re: Credit Card Rewards and Points Discussion

I’m late jumping in here, but my thoughts for you:

- be aware of chase’s 5/24 rule if you’re considering applying for any chase cards now or in the next 2 years

- transferable points(amex MR, chase UR are almost always better than program specific points. I think you said you already have titanium status, so ifyou prefer staying in marriotts go for amex business platinum or chase ink cash/unlimited. Both transfer to Marriott, but can also transfer to other hotels as well. Business platinum was discussed above, Ink cash/unlimited are both no fee cards offering 90k points for $6k spend in 3 months. Ink unlimited is 1.5x on everything. Ink cash is 5x on select categories, including office supply stores. Staples frequently run $0 fee promos of visa/Mc gift cards, so you can buy up to $1800 worth of gift cards for $1800, and get up to 9000 ur points for it. Gift cards can be more of a pain to use, but if you have the patience for it you’ll essentially be getting 5x points on every dollar you spend, anywhere.

- if you’re set on getting brand specific cards, there are multiple versions of Marriott cards with both chase and amex. And there are really weird rules in place for which other Marriott cards you can get depending on which ones you’ve had previously. Currently the best Marriott card offer is probably the chase boundless card, offering 5 free night certificates at 50k points each. LINK

- it’s not open to new applications anymore, but the chase ritz Carlton card is still available for product changes from other chase Marriott cards. The ritz card is a premium card with a $450 af, but any frequent traveler should make easy use of the credits/status to offset the fee. I did the boundless card offer earlier this year and am planning to change to the ritz card when my annual fee hits next year. LINK

- amex green and chase ink preferred are both 3x on all travel including hotels, and much cheaper than saphire reserve

- Just be aware amex gold 4x for groceries doesn’t apply to places like Walmart, sams, costco, etc.

- capitalone is weird with approvals. I’ve been approved for every card I’ve ever applied for including all of the higher end ones discussed here, but was denied for the venturex card when it came out a few years ago. Multiple credit card bloggers reported the same. Seems like having a previous banking relationship with capitalone helps, but everything else is a crapshoot.

A combination like Chase Sapphire Reserve for travel and dining (3x points), and the American Express Platinum Card for additional travel benefits like airport lounge access and Uber credits could be advantageous. These cards offer points that can be redeemed for travel expenses, and their perks can offset their annual fees for frequent travelers.

Yes, if you consistently fly Southwest, it would be beneficial to get their co-branded credit card. The Southwest Rapid Rewards credit cards offer perks bonus points on Southwest purchases, free checked bags, and companion passes, can up your travel experience and savings.

Bump.

Posted this in Some guy made 300k from CC Points/Rewards thread.

So, need a little help to kind of know where to go from here.

A little background, wife and I have always just had CC’s that didn’t really pay much on rewards, and I wasn’t comfortable enough to say “Hey, let’s run a lot of our expenses through a credit card for the rewards.” They were used more for emergencies.

So, fast forward to now, we own a retail business and are running all of our inventory through a Chase Ink Businss Premier. That ends up being around $400k per year. I’ve just been getting my 2% cash back and rolling along.

In the meantime, our personal financial situation (through some inheritance) has improved to where we are debt free (other than the house), and now I would feel comfortable running expense through a CC and start playing the rewards game. I don’t want to get complicated, but if there’s a way I can fly or stay somewhere for free, I want to do so.

Someone mentioned pooling points with Chase Sapphire in the other thread. Can someone explain a little how this works? I assume that if I have a Chase Sapphire account that my business can deposit the Business Premier points into the Sapphire account?

To kind of give a background on our typical yearly lives, we go on a couple true vacations per year, probably 4-6 weekends out of town per year, and then travel for business 3-4 times per year. We fly rarely, maybe on a plane once every 2 years, but if I had rewards that were tied to flying, renting cars, etc. we’d explore that option more. Wife’s a Hilton Honors member, I’m a Marriot and Hyatt member, but we really just stay where ever the best deal and most convenient place seems to be.

So what’s a good direction for me to go?

Chase Sapphire? Reserve or Preferred?

Posted a thread the other day but figured I’d get ore traction in here.

About to do a small renovation on the house and would like to put the cost on an extended no interest card. However, I’d like for it to have other good perks as well.

Any suggestions?

Currently I have the below cards on my radar.

Chase Freedom Unlimited
Amex Blue Cash Everyday
Amex Blue Cash Preferred

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Anyone jumping on the Chase Sapphire Preferred 100k point signup bonus? Insane for a $95 annual fee card. Both my wife and I are grabbing it - now need to figure out how to best spend 200,000 points

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As someone who has the CSR, I understand the 48 month rule, but no sign up bonus if you already have any Sapphire card and no retention offers on the Reserve strikes me as a bit shitty.

Already have the CSP but got the wife to sign up for the 100k bonus. No brainer

I currently have the CSR, so if I call and cancel I need to wait 10 days before applying for CSP?

It’s been more than 4 years for me, so I’m good there.

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I currently have the CSR, so if I call and cancel I need to wait 10 days before applying for CSP

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If you have the Reserve you do not need to cancel, you can get the Preferred as long as you are under 5 new cards in the last 24 months. You can have both cards. The new sign up bonus states you can’t get it if you have another sapphire card?

I’m waiting on the referral links so my wife can get the bonus. I have 260k+ UR points now so it will give us 360k when I combine hers to mine. Then I’ll just have to think of a big trip to spend it on