New to CSP

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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drd1170
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New to CSP

Postby drd1170 » Fri Feb 20, 2015 12:22 am

Hi everyone,
Just got my CSP today with a 12k limit! I''m new to rewards cards so I had a few questions...

-I understand that transferring UR points to airlines, hotels, are more valuable...however, if using the UR website offers a 20% discount, does this even out? Also, I looked at flights through the UR website for fun, and saw that flights cost the exact same as Kayak, airline websites, etc...so where does the discount come in?

-Second, as the CSP is a Visa Signature, to reap the Signature hotel perks, would I still be able to take advantage of them if I booked the same hotel through a travel site, or must it be done through the UR site?

Thanks!


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nismoZtuner
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Postby nismoZtuner » Fri Feb 20, 2015 3:09 pm

drd1170 wrote:Hi everyone,
Just got my CSP today with a 12k limit! I''m new to rewards cards so I had a few questions...

-I understand that transferring UR points to airlines, hotels, are more valuable...however, if using the UR website offers a 20% discount, does this even out? Also, I looked at flights through the UR website for fun, and saw that flights cost the exact same as Kayak, airline websites, etc...so where does the discount come in?

-Second, as the CSP is a Visa Signature, to reap the Signature hotel perks, would I still be able to take advantage of them if I booked the same hotel through a travel site, or must it be done through the UR site?

Thanks!


last year i booked a round trip to puerto rico and my 20% discount was applied before I actually paid for my ticket.. if you book a flight make sure to make an account with the airline that way you also get rewards with the airline
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]
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CarefulBuilder14
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Postby CarefulBuilder14 » Fri Feb 20, 2015 3:45 pm

Be aware that Chase will sometimes quote a price for travel through UR that is well above what you can get elsewhere. A few weeks ago, Chase wanted 20% more for a Marriott room (after adjusting for all taxes) than Marriott.com, Amex travel, or kayak-type sites wanted.

So always verify that you're not overpaying before booking through UR.
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nismoZtuner
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Postby nismoZtuner » Fri Feb 20, 2015 6:06 pm

I got curious and looked over my mail and checked at my itinerary from my trip it only shows the points used and the amount i paid but it does not show a break down of the 20%..

in a few weeks i`m going to get some tickets for Hawaii and hopefully i get that 20% discount...
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

Chase Sapphire Preferred[7.3]

Inquires: TU(?) EX(?) EQ(?)

TCL-$19,800

Age-22

Patcell87
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Postby Patcell87 » Fri Feb 20, 2015 6:19 pm

nismoZtuner wrote:I got curious and looked over my mail and checked at my itinerary from my trip it only shows the points used and the amount i paid but it does not show a break down of the 20%..

in a few weeks i`m going to get some tickets for Hawaii and hopefully i get that 20% discount...


Do you mean you don't see that you received the 20% off on the points you redeemed? If I understand the terms correctly we only get 20% off the portion paid with points, not necessarily 20% off the dollar amount if paying cash. However, if you pay a portion with cash and the rest with points, you should still receive 20% off the amount paid with points.

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CarefulBuilder14
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Postby CarefulBuilder14 » Fri Feb 20, 2015 7:26 pm

One thing to keep in mind...if you're using UR points to buy travel for 20% off, and you plan to keep the card past the first year, you may be better off with an Arrival-type card.

The appeal of UR points is that you might not have a lot of them, but each point can go a long way through transfers...as in 2+ cents per point. If you're not going to go for maximizing UR value and will settle for 1.25 cents per point through 20% off UR travel, then you may be better off earning more points with something like an Arrival+.

If you redeem for 20% off travel, then the CSP acts like a 2.5% cash back card for travel and dining, and a 1.25% card for everything else. Even the no-AF Arrival has 2.2%* on travel and dining, and 1.1%* on everything else. For me, that difference in rewards probably wouldn't justify a $95 AF.

*Edit: Technically, the Arrival cards do earn slightly more, but I won't get into that here. 2.2% and 1.1% are close enough to the real figures to illustrate my point.
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drd1170
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Postby drd1170 » Fri Feb 20, 2015 10:33 pm

CarefulBuilder14 wrote:Be aware that Chase will sometimes quote a price for travel through UR that is well above what you can get elsewhere. A few weeks ago, Chase wanted 20% more for a Marriott room (after adjusting for all taxes) than Marriott.com, Amex travel, or kayak-type sites wanted.

So always verify that you're not overpaying before booking through UR.


Thanks. I have usually used Kayak to book travel...and if I do with my CSP, I will still get double points, correct?

Anyone know about the Visa Signature hotel question I asked?

Patcell87
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Postby Patcell87 » Sat Feb 21, 2015 6:30 pm

drd1170 wrote:Thanks. I have usually used Kayak to book travel...and if I do with my CSP, I will still get double points, correct?

Anyone know about the Visa Signature hotel question I asked?


Yes, you will earn 2 point for every dollar spent on travel expenses. Regardless of where you make the purchase. Although, I think you'll still get 3 points per dollar if purchased through UR.

As far as the Visa Signature hotel benefits are concerned, as far as I understand that is an agreement between the hotel and Visa. It has nothing to do with Chase. In other words, you should be eligible for the Visa Signature hotel collection benefits regardless of how you book your stay.

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nismoZtuner
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Postby nismoZtuner » Sat Feb 21, 2015 7:50 pm

So for my Hawaii trip that I may be taking during June -I was looking at the kayak, Marriott site and also the Hawaiian airlines site and it seems like I get a better deal using Hawaiian airlines (hotel+ flight) compared to booking my stay with Marriott(hotel alone). I have the Marriott Premier rewards CC and want to call Marriott and see what they say about getting beat on deal using their own hotel..

what do you guys think?
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

Chase Sapphire Preferred[7.3]

Inquires: TU(?) EX(?) EQ(?)

TCL-$19,800

Age-22

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CarefulBuilder14
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Postby CarefulBuilder14 » Sat Feb 21, 2015 8:13 pm

nismoZtuner wrote:So for my Hawaii trip that I may be taking during June -I was looking at the kayak, Marriott site and also the Hawaiian airlines site and it seems like I get a better deal using Hawaiian airlines (hotel+ flight) compared to booking my stay with Marriott(hotel alone). I have the Marriott Premier rewards CC and want to call Marriott and see what they say about getting beat on deal using their own hotel..

what do you guys think?


Marriott has nothing in the state of Hawaii below a Cat 6 - so there's no way you can use the free night there, even when the cash price is low.

Marriott points in general aren't very valuable, so earning 5 of them I don't think is any better than getting 2 URs.

The card really seems best for people who stay there a lot and really benefit from status.

I'm not sure how fair it is to compare hotel prices to hotel+flight prices, though.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH, Aviator Red



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