I really like Turkish airlines as a transfer partner for capital one. 30k one way to Istanbul from pretty much anywhere in the US. Also 7.5k points to Hawaii one way!
@@a-gappower1574 it used to be consistent, but I just checked 8 dates and couldn’t find anything from sfo to Maui, so maybe just one off and you might need to spend 5 minutes a day looking for different optoons
I think the Venture X Business reports to personal credit, but since it is a charge card, it will not affect utilization ratio, but will impact average age of accounts.
Weren’t Southwest miles were devalued from 1.4cpp to 1.3cpp? I may go for the companion pass at the end of this year (finish SUBs in Jan of 2025). I’m still working on my 2024 roadmap.
How are many of you guys/gals meeting the minimum spend? I do a little side hustles of grant writing, essays, contracts and what not. Have a sole prop, but since most of my productivity is digital, I cant see how i can meet a business card spend requirement. Any suggestions is welcomed
I think the idea is putting personal spend for SUB (but not for tax purposes). It technically violates TOS but its a unlikely you will get caught. Maybe someone can confirm/deny this
I have a web design/development business, and most of my expenses are software and online services. I resell some stuff like web hosting, and although it's not super profitable for me, it allows me to increase my expenses for credit card spend. I switched my subscriptions from monthly to annual to help hit my SUB for the Ink Preferred. Also bought some new hardware that I've been putting off (laptop, monitor, SSDs) and prepaid my domain registrar to cover my renewals for a year or so. It wasn't that easy for me, but I was able to do it with things I planned to buy anyway. Look at when your biggest expenses fall during the year. I had a bunch of them renewing in late November, because I originally purchased them from Black Friday / Cyber Monday deals. I waited to apply until my 3-month SUB window would cover that period. I don't know your industry, but maybe there are some services or products you can resell to your clients. If there's anything you can get bulk discounts for, maybe you can even save your clients some money while still profiting yourself. I'd especially look into what the card you're considering has good multipliers for. The Ink Preferred has good multipliers for certain ad spend and travel, for example. So, ad spend for yourself and/or for clients, traveling to conferences or to meet clients, etc. From what I've been seeing, it seems like most people have been getting away with violating the TOS and putting personal spend on business cards. I haven't actually researched this, but I don't see people posting about getting in trouble for it. It seems like the risk is pretty small, but I still don't want to risk my points. My personal rule is that I only use business cards for purchases that I'm filing as business expenses. I have personal cards I'm using for SUBs and minimum spend, so I don't feel like I'm missing out on much by playing it safe. Just speculation, but I would guess that taxes are less likely to get flagged, because businesses do pay taxes to the IRS. The card issuer might not make the connection that you're a sole prop. Maybe rent wouldn't get flagged, because that could be office space. Insurance and utilities could easily be for a business purpose too. But I'd guess that things like groceries are more likely to get flagged, since they're less likely to have a legitimate business reason for. And there are personal cards that give you better multipliers on groceries, so you'd be giving up some value if you do that.
🐄 working on a 3rd amex business gold only 70k for $10k spend but with big expenses coming and the new annual fee about to hit i just went with it. don't always get the NLL ones.
💳 Sebby's Business Card Picks: www.asksebby.com/business
No love for the Alaska airlines business card?
I really like Turkish airlines as a transfer partner for capital one. 30k one way to Istanbul from pretty much anywhere in the US. Also 7.5k points to Hawaii one way!
Nice!!
Is that for business class?
@@Yourpolice69 Economy.
How consistent is that Hawaii deal? Once in a blue moon, or pretty reliable??
@@a-gappower1574 it used to be consistent, but I just checked 8 dates and couldn’t find anything from sfo to Maui, so maybe just one off and you might need to spend 5 minutes a day looking for different optoons
🐄 Love the calculators on the site. Next card goes through your links (Plan on the Venture X this summer.)
Thank you! :)
I think the Venture X Business reports to personal credit, but since it is a charge card, it will not affect utilization ratio, but will impact average age of accounts.
