three credit cards we were looking at opening in order to start our massive mileage run. While we will never be extreme hackers that open dozens of cards across different networks, we saw benefit in opening a select few to help fund out future travel plans without being tied down to many new cards we never plan to use. Our goal for the year and a half that followed was to use these cards as much as possible on our everyday expenses in order to amass over 300,000 airline miles and >$750 in free cash to travel on. How are we doing with our goal? Well, as it stands right now we're almost at our target and haven't even finished opening half our accounts! (Photo "Mock Credit Card" by highwing)
What Cards Do We Have?
The three credit cards we were each looking at opening at the beginning of this project included the United MileagePlus Explorer card, the Capital One Venture Rewards Card, and the Chase Sapphire Rewards Card. As of this post, we currently have the following in our possession:
- Two (2) United MileagePlus Explorer Cards
- One (1) Chase Sapphire Rewards Card
- Zero (0) Capital One Venture Rewards Cards
We would have a fourth card as of publishing this post; however, we had a set back in that one of our applications for the Chase Sapphire card was denied due to "low income." We will be asking to be reconsidered here in the next few weeks upon the basis of looking at our combined income, which often has positive results, and are hoping for the best. We have not applied for the Capital One Venture Rewards Cards yet as we are hoping the "Double Miles Challenge" comes back this Spring as it has been available in recent years (and is the basis for us looking at the card which will be outlined below).
How Many Miles in One Year? 275,000
To accurately outline how many points we have in our collection, it is best to break this category up into three topics: Points from Spending, Sign-Up Rewards Points, and Miles from Flying. Only in separating the three will our current balance of 275,000 miles make sense.
- Points from Spending: 60,000 miles
- Sign-Up Rewards Points: 140,000 miles from Three (3) Credit Cards
- Miles from Flying: 75,000 miles
- Free Money to Travel: $0
What are we going to do with all of the miles and travel money we collect with our rewards cards? Well, you'll find out about that as the year progresses as we are hoping to leverage it to well over $30,000 in free travel!
Do you have a favorite travel credit card to run up miles with or have a success story like ours? Share it by commenting below! We may be open to looking at more cards, so if you have one you really like we'd love to hear about it!