Credit Cards

[the_clockwork]

Hello everyone, logn time no see


I've never had a credit card in my life, always used savings or cash. I am looking for a credit card that has rewards to it, preferably airline miles as I fly a lot with American Airlines. I got a thing in the mail stating I can get 25,000 free miles if I get this new credit card, which is enough for a free ticket

American Airlines - Citi Gold AAdvantage® World MasterCard is the name


I know I have to purchase $750 in 4 months to get it which isn't a problem

I won't carry any balances but Looking to fly to Mexico this next year and wondering what the best way to score some free/ discounted tickets are with those credit cards.

 

[nangiggles]

everytime u get ur paycheck put it in the CC and pay everything with it, that way you start earning miles, when money is gone/low REALLY use it for emergencies or dont use it, if u do this with discipline u wont have debt and will have a lot ot miles, Credit cards can be good when u know how to use them....

 

[the_clockwork]

it seems too good to be true that they will give me basically 1 free airline ticket (25,000 miles) with no blackouts just for signing up for their card and spending 750 in 4 months.

you have any experience with airline rewards cards?

 

[nangiggles]

Nope not with those cards specifically, but hang on I'm sure some poster who knows better will come along soon....
Sometimes the promo is really good because they have faith in you failing, packing ur CC and giving them a whole lot of nice interest.... :s

 

[the_clockwork]

it does have a $50 annual fee but will waive it for the first year.

if the card is not used but open they sitll charge you the annual fee i assume?

 

[nangiggles]

Yes, they do... the annual fee is for keeping the card active... per se...

 

[puddlemonkey]

it seems too good to be true that they will give me basically 1 free airline ticket (25,000 miles) with no blackouts just for signing up for their card and spending 750 in 4 months.

you have any experience with airline rewards cards?

My brother uses a few for his biz. He's taken at least 3 free trips to Mexico and 2 to Hawaii on airline miles he's accumulated.

 

[housemusik83]

credit cards are from the devil

 

[ortiz34]

I'm not good with financial advice

Just wanted to say what's up!

 

[guest username]

I'm not a big fan of airline cards anymore since the airlines have made it more difficult to get free seats.

I opened a Schwab One investor account and got a Schwab credit card last year. 2% cash back. Credit cards are really good if you know how to manage your money. Pay it off in full each month. Not only do you get 2% cash back by charging everything on it, but if you leave your money in savings, you also get 2% return on your money during the grace period of the credit card. I wait until 25 days after the statement date before I pay my credit card. That's an extra 25 days of making 2% return on my money in my Schwab savings account. Of course 2% isn't that much, but coupled with the 2% cash back, you can make 4% on your spending as compared to just paying cash. When the APY goes up for my savings account, the total will come to around 6%.

 

[the_clockwork]

I'm not good with financial advice

Just wanted to say what's up!

sup biatch...

I won't be using this hardly at all, maybe just 500 a month fully pay it off eveyr month.. don't know if the 50 buck annual fee is worth the miles I'll get but I don't travel too much anymore, more for getting a vacation a year

 

[Jon79]

it seems too good to be true that they will give me basically 1 free airline ticket (25,000 miles) with no blackouts just for signing up for their card and spending 750 in 4 months.

you have any experience with airline rewards cards?

well if u dont use the miles u have earned in a year then they charge u to keep them for you.

so if u are using your card for everything ask like a budget card and paying it off each month. well then u will always have miles at the end of the year

so say u have 20k miles left they will charge u to carry them over

 

[the_clockwork]

automatically charge me to carry them over or have me an option?

 

[SpyWizard]

whatever airline you are using to fly there with.. get that visa card..

delta had 2 for 1.. that is 2 miles for every $1 you spend..

not sure they still offer that one.. maybe 1 for 1 though

 

[guest username]

whatever airline you are using to fly there with.. get that visa card..

delta had 2 for 1.. that is 2 miles for every $1 you spend..

not sure they still offer that one.. maybe 1 for 1 though

Delta offers 2 miles for every $1 spent only on tickets purchased at Delta.com. They used to offer it on gas purchases, grocery stores, etc., but they discontinued that.

Delta's fees are pretty expensive: $150/year for the Delta Amex Platinum, $90/year for Delta Amex Gold, and $450/year for Delta Amex Reserve. The Platinum and Reserve will get you a free companion certificate each year (Reserve in first class, Platinum in regular class). There are a few stipulations with the companion certificate. In the end, you pay about the same price for the two tickets with the companion certificate as you would by buying two tickets off the web because of fare restrictions to use the companion certificate.