Credit Card Thread - Now with a Beginner's Guide to free travel/FAQ

Discussion in 'The Mainboard' started by blind dog, Apr 10, 2015.

  1. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    * Over the first year, assuming you apply at the right time and that first year is not free. There are more details about billing periods and application stuff in the leaked fine print.
     
  2. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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  3. Doc Louis

    Doc Louis Well-Known Member
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    Just got unlimited freedom card from Chase, apparently they ruled me over to it from an old card, would rather have sapphire preferred. Any way to see about getting them to switch before activating this card?
     
  4. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    If they roll you over you won't be eligible for a sign up bonus. Just apply for it.
     
  5. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    Also, its a visa infinite card which will give you a one time $100 credit on an airline booking for 2-5 people

    Other visa infinite cards carry automatic hotel upgrades when available as well.
     
  6. pratyk

    pratyk Arsenal FC, Rutgers Scarlet Knights
    Rutgers Scarlet KnightsArsenal

    sounds like a lot of people who're over the 5 new account threshold got approved.. Can't wait to apply for it.. I've already got 150K UR points waiting to be transferred
     
  7. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    This may have already been posted, but if any of you are carrying CC balances, Chase Slate has a new card with 0 APR on balance transfers as well as 0 balance transfer fee. It truly is a completely free balance transfer.
     
  8. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
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    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

    Yea that was my plan and just cancel the CSP when the fee hits.
     
  9. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    Just downgrade it. Going to downgrade mine when I have the reserve in hand
     
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  10. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
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    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

    Good idea.
     
  11. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
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    Texas LonghornsManchester United

    Is this confirmed? I know its a visa infinite thing, but would love to see in writing before I apply.
     
  12. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    Its a perk for all visa infinite cards. I've seen it in several reserve card detail lists as well
     
  13. Volholic16

    Volholic16 Well-Known Member
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    Tennessee VolunteersAtlanta BravesNashville PredatorsGrateful Dead

    Will definitely be looking into this Sapphire Reserve. I've opened 3 CC's and bought a home in the last 24 months. Had my CSP for just over a year now.
     
  14. Lip

    Lip Well-Known Member
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    Michigan State SpartansDetroit LionsGeorge Washington Colonials

    So when can you apply?
     
  15. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
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    Texas LonghornsManchester United

    Chase just tweeted about it, so now or very soon
     
  16. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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  17. Lip

    Lip Well-Known Member
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    Michigan State SpartansDetroit LionsGeorge Washington Colonials

    Just saw that on Reddit. Apparently some people were able to apply yesterday and got approved.
     
  18. ohhaithur

    ohhaithur e-Batman
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    it didn't say anything about bonuses and they're just hoping they get them. bold strategy
     
  19. Spontaneous Cumbustion

    Spontaneous Cumbustion Well-Known Member
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    Ohio State BuckeyesCincinnati RedsCincinnati BengalsXavier MusketeersFC CincinnatiTottenham HotspurUnited States Men's National Soccer Team

    If I have the CSP and the freedom what would your advice be for me if I get the Reserve too? Got both of the two existing cards this year if it matters. Should I cancel any of them or just keep all three?
     
  20. ohhaithur

    ohhaithur e-Batman
    Donor

    CSR is CSP but at least 60% better.

    When you have CSR dump CSP
     
  21. Dukes

    Dukes flying ain't nothing just fallin' with style
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    Baltimore OriolesWashington CapitalsTiger WoodsJames Madison Dukes

    Just got my CSP in the mail yesterday. As soon as I knock out the bonus I guess I'll apply for the CSR.
     
  22. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    Downgrade CSP to unlimited
     
  23. Tommy Callahan

    Tommy Callahan Well-Known Member
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    Alabama Crimson TideAtlanta Braves

    I got the platinum in May when that absurd bonus hit them. Two credit cards with that steep of fee seems tough but I do use the platinum more for other purposes to begin with
     
  24. Big Apple Duck

    Big Apple Duck Craving a chimichanga
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    Oregon Ducks

    Wouldn't you be better served just transferring to a travel partner? 100k hyatt points gets you 5 nights at their resort in Kauai, which is usually around $600/night. You could also transfer to Air France and be two thirds of the way to a first class ticket - I went first class on AF from JFK to Mumbai for 140k skymiles earlier this year; it was an $8k ticket on their website, so those 100k points would be worth $5,700. Korean Air had business class to Singapore and Thailand for 140-160k.

    You could also dump amex points into sky team programs so with an Amex gold and this CSR, you would be right there.
     
    PJP3 likes this.
  25. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    It all depends. Some things are better values when transferred and some aren't. Personally I don't really care about flying first class when I can save points for another big purchase
     
  26. Spontaneous Cumbustion

    Spontaneous Cumbustion Well-Known Member
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    Ohio State BuckeyesCincinnati RedsCincinnati BengalsXavier MusketeersFC CincinnatiTottenham HotspurUnited States Men's National Soccer Team

    Is there a reason to have unlimited and freedom? Just so I'm not cancelling a card?
     
  27. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    I'm just doing it to keep the line of credit open
     
  28. ohhaithur

    ohhaithur e-Batman
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    I don't want to fly first class because I won't ever go back to coach.

    I can't sit in bad seats at sporting events anymore because I'm spoiled and I can't afford to be spoiled with travel
     
  29. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    I'd rather take 3ish trips than one. I'm fine in coach.
     
  30. Bo Pelinis

    Donor TMB OG
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  31. BP

    BP Bout to Regulate.
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    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    What do you mean by downgrade? Cancel or just leave it open and not use it?
     
