I don’t normally blog about credit cards other than my guide on how newbies can get “into the game”. I did want to point out a deal that’s been going on that has just been given an end date.
This deal is available only to people in the USA who have good FICO scores (at least 750) and at least a small business such as Ebay seller, blog, artisan, childcare worker or whatever.
Chase’s Ink Bold & Ink Plus normally give 50,000 Ultimate Rewards points but until 1 June they are offering 60,000 Ultimate Rewards points. Here are the non-affiliate links.
One ticket on United Airlines costs 40,000 points round trip in economy. I used Seattle to Lima as an example but it applies from any North American city to any South American city. For 2 people you need 80,000 miles and $147.38 for taxes.
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So here are the steps in a very basic form to get the 2 tickets.
1. Apply for card and make minimum spend of $5000 in 3 months.
2. Get 60,000 points for card.
3. Organize your household expenses to be paid by the card using bonus categories.
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4. Make sure at least $3750 of that $5000 is in a 5x bonus category. This gets you 18,750 Ultimate Rewards points. Prepay your internet, phone, cable tv as far ahead as possible. Go to office supply stores and buy gift cards to grocery stores, department stores or whatever you need.
5. Remaining $1250 can be in any category.
6. 60,000 + 18, 750 + 1250 = 80,000 Ultimate Rewards which = 2 x tickets to South America!
This is something that comes second nature to me but if you are new to this game and have any questions please ask in the comments.