- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What to do about the wife's Chase Sapphire Reserve Card
Posted on 8/15/24 at 1:55 pm to Teddy Ruxpin
Posted on 8/15/24 at 1:55 pm to Teddy Ruxpin
quote:
I never hold it for more than a year and grab the bonus every four years. Freedom Unlimited gives you 3x dining, same as Reserve. The cheaper Preferred gives you 2x travel vs 3x for Reserve. You'd have to spend a ridiculous amount on travel at 3x to counter the $200 extra fee.
While I agree that the Reserve has lost value over time, I’m not sure it’s quite that simple for people who don’t keep a wallet full of cards. If someone doesn’t have another card that give GE, that’s $20/yr. $60/yr from DoorDash credit, plus the value of the membership. Then the 1.5x through the portal instead of 1.25x (and yes, I know that’s a much weaker valuation that transfer partners, but let’s not pretend as though the majority of people aren’t going to use it that way
). Then factor in things like better trip coverage, better item loss/theft insurance, etc, and I think the Reserve and Preferred mostly come out as a wash. But again, that obviously starts to shift if you double up on some of these benefits with other cards.
1
Posted on 8/15/24 at 4:01 pm to Joshjrn
It has become my opinion over time that those folks are probably better off grabbing the best cash back card they can find from a bunch of banks to maximize the differing categories, but I can't (or won't ) try to mathematically prove it.
) try to mathematically prove it. This post was edited on 8/15/24 at 4:12 pm
Posted on 8/16/24 at 9:35 am to Teddy Ruxpin
Which they’ll do for a few weeks before just starting to grab the first card they see in their wallet
And jokes aside, as someone who more often than not flies out of a regional airport, and therefore usually has a connection, at least once a year, I’ll just say frick it book a flight using points through the Chase portal, so I actually do get some benefit from the redemption bonus.
But I’m mostly just too lazy to work the card game the way I used to
And jokes aside, as someone who more often than not flies out of a regional airport, and therefore usually has a connection, at least once a year, I’ll just say frick it book a flight using points through the Chase portal, so I actually do get some benefit from the redemption bonus.
But I’m mostly just too lazy to work the card game the way I used to
Posted on 8/16/24 at 9:41 am to Joshjrn
quote:
Which they’ll do for a few weeks before just starting to grab the first card they see in their wallet
Probably, but my thinking is the aren't saddled with the annual fees once they inevitably do that.
quote:
But I’m mostly just too lazy to work the card game the way I used to
I'm coming out of hibernation! Went on a little tear this Spring.
Posted on 8/16/24 at 9:50 am to Teddy Ruxpin
quote:
Probably, but my thinking is the aren't saddled with the annual fees once they inevitably do that.
Which I completely get. I guess I’m simply giving the CSR a mild defense for people who don’t want to heavily play the card game, spend a fair amount of money on dining and travel, and would like to convert most or all of their points into future travel, sometimes using transfer partners, but sometimes taking the easy route and booking through the portal. Which while I appreciate is a narrowly defined category likely describes a fairly large group of people. I know my currently lazy arse falls into it
quote:
I'm coming out of hibernation! Went on a little tear this Spring.
I’ll be watching your posts intently
Posted on 8/17/24 at 5:47 am to kywildcatfanone
Pretty sure you can downgrade to a free card. Don’t cancel, especially if it’s her only card.
Page 2 of 2
Back to top
Follow TigerDroppings for LSU Football News