CSP questions

[dddfresh]

I was somehow approved for the chase sapphire preferred last night with a 5k limit. I am also going to Vegas next week and would like to use that card.

Who can I call to ask for a higher limit and ask to expedite the card??

Also, there was a thread the other day that I cannot seem to find that talked about a new site that you can pay rent or bills with your credit card to help with spending requirements but I am not sure if it's a cash advance.

Do you know those sites?

Thanks so much

[B335is]

800-493-3319 to have it expedited. Check the sticky above for the credit analyst # but it will be another hard pull. Congrats!!

[enharu]

You can just call any chase credit card customer service number to have them expedite the card and process a CLI request. It will be a new inquiry.

What kind of bills? For auto loan and mortgages there's charge smart. The fees are relatively high though so it's not really worthwhile. Usually they negate a big part of the bonus. You are much better off with MS in situations like this.

[dddfresh]

Another hp! No thanks haha. I'm sorry, what is MS?

[Anonymous]

MS is manufactured spend, using your credit card to purchase (usually indirectly) cash equivalents, allowing you to rack up large number of points and using the cash to pay off the credit card.

While I am one of the main proponents of this on this forum, for a one time need to meet minumum spend, chargesmart.com (or williamspaid for rent) might be ok.  Enharu is right that the charge negates (and more) of the rewards, but if you are just trying to meet the spend for a bonus, that isn't so important.

[dddfresh]

Is there somewhere I can learn more about MS?

[Anonymous]

Google it for lots more examples, but one is:

http://thepointstraveler.com/beginners-guide-to-learn-how-to-travel-for-free-with-miles-and-points/i...

[dddfresh]

Thank you

[creditfan]

sorry for hijack the thread

@longtimelurker

is chargesmart.com a secure site? are there any fee and/or hidden fee come with it

thanks

[Revelate]

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@creditfan wrote:

sorry for hijack the thread

@Anonymous

is chargesmart.com a secure site? are there any fee and/or hidden fee come with it

thanks

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There is always a merchant transaction fee: basically these sites pass that on to you with some markup which is how they make their revenue.  It's basically a convenience fee and I not certain there's any (I'm sure there's a couple, flat 2% or 3% might get you above) which aren't higher than the rewards on the cards themselves which you get back.

CSP side it's guarunteed to fall into the 1% category, so you will be spending more, but sometimes that's worthwhile.  I basically bought my Amex CLI by paying my UCLA tuition with it to bump spending for a month, and I'd do it again too as the convenience surcharge difference from the 1% reward, was trivial in comparison to my chasing the 3X CLI.