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Saturday, December 22, 2012

How to Improve Your Credit Score

Today's post title is a bit tongue in cheek.

I wanted to prove a point about how credit card churning has little to no effect on your credit score and can actually improve your score if properly executed.

I recently did my final App-o-Rama of 2012.  I applied and was approved for three cards; The Chase Ink Plus, the Citibank AA Business card, and the Bank of Hawaii Hawaiian Airlines card. 

It's this last card I would like to expand upon a little bit more.  The Bank of Hawaii card came with 35,000 Hawaiian Airline miles as a sign up bonus for a minimum spend of only $1000.  I received this card two days ago.  One simple trip on my way home yesterday to CVS to buy two $500 Vanilla Reload cards, and I met the minimum spending requirement.  For $7.90 (the cost of two reload cards) I got 35,000 miles.  Those could be used for a Super Saver fare to Hawaii.  They can also be transferred to Virgin Atlantic and then converted to 70,000 Hilton points.  (probably not the best use of them).  You can also fly on Virgin to Europe with Hawaiian Airlines miles with no fuel surcharges. 

Now to today's point.  With my Hawaiian Airlines credit card came a credit score from one of the credit bureaus.  My score has actually gone up to 803 with this latest round of card applications.  I have been approved for around a dozen cards this year.  Let me repeat that.  My score has actually gone up after applying for 12 credit cards in one year!  This isn't because I did anything special.  I just pay my bills on time every month.  You can do it too if you just follow my prescription.

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About The Points Doctor

The Points Doctor is Bruce J. Wilderman DDS of Artistic Expressions Dentistry.Dr. Wilderman has a practice limited to Cosmetic Dentistry, serving patients of the Philadelphia Area since 1986.He and wife of 30 years enjoy traveling the world for little or no money with the points and miles they have earned from the credit card companies. Dr. Wilderman would love to teach you how to do the same. You may reach him at

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