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The Three Classifications of Credit Cards

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This is the second installment of the series "Getting Started With Hotel Points and Airline Miles.  In general there are three types of credit cards that you should apply for. The first type of card that I routinely apply for is for the sign up bonus itself.  The best of these types of cards will generally be offering a value of between $500-$1000 in sign up incentives.  The incentives may be in the form of airline miles, hotel points, free hotel nights, or cash to be used toward travel. This class of card is to be used until the minimum spend requirement is met.  After you have met the minimum spend, you will hold that card until just before the annual fee is due. At that point you will either cancel the card, or trade the card for a no fee version with the same issuing bank.  Maintaining the account can help your credit score as it increases the average length of your credit accounts. There are many cards out there that you can cancel, wait a spec...
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Your Prescription For Free Travel - Part 1

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Your Prescription for Free Travel By The Points Doctor™   .  A little over a year ago I “Stumbled Upon” ( www.stumbleupon.com ) a travel blog written by a 20-something who was traveling the world with little or no money.   How was this kid able to take these fabulous vacations, multiple weeks a year, which could cost $10,000 or more each? What was his secret? How was it possible for him (or anyone for that matter), to fly first class to some of the world’s finest resorts, in some of the most exotic locations, and do it for a small fraction of the cost? By adopting his strategy, so far in 2012 my wife and I have spent a week in St. Thomas in a 2 BDRM suite, a week in Aruba with our adult children, a Father/Son baseball trip to St. Louis for the weekend, yet another trip with my wife to Aruba for two weeks, a weekend in NYC at the Waldorf Astoria, and an upcoming week in a beachfront suite at the St. Regis in...
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