Imagine this problem: You have so many new credit card approvals for free miles that you can’t keep up with the minimum spends. That is where we find ourselves right now.
To start we each did the Chase Business Checking account with 25,000 Continental miles. We opened the accounts with $565 each ($65 for the debit card) and are burning through that chunk of change already spent.
We followed up with a personal SPG card for me and a business SPG card for both of us. That totals $3000 more in spend to get the bonuses.
And we each just picked up the Chase Sapphire Preferred card for 25,000 points which we personally will convert into CO miles to finish off our first class tickets to Hawaii in January. That is another $6000 in minimum spend at $3K each.
Thank goodness the Hilton Surpass card we are getting for Katybug gives 40,000 Honors points on first purchase without a minimum spend there. That will get us Hhonors Gold for one more year.
I’m looking at $10,000 of credit card spend to collect all these big bonuses and we just don’t spend that much. I definitely going to have to go back to the Mint for a few thousand coins with our SPG cards to make this happen in time. Maybe I can prepay my condo dues or something??
And, we are still awaiting word on the Citi AA cards at 75K in points each and a minimum spend there as well.
Yep, High Class Problems.
IHG® Rewards Club Select Credit Card
- Annual Fee: $49 fee waived for the first year
- Foreign Fees: No
- Card Type: Hotel
The IHG Rewards Club Visa is often cited as one of the most underrated hotel credit cards, with good reason. The official offer is for 70,000 points after $1,000 spent within three months, with the first year’s fee waived. The card comes with an annual free night certificate that can be used at any IHG property, including Intercontinental hotels - making this certificate worth upwards of 50,000 points. This is far more generous than some other hotel cards, which limit the categories in which free night certificates can be redeemed.
Cardholders earn 5 points per dollar at IHG hotels; 2 points per dollar at gas stations, grocery stores, and restaurants; 1 point per dollar everywhere else. Moreover, you’ll get a 10% rebate on award redemptions, up to 100,000 points per year. The card also comes with Platinum status, though that doesn’t get you much with IHG. Still, this is a fantastic card to have in your wallet, with benefits that far outweigh the already low $49 annual fee.
- Earn 70,000 bonus points after you spend $1,000 in the first 3 months of account opening
- Enjoy a free night of card membership at over 4,700 hotels worldwide
- Earn 5 points for each $1 spent at our hotels
- Earn 2 points per $1 spent on purchases at gas stations, grocery stores and restaurants
- Bonus points redeemable at hotels such as Intercontinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts and Holiday Inn®
- Automatic platinum elite status, as long as you remain a cardmember
- $0 introductory annual fee the first year, then $49