April has come and is quickly going.  Here is an update on our progress:

* My last Amex Biz Plat bill was over 50K (yes, one statement).  I’m progressing nicely!

* My plum card is averaging 5-10k per month.

* I’ve slowly moved expenses from my Chase CO card to my Amex.  Its tough because for each 15k on my Chase card I get Elite Qualification Miles on CO (EQM’s).  But if this all works out I can count on the Black Card giving me status anyway.  Main expenses moved are travel, dining and other items that may indicate a lavish lifestyle!  If I fail on my quest, I’ll move 100% of my spending to the CO card.  That way I’ll get at least silver elite each year (even though silver is worthless) and tons of miles.

* Thanks to Amex’s bonus 5000 miles for spending more than 10k/mo on my biz plat card, Last month I gathered over 60,000 membership reward points.  That can be a round trip upgrade to Asia on CO.  Using a full fare BusinessFirst price factor thats a value of $.14 per mile.  As opposed to cashing in on Amex where its $.01 per mile.  Not bad!

* I used Amex Platinums Fine Hotel & Resorts program to book some great properties in Asia and for a trip to the West Coast soon.  Great program and the hotel gives you a special welcome note when you arrive.  Bravo!

My total spending since inception of this idea 3 months ago is over $95,000.  Add in a payment to the IRS in a bit and we’ll be more than 1/2 way to the $300,000 goal.  All before the end of April ;)

Talk to you all soon!