- Gold Member
- Posts: 45
- Joined: Mon Oct 17, 2011 12:38 pm
- Location: Jersey City, NJ
I was trying to a find a thread with this topic and it really surprises me that I couldn't find one.
I'm assuming Chase already achieved what they were looking for when they introduced the Sapphire Preferred since they are dropping some of the card's benefits.
The ones that bother me:
1- No more 7% dividend at the end of the year! 7% annually? some of you may ask... in 2012 (first year with the card) I put $36,000 in it, 30% being travel (which earned bonus points) plus the 50,000 bonus points I earned with the promo offer; not counting what I earned by shopping through the UR mall, restaurants, etc.
Last year I put close to $49,000 in the card with even more travel (big family and they all travel a lot) and UR mall shopping, plus restaurants, plus the 7% from the previous year, etc.
So, if you ask me, 7% back annually was a great deal.
2- No more 1 extra point when you schedule your travel through UR... this really bothers me since my family travels a LOT! and that extra point is what really gives the 7% annually a boost.
They did upgraded the car rental coverage from secondary to primary, which is really good, bit it's a benefit I've never used.
My points is that the 7%, plus the 1 extra point alone gave me back around 20,000 points in 2 years, which equals $200 in cash back or $240 towards travel.
All this really bothers me since I also have a chase Freedom to take advantage of the rotating categories, now I kinda feel like its not worth it anymore.
Am I alone?
1st. Express NEXT --------------$1,990
2nd.Cap1 Platinum MC ---------$3,250
3rd. Discover IT -------------------$5,600
4th. CSP Visa Signature --------$13,000
5th. Citi TY Pref World MC ------$5,900
6th. Freedom Visa Signature ---$7,900
7th. Amex Blue Cash Everyday-$18,000
8th. Barclays Arrival+ WEMC---$13,000