Originally Posted by
Cfc4life
Thanks for all the info guys, the chase TY premiere definitely has its appeal. If I can get all the 30000 spg Amex points by 9/27 I'd be able to transfer to avois and get a 40% transfer bonus? That sounds like a flight to s America! Do the have that promo often?
How valuable are the chase sapphire and citi forward points compared to the SPG points?
A few things. The TY Premier is a Citi card (Citi has the Thank You network, Chase has the Ultimate Rewards program). In general, people consider:
SPG points > UR points > TY points, in terms of value. However, the earning rate can more than make up for that. For example:
You said you spend $1,200/mo on Gas, Groceries, and Dining. Let's say (for ease of math), that's:
$600 groceries
$400 dining
$200 gas
On the SPG, that is:
$1200 * 1 point/$ = 1200 points
1200 * 12 months = 14,400 Starpoints per year
On the Chase Sapphire, that is:
$600 * 1 point/$ = 600 points
$400 * 2 points/$ = 800 points
$200 * 1 point/$ = 200 points
1600 * 12 months = 19,200 UR points
On the Citi Forward, that is:
$600 * 1 point/$ = 600 points
$400 * 5 points/$ = 2000 points
$200 * 1 points/$ = 200 points
2800 * 12 months = 33,600 points
So, many would still argue that 14K Starpoints are more valuable than 33K TY points, but, what I'm trying to demonstrate is the value of making sure your spend that qualifies for a bonus category ends up in one.
Add in the Chase Freedom card that has rotating categories (often with gas or groceries), and you can see how you can earn a lot of points fast.