Setting your 2021 Card Strategy

[AndySoCal]

@simplynoir 

To clarify my rule....

 My 10% rule is applied to total spend on each per month. For example let us say my average monthly spend Chase Flex is $225.00 some months it may be little higher or lower. No need for a credit limit increase on this card. Let say in a month I have to fly out of town unexpectedly and I need to replace the dryer plus my ususal spend on that card. For that month my bill may be around $1,500. I would not apply for a credit limit increase because I will pay it off in full when the bill is due. If I was consistently putting $1,100 a month or more on that card I would consider it because my 10% threshold id $1,050.

[UpperNwGuy]

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@FinStar wrote:

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@UpperNwGuy wrote:

I don't really like my current portfolio of cards.  I got rid of my travel and dining cards when their annual fees came due.  I'm not dining or traveling during the COVID-19 pandemic, and I don't expect the pandemic to abate until 2022.  So I'll stick with my current portfolio through 2021 with no new apps.  I really only use three of the cards (PenFed Power Cash, NFCU Flagship, and NFCU More Rewards), and one of those is redundant.  Hopefully, Chase Freedom will have at least one grocery quarter in 2021 so I can bring that card out of the sock drawer.

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Off topic and just FYI - I see that you have the United MP in your signature.  If you feel like you won't be traveling anytime on the near horizon, you can always PC to the no-AF Gateway version until things normalize with any future travel.  This way you can save on the AF without having to close the card.

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I don't understand what you're saying.  The United MileagePlus does not have an annual fee.  That's why I downgraded the United MileagePlus Explorer ($95 fee) to the plain vanilla United MileagePlus (no fee) a few months ago.

As I understand it, the Gateway (no fee) is inferior to the MileagePlus (no fee) in that the MileagePlus comes with "extra seat availability" and the Gateway does not.

[FinStar]

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@UpperNwGuy wrote:

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@FinStar wrote:

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@UpperNwGuy wrote:

I don't really like my current portfolio of cards.  I got rid of my travel and dining cards when their annual fees came due.  I'm not dining or traveling during the COVID-19 pandemic, and I don't expect the pandemic to abate until 2022.  So I'll stick with my current portfolio through 2021 with no new apps.  I really only use three of the cards (PenFed Power Cash, NFCU Flagship, and NFCU More Rewards), and one of those is redundant.  Hopefully, Chase Freedom will have at least one grocery quarter in 2021 so I can bring that card out of the sock drawer.

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Off topic and just FYI - I see that you have the United MP in your signature.  If you feel like you won't be traveling anytime on the near horizon, you can always PC to the no-AF Gateway version until things normalize with any future travel.  This way you can save on the AF without having to close the card.

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I don't understand what you're saying.  The United MileagePlus does not have an annual fee.  That's why I downgraded the United MileagePlus Explorer ($95 fee) to the plain vanilla United MileagePlus (no fee) a few months ago.

As I understand it, the Gateway (no fee) is inferior to the MileagePlus (no fee) in that the MileagePlus comes with "extra seat availability" and the Gateway does not.

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My bad, I glanced at your cards too quickly and assumed it was the MPE or Presidential Plus vs the plain MP.  Carry on.

[marcforza1]

I'm pretty satisfied with having the Chase Freedom Flex, Unlimited and Discover It as my long term cards. My only goal for cards going into next year the Amex Hilton Honors since I was unable to get it again this year. Other possible card on my radar is the X1, Venmo card or Amazon. My Cap1 Quicksilver will be put away and I'm closing my Quicksilver One and possibly my Shell card in 2021. 

[Heatt99]

Most if not all my cards meet my spend categories, so I'm looking for more SP CLI then new accounts. Also looking to see when Truist will refresh their products with hopes to compete with top tier cards.

If I get good BT offers at mid 2021 I might spin the wheel.

AOD VS, MDSECU VS, or PNC VS CB, or NFCU Flagship.

[wasCB14]

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@Kforce wrote:

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@wasCB14 wrote:

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@Kforce wrote:
When I first went for reward cards, I found a couple that gave me the highest rewards on my real everyday spend by analyzing 6 months history.  Have only went for new cards when a card was "Nerfed" (SalieMae)  .or. passed my "New Card Rule" .

(New Card Rule } //  New card only if reward value > $10 a month over current card set.

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I'd take a $500 SUB now over the hope that a card won't be nerfed for 50 months.

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For us cashback folks, $500 subs are non existent.

Show me a non travel  $500 "Sub", and I will go for it.   

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NFCU Flagship

BofA Premium

Cap1 Venture has expanded redemptions for a few months (not just travel, and at full value AFAIK)). Something similar with CSR (if still active, may have expired).

CSP

[credit_endurance]

Couldn't edit my reply so will put it here as I left out another goal card and that one would be a Synovus credit card of some shape or form. I am out of their blue print so will probably take a road trip next summer to a branch and apply. 

[Anonymous]

2021

want: chase amazon prime & us bank cash +

thats all...

[update 12/19/20 got us bank cash + on 12/18/20]...just need chase amazon prime Bank of America Cash Rewards.

[update 05/08/21 got Bank of America Cash Rewards on 05/07/21]…goals met.

[Aim_High]

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@Anonymous wrote:

2021

want: chase amazon prime & us bank cash +

thats all...

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You sound like you needed

this @Anonymous   

[Anonymous]

basically....5/24, 1/12....so over them. just give me my cards. ive been a really good girl this year.