Today’s question comes from BenBaril from reddit.com/r/churning Question: Last year I had about 50k spend on my Amex SPG card, which yielded me a decent number of points. I definitely made way more than... Read More →
Category - Questions & Answers
I’m About To Be Charged My Chase Sapphire Preferred Annual Fee, What Should I Do?
Question: I got my Chase Sapphire Preferred almost twelve months ago, I’m almost due to pay my annual fee and I’m wondering what I should do. I like the ability to be able transfer my points to different airlines (especially... Read More →
[Outdated] Which Barclays Card Is Better? Frontier Vs Arrival
This post is now out of date, information contained therein is no longer accurate. This question comes from reddit.com/r/churning user Camarda. I thought it deserved it’s own post, so here we go. Question: I’m torn between... Read More →
How Do Secured Credit Cards Work?
Question: I have really bad credit history with a lot of late payments. I’m making all of my payments on time now and I’m in a much better financial situation, but I can’t seem to be approved for a credit card. I heard... Read More →
What’s The Best Secured Credit Card To Rebuild Credit?
Question: I lost my job and wasn’t able to find a new one for nearly a year. Because of that I racked up a lot of credit card debt that I couldn’t pay, my credit score is in the low 500’s now and I want to start... Read More →
How To Upgrade A Secured U.S Bank Credit Card To An Unsecured Card
Question: I’ve had a U.S. Bank Secured Visa Card for more than a year now. I have perfect payment history (paid off my card in full each month) and my FICO score is now sitting around 660. How do I get my card unsecured and will I... Read More →
What Is A Secured Credit Card?
Question: I have no credit history and I want to apply for a credit card. I spoke to a manager at a bank about applying for one and explained my situation and he suggested applying for a secured credit card. What are secured credit... Read More →
How Do I Get A FICO Score Of 720+?
Question: A lot of sites claim that I need a FICO score of 720+ to be eligible for the better credit card bonuses. I want to increase my score, how can I do it? Tim, Washington DC Answer: The FICO score you need to be approved for... Read More →
How Long Do Hard Inquiries Stay On A Credit Report?
Question: I’ve made a number of hard inquiries recently (applying for new credit cards and an auto loan) and my credit score has dropped significantly. I’m wondering how long these hard inquiries will stay on my credit... Read More →
Where Can I Buy A Vanilla Reload Card From?
Question: I’m struggling to meet the minimum spending requirement for the Chase Sapphire Preferred Card ($3,000 in 3 months). I heard I can use my credit card to purchase a Vanilla Reload and then use that to load a Bluebird... Read More →
Is There An Age Requirement For Credit Cards?
Question: I’m currently 20 years old and I’d like to apply for a credit card. I heard that if you’re under 21 there is no chance of getting accepted, is this true? Tyler – New England Answer: Consumers that are... Read More →
Are There Any Drawbacks To Applying For As Many Credit Cards As Possible?
Question: I read your introduction to credit card churning and I want to make the most of those sign up bonuses you mentioned. What are the drawbacks to applying for as many of the credit cards as possible. Tony – Omaha ... Read More →
How Much Will My Credit Score Drop If I Apply For A New Credit Card?
Question: I’m wondering how much my credit score will drop if I apply for a new credit card. I’ve currently got three credit cards, but I want to apply for a new one so I can get the sign up bonus. I’m wondering how... Read More →
True Or False, FICO Is The Most Commonly Used Credit Score In The United States?
Question: Hi, Doctor. We are a group of students in North Dakota and we have a question for you. It’s a true or false one. Is the FICO score the most commonly used credit score in the United States of America? – Grade 5... Read More →
Does Removing A Negative Item With One Agency Force The Other Two To Remove It Also?
Question: I recently found a negative item on my Equifax credit report (bill marked as unpaid & delinquent even though I had paid it). I disputed the item and Equifax has removed it. I’m just wondering if I’ll need to... Read More →