What is your "Dream" card?

For just about anything you want to get off your chest about credit cards.
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kcm7
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Postby kcm7 » Fri Nov 07, 2014 9:26 am

Speaking of "dream credit cards," my significant other told me I was talking in my sleep last night about how I needed to apply for a Discover because I want to get the 5 percent off on the Sodastream on Amazon.

So I guess, right now, the Discover It is *literally* my dream card.
Cards:

-Capital One Quicksilver
-Barclaycard Arrival (no AF)
- US Bank (no rewards)
-IHG


Nixon
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Postby Nixon » Fri Nov 07, 2014 10:57 am

kcm7 wrote:Speaking of "dream credit cards," my significant other told me I was talking in my sleep last night about how I needed to apply for a Discover because I want to get the 5 percent off on the Sodastream on Amazon.

So I guess, right now, the Discover It is *literally* my dream card.


Sallie Mae is 5% on Amazon as well :p
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CarefulBuilder14
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Postby CarefulBuilder14 » Fri Nov 07, 2014 11:11 am

Nixon wrote:Sallie Mae is 5% on Amazon as well :p


It's more complicated than that - only certain Amazon purchases qualify for 5%. I bought a Kindle book a month or two ago that only got 1%.

I haven't figured out all the rules, and you might get 5% back on Amazon on Sodastream stuff with Sallie Mae - but there's a chance you won't.

My current best guess is that anything that says it is sold by 'Amazon.com' - and not a 3rd party merchant on Amazon or 'Amazon Services - Kindle' - would qualify for the 5%.

Edit: PlyrStar93 (below),

That's exactly the issue I had - the Kindle book was coded as a record store purchase.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

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PlyrStar93
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Postby PlyrStar93 » Fri Nov 07, 2014 11:17 am

Basically if you buy something and it's coded as bookstore, then it qualifies 5%. Digital contents (i.e. mp3, instant videos, e-Book and etc.) will be coded as record stores and thus not qualify (despite my Citi Forward takes both bookstore and record store purchases as 5x points).

And, to make the purchase coded as bookstore, it is not necessary to buy Amazon sold products at all. A third-party seller still qualifies.

Sometimes even if you buy at the non-digital stuff it's possible for them to code the transaction as computer network services and not qualify 5%.
Citi Forward Visa $5000 10/2012 | American Express Blue Cash Everyday $8000 2/2014 | Discover it $7000 5/2014
Chase Freedom Visa Signature $7000 6/2014 | Citi ThankYou Premier Visa Signature $5000 1/2015
All EMV.

Nixon
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Postby Nixon » Fri Nov 07, 2014 11:27 am

PlyrStar93 wrote:Basically if you buy something and it's coded as bookstore, then it qualifies 5%. Digital contents (i.e. mp3, instant videos, e-Book and etc.) will be coded as record stores and thus not qualify (despite my Citi Forward takes both bookstore and record store purchases as 5x points).

And, to make the purchase coded as bookstore, it is not necessary to buy Amazon sold products at all. A third-party seller still qualifies.

Sometimes even if you buy at the non-digital stuff it's possible for them to code the transaction as computer network services and not qualify 5%.


You can always buy Amazon GC's and make sure to get the 5%.
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Cre
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Postby Cre » Fri Nov 07, 2014 3:45 pm

PlatinumAMEX94 wrote:I'm pretty happy with what I've got....

American Express Platinum Personal, Member since 94
Chase United Explorer - Visa Signature
Chase Sapphire Preferred
American Express Business Simply Cash

American Express Costco Business, American Express Platinum Business
Bank of America 10k, Capital One Venture World MasterCard 7.5k, Fidelity Visa Signature 10k
Citibank ThankYou Premier World MasterCard - Card Member since 91, 25k
Discover 10k Member since 91, Wells Fargo Personal & Business Visa Signature
USAA World MasterCard 12k, Chase Slate Exclusives Visa 5k

Lifelock member, USAA credit monitoring, Security Freezes E/E/TU, 800+


The original question of this thread can potentially be (mis) interpreted as a veiled "boast post", however, "it ain't bragging if you can back it up!". And back it up you have.

By my count, it appears as if you have approximately 14 open lines of credit on a mixture of preferred cards, some of which have annual fees?

On the bottom half of your list, it appears as if those cards whose limits are identified total to at minimum $79,500.00 in available credit?

And then there is the top half of your card list, separated by a return line... what is the distinction? (Pardon my ignorance... and anyone can answer).

What is the total amount of annual fees that you pay to maintain some of the cards that you have?

Are any of these fees waived, due to your longevity with their cards?

I recently read on the forum that mortgage lenders sometimes frown upon too much available credit via credit cards. Has this been an issue for you? Even if you've paid off your own home, is there any difficulty securing financing for investment or rental property?

Sorry for so many questions, but you presented an interesting portfolio of "dream" cards, the constellation of which, when held by one individual, is a topic in and of itself.
Current Cards:
AmEx Platinum Charge: NPSL, $450 AF
AmEx Reserve Credit: $30K limit, $450 AF
Chase Slate Visa Credit: $32K limit, No AF
Future Strategy:
Near Term: Need a good MasterCard for places that won't accept AmEx or Visa
Long Term: Will downsize out of one or both current AmEx cards to reduce AFs

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ScoreOnTheRise
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Postby ScoreOnTheRise » Sun Nov 09, 2014 12:46 am

I don't know if I have a "dream" card, but I'm holding out about 8 to 10 months more to keep from straining my AAoA before applying, but but am looking at going for a Chase Sapphire Preferred and/or an Amex Blue Cash Everyday.
American Express PRG [NPSL]
Chase Sapphire Preferred [$25K]
American Express BCE [$20K]
Discover it [$18.5K]
Barclaycard Arrival World MC [$6K]
Citi Diamond Preferred MC [$4K]
Citi Home Depot Consumer Credit Card [$3K]
Citi Best Buy Visa [$2K]

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lobbythis
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Postby lobbythis » Sun Nov 09, 2014 1:24 am

ScoreOnTheRise wrote:I don't know if I have a "dream" card, but I'm holding out about 8 to 10 months more to keep from straining my AAoA before applying, but but am looking at going for a Chase Sapphire Preferred and/or an Amex Blue Cash Everyday.


No Arrival+? You're already halfway there.

luisdaa
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Postby luisdaa » Mon Nov 10, 2014 12:23 pm

My dream card would be the "Diners Club Carte Blanche". Unfortunately it's only issued to corporate accounts. The only reason I would like to get it is because at one point the "Carte Blanche" was the most prestigious card around. Of course, that was back in the 60's.

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ScoreOnTheRise
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Postby ScoreOnTheRise » Wed Nov 19, 2014 11:58 pm

lobbythis wrote:No Arrival+? You're already halfway there.


:confused:
American Express PRG [NPSL]
Chase Sapphire Preferred [$25K]
American Express BCE [$20K]
Discover it [$18.5K]
Barclaycard Arrival World MC [$6K]
Citi Diamond Preferred MC [$4K]
Citi Home Depot Consumer Credit Card [$3K]
Citi Best Buy Visa [$2K]



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