Question for you guys that jump on these Credit Card Promotions - Page 5 - TigerDroppings.com

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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

Get the Freedom as well for another 20,000 points (usually the bonus is 10,000, so again, get it now)


Ok, best way to do this? Just do online app for each one or call in and do it back to back?

Also, theres a fraud alert on my report currently thanks to a breach at Capital One. Foresee any issues?

quote:

not counting the CSP special bonuses going on right now


What special bonus? All I see is the 40k for spending 3k in the first 3 months






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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
40963 posts

re: Question for you guys that jump on these Credit Card Promotions


LINK

that should be a link for 50,000 pts






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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

that should be a link for 50,000 pts




Although the one for 40k points that I found only has a $95 fee, this one has a $125... But I guess the additional $100 in pts pays that off immediately






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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
40963 posts

re: Question for you guys that jump on these Credit Card Promotions


You break even if you keep it 3 years





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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18118 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

Although the one for 40k points that I found only has a $95 fee, this one has a $125... But I guess the additional $100 in pts pays that off immediately



There is also a 5k point referral bonus right now I think still and a 5k add authorized user bonus some where. Bacon might have those as well.

As for fraud, I don't know, but dealing with my first fraud alert on my CSP and Freedom on Friday when I went to Baton Rouge.

Sitting at Pluckers minding my own business when I get an email saying someone is going crazy on Walmart.com

By the way, this is why I carry 3 CCs. I was down to my Amex in no time.



This post was edited on 11/25 at 12:31 pm


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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
40963 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

There is also a 5k point referral bonus right now I think still and a 5k add authorized user bonus some where.


Damn I didn't know you could refer folks I've gotten two people to sign up for it recently

quote:


By the way, this is why I carry 3 CCs. I was down to my Amex in no time.


What happened to your other? I always carry around to and have my USAA (gas) card that stays in my car






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18118 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

Damn I didn't know you could refer folks I've gotten two people to sign up for it recently



Tell me about it. I referred two folks and then the bonus came out a few months later.

quote:

What happened to your other? I always carry around to and have my USAA (gas) card that stays in my car


The CSP and Freedom went down 1 after the other. CSP hit a fraud alert. I actually caught the Freedom since someone booked a big airline ticket (might have been a keying mistake, but taking no chances).

After that I had the Amex SPG on me. I have a USAA and a Cap One Venture that I'll be downgrading shortly so I may do what you are and have one in the car. Having to rely on just an Amex could be trouble if that happens again.






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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


CSP will be here on Friday





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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
40963 posts

re: Question for you guys that jump on these Credit Card Promotions


Which promotion did you take?






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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


50K w/ $125





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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18118 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

CSP will be here on Friday



Prepare for the life changing experience pulling that card out is.






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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

Prepare for the life changing experience pulling that card out is.


Im excited... Plus I saw that I can actually pair up my United Mileage Plus account with it, to combine points.






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18118 posts

re: Question for you guys that jump on these Credit Card Promotions


Ya, you can transfer UR to United, however, the reverse is not true. Its instant, no waiting for a week.



Also, United award chart devaluation coming February 1st so check in to that so you can get some value if you were planning on going some where.



This post was edited on 11/26 at 1:12 pm


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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

Also, United award chart devaluation coming February 1st so check in to that so you can get some value if you were planning on going some where.


Link to info?

I don't have a shite ton of Mileage on there, like 8500, but from what I've seen it would pay for like a $300 flight on UA I've never really done the air miles thing.






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18118 posts

re: Question for you guys that jump on these Credit Card Promotions


May not affect you if you're a certain type of traveler.

Here's the link though so you can look around. Its screwing me on my honeymoon because my fiancee and I are planning to go to Africa sometime after our March 2015 wedding. Since we can't book before Feb. 1st we're going to have to eat these new points requirements.








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lesmiles13
LSU Fan
Member since Aug 2008
706 posts

re: Question for you guys that jump on these Credit Card Promotions


Questions:
What is CSP or what does it stand for?

What are UR points?






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kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
15810 posts

re: Question for you guys that jump on these Credit Card Promotions


How can you use these points?

It says "After you spend $3,000 in the first 3 months from account opening* - That's $625 towards airfare or hotels when you redeem through Chase Ultimate RewardsSM."

How hard is it to redeem for airfare? Any airlines, any time?






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Lsut81
USA Fan
Member since Jun 2005
63175 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

What is CSP or what does it stand for?


Chase Sapphire Preferred

quote:

What are UR points?


Ultimate Rewards






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18118 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

How hard is it to redeem for airfare? Any airlines, any time?



Bare with me here.

There are TWO ways to redeem your Chase Ultimate Rewards points. Chase UR points can be used to buy stupid shite like coffee makers all the way to airline tickets (target demographic for this card) through the Chase Ultimate Rewards (UR) Mall. The points have a set value when used in the UR Mall. When Chase says:

quote:

After you spend $3,000 in the first 3 months from account opening* - That's $625 towards airfare or hotels when you redeem through Chase Ultimate RewardsSM


That's IF you buy your ticket through the UR mall. Now, there are no blackout dates or anything like that if you book through the mall. Its just like buying a ticket on travelocity or what not.

HOWEVER, there is a second way to redeem your points. Chase has a number of transfer partners, some being Korean Air, United, British Airways, etc.

By transferring your points to these partners (at a 1:1 rate), you are putting your points under that company's award policy, which is subject to availability of seats, etc. The benefit of this is that your points may be worth way more than what Chase says they are.

For example, Chase values 40,000 UR points at $500. However, on United, a roundtrip saver award in economy class is 40,000 United miles to northern South America. That ticket could likely cost you more than $500 out of pocket, therefore your points are worth more than Chase says they are when transferred to United for this purpose.

This valuation gets more and more pronounced when you redeem for first class/business class, so again for example, what Chase values 120,000 UR points at would be about $1,500. The same points transferred to United could buy you a roundtrip ticket to Africa in business/first class which is WAY more than $1,500 (think 3 to $4,000).

Hope that was somewhat helpful.



This post was edited on 11/26 at 6:30 pm


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kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
15810 posts

re: Question for you guys that jump on these Credit Card Promotions


quote:

Teddy Ruxpin


Very helpful, thanks for the thorough explanation.

As I said earlier, I don't fly but a time or two a year, and usually only once for personal travel, so this might not be a good card for me.







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