Million Mile Secrets reader Jason emails:
I have 1 Starwood Preferred Guest Business Card in my name and social security number for a sole proprietorship.
Would it be possible for me to get a 2nd Starwood Business Card for my LLC (separate Employer Identification Number), and still get the bonus? And would I be able to link it to the same Starwood Preferred Guest account or would it have to be a different account?
Will AMEX Let You Get a 2nd Business Card Using an EIN Instead of Your Social Security Number?
In my experience, American Express will NOT let folks get the same business card again, even if they apply using a different EIN. This is in contrast to Chase who usually lets folks get the business for different businesses.
But there are workarounds if Jason wants to get more than 1 of the same business card! I’ll explain.
The 20,000 point sign-up bonus (double the usual offer) for the Chase Freedom will end on December 17, 2014.
Chase Freedom is 1 of my favorite no annual fee cards because of the 5X Chase Ultimate Rewards point categories.
And because you can transfer your points to partner airlines and hotels when you have the Chase Sapphire Preferred, Ink Plus, or Ink Bold.
The Chase Freedom Is Great for Earning 5X Points on Rotating Categories Each Quarter
But should you rush to apply now?
For a limited time, Bank of America has increased the sign-up bonus on the Virgin Atlantic card to 70,000 miles. Plus, you’ll get 5,000 more miles for adding 2 authorized users to your account.
Even though it’s marketed as a 90,000 mile card, you’ll only get the last 15,000 miles on your card anniversary, and only if you spend a lot. So this is really a 75,000 mile offer!
And you’ll have to spend $12,000 in the 1st 6 months to get the full bonus. But there are lots of ways to do that!
You’ll Get up to 90,000 Miles With the Increased Virgin Atlantic Sign-Up Bonus
Is it worth meeting such a high minimum spending requirement for this card? Let’s find out.
Million Mile Secrets reader Bryce comments:
I’m wondering about eligibility to get sign-up bonuses again. If I had a credit card, used it, got the bonus, and canceled the card, is there a possibility to apply for the card again and get the sign-up bonus again?
If so is there a time period you have to wait to apply and get the bonus again?
This is 1 of the most common questions asked by Million Mile Secrets readers. If you’ve had a credit card in the past, can you re-apply and get the sign-up bonus a 2nd (or 3rd, or 4th…) time?
Thank You, Come Again! Which Cards Let You Get the Sign-Up Bonus More Than Once?
I wrote several years ago that getting the bonus again depends on the bank that issues the card. And that’s still true, but the rules have changed!
The US credit card market is saturated, so banks offer large sign-up bonuses to get you to apply for their cards. And they hope that you’ll use their cards even after getting the sign-up bonus!
If you collect American Express Membership Rewards points, check your account for targeted transfer bonus offers!
Until November 30, 2014, you could get a bonus of 33% to 50% when you transfer points to JetBlue, Virgin Atlantic, Starwood Preferred Guest, or Hilton.
But not everyone will get the same offers! You have to log-in to see if you’ve been targeted.
Check Your American Express Membership Rewards Account for Targeted Transfer Bonus Offers
I wrote about the 50% bonus Starwood Preferred Guest transfer (targeted to Platinum and Centurion cardholders) and the Virgin Atlantic 40% bonus. Let’s see if the other deals are worth it!