CONVERSATION STARTER:
Sort of inspired by a new post from Lucky on One Mile At A Time. He posted about the zillion cards he uses each month. The question is this:
Are we spreading ourselves thin and actually
hurting our earning potential by fanning out over many cards and currencies? Would it be better to give up, say, a 1 or 2 point premium per dollar and just focus on one thing, like MR or UR? In the long run, if all our spend is in one bucket, do we come out with more for less fees?
The best way to earn is by getting outsized bonuses. But what happens when there are no good bonuses left or every card issuer has made it so hard to get a good pot of miles on initial signup? Does a simple 1 (or 2) card strategy work best?
Lucky's post -
https://onemileatatime.com/credit-card-bonus-categories/