FlyerTalk Forums - Does Blue Sky Preferred beat CSP?

FlyerTalk Forums (https://www.flyertalk.com/forum/index.php)

- Chase | Ultimate Rewards (https://www.flyertalk.com/forum/chase-ultimate-rewards-722/)

- - Does Blue Sky Preferred beat CSP? (https://www.flyertalk.com/forum/chase-ultimate-rewards/1561998-does-blue-sky-preferred-beat-csp.html)

Does Blue Sky Preferred beat CSP?

https://www304.americanexpress.com/c...sky-preferred/

2X points on dining, flights, hotel, and cars with 1% unlimited back everywhere else. $75 fee and 2.7 FTF.

Every 7,500 points gets you $100 back in statement credit when used to pay back for expenses.

Isn't this better than the CSP if not taking into account sign on bonus, transfer partners, and Freedom/Ink?

Quote:

Originally Posted by cotr (Post 22558188)

2X points on dining, flights, hotel, and cars

Flights do not earn 2X

Quote:

You will earn an additional 1 point (2 points total) for each dollar of eligible purchases made at restaurants located in the U.S., for hotel stays charged directly with the hotel (timeshares, banquets and events, travel packages and hotel rooms paid for through a travel agent or travel website are excluded), and for car rentals charged directly with select major car rental companies (the current list of select major car rental companies at which you can earn an additional 1 point is available at americanexpress.com/rewards-info).

Quote:

Originally Posted by cotr (Post 22558188)

... 1% unlimited back everywhere else.

It's 1.33% everywhere else, because the points are worth $0.0133 each. Ultimate Rewards points are worth $0.0125 when redeemed for paid travel, but when you take into account the Sapphire Preferred 7% annual dividend the redemption value per dollar spent works out to be the same.

No FTF on the CSP.

Keep in mind that better is always highly subjective. You can't just assume that bonuses, transfer partners & other UR cards don't matter to everyone. CSP suits me better but YMMV.

Quote:

Originally Posted by takeshi74 (Post 22559143)

Im heavily invested in my CSP, Freedom, and Ink but the BSP looked a lot less hassily especially with the $100 annual incidental credit.

Totally different cards. For people that know what they're doing, CSP is most likely superior though.

For 7,500 points, depending on transfer partners, you could get over $200 value if used correctly with the CSP. Not to mention the dividend. Not even close.

You may get a few more points with BSP vs CSP, but the UR points are WAY more valuable than BSP points. BSP can only be used for travel reimbursement, while UR can be transferred to airlines, hotels, used for statement credit, or used for travel reimbursement (and with the 20% bump it's almost equivalent to BSP as noted above).