Credit Cards Center Credit cards from our partners
Reply
Regular Contributor
Posts: 169
Registered: ‎03-29-2012
0

Help me help my parents

Hey all...my parents approached me today to give them some advice on a good travel rewards card.

 

They are willing to pay an annual fee, and they are fine with either charge or credit card.  They want straight milage.  They want to start running money thru a card(not sure of an exact total, but as much as they can) and want in return to be able to buy flights.

 

Question is;  What is the best card for earning flights?

 

 


Starting Score: EQ 619
Current Score: EQ 735, TU 732, EX 745(Lender Pulled)
Goal Score: EQ 700


Take the FICO Fitness Challenge
Moderator Emeritus
Posts: 14,711
Registered: ‎12-30-2011
0

Re: Help me help my parents

Depends what their favorite airline is honestly.  If they fly one religiously, consider stacking the deck with the airline's co-branded card, though some of them are admittedly pretty poor and as such probably Chase/Amex/others need to be considered as well... someone with more experience will be able to chime in on specifics which I'm unfamiliar with on travel cards.

 

Starting Score: EQ 04 561, TU 98 567, EX 98 599 (12/30/11)
Current Score: EQ 04 693, EQ 8 714, TU 8 710, EX 8 724 (05/27/16)
Goal Score: 700 on EQ 04 (01/01/17)


Take the myFICO Fitness Challenge
Regular Contributor
Posts: 169
Registered: ‎03-29-2012
0

Re: Help me help my parents

They aren't attached and really don't care.  They just want a flight.  I was thinking either us bank flexperks travel rewards or chase sapphire?


Starting Score: EQ 619
Current Score: EQ 735, TU 732, EX 745(Lender Pulled)
Goal Score: EQ 700


Take the FICO Fitness Challenge
Valued Contributor
Posts: 2,489
Registered: ‎01-22-2012
0

Re: Help me help my parents

A few questions:

 

1. Are they flying domestically or internationally?

 

2. Do they want coach or business/first class redemptions?

 

3. How much money do they spend per year through the card? This is key.

EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Regular Contributor
Posts: 169
Registered: ‎03-29-2012
0

Re: Help me help my parents


CreditScholar wrote:

A few questions:

 

1. Are they flying domestically or internationally?

 

2. Do they want coach or business/first class redemptions?

 

3. How much money do they spend per year through the card? This is key.


1. Domestic

2. Coach is fine

3. This is up for debate.  My guess is somewhere in the ballpark of 2-3k a month.  They are going to add me as an AU and I'm going to run all my bills thru their card to help them out.

 

They also have 800+ credit on all their CR's and util of under 5% so they will get approved for whatever they want


Starting Score: EQ 619
Current Score: EQ 735, TU 732, EX 745(Lender Pulled)
Goal Score: EQ 700


Take the FICO Fitness Challenge
Frequent Contributor
Posts: 253
Registered: ‎11-27-2011
0

Re: Help me help my parents

I personally recommend Amex spg for airline or hotels. The points are transferable to many different airline flyer programs and when you transfer 20,000 pts you get a 5,000 pt bonus every time. I feel that this makes the points very flexible if you are not going to fly one particular airline.
Regular Contributor
Posts: 120
Registered: ‎05-27-2012
0

Re: Help me help my parents

I guess right now Chase Southwest card is one of the best, also consider the Citi AA as a choice.

Wallet: AMEX Blue Cash Preferred 5k; BofA Visa CashRewards 5k; BofA 1-2-3 MasterCard 4.4k; Citi TY Premier 2.5k; AMEX HHonors 3.5k, Chase Marriott 5k, Barclays US Airways 2.5k, Kohl's 300
Frequent Contributor
Posts: 693
Registered: ‎06-21-2012
0

Re: Help me help my parents

US bank cash+ Visa signature card. 

 

No AF, select airline and hotel as your two 5% cash back categories. You would get 6.25% back if you redeem them at $100 increment, try to beat that!

 

If they both have excellent credit, get one for each, so you can add bill pay & restaurant to them too!

 

 

EX:2(18;6)TU:2(24;12)EQ:1(18)
Epic Contributor
Posts: 28,563
Registered: ‎10-23-2007
0

Re: Help me help my parents


noobody wrote:

US bank cash+ Visa signature card. 

 

No AF, select airline and hotel as your two 5% cash back categories. You would get 6.25% back if you redeem them at $100 increment, try to beat that!

 

If they both have excellent credit, get one for each, so you can add bill pay & restaurant to them too!

 

 


NICE!!!

 

Before this post I was going to say Chase Southwest but that has even gone down hill a bit as flights start to fill up they will no longer offer the regular 16 flgihts for free ticket, it may offer them to pay double segment to get the same ticket... that is a HUGE difference in your trade in value... Checking Bags is really one of the biggest things to consider I feel... especially if it's 2 of them always flying and they want to each take a suitecase that requires checking... you could take a great ticket price and not even think about the $40-$60 EACH BAG!

The new United Card seems to be great optioon but again if they are traveling the same places all the time it should be pretty easy to review the last year of where they went and what airlines they used....

I may have left the garden 06/20/2016 Smiley Tongue
Partner Joined Garden 04/11/2016
Established Contributor
Posts: 797
Registered: ‎05-01-2012
0

Re: Help me help my parents

I like Citibank AAdvantage Mastercard. They just made some changes to their program. First bag free for you and up to 4 traveling cmpanions, Priority Boarding, Priority access through security.


Starting Score: EX: 575 (PSECU 5/2/12) TU: 582 (3/6/12) EQ: 664 (4/27/12)
Current Score: EX: 699 (PSECU 06/04/14) 702 (my FICO 08/05/14) TU: 699 (08/01/14) EQ: 675 (07/08/14)
Goal Score: 720
20K PSECU 7/12 | 12K USAA 9/12 | 11K BOA 1-2-3 9/12 | 9K Citi HHonors 9/12 | 8.5K Citi AAdvantage 5/08 | 5K Chase Sapphire Pref. 9/12 | 3.8K Barclays USAir 7/12 | 6K Walmart Dis. 11/12 | 1K Amex SPG 11/12 | 2K Amex BCP 1/13

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.