@JSS3 wrote:
@Anonymous wrote:
@JSS3 wrote:How often does the Freedom with the $200 signup deal come around?
Not often enough...
I'll be in the Garden for the next year...possibly longer. When I rear my head again, It'll be to apply for that special deal.
But, as always, also include the cost (if any) of waiting. The bonus is an extra $100. Freedom, used for straight cash back, can give $240 over a 1% card (if you max out all categories) and potentially much more if used for transfer. So, if you can use the card to its fullest, waiting 6 months for the bonus isn't worth while.
Same for Amex backdating. It's not always worth waiting till Jan if the card is of use now!
DO NOT GET A CHASE CARD.
I just got approved for their freedom and checked my mailbox today to find a Chase envelope but no card inside. My heart sank. They sent me a pre-approval for a Slate. My card should be here any day now. I think they are toying with my emotions.
I just got approved for their freedom and checked my mailbox today to find a Chase envelope but no card inside. My heart sank. They sent me a pre-approval for a Slate. My card should be here any day now. I think they are toying with my emotions.
@Anonymous wrote:
@JSS3 wrote:
@Anonymous wrote:
@JSS3 wrote:How often does the Freedom with the $200 signup deal come around?
Not often enough...
I'll be in the Garden for the next year...possibly longer. When I rear my head again, It'll be to apply for that special deal.
But, as always, also include the cost (if any) of waiting. The bonus is an extra $100. Freedom, used for straight cash back, can give $240 over a 1% card (if you max out all categories) and potentially much more if used for transfer. So, if you can use the card to its fullest, waiting 6 months for the bonus isn't worth while.
Same for Amex backdating. It's not always worth waiting till Jan if the card is of use now!
Yes, always weigh the pros and cons. In my specific case, waiting is something I have to do anyways. I can't get the Freedom until the end of next year. If that specific offer rolls around before then, I'll have to wait until the next year it comes out. I'm doing some experiments. First, I want Barclay to see me not open any cards after theirs for 12 whole months. I want to see if they'll give me CLIs at both the six month benchmarks. Secondly, With Chase, the APR and Limits that you get initially may be with you for a long time. So when I go for the Freedom, I want to guarantee I have over a years worth of use on a card with 5,000 or more. They'll see all my cards with over 7,000 and hopefully try to match them. Thirdly, all my debt will be paid off by then(before then, actually) and finally, my AAoA will have healed some. With my plan, I'll be in the optimum position to get the Freedom, 2 home improvement cards(Lowes and Home Depot) and a Furniture store card with high starting limits(if not, then an easier sell when having to recon). My CC collection will be complete. I notice since getting Barclays I don't feel like something is "missing" or have as much of an "itch" to app.
If the Freedom offer doesn't roll around by the time I'm ready, I'll apply for another Citi card. They always give you more than the last card you have with them.
Edit: Also, by the end of next year, 9 out of 14 inqs will have fallen off TU. 5 out of 8 inqs will fall off EQ. 8 out of 14 will have fallen off EX.