Aug 28, 2014, 11:49 am
Last edit by: philemer
The revised July 23, 2014 CSP Guide to Benefits (BGC10374) may be found at this landing page (or directly at this location).
The CSP program rules/agreement (as of 7/24/14; RPC0444_0477) may be found at this landing page or directly at this location.
Changes to U.R. program recently announced. See post #1314.
The CSP program rules/agreement (as of 7/24/14; RPC0444_0477) may be found at this landing page or directly at this location.
Changes to U.R. program recently announced. See post #1314.
Ultimate Rewards & CSP Benefit Changes
Jul 28, 2011, 2:24 pm
#31
Join Date: Oct 2007
Location: L.A.
Programs: WN A-list & CP, Delta GM
Posts: 448
Mia is right - transfer is always 1:1 while 25% bonus applies only to travel redemption thru UR.
I have a review on the enhanced card and a little comparison with Amex PR Gold in http://drcreditcard.weebly.com/chase...preferred.html
To compare two cards directly is difficult. It all depends on your spending and if you have a lot of foreign transactions. If your annual spending is just above 30K, PR Gold with the 15K point booster very likely will trump Sapphire Preferred unless you have huge spending on hotels, rental cars, etc and/or in foreign countries. If your annual spending is far beyond 30K to justify paying annual fees for both, having both will probably be a good idea.
The transfer rate is 1:1, exactly the same as from Membership Rewards. Chase does not offer a 25% transfer bonus, they offer $0.0125 per point if you use the points to purchase airfare. If you spend $30,000 per year on Premier Rewards Gold American Express awards 15,000 bonus points. Chase would award less than 4,000 bonus points for the same spend.
I have a review on the enhanced card and a little comparison with Amex PR Gold in http://drcreditcard.weebly.com/chase...preferred.html
To compare two cards directly is difficult. It all depends on your spending and if you have a lot of foreign transactions. If your annual spending is just above 30K, PR Gold with the 15K point booster very likely will trump Sapphire Preferred unless you have huge spending on hotels, rental cars, etc and/or in foreign countries. If your annual spending is far beyond 30K to justify paying annual fees for both, having both will probably be a good idea.
The transfer rate is 1:1, exactly the same as from Membership Rewards. Chase does not offer a 25% transfer bonus, they offer $0.0125 per point if you use the points to purchase airfare. If you spend $30,000 per year on Premier Rewards Gold American Express awards 15,000 bonus points. Chase would award less than 4,000 bonus points for the same spend.
Jul 29, 2011, 4:55 am
#32
Join Date: Sep 2008
Posts: 701
I have a review on the enhanced card and a little comparison with Amex PR Gold in http://drcreditcard.weebly.com/chase...preferred.html
You can find specific examples here:
Chase Ultimate Reward (Sapphire Card & others) Hotel Rate inflation
Jul 29, 2011, 1:26 pm
#33
Join Date: Oct 2007
Location: L.A.
Programs: WN A-list & CP, Delta GM
Posts: 448
That is good to know!
Most frequent travelers won't book through 3rd party anyway due to lack of stay/night credits, points, and elite benefits. I know there are exceptions. Priceline/Hotwire type of opaque booking is different though since they are lower than BAR.
Airfare booked through UR does not incur booking fees (unlike Amex Travel booking) - that is why Sapphire can rival Amex PR Gold in most airfare purchases. Of course, for some tickets you just can not get this one extra point through UR since they are not sold through 3rd party, for example Southwest, while PR Gold will still give you 3x.
Most frequent travelers won't book through 3rd party anyway due to lack of stay/night credits, points, and elite benefits. I know there are exceptions. Priceline/Hotwire type of opaque booking is different though since they are lower than BAR.
Airfare booked through UR does not incur booking fees (unlike Amex Travel booking) - that is why Sapphire can rival Amex PR Gold in most airfare purchases. Of course, for some tickets you just can not get this one extra point through UR since they are not sold through 3rd party, for example Southwest, while PR Gold will still give you 3x.
