I’ve been cutting up cards right and left as I reevaluate all the money that was heading out for annual fees. I’ve even stopped putting my normal spend on credit cards and have gone to cash / debit card instead. I know it sounds counter intuitive to pass up on all these miles, but frankly it just wasn’t working for me. Call it a lack of discipline or whatever, but dealing with cash and a debit card is helping me attack some personal debt pretty quickly and I like the results 3 months in.
I’m down to an American Express Platinum Delta card, no annual fee American Express hilton card, and some other various no fee cards. I don’t have any surprise credit card statements with huge balances anymore to pay off each month and I’m sticking to a written budget instead and it’s working great. To summarize – It’s the end of earning miles for me as we know it – and I feel fine.
With that being said, I was itching to grab a couple of cards to take part of some lucrative sign up bonuses – but the criteria is I didn’t want to have to shift any household spending to them to hit minimums. Based on that – here are three I recently applied for and received.
1) American Express Premier Rewards Gold card. 50,000 Membership rewards points for a $1,000 minimum spend within 3 months. Any easy minimum to meet via some online payment options with plenty of time. I’ve never owned this card and therefore it was a cinch to add this one.
2) US Airways Mastercard . 40,000 US Airways points after first purchase. It’s also issued from Barclays Bank and I’ve never owned a credit card from them and it was another easy approval with low minimum. Also with the impending merger of US Airway and American Airlines – I wanted to grab one quickly to bulk up the miles. I did the same prior to the Northwest / Delta merger.
3) American Airlines Visa. 50,000 points after a $2,500 spend in 4 months. It’s been years since I had an American Airlines credit card and this minimum spend is spread out enough over 4 months where I can meet the minimum via some online payment options as well.
Three cards with three low spends to bolster some of my mileage balances. A quick churn while still keeping fiscal sanity.