A few months ago, I finally signed up for the Barclaycard Arrival PlusTM World Elite MasterCard. Phew, that’s a mouthful!
Anyway, my original plan for churning this card was to purchase our airfare to Europe, which would have almost brought me up to the $3,000 in 90 days spending requirement, in order to earn the 40,000 bonus miles.
Unfortunately, things didn’t pan out the way that I’d hoped. Before the card arrived in the mail, we saw a great price on airfare that we simply couldn’t pass up. We went ahead and purchased the tickets on a different card. I had to come up with a new plan for meeting the credit card spending requirements on the Barclaycard.
This wasn’t really easy for us, because we don’t spend much, in general. Our monthly spending averages around $800 total, so even if we put every last thing on the card, we still would not hit $3,000. So here’s how we ended up meeting the spending requirements so that we could take advantage of the bonus miles:
Enlist the Help of Family
My sister had a few big expenses in the last few weeks, and she kindly allowed us to pay for them on our card. We paid for a moving truck rental, gas for her car, and her 6 month car insurance bill, among other things. Overall, she helped us to reach about $900. She simply wrote us a check for these things, and then we deposited it and made the payment on the card right away.
If you know that you probably can’t hit the limit on your own, ask your family and trusted friends if you can put their big purchases on the card. As long as you can trust them to write you a check or give you the cash right away, it’s a great option. Now my sister is planning on signing up for her own rewards card!
Electronics are one of those big-ticket items that you may have been thinking about buying. What better time to do it then when you need to hit a spending requirement? Since my old laptop finally quit on me, I knew that I would have to get one soon. My husband has been sharing his with me, but it’s not the most convenient thing to do.
I decided to buy one when HP was having a 4th of July sale. As a freelance writer, I can’t run my business without a reliable laptop. I settled on an HP Envy, and the total came in at just under $700. There was another nice chunk of change that I actually needed to spend.
Pay for Insurance
As I mentioned above, my sister made a 6 month car insurance payment with our card. We also need to make another 6 month payment before we leave for our trip, and it’s going to come in at around $600. If you can swing it, it’s usually better to pay 6 months at a time. This way, you get a small discount, and it’s one less bill that you have to remember to pay each month.
This is pretty straight forward. We paid for all of our groceries with the Barclaycard, so there was another few hundred dollars spent on necessities.
Shop for Gifts
Since we want to bring Christmas gifts with us to Europe for our family, I did most of my Christmas shopping last week. I just about finished up my daughter while I was at it, and we got things for each of our relatives in Bulgaria. This is great because now I won’t have to worry about it come November/December, and I got bonus miles on the Barclaycard. Win-Win in my book!
Of course, you should not be churning credit cards, no matter how good the rewards are, if you can’t afford to pay off the balance. I took a gamble on this card because we generally don’t spend a lot of money. $3,000 in 90 days wasn’t easy to do on our own, so we would not have been able to hit that requirement without help. However, I did end up purchasing things that were necessary, and we will be paying it off without paying any interest. I’m planning on hanging on to the rewards miles for a few months, and perhaps planning a trip to Las Vegas with the husband for our 5 year anniversary.
Do you have a plan for churning credit cards? Have you ever asked family to help you meet spending requirements?