What he's alluding to are the different category offers for each card. For example, the Ink has certain purchases that will earn you more points: https://creditcards.chase.com/ink-bu.../ink-plus-card
So you get 5X points if you use your card at Staples or 2X if you use it at a gas station. Let's say that you have the UA card. UA is actually a travel partner for the Ink. So you can spend $100.00 at Staples at a 1:1 ratio with your United card or at a 5:1 ratio with your Ink card and transfer those points to UA. For the same purchase, you are netting an additional 400 miles. Same deal applies with hotels (assuming you don't want a card for this), cell phone bills, cable bill, etc. You're much better off using the Ink than the UA card for these types of purchases to speed up the process.
The Chase Sapphire has a different set of benefits: https://www.chase.com/card-benefits/...reserve/travel
You'll get 3X points on taxis, restaurants, etc. So you would use this card for those types of purchases over the Ink or UA cards.
And so on...
The portal that he's talking about is the online shopping that can be done for a specific airline where you earn more points by shopping online at specific retailers. (I.E. Staples or Office Depot) You can eek out another few miles per $1 this way. So your net result is 7X points instead of the 5X that you would get at the brick and mortar. Like this: https://shopping.mileageplus.com/
Last edited by spankytoes; 09-14-2016 at 12:03 PM.
I'm just gonna keep asking:
So I'm set to get 100,000 points on Reserve, assuming I complete my $4k spend in 3 months. It's 110,000 points on SWA for companion pass. Wife already has like 30k points on her SWA account. Would it be a wise move to transfer the bulk of that 100k points to SWA come January (when the SWA Companion points reset) so I can fly free for 2 years? (Jan 2017-Dec 2019) Companion pass is good for the following full calendar year, plus the remainder of the year in which you earned it.
Doesn't do me any good for int'l flights, but vast majority of our travel right now is domestic anyway.
Unfortunately, it doesn't work that way. You don't get credit with SWA for points transferred from other programs.
Per the T&C:
A Member who earns 110,000 Companion Pass Qualifying Points through Rapid Rewards Partners or who flies 100 qualifying one-way flights booked through Southwest Airlines per calendar year will qualify for a Companion Pass. “Companion Pass Qualifying Points” are earned from your revenue flights booked through Southwest Airlines, your points earned on Southwest Airlines Rapid Rewards Credit Cards, and your base points earned from Rapid Rewards Partners. Points purchased for personal use or as a gift, transferred points, points earned from program enrollment, Tier bonus points, flight bonus points, and Partner bonus points (with the exception of the Rapid Rewards Credit Cards from Chase) do not qualify as Companion Pass Qualifying Points. Points earned during a billing cycle on a Southwest Airlines Rapid Rewards Credit Card from Chase are not available for redemption or qualification for Companion Pass status until they are posted on your billing statement and posted to your Rapid Rewards Account. Only points posted on your billing statements and posted to your Rapid Rewards Account during the same calendar year are available for qualification for Companion Pass status. No points or Companion Pass Qualifying Points will awarded for flights taken by the Companion using the Companion Pass.
Last edited by spankytoes; 09-14-2016 at 02:03 PM.
My issue has always been the scheduling. When we were childless it was pretty easy, but not so much now.
Here's an example. Let's say, "hypothetically," I want to take my wife and 2 kids to Rome. Make it this year, next year, whatever if that helps - doesn't matter for this purpose.
I have enough points/miles for 2 free tickets, but not 4, and not for the hotel.
So I go online to one of those package sites and find a passable hotel and flight set up for $5500 or so for a week. I can book that and be done.
If I get 2 free tickets through points, then try to buy the hotel and 2 more tickets for the kids (or us if it matters), it only drops the price to, say, $4000. So I just saved $1500. Not great, but not bad.
But wait, that's if I use a package site for the hotel and 2 extra tickets and use the points for the other 2. I can never, ever get those to line up with the dates or even the same airlines. If I go to the airlines directly, I can match things up, but now I'm spending $7,200 or so for the two remaining seats and the hotel.
It is variations on this idea that usually result in me just using my points to buy $#@! on Amazon.
So what am I doing wrong?
Not sure how you can be considered a travel guru when you don't appear to know the difference between direct and non-stop flights.
To answer your question, I wouldn't view it that way at all.
Assuming that you are flying in Coach, which you most certainly would be at that price point, why couldn't you transfer your points to the airline at the applicable redemption level? Or, if you are short, open up a credit card for the airline that you are using and get bonus points that way? Both of those options won't cost you anything.
As far as hotels are concerned, you lost me. If you got 6 nights at a hotel for a week's stay for $300.00/nt., which would be a decent to nice hotel in Rome, your price would be $1,800.00. So your cost would be $1,800 + the redemption taxes for the ticket. If you took the BA option mentioned above, you would be paying $1,800.00 + 1,120.00 in taxes (for 4 tickets) = $2,920.00. That's still $1,080.00 less than your "not great, but not bad" threshold and far less than the $5,500.00 your package would cost.
A correction on Citi cards. You can get a Citi card, wait 8 days and then get another. You then have to wait 60 days and you can redo the cycle again. However, Citi has hard and fast rules on the number of credit pulls on your report when you apply.
here's a blurb from slickdeals on why you want to have multiple chase cards with different 'reward' types
http://slickdeals.net/f/8631122-chas...src=SiteSearchWiki Community Board
This can and should be used by you to post updated deal information.
Be sure to read this because it may contain answers to your questions!
1.5% "Cashback" really means 1.5 UR (chase ultimate rewards) points per dollar of spend. With only a non-premium UR earning card, these are generally worth 1 cent per point, which is where the 1.5% comes from.
