Do i have to have excellent credit to appy for these cards?
No, you don’t have to have excellent credit. You need to have a credit score in the low 700’s at LEAST. Different cards have different requirements as far as your credit score. This is why it’s important you tell me what your score is (Or at least give me a range). I don’t want you applying for cards you won’t be approved for.
will my credit score go down when i apply?
Yes, usually it will drop a little. But that’s ok! Unless you’re buying a house within 6 months, or a boat or something, your credit going down a little won’t matter. It will go back up within a few months as long as you aren’t late with your payments. The reason everyone wants a good score is to get better rates and good deals. So, your score dropping temporarily to get a better than average credit card with a better than average rate is exactly why you work hard on that credit score.
Is it hard to book with points?
Absolutely not. See for yourself! Goto any hotel website or airline website. You’ll see right on the main page, “Book with miles” or “Book with points”. So, make up a flight to somewhere, pick some random dates, and select “Use Miles”, then search. You will see the miles rate. The purchase routine is the exact same as if you were using a credit card.
Why do you ask me so many personal questions in your e-mail?
Because I actually care about you. The other websites don’t give you personal recommendations. They don’t care. I care about your credit score, and I CERTAINLY don’t want you spending money you don’t have just to get free points. I will NOT recommend a card that I don’t think you will be approved for. I won’t recommend an airline card, no matter how good, if they don’t have flights from your home airport. I won’t recommend a card that has perks that you won’t use. (Let’s face it, those “free perks” that the card companies offer aren’t really free. SOMEONE is paying for them. And, and this is the whole point of my business…I won’t recommend a card that has a spend requirement that’s outside your price range. Meaning I won’t recommend a card that makes you spend $8k in 3 months if that is above what you normally spend. Also, there are resrtictions on who can earn bonus points. If you’ve opened a credit card with the same bank, or sometimes same “family” of cards, you won’t be eligible for the Bonus Points. That’s why I ask what cards you already have.
You say it’s easy to spend $3k in 3 months on things you already buy. $3k is a LOt!
You’re right! $3k is a lot of money. But think about this. How much do you spend on things like Groceries every week? Your cell phone, internet, insurance (car, home, dental, vision, pet…), Gas, birthday/anniversary presents. Those are some of the things you ALREADY spend money on. It’s just a matter of changing the way you pay them. Put away the debit card, keep the checks in the checkbook. Use the new credit card instead and immediately make a payment. It’s the exact same thing as using your debit card. Money still comes out of your checking account right away AND you avoid paying interest on the card.
What’s the catch?
Ok, you caught me. A lot of people think I break the rules with some of the tips and tricks I use and share. Well, I can tell you…I don’t. For example, did you know if you have sold something on Facebook Marketplace, that will qualify you for a business card? How about this, you have an idea to start selling your junk. That too will qualify you for a business credit card. Business cards aren’t for established business. They are for people who want to start a business. The credit card companies want to (ahem) “Help” you with your business by being able to let you separate all your purchases. Often times business credit cards will have a much better Signup Bonus than regular consumer cards. The only problem is, is that the minimum spend us usually higher. That’s why in MOST cases; I won’t recommend a business card.
I already have too many credit cards!
I remember when I got my 4th card. I thought I would lose my mind trying to keep them straight. That was 11 cards ago. Yeah. I have 15 credit cards right now. Know how many I use? 1. The other 14 are stashed away in my drawer. I have friends in this “points game” who literally have over 20 cards. It’s ok as long as you’re paying them off every month.
I already carry balances on a few cards, should I open another one TO GRAB those points?
Nope. You shouldn’t. And if you’re honest with me filling out the questionnaire I’ll tell you that. I’m fortunate enough to be able to (almost) pay off my credit card every month. I don’t spend more than I make. But it wasn’t always like that. I remember the days of being in debt up to my eyeballs. And it wasn’t a fun time that’s for sure. If you already have a couple thousand or more on your cards, the last thing you should do is open another one. My Measley little referral points just aren’t worth it to me knowing I contributed to your debt.
Who is your perfect client?
What a genius question! I’m glad I thought of it… If you are a RESPONSIBLE spender, if your weekly spend on normal everyday items is at least $250, if you have a BIG purchase coming up that you have already budgeted or didn’t budget it but HAVE to buy anyway, If you know where you want to go to use the bonus points, if you already have a big trip planned and haven’t booked anything yet…That is my perfect client. The more of those qualities you have, the better I can help you.
if you are a small business owner (even a big business owner) and you’re spending thousands on your business every month, contact me immediately. there is no reason why you should be using the same credit card over an over again. You should be opening up new cards all the time until you get shut off. but you have to know how to play the system. I can help.