Originally Posted by
bostonbali
Hoping to get the expert's advice with my situation. Our AF came due on our CSR (spouse's) and CSP (conversion from a Fairmont card). Figured it's time to consolidate some of our UR-generating cards. Here is as summary of our cards:
Me- Chase Freedom (not Freedom unlimited), $0 AF
- Chase Ink Business Plus, $95 AF
- Chase Sapphire Preferred (conversion from Fairmont card), $95 AF billed 2/1
Spouse- Chase Sapphire Reserve (2018 $300 Travel Credit already redeemed, $450 AF billed 2/1)
A few other relevant points:
- Combined UR balance = 880K points
- I am well over 5/24. My spouse is under 5/24
- Would like to preserve the ability to transfer UR points to airlines/hotels
- Don't need the Priority Pass that comes with CSR, as one of us (me) already has that with Citi Prestige AND Amex Plat
- I like getting GC's and prepaid cards (when on sale) at office supply stores using Ink 5x
Which cards should I keep/downgrade/close?
Thanks,
Bostonbali
Ink Cash for no-annual-fee can get you the same 5x in the same categories as Ink Plus. That leaves CSP and CSR to decide between. Going forward, basically a $55 difference in AF between the 2 cards factoring in the travel credit.
One way to decide: Given your large amount of UR points, if you ever use the UR portal to redeem points for travel, you may want to consider keeping CSR and downgrading CSP. Redeeming only 22k UR for travel using CSR's portal at 1.5 cpp vs CSP's portal at 1.25 cpp makes up the entire $55.
Another way to decide is to look at your annual dining/travel expenses. The extra UR received for using CSR for those purchases might be worth the extra $55 to keep it.
Hope this helps.