Search found 3976 matches

by madbrain
Sun Sep 25, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Does anybody here have a good credit score with no credit cards?
Replies: 16
Views: 1290

Re: Does anybody here have a good credit score with no credit cards?

If your credit score is affecting your rates, you will get an adverse action notice from the insurance company, explaining the reason why the score is not higher. Is this true for all states? Most insurance rules and laws seem to be state specific. No. Insurance companies are prohibited from consid...
by madbrain
Sat Sep 24, 2016 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 6802

Re: Citigold minimum increasing to $200,000

Madbrain, I look forward to hearing what they do with you. I hope you find it an easy time. If not, I will be happy to observe the battle. I believe my offer actually only required $50,000 deposit for 30 days but one of the bankers told me was 90 and now it has been sitting there for about six mont...
by madbrain
Fri Sep 23, 2016 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Yes. Do a google search for different award programs rules on stopovers. ETA: For example, on United an itinerary that is Newark to Frankfurt, Frankfurt to Tokyo, Tokyo back to Newark would be charged the same miles as a Newark to Tokyo roundtrip (taxes are a different story). A number of bloggers ...
by madbrain
Fri Sep 23, 2016 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

That is Flyingblue. Airline programs vary. The current United program allows you one free stop over. Aeroplan (an amex transfer partner) allows you two. Hence the ability to get both a Paris trip and a Saigon trip on one award. Both sites can be buggy so as ResearchMed mentioned sometimes you have ...
by madbrain
Fri Sep 23, 2016 4:26 pm
Forum: Personal Consumer Issues
Topic: HSBC Bank- Easy $350 bonus
Replies: 15
Views: 1615

Re: HSBC Bank- Easy $350 bonus

I successfully opened one of these accounts, but I did it at the HSBC branch instead of online. I went in to open the account on 9/10. I wasn't able to actually log in to the online banking until 9/14 (and multiple phone calls) but after that there was no problem. Online bill payments from the acco...
by madbrain
Fri Sep 23, 2016 1:00 am
Forum: Personal Consumer Issues
Topic: HSBC Bank- Easy $350 bonus
Replies: 15
Views: 1615

Re: HSBC Bank- Easy $350 bonus

I applied for this one the day the offer came out, 2 weeks ago. Not a single email since, not even to acknowledge the initial application. Have spent a lot of time on hold with them trying to figure out the status. Last update was on Monday, they said it would be open in 1-2 days. Of course, nothing...
by madbrain
Fri Sep 23, 2016 12:18 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

My preliminary research (today) has led me to Mui Ne, Vietnam, which is supposedly quite beautiful and also a windsurfing destination. I have not heard of or been to Mui Ne. I will ask my husband later tonight. So, I asked. He has never been himself. He heard it's very nice, some of his family memb...
by madbrain
Thu Sep 22, 2016 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

By "multiple award flights", are you referring to several legs en route from A to B (such as A - C - D - B)? Yes. When trying to book multi-destination award, on most airline web sites, you have to select the flights for each leg, and are then quoted a separate price in miles + taxes/fees...
by madbrain
Thu Sep 22, 2016 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

madbrain... Have you tried to book a multi-leg routing by calling the airline, not online? I'm referring to connections for a one-way trip, not a return. No, I have not. What we had to do was to call the airline whose points we were using, not the airline we were flying. For one "direction&quo...
by madbrain
Thu Sep 22, 2016 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

It was ~22,000 miles. Thanks - that would indeed probably be lower, considering most of the taxes on United awards are usually paid with miles rather than separately. Edit: not sure if this was the promotion you were referring to. But this one applied only to round-trips, not one way. https://www.u...
by madbrain
Thu Sep 22, 2016 8:19 pm
Forum: Investing - Theory, News & General
Topic: Using mortgage to invest?
Replies: 11
Views: 1022

Re: Using mortgage to invest?

What the OP is pry thinking about is a heloc. House paid off so tap in the equaty to invest. But the OP wants to then sell the house from under the lender and keep the loan. Whether it's a HELOC or a mortgage makes no difference - they both use the house as collateral. OP cannot sell the house with...
by madbrain
Wed Sep 21, 2016 9:08 pm
Forum: Investing - Theory, News & General
Topic: Using mortgage to invest?
Replies: 11
Views: 1022

Re: Using mortgage to invest?

People used to put money in savings account in 2007 at 5% by borrowing at 0% credit card transfers(no transfer fee). Probably the only free lunch I knew of in all these years. Yes, I did this to the tune of $150k. One bank checked my credit report, saw all the other maxed out cards, and closed my a...
by madbrain
Wed Sep 21, 2016 9:03 pm
Forum: Investing - Theory, News & General
Topic: Using mortgage to invest?
Replies: 11
Views: 1022

Re: Using mortgage to invest?

