Vattené wrote:15,000 MR is a good offer for the ED. Since you have cards that earn both UR and MR, I'd lean towards taking that offer all else being equal.
Do you have any experience in redeeming either UR or MR, or do you otherwise have a good idea of what kind of value you can expect from them? UR can be redeemed for cash at 1 cent per point (cpp), but you take a big hit in redemption value of MR if you use them for cash. Since you already have a PRG (which presumably came with an introductory bonus), I'd bet you'd be better off focusing your earning on MR as it can take a good amount of points to be able to transfer and get the best value out of them (UR doesn't disincentivize redeeming in smaller amounts or for cash in the same way) . Your Freedom Unlimited can still be used when you want and treated as a cash back card, or you can always plan on getting a CSP later down the road and bank your UR until that point where you can transfer.
Those are great advice. I was gonna apply for SPG if my everyday got approved since why not scoring two with one pull. I tried Amex Everyday but got denied. Irony, right? Called and got the answer that my history with Amex is too short. I guess they are really picky with multiple new accounts within just 7 months. I did have a 25K bonus from PRG but I have already used that for a booking.
Then I tried CSP. Guess what, instant approval. Not crazy CL but enough for now. And I did bank my bonus 19K UR from CFU. I guess now it's gonna be UR > MR for me.
Anyways, I really appreciate your advice and just wanna share the story.