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 most of your spending is through travel purchases, the Chase Sapphire Preferred is a better option since you will earn double points on ALL travel. Since you're on the road you will also (presumably) have a lot of dining expenses which will also earn double points.
The AMEX SPG card is recommended because you earn an effective rate of 1.25 miles per $1 when you transfer in increments of 20,000 miles.
But in your situation,you'll earn 2 points $1 if you transfer Chase Ultimate Rewards points to Hyatt, and the Chase Sapphire Preferred may be the better card.