Assuming you already have a place to live, take out a 30yr mortgage on a $150k house. Sell the house ASAP, trying to minimize fees, keeping the mortgage (is this possible?). In a word, no. In the USA and most developed countries which have a process for recording liens against property. No one will...
by madbrain
Wed Sep 21, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

I wonder if buying vacation/insurance/other things through Costco works out to a good deal? They are excluded the 5% benefit from direct purchases with the Freedom card. But far as I can see you can buy a Costco card with Freedom, get the 5%, use the Costco card to pay for the other excluded purcha...
by madbrain
Wed Sep 21, 2016 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

That's because of the promo on AF and you missed the promo United had on trips to Europe. Yes, I didn't see any promo on United. Do you know how many miles they were for 1-way SFO-CDG ? As you've seen for each itinerary you have to compare the cash vs. miles option. The beauty of using miles as opp...
by madbrain
Wed Sep 21, 2016 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Believe I read the Prestige is changing the redemption for AA (and all airlines) to be a flat 1.25 redemption rate Well, I guess that will make me question my renewal for Prestige, then.It looks like the Citi Prestige was introduced in 2012, so it was about 4 years before they did this downgrade. N...
by madbrain
Wed Sep 21, 2016 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Do I qualify for the Chase Sapphire Plus sign-on bonus?
Replies: 18
Views: 1466

Re: Do I qualify for the Chase Sapphire Plus sign-on bonus?

As long as they did not require your ss# to be on your wife's card account you should be fine. +1. I added my wife to many of my cards just using her name. Lots of people have the same name. I thought so too, but that is not the case. We are a same-sex couple and don't share the same last name eith...
by madbrain
Wed Sep 21, 2016 3:44 am
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 6802

Re: Citigold minimum increasing to $200,000

You do not have to keep the account in a non-interest bearing (or terribly low interest bearing) account (either the $200k Citigold amount or the $50k Citi Priority amount. Investment accounts count towards status, so you can easily invest in a ultra short term bond fund or something similar that w...
by madbrain
Wed Sep 21, 2016 12:53 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

@ madbrain, I would be careful about holding onto GCs for any length of time. There are too many DPs of people who went to use them only to find they were drained. Obviously if you have your receipt there is recourse available. Not sure how well that would work 6-12 months later plus the need to fl...
by madbrain
Tue Sep 20, 2016 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

I randomly chose a departure in January and a return in February. Usually I start by looking at google flights, which shows prices for different dates on either one-way or round-trips. And then I look year long to see when the fares are lowest. Of course, it's not just the travel date that matters,...
by madbrain
Tue Sep 20, 2016 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5253

Re: How I circumvented Chase's 5/24 rule

And we need a Sapphire Reserve card because? Because you don't want to leave money on the table. Even if you don't travel at all and redeem the signup bonus for cash, you will get a net $550 cash from Chase after $4000 spending. That would be 100,000 points redeemed at 1 cent per point, less the $4...
by madbrain
Tue Sep 20, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

And I think drugstores now have a policy of not accepting credit cards to buy loadable debit cards. Victoria It depends on which drugstore chain, which specific store, as well as which type of card you buy. I suggest reading https://www.reddit.com/r/churning/ and http://www.flyertalk.com/forum/manu...
by madbrain
Tue Sep 20, 2016 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 6802

Re: Citigold minimum increasing to $200,000

^also good luck on getting that bonus. I have gotten 3 different excuses for not paying up. I have heard that it can be difficult to collect, but don't know the specifics. Did your offer have any other requirement besides the deposit for 90 days ? Mine does not. No direct deposit, no bill pay, noth...
by madbrain
Tue Sep 20, 2016 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 6802

Re: Citigold minimum increasing to $200,000

I have really got to wonder what Citi is thinking on this one. They really can't afford to refund ATM fees for customers with $50k in assets ? I realize interest rates are low, but I wonder how many customers have $200k in deposits vs $50k, ie. how many they are really cutting off from ATM refunds ...
by madbrain
Tue Sep 20, 2016 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

I have owned property in a lovely village on a Venezuelan island for the past 23 years, where I spend my winters windsurfing. Given the current situation in Venezuela, I probably will not go there this winter, and am looking forward to trying something new for a change. Yeah, I have not really cons...
by madbrain
Tue Sep 20, 2016 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do I qualify for the Chase Sapphire Plus sign-on bonus?
Replies: 18
Views: 1466

Re: Do I qualify for the Chase Sapphire Plus sign-on bonus?

