggie for those seriously about credit cards/ churning. They have it down to a science.
@An1: Increasing your overall credit limit (aka getting more cards) increases your score. You take a small hit for each card inquiry, but its an overal positive effect. Debt is a non issue, pay it back in full every month. The unwieldy part is downgrading/deciding whether annual fees are worth it
^ why would anyone do that? You won't get 100k points sign up bonus for PC to csr, it has to be a new line
The answer will depend on what bonuses you've already hit, what other cards you use and what your goal for a new card is. As is, your question is a little vague. Good cards include Amex Plat (personal and business in conjunction), Ink+, Prestige, Freedom, Etc.
Jetsetter is right, SPG card is good. Marriott and airline cards are pretty much only useful for signup bonuses (Marriott is also useful for progress to lifetime)
OP - if you want to build more Chase points, go for:
1. Chase Freedom Unlimited to earn 1.25% on all purchases (best cards for non-bonus category earnings which is basically all shopping)
2. Chase Freedom to earn 5% during bonus quarters
3. Chase Ink Business to earn 2%-5% on all types of utility bills (you can open a business credit card without owning a business)
If you have CSR, the bonuses I noted above are even higher because CSR gives 1.5 times redemption as opposed to 1.25 times
Jetsetter, FU is 1.5%. This is a sound strategy though, doing either the trinity of Chase cards or 4 including Ink+. Lots of coverage in categories and a high floor and ceiling
Aren't you guys worried about your credit scores and debt? How many credit cards does everyone own?
No matter how many cards you have you spend same and pay off at end of month
And with downgrading/canceling credit cards, you may have the option of combining credit lines so you don't have to cancel it
Get the sapphire preferred and then convert them to your reserve card
Oh do you mean merging csp limit to csr D2? That may make sense