Posted byon March 29, 2012
Previous article: « New 2nd Quarter 2012 5% Rotating Cash Rewards Credit Cards
Next article: TD Ameritrade $100+ IRA Bonus »
Remember last summer when I maximized credit card cash back for $885 using the Chase AARP card in one month?
Well, I outdid myself!
Just last month, we finished another run using a second Chase AARP card.
I beat my old record!
Here is a run down on what I paid last month to rake in the cash back and maximize the spending on our cash back credit card.
Final charges for last month: $23,500. Cash back: $1175
2nd Card. I know you want to know where the next card came from since we’d already run though ours. I showed my mom how much I made on our last 6 month run, and she was excited to try it out… and add me as an authorized user to join in the fun (Thanks Mom!). I even taught her how to pay her tax payments with the credit card; what a proud daughter moment!
Chase Closing Accounts. Apparently Chase is cracking down on people exploiting the Chase AARP card. However, in all the data points I reviewed, it looks like they were running much larger amounts through the card. We never saw any adverse action at this spending level.
O% Offer. The great part about running up the Chase AARP card in the final month of the offer, is that the 0% offer extends for another 6 months. Now I can carry that balance at 0% for another six months with no fees!
Now that my multiple Chase runs are over (unless I can convince my dad to give it a try, which is very unlikely since he doesn’t even like to use credit cards), it’s back to buying gift cards using the American Express 6% Cash Back Credit Card.
Have you attempted a second run on the Chase card?