If you pair this with a 'premium' UR card (currently the Chase Sapphire Preferred or Chase Ink Plus cards), these can be transferred to the premium card. These points are much more valuable. Many travel sites value these at over 2 cents per point. This effectively turns this card into a 3% travel rewards card, provided you redeem them for travel worth 2 cents per point.
so, freedom for the categories, freedom unlimited for the 1.5%, and then a premium UR card (preferred, reserve, and ink plus) to convert those accumulated points at a higher redemption value.
add on the occasional big points intro bonus from an airline or hotel partner card and you're hitting 5/24 in a hurry.
Last edited by elfenix; 09-14-2016 at 04:53 PM.
Super interesting and helpful; I dabble in gaming the system, but wish I spent more energy on it. I travel a ton for work, but would love more personal budget to travel. Right now, I basically just use the $#@! out of my AMEX platinum, citi AA, and about to get Chase Sapphire Reserve.
I've been flying a lot on Delta. This probably goes in a different thread, but I'm about 40K miles away from hitting Diamond status. Any advice on a mileage run to kick in 10K or 20K miles? I live in NY.
Last edited by Liquor and Poker; 09-14-2016 at 09:29 PM.
I guess I am too lazy, stupid or cynical.
I can't even digest the 3 novels in this thread let alone keep a spreadsheet to manage my credit card spending.
I salute or am scared of, not sure which, anyone with that much time and energy on their hands.
Last edited by Incredulity; 09-14-2016 at 11:21 PM.
About the chase 5/24 rule. Is it 5 chase cards in 24 months, 5 credit cards in 24 months, or 5 lines of credit including home auto etc in 24 months?
5 credit cards. But remember, personal cards and business cards are different. If you open up a SWA and UA personal and business you're only at 2/24 despite obtaining 4 cards.
Last edited by spankytoes; 09-15-2016 at 07:02 AM.
Got suggestions for a small business owner?
I don't travel much except for vacation driving trips to Colorado and a yearly business trip to Vegas. I don't stay in hotels except for my trip to Vegas.
I have an Amex Gold Rewards business card with about 900,000 points from business purchases.
Also have a Citi Double Cash card 1% + 1% that I put most of my personal purchases.
I'm thinking I should get the two Southwest cards for trips close to Denver or maybe Park City.
The problem is a lot of the places I like Durango and Crested Butte are no where near Denver.
Also, my threshold of pain for opening and closing accounts is pretty low.
I know it's been said that you generally aren't allowed to pay a debt with a debt, but when I asked Chase if a student loan payment would count towards my $4k spend, this was their vague-ass response:
I would like to inform you that your account has the
below mentioned offer :
- Earn 100,000 bonus points after you spend $4,000 on
purchases in the first 3 months from account opening.
Let me share, purchases do not include balance transfers,
cash advances, cash-like charges such as travelers checks,
foreign currency, and money orders, any checks that access
your account, overdraft advances, interest, unauthorized
or fraudulent charges, or fees of any kind, including an
annual fee, if applicable.
To me, that means I can put a student loan payment on the Reserve card and it will count towards the spend. Am I wrong? Or just an $#@!?
chase doesnt know - a csr certainly doesnt know. and they dont care. if they charge out money under your name, its spending. spending is spending.
what matters is whether your loan holder will accept credit card as payment. most wont, as it incurs a processing fee. or if they do, they will tack on a fee, which will likely offset any rewards you hope to accumulate.
FYI, right now you can convert Amex points to British Airways avios with a 50% bonus. So, instead of the usual conversion rate, it's 1.2 avios for every 1.0 Amex point. Pretty nice.
As spanky states, you can use BA points to book AA flights in the U.S. at a much better rate. For instance, I just booked 4 flights from DFW to GUC for a ski trip. Round trip through AA.com would have cost 25,000 miles/points. Through British Airways, it cost 15,000 round trip. With the Amex conversion bonus going on, I used 50,000 Amex points for the 4 flights which works out to 12,500 points per round trip flight. Not bad.
Thoughts? Anyone use it and is the Chase redemption process pretty easy?
My current every day card is Capital One Venture, which gives 2 points for every $1 spent. I like the simplicity of it, but I try to mix in these other cards to take advantage of signup bonuses.
Chase Sapphire Reserve is a fantastic card. The $300 travel credit can be used in January and December for a total of $600 per year. You also get 3X points for travel and dining and most view Chase UR points as one of if not the most valuable points out there. It also gives lounge access so you don't have to mingle with the peons at airports.
That guy mastered the art of travel. He writes a popular blog so airlines and hotels invite him on their services for free and credit card companies pay him for affiliate sign ups
Spanky (or others),
Thanks for taking the time to post, it really is helpful to know this information is available if you just work for it.
On SWA companion pass, can my wife and I get the personal business cards and get this status then each of us adding one of our under 18 children as a companion? I would imagine they have it set up where a family of 4 can't pull this off (I have a family of 5). sorry if this has already been covered.
one follow up, with the Chase Sapphire and Ink cards, you are talking about transferring points to different mileage programs. Do those points transfer to miles on a 1:1 basis, said differently you aren't actually booking through the "Chase Ultimate Experience" or whatever benefit program they are pimping?
Got my sapphire reserve in time for my trip to SF. Did not know that they flagged Uber charges as travel expenses so got all of those credited immediately along with the BART charges I made.
muchas gracias my friend.
I haven't gotten my metal one yet, just the plastic version. Not that it makes a difference, but dammit I want it.
My Chase Sapphire Reserve is in the mail apparently. About to book a trip to NYC so Ill eat up that $300 travel credit almost instantly.
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