- Centurion Member
- Posts: 4047
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
solomon wrote:Currently Chase Sapphire Preferred is offering 50,000 points with a $4000 purchase in 3 the first three months. Since this purchase is about 95% of the $4000 I have to buy within the first three months.
I already have 43000 points with Chase Freedom. I can merge my 50,000 with my 43,000.
My only concern is that the Chase Sapphire Card is rumored to suck now and is put in the sock drawer.
Are there better options?
Have you opened five or more accounts within the last 24 months?
Chase has (last I checked) been declining many people with a lot of new accounts under the so-called "5/24 rule" for CSP and Freedom.
ETA: If you just want the cash, and don't want to bother with transfer partner loyalty programs, I see nothing wrong with taking the URs as cash. Chase won't like it when you close the CSP, but most of the other good cards Chase offers are meant for people who participate in loyalty programs. In that light, you wouldn't really be missing out on anything.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech