cc rewards pgm differences

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amex007
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cc rewards pgm differences

Postby amex007 » Tue Apr 28, 2015 11:03 pm

So I am curious about the Thank You points reward pgm vs Arrival pgm vs Venture pgm.

I heard Venture is just like a cash back pgm bc there are technically not miles, they just say they are.
I am familiar with MR and UR but don't know what Thank You or Arrival points.
Maybe if their rewards programs carry some use, then I might app for one.
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CarefulBuilder14
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Re: cc rewards pgm differences

Postby CarefulBuilder14 » Wed Apr 29, 2015 12:09 pm

amex007 wrote:So I am curious about the Thank You points reward pgm vs Arrival pgm vs Venture pgm.

I heard Venture is just like a cash back pgm bc there are technically not miles, they just say they are.
I am familiar with MR and UR but don't know what Thank You or Arrival points.
Maybe if their rewards programs carry some use, then I might app for one.


Arrival lets you take a statement credit to offset travel purchases you've already made. If you take "non-travel cash back" the redemption rate is bad.

I think Venture works the same way.

Thank You points are like UR points - you can earn them on multiple cards, but you need an AF-based card to transfer them to travel partners. TY points (I think) do give a lot of flexibility if you're willing to jump through the hoops of getting to a US airline by booking through the loyalty program of a non-US alliance partner. Cash redemption is bad.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

amex007
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Re: cc rewards pgm differences

Postby amex007 » Wed Apr 29, 2015 1:12 pm

CarefulBuilder14 wrote:
amex007 wrote:So I am curious about the Thank You points reward pgm vs Arrival pgm vs Venture pgm.

I heard Venture is just like a cash back pgm bc there are technically not miles, they just say they are.
I am familiar with MR and UR but don't know what Thank You or Arrival points.
Maybe if their rewards programs carry some use, then I might app for one.


Arrival lets you take a statement credit to offset travel purchases you've already made. If you take "non-travel cash back" the redemption rate is bad.

I think Venture works the same way.

Thank You points are like UR points - you can earn them on multiple cards, but you need an AF-based card to transfer them to travel partners. TY points (I think) do give a lot of flexibility if you're willing to jump through the hoops of getting to a US airline by booking through the loyalty program of a non-US alliance partner. Cash redemption is bad.


Ah I see. Thanks for the info.
It looks to me like Arrival and Venture just gives you statement credits for travel at a 1:1 ratio but you earn the pts at like 2%. Not too appealing. Might as well just do the Citi DC if you want something like that.

TY points do seem similar to UR pts although UR pts has decent cash redemption.
I was mainly looking to see if there were any other point system besides MR and UR that could be taken advantage of without an AF-card. I guess the answer is no.
Amex Gold NPSL | Amex ED 28500 | Barclaycard Arrival 17500 | Hyatt visa signature 5000
sockdrawer-- GM 4000 | Unionplus 2200
EX 795 EQ 786 TU 790

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CarefulBuilder14
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Re: cc rewards pgm differences

Postby CarefulBuilder14 » Wed Apr 29, 2015 2:24 pm

amex007 wrote:Ah I see. Thanks for the info.
It looks to me like Arrival and Venture just gives you statement credits for travel at a 1:1 ratio but you earn the pts at like 2%. Not too appealing. Might as well just do the Citi DC if you want something like that.

TY points do seem similar to UR pts although UR pts has decent cash redemption.
I was mainly looking to see if there were any other point system besides MR and UR that could be taken advantage of without an AF-card. I guess the answer is no.

The main appeal of the regular Arrival is that it's a Chip+PIN, no-FTF, no-AF MC. It can be convenient for international travel. Rewards are a secondary consideration.

Cash redemption really shouldn't be a consideration with transferrable points. Say I have 30,200 transferrable points. My focus should be on getting 2 cpp or more for 30,000 of the points. If the last 200 points are worth less than 1 cpp as a statement credit or on Amazon, it's really not a big deal.

I once thought of MRs as inferior to cash. Those days are behind me. If I can't get a good value for them, I save them and purchase travel with "cash" (PRG or CSP).
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

takeshi
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Re: cc rewards pgm differences

Postby takeshi » Thu Apr 30, 2015 10:38 am

CarefulBuilder14 wrote:I once thought of MRs as inferior to cash.

It all depends on redemption method. They can be worth less $0.01/point.



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