November 26th, 2012
It’s worth noting that between 12/03 and 01/14 you will be able to get a 30% bonus on Membership Rewards transfers to British Airways Avios. That means that after spending the $5,000 and transferring during the bonus period you’ll have enough points for about 16 one-way short haul flights using Avios on American (or LAN, or Qantas intra-Australia, or even BA intra-EU) with no fuel surcharges. And it’s way more than enough for a round-trip ticket to Israel using Avios on Air Berlin with no fuel surcharges.
Originally posted on 09/05:
-4BM Success! (2 consumer card and 2 business card approvals with just 1 hard pull!) .
-Want To Boost Your Credit Score? Spend On Business Cards Instead Of Consumer Cards.
-Which Miles To Use To Fly To Israel? (Hint: You can get to Israel round-trip for as little as 25,000 points with fuel surcharges or 50,000 points with no fuel surcharges!)
-Credit Score FAQs Part 1: Opening And Closing Cards
-Credit Card Reconsideration: Don’t Give Up!
-Need To Meet A Spending Threshold Deadline? Send And Receive $1,000/Month With No Fees Using Amazon Payments!
Business Gold Rewards Card from American Express OPEN-50,000 points for spending $5,000
-You will get 50,000 bonus points for spending $5,000 on this card within 3 months.
-3X points on airfare and 2x points on purchases in the U.S. for advertising in select media, gasoline at U.S. stand-alone gas stations, and shipping.
-There is no fee for the first year, subsequent years are $175.
With this business card you will get Membership Rewards points AND automatic cash back on purchases from these select retailers with Open Savings:
Barnes & Noble online: 5%, Epson: 5%, Fedex: 5%, Flowers.com: 5%, Hyatt: 3%, HP: 5% if you spend $200-$999 annually, 10% if you spend $1,000-$50,000 annually, Microsoft Store: 5%, Courtyard/Fairfield/TownePlace/SpringHill/Residence Inn by Marriott: 5%, Office Max online: 5% on purchases up to $250, 10% on purchases above $250.
Getting a business card is simple. If Joe Smith sells items on Ebay or on Amazon, or has any other side business/hobby and wants a credit card to better keep track of business expenditures he can just open a business credit card for “Joe Smith Sole Proprietorship” as the business name.
Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field as well as in the social security number field.
Some people have reported receiving a financial review after applying for this card, so if you have no income on the books it would not be a good idea to apply for this card.
Membership Rewards points transfer to:
Transfers are at 1K:1K ratios or are otherwise listed.
-Air Canada (Star Alliance)
-ANA (Star Alliance)
-Asia Miles, Cathay Pacific (OneWorld)
-Avios, British Airways/Iberia (OneWorld)
-El Al (1,000 MR:20 El Al ratio)
-Flying Blue, Air France/KLM (Skyteam)
-Jetblue (250 MR:200 Jetblue ratio)
-Singapore (Star Alliance)
-Virgin America (200 MR:100 Virgin ratio)
-Hilton: (1,000 MR:1,500 Hilton ratio)
-Starwood: (1,000 MR:333 Starwood ratio)
You can apply for both consumer and business American Express cards on the same day with just 1 credit pull. Other cards you may want to consider include:
-Starwood Preferred Guest® Credit Card from American Express
-TrueEarnings® Card from Costco and American Express
-American Express® Premier Rewards Gold Card
-The Platinum Card® from American Express
-Gold Delta SkyMiles® Credit Card from American Express
-American Express® Gold Card
-Blue Cash Preferred Card® from American Express
-Blue Cash Everyday Card® from American Express
-Blue Sky from American Express®
-Starwood Preferred Guest® Business Credit Card from American Express OPEN
-Business Gold Rewards Card® from American Express OPEN
-The Business Platinum Card® from American Express OPEN
-Gold Delta SkyMiles® Business Credit Card from American Express OPEN
-SimplyCash® Business Card from American Express OPEN