My Credit Cards Blog

Here’s a worthy bonus of a hit on your credit score. Citi is now offering $150 bonus with the CitiBusiness Thank You Points Credit Card with no annual fee.

I wrote previously that anybody can apply for a business credit card. Here’s a quick recap:

Whether you have a home-based business or that you have sold something on Ebay, you can apply for a business credit card. You can put your name as the business name and your social security number as the tax id. Your business is called sole proprietorship and it’s perfectly legal with the IRS.

If you are still having several credit cards that still not meeting your needs? Switch to CitiBusiness Card and find that the CitiBusiness card help you manage your expenses, pay all your bills, and earn rewards for all your purchases.

The best part right now is that there is a 15000 Thank You points bonus which convert to $150 gift card bonus in the Thank You Network.

If you click on CitiBusiness Thank You Points Credit Card, there is only a 10000 thank you points bonus showing. However, turn off pop-up blocker, and then exit the page, and you will see the page below.

So after first purchase, you will get 15K bonus points to get $150 in gift certificate. The CitiBusiness card also earn 3 points for every dollar spent on eligible business purchases. For all your other purchase, earn 1 point per dollar spent and start redeeming your points for gift cards, merchandise, travel services and more. Another bonus with the CitiBusiness card is that you can receive discounts at participating retailers and online merchants.

Make more money by Balance Transfer since they are having 12 months 0% APR special on BT and the BT fee is waived with this offer.

Other cardholders benefits include $1 million in travel accident insurance for you and your immediate family, car rental insurance when you decline the car company’s collision coverage, and advanced fraud protection. Then you get travel benefits such as lost luggage coverage, emergency cash replacement, and Citibank’s zero liability policy for unauthorized purchases.

Don’t wait too long, apply now to the CitiBusiness Thank You Points Credit Card.

Still trying to find that great cash back rewards card? Look no further than the Chase Freedom Cash Visa Signature Card. Of the many Chase consumer cards out there, the Chase Freedom Cash Visa Signature Card is ranked on top for its cash back program. The card offers 3% cash back on gas, groceries, and quick service restaurants. You will earn 1% for all other purchases. This seem to be rock solid cash back program with groceries, gas, and restaurants(fast food) combination. You can earn triple rewards on 15 categories at the types of places you spend the most.

You would think that there are cards such as the AmEx Blue which gives you 5% cash back on the same category. However, the AmEx Blue is on a tier system whereas the 5% cash back will only kick in after $6500 in spending. The Chase Freedom Cash Visa Signature Card has no such tier system.

For a limited time, there is a special $50 bonus after first purchase for signing up.

It has no annual fee. There is a Balance Transfer fee of minimum $5 and maximum of $75 on any single balance transfer.

The best thing about the Chase Freedom Cash Visa Signature Card is you get your rewards in the form of cash and not points. Also, if you waited until you reach $200 in cash back, they will kick in an extra $50. This officially make the Chase Freedom Card to be 3.75% cash back on selective categories and 1.25% cash back on everything else. I personally have the Chase Freedom Cash Visa Signature Card and I highly recommend using it for everyday purchases.

I love getting free bonus miles from signing up to credit cards. Airplane tickets can cost an arm and a leg, so why not let the credit card companies pay for it. Some cards have no fee for first year, hence you can use your bonus miles and then cancel your card and pay absolutely nothing.

For those Cards that have annual fee, the bonus miles are worth way more than the fee. Once you used your bonus miles, you can cancel your card and ask them to waive the fee or pro-rate the fee since it’s less than 1 year.

Here’s a complete list of all the free miles you can get which add up for several flight tickets.

Consumer Cards:

Gold Delta SkyMiles Credit Card gives you 15000 bonus miles after first purchase. 2500 more bonus miles for each additional cardmember. No fee first year.

American Express Preferred Rewards Gold Card gives you 10000 bonus points after first purchase which can be converted to travel rewards on over 21 major airlines. No fee first year.

Starwood Preferred Guest Credit Card from American Express gives you 10000 Starpoints after first purchase which can be transferred to flyer programs of over 30 airlines. No fee first year.

JetBlue Card from American Express gives you 50 TrueBlue points (worth 1/2 of a round-trip ticket) after first purchase. Annual fee is $40.