There is no "Chase Sapphire Plus". CSP = Chase Sapphire Preferred. And no, you are not disqualified. My husband and I each got CSP this year, and put each others as authorized users. After the $4000 spending, we each collected 50,000 bonus points, 5000 points for AU, and about another 5000...
by madbrain
Tue Sep 20, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5253

Re: How I circumvented Chase's 5/24 rule

Not a big traveler. Even less a fan of complexity. Plus, unless I am going to cancel the card after all these hoops - I looking at a card with a $450 annual fee? Plus a credit hit when I cancel it? If those are true, I'd pass. If you don't travel, then it's probably not the card for you. But I disa...
by madbrain
Tue Sep 20, 2016 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5253

Re: How I circumvented Chase's 5/24 rule

And we need a Sapphire Reserve card because? Because you don't want to leave money on the table. Even if you don't travel at all and redeem the signup bonus for cash, you will get a net $550 cash from Chase after $4000 spending. That would be 100,000 points redeemed at 1 cent per point, less the $4...
by madbrain
Tue Sep 20, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

That said, most of the major airlines have shopping portals where you get miles for purchasing through their portal. You may want to consider that in the future in order to keep your account active rather than using your miles for magazines. I will look into the portal option. I don't think it's th...
by madbrain
Tue Sep 20, 2016 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

I have been reading far too much on the Chase Sapphire Reserve since I am considering it myself: * Ultimate Rewards Points will be rewarded on the UR Portal: 1.5 points = 1 point as opposed to the Chase Sapphire Preferred, which is 1.25 points = 1 point when using points. * 3% back on Dining and Tr...
by madbrain
Tue Sep 20, 2016 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Why wouldn't you look at United? Good question. I was just looking for the least expensive cash fares first, and using the baseline of 1.5cpp with Chase to book for these flights as cash fares, not award flights. Then, I tried to price the awards for those flights to see if I could get a better poi...
by madbrain
Tue Sep 20, 2016 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5253

Re: How I circumvented Chase's 5/24 rule

I guess it might be worth doing it if you plan to keep the card for years to come. I am way past 5/24 and I just look for other deals, such as Bank of America Alaska Airlines which gives 30K points for only $1000 spent and $100 credit (which covers $89/year annual fee) Even if you don't get the sig...
by madbrain
Tue Sep 20, 2016 3:45 am
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 6802

Re: Citigold minimum increasing to $200,000

The $50k you had in your account to maintain CitiGold will now be converted to CitiPriority. You can see the benefits here: https://banking.citibank.com/cbol/citi-priority-package/default.htm?BT_TX=1&ProspectID=CC7F018971B546499DF68A3C982FA46E The benefits are very close to the old Gold benefit...
by madbrain
Mon Sep 19, 2016 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 6802

Re: Citigold minimum increasing to $200,000

The $50k you had in your account to maintain CitiGold will now be converted to CitiPriority. You can see the benefits here: https://banking.citibank.com/cbol/citi-priority-package/default.htm?BT_TX=1&ProspectID=CC7F018971B546499DF68A3C982FA46E The benefits are very close to the old Gold benefit...
by madbrain
Mon Sep 19, 2016 10:16 pm
Forum: Personal Consumer Issues
Topic: Transfer Citi Thank-you points to United Airlines
Replies: 11
Views: 671

Re: Transfer Citi Thank-you points to United Airlines

Better yet, one can transfer some of those points to one airline and then use them to purchase travel on yet a different partner airline. There are quite a few sometimes circuitous ways to get points from A to travel on a thought-to-be unaffiliated airline. We are still learning about these possibi...
by madbrain
Mon Sep 19, 2016 10:12 pm
Forum: Personal Consumer Issues
Topic: Transfer Citi Thank-you points to United Airlines
Replies: 11
Views: 671

Re: Transfer Citi Thank-you points to United Airlines

Directly from Citi's website: ThankYou® Points are worth 25% more when redeemed for airfare, hotels, cruises and car rentals through the ThankYou® Travel Center, as compared to gift cards redeemed from the ThankYou® Rewards collection. With the Prestige card you get a 33% bonus, so each point is wo...
by madbrain
Mon Sep 19, 2016 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5253

Re: How I circumvented Chase's 5/24 rule

Edit: called recon a second time. Told them I removed the 2 AU cards. Also told them not to count one of his cards which is a store card (Kohl) as they normally only count bank cards. That should put him at 4/24 instead of 7/24. Now his CSR application is in secondary review with them, they said it...
by madbrain
Mon Sep 19, 2016 7:50 pm
Forum: Personal Consumer Issues
Topic: Transfer Citi Thank-you points to United Airlines
Replies: 11
Views: 671

Re: Transfer Citi Thank-you points to United Airlines

With the Thankyou Premier card you can purchase tickets at United at a rate of 10000pts=$125. How does that work ? Is this specific to the Premier ? Where does the $125 cost come from ? I just got approved for the Citi Prestige card but am not aware of any such option with United. But this is only ...
by madbrain
Mon Sep 19, 2016 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

You are right, sorry. I could transfer them to Flying Blue or Korean though, which are Skyteam. But that 22,000 mile Delta award might not be available there. I have corrected my post. I don't know if that is always the case, but my recollection, the last time I booked a flight to Europe, was that ...
by madbrain
Mon Sep 19, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance with original lender @ 2.625%?
Replies: 12
Views: 1418

Re: Should I refinance with original lender @ 2.625%?

