Suggestions to help lower interview travel costs.

[Faux]

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Members do not see this ad.

Credits cards when used wisely, can be a person's best friend.

https://creditcards.chase.com/a1/marriottpremier/focv1/?CELL=67K4&SPID=F8PC
0 annual fee for the first year. You can cancel before it hits!

Be sure to click "See all hotel category redemption options" to see all your options. Chances are, you're going to spend at least 1k on application fees. Marriot hotels are pretty popular and there likely near by the college you will be interviewing at.

http://www.nerdwallet.com/card-details/card-name/Chase-Sapphire-Preferred

Earn 40,000 bonus points after you spend $3,000 in the first 3 months. You can simply deposit $400 into your bank account or use the points towards air fair and get a better value in return. 0 annual fee for the first year.


http://www.nerdwallet.com/blog/top-credit-cards/best-credit-card-offers/

Its going to be an expensive cycle, use it to your advantage!

 

[Ferneezy]

I'm an advocate for smart, targeted credit card usage, and I didn't read any of those links...but I disagree with closing a card before an annual fee hits. Typically it's best to keep accounts open and active as long as possible.

 

[Daneosaurus]

Do not open credit just to close them. That is a horrible use of credit cards and a great way to get your FICO score to tank.

 

[Faux]

I'm an advocate for smart, targeted credit card usage, and I didn't read any of those links...but I disagree with closing a card before an annual fee hits. Typically it's best to keep accounts open and active as long as possible.

Do not open credit just to close them. That is a horrible use of credit cards and a great way to get your FICO score to tank.

Depends on how many credit cards you have ,your length of history and the amount of debt you have when you cancel the card. If you have no debt when you close the card, your credit utilization is still 0% and you will not receive a fico drop. This is why people usually get the drop when they cancel it, the card is no longer an active trade line and the average american has credit debt.The year of history you have on the card should also stay on your credit report for at least 10 years.

So its not usually black and white. Everyone's situation is different and not everyone might be willing to pay an annual fee, especially when they have more useful cards such as discover/freedom/blue cash. A canceled card is a drop in a bucket compared to the student loan payment history and the multiple trade lines we have and will collect over the years.

 

[Ferneezy]

i used the word "typically"

it's the grammatical equivalent of crossing my fingers

 

[Mediumrare]

Walk to the interview... Start now! (JK). maybe try to group interviews together in the same area, ie- if you have a tufts and BU interview, see if you can do one on Friday and the other on Monday to save airfare?

 

[distressstudent]

bump. anyone got any tips for flights?