I’m almost finished with meeting the spending requirement for the last credit card we were approved for, so that means it’s time to find and apply for a new card. As always, you should not be bothering with this if you have credit card debt. If that’s the case, your main goal should be to pay off the debt and increase your credit score, and THEN you can start applying for credit cards.
When applying for credit cards, it’s important to know the rules that you’ll need to follow for each bank when applying for a credit card, because they’re all different. Knowing these rules will allow you to continue to get approved for cards and collect the bonuses that will add to your balances. That, in turn, will allow you to meet your travel goals.
I’m going to stick to the “major” banks that issue reward cards (American Express, Citibank, and Chase and Barclays) because they are the ones you’ll be dealing with most of the time.
Continue reading “The Confusing Rules When Applying For Reward Credit Cards”
