Otherwise you shouldn’t have any problem explaining the mileage game to a mortgage officer in case they ask why you have so many lines of credit. In fact if you are using your credit wisely your score should be excellent even if you do open lots of credit cards, which will mean you’ll get the lowest possible interest rates. … [Read more...] about Building Credit And Credit Card FAQs: Your Questions Answered
Best interest free balance transfer credit cards
Laurentian Bank Student VISA Black Card No annual fee 19.99% interest on purchases 21.99% on balance transfers or cash advances Optional Rewards Card available for $3.50/month (will reimburse if more than $350 is spent per month) Click here to learn more & sign up for the Laurentian Bank Student VISA Black card now … [Read more...] about Best Student Credit Cards Canada 2018
Another benefit of the card not reporting on your personal credit report is that when you spend money on personal cards your credit score will be hurt even if you pay your bill on time. A whopping 30% of your credit score is based on credit utilization. You can pay off your card bill before your statement is generated to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On an business cards from banks like AMEX and Chase it’s just not reported, so you can wait until the money is due without it having a negative effect on your score. That also means if you close the card, it won’t have an effect on your credit score. … [Read more...] about This Is Why You Should Have A Chase Ink Cash Card: Earning 5 Ultimate Rewards Points Per Dollar On Amazon And Everyday Spending
If I want to stay in a 5 star Park Hyatt in the Maldives, Melbourne, NYC, Paris, Sydney, or Tokyo that would cost over $1,000/night, I can instantly transfer 30K points to Hyatt to do that, a value of 3 to 6 cents per point. If you earn 5 points per dollar and each points is worth 5%, that’s like getting a 25% rebate on your purchase! If I need a one-way flight from Cleveland (or Chicago, Detroit, Miami, Montreal, Orlando, Pittsburgh, Toronto, etc) to NYC that can cost $500 each way, I can instantly transfer 7.5K points to British Airways to book a short-haul on American with no last minute booking fees. Or if American doesn’t have availability I can instantly transfer 10K points to United for their short-haul award. That’s a value of up to 7 cents per point. If I want to stay in a non-chain hotel that costs $300/night and don’t want to pay cash, I can redeem 20K points for the room thanks to my Sapphire Reserve card’s minimum … [Read more...] about This Is Why You Should Have An Ink Cash Card: Earning 5 Points Per Dollar On Amazon+More; Master List Of Gift Cards Earning 5x
The Chase Ink Business Unlimited Card is currently offering $500 in the form of 50,000 Chase Ultimate Rewards points after spending $3,000 within 3 months. This is an excellent card for anyone trying to maximize their everyday spending. It fulfills the same function as the Chase Freedom Unlimited card by earning 1.5% back everywhere in the form of 1.5 Chase Ultimate Rewards points per dollar everywhere. As the Ink Unlimited is a business card, you won’t hurt your credit score with your spending and it offers a higher signup bonus than Freedom Unlimited. Pair this card with a Chase Sapphire Reserve Card and you’ll be earning a minimum of 2.25% back everywhere as the Sapphire Reserve allows you to redeem your points at a minimum value of 1.5 cents each. Transfer your points into miles and redeem them at a value of 2 cents each to earn 3% back everywhere. The Chase Ink Business Cash Cardis currently offering $500 in the form of … [Read more...] about Reader Question: Which Chase Ink Card Should I Apply For?
The Chase Freedom is a consumer card with no annual fee. The signup bonus on this card is marketed at $150, but will actually come in the form of 15,000 points. Used correctly, those points will be worth $225-$300. This card markets itself as earning 5% cash back in rotating categories, but really it earns 5 points per dollar in rotating categories. Used correctly, that’s 7.5%-10% back in rotating categories. The maximum spending in the rotating categories is $1,500 per quarter. Rotating categories have included restaurants, Amazon, Walmart, telecom, department stores, grocery stores, gas stations, wholesale stores, mobile payment purchases, and more. 0% APR on purchases and balance transfers for 15 months. The Chase Ink Cash is a business card with no annual fee. The signup bonus on this card is marketed at $500, but will actually come in the form of 50,000 points. Used correctly, those points will be worth $750-$1,000. This card markets itself as earning … [Read more...] about Ultimate Comparison Chart Of Chase Ultimate Rewards Cards; Supercharge Your Earnings By Creating Your Own Killer Quinfecta!