I only opened 2 new credit cards this year because I already have tons of points since travel has been limited the past 2 years. They were both business cards. I like business cards because your balance doesn’t show on your credit report, and they often have better bonuses than personal cards. I am able to qualify for a business credit cards as a sole proprietor.
The first card I applied for was the Chase Ink Cash Card. The requirement was to spend $7500 within 3 months to earn 75,000 bonus points. It comes with no annual fee which is great. This card also comes with 0% APR for the first 12 months which is nice if you need to make a major purchase that you want to pay off over time.
I like having chase points because I can easily use them to stay at any Hyatt hotel, fly Southwest or United, or book American Airlines flights through the British Airways partner. This card easily gives me $1500+ worth of travel.
The second card I applied for was the American Express Business Platinum card. The offer was to spend $15,000 within 3 months to earn 150,000 bonus points. It had a big spend requirement, but luckily, I was able to add my sister as an authorized user. She had just purchased a house which came with a lot of renovation expenses. She used the card to pay for the expenses and then gave me the cash to pay off the card.
It does come with a hefty fee of $595/year. However, the card comes with a lot of benefits that offset this fee. It comes with a $200/year flight credit; $400/year Dell credit; $100 TSA/Global Entry credit; $179 CLEAR credit; $10/month phone bill credit. These credits alone more than cover the cost of the annual fee. Not to mention it comes with a lounge pass and you have the benefit of using the card to enter the AMEX Centurion lounges at certain airports.
As someone who travels a lot, I appreciate the perks of this card. The large bonus offer was also beneficial. I can easily use these points to fly on Delta, Jetblue, and business class internationally. I can also transfer to Hilton or Marriott but I wouldn’t recommend that (the value is low). The bonus points offer I got from this card is worth at least $6,000.
I’ll link the two cards below in case you are interested in them.
Chase Ink Cash Card: https://www.referyourchasecard.com/21a/G6457Y9QQB
AMEX Business Platinum Card (offer has been decreased to 120k points): https://www.americanexpress.com/en-us/credit-cards/referral/prospect/business/A259D79B78A0FF210E4F391EDB88F0D6551F2855F36731AE2B8CE5C04CB3167AF500F554ADB5F49015B833D118F3F6F573F501BE36D9728184AA8BDBBF9BF07C0485D8BE7B870AE6A4B697F762C8FA41BEA42553B29591751B20BD4F76026AF8E035DAA82B26E0F92B3E1D4B97BCC70D8CFB648C3991689B5D0279806A96AA154B5CE0CA2F089EAA00E24D5D376D9405173BC0BB717BE334D33BFEAB91F95F02?CORID=S~O~P~H~I~K~L~c~l~2~5-1638495994849-1758008011&CPID=201329&GENCODE=349992468910932&extlink=US-MGM-SPA_WEB_MYCA-copypaste-1110-201329-GDHH%3A0005-1110-GDHH%3A0007
