re: Credit Card Rewards and Points Discussion

At this point, I would do one of two things:

1) Lower credit lines now, then apply in a month. You are under 5/24 so you are in no rush to "get in" so to speak.

2) If you want to apply right away, then I would leave my CLs as is and apply. If it goes to pending, then call recon to move available CLs around.

Remember: Minimum income needs to be at least 60K. Ideally, CL extended to you through Chase should be no more than 50% of your income.

Downgrading the CSP has nothing to do with CSR. You can do so at any point in time as long as it is before the AF posts.

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Ok. Is it because of going through LHR? Or you don't really know until you call to book a trip?

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LHR has nothing to do with carrier added YQ. You are talking about the departure fee that is unavoidable. Carrier added YQ is avoidable. You can actually get an exact amount of what you can expect to pay before booking a ticket if you plug your itinerary into iata matrix. Click on your fare and look at the fare breakdown. The carrier added YQ part is avoidable if you know how. If you don't avoid it, that is how much you pay for that when flying through programs that pass it down (for ex: KE does and UA doesn't). All the government added taxes is what you have to pay no matter what. So add all that up and you will have the cash portion of your award.

Looks like the Chase Sapphire Reserve application page is up. LINK

No mention of the 100k bonus on that page though. I may wait until the link with the bonus comes around.

I have a question regarding cancelling or downgrading an american express card. I am trying to cancel/downgrade my premier rewards gold card. It is my longest open line with AMEX. Should I downgrade to a no fee card or just cancel it? If I downgrade to a no fee card would I get the sign up bonus?

Its pretty much confirmed that the card will come with a 100K bonus. People have called in and SM'd to confirm this repeatedly.

5/24 is solidly enforced.

I didn't waste a HP on a Chase app. Instead I got the OBC, DiscoverIt miles and US bank FlexPerks card. Now I think I am going to sit on the sidelines. Ink+, OBC, DiscoverIt and FlexPerks should keep me busy for 24 months

3% cb on ALL purchases for the first year? I can easily MS at under 0.7% online. So it makes sense for me.

Saw this on Dr of credit

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OfficeMax/Depot: $15 Instant Rebate On $300 In Visa Gift Cards

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Has anyone been able to use Ink for visa card purchase at OD?

How is the FlexPerks redemption process?

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Does the 5/24 mean you can only have 5 Chase cards, or does it mean you can only open 5 in the past 24 months?

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5 credit card accounts of any type in 24 months.

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I have 4 so I'm good either way. 2 of my 4 were opened over 24 months ago

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So you should have 3 open slots

What were the 8 cards? Business cards except Chase and Cap One don't count. Store cards don't count. AmEx doesn't count if in the past couple of months.

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How is the FlexPerks redemption process?

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Basically - best use is for flights.

$0-$400 (flight price) = Flat 20K points
$401-$800 = Flat 40K points and so on