Check your emails, I have been regularly getting NLL offers for close to a year and a half now. Regular reps can’t do anything.
1 Like
What’s the process to cancel a card and when is the best time to do it?
was this originally intended as a blog post? i swear i’ve read this exact same title before.
2 Likes
For AMEX? You call (855) 857-7657. Say you wanna cancel. They will make a pitch to have you keep it open and might even offer retention offers, I have got everything from $695 statement credits, 60,000 points to absolutely nothing. You can just cancel.
You should only ever cancel AFTER the fee posts with AMEX, they give you 30 days to do it for a full refund.
7 Likes
For a simple card I like the PayPal MC. It’s 2% back on everything and 3% back on PayPal…
If I had to choose one card under the right circumstances it would be the Fidelity cashback card IF you have a bunch of money with them and you get 3% cashback into your retirement accounts.
2 Likes
In your opinion, should I try retention again after they told me no offers? They said the offers change daily and to check back later? I had called them before my $695 fee posted.
How much is a bunch
A 9k mo/ mortgage doesn’t get very much in competitive California markets. Can rent a significantly nicer place in a better neighborhood for the same monthly. If you’re used to a certain standard of living… it’s a tough spot.
2 Likes
$2m+ 1010110101
3 Likes
Move on, close it, Open a new one. PM me and I can send you a NLL link if you didn’t get one already.
I can open a new plat account right away with NLL after closing one?
offers change all the time but i’ve had the best success at the beginning and end of the month respectively. something to note - they almost always won’t give you a retention deal two years in a row, so if you’ve gotten one last year then you’re SOL for this year.
As long as it has been 91 days since you opened the last one, yes.
2 Likes
This used to be the case, not so much now.
1 Like
I manage 10+cc’s across multiple players (+10 passively that are not used) and get at least $15k of value every year, given this is post tax value, this means that all vacations are significantly cheaper. I’ve invested enough time in previous years that I’m now pretty efficient when it comes to finding availability etc and don’t spend a lot of time on it anymore.
3 Likes
If you do travel and you do use points to fly in lie flat seats, it’s not at all about one card and 2%. The points currencies are critical and the SUBs are where its at. But yes, if you just want cash and not to think about cash back, one card only makes sense.
1 Like
No, it’s the USAA Limitless (or whatever it’s called). Dropped to 1.5% first of this year. I’ll have to take a look at Alliant.
I mean to share what I do, other than the chasing/churning signup bonuses,
I have a card that I use that gives me 2.5% or 3% on daily expenses
two that offer quarterly bonus categories that go to 5%
a card for supermarkets at 5%
a 4% card for entertainment (event tickets as an example)
a card for travel and dining out that gives 3% which becomes 4.5% when you redeem for travel
So why only one card?
1 Like
As wild as this sounds, it’s pretty true. That’s about a $1.2M house (at min DP and rates), which doesn’t get you much in popular parts of the county. If standard of living is important, I can certainly see the case for renting.