The weeks since the Ann Arbor Fair Do a few weekends ago have been miles rich for me. A while back I used to ignore lucrative offers if they weren’t for my preferred frequent flyer program. The more I look at the offers out there, the more I diversify because it really is so easy to rack up miles. 25,000 miles here, 50,000 miles there, all for only a few bucks and a few hours of my time. Do that once or twice a year and you’re looking at a free international first or business class ticket. This is something that Frugal Travel Guy and Gary have mastered.
I’ve started churning credit cards (120,000 miles and counting), and today I signed up for a Chase checking account, for which I earn 25,000 miles once all is said and done.
Of course opening up a checking account was a 45 minute adventure at my local Chase branch. The “personal banker” could at best be described as a dud. “Hmm, you must like to travel. I’m the opposite, I’ve never left the country.” Then we started to talk about the debit card as such, and he told me that the merchant fees are lower on credit cards than debit cards. “Well the people at my nutrition store tell me to swipe it as credit, so it must be.” Yeah, right.
Anyway, all I had to do was open a checking account with a $100 deposit and get the Continental Chase debit card which comes with a $25 annual fee, and I’ll have to make five payments with the card without using my PIN. I’ll be back next week to open up a business account (which will be a sole proprietorship in my name) and will bring my dad so he can open a personal and business account as well. This can apparently be done once a year each for your personal and business accounts. So that’s 50,000 Continental miles a year just for that. Add a credit card or some transferred points and you’re looking at an award in no time.
If you want to open up a personal checking account with this offer you’ll want to use this link, and if you want to open a business checking account you’ll want to use this link. Seriously, this is a total no brainer.