/biz/ - Business & Finance

[Anonymous No.56067438]

What credit cards do you currently have, /biz/?

[Anonymous No.56067446]

>>56067438
Only retards use credit cards

[Anonymous No.56067454]

>>56067438
Navy federal 2% cash back

[Anonymous No.56067480]

I don’t even know how many I have anymore. I don’t count them

[Anonymous No.56067491]

>>56067480
Same. I have at least 30 that I spent on just to get the new offer bonus and then I never use them again.

[Anonymous No.56067514]

>>56067438
whichever new ones that allow balance transfers with zero interest fees for a year lol i need to get out of this mess

[Anonymous No.56067718]

>>56067438
A bunch. Not just CCs but also debits.
You can never have too many cards/accounts.

[Anonymous No.56067734]

chase sapphire preferred, the ability to transfer points to airline or hotel points program makes it worthwhile for me

[Anonymous No.56067760]

>>56067446
>Only retards use credit cards and don't pay them off each month
fixed that for you :)
also...the narwhal bacons at midnight :)

[Anonymous No.56068331]

>>56067438
I love the death strangle interest rates. I'm doing J.Powell a service. Go fed.

[Anonymous No.56068459]

>>56067438
Chase Sapphire Preferred, Amazon Prime Visa, Citi Double Cash, and an old Chase Freedom that's a junk drawer card.

Don't think I really need another card with this setup.

I get so much cash back from the Amazon Prime card using it at both Whole Foods and Amazon.

[Anonymous No.56068470]

>>56068459
Based, I use the same cards except for the Chase Sapphire Preferred...the Venture X seemed better at least for now.

[Anonymous No.56068579]

Is there any feasible reason why I shouldn't just debtmaxx and apply for credit card after credit card and then lie about injuries and weasel my way into paying the minimum possible monthly installment and then get my credit repaired and start all over again?

I got nothin' to lose.

[Anonymous No.56068844]

Discover Chrome (starter card, oldest account)
Discover It

Chase Prime Visa
Chase Freedom Flex
Chase Ink Unlimited
Chase Ink Cash

AmEx Blue Cash Preferred
AmEx Blue Business Cash
AmEx Blue Business Plus
AmEx Hilton Honors Business

Sam's Club Plus Mastercard
PayPal Mastercard

Protip to all God fearing anons, the Chase Ink Cash is the best credit card on the market currently, use it to buy up to $25,000 in fee free gift cards at Staples/ODOM every year for 5x Chase UR catch all with no annual fee. Transfer those points to your hotel or airline of choice for maximum value.

[Anonymous No.56068956]

>>56068844
WTF do you need $25,000 in Staples gift cards for?

[Anonymous No.56069040]

>>56068956
Amazon gift cards, Home Depot gift cards, Apple gift cards, Google Play gift cards, Disney gift cards, Southwest Airlines gift cards

How about fee free Visa/Mastercard gift cards and prepay your insurance/utilities/taxes etc? Or use them to shop at Costco or wherever else?

[Anonymous No.56069103]

>>56067491
>Same. I have at least 30 that I spent on just to get the new offer bonus and then I never use them again.

Its free money. It makes no sense not to do it honestly. Its spending you would have to do anyway to live. You can usually churn 5 or 6 cards a year. That is another $1200 to $3000 depending on your monthly spending. That's almost one whole month of expenses free for the average person.

[Anonymous No.56069123]

>>56069040
I don't get it...what's the difference between just buying whatever it is when you need it and getting giftcards? do you get some bonus miles or something when you buy the giftcard?

[Anonymous No.56069128]

>>56068844
>ODOM

ODOM? Am I able to convert those points into anything further besides points for hotel or airlines?

[Anonymous No.56069460]

>>56067438
Have all of the picrel ones. Do you want the number to confirm?

[Anonymous No.56069620]

I just use debit because I'm not American

[Anonymous No.56069757]

>>56069123
>>56069128

One of the reward categories on the card is 5x points (5 points for every dollar spent) at office supply stores like Staples or Office Depot/Office Max (ODOM). These stores often (monthly) run promotions selling Visa and Mastercard gift cards with no activation fee, effectively rewarding you for buying cash equivalents, which you can use to pay off your credit card statement or pay for anything else you might like.

The points are Chase Ultimate Rewards (UR) which are the most valuable transferable currency offered by any bank, hotel or airline.

The points can be redeemed for 1 cent per point minimum always making the card at minimum 5% cash back on anything you can buy a gift card for (basically everything) at an office supply store. The UR points can also be transferred out to partners like Singapore Airlines, World of Hyatt etc for greatly elevated rates, often 5 cents per point or more, meaning you can effectively get enormous cash back rates when you redeem your points for travel. Chase also had a program called Pay Yourself Back which allowed you to redeem points for elevated value (1.1-1.5cpp) on common categories like dining, groceries, utilities etc

The signup bonus for the no annual fee Ink cards has historically been between 75k UR for $7500 spend in three months, to 90k UR for $6000 spend in three months, which is massive.