Good write-up although you really don't net 3.21% at hotels through Ultimate Rewards (UR) as the site adds 11% to the BAR (and then rounds UP to the nearest dollar). So your net at hotels through UR is negative 7.5% (Airlines seem to be at market rates w/o the markup)
You can find specific examples here:
Chase Ultimate Reward (Sapphire Card & others) Hotel Rate inflation
You can find specific examples here:
Chase Ultimate Reward (Sapphire Card & others) Hotel Rate inflation
Jul 29, 2011, 2:55 pm
#34
Join Date: Jan 2010
Location: New Jersey
Programs: UA Plat 1MM, Hyatt Plat, SPG Gold/SVN 3 Star Elite, ICG Plat Ambassador
Posts: 242
Jul 30, 2011, 12:44 pm
#35
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
The transfer rate is 1:1, exactly the same as from Membership Rewards. Chase does not offer a 25% transfer bonus, they offer $0.0125 per point if you use the points to purchase airfare. If you spend $30,000 per year on Premier Rewards Gold American Express awards 15,000 bonus points. Chase would award less than 4,000 bonus points for the same spend.
Jul 30, 2011, 10:06 pm
#36
Join Date: Jun 2011
Location: Flyover Territory
Programs: Hilton Diamond
Posts: 687
timeshare fees
Thanks
Aug 1, 2011, 11:59 am
#37
Join Date: Jul 2011
Posts: 1,634
Transferring points
I am considering applying fora Chase Sapphire card for me and also for my wife. I wanted to use the points for Hyatt rewards. Is it possible to transfer points between Chase Sapphire accounts? If we each get 50k, can she transfer hers to me so I have 100k? I feel like it would be easier to book hotels (or flights, but right now I'm thinking about hotels) with all the points in one bucket.
Thanks.
Thanks.
Aug 1, 2011, 12:34 pm
#38
Join Date: Feb 2003
Location: On strike
Posts: 8,135
I am considering applying fora Chase Sapphire card for me and also for my wife. I wanted to use the points for Hyatt rewards. Is it possible to transfer points between Chase Sapphire accounts? If we each get 50k, can she transfer hers to me so I have 100k? I feel like it would be easier to book hotels (or flights, but right now I'm thinking about hotels) with all the points in one bucket.
Also, welcome to FT!
Aug 1, 2011, 1:13 pm
#39
Join Date: Jan 2010
Location: New Jersey
Programs: UA Plat 1MM, Hyatt Plat, SPG Gold/SVN 3 Star Elite, ICG Plat Ambassador
Posts: 242
It was the maintenance fee...which I paid early to get the $3K spend quickly.
Aug 1, 2011, 6:00 pm
#41
Join Date: Jun 2011
Location: Flyover Territory
Programs: Hilton Diamond
Posts: 687
Thanks!
Aug 1, 2011, 9:22 pm
#42
Join Date: Jul 2011
Posts: 1,634
? Slightly confused...
So here's another question. I just applied for the Sapphire card for me and separately for my wife online. I got "decision pending", saying they'll tell me within 10 to 30 days. My wife got approved immeidately. Is that weird? The only card we've opened recently is the Amex Platinum (which we both opened a couple of weeks ago). I have the UMP Chase Visa from back in the day, but I opened that 5+ years ago -- is there any chance that's keeping me form getting approved for the Sapphire? is there any way I can call or otherwise expedite the decision on my card
Aug 1, 2011, 9:54 pm
#43
Join Date: Dec 2005
Location: NYC
Programs: SPG, AA, BA, CO, UA, US, B6, DL, Amex MR, HH
Posts: 1,009
So here's another question. I just applied for the Sapphire card for me and separately for my wife online. I got "decision pending", saying they'll tell me within 10 to 30 days. My wife got approved immeidately. Is that weird? The only card we've opened recently is the Amex Platinum (which we both opened a couple of weeks ago). I have the UMP Chase Visa from back in the day, but I opened that 5+ years ago -- is there any chance that's keeping me form getting approved for the Sapphire? is there any way I can call or otherwise expedite the decision on my card
Aug 1, 2011, 10:10 pm
#45
Join Date: Jun 2011
Posts: 18
If you want to appeal/inquire as to the status, a number of people have had great lucking calling 888-245-0625. That's the department who makes the call and can tell you the status, and can sometimes approve (or disapprove you) during the call.