No it doesn’t
Typo at 3:40
$1250 should be $1500 on bottom
I didn’t think that you could hold both the VX Business and Spark Card. I was thinking of canceling my Spark card so I could apply.
That C1 offer is so juicy but there’s no way I’m getting approved - or any C1 card in the next 13 months
And the Hyatt too
$80,000 is a lot on SUB on new cards
Does VX business come with primary auto coverage ? Does it also have hertz president's circle like the regular VX (at least until 12/2024) ?
Weren’t Southwest miles were devalued from 1.4cpp to 1.3cpp? I may go for the companion pass at the end of this year (finish SUBs in Jan of 2025). I’m still working on my 2024 roadmap.
Yep
How are many of you guys/gals meeting the minimum spend? I do a little side hustles of grant writing, essays, contracts and what not. Have a sole prop, but since most of my productivity is digital, I cant see how i can meet a business card spend requirement. Any suggestions is welcomed
I think the idea is putting personal spend for SUB (but not for tax purposes). It technically violates TOS but its a unlikely you will get caught. Maybe someone can confirm/deny this
Prepay taxes,insurance, and utilities
And rent, groceries
I have a web design/development business, and most of my expenses are software and online services. I resell some stuff like web hosting, and although it's not super profitable for me, it allows me to increase my expenses for credit card spend. I switched my subscriptions from monthly to annual to help hit my SUB for the Ink Preferred. Also bought some new hardware that I've been putting off (laptop, monitor, SSDs) and prepaid my domain registrar to cover my renewals for a year or so. It wasn't that easy for me, but I was able to do it with things I planned to buy anyway.
Look at when your biggest expenses fall during the year. I had a bunch of them renewing in late November, because I originally purchased them from Black Friday / Cyber Monday deals. I waited to apply until my 3-month SUB window would cover that period.
I don't know your industry, but maybe there are some services or products you can resell to your clients. If there's anything you can get bulk discounts for, maybe you can even save your clients some money while still profiting yourself. I'd especially look into what the card you're considering has good multipliers for. The Ink Preferred has good multipliers for certain ad spend and travel, for example. So, ad spend for yourself and/or for clients, traveling to conferences or to meet clients, etc.
From what I've been seeing, it seems like most people have been getting away with violating the TOS and putting personal spend on business cards. I haven't actually researched this, but I don't see people posting about getting in trouble for it. It seems like the risk is pretty small, but I still don't want to risk my points. My personal rule is that I only use business cards for purchases that I'm filing as business expenses. I have personal cards I'm using for SUBs and minimum spend, so I don't feel like I'm missing out on much by playing it safe.
Just speculation, but I would guess that taxes are less likely to get flagged, because businesses do pay taxes to the IRS. The card issuer might not make the connection that you're a sole prop. Maybe rent wouldn't get flagged, because that could be office space. Insurance and utilities could easily be for a business purpose too. But I'd guess that things like groceries are more likely to get flagged, since they're less likely to have a legitimate business reason for. And there are personal cards that give you better multipliers on groceries, so you'd be giving up some value if you do that.
Dang... Just wrapped up the 30k spend bonus. 20k would've been nice
🐄 working on a 3rd amex business gold only 70k for $10k spend but with big expenses coming and the new annual fee about to hit i just went with it. don't always get the NLL ones.
Your second and third business gold didn't have lifetime language?
correct@@Yourpolice69
Currently working on the AmEx Business Gold 150K offer… 🐄
Ah damn, I could only get a link for 130k!!
🐮🐄 Hi Sebby! Thoughts on the public offer for Amex Business Platinum at 190K for 15K spend?
Solid offer!
I checked the public offer and it was 120k for 15k spend.
@@Yourpolice69Keep looking around, try different browsers, etc. For me the 190k only shows up when searching on my phone
🐄 Which of these cards hit your personal credit?
W Sebby 🐮
🐮🐄 thank you
🐄 still using my no fee Am Ex blue business
🐄
🐮🐄🐮
🐄
🐮🐄🐮
🐄
🐄