May 2016 Garden Club/Cult

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Tubpbs
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Re: May 2016 Garden Club/Cult

Postby Tubpbs » Thu May 26, 2016 6:43 pm

Nixon wrote:Just wait until you visit a proper lounge (Centurion)


I have a trip to Vegas coming up. I'm thinking I'll stop in, but not sure if I'll have much time...
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It


Nixon
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Re: May 2016 Garden Club/Cult

Postby Nixon » Thu May 26, 2016 8:28 pm

Tubpbs wrote:
Nixon wrote:Just wait until you visit a proper lounge (Centurion)


I have a trip to Vegas coming up. I'm thinking I'll stop in, but not sure if I'll have much time...


I like CentLAS better than I do CentDFW.
Much better for.....lounging.
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Tubpbs
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Re: May 2016 Garden Club/Cult

Postby Tubpbs » Thu May 26, 2016 8:43 pm

Hopefully I can at least stop by. Next week is my trip I think. Not sure. Don't like having or knowing what my plans are. Dislike plans.
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

To My Credit
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Re: May 2016 Garden Club/Cult

Postby To My Credit » Thu May 26, 2016 11:17 pm

Joining you guys in the garden till, hopefully, December.

My major expenses are on restaurants, so that's what I'm really big on. I spend somewhere between $400-$500 a month dining out. To maximize my rewards here, I want to have as many 5% options as possible. I already have Discover It, which covers me for 3 months. I plan on eventually getting the Chase Freedom and US Bank Cash+ which should give me decent coverage throughout the year.

I spend less than $100 a month on groceries, and I've got the AmEx BCE (3%) for that. For gas, the BankAmericard (with 3% and a customer bonus for having a BofA account) works. If I can get the Citi DoubleCash, that's going to cover for my miscellaneous expenses.
Current cards: BankAmericard CR, BankAmericard BBR, Citi Double Cash, Chase Freedom, AmEx BCE, Discover It
Wishlist: US Bank Cash+

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Thu May 26, 2016 11:30 pm

I'll be trying the SFO Cent later this summer. I'm not thrilled about having to fly United for a few segments, but the lounge will at least be convenient.
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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Vattené
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Re: May 2016 Garden Club/Cult

Postby Vattené » Fri May 27, 2016 2:41 pm

gregshelley@scrtc.com wrote:
gregshelley@scrtc.com wrote:Need a refresher course on NPSL cards and credit scores/bureaus. if you have a high balance on a NPSL card, should you wait till after statement is cut showing that balance to pay, as I understand that is what they go by since it shows no CL? or does it even matter?


Can anyone advise me on this?

This is just hearsay, but I believe you are correct. There's no hard CL to report, but the highest balance reported on the card is used in the score calculation. I've never had a NPSL card, so I can't really give any good info but that is what I've heard at least. So if you've charged a lot on the card, let that high balance report. In the future, that high balance will help you out a little when your relatively smaller balances report from your more typical usage.

Perhaps another bump could get a response from more experienced members?
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

TXviking
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Re: May 2016 Garden Club/Cult

Postby TXviking » Fri May 27, 2016 3:12 pm

Vattené wrote:
gregshelley@scrtc.com wrote:
gregshelley@scrtc.com wrote:Need a refresher course on NPSL cards and credit scores/bureaus. if you have a high balance on a NPSL card, should you wait till after statement is cut showing that balance to pay, as I understand that is what they go by since it shows no CL? or does it even matter?


Can anyone advise me on this?

This is just hearsay, but I believe you are correct. There's no hard CL to report, but the highest balance reported on the card is used in the score calculation. I've never had a NPSL card, so I can't really give any good info but that is what I've heard at least. So if you've charged a lot on the card, let that high balance report. In the future, that high balance will help you out a little when your relatively smaller balances report from your more typical usage.

Perhaps another bump could get a response from more experienced members?


I've seen some people claim the CSP was supposed to be NSPL, but when I received mine it just had a regular $33K credit limit. Perhaps it's NSPL only for Private Client customers or some such.

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Fri May 27, 2016 5:07 pm

CSP has a flexible or "soft" limit, which is not the same as NPSL.

My Amex charge cards have reported no CL. They report monthly statement balances, and the highest monthly statement balance, but not higher mid-month balances like Chase does.

I don't particularly care about the minor details of utilization reporting.
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

gregshelley@scrtc.com
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Re: May 2016 Garden Club/Cult

Postby gregshelley@scrtc.com » Fri May 27, 2016 5:42 pm

CarefulBuilder14 wrote:CSP has a flexible or "soft" limit, which is not the same as NPSL.

My Amex charge cards have reported no CL. They report monthly statement balances, and the highest monthly statement balance, but not higher mid-month balances like Chase does.

I don't particularly care about the minor details of utilization reporting.


Thanks. They won't let me pay it now anyway online. talked to chat rep, he said since it is new, they make you wait until 2 statement cycles have come before you can pay early online, according to him, I know I tried to pay and kept saying no payment due, no option to pay anything. I just was approved for a Cap one Spark Business card with a $2k limit. Not exactly much to be excited about, but just started a Business and wanted a card to use just for Business purchases and bill paying. I tried AMEX Simply cash, declined but no HP. Saw where spark classic was a average credit score card so got it to start with
Discover it $3k
BOA CR Visa Sig. $18K
Chase Freedom Visa $2K
Chase MRP Visa Sig. $5K
Cap 1 Vent Visa Sig. $13K
Citi HH Visa Sig. $8.5K
AMEX Plat NPSL
AMEX BCP $20K
AMEX Gold Delta SM $8K
BC AR + WEMC $3.5K
Cap 1 Spark Busin Visa $2K
Chase Ink Cash Busin Visa Sig. $5K

Tubpbs
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Re: May 2016 Garden Club/Cult

Postby Tubpbs » Fri May 27, 2016 6:32 pm

CarefulBuilder14 wrote:CSP has a flexible or "soft" limit, which is not the same as NPSL.

My Amex charge cards have reported no CL. They report monthly statement balances, and the highest monthly statement balance, but not higher mid-month balances like Chase does.

I don't particularly care about the minor details of utilization reporting.


Similar experience. I'm not sure if it depends on the bureau or not, but my balance doesn't factor into utilization. A couple months ago I had like $6500 on my Platinum card from one month and my utilization stayed at 1% I believe for that specific month. It wouldn't have been crazy otherwise, but definitely more than 1%. They report the high balance and current balance and that's sort of it...
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It



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