Best way to use my Freedom points?

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
31 posts
FutureBillionaire
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Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Mar 25, 2013 5:02 pm

Calipso wrote:Not always. Southwest added an extra row of seats to certain planes. As someone who is 6'1", it is certainly not comfortable.

I just buy the EBCI for $10-$12.50 and hope for the best. As long as I get an aisle seat I'm fine.


I'm 6'2" and like the window seat. It isnt' the most comfortable all the time, but I guess I make do. It is a matter of principle to support the airline that doesn't gouge me with fees and has fantastic customer service.
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


dragon452
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Location: South Florida

Postby dragon452 » Sat Apr 19, 2014 4:42 pm

I have two chase Freedom Cards: a Visa and a MasterCard. When I pile up enough points (100 pts = $1.00), and I have nothing to spend it on, I simply turn the points into a cash credit and pay down my balance (with two Freedom accts. I can combine the points from both into one lump sum as well). Something to consider.

wiivile
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Posts: 151
Joined: Mon Apr 22, 2013 10:05 pm
Location: New York, NY

Postby wiivile » Mon Apr 21, 2014 7:14 am

Why are you all so tall?
    Chase Sapphire Preferred Visa Signature: 11/2013, $15,000 CL
    Chase Freedom Visa: 11/2009, $4,700 CL
    U.S. Bank Cash+ Visa Signature: 11/2013, $11,200 CL

Patcell87
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Joined: Fri Mar 14, 2014 4:55 am
Location: Bergen County, NJ

Postby Patcell87 » Mon Apr 21, 2014 12:01 pm

As many others have said, the best value it going to be to transfer the UR points to CSP or another Chase premium card that allows transfers to partner frequent travel programs. Other than that, try and buy gift cards through the UR mall at a discount; occasionally you will see deals like 2000 points for a $25 gift card, for example... Cash back will be 1 cent per point.

FutureBillionaire
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Posts: 1590
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Apr 21, 2014 12:46 pm

I'm a happy camper.
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

samhradh
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Posts: 388
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Location: United States

Postby samhradh » Mon Apr 21, 2014 2:22 pm

I keep it simple and redeem for statement credits. With no plans to get the CSP in the near future, I decided that nothing beats free.
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).

Patcell87
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Posts: 63
Joined: Fri Mar 14, 2014 4:55 am
Location: Bergen County, NJ

Postby Patcell87 » Mon Apr 21, 2014 2:33 pm

samhradh wrote:I keep it simple and redeem for statement credits. With no plans to get the CSP in the near future, I decided that nothing beats free.


Nothing wrong with that! It is an excellent cash-back card for category spending.

wiivile
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Joined: Mon Apr 22, 2013 10:05 pm
Location: New York, NY

Postby wiivile » Mon Apr 21, 2014 3:58 pm

Does transferring to Southwest really give you that much more value than just getting cash back? Especially when considering that you have to pay the $95 annual fee for the CSP in order to do so?
    Chase Sapphire Preferred Visa Signature: 11/2013, $15,000 CL
    Chase Freedom Visa: 11/2009, $4,700 CL
    U.S. Bank Cash+ Visa Signature: 11/2013, $11,200 CL

Patcell87
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Posts: 63
Joined: Fri Mar 14, 2014 4:55 am
Location: Bergen County, NJ

Postby Patcell87 » Mon Apr 21, 2014 4:14 pm

wiivile wrote:Does transferring to Southwest really give you that much more value than just getting cash back? Especially when considering that you have to pay the $95 annual fee for the CSP in order to do so?


I don't know the math off hand, but yes, if you transfer wisely you can eek out much more than just 1 cent per point. For example, a few months back I flew round trip on British Airways from Newark to LA by transferring 25,000 UR points to British Airways Avios. Paying cash for the same flight I couldn't find better than $500. That works out to 2 cents per point; double the value of straight cash back. You also get many other benefits with the CSP... Travel insurance, lost baggage reimbursement, etc...

Just my 2 cents. No pun intended...

takeshi
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Location: US

Postby takeshi » Tue Apr 22, 2014 8:25 am

wiivile wrote:Does transferring to Southwest really give you that much more value than just getting cash back? Especially when considering that you have to pay the $95 annual fee for the CSP in order to do so?

Depends on the flight. You'd have to do the math to compare.



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