Looking for Credit Card Recommendations for Big Upcoming Spend

Card Recommendation Request Forum
1

I need to put $20,000 to $30,000 on my credit cards (about $7,000 to $10,000 each month) from now until the end of the year, and likely longer. This spending isn’t on travel or anything that will earn more than 1x rewards with any card categories. I want to maximize my cash back rewards. I’m looking for cards with big intro offers for large spending in the first few months, along with a reasonable annual fee because the cash back and intro rewards should offset the fee. I don’t care much about other perks like monthly statement credits.

I won’t be carrying a balance, so interest rates don’t matter to me.

Here’s some info:

  • The only two cards I use are the Chase Sapphire Preferred (since late 2018) and the Chase Amazon Prime card (since mid-2020). I also have a Capital One starter card from 2016 that I don’t use and is locked. No new cards since 2020.
  • My FICO score is 770.
  • My oldest account is 8 years old.
  • I’m at 0/24 with Chase.
  • My average monthly spending is:
    • $1,000 on food
    • The upcoming $7,000 to $10,000 per month is not in any card categories.

I’m not very familiar with business cards. I don’t have a registered business, but that $20,000 to $30,000 spend is mostly for sole proprietor work expenses, so I’m not sure if I can qualify for a business card. I’m open to getting one if it offers the best deal without needing a registered business. I’m looking for one card for now but open to two if the offers are really good.

All I care about is cash back in the form of statement credits and intro offers to maximize cash back. I have no travel plans anytime soon.

Category spending is okay but probably won’t help me much.

Thanks for any feedback!

2

Look for a 2% catch-all card since your spending is uncategorized. You could also wait for US Bank Smartly and deposit $100,000 to get 4% cash back.

Or consider Robinhood, but that’s not highly recommended.

3

Chase business cards could work. They offer higher spending limits and good sign-up bonuses.

4

BookwormBard said:
Chase business cards could work. They offer higher spending limits and good sign-up bonuses.

Yes, I’ve been looking at some cards with 80,000-point intro bonuses.

5

@Darian
Chase Ink Preferred offers a 90,000-point bonus with $6,000 spend, and there’s no annual fee.

You can merge your points with your CSP.

6

Consider the Chase Ink Unlimited business card. Apply as a sole proprietor since that fits your business nature. You’ll get $900 cash back after spending $6,000 in 3 months, and 1.5x Chase UR on every purchase.

7

I’d stay away from Citi since they give low credit limits. Have you considered business cards? Some offer great sign-up bonuses for spending a lot in a short time and have good flat cash back rates.

8

Frey said:
I’d stay away from Citi since they give low credit limits. Have you considered business cards? Some offer great sign-up bonuses for spending a lot in a short time and have good flat cash back rates.

I’ve just started looking into business cards. Right now, my work is sole proprietor, so it would mostly be for business expenses, but if things go well, I might form an LLC and then definitely get a business card. I’m not sure about the rules for getting one and whether companies would let me apply in my name.

9

@Darian
You can get one personally and just state you work for yourself.

10

@Darian
You can apply as a sole proprietor. There’s plenty of info in the wiki and this sub!

11

You know the best advice here: sign-up bonuses (SUBs) offer the best return. You’re a bit vague about your spending, so I can’t give more specific advice. Make sure to explore options beyond just credit card rewards. If you’re shopping online, you might want to check cashbackmonitor.com to see if you can earn cash back through a shopping portal. If your sole proprietor work is related to construction, for example, could linking your card to Rakuten get you 1% back at Lowe’s? The consumer economy today often revolves around finding discounts, so don’t limit yourself to just credit cards.

12

Consider the Altitude Reserve if you’re making a lot of mobile payments. 4.5% cash back across the board is nice.

Otherwise, the Inks are a solid choice.

13

I think you should get all four Chase Ink business cards as a sole proprietor. After getting all four sign-up bonuses, use the Ink Business Unlimited or Ink Business Premier card depending on whether you prefer cash back or UR points. If cash back is your thing, go for the Ink Business Premier card once you’ve used up the sign-up bonuses.

14

If you want to stay 100% with Chase and don’t mind a slightly smaller multiplier, consider:

  1. Converting your Chase Sapphire Preferred to Freedom Unlimited.
  2. Re-enrolling for Chase Sapphire Preferred or Reserve.

Benefits:
The Sapphire card allows your points to transfer. You can also move credit limits between cards (i.e., raise one and lower another).

15

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