I generally have been paying all my credit card through my checking account(s). Been a Discover member since June 2015. Recently had my credit line doubled from $1,500 to $3,000 at the 6 month mark. I think the increase was primarily due to some usage and TU score increase.
Recently I decided to paly out a scenerio to see if some auto luv or a CLI can be triggered more frequently than every 4 months. Discover recently began to offer the following on my account:
0% APR with a 3% transfer fee for BT through December 2016.....APR returns to 19% at end of promotion transfer
4.99% APR with zero transfer fee for BT for 18 months (May 2017).....APR returns to 19% at end of promotional transfer
I spend roughly $1,200 in credit card payments, $1,200 in food & gas and $800 in utilities, cable and cellphones.
Instead of spending on Dsicover to capture the quarterly rewards....I am going to try to increase my spend by running everything through my discover account and take advantage of the BT offers.
As long as all payments for everything go through discover and the actual bills (food, gas, utilities, etc) are billed to my my credit cards used (Cap One, Barclay, Bof A) then I might be able to tip the scale for CLI..
Any thoughts?
