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Minimum Spend on CC?

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Amarie003
New Contributor

Minimum Spend on CC?

Hi!
I have 2 new cards:
BCE @ $2k
CSP @ 5k

How do I find out OR does anyone know if there is a minimum monthly spend required? :-)
Message 1 of 4
3 REPLIES 3
myjourney
Super Contributor

Re: Minimum Spend on CC?


@Amarie003 wrote:
Hi!
I have 2 new cards:
@BCE @ $2k
@Anonymous @ 5k

How do I find out OR does anyone know if there is a minimum monthly spend required? :-)

As with any CC spend only what you would normally spend monthly

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 4
Anonymous
Not applicable

Re: Minimum Spend on CC?


@Amarie003 wrote:
Hi!
I have 2 new cards:
@BCE @ $2k
@Anonymous @ 5k

How do I find out OR does anyone know if there is a minimum monthly spend required? :-)

Minimum monthly spend for what purpose?  To keep the card open? No.  No card AFAIK has such a thing, except issuers may close your card after a period of non-use (Barclays can be very short, like 3 months of no use).

 

To get the bonus, yes.  CSP needs $3K (or 2K if you got it at a branch) in three months.   The bonus is very large, so well worth trying to meet this.   The BCE has a smaller bonus and a smaller spend requirement to get it.

Message 3 of 4
Amarie003
New Contributor

Re: Minimum Spend on CC?

@myjourney: Those words are to live by, Scouts honor! :-)

@longtimelurker: Yes, for bonus and point purposes, I was reading some old posts from others on here and they were mentioning "min spending" on their cards. Thanks for clearing that up!
Message 4 of 4
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