Month: October 2015

The Difference Between Waived and Deferred Interest

This post is inspired by a friends’ recent request for advice.  A lot of the time, people see great offers for 0% APR.  We think,

Wowee, that’s great!  Now I can buy my [insert wonky overpriced consumer item here]!  It’ll be so cheap, since there’s no interest on the first year!

But wait, there’s more!

More interest, that is.  See, most of these offers are deferred interest, not waived interest.


First Impressions: Barclaycard Arrival+ World Mastercard

Application Process

The Barclaycard Arrival+ application process was the same as any other online credit card application.  I was approved instantly upon completion of the application for a $5,000 credit line.  Not bad I thought, but definitely not as high as a few other cards I’ve had.


Just one more!

It all started with one card.  Just one.

And I wasn’t even the primary holder, just an authorized user on a travel credit card.  You see, my girlfriend and I were planning a trip to Peru for the summer of 2015, so we got a Chase Sapphire Preferred card to rack up a few points on the purchases we’d be making.  $1200 in airfare is no joke.  If you’re paying for that without any way to get points, I feel bad for you.

I also hope to change your mind.


Discover it Credit Line Increase

I’ve had a Discover it card since August 2013.  It was my second card, after a $500 limit credit card from my local bank, but that was a long time ago, in a galaxy far, far away from my travel hacking life.

Anyway, when I first opened my it card, I was approved for a credit line of $2850.  I thought “Great!  Now I can put all my spending on here, and earn cash back for it!”  Well, this is exactly what happened, and my master plan worked great for a while.