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Opened a new CC, etc

January 29th, 2016 at 05:12 pm

Last night I decided to open a new credit card. What do I need with a new credit card? Nothing really, except for the spending bonus! The next few months promise to have lots of spending opportunities, so I figured it would be a good time to get a card.

Which one did I open? The Citi Premier Thank You card with a 50k points bonus after spending $3k in 3 months. This can translate into $625 travel cash (hotels/airplanes) or $500 towards your mortgage, student loan or gift cards.

Hello Honeymoon! Smile I don't know if you can just use part of the points towards one type, and the remainder towards something else or not. If so, then after we pay for hotels, etc, we can throw the remainder to the mortgage or student loan (whichever we have at that time.

I know that I probably shouldn't be opening any more credit cards since we're getting close to the time where we're going to be wanting to look at houses, but I figured there still was enough time to clear out some inquiries.

This afternoon I stopped at the rentals place and put a deposit down on the tables/linens/chairs.

I also made some more calls to catering places during lunch/break and came to the conclusion that using a local grocery store to cater may be the way to go.

I have a tentative appointment set with T, the catering person on Tuesday. (Could cancel due to weather. 8 inches predicted.)

I also have an appointment with the bed and breakfast owner to sign a contract for the b&b on Monday.

I didn't get my dress picked up today - the store closed at 5, and I got out of the rental store only a few minutes before five. Maybe next Friday?? Hopefully I'm not pressing my luck too much with alterations ...

I'm really enjoying the little shift in Mr FT's and I relationship since we got engaged. It's almost like there's an extra sense of relaxation on both our parts. Maybe a little more security? As in, we really are both in it for the long haul.

The survey assessment we took for the pre-marital class said we weren't supposed to discuss the questions with our partner. Mr FT took that to mean - not even after the survey was done (until the PMC sessions.) I took it to mean - not while taking the survey. Smile I wonder which one of us is right? Big Grin

We both marveled at how much the survey harped on student loan debt. About 12 out of 200 questions were related to it. No option for - never had any.

Am thinking of posting an ad on Craigslist for two people:

1. Someone to be in charge of the pizza/rootbeer floats Welcome dinner (setup, serving, cleanup.)


2. Someone to be in charge of the iPhone during the ceremony - so that the music gets started on time for the different things.

Am thinking for #1, maybe offer $40 (probably an 1 1/2.) For #2, offer $50 - for coming to rehearsal + ceremony, and then a $20 bonus if does a really good job.

I just am not sure how else to do the music - I'd hate to pull in someone from the few who are attending.
Am so glad for Friday.

13 Responses to “Opened a new CC, etc”

  1. ceejay74 Says:

    I have my eye on that Citi card. I saw it after I'd already applied for the Chase Sapphire, where we have to spend $4K and only get a bit more in rewards (an extra $50 if an authorized user makes at least one purchase, I believe). Once we're well on our way to spending up the ones I applied for, the Citi one would be on my list to apply for next.

  2. FrugalTexan75 Says:

    I think the 50K bonus is over right now. At least according to My Money Blog. Hopefully it'll come back soon.

  3. ThriftoRama Says:

    In my experience you can divvy up the points and use them on more than one thing. Hope it works out!

  4. FrugalTexan75 Says:

    Good to know! Smile

  5. creditcardfree Says:

    Yes, I went to apply for that card last night but the offer changed/expired! I decided to reevaluate this weekend!

  6. FrugalTexan75 Says:

    Darn it! I was going to post here about it, but forgot ad-midst other happenings.

  7. PatientSaver Says:

    yes, I did the Citi Premier TY card and since I didn't have any travel plans, I got the $500 in gift cards. Strangely, I have at least 5 partially used gift cards in my wallet from either credit card bonuses or my employer's wellness incentives through Cigna, but I haven't felt a strong desire to use them, simply because I don't feel I need anything. This too will pass, I'm sure.

  8. MonkeyMama Says:

    I don't know if student loan debt is that ubiquitous here, but we have really reasonable college options. I wouldn't be surprised if 99% of the people I know have a car loan, in contrast. I guess the student loan question is a sign of the times. But interesting that they didn't think to have a "N/A" option.

  9. FrugalTexan75 Says:

    PS - I have the feeling that once we purchase our house / move into it, we'd have no trouble at all finding ways to spend $500 in gift cards. Smile But my plan is to use part of it for the hotels/cabin for the honeymoon, and then the balance towards either Mr FTs student loan or our mortgage - whichever one we happen to have at the time. Most likely the student loans. In fact, that probably would be the best, because it wouldn't be taxable, like my education award money will be.

    MM - Even more interesting, there were NO questions about other types of debt. Credit card, medical, personal loans, etc. There were also no questions about attitudes towards debt. There were questions about whether you felt ok about partner's spending/saving level. For a 200 question assessment, I think they left a lot out that could have been there, just to have the "gotcha" questions (i.e. same question asked 3 different ways.) I'm really curious to see how the pastor is going to use this information in our first session.

  10. Joan.of.the.Arch Says:

    I like your idea to hire someone to do the music and serving.

  11. Ima saver Says:

    I think it is very smart to open new credit card for the bonus points or cash. I do it all the time, but I pay them off in full after I receive the bonus.

  12. VS_ozgirl Says:

    You are doing great things with your wedding planning! The idea of paying someone to do those small tasks is a good one too Smile

  13. FrugalTexan75 Says:

    Thanks Joan and VS Smile - I just think it would be a great stress reliever to not have to worry about getting a relative/guest to do the music for the ceremony. For the other things, we can do it ourselves easily enough. Smile
    Ima - Definitely will be paid off in full monthly! Big Grin

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