Do we need a churning meta thread? I've thought about getting into it at various times in the past, but once you start searching Google, the amount of info out there is really overwhelming (and frequently outdated, as well).
However, transferring points to a hotel is generally a wasted value. On the change, you can have 3 nights at a top tier Hyatt hotel or 1 round trip business, or 2 coach seats, to Europe. I find hotel points easier to accumulate than airline miles. Especially now that mileage runs are going the way of the dodo and more carriers are switching to the revanue for miles model. But, it's all in the eye of the beholder. I had a really awful transfer a few years back that still haunts me.
I have enough credit history, number of accounts, on time payments, diversification of credit, etc. that literally the only thing holding up my score is credit utilization.
It isn't rocket science. That's a screenshot of my myfico simulator.
1. Establish long history of credit
2. Make sure every payment is done on time
3. Diversify your accounts with installment loans and revolving credit and mortgages
4. Have x number of accounts
5. Keep credit utlization low on revolving credit
6. Don't make too many hard credit inquiries at one time
That's it, you could literally google that.
Last edited by Rocko20; 09-12-2016 at 07:10 PM.
Like chewy, I have no interest in going overseas. However, I fly probably 15 or so round trips a year and would probably trade out driving a couple of trips for flying if I got points flights. Does this card make sense if you're really only going domestically if I'm already using the Sapphire Prefererred card? I probably average $12,000+ a month in charges.
But, I posted in GM, so probably best to get into it there.
from the flyertalk board: Uber rides are reimbursed by the $300 travel credit for Sapphire Reserve.
too bad that doesn't mean JACK $#@! IN AUSTIN TEXAS!
Fasten is too. Already have been credited.
Anyone have a good use for my 150,000 AMEX points? Currently just use them for Amazon.
And should I upgrade my Gold to Platinum?
Just got one and it didn't have metal. Sad panda.
yeah, for those of you that are getting the reserve (and already have the preferred), downgrade the preserve to a chase freedom and pay attention to the quarterly bonuses through the chase portal.
depending on the quarter, you can get up to 5% back (or better, 5 points per dollar spent) in select categories. for example, in the current quarter, you get 5% on any restaurant charges or on costco/sams/wholesale clubs charges.
and then, instead of using whatever you have in your freedom account for cashback, transfer it to ultimate rewards
side note...i've had the CSR for approx 3 weeks or so and applied for global entry a week or two ago.
well, my application has conditonally approved or whatever they call it. basically, i need to schedule my interview, but there is $#@!ing NOTHING available in austin.
i basically select austin and it says "haha no". dallas and houston have availability pretty much within a few days.
May look into that since I have the Preferred card that's not going to get much use now. The only problem is that I know I wouldn't keep up with it.
I am far from a travel hack and have no desire to turn into one. I use my Fidelity VISA for everything. It gets me 2% cash back into my fidelity account. However, I've been thinking about getting a travel points card because I'm getting married and have some traveling coming up as a result.
I signed up for the Capital One Venture card. I chose it because I can use it on any travel expense and I'll probably end up getting a non-chain hotel on the honeymoon. I was also looking at the Chase Sapphire Preferred card, but was worried that we'll go somewhere that I can't get to easily on United or SWA and thus be unable to use the points on airfare or hotel.
The Capital One card has been sitting in the envelope for a couple weeks because I can't decide if it's the right choice. If we go to Mexico, I can get both round trips on SWA with the Chase bonus points alone. We're also planning to go to Italy the year after, so I might be able to save points for that. Does anyone have an opinion on the Capital One card vs the Chase card for my situation? If I go with a different card, does it hurt my credit score to cancel a card/account that has never been activated or used?
One final wrinkle is that I get companion pass on SWA with another 75,000 miles. A 50k point bonus would leave me with 25k more to go. I think I can get another 15k in work travel by the end of the year. That gets me real close. Maybe I should consider a SWA RR Visa card?
Last edited by drewlaws; 09-14-2016 at 10:58 AM.
Okay... Just got the sapphire reserve. So how do I get credited for global entry and priority pass? Just sign up and pay the fee and then chase credits the account?
I've got a CSR and Freedom. Should my next step be opening an Ink card to get 5X thru GC's? I am only at 1/24.
2. Where do you travel most often?
3. What % of that 12K is (a) restaurants (b) hotels (c) rent cars (d) everything else?
4. Are you married / do you have a steady chick/dude (NTTAWWT) that you do most of your vacation travel with?
Depending on the above, it might be good to split that spend between a Chase SWA card and one of the Chase Ultimate Reward cards (Sapphire/Ink/Freedom)...
If I were brew I would use the SWA card only enough to rack up the 110K needed (and hotels/rent cars earn 2:1), then switch over to one of the UR cards due to their flexibility. However, if you live in a place where SWA isn't as prominent and/or convenient as far as destinations, I'd probably just stick with an UR card. Similarly, since you can only change the named companion 3 times over the life of the companion pass, it's not as great a deal if you don't travel with the same person on your award flights....
I usually fly Southwest because I can get pretty much anywhere direct from Nashville while the other airlines route through their hubs. There are occasions where I'll fly one of the other 3 if they have a direct flight for the same price or serve a better airport. I'm flying American this week because I want to go into O'Hare instead of Midway and Delta in two weeks when we go to Turks.
I'll look into the SW card. I need to look and see how much my wife flies with me. Hitting 110k would not be an issue and the companion pass may be worth more if we take several trips a year on Southwest. We're looking at beach houses, so that companion pass may be even better for me because we could fly for my cost only rather than driving.
I have another question on the companion pass, do I get to use the 110k miles like normal and the companion pass is just a bonus or do I have to basically cash them in for the pass? I think we fly together on Southwest about 5 times a year. There are probably a couple other flights I could change to Southwest and make it work. The current flights work out to roughly $1,600 a year for her flights on Southwest and if we get the house we'll be flying more often.
Per previous discussion above, once you hit the mark it counts for the remainder of the calendar year and the next calendar year. Check page 1 or 2 for the low down on when best to hit to get almost 2 years a pop.
How soon will you see the 100k Chase points in your account after hitting 4k spend? Does the statement have to close and payment subsequently clear?
Last edited by benson32; 09-20-2016 at 10:03 AM.
Anyone on the fence should probably get in before the calendar year flips over. That 100K points might drop a bit.
Used my 2016 $300 a few months ago.
Today I had a $60 uber ride comped. I guess they are comping my 2017 $300 a month early.
yup got $300 already comped when i paid a deposit on our disney trip. about to hit the $4k spend so we'll see how soon the points post. after new years, paying off remaining balance on disney trip to get an additional $300 comped.
Football .. OC .. Basketball .. Baseball .. Other Sports .. RC Didn't Offer .. Gamboool
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