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Credit Card Bonus

April 10th, 2016 at 03:59 pm

I just signed up for the first credit card bonus (one-time) for the year. I expect it to be a slow year, but last year surprised me at the end. So... Who knows!

I got an offer to spend $500 and get $200 cash back. It's an offer that dh did late last year.

While at it, I closed his credit card for that deal.

I actually spent some time this morning evaluating if we were eligible for any bigger offers or direct deposit offers. Since dh has direct deposit for his paychecks, it opens up more rewards for us. But I didn't see anything worthwhile.

Completely striking out, I did remember that I had a direct mail offer.

Though I am kind of feeling "meh" on current offers, I don't think my work/benefit analysis has changed at all with dh working. We usually only do $200 minimum bonuses and try to maximize with the $500 bonuses. Those are all still VERY worth it. I just don't foresee getting a lot of those type offers this year.

Edited to add: Waiting to be eligible for Citi Thank You bonus again in late September 2016. Might be a $500 bonus that we can do this year.

12 Responses to “Credit Card Bonus”

  1. creditcardfree Says:

    We have opened just two cards this year, and I don't plan to open any others unless it's really great. We have met the requirements on both, but will need to wait them to pay out in the next six weeks or so.

  2. LivingAlmostLarge Says:

    what card? What cards have $500 bonuses?

  3. Petunia 100 Says:

    I just applied for the Chase Unlimited Freedom card, so I will be working on that next. Not too much work to do, either. Spend $500 in 3 months, receive $150 bonus. Add an authorized user and make first purchase within the same 3 months, receive an additional $25.

    Text is and Link is

  4. ceejay74 Says:

    I wasn't planning on doing the churn again, but with the big medical and other bills, it's worth the hassle of keeping track of all these cards. So far this year we've done 2 CapOnes (spend $500 get $100), an Amex (spend $3,000 get $250), a Citi ThankYou (spend $4,000 get $500 in gift cards), a Chase Sapphire (spend $3,000 get $500, ended up being $750 with spending and other bonuses), an HRC Visa (spend $500, get $100). Now we're doing a third CapOne with the same offer as above. Between planned spending like our Barcelona & NY trips, and unplanned stuff like the collarbone surgery, we've had no trouble spending them up!

    That reminds me to see if my Citi ThankYou points have hit. Any day now...

  5. PatientSaver Says:

    I've also fallen off the wagon with the credit card churn and really would like to do more but like them to be at least $200. Although it's been long enough that I could try to repeat one of the above-mentioned cards a 2nd time. Do you advise calling the issuer to make sure you'd be eligible for the bonus a 2nd time around or do you assume that if you get approved for the card, you're good?

  6. ceejay74 Says:

    I assume I'm good. I think technically you're not supposed to double-dip, so if you called they might say no, whereas if you just apply online you'll get the bonus. I figure there could easily be a way for them to track that if they really cared; I usually can use the same login as my old card and everything.

  7. PatientSaver Says:

    Oh, interesting, ceejay. Well in that case, i may go for a double dip...thanks!

  8. MonkeyMama Says:

    LAL - Citi Thank You, Chase Sapphire, and Chase SW regularly offer $500 bonuses.

    PS - The information is online about how frequently you can do these bonuses. Just because you are approved for the card doesn't mean that you are eligible for the bonus. The rules are becoming more restrictive over time. I'd just google any card you are considering. I think the Citi Thank You you can only do if you haven't had the card for 24 months, just as an example.

  9. MonkeyMama Says:

    correction: "Bonus ThankYou Points not available if you have had a Citi ThankYou Premier card opened or closed in the past 18 months."

    I am waiting out 18 months to do this one again.

  10. PatientSaver Says:

    Thanks...currently investigating...

  11. PatientSaver Says:

    The Citi Thank you Premier card no longer offers the big bonus. Smile and I just don't think I can spend $4,000 in 3 mths to meet the chase sapphire spend requirement....

  12. MonkeyMama Says:

    Citi will offer it again eventually, most likely. Keep an eye out for it.

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