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Old 01-15-2022, 06:42 AM   #61
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Those of you with big Fidelity credit card rebates should really look into stashing $100k in stock/ETFs at Merrill Edge, so you can qualify for Bank of American Preferred Rewards at the Platinum Honors level. You can get 2.625% back on all purchases with their Premium Rewards card once you are at that level, and 3.5% on dining and travel.
IIRC, the 3.5% on dining and travel for the Premium card was only for part of 2021 throughout the remainder of the year.
In 2022, it reverts back to 2.625%.
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Old 01-15-2022, 01:03 PM   #62
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$4653, net of annual fees.

Chase Ultimate rewards (2 cards) gave us most of one business class trip to Madrid, a round trip to Colombia next week, and seveal hundred in travel "credits." (DW opened the second card last year and her bonus is included in this).

Couple of BoA cards with Platinum Honors gave us the remainder in cash and "travel" rebate/credit.

Most of this year and all of next, we'll be getting free companion fare on Southwest from bonuses and spending on the SWA/Chase card that we opened in December. That one will add up...

Relatively big spenders on travel and dining, so Chase Sapphire Reserve actually does well for us despite the annual fee. Currently have 100K points, which we'll use this year.
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Old 01-16-2022, 08:26 AM   #63
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We use Chase as our "core"

Chase Freedom (5% rotating categories)
Chase Freedom Flex (got 5% for groceries for 1 year, then rotating 5% categories)

Then we use Chase Sapphire Reserve ($550 year) for dining and travel and ALL points earned get tsfrd to CSR for the 50% bonus on some items. Specifcally, we route all points to "pay yourself back" for dining. So we basically dine weekly on points.

Of course we got huge signup bonuses when we signed up. We actually spent the 95 to get my wife the sapphire preferred, 100K, ported it to CSR and it became 1,500 in dining and entertainment.

We haven't paid for airline tickets in 5 years give or take. Just before the pandemic we had 700000 points (10,500 in value) plus we put about 90-100K in biz expenses so they keep accumulating. When the pandemic hit, they added the pay yourself back categories of groceries and dining. We went 8 months not paying for groceries and 18 months free dining out.

Then we ocassionally do signup bonuses on Cap One or Amex (Delta). Just got a $700 SUB from Cap One Spark for spending 6K in 3 months.
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Old 01-16-2022, 09:43 AM   #64
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I got the Chase Sapphire sign-up bonus of $1,000 (+) worth of points. But yesterday I got my house insurance renewal....the dreaded "we couldn't give you the best rate" cover letter This isn't based on credit score (mine is >800), it's based on several things, one of which is the number of hard credit pulls, and also the most recent issue of credit. I don't know exactly how much more I'm paying, but it's probably around $50. No big deal, but annoying.
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Old 01-16-2022, 10:31 AM   #65
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<snip>
plus we put about 90-100K in biz expenses so they keep accumulating.
There's the key. Having ongoing large business expenses that one can use the card for. For me to spend 90 to 100K on any card or combination of cards would require one of three things:

1. I win a multi million dollar lottery and go wild.
2. I own a profitable business with lot of cash flow.
3. I spend down my assets on wild flings and then end up in the Poor House.

Otherwise I accumulate points/miles at a very slow rate with the exception of credit card signup bonuses.
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Old 01-16-2022, 12:36 PM   #66
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I received $1690 in credit card rewards and $2850 in bonuses for account and credit card opening for a total of $4540 in 2021. I move the money to a separate account throughout the year and give the balance on my birthday to charity.
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Old 01-16-2022, 11:48 PM   #67
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I got the Chase Sapphire sign-up bonus of $1,000 (+) worth of points. But yesterday I got my house insurance renewal....the dreaded "we couldn't give you the best rate" cover letter This isn't based on credit score (mine is >800), it's based on several things, one of which is the number of hard credit pulls, and also the most recent issue of credit. I don't know exactly how much more I'm paying, but it's probably around $50. No big deal, but annoying.

How do you get a lot of hard pulls ?
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Old 01-17-2022, 06:11 AM   #68
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Wondering how inquiries on your credit report translate to higher risk for the insurer?
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Old 01-17-2022, 06:13 AM   #69
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$4255 in bonuses and cash back.

150K Marriott points
90K Wyndham points
125K IHG points

not counting points for stays and promotions
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Old 01-17-2022, 07:25 AM   #70
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I'd chase more rewards but DW likes to keep our life simple, and won't let me. My 2 primary cards are AMEX Blue Cash Preferred and Chase Freedom. I'm too lazy to check specifics, but total rebates from last year was about $1000, less the $95 AMEX fee so about $900 net. Oh, yeah I almost forgot: thanks to my Dunkin Donuts "DD Perks" account, I also got about 12 free cups of coffee last year
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Old 01-17-2022, 07:30 AM   #71
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Actually, with Bank of America Customized Cash Rewards card you can get 5.25% on a selected category (3% plus 2.25% [75% platinum honors points]).
Wal-mart grocery pickup codes as online, so 5.25
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Old 01-17-2022, 11:10 AM   #72
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How do you get a lot of hard pulls ?
I only had the one hard pull. I was just listing what the letter said were the reasons for getting the higher price. I suspect the driver in my case was the new credit card.

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Wondering how inquiries on your credit report translate to higher risk for the insurer?
Statistics. They see a correlation and that's all it takes... the mechanism of action need not be understood.
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Old 01-17-2022, 12:13 PM   #73
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Originally Posted by carty1 View Post

Actually, with Bank of America Customized Cash Rewards card you can get 5.25% on a selected category (3% plus 2.25% [75% platinum honors points]).


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Originally Posted by foxcreek9 View Post
Wal-mart grocery pickup codes as online, so 5.25
Even better, if you pay via the app, in store purchases count as online. Same is true of Kroger and Sam's club (and at the latter, it lets you avoid the checkout lines).

N.B., the cash rewards card limits you to $2500 in eligible grocery and bonus category purchases each calendar quarter.
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Old 01-17-2022, 12:36 PM   #74
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I only had the one hard pull. I was just listing what the letter said were the reasons for getting the higher price. I suspect the driver in my case was the new credit card.

....

Sounds to me like they would have used any excuse as 1 hard pull is really nothing and for me I know it knocks only 20 points off my rating, which still leaves it high.


Now maybe they are looking somewhere else and seeing a lot of pulls due to identity theft and theft attempts.



I wonder where they look ?
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Old 01-17-2022, 01:25 PM   #75
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We are not big spenders about $168 cash back.
Same here. I am thrilled I got $86 back in cash rewards. Some of those here get more back in cash rewards than I spent using my CC!
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Old 01-17-2022, 02:17 PM   #76
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In 2021 I got back $1,077

I use citibank double cash rewards card - 2% on everything and
Costco credit card
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