First of all, Happy New Year!
The results are in! Well, not entirely, but I do know what I’ve been approved for and what I did not get approved for. This is my first actual app-o-rama since getting into the points and miles game early last year. I think it went well and I’m pleased with the results. Keep in mind, unlike last year where Joann participated, this time around it was only me. I won’t go into detail about the perks of these cards as most of them are solely used for their sign-up bonuses.
American Express Starwood Preferred Guest Business
10,000 miles after first purchase. 20,000 miles after spending $5,000 in 6 months. I had to get in on more Starpoints before the offer disappeared. I was not instantly approved for this card. An AmEx agent did call to verify a few key points about my “business” but nothing I couldn’t answer instantly. StarPoints are so versatile that I have no immediate plan for them. I may use them for award stays in Bali or convert them into US or AA airline miles.
Chase Ink Bold Business
50,000 miles after spending $5,000 in 3 months. This was another card that I could not pass up. Chase’s Ultimate Rewards program is my primary program so I’m up for any way to build up its balance. I was not instantly approved for this card either and it was slightly difficult. A Chase agent called me regarding my 3 new Chase accounts in 2010 and why I’d want another card. I gave him the old “to keep business and personal expenses separate” spiel. He agreed to approve the card with a $10,000 limit but only after closing my old Continental OnePass Plus card ($10k limit) and lowering the $23k limit of my Sapphire Preferred to $10k as well. So I lost $13k in open credit; not a big deal to me at all.
Chase United MileagePlus Explorer
50,000 miles after first purchase. I would have loved to have been approved for this card, but I guess it just wasn’t in the stars. I was eventually declined due to too many recent Chase cards being opened. I did call the reconsideration line multiple times, but to no avail. Ah well, can’t win ’em all. I’ll hopefully revisit this card in 6 months.
American Express Gold Delta SkyMiles
25,000 miles after first purchase. 15,000 miles after spending $1,000 in 3 months. Very easy. I was instantly approved. I definitely won’t keep this card long enough to see the annual fee hit, but it’s a great offer if you want to earn SkyPesos, which I do. I find flight availability to Europe to be very good from the NYC area so that is my goal for the SkyMiles I’m collecting.
US Airways Premier World MasterCard
40,000 miles after first purchase. This is basically a free application because I was instantly approved and the issuing bank, Barclays, pulls from TransUnion, the rarely used credit agency. I may actually keep this card around because you receive 10,000 miles each year anniversary and that, to me, offsets the cost of the annual fee ($89). This also builds up my US Airways mileage account that sits around 100k thanks to the 2011 Grand Slam promotion that I took part in a few months ago. I plan to redeem the US miles for international Star Alliance partners (only 120k miles round trip to Asia in F).
So all in all, I will come away with 160,000 miles for spending $11,000. It cost me 4 Experian inquiries and 1 TransUnion inquiry. This is going to be pretty easy considering Joann and I have a wedding to pay for next month and all the balances are due by the end of January. This isn’t a big haul by any means but it was easy to attain and will add nicely to our stockpile of over 1 million miles/points.