Originally Posted by lwildernorva

No, no, no, no, no. The Chase Freedom, despite its modest profile, is a great card to have in combination with the Chase Sapphire Preferred. Why? The CSP has two bonus categories, travel and dining, that earn 2 UR points per dollar spent. The Freedom, designated as a cash back card, actually earns points that can be transferred to a UR account IF you have a CSP or an Ink Bold or Ink Plus. Even better, the Freedom's quarterly bonus categories (for which you must remember to register--there's nothing automatic about these earning categories) will eventually get you 5 UR points per dollar instead of 1, up to a maximum of 6K bonus points per quarter.

Here's a thread on the upcoming bonus categories: http://www.flyertalk.com/forum/credi...ategories.html.

In short, keep the card. And since you're in New York, open a Chase checking account if you don't already have one: http://thepointsguy.com/2012/04/maxi...nk-bold-combo/.

This combination is one way that folks with modest spending patterns can earn a lot more miles.