Cards for bonuses

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
36 posts
silver6054
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Joined: Mon Nov 05, 2012 5:28 pm
Location: boston

Postby silver6054 » Sun Apr 14, 2013 12:58 pm

Well, the normal (non-bonus) claim for CSP is the great value you get by moving points over to partners, particularly for premium cabin airfare, people getting 5-10c per point. Of course, the right Ink cards also do this, and I don't think people would defend CSP over Ink, just that a number of people are reluctant to apply for a "business" card.


cashback
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Joined: Mon Oct 22, 2012 7:11 pm
Location: NY

Postby cashback » Sun Apr 14, 2013 1:29 pm

silver6054 wrote:Well, the normal (non-bonus) claim for CSP is the great value you get by moving points over to partners, particularly for premium cabin airfare, people getting 5-10c per point. Of course, the right Ink cards also do this, and I don't think people would defend CSP over Ink, just that a number of people are reluctant to apply for a "business" card.


That's another thing too. People claim to be getting 5-10 cents per point when getting premium cabin airfare, but in normal circumstances, they would never fly anything other than coach.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

FutureBillionaire
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Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Sun Apr 14, 2013 1:48 pm

cashback wrote:That's another thing too. People claim to be getting 5-10 cents per point when getting premium cabin airfare, but in normal circumstances, they would never fly anything other than coach.


I agree that it only makes sense to use the card for purchases you normally make. Otherwise, you are just spending more money.

I have a CSP and I love it. I'm not going to lie and say that the aesthetics of the card don't have an appeal to me. I also value that I can transfer the points to Southwest. I fly them all the time. The first year is free, so I will do an analysis of the benefits. Still, I love plunking that card down for a payment. Combined with the Freedom, it works well. I could see getting an Ink card to enhance earnings, though.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

3MDR
Green Member
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Posts: 11
Joined: Fri Apr 05, 2013 11:08 am
Location: Colorado

Postby 3MDR » Sun Apr 14, 2013 6:57 pm

cashback wrote:I do have a card that offers 5% with unlimited point accrual. And where do you get 4.28 UR points from? I thought it was one extra point for booking airfare?

Also, Discover offers unlimited cashback when using their shopping mall. They have 5% cashback on most travel sites like expedia, orbitz, hotwire, travelocity and some car rental places. Add the 1% you get from the card and you get 6% cashback for those purchases.

I know the many benefits of the UR mall, but a card that gets 2x points on dining and travel just isnt worth it. Its like people defend the CSP because the UR mall is great. You can get the same UR mall benefits with the Ink card. And with that, you can get 5x on a lot of your purchases if you're smart about it... Then, I could justify an AF.


I have a USBank Cash+ card as well but I don't use it when I'm outside of the US because of the 3% foreign transaction fee. Two rotating 5% categories are nice indeed.

[4.28UR]
2.14X for Sapphire Preferred (2X and 7% annual dividend) and another 2.14X for booking with Travelocity through the Ultimate Rewards Mall.

Not all merchants in Asia and Europe accept Discover. I like my Discover IT card but it will never replace a good visa card when I'm travelling.

My next card will be Chase Ink Plus. I might end up downgrading CSP to CS and just get the Plus for my business.

cashback
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Joined: Mon Oct 22, 2012 7:11 pm
Location: NY

Postby cashback » Sun Apr 14, 2013 10:03 pm

Makes sense... I still say there are better options out there for purchases and there are many cards out there with no FTF. The $95 AF makes the card not worth it.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

3MDR
Green Member
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Posts: 11
Joined: Fri Apr 05, 2013 11:08 am
Location: Colorado

Postby 3MDR » Sun Apr 14, 2013 10:23 pm

cashback wrote:Makes sense... I still say there are better options out there for purchases and there are many cards out there with no FTF. The $95 AF makes the card not worth it.


Can you name a few cards with no FTF and AF that also offer at least 2% bonus in popular/all categories?

cashback
Centurion Member
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Posts: 793
Joined: Mon Oct 22, 2012 7:11 pm
Location: NY

Postby cashback » Sun Apr 14, 2013 10:48 pm

Id rather have the CapOne Cash Rewards or Venture card over the CSP when it comes to use out of the country. At least the Venture is 2% on everything with a lower AF. This is all relative to how much you spend though. Can you give an estimate of your yearly expenses out of the country? Not including booking the airfare.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

DavidNY
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Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Mon Apr 15, 2013 10:05 am

I like BofA Travel Rewards, no FTF or AF and 1.5%-1.65% back on travel.

FutureBillionaire
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Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Apr 15, 2013 10:17 am

DavidNY wrote:I like BofA Travel Rewards, no FTF or AF and 1.5%-1.65% back on travel.


I thought about converting my cahs rewards card to that card. But, I need the grocery bonus.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

DavidNY
Centurion Member
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Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Mon Apr 15, 2013 10:18 am

FutureBillionaire wrote:I thought about converting my cahs rewards card to that card. But, I need the grocery bonus.


Groceries only get 2%. You could just get a 2% card for that.



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