Madison MoneySports - Personal Finance Thread

[V1GiLaNtE]

All of our banking is through PNC right now. Currently holding a Capital One Venture which has been good for travel rewards. With the kid on the way we are scaling back traveling for the next year or so so we are switching to the Citi Double Cash card. No fee with a 2$ reward on everything (1% on purchase and 1% when you pay it off). We never carry a balance so we can take advantage of the full 2%.

Does keeping your Wells Fargo card just because you have had it for a long time really matter? Does that affect your credit report? I would think not.

I looked at PNC as they have a nice cash bonus for doing business with them. I checked and yea my Wells Fargo card has been open with them for 6 years. I just put my monthly Adobe Cloud subscription on it but never use it. I've considered churning the Venture card just to get the reward bonus. Super easy to do spending $3k in 3 months for basically $500 in travel. However, Chase has been my go to. I love everything about the Sapphire Preferred.


As for my credit usage I have $3k balance on my Chase, but always pay my cards off in full. My available credit is well north of $70k. In all honesty I would love to just cut WF out of my life entirely (Checking & CC).

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Navy Federal ($5 minimum balance for the last 4 years for access to loan rates)

I do all of my stuff through NFCU and if you have an account there I dont know why you are dicking around with anyone else.  Just consolidate your shit there and have one less thing to worry about in your life.  Done, easy.

Every time I've done a car loan or some other thing through another bank I've regretted it, the service aspect is always atrocious where with NFCU just walk into a branch and they bend over backwards to help you.

That good, huh?