yfan wrote:kdm31091 wrote:I think my interest in maximizing rewards has peaked, and so it's become easier to garden and focus on growing what I have and maintaining a solid set of cards vs chasing every penny in rewards with tons of new accounts.
Oh, I still have plenty of interest in maximizing rewards, but I don't need a crazy number of inquiries with an equally crazy number of cards to juggle to do that. I think that a lot of people would do better to focus on the benefits offered by the cards they already have.
For example, a whole lot of the store card syndrome can be solved by using Discover Deals and shopping online. You get the 5% cashback like a store card (or more) if the store is listed (double that if you are enrolled in that promo), and lots of retailers now offer store pickups for those online orders - so it's a win, win. Amex Offers is another great way to get small "bonuses" for small spends without grabbing a new card every other day. BankAmeriDeals can also be good depending on what you are spending on. And Citi Offers, which is new but turning out to be useful for me. I know they don't have the Citi Offers on the Double Cash (yet), but I lucked out having a Diamond Preferred card, which while not a direct rewards card (well it has rewards but hard to redeem the "Easy Deals" points) does get the offers.
I've probably saved at least as much proportionally using these deals as I would have applying for a card with a bonus.
Yes, I looked at Discover Deals since I've gotten it, and am pretty impressed. Better deals on Apple merchandise than Chase.
My next move would be to figure out what I'll be using Chase Freedom for, and I think I've figured it out. Since I'll be dumping CareCredit in the not too distant future I may use that for medical/dental bills and other emergency spending. Now I'll just have to have the limit raised from the $2k it is now.