2017 is still going strong with investments, credit card and bank bonuses.
INVESTMENTS:
From the $20k I started with in my WealthFront account [see “Investing Half My Annual Salary” post], I was at $21,205 first quarter. I was at $22,800 Q2 which means Finance Punk made another $1.6k in 3 months. I am currently at 23,360 making it $560 for Q3. It has been a great year for investing with gains of 14% so far. Let’s hope it continues.
CREDIT CARD SIGNUPS:
I took a break from credit cards Q2 because I was focused on bank accounts and rewards spend but I did get the following referral bonuses:
20k UR
20K Delta
40K Hilton
20K SPG
Q3 Cards:
U.S. Bank Altitude Reserve – 40K Points and $325 travel credit
Wells Fargo World Propel – 40K Points and $100 airline credit
Marriott Business Card – 80K Marriott Points
Merrill+ Visa Card – 50K points
BANK ACCOUNTS:
Q2 bank accounts:
BMO Harris – $200 x 2
U.S. Bank – $200 x 2
M&T Bank – $150 x 8
Q3 bank accounts:
Bank of America Checking – $100
Schwab – $100
Total: $2,200
REWARDS ACCUMULATED FROM SPEND:
I withdrew just around $80,000 from my business and personal bank accounts these 2 quarters.
Total spend: $13k/month
~$11K a month on cash equivalents and ~$2k/month on actual expenses.
I had a few spend bonuses on cards this quarter 2:
- 5K TY points for $500 on grocery spend with Citi ThankYou Preferred card
- $200 on Citi Prestige retention offer
- 20k MR for adding authorized users onto Platinum card
With the above bonuses and 10x restaurants on Blue for Business I ended up getting just over 6 points per dollar for a total of ~500K points
Total cash value: ~$5,000 (My gift card fees were cancelled out by topcashback)
Total Quarter 2 Earnings:
$1.6K capital gains, 335K Points, $2k bank bonuses and $500 amex offers and topcashback.
Lets call it $8k
Total Quarter 3 Earnings:
$600 capital gains, 500k points, $200 bank bonuses and $1,000 amex offers and topcashback.
Around $7k
