For example, the Alaska Airlines card comes with a 25,000 mile bonus.To get that, you just need be approved for the card (and pay the USD annual fee).My favorite spending minimums are the offers that require you to make one purchase in order to unlock the bonus!
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While there are ways to fake your spending, it’s best to be able to get the bonus using normal day-to-day spending.
I typically sign up for cards with a minimum spending requirement of $1,000–3,000 USD in a three- to six-month period.
Added category spending bonus — Most credit cards offer one point for every dollar spent. I want the ability to get two or three points every time I spend a dollar.
However, the good credit cards will give you extra points when you shop at specific retailers, or, if it is a branded credit card, with a particular brand. For example, with the Chase Sapphire Preferred card you get 2x points for travel and dining at restaurants, the Chase Ink gives you 5x points for office spending, and the American Express Premier Rewards Gold card 3x points on airfare.
I’ve accumulated close to one million points through sign-up bonuses alone.
I use so many points each year; it would take an entire book to just list them off to you. All those points and miles have allowed me to travel the world on the cheap.
Their desire to get you, the consumer, is really your gain.
By milking the system, you can get tons of free air tickets, hotel rooms, vacations, and even cash back.
You don’t want to dive into the deep end before you’re ready because one mistake in this game can leave you stuck with spending requirements you can’t meet (and bonus points you can’t earn)!
It’s easy to go crazy and sign up for 10 cards in a short amount of time.
I use an AMEX card for booking flights (3x per dollar spent), Chase Sapphire for my everyday spending (and sometimes a Starwood card), and a different card for my business!