My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we’ll use a 0% APR promotion for bigger purchases.

Which cards do you use for maximizing your rewards?

  • Very_Bad_Janet@kbin.social
    1·
    1 year ago

    I’m glad I’m reading your comment. I had just called Chase this morning and the Chase Sapphire Reserve is now $550/annual fee and the bonus is now 60k points (i think.ot used to be 100k, which is what I got when I signed up.for the Chade Sapphire Preferred card). I was interested in order.to get the bonus points but also for the Chase airport lounges - if I can’t access those.lounges there.might not be any point (no pun intended). ETA: Can you use all of the Priority One lounges?

    What other benefits do you get for that $550? Is the fee waived the first year?

    • WetBeardHairsOPEnglish
      2·
      1 year ago

      They shuffled the rewards around a few years ago due to covid.

      • Free instacart. We used the crap out of it for the first year during covid. Then the terms eroded and it got really expensive.
      • Free Uber priority or Lyft Pink or whatever. That saved us… maybe $10.
      • Free TSA PreCheck. It’s worth $75 every 3 years or so. Maybe prices have gone up.
      • Priority Pass - yeah that thing that gives you access to like 0 lounges now. It was great when I got my card nearly 10 years ago.
      • Rewards points. They dropped Travelocity (thank god) as an intermediary. But now their booking costs are about 10-20% higher than booking directly with the airline/hotel/etc. So we try to bank up our points and use them to purchase whole tickets and we never spend cash through their portal anymore.
      • $300 of travel cash. We’re careful to not book travel with that reimbursement through their portal. The 10-20% markup translates to $30-60 in rewards which, at a 5% cash back rate costs $1200 in travel to recoup.

      Oh and when I signed up they gave me almost $750 in travel credit as a premium. I think I’m going to start churning again because that was the best freakin’ reward.