u/Latter-Ad-7705

I only have the US bank business checking account, not their personal checking account

Not sure if I can open a personal checking account with them in Massachusetts?

Thinking.. I should just leave 100 bucks in my US bank business checking account and keep it alive until at least I'm done w/ all of US bank's biz credit cards/getting their bonuses? Though even after then I kind of think... should maybe keep it open even after that since in the future they are also likely to release new credit cards with easy bonuses/long minimum spend time periods?

Been using Fidelity as my hub b/c money insta goes into SPAXX and I can sell for FDLXX (treasury only money market fund to save a tiny bit on tax). And I pay off my credit cards using money in fidelity

And been using wealthfront since my spouse has an account - makes it easy to transfer money between us

And then been using navy federal credit union for direct deposit since they have government shutdown loans and an internal score for their credit cards that can be improved by DD'ing with them.

And Varo bank ended its 5% savings account for DD so that's out

But uh.. hm.. M1 finance is kind of my main investing app. And it does have a cash account

And the more I park in M1 finance, the more I can withdraw without going under that 10k limit to avoid the fee

Can you pay off credit cards using your M1 finance cash account?

I don't travel much, just trying to get easy bonuses that don't require too much spending per month to hit the bonus

Cap One Venture Rewards - well since I don't travel I can't really use the 300 dollar credit

And I don't really know how to use the 75k bonus efficiently, I mean you'll lose alot of value if just cash them out for cash/statement credit right?

There is the cap one spark biz card w/ 750 bonus but I heard it reports to all three personal credit bureaus? true/false? A bit harsh if true--- but at least its 750 bucks

I mean do have their 1.5% cashback quicksilver card which... I guess is my default foreign travel card (rare as that is) since it has no foreign transaction fee (FTF) since I can't be bothered to apply to a 2% card with no FTF, 0.5% is not that much more

The business version of the triple cash card

Just thinking this through

Hopefully I never need to go below 10k

But I am wondering how the mechanics would actually play out

Right? I mean I did consider just sticking to wealthfront for the TLH but it seems like wont tax time be a mess/some TLH just won't work when considering I need to factor in my spouse's trades/assets also? (even though they are small)

Which has been causing me to go to M1 finance for slightly lower fees (and I guess flexibility to try out new strategies, ex: all weather portfolio variants for medium term ish money, etc) even though I am slightly sad M1 can't do automated TLH

Though M1 finance requires a 10k minimum meaning if shit hits the fan I would need to... sell/empty the account (cause taxable events) and close it and then re open later. Which is a hassle but I think it's worth it?

So we're kind of just using wealthfront for our cash accounts and transferring cash between us (w/ a joint account.. better methods out there? Don't think fidelity has a user friendly way to easily swap money between spouses?)

Unless my spouse all on board with going 100% wealthfront for both our taxable accounts... the TLH just won't work out?

Just looking for easy bonuses with long MSR time periods and/or not too high spend requirements for the bonus. Not really thinking about long term % cashback

Got the US bank biz triple cash bonus around April - May ish

It looks like US bank removed their 60k point bonus no annual fee biz credit card

Eyeing these two:

1. U.S. Bank Business Altitude® Connect - business version of the connect has 75k bonus and 95 annual fee.

a) Feel like it would be good to cancel it (no downgrade option? can I... downgrade it to get a second triple cash biz?) at the 1 year + 1 week mark after paying the first annual fee? Better strategies?

2. US Bank seems to have replaced their old 60k bonus card with U.S. Bank Business Essentials (500 dollar bonus for spending 5000 in 150 days, 2% card).

Not as good as their old 60k card but... it still beats other bank credit cards because you have 150 days instead of 90 days to spend 5000. Let's see 150 days is.. 5 months ish -> 1000 dollar per month of spend is still pretty easy to hit

b) What are your experiences with US bank like? Anything else I should know?

The fact I can easily organically hit US bank's bonuses is the main draw for me. The only other easy bonus I see is the PNC business cash rewards card (400 for spending 3000 in 3 billing cycles) but it's a smaller bonus.

c) Any other business cards I should be eyeing? I think after these, the other biz cards with other banks require at least 5000 of spend in 3 months for 500 dollars which... I think I can do (water bill, electricity bill, groceries, etc) but it's not as clear cut to me

How do you like to use the card for everyday purchases? Of the uh less than business variety

Looks like 5% lyft- does it make it competitive with uber?

The 5% office supply thing... anyone had success buying a bunch of Amazon, Target, Home Depot etc gift cards? Worth the effort or not really?

