May 2016 Garden Club/Cult

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JonE
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May 2016 Garden Club/Cult

Postby JonE » Sun May 01, 2016 8:51 pm

I guess I can do one of these right? :D

I won't be applying for anything for a while, as I'd like to let some old baddies fall off while saving up a down-payment for a house.

What say you?
Current Cards: Chase Freedom, Discover IT
Future: TBD


Tubpbs
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Re: May 2016 Garden Club/Cult

Postby Tubpbs » Sun May 01, 2016 9:18 pm

No apps planned.

I haven't apped for a card in quite a while (relatively speaking).

I'm thinking around July I might be ready for my next app, but we'll see.
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

kdm31091
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Re: May 2016 Garden Club/Cult

Postby kdm31091 » Sun May 01, 2016 9:38 pm

No apps planned. To be honest, there's been a wave of redundant cards coming out, and nothing in the pipeline sounds any better (Wells Fargo developing what will be yet another 1.5% card).

The only slightly unique thing that came out recently was the Marvel card but other than that it's been pretty boring which is good, as it means little temptation.

4ktvs
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Re: May 2016 Garden Club/Cult

Postby 4ktvs » Sun May 01, 2016 9:47 pm

There isn't much I want to go for. A US Bank Cash+ is one card that if it's still useful to me I will likely app for one day. I kind of think having a CU card would be cool, but I won't app for a card just because it would be "Cool" or what not so I don't see that happening to me. I might app for a double cash or a %2 Visa if FNBO won't give me a CLI in the next year as it's kind of a toy useless limit for a everything spend card that likely will be closed if the limit doesn't go up at some point.

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Sun May 01, 2016 11:39 pm

I don't have any apps planned for May. It's possible that some new public or targeted offer might appeal to me, but I haven't seen it yet.

My shortlist is basically the same. Everything is just of less clear value at present:
1. Citi Hilton Reserve: It could work, but I've got a lot of hotel points/nights in general, especially after USTA. Maybe by late summer.
2. Other Hilton cards: The points won't work well for me. Nicer properties seem to cost too many points (relative to cash) to bother, and for other stays I can generally get a good deal with IHG redemptions.
3. Amex Delta Gold: Maybe, but I want a great bonus, and I've already got some miles. I'm taking my 2016 $200 Platinum credit on United, and may end up flying just United and American for the next few months. So I don't see the point in getting the Delta card and perks when I might not need them right away.
4. Barclaycard Wyndham: I want 15k and not 6k on renewal. Got 30k via USTA, though.

I plan to close PRG before the end of the month. My last MRs from it have just posted, and I'm basically just holding onto it for a few more weeks in case an offer pops up that I can use.

I have about $400 in minimum spend left on Amex Platinum. I've been pretty good about using other cards for bonus categories.
Last edited by CarefulBuilder14 on Sun May 01, 2016 11:49 pm, edited 1 time in total.
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

Kevin86475391
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Re: May 2016 Garden Club/Cult

Postby Kevin86475391 » Sun May 01, 2016 11:44 pm

JonE wrote:I won't be applying for anything for a while, as I'd like to let some old baddies fall off while saving up a down-payment for a house.


Congrats on the home-buying plans and good luck!

kdm31091 wrote:No apps planned. To be honest, there's been a wave of redundant cards coming out, and nothing in the pipeline sounds any better (Wells Fargo developing what will be yet another 1.5% card).


LOL, I agree a 1.5% card isn't exciting or enticing, but at least it may finally make Wells Fargo semi-competitive in the rewards card category. I think most of their offerings feature something like 5% or 3% on certain categories for the first 6 months then just 1% with no more bonus categories. Pretty unappealing.

4ktvs wrote:I kind of think having a CU card would be cool, but I won't app for a card just because it would be "Cool" or what not so I don't see that happening to me.


I haven't been considering a CU credit card, but I have been thinking it might be nice to open some deposit accounts at a credit union. I'm happy with Chase as my primary bank and Discover as my secondary bank, but as I've said in other threads, I quite like the system of assigning different accounts to different goals and purposes. If I can find a good free checking account at a credit union without a direct deposit requirement I may go for it.

As far as card apps though, nope I'm definitely in the garden this month and probably for at least the next year. My last app was less than 3 months ago so it's time to cool my engines. I've also been a bit more lackadaisical about saving and investing lately and a bit more laissez faire about spending. So it's time to tighten the purse strings :ppp

kdm31091
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Re: May 2016 Garden Club/Cult

Postby kdm31091 » Mon May 02, 2016 8:27 am

Kevin86475391 wrote:As far as card apps though, nope I'm definitely in the garden this month and probably for at least the next year. My last app was less than 3 months ago so it's time to cool my engines. I've also been a bit more lackadaisical about saving and investing lately and a bit more laissez faire about spending. So it's time to tighten the purse strings :ppp


I don't think you are like this, but it seems a lot of people on these sites (especially MF) become very "laissez faire" with spending because of rewards and end up far worse than they started off. I see it a lot. People open a bunch of cards for rewards, spend away trying to maximize every point they can get, and end up in debt and asking about BT after BT. It's ridiculous. They would have been better off without cards altogether unfortunately.

Of course, that doesn't sound like you. You sound level headed. It's a shame seeing other people run themselves into the ground though.

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CarefulBuilder14
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Re: May 2016 Garden Club/Cult

Postby CarefulBuilder14 » Mon May 02, 2016 9:37 am

A few weeks ago, I booked a multiple-room, 4-night paid hotel stay on short notice.

Just a few months ago, I was of the thinking that 4-night stays would be very rare for me, and that Citi Prestige wouldn't be worth it. And yet, in 2016, I could have paid the $450 AF, but then gotten $250 in airfare credits, saved $300 with the 4th night free, and come out ahead by $100 in just four months.

I thought Citi TY points would be tricky to use, but getting 1.6 cpp on AA would work well for my travel habits (since I can sometimes get inexpensive paid AA flights). It's easy to get travel rewards cards with a "use them and close the card" mentality, and I'm still figuring out how much complexity I want in my "long term" rewards programs. Prestige, if I want the extra complexity, would be a card to keep in the long term.

It doesn't make sense for me to rush out and get the card now, but it would have been nice to have earlier this year.
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 » Mon May 02, 2016 10:36 am

Just got an e-mail from AMEX saying you are selected to apply for an exclusive offer, AMEX Platinum card 50,000 MR points for $5k spent in first 3 months, lounge access, free credit for global entry or TSA Pre- check, and a $200 airline fee credit. Gives me a RSVP code to use ( don't know if that means pre-approved or not) Not sure if I travel enough to take advantage of this. Would it be a HP? The AF is so much, I would need to use it often to be worthwhile.
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

Elijahmex
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Re: May 2016 Garden Club/Cult

Postby Elijahmex » Mon May 02, 2016 10:53 am

My credit history is still very short (15 months) and in the past 3 months I've opened 4 new accounts and the result is my FICO dipped by 49 points score is sitting just above 700. I need it to get back to where it was back in February (750) so I am done with the apps. I have all the cards I want. Now it's all about keeping utilization low. I was averaging 4% but now with these new cards had to increase my spending so it's sitting a little higher than usual thanks to AMEX Plat & CSP.
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