Last month I wrote about what credit cards I’m currently carrying in my wallet. So what about the credit cards I’ll be applying for in the future? I don’t plan on going on my next AOR (app-o-rama) until either February or March, 2015. I do have a few cards in mind, but nothing is set in stone.
There’s a few scenarios why I would apply for a card.
1. There’s a really great sign-up bonus like the Citi 100,000 AAdvantage mile card we saw earlier this year (my partner and I picked up 5 of them for a grand total of 550,000 miles!)
2. I’m looking to collect airline miles through an airline for an upcoming trip within the next year to year and a half.
3. After reviewing what a card has to offer, I truly believe I could benefit from carrying the card in my wallet.
I typically won’t apply for a hotel credit card just to collect the sign-up bonus. I don’t believe a credit pull is worth 1-2 free nights in a hotel. For instance, Marriott will sometimes offer 70,000 points on their Rewards Premier credit card which is enough for 1 free night at the Marriott Marquis in Times Square (one of my favorite hotels to stay in! I have a lot of memories at this hotel. I’ve stayed there 5 times.)
With that being said, here are the cards I’m thinking about applying for early next year:
1. American Express Premier Rewards Gold – Annual Fee: $175 – Waived the first year. Sign-up bonus: 25,000 Membership Rewards points (sometimes 50,000 if you are targeted by Amex.)
Earning 2x points in the US supermarket category will be extremely helpful since I spend quite a bit at grocery stores. Not only can I buy groceries, but I can buy gift cards to some of my favorite places like Starbucks and restaurants and earn double points. I’m currently only earning 1x points with my Amex Platinum card. Membership Rewards are some of my favorite points to collect. I like the flexibility of being able to transfer my points to participating airlines such as Delta and British Airways. Converting Membership Rewards into British Airways Avios is an excellent choice for me because I can book a round-trip award flight on U.S. Airways or American Airlines to Charlotte, NC and see my parents for only 15,000 points!
I already have the Business version of this card. Since I want to keep my elite status with Delta, I plan on keeping both versions of this card and charging $50,000 a year to each so I can collect 40,000 MQMs. That means I only need to collect 10,000 MQMs on my own each year to maintain Gold Medallion status with Delta.
3. Bank of America Alaska Airlines – Annaul Fee: $75 – Not waived the first year. Sign-up bonus: 25,000 miles (40,000 miles if you’re willing to spend a little more.)
Alaska Airlines is independent and not part of any airline alliance program. Therefore, they are partnered with airlines such as Delta and American Airlines so you can use your miles to book an award seat with the airline of your choice. Searching for award seats is easy by visiting AlaskaAirlines.com. There are reports on FlyerTalk that this card is highly churnable, meaning you can apply for a 2nd one while the first one is open and collect the miles a 2nd time. After you close the card, you’ll eventually be able to apply again and collect the miles a 3rd, 4th and 5th time!
4. Citi AAdvantage Personal Platinum – Annual Fee: $95 – Waived the first year. Sign-up bonus: 50,000 miles (use this link as the current public offer is for 30,000 miles.)
Minneapolis is not a main hub for American Airlines, but their miles are valuable when flying overseas. Booking a round-trip ticket in First Class is typically 125,000 miles while Delta could easily be 200,000+. My strategy is to fly Delta for domestic flights and American Airlines for any overseas flights. As long as the 50,000 miles is still available, I’ll apply for this and the Business version to collection 100,000 miles.
|Amex PRG||$0 Annual fee waived first year. 25,000 points.|
|Amex Delta Platinum||$195 Annual fee. 35,000 miles.|
|BOA Alaska Airlines||$75 Annual fee. 40,000 miles.|
|Citi AAdvantage Platinum||$0 Annual fee waived first year. 50,000 miles.|
|Grand Total:||$270 in annual fees the first year. 150,000 points/miles!|
So there you have it! These are the cards I’ll hopefully be applying for early next year as long as the sign-up bonuses don’t drop or a better offer comes along for another card. By February, 2015, I won’t have any inquiries on my credit report in the last 6 months so I should hopefully get approved for each card.