Credit card bonuses coming back

by Rocket Finance

A year ago, Mrs. Rocket and I made almost $2,000 just from credit card bonuses alone. This year, the bonuses have been a little thin . . . I guess maybe we contributed to cc companies becoming a bit more stingy with free money from credit cards. Anyway, if you have a good credit score and can handle a few hits, there are two relatively large cc bonuses still available:

If you have to travel and want to offset the cost of gas prices, you can reduce the cost of your lodging with the Starwood Preferred Guest Card. You will earn 10,000 bonus points after your first purchase. These points can be redeemed for up to three hotel stays. You can also earn and additional 15,000 points if you spend $15,000 in the first six months that you are a card holder.(Offer Update: Earn up to 25,000 Starpoints – enough for up to 6 free nights at a category 1 or 2 hotel) Remember that these are bonus points, so you will earn points for the money that you spend and earn the bonus points. I will never spend $15,000 in six months with a credit card, but this could be the right card for your. Be sure to read the fine print to make sure that you will will come out ahead if you apply for this card. If you think it is the right fit, apply here. You might also be interested in the Starwood Preferred Guest Business Credit Card. (offer expired)

Another business card, the Discover Business Card is offering a $100 cash back bonus if you apply for their card. This card also comes with a 0% for 12 months introductory offer. The bonus, the APR plus the great Discover cash back program make this a pretty enticing deal.

I don’t own either of these cards since I am satisfied with my Chase Freedom Card and Miles by Discover at the moment. A year ago, both of the above cards would have been on my list. Remember that anyone can apply for a business card and just about any business venture – even a hobby that brings in a little cash – can help you qualify for a business card. Your business should be a sole proprietorship and use your social security number as your Employer Identification Number. I have the American Express Business Gold Card, but I will be canceling it this week because of the high annual fee that was waived for the first year, but will soon come due for the second year.

Let me know if you are considering any type of credit card, I enjoy helping people find the right card for them. Always remember to only use your card for budgeted expenses and pay off your balance every week.

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