May 2016 Garden Club/Cult

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JonE
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Re: May 2016 Garden Club/Cult

Postby JonE » Tue May 24, 2016 8:27 pm

CarefulBuilder14 wrote:For me, dining spend varies tremendously from month to month. It can be under $100 or over $1,500 per month. $300 is pretty typical.


For me I MAYBE spend $100 a month on dining (which for me includes the local barista or that food truck on the corner, even the cafeteria at work, not just restaurants proper) so something along the lines of a 1.5% card on everything would work better since I could consolidate spending to that card if need be. Now if there was a full-time 5% Groceries and Gas card I'd be all over that!
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kdm31091
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Re: May 2016 Garden Club/Cult

Postby kdm31091 » Tue May 24, 2016 8:44 pm

I feel like I eat out a lot, and it still comes out to maybe $300 a month. $500 a month wouldn't be impossible but would probably be unlikely.

TXviking
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Re: May 2016 Garden Club/Cult

Postby TXviking » Tue May 24, 2016 10:32 pm

JonE wrote:
CarefulBuilder14 wrote:For me, dining spend varies tremendously from month to month. It can be under $100 or over $1,500 per month. $300 is pretty typical.


For me I MAYBE spend $100 a month on dining (which for me includes the local barista or that food truck on the corner, even the cafeteria at work, not just restaurants proper) so something along the lines of a 1.5% card on everything would work better since I could consolidate spending to that card if need be. Now if there was a full-time 5% Groceries and Gas card I'd be all over that!


The new Citi Costco gas offers 4% cashback on gas. That makes it a keeper in my book.

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Wed May 25, 2016 12:29 pm

CarefulBuilder14 wrote:I have found my next source of temptation, though. :ppp I was on Wyndham trying to book an award stay and found a hidden offer for 30k+15k after $1k spend. That's enough for 3 free nights for $1k spend and payment of a $69 AF. The renewal bonus is only 6k, though.

Still, over a three-year period (during or after which the card and/or program could easily be nerfed), the bonus and renewal points would be 76% of what I wanted. 76% of something great is still pretty good...but I'll hold off while minimum spend remains on Platinum and Prestige. I can probably snag some more points through USTA next year, anyway.

I'll pass. I won't really benefit that much from another 45k Wyndham points at present.

I still think the bonus looks great for higher-end redemptions ($200+), and I'll probably go for it eventually, but for now I have a lot in the way of accumulated hotel points and certificates.

I could certainly use the points before they expire, but I'm unlikely to use them in the next three months or so (since I can use other points and perks). I've been pretty aggressive as far as getting new cards, and if I wait a few months, I'll have a few inquiries age/die, and more accounts hit two years of age. That should lower the risk of any AA.

So, as I see it, applying soon would involve:
Reward: Possibly 15k more points than I'd get if I applied another time...but points that I'm unlikely to actually use for 3+ months.
Risk: Elevated risk of AA on other cards, most of which I really want to keep.

So waiting seems to be the thing to do.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Wed May 25, 2016 12:36 pm

TXviking wrote:
JonE wrote:
CarefulBuilder14 wrote:For me, dining spend varies tremendously from month to month. It can be under $100 or over $1,500 per month. $300 is pretty typical.


For me I MAYBE spend $100 a month on dining (which for me includes the local barista or that food truck on the corner, even the cafeteria at work, not just restaurants proper) so something along the lines of a 1.5% card on everything would work better since I could consolidate spending to that card if need be. Now if there was a full-time 5% Groceries and Gas card I'd be all over that!


The new Citi Costco gas offers 4% cashback on gas. That makes it a keeper in my book.

Not even "Old" Blue Cash or Sallie Mae offered that. OBC came close for heavy spenders, though.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

TXviking
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Re: May 2016 Garden Club/Cult

Postby TXviking » Wed May 25, 2016 12:43 pm

So according to Discover, my (TU) FICO score dropped from 766 to 741 after my mortgage refi. Just got my newest score today; my successful CSP app last month apparently dropped it even further to 729 points. The only other credit-related event I've had was a Discover credit line increase, but that was based on internal records alone (according to the Discover CSR) and no HP appeared from it on any of my reports (according to CK.)

Utilization is essentially at 0; however, Discover cites the shortsale delinquency and "too few accounts currently paid as agreed" as the reason. Every account is currently paid as agreed, but I guess the old and closed mortgage "settlement" from June 2010 is responsible for that entry too.

I expect the score to improve as more on-time mortgage payments post on the newly refinanced mortgage, but this confirms that my decision to garden for a while was the right one. It also confirms that I'm right to be extremely wary of HPs; a drop from 766 to 729 over two HPs and two resultant new accounts (one installment, one revolving) is pretty significant.

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Thu May 26, 2016 7:52 am

Made my first visit to an airport lounge. Admirals at JFK concourse C. Lots of space, free guest access, and healthy food. Maybe 25% of the seats were occupied.

The rest of the airport is surprisingly quiet for mid-morning.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

Tubpbs
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Re: May 2016 Garden Club/Cult

Postby Tubpbs » Thu May 26, 2016 5:11 pm

CarefulBuilder14 wrote:Made my first visit to an airport lounge. Admirals at JFK concourse C. Lots of space, free guest access, and healthy food. Maybe 25% of the seats were occupied.

The rest of the airport is surprisingly quiet for mid-morning.


It's nice to get out of the commotion of the airport and go into the lounge there.

You get some chocolate chip cookies?
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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Thu May 26, 2016 6:10 pm

Tubpbs wrote:
CarefulBuilder14 wrote:Made my first visit to an airport lounge. Admirals at JFK concourse C. Lots of space, free guest access, and healthy food. Maybe 25% of the seats were occupied.

The rest of the airport is surprisingly quiet for mid-morning.


It's nice to get out of the commotion of the airport and go into the lounge there.

You get some chocolate chip cookies?

I didn't see any actual cookies, but I had a piece of tasty chocolate chip pound cake along with my oatmeal and fruit.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

Nixon
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Re: May 2016 Garden Club/Cult

Postby Nixon » Thu May 26, 2016 6:34 pm

Just wait until you visit a proper lounge (Centurion)
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