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12/12/2000

I am a heavy charger of between 20-30k each month. Currently I use the MBNA Ramada card which just started a yearly cap of 60 k I believe.This card buys my expensive airline tickets with points accumulated. They give a round trip ticket for the equivalent of 30k in purchases and they are very nice to deal with. MBNA also has a long lee time after you get the bill to pay. I also use the Quicken Visa (Citibank just bought out Travelers bank). They send you a $100 off coupon for $8k in purchases. This is great for cheaper fares. I believe they also have a yearly cap of 60k. Does anyone know of a similar card that doesn't have a cap???

If they got rid of the First USA 2%, I wonder about any potential future plans for the GE Rewards which is also owned by First USA.

Dell, Sony, Gateway all have 1% cards. Click Eye On Credit link at top right of page

The comment about $10,000 in travlers checks being purchased is about the IRS money laundering regulations. EVERY transaction of $10,000 or more is tracked by the IRS. Most transactions of $3,000 are tracked by local banks. This has no great importance on buying the travelers checks as long as you keep good records and remain straight. The Pricipal VISA is a good deal. I just received my first quarterly deposit of significant hundreds of dollars with no hitch or problems. Expect to clear $1,000 plus a year with this card.

Hi! I found a way to receive cash advances and have the transaction charged as merchandise. The limit for me is $1000/day and it costs me $5 in fees for that $1000. The amount you can charge each day will vary depending on how you setup the deal. You can use any CC that has a sufficient line of credit! Furthermore it's all leagl and above board. This is a sweet deal, I'm currently using it with my MBNA Carnival Cruise Mastercard. In 20 days, and for only $100 outlay, I'll have $800 credit to apply towards my cruise in February! Wouldn't $1000 of daily rewards be nice for your rewards program of choice? I thought so.

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