So I'm in using AmEx's Membership Rewards and Blue Cash as my primary rewards program, but after reading an article about Chase I can't stop thinking about switching.
The cards I'd get would be Freedom, Sapphire Preferred, and Ink Classic along with a chase checking account.
Signup bonus equates to a total of 75,000 ultimate points. Freedom also has 15 months 0% APR. The ink classic has 12 months of 0%, and then it goes into a ridiculous 10% apr.Strategy: Rack up points across cards and transfer them into Sapphire/Ink points 1:1
The benefits of having the preferred would be the ability to transfer points into ff programs, which are better for international flights.Reward Base per $:
Freedom 1.1, Sapphire 1.07, and Ink 1Bonus: Freedom 5%
- Rotating (groceries + gas)
Sapphire 2%- travel + diningInk 5%
- Communications (Cell, Cable, TV) and Office Supplies
Ink 2%- Gas + HotelAdditional Bonus:
Freedom has a 10 pt bonus for each transactionPractice:
Anything under $20 use Freedom because a $10 meal will be 21 pts or a $3 cup coffee is 13.3 pts.
<$20 Meals, hotels, and travel: SapphireBills & Gas:
What's great about the Ultimate Rewards program is buying airfare through Chase is at 1:1.25, so on top of everything it even compounds in redemption. Transferring to a couple rewards programs are 1:2. By far, the best thing is you can get statement credits at a penny per point, meaning the signup bonus is 750 cash.
What are your thoughts?