If say I buy another home worth 1.3x my current home value, should I even bother refinancing and instead put that extra money into savings for the new home? Or is that still money wasted on interest? Whether the extra interest is "wasted" depends on how much you value the flexibility of a...
by madbrain
Mon Sep 19, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Were you able to transfer UR points to Delta? I thought Delta was not one of UR's travel partners, in terms of being able to transfer / convert UR points to Delta FF miles. Am I misinterpreting your comment? No, I have never transferred to Delta. It was my mistake, and I corrected the post. Chase U...
by madbrain
Mon Sep 19, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Thanks. Yes, it looks like you got a good point value for this route. Delta also flies this route nonstop and costs $475 next July which is less than with United. The cheapest award costs 22,000 miles + $11.20 . While that would be a a lower 2.10 cpp value than your 2.2cpp, if I'm transferring Chas...
by madbrain
Mon Sep 19, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Just booked a flight to CA on United for Jul 2017 for the week of the 4th for the wife and I. 2.204 cpp. Optimal times for us to leave/arrive, and nonstop flights. 8-) 8-) 8-) Can you give more specifics ? Was it economy or business//first class ? And what cities ? DTW to SFO. Economy class. Flight...
by madbrain
Sat Sep 17, 2016 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance with original lender @ 2.625%?
Replies: 12
Views: 1418

Re: Should I refinance with original lender @ 2.625%?

Do any of these other offers sound decent (much better than original lender) but could I get better?: 1. LW: 2.625% rate, 0 points, $900 in fees, $2000 in 3rd party costs 2. SF: 2.75% rate, 0 points, no lender fees, $425 for appraisal, estimated $1200 for title, etc. IMO, you want the fees and 3rd ...
by madbrain
Fri Sep 16, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

Just booked a flight to CA on United for Jul 2017 for the week of the 4th for the wife and I. 2.204 cpp. Optimal times for us to leave/arrive, and nonstop flights. 8-) 8-) 8-) Can you give more specifics ? Was it economy or business//first class ? And what cities ? I just booked a number of flights...
by madbrain
Wed Sep 14, 2016 5:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3145
Views: 735452

Re: U.S. stocks in freefall

This time I think they mean it, based on reports of big wage increases, but trying to hold off until after the election.. I certainly wish I was seeing those big wage increases ! Or any increase at all. Fed already did one rate hike last year. They likely intend to continue, they have said that muc...
by madbrain
Wed Sep 14, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3145
Views: 735452

Re: U.S. stocks in freefall

I sold 3% of my portfolio last wednesday, which happens to have been the all time high so far. This was prompted by all the Fed talk. So yes, I admit to doing a very small amount of intentional market timing. But it was with a small portion of the portfolio. Wish it had been more :) Unusual to see ...
by madbrain
Wed Sep 14, 2016 12:56 am
Forum: Personal Consumer Issues
Topic: Suckered into Marriott Kauai Timeshare Presentation
Replies: 101
Views: 11142

Re: Suckered into Marriott Kauai Timeshare Presentation

We took advantage of a similar offer with Hilton. I heard about it on the phone after signing up for a Citi Hilton VISA card. We got 3 nights in Vegas in a 5-star hotel (Elara) for $110 total; in exchange for attending a 2 hour sales pitch. We went two weeks ago, during labor day weekend. I asked a ...
by madbrain
Wed Sep 14, 2016 12:25 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

I will look at bookings for Xmas season next. I know ticket prices go through the roof. My employer has a shutdown with 3 forced vacation days (where you can't work and have to take those days from your balance) on top of the 2 regular paid holidays. That's a big incentive to travel that week. ... ...
by madbrain
Tue Sep 13, 2016 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 766
Views: 74865

Re: What's Your Credit Card Rewards Strategy?

My husband is apparently S.O.L on his CSR application, though. If he wants the card enough, and has access to a physical Chase bank, I would humbly suggest that he: 1. Check online to see what kind of promos Chase is currently offering for opening an account....they can be quite lucrative and they ...

Go to advanced search