[Anonymous No.56069783]

>>56067438
Germany is hard. Free AMEX with 0.5% cashback. That is the best free offer i could find.
I think i also have a VISA Debit, but never used it. Came with a stock depot.

>>56067760
Yes.

[Anonymous No.56070021]

>>56069783
Yeah Europe is generally shit for credit cards. I have one but the only benefit to using it is keeping my spending more organized.

[Anonymous No.56070365]

>>56068470

Nice! Those cards cover a lot of my usual expenses and I get the most value from them.

I got the Chase Sapphire Preferred really just to take advantage of the 90K point in branch offer. I'm actually thinking about downgrading it to a no fee Chase card before the annual fee date comes up.

I was looking at the Venture X as well. Compared to the Chase Sapphire Reserve and AMEX Platinum, that one seemed to give the best value with the $300 travel credit that offsets the annual fee. I might try to apply for it next year, though I hear it's a pretty tough card to get approved for. I also wish there was a Capital One lounge in my area, but that's not going to be a thing considering my local airport is tiny.

[Anonymous No.56070381]

>>56070365
Venture X has its own dedicated pre-approval tool now btw

https://www.capitalone.com/credit-cards/preapprove/venture-x/

[Anonymous No.56070509]

>>56070381
Didn't know they had this. I'll have to try it later, thanks!

>>56069757
That's...actually pretty clever. Sounds like the easiest way to tack up on those UR points on a no fee card. Might have to look into that Chase Ink Cash card down the line.

[Anonymous No.56070729]

>>56067438
I travel a lot for business, so I *love* my Amex plat.

>free TSA pre-check/global entry
>access to most airport lounges, including centurion lounges
>travel points that are actually worth something
>concierge service
>insurance on all your travels
>tons of other free stuff

It's well worth the annual price.

[Anonymous No.56070931]

my credit is shit right now but I got some run of the mill wells fargo credit card and a chase sapphire preferred one.

[Anonymous No.56071207]

>>56070931
Wells Fargo Active Cash (2% cashback on all purchases) is my daily driver.

[Anonymous No.56071236]

Just got the Chase Ink Preferred and using it for all my bills to get the juicy sign-ups bonus. I mostly use the American express Blue Cash Preferred for 6% back on groceries and the Bank of America cash rewards that allows you to get 3% back on online purchases. Bank of America sucks though.

[Anonymous No.56071370]

>>56071236
>American express Blue Cash Preferred for 6% back on groceries

Wow never seen past 5%. That's solid. I'm assuming that category counts for beyond food and includes hygiene and cleaning products? Virtually anything you can buy at a grocery store?

[Anonymous No.56071741]

>>56071370
The card has a $95 annual fee and a $6k cap on the grocery category. It's objectively worse for groceries than other cards like the Citi Custom Cash or AAA Daily Advantage if that's all you use it for.

It also earns 6% back on a VERY broad "streaming" category, which is more like an "internet services" category. I know anything you can bill through Google Play/Apple Play etc gets 6% cash back which is pretty damn good for some people. Buying stuff like PPV through ESPN+ also counts as streaming. It's pretty handy.

The card also earns a decent 3% on gas and transit (Uber, parking garage, train tickets, etc but not airlines)

Yes, anything product you buy from a grocery chain i.e. Kroger, Publix, Wegman's etc will count. Costco/Walmart will not.

The cashback can be redeemed for statement credit only.

AmEx offers are really good and will probably save you a few bucks at least to help you offset the AF.

All of the AmEx "Blue" cards are excellent.

[Anonymous No.56071841]

>>56071741

I'm assuming internet services doesn't include the internet bill itself? That sucks about the annual fee. The 6% would probably pay it off within 3-4 months.

Right now I'm going to start flipping cards for their spend bonus. Its effectively going to be getting like nearly 10% all my spending each month for me if I spam the sign up bonus cards. I could easily get $1200 back in a year from churning cards.


I wish a service existed that helped automate the process to ensure you get sign up bonuses for banks and credit cards.

[Anonymous No.56071882]

>>56067438
Hey CC's are nice but what about some AI powered crypto project like Blackswan. The AI-powered trading bot swiftly executes trades by analyzing news releases, allowing you to enter positions ahead of the market response, whether the news is positive or negative. You have the option to select the specific events you wish to trade on. For additional information, refer to their Twitter or website: blackswan dot biz

[Anonymous No.56071942]

>>56071882

I'll be adding Blackswan to the list of shit I never buy now. Why do you have to shamelessly shill in the wrong thread at that too

[Anonymous No.56072159]

>>56068459
Was thinking about getting the Amazon prime card and Citi double cash but saw some bad reviews that made not. Might get the Amazon one next for my Amazon shopping.