New Peloton Benefits Added to Chase Sapphire

We’ve seen a lot of usable benefits be added to credit cards during 2020.

5 Free Nights with the Marriott Bonvoy Boundless Card

Well, Chase surprised us again! And it was a good surprise too! First they came out with an overhaul of the Chase Freedom and Chase Freedom Unlimited cards and the addition of a brand new card, Chase Freedom Flex. Then Chase increased the welcome bonus on the Chase Sapphire Preferred Card to 80,000 points.

And finally (or maybe not finally, and more good changes are in the works), Chase changed the welcome bonus on the Marriott Bonvoy Boundless™ Credit Card.

Three Credit Cards I’ll Never Cancel

There are a few reasons I would never cancel a credit card. I wouldn't cancel a card:

With no annual fee. There's not much point, and eventually these old accounts will improve the average age of my credit accounts which will help my credit score. Plus presumably the card offers at least one benefit that has some value to me.
With a renewal bonus more valuable than the annual fee. Several cards offer bonus points or free hotel nights every year you pay the annual fee.

Citi ThankYou Premier vs. Chase Sapphire Preferred: Better Card?

In a comment on a previous post about a calculator to determine how many ThankYou Points you'll earn from using the Citi ThankYou Premier Card, DaveS asked:
I’ve previously used the Chase Sapphire Preferred card as my “keeper” fee card for travel and dining. [The ThankYou Premier] looks like it duplicates much of what the CSP does and adds some more category bonus possibilities.

Best Credit Card to Buy Airfare

Award taxes and airfare add up for everyone reading this blog, especially if you book yourself reimbursable tickets for work. What credit card should you use to pay the airfare and award taxes for your travel?

Credit card links have been removed from posts and added to the menu bar at the top of every page of MileValue under the heading Top Travel Credit Cards.
Bonus Spending
Many cards offer bonus points for “airfare” or “travel” purchases.

Economics of Churning: Who Pays for Those Credit Card Bonuses?

An interesting post on Reddit caught my eye called "The Economics of Churning: who pays for the rewards?"

("Churning" is the milesphere's term for opening cards, getting their bonuses, closing the cards, and repeating.)

While I don't agree with the post's conclusions about who pays for rewards, it does present a lot of interesting information for anyone who wants to understand the business of credit cards a little bit better.

Poster Buddy5000 writes:
I do have an undergraduate and graduate degree in business.

Top Five Credit Cards with No Annual Fee

One of the highlights of having a no annual fee card is that you can keep it without its value diminishing from expensive fees years on end. Aged accounts are helpful for building the length of your credit history and building a relationship with the bank of the card.

9 Limited Time Credit Card Offers You Don’t Want to Miss

Competition is stiff among big boy issuing banks at the moment. It has a lot to do with the Chase Sapphire Reserve card kicking ass, and everyone else just trying to keep their head above water.

How does this affect you? Amazing credit card sign up offers. Lots of them. Here are nine that are only going to be around for a limited time.

Best Order for Card Applications to Maximize Bonuses Over Your Lifetime

Updated 9/21/16 with consideration of Citi's new sign up bonus rule. 

If you're just getting into the miles hobby or coming back after a break, it's important to realize that there is an order in which to apply for credit cards that can help you maximize your award earning potential.

The Top 5 Business Credit Cards

Many people can get a small business credit card. Opening small business cards roughly doubles the number of amazing miles and points cards available to you.

Every small business credit card I’ve gotten I opened by putting my social security number as the tax ID, and by saying that my business is a sole proprietorship.