Apparently I can burn up a LOT of Marriott points (if I do it soon) and have one valid through 12/18. Worth it for me and the Mrs. living in Houston? Other thoughts?
2012Ag said:
Best travel reward imo. Any ticket you purchase, you get one free. Method I got it from was getting both the southwest cards (premier and plus) and getting the 50k bonus on each. This got me to 104k points (4k from min spend of 2k on each card). Needed 6k more for the pass so I transferred some UR points from my chase sapphire preferred account to my Hyatt program, and Hyatt to Southwest. UR directly to Southwest didn't count towards the pass yet Hyatt to Southwest did. This is no longer allowed as of this month sometime so I was scrambling to get this done before the deadline. Just got it Weds
My wife and I both have one and have our kids as our companions and have been able to travel the country over the last couple years with them. Essentially we balance the Plus, Premier, and Business cards (buying and cancelling) as well as buying everything on one card and whenever we buy stuff online we go through the SW website when possible (for instance my wife got 10X miles for re-ordering her contacts).2012Ag said:
Best travel reward imo. Any ticket you purchase, you get one free. Method I got it from was getting both the southwest cards (premier and plus) and getting the 50k bonus on each. This got me to 104k points (4k from min spend of 2k on each card). Needed 6k more for the pass so I transferred some UR points from my chase sapphire preferred account to my Hyatt program, and Hyatt to Southwest. UR directly to Southwest didn't count towards the pass yet Hyatt to Southwest did. This is no longer allowed as of this month sometime so I was scrambling to get this done before the deadline. Just got it Weds
It says you can't apply if you'd received sign up bonus in last 24 months. So it has to be longer than 24 months, since you can't sign up and receive bonus instantaneously.bjork said:
Prior, we've churned the Premiere and Business. You can re-apply every 24 months - alternate which
That's 70 days from application time to earliest cancel time. Since next round is 24 months from cancel time, it's 26+ months from your wife's initial sign up time. 27 months would be the longest minimum time, if that makes sense.bjork said:
24 months + 1 day from the day your bonus points posted.
My wife's rough schedule in 2016:
11/01/15: Sign-up for personal and business SW cards
01/01/16: Hit minimum spend
~01/08/16: Bonus points posted, CP awarded
It's 24 months from the posting of bonus. There's technically not even a need to cancel. You could have as many Chase SW cards as you want in those 24 months. But you won't get the sign-up, 50k bonus until you're re-eligible at 24 months + 1 day.Quote:
Since next round is 24 months from cancel time
It's $6k of additional spend. You have $2k ea. for minimum spends = 4,000 miles. The year in which you hit 110k miles is what matters for CP. My wife had from November - end of January to hit the min. spend. She brought the cards to just under $2k in spend in December - all paid off. At the new year we hit the min. spend ASAP. The remaining $6k consisted of paying car and home insurance and Simon VCGs, ~$5 fee/$500 gift card. You can either use them or convert to money-orders at Walmart for $.70/$1k. There's no reason to miss a credit card payment.Quote:
I suppose if you drop 10k on Visa gift cards (isn't there a charge on those?) on day 1 of receiving card (which obviously didn't happen in your wife's schedule), then you could shorten it to 24 months plus about 2-3 weeks.
But most people can't afford to pay off a $10k credit card bill that you've essentially spread over a longer time, resulting in interest charges.
I didn't know this. I assumed 1 name can only have 1 SW card... That's kinda weird.bjork said:It's 24 months from the posting of bonus. There's technically not even a need to cancel. You could have as many Chase SW cards as you want in those 24 months. But you won't get the sign-up, 50k bonus until you're re-eligible at 24 months + 1 day.Quote:
Since next round is 24 months from cancel time