200 dollars * 5 percent.. so you get 10 bucks? Versus if you used bofa's 3% online card you would get... 6 bucks?

So you net 4 bucks per 200 dollars spend above what you would have gotten otherwise assuming you already have bofa's card?

Let's see so if you buy a 1000 dollar laptop... so get 20 more bucks than otherwise if you're willing to go through the hassle of buying five 200 dollar gift cards..

Am I overlooking anything else?

I mean its a better downgrade option for my chase ink business cash than the 1.5% card I feel since I already have capital one 1.5% card and an AMEX business 2% card

But it might just end up being my card for Lyft and not much else?

Or does it insta shut down when you cancel?

Ex: to Singapore

But uh how much do they in Singapore really accept credit cards ? Not much in the hawker centers / eating halls

The MSR time periods- well you can get a card or two right before you go

But then once you're in the other country what cards/banks are good about helping to send the card to your new foreign address?

Got the CSP and Citi Strata Premier, got two Chase ink business bonuses, got the US bank triple cash bonus

Wondering what might be good to get next

5% on groceries or gas still looks nice

But how do you like to use the points? Didn't paypal make some changes so you can't just cash them out into your paypal checking account anymore?

.. let you do this still or not?

Heard rumors some months ago the citi custom cash was going the way of the dodo bird

And it seems to be gone from the citi credit card page

But... will the citi custom cash be around as a card downgrade option?

If not then is my best downgrade option the citi double cash 2% card? Might be better than my current amex business 2% card since it would be a mastercard/more flexible? Any better downgrade option?

Was looking into citi's aadvantage mileage no annual fee card but it doesn't seem to have any checked bag benefit or anything so seems worse than the 2% card as a downgrade option

I've just been... giving up and using bofa's 3% category for gas when the gemini card fails (most gas stations it works fine for me)

Though I'd prefer to just figure out how to get the gemini card to work at all gas stations so I can swap that bofa card category to something that's not gas

Putting it into the gas station's app seems to help make things go smoothly

Just wondering if I'm overlooking something/ forgetting to try something obvious?

I'm assuming by 'high limit', is that.... around 25k max for a NFCU card in your experience?

I guess the thing is... although a high limit might be good for your utilization/credit score, does that benefit just outweigh getting a much bigger signup bonus by gettin a different card? Also does NFCU tend to give higher credit limits than AMEX in your experience?

Backstory:

>!Have been doing direct deposit with navy federal credit union for their gov shutdown loan and also the hope of a getting a bit fat credit limit when I eventually apply for the navy federal flagship card. But the rumor is that flagship card is eventually doing away with the amazon prime coverage. So it seems like that 49 dollar annual fee for the navy flagship card might not be worth it for me anymore. That leaves the NFCU 250 bonus card 2% card (if they approve you for the better version) no annual fee cash rewards card- which in the realm of personal credit cards cards is pretty decent. But I do have an amex business 2% card so it's a bit redundant in my setup. And... I could just go for a business credit card instead to go for a fatter bonus, there's a few 700+ dollar bonus business cards or 400 dollar bonus cards. I guess navy federal has a biz card but it doesn't seem to have a bonus. !<

This thread above said "No credit check required" https://www.reddit.com/r/fednews/comments/1nqmqil/pay_during_shutdownresources_for_you/

But then this thread says

https://www.reddit.com/r/MilitaryFinance/comments/1o4wx1y/why_would_you_not_take_the_government_shutdown/

'Because is getting a hard credit inquiry on your record ... '

----

Huh? So which one was it last time? No credit check required or was there a hard pull? Kinda confused

Any anecdotes? What was your experience?

Was thinking about whether to keep my direct deposit with navy federal or not based on the navy flagship credit card rumors about amazon prime. But then I remembered this other perk and am not sure. I mean.. I guess depends how screwed/how much in savings someone has on whether this matters but just curious

Right now thinking of direct depositing Fidelity (to use as my hub account)

Maybe cinefi savings for its high APY

Not sure? Any good places to park your direct deposit? Not doing any bank bonus hunting now

Does... venmo give you something for direct depositing with them? I thought they used to give you 5% on amazon for direct depositing into their debit card/stash but I can't find that on the app anymroe

Assuming you have / have had it with navy federal in the past

Where is... a good place to park your direct deposit? I was thinking idk is there something better than just dumping it into fidelity (for convenience/to use as a hub account)?

Was originally planning on using the direct deposit to do relationship building with navy federal but I don't see the point anymore since they won't have any cards I'll be interested in

Well we'll see, I mean if the navy federal flagship card ends up having no annual or fee something down the line, I might be interested in it