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  1. Is this Vantage score for your business or your personal credit file? And maybe that is a dumb question, but I thought business credit was based on business scores. And I thought businesses also had credit reports. I may be wrong on both counts. Or are you personally liable for your business?
  2. I see. So US Bank still owns Elan credit card services. In that case, I will add that my US Bank USeless Platinum card, that started out 20+ years ago as "issued by Elan," and eventually became simply US Bank, has been stuck at $24,500 CL for at least 10 years now. Just to "second" Hegemony's DP above. (Tbh, I have never asked for a CLI on this card - it did grow from $3.5k to the present through automated CLIs, but that was a different era. Now, I use it every 6 months to buy something i want that's around $10-15. You know, just active for AAoA sake)
  3. Is Elan still owned by US Bank, or was or spun off? I remember reading it was going to be a separate company, but I've neve found confirmation that actually happened
  4. Have you ever churned any of the Navy cards (to get another SUB), or do you plan to keep them all forever?
  5. I'm sorry to hear all the troubles you've had. That is a rough story. But it sounds like you are willing to work with the hand you've been dealt, which should help you to move forward and achieve your goals. I'm wondering how much an installment loan would help you or not. If you look for the threads on the Alliant loan hack and the NFCU share-secured loan hack, you'll find out more about what CV was referring to, and other CBers experiences with scores and different payment strategies (like 90-95%). I've never done one, but I think it might be a good way to build a history with a particular CU, if you find one that offers products you like and might want in the future. But any CU will require that you open and keep a savings account with them. Oh yeah, and forget you ever cared about the word Vantage. It's a false icon that so far no lenders care about. That's in the fine print when the CRA sells you the Vantage.
  6. I've been watching NFCU for a bit, and it looks like they only offer SUB on 1 or 2 of their cards at a time, not all of them. I'm sure that is a memberlicious example. At least they do list an expiration date for the current SUB offer on the NFCU Amex, which is 8/31/2020 on the website. Of course I don't know if that means the Flagship will have an SUB offer in September, or just if the Amex will then have a different SUB. I would love to know if any of the Navy cards are churnable over time.
  7. The cash back for Schwab Plat is 1.25%. Since you can get 2% back with several no-annual fee cards, you really need to be able to use ALL the credits, perks, and benefits of Plat to make it worthwhile. Generally that means traveling. If you have $250k invested at Schwab, they do give a $100 credit towards the AF each year.
  8. I guess I'm in the minority. I made the switch from travel rewards to cash back. No new cards, just starting again to use cards I've had for years. For the first time ever, I have more United miles than I know what to do with. And I had just gotten the old United Club card in fall 2019 (awful timing!). My 2019 (and planned 2020) strategy was UR points (the tri-fecta CSP, Freedom and Freedom Unlimited), which I generally transferred to United miles, and United miles on the United Select card and then the Club card. I was planning to put spend on the Club and Explorer cards to ease my way up from Silver to Gold on the Elite hamster wheel. When the pandemic struck, I had 5 trips already booked for the spring. All of those booked trip miles have come back to my account. Since travel has ended, and since United has not reduced the mileage fares commensurate with the cash fare, I have completely switched to cash back. Who knows when I will feel comfortable for discretionary travel to happen again, and when it does, I have plenty of UA miles, so for me I feel that cash is more important right now. And more flexible. And more valuable. I am not speculating on what a United mile might be worth sometime in the future, since I can't use them now, they are currently worth nada to me. No reason for me to earn more of them! Similarly my club membership, since the clubs are mostly closed or have no service. I am now using my BofA Cash Rewards (I have 2 cards, doing 3% dining and 3% online purchases), Discover for the 5% gas this quarter, Freedom for 5% groceries this quarter (and maybe CSP for the temporary 3% on groceries if I max out the $1500 Freedom cap), and Citi Double Cash and an Alliant VIsa for 2% on the rest. If I do need to buy future travel, I've got my AAA Visa for 3% cashback on travel ready to go. This was always my backup plan, as I knew someday that travel would be less important than cash back, but I never expected it to go like this. I think once you've gotten the travel cards you like, the next cards should be 3% cash in the categories you spend in. I haven't used my 3 United cards, my CSP, or Freedom Unlimited since mid-March.
  9. So what are the choices? As I see it, 1. Keep the status quo - making high payments at high interest with not much progress 2. Debt consolidation - which it sounds like you think you're not eligible for because of recent lates? 3. Debt relief - this is outside my fund of knowledge, but hopefully someone will chime in if this really helps or just makes a mess of things 4. Bankruptcy? -- but this will not eliminate that high SL debt, which will be a problem come Social Security time
  10. I do the same thing, from my Ink card as well. Unfortunately AmEx still hates me (going on 14 years strong now), so MRs are not an option for me. I could look at Citi TYPs again, but last time I checked it wasn't that appealing. I would probably go to a hybrid cash/points strategy. I am not earning Thank you points, but from what I read on the travel reward blogs, it looks like Citi TYs are most helpful for people who are using the European carrier FF programs (Air France, British airways, Virgin Atlantic, etc.) as those are TYP transfer partners. But otherwise TYP falls way short of UR or MR.
  11. I'm not sure I understand the question. But I'm sorry for your mental suffering. It is hard to say no, especially to family members. Thank you for having the courage to share you story, which maybe can help someone here avoid a similar financial disaster.
  12. ONLY when you have a specific reward redemption in mind, you have most of the points already, and just need a few more. AND there is seat availability for when you are looking to go. Otherwise you are basically buying bitcoin but with no chance to sell.
  13. I transfer my F5 and Freedom Unlimited points to C$R after each statement close, because this has been rumored since last year. I even read the rumor here on CB, and of course now can't find the thread. But don't keep points in your F5 or Freedom Unlimited accounts; there's no reason to leave them sit there, waiting to be devalued.
  14. Yep. The website limit is TWO payments per cycle for a reason. I don't know what that reason is, but you poke that bear at your own peril. I don't think so. For the past umpteen years I have been making ten or more online payments per month, per card, on the AmEx website and the only thing they do is continually approve my CLIs / new cards. There must be one or more other factors thrown into the mix that they don't like. I routinely pay my Amices in three or more payments to pay one statement in full. The separate payments make it easier for me to keep track of household expenses, my work travel, TAD's work travel, my personal charges, etc. I paid my last Platinum bill from WF, BOA, and a free BT from Capital One. Of course, sometimes I also run with scissors. And remember, every time CV tries to downgrade his Platinum, Amex rushes to send a targeted offer to upgrade him back to Platinum. Amex clearly loves some people more than others.
  15. This is referring to cards that access an FSA - an account where your employer can deposit part of your wages tax-free for you to pay certain allowed healthcare expenses, as defined by the IRS. Not to be confused with an HSA, which has further eligibility rules but fewer restrictions on transactions. These are both different from a card with a "flexible" or no pre-set spending limit, as some Visa Signature cards are.

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