January 2016: 220,000 Points, 4 Cards
Category : Uncategorized
2015 Ended strong, with over a million miles and points earned via credit card sign-ups. To match that, or overcome that, I need to start off 2016 strong.
I managed to get my hands on a coveted American Express Business Platinum 100,000 sign-up bonus. Because AMEX merges credit pulls, I was also able to apply for two more cards: the Hilton Surpass (80,000 points), and Everyday Preferred (15,000).
Finally, because Bank of America allows you to earn the bonus on their products multiple times a year, I applied for another Alaska Airlines card, 25,000 points.
Unfortunately, all of these cards carry an annual fee. The Alaska cards annual fee is $75, but there is a backdoor method to receive 25,000 bonus points and $100 statement credit after spending $1,000 in three months, giving you a net gain of $25.
Here’s the total haul and rationale for applying for each card:
|Card||Sign-Up||Minimum Spend Requirement||Annual Fee||Other Benefits||Rationale|
|Everyday Preferred||15,000||$1,000||$95||30 purchases a month = 50% bonus up to $6,000 a calendar year||After one year can downgrade to no-fee version and still have the ability to earn and transfer Membership Rewards to travel partners.|
|Platinum Business||100,000||10,000||$450, but $200 airline credit||Nothing particularly useful for me except the $200 airline fee credit||After earning the bonus, may cancel card for pro-rated annual fee.|
|Hilton Surpass||80,000||3,000||$75||Access to more AMEX offers||Hilton Diamond this year; Hilton points are easy to come by & this card will jumpstart my Hilton balance.|
|Alaska Airlines||25,000||None||$75||$100 statement credit after spending $1,000||Very useful points (and easy to earn)|
Here are non-affiliated links for these above offers, except the Platinum Business, which is targeted:
- American Express Everyday Preferred – 15,000 points; open this in Private Browsing or Chrome Incognito for possibility of 25,000 point offer.
- American Express Hilton Surpass – 80,000 points; open this in Private Browsing or Chrome Incognito.
- Bank of America Alaska Airlines – 25,000 points, $100 statement credit
Tomorrow, on Mining for Miles, “Credit Card Churning 101”