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re: Credit Card Rewards and Points Discussion

Posted on 12/1/20 at 9:10 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
40827 posts
Posted on 12/1/20 at 9:10 pm to
quote:

So they take the 3X points from you


Maybe I missed the news, but when did they do that?

quote:

blow your travel credit?



They are giving you $300 on travel as standard. Since people aren't traveling, this sound like they expanded the credit to cover other expenses so people could earn the $300 back. That's a positive change.

quote:

Does the reserve have any redeeming qualities these days? Doordash, peloton, and 300 travel credit are the major benefits for a now $550 fee


It has definitely lost a lot of luster due to competition from other banks and now from within with CFU and Freedom Flex changes. I'm curious if Chase will rework CSR next year.
This post was edited on 12/1/20 at 9:12 pm
Posted by Lsut81
Member since Jun 2005
84964 posts
Posted on 12/2/20 at 5:50 am to
quote:

Maybe I missed the news, but when did they do that?


For the time period they are applying your travel credit to grocery.... instead of earning 3xs they are burning your credit that you may want to use later on.

Unless I’m missing something


But nonetheless. At $450 you can almost justify the card, at $550, that’s a nah. Especially when the preferred gives you a higher sign up bonus.


Posted by Teddy Ruxpin
Member since Oct 2006
40827 posts
Posted on 12/2/20 at 8:17 am to
quote:


For the time period they are applying your travel credit to grocery.... instead of earning 3xs they are burning your credit that you may want to use later on.

Unless I’m missing something


Grocery earns 3x up to $1,000 through April so you're good.

I agree though that under it's normal bonus structure now it's becoming hard to keep it.
Posted by Lsut81
Member since Jun 2005
84964 posts
Posted on 12/3/20 at 7:09 pm to
quote:

I agree though that under it's normal bonus structure now it's becoming hard to keep it.


Just saw Amex Gold is ending their 100 airline credit Dec 31 of next year, wonder what they will do to replace it

Would like to get back into the Amex platinum, but haven’t found an offer exempting previous card holders.

May do the Gold and Sapphire to get the sign ups, get the airline credit now and after the 1st with the Gold and then ask for a product change upgrade to the platinum.
Posted by Teddy Ruxpin
Member since Oct 2006
40827 posts
Posted on 12/4/20 at 7:28 am to
quote:

Just saw Amex Gold is ending their 100 airline credit Dec 31 of next year, wonder what they will do to replace it


I believe with an Uber credit. They made the airline credit a pain to redeem, which is typical for Amex, so this change would work for me. So Gold will now have Grubhub and Uber credits IIRC.

My wife has Gold and Plat and I just got the 100k Plat offer. She received a Gold referral option that gives her 30k and me a 60k sign up bonus for Gold so I'll do that soon and then consolidate.
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9896 posts
Posted on 12/17/20 at 9:12 am to
Any of you smart guys know if this is a good deal?

BOA Cash Rewards

We usually put around 5k a month on our current card and pay it off every month. We hardly ever travel, so I'm not interested in travel points if that's still a thing.
Posted by Lazy But Talented
Member since Aug 2011
15067 posts
Posted on 12/17/20 at 10:22 am to
Finally ready to get a few new cards now that I've waited out my 5/24.

What's the best value right now? Should I go CSP? I had CSR previously and downgraded it to Freedom Unlimited 2+ years ago. I think that means I would be eligible for the sign up bonus again.

No business owner, but willing to go for the business cards if it is still as easy as it was to get approved a couple years back...
This post was edited on 12/17/20 at 10:25 am
Posted by jerryc436
Franklin
Member since Jan 2014
614 posts
Posted on 12/17/20 at 10:44 am to
I think the changed the waiting period from 2 years to 4 years to receive the bonus on any Sapphire card. Check it out before you apply.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476173 posts
Posted on 12/17/20 at 10:56 am to
i am thinking about that one for the $200 bonus

i just got a Chase Flex for the $200 bonus

$200 seems to be the max they'll offer right now
Posted by Lsut81
Member since Jun 2005
84964 posts
Posted on 12/17/20 at 3:37 pm to
quote:

I think the changed the waiting period from 2 years to 4 years to receive the bonus on any Sapphire card. Check it out before you apply.


Yes 48 month waiting for any sapphire bonus product.... F Chase
Posted by Teddy Ruxpin
Member since Oct 2006
40827 posts
Posted on 12/17/20 at 3:43 pm to
At least they are adding Aeroplan.

They were getting stale.
Posted by Sho Nuff
Oahu
Member since Feb 2009
14003 posts
Posted on 12/17/20 at 7:26 pm to
quote:

Yes 48 month waiting for any sapphire bonus product

48 months from when you received the bonus. Be careful on that one.
Posted by Lsut81
Member since Jun 2005
84964 posts
Posted on 12/17/20 at 7:38 pm to
quote:

48 months from when you received the bonus. Be careful on that one.


Yup on all Chase products, its when you actually achieve the bonus. So may be 1-2 months after your application date.
Posted by Yeti_Chaser
Member since Nov 2017
12877 posts
Posted on 12/31/20 at 8:29 am to
Has anyone ever had issues with chase travel rewards? I made a hotel reservation with my points and they cancelled it the day before. I immediately called and they said they would do an investigation and get back to me within 4 days. In the meantime they booked me a room at another property which looks shittier and yet costs me more points due to it being so last minute. I'm pretty pissed about it all and hoping they will make it right but it's ridiculous that we can't stay at our original reservation as it was a hotel we were really looking forward to
Posted by pjab
Member since Mar 2016
5761 posts
Posted on 1/5/21 at 11:21 am to
Chase customer service has been on a steady decline since getting overwhelmed with the success of the CSR. Unfortunately AMEX points on purchases and redemption suck too bad to completely switch over.

I used a few hundred K points using the 1.5x bonus for Pay yourself Back.
Posted by pjab
Member since Mar 2016
5761 posts
Posted on 1/5/21 at 11:25 am to
Heads up for the Amex Platinum people. There is a $50 back when you spend atleast $50 at Best Buy. Supposedly there is one for Home Depot too but I’m not seeing that one. And you can get the credit twice at each place. There is also a new PayPal $30/month credit through June.

The Dell $100 when you spend $100 expires this month as well.

All in, that’s $480 in credit.
Posted by TheChiefHasArrived
Member since Dec 2011
729 posts
Posted on 1/5/21 at 12:22 pm to
I got the BB, HD. Also got HomeChef 50 off 50 and Wine Insiders 30 off 30, as well as $50 off $250 at Instacart. $50 Saks credit and $200 airline reset on the 1st as well. Was thinking about cancelling but looks like I'll get more than enough value in '21.
Posted by Teddy Ruxpin
Member since Oct 2006
40827 posts
Posted on 1/5/21 at 12:27 pm to
Are you doing the book Southwest and cancel method to get your credit?

Amex is so damn annoying making things more difficult than they need to be.
Posted by TheChiefHasArrived
Member since Dec 2011
729 posts
Posted on 1/9/21 at 10:16 am to
Usually do that incidentally over the year with companion pass. I booked taxes on award flight to SJD on the 1st $111 and haven't gotten the credit yet. Might have to be under $100 to trigger but not exactly something I want to ask customer service about.
Posted by Teddy Ruxpin
Member since Oct 2006
40827 posts
Posted on 1/9/21 at 11:43 am to
Ya I've noticed it trigger on taxes and also when I've applied a SW GC to a flight and there was remainder. So try that if you need to.
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