- Platinum Member
- Posts: 82
- Joined: Tue Jan 28, 2014 5:29 am
- Location: United States
I think the preferred is worth it if you can get a value of 1.5 or greater out of MR. If you can, you net 6.75 on groceries and 2.25 on uncategorized, which is about the best you'll find.
I think it's also worth noting that it's set up to be a card you put almost all your spending on, meaning you're going to have a lot of MR points to use. Unless you regularly fly/book hotels that have good MR redemption, it would be easy for the points to pile up.
Personally I won't get it because I don't have an established travel schedule or location, aka I'm not settled in for good yet. If I end up living somewhere where I know I'm going to take a lot of flights with good MR redemption rates, I'd definitely consider this card.
Chase Freedom + Discover IT + Churning