Everything You Need To Know About Credit

When it comes to earning points and miles, having a foundational understanding of credit is imperative. Unfortunately, many Americans don’t actively keep up with their credit.

Most people don’t even understand how credit works. There’s a reason why the number one question I get when explaining points and miles to people is “doesn’t that hurt your credit?” Even people who I would consider financially savvy tend to ask me this question, and it is simply because people don’t understand how credit works.

If you’re new to credit, let me start off with some calming words.

The Chase 5/24 Rule: Everything You Need To Know

There are a few fundamental rules to the success of anyone involved in points and miles. If there’s one that is more important than any other, it is the Chase 5/24 rule.

The Chase 5/24 rule is so fundamental that you’ll almost always hear someone mention it when discussing sign up strategies. “What’s your 5/24 status?” is almost always the first question asked when someone asks for credit card recommendations.

If you haven’t heard of the 5/24 rule yet, you may be wondering what the big deal is.

Comparing Chase’s Ink Business Cards: Which One Is Right for You?

If we were to start handing out awards here at MileValue, we can officially declare Chase the winner of some of the most exciting updates in the credit card marketplace for September 2020. Between updating the welcome bonus on the Chase Sapphire Preferred to 80,000 points, and improving the Chase Freedom Unlimited and the introduction of the Chase Freedom Flex, Chase has been all over the news in the points and miles world as of late.

And guess what: they’re back in the news again.

Reconsideration Calls: When to Make Them & Current Phone Numbers

If you apply for a credit card and are not immediately approved, then in most circumstances you should call the bank to discuss your application.

Ask the agent if you could provide any more information about the application.