April 2015 Garden Cult Thread

For just about anything you want to get off your chest about credit cards.
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oldsoldier
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Postby oldsoldier » Mon Apr 13, 2015 1:04 pm

I figured I would just look around a bit with no attentions of apping. Stopped by NFCU web site and there I was justifying every reason why I needed a High limit card with low interest in my wallet. The rest is history. There is always next month.
BoA Cash Rewards $13,000
Chase Sapphire Preferred $14,000
BoA Better Balance $12,000
Amex Every Day $24,000
Discover It $19,000
NFCU Cash Rewards $25,200
Barclay Arrival WMC $10,000
Cap One QuickSilver WMC $7,200
WF Cash back Visa Sig $11,000
Citi Thank You Premier $13,500


Ghoshida
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Postby Ghoshida » Mon Apr 13, 2015 7:21 pm

oldsoldier wrote:I figured I would just look around a bit with no attentions of apping. Stopped by NFCU web site and there I was justifying every reason why I needed a High limit card with low interest in my wallet. The rest is history. There is always next month.



Yowza!

Even on Saturday, your NFCU limit would have been more than my top 2 cards combined.
Thankfully, not any more :D Still, none of my cards are there yet. Congrats !
AMEX BCE | PRG || Barclaycard Sallie Mae || Capital One QuickSilver | Venture || Chase Freedom | Sapphire Preferred || Citi Dividend || Discover It || UFCU Great Rate || US Bank Cash+ #1 | Cash+ #2 | Club Carlson Plat | REI || Total CL $144.2k + PRG NPSL, not counting AU

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CarefulBuilder14
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Re: April 2015 Garden Cult Thread

Postby CarefulBuilder14 » Wed Apr 29, 2015 3:36 pm

I'm out.

Amex Everyday Preferred. $4,500. 0% on purchases and BT for 15 months, then 18.99%. 15000 MRs for $1k spend in 3 months.

I did a pretty thorough analysis of my spending in the last year, and somewhat pessimistically assuming...

1. I get no 50% bonus for 30 transactions.
2. I get 1.3 cpp for an MR (after factoring in the transfer tax).
3. I put no value on Small Business Saturday or other offers.

...EDP still comes out ahead (very slightly) of my Sallie Mae/PRG mix. PRG will be for perks and airfare, and Sallie Mae will be for Amazon, and a hedge against future EDP nerfing.

*Edit: And even with the lost chance to earn 1.5 MRs at Costco after 3/2016, the value is still there. I was just leaving a lot of rewards on the table since my grocery spending does have some big spikes over $250 some months.*

**Later Edit: I realize I did make a mistake in my spreadsheet, since BCE doesn't have a monthly cap. Still, one or two months of getting the extra 50% is enough to put EDP back in the lead.**

This is, technically, the first time I've paid an annual fee on a card. PRG and CSP (both of which I plan to keep - at least for another full year) had the fees waived the first year.

As an up-to-date data point for the PC rules/guidelines, I did ask if it was possible to PC my BCE into EDP. The CSR said no - it would have to be a new account due to the different rewards systems.

The CL is perhaps a bit low, but I'm not surprised or annoyed. Most of my spending had been going to Chase, despite Amex giving me a then-big $6k limit in August on BCE (which I've barely used). Maybe I'll call and try to move the CL around.

Is that something that's best to do right away after approval? Or should I wait until the EDP has arrived and I've activated the card to move the limits around? I know nothing is guaranteed about that.
Last edited by CarefulBuilder14 on Wed Apr 29, 2015 6:08 pm, edited 3 times in total.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

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PlyrStar93
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Re: April 2015 Garden Cult Thread

Postby PlyrStar93 » Wed Apr 29, 2015 3:39 pm

I have frozen my TransUnion. Was attempting to freeze Equifax and Experian as well, but they won't let me do it online. Just sent out the request by mail, and I should be expecting freezes in place within 2 weeks.
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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Re: April 2015 Garden Cult Thread

Postby Nixon » Wed Apr 29, 2015 4:25 pm

I'm still in since the 9th, NFCU second card denial.
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