Credit Card Forum
  1. #1
    Centurion Member
    Join Date
    Apr 2009
    Location
    Texas
    Posts
    542

    Default Taking the train to rescue my stranded airline miles

    I had miles on Continental that I wasn't going to use so I moved them over to my Amtrak Guest Rewards account and from there converted most of them to CVS gift cards. However, I had 5,000 Guest Rewards points left over and the lowest redemption level for gift cards is 6,000. Instead of writing the 5,000 points ($50) off, I opened a Chase Amtrak Guest Rewards MasterCard (no annual fee), which grants 12,000 points after first purchase. So soon I will have 17,000 Guest rewards points redeemable for $150 in gift cards (Going with Gap/Banana Republic this time) with 1,000 points ($10) left on the table.
    CARDS (and why)
    FIA Card Services: Fidelity Amex (best cash back excepting 5% cards), Fidelity Visa (spare)
    Chase: Freedom (only for 5% reward categories, purchases under $10), Sapphire (not in use), Amazon Rewards (for Amazon purchases only)
    CapitalOne: No Hassle Rewards (no foreign transaction fee, my only MasterCard, not in use)
    Amex: Blue Cash Everyday (not in use)
    Discover: More (only for 5% reward categories)
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  2. #2
    Centurion Member
    Join Date
    Jun 2011
    Location
    Down South
    Posts
    201

    Default

    This plan sounds very savvy.
    Cards
    Visa: BofA Cash rewards Visa Signature (1% on everything)
    Kroger 123 Rewards Visa, Ascend FCU Platinum Visa (1% back), Penfed Platinum Cash Rewards Visa (5% on Gas)
    BofA Cash Reward Platinum Plus (1% on everything, 2%on groceries, 3% on gas), Penfed Platinum Rewards Visa ( 5 points on gas, 3 points on groceries, 1 point on everything else)


    Discover: Discover More (5% back rotating categories), Discover Miles (2% on travel and restaurants, double miles on phone, internet, and tv

    Amex: Gold Card, BofA Accelerated Cash Rewards (1.5% on everything)

    Express Store card (points for gift certificates and special deals)
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