Miles by Discover Card gives you 12000 bonus miles. There is no annual fee.

Citi Platinum Select/ AAdvantage gives you 15000 bonus miles after first purchase. No annual fee for first year.

Bank of America US Airway Visa Signature gives you 25000 bonus dividend miles after first purchase. $90 annual fee.

Bank of America Alaska Airlines Visa Signature gives you 20000 bonus miles upon approval. $75 annual fee.

Bank of America Hawaiian Airlines Visa Platinum gives you 10000 bonus miles after first purchase. $50 annual fee.

British Airways Visa Signature Card from Chase gives you 15000 bonus BA miles after first purchase. $75 annual fee.

Don’t just apply to the consumer cards, anybody can get the business cards. Did you know that you don’t have to be part of a corporation or LLC to apply for a business credit card? Your name is consider a sole proprietorship type of business. When filling out business credit cards, simply use your name as your business name and your Social Security number as your tax id.

How does this work? Whether you have set up a lemonade stand, a garage sale, or sold something on Ebay, your business is called sole proprietorship. This is completely recognized by the IRS with your name as your business name.

Even if you have a business, you would still put down your EIN and your social security number on your application. There will be a hard pull on your credit report. However, business credit cards will not show up on your personal credit report. Your business credit card’s balance doesn’t effect the debt-credit limit ratio. This means that you can open and close business credit cards without worrying about showing up on your credit report.

Business Cards:

Gold Delta SkyMiles Business Credit Card from OPEN^SM the small business team gives you 15000 bonus miles after first purchase. Up to 30000 bonus miles in your first year. Fee is waived first year.

Business Gold Rewards Card from OPEN^SM the small business team gives you 25000 points after first purchase which is redeemable for one domestic round-trip airline ticket. No fee first year.

Starwood Preferred Guest Business Credit Card from American Express give you 10000 bonus Starpoints after first purchase which is transferable to 30 major flyer programs. No fee first year.

JetBlue Business Credit Card from American Express gives you $50 statement credit and 25 Trueblue points (worth 1/4 of a round-trip) after first purchase. $40 annual fee.

Citi Business AAdvantage Card gives you 20000 bonus miles after $250 in purchases. No fee first year.

The Citi Diamond Preferred Rewards Card gives you 6000 Thank You points after first purchase. With the 6000 bonus points, you can redeem for a $50 gift card from the Thank You Network. The gift card can be Best Buy, Sears, and Target just to name a few. There is no fee to enroll in the Thank You Network and points are easily redeem.

Here’s a quick summary of the benefits of Citi Diamond:

• No annual fee
• 5 Thank You points for every dollar purchase from Gas, Supermarkets, and Drugstores for 12 months.
• 0% APR on Balance Transfer for 12 months.

Few other benefits include identity theft protection, price protection program, and $0 liability on unauthorized purchases.

Usually, most cards have only either a sign on bonus or great cash back program, or 0 % apr promo. Citi Diamond Preferred Rewards has all three benefits. Although I wouldn’t do balance transfer with this card since the balance transfer fee is capped at $250. I wouldn’t not want to Balance Transfer for that high amount of fee.

If you are looking for a free $50 gift card, then apply now.

Of the many Chase Consumer cards out there, the Chase Freedom Cash Visa Card is ranked on top for its cash back program. The card offers 3% cash back on gas, groceries, and quick service restaurants. You will earn 1% for all other purchases. This seem to be rock solid cash back program with groceries, gas, and restaurants(fast food) combination.

You would think that there are cards such as the AmEx Blue which gives you 5% cash back on the same category. However, the AmEx Blue is on a tier system whereas the 5% cash back will only kick in after $6500 in spending. The Chase Freedom Cash Visa Card has no such tier system.

It has no annual fee and up to 6 months of 0% APR on purchases and Balance Transfer. There is a Balance Transfer fee of minimum $5 and maximum of $75 on any single balance transfer.

The best thing about the Chase Freedom Cash Visa Card is you get your rewards in the form of cash and not points. Also, if you waited until you reach $200 in cash back, they will kick in an extra $50. This officially make the Chase Freedom Card to be 3.75% cash back on selective categories and 1.25% cash back on everything else. I personally have the Chase Freedom Cash Visa Card and I highly recommend using it for everyday purchases.