January 2016: 220,000 Points, 4 Cards

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January 2016: 220,000 Points, 4 Cards

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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:

-The Miner

Tomorrow, on Mining for Miles, “Credit Card Churning 101”

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