NuHere wrote:Then it's also a question of how fast you can accumulate those points. Yes, 50 000 points would be worth only $500, but if some cash back cards give you more %, the same amount dollars spent might give you the same $500 faster, which would even it out., right?
Citi Double Cash gives 2% on everything. CSP gives 2 points in some categories, 1 point on others. Then it's back to square one... value of points through UR versus how many points would you collect with some higher rate cash back cards.
Yeah, I mean, it's still only a value of just over 2 cents per point (redeeming 50,000 points for a $1000+ flight), which the Citi Double Cash can do easily, however, it does show how the $95 annual fee can be justified even where there isn't one on the Double Cash.
Though if you subtract the $95 AF from the amount saved on the flight, might that bring the value of the points below 2 cents per point, in which case the Double Cash was better all along?
This stuff is very confusing, I'll admit.