  32. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    Call and tell them youd like to get rid of the card with the fee and wanted one of their free cards. Get the freedom if you don't have one for the quarters with 5%
     
    BP likes this.
  33. TAS

    TAS 20_ _ TMB Poster of the Year
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    Chase Sapphire Reserve Will NOT Have the Infinite $100 Airfare Discount https://t.co/ERR4FshAU1
     
    Det. Frank Bullitt likes this.
  34. Spontaneous Cumbustion

    Spontaneous Cumbustion Well-Known Member
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    Ohio State BuckeyesCincinnati RedsCincinnati BengalsXavier MusketeersFC CincinnatiTottenham HotspurUnited States Men's National Soccer Team

    CSP considers Ubers to be travel. You think that would count toward the $300 annual travel credit on the reserve?
     
  35. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    The points guy says yes. All travel coded items

    You also get a $300 annual travel credit, which — unlike the similar credits offered with cards like Citi Prestige, American Express Platinum and the refreshed Ritz-Carlton Rewards Credit Card — can be applied to any expenses that are coded as travel, including hotels, airfare, taxis, trains and many other charges (which we’ll detail in a future post).

    Read more: http://thepointsguy.com/2016/08/chase-announces-the-sapphire-reserve-card/#ixzz4HWveFLvZ
     
  36. Big Apple Duck

    Big Apple Duck Craving a chimichanga
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    Oregon Ducks

    It's all about value for points for me. 80k points to fly to Rome in coach, which would normally be $800-1200 from JFK. So two of those trips is $2400 for 160k points. Or you can spend all 160k on a 1st class ticket and get way more value out of those points ($5k-10k). Europe is so close that I'm fine going Delta Comfort+ and I feel terrible about spending points when I could just drop $1k and get the medallion miles towards status, but when you have 20+ hours of flight time to go to Asia, having a bed makes a HUGE difference in the amount of jet lag you feel.

    The worst use of airline points is for a domestic flight - 30-50k points for a $500 flight is such a waste. At that point, just use the points for a nice hotel, like the Grand Hyatt Playa del Carmen, which is $600/night around the holidays, but only 20k points. Then you can get $3,000 in value for the 100k points.

    *I know nothing about buying goods with points; only travel

    [​IMG]
     
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  37. ohhaithur

    ohhaithur e-Batman
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    value for me doesn't involve the price. If I'm on a flight from Chicago to Rome and my options are $1000 for coach or $5000 for first class, I'd never think about doing first class. Even if first class was 50% off and coach was 10% off, I'd still value $900 coach over $2500 first class, even though there's obviously tremendous "value" on first class.

    same with points
     
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  38. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    You just have to find the values. For example, I just flew to Spain. Cost me 59k ultimate rewards points, would be 48ish with the reserve. Probably costs me 100-130k points for that same flight with converted miles. Flight to Asia last year would've cost me about 57.5k poonts. That's two huge flights for 55k less points (another Asia trip) than one first class flight to Europe. Much more worth it to me
     
  39. Big Apple Duck

    Big Apple Duck Craving a chimichanga
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    Oregon Ducks

    whoa - you found a round trip to asia for 57.5k? which airline? Through the portal or was that a conversion?
     
  40. Big Apple Duck

    Big Apple Duck Craving a chimichanga
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    Oregon Ducks

    I agree for price, but why not just spend $900 on the flight and then use the points to get many nights at a hotel over there that would be a better $/point rate?
     
  41. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    I had a round trip Houston to Bangkok for about 870 bucks. That's 57.5ish thousand sapphire points
     
  42. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    Decent option for people who aren't the hostel type, but that's not his current situation.
     
  43. PJP3

    PJP3 Well-Known Member
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    Colorado BuffaloesOakland RaidersFulhamLos Angeles Angels of AnaheimUnited States Men's National Soccer Team

    My use of points falls more in line with Big Apple Duck. I won't use them on coach, id rather just pay the fare and get more "value" per mile by booking first/business which is something I couldn't justifying paying full price for. Once you fly international premium cabins its hard to go back. Makes the trip part of the fun and cuts down on jet lag for me, rather than dreading the long day of travel. Can see the point from the other side though of getting more flights for your miles though. I don't think either way is right/wrong.
     
    Big Apple Duck likes this.
  44. Big Apple Duck

    Big Apple Duck Craving a chimichanga
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    Oregon Ducks

    Every time I've gone to Asia/India, I "hit the ground running" because I was able to get quality sleep the whole way. I'm also able to come back and go straight to work the next day without being too messed up.

    And as you say, the anxiety/scaries that come when a long trip is wrapping up are seriously lessened when you know that you're going to fly back in business/first.
     
    PJP3 likes this.
  45. Tilly

    Tilly Souf Cack
    Donor TMB OG
    South Carolina Gamecocks

    Anyone seen when the CSR apps are going live tomorrow? Is it 12:01 AM or just sometime during the day with no set time?
     
  46. texasraider

    texasraider thanks
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    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    I called in a few days ago and they either didn't know, didn't care or a combination of both
     
  47. texasraider

    texasraider thanks
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    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    Applications launch at 9:30 am CST supposedly
     
  48. ohhaithur

    ohhaithur e-Batman
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    :'(
     
  49. Spontaneous Cumbustion

    Spontaneous Cumbustion Well-Known Member
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    Ohio State BuckeyesCincinnati RedsCincinnati BengalsXavier MusketeersFC CincinnatiTottenham HotspurUnited States Men's National Soccer Team

  50. Arkadin

    Arkadin inefficiently efficent and unclearly clear
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    People saying it went live in branches today, but might not have an online link until tomorrow