FlyerTalk Forums - View Single Post - Sapphire Reserve 60k, $4,000 spend in 3 months, $550 fee.
Old Nov 25, 2020 | 7:29 am
  #1136  
Chris2013
10 Years on Site
 
Join Date: Oct 2012
Location: NW Iowa
Programs: Hilton Gold, Marriott Gold Elite, Hyatt Explorist, IHG Platinum Elite, Delta Silver Medallion
Posts: 378
Originally Posted by pallhedge
Earning points (aside from the 100k welcome bonus), has never been my primary reason for holding the CSR. For me, redeeming points at 1.5cpp is the reason. Even at $550, all you need to redeem in the portal or PYB is about 60k UR to make up for the difference an annual fees between CSR (less the travel credit) and either CSP or CIP. For me, that's a no-brainer.
I guess I find more value in transferring UR points to either Hyatt or United where I can get, at a minimum, 2 cents per points versus redeeming at 1.5 cents through the portal. And I can do that with the CSP.

The CSR used to be a great EARNINGS card and I racked up hundreds of thousands of points on it but it seems it's been devalued by having many of those perks go to no AF cards like the CFU and CFF.
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