Hi there,
I've seen a lot of analyses about Chase Sapphire Preferred on here, but nothing that quite matches my personal scenario!

I currently use my Preferred as my main card. I'm debating whether to pay the $95 annual fee or downgrade it to a regular Sapphire card. I know that I lose benefits, but can't quite figure out how to estimate the value. I'm not trying to figure this out based on spend on other cards- simply whether I'll spend enough to make the Preferred annual fee break even.

If I get rid of the Preferred, I'll probably get a Capital One 1.5% cash back card to fill the spot.

1. I'm trying to figure out just how much I need to spend in 2013 to beat out the annual fee. Struggling with the math... any help? Assuming no 7% dividend since that seems to depend on renewing for yet another year?

2. I have no idea if I'll end up using the UR transfers and reduced fares. Which is why I'm trying to base it solely off the annual fee!

Thanks in advance for your help- I'm getting so confused!