Originally Posted by
Texan6
I am looking for a new credit card or cards for every day spend and wanted to get everyone's opinion.
Here is my situation. I fly between 75000 and 100000 miles per year mostly on Continental and also took advantage of the AA Citi bonuses so I am pretty set for airline miles. Because of the way my hotels are billed I get virtually no points for them despite spending about 15 days of the month on the road. Most of my travel is overseas so a card with no foreign transaction fees is very important.
My thought is to get the Chase Sapphire and use that for all food spending and overseas transactions. That way I will be able to transfer those points to Hyatt or Marriott, but also have the option to top off my Continental (United) account if needed. Then I will get the SPG Amex for everything else since everyone seems to think these points are the most valuable. Does that make sense, or is is it smarter to just put everything on the Sapphire Preferred and avoid paying two annual fees?
Thanks,
Texan6
If you are primarily looking for points/miles that are transferrable, I think Chase Sapphire is great option. You can transfer to a lot of partners like UA, CO, Hyatt and Marriott as noted in
this post.
Further, my all time favorite card is Citi ThankYou Premier card as you can earn 2.66 cents per $ spent to be used towards airfares. This is for any purchase, anywhere. Plus it also comes with no forex fee. I no longer find SPG AMEX card to be as useful and prefer to accrue AMEX points instead.
I pretty much follow the strategy in
this blog post.