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Originally Posted by psychtobe
(Post 6911266)
I second this. Most, if not all Chase cards charge 0% with fair wholesale forex rates. Many credit unions charge only 1%. I haven't paid more than wholesale on a credit card in quite some time.
International Transactions: 3% of the U.S. dollar amount of the transaction, whether originally made in U.S. dollars or converted from a foreign currency. http://www.chase.com/ccp/jsps/cards/...ourcecode=64GZ Cheers |
Originally Posted by leandrorar
(Post 6911391)
Chase also charges 3%. At least for the Continental Airlines co-branded mastercard:
International Transactions: 3% of the U.S. dollar amount of the transaction, whether originally made in U.S. dollars or converted from a foreign currency. http://www.chase.com/ccp/jsps/cards/...ourcecode=64GZ Cheers |
Can we get back to TY Points, Please!
The responses seem to be off topic at this point.
From post #36 thru #47, foreign currency exchange rates were the focus. However, we already have an ongoing thread on that topic: Best card for foreign exchange?. IIRC, most people are not happy about Amex exchange rates. IMHO, this line of discussion belongs there. Can we please move back to OP's original inquiry and discussion about Premier Pass Elite/TY points? I am considering getting a new CC since Chase is changing their terms to strickly no sign-up bonus miles. I haven't paid any attention to TY points until very recently. Reading this thread helped me quite a bit in terms of learning about TY points before it got "off-road." Thank You, even though I can't give out TY points. :p |
Originally Posted by lin821
(Post 6911847)
The responses seem to be off topic at this point.
From post #36 thru #47, foreign currency exchange rates were the focus. However, we already have an ongoing thread on that topic: Best card for foreign exchange?. IIRC, most people are not happy about Amex exchange rates. IMHO, this line of discussion belongs there. Can we please move back to OP's original inquiry and discussion about Premier Pass Elite/TY points? I am considering getting a new CC since Chase is changing their terms to strickly no sign-up bonus miles. I haven't paid any attention to TY points until very recently. Reading this thread helped me quite a bit in terms of learning about TY points before it got "off-road." Thank You, even though I can't give out TY points. :p TY is a good program. The pros are: 1. Many cards can earn 2+ points per dollar spent. You can get a $100 gift card for 10,000 points. Thus, you are often getting 2% or more return for each dollar spent. 2. PP Elite earns 2 points per $ for regular spending and 4 points per $ for select spending, if you include the matching flight points. This is a pretty good return. If you keep flying you will always earn 2% plus! 3. You can have multiple cards and tailor your spending to the benefits of the card, e.g. Citi Professional earns 3pts for restaurants, car rentals, etc. 4. You can get decent coach tickets with your points. Those tickets earn miles on the airline. The cons are: 1. You cannot convert points to miles in another program. 2. Merchandise rewards are limited and expensive. I have MR, Diners, TY, and Merrill+ rewards. I personally like TY the best. However, I use my TY points for gift cards because I earn plenty of hotel and airline points elsewhere. |
Originally Posted by awake_at_midnight
(Post 6912717)
TY is a good program. The pros are:
3. You can have multiple cards and tailor your spending to the benefits of the card, e.g. Citi Professional earns 3pts for restaurants, car rentals, etc. 4. You can get decent coach tickets with your points. Those tickets earn miles on the airline. The cons are: 1. You cannot convert points to miles in another program. 2. Merchandise rewards are limited and expensive. Another HUGE con is, you can not collect regular points with non PremierPass cards towards the Premier Pass account. So, even if you spend around $1,000 - 2,000 a month you still will be waiting around 10 month in order to redeem those 15k flight points. Pro is you don't have to have AAdvantage Citi Card/USAirways/Alaska etc... since this card posts all the flight points to those FF programs and to TY network. Looks like this card is good only for those who fly often anough to collect 100 000 flight points in an year and do spend at least 3k to 5k a month. |
Originally Posted by localbum
(Post 6914018)
Another HUGE con is, you can not collect regular points with non PremierPass cards towards the Premier Pass account. So, even if you spend around $1,000 - 2,000 a month you still will be waiting around 10 month in order to redeem those 15k flight points.
Pro is you don't have to have AAdvantage Citi Card/USAirways/Alaska etc... since this card posts all the flight points to those FF programs and to TY network. Looks like this card is good only for those who fly often anough to collect 100 000 flight points in an year and do spend at least 3k to 5k a month. Hmmm.... Suppose you build up around 100,000 flight points on your PP Elite Card. The next $100,000 that you spend will earn 2 points per $. I am in that situation. It is not a bad scenario. |
why go through this again? its a fine program, but different people want different things. thank you network really has no appeal to me personally.
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I'd have to add a vote to the "deceptive" category, and I'm a lawyer. When I signed up for this card, I did know what I was getting into because I read everything closely, but the terms are certainly more hidden than most "hidden" terms in other cc offers. Just look at the ad link on top of this very page at this moment (not to mention all of the "funny" tv commercials, which never suggests that all points from these cards are unequal):
http://citi.bridgetrack.com/USC/05/P...C4BEFB01FFF88# Anyway, this card has been worth it for me b/c of the bonus points, but I just don't think I'm going to keep it. |
yeah it ain't in the fine print.
But as a lawyer you should know that cc cos do much worse than fail to provide full disclosure on their rewards programs. Check out the movie Bull worth. sadly it is the banks and insurance companies that have legislators in their hip pocket. Its only in Jimmy Stewart's naive imagination that they represent the . And even this misconception is corrected as soon as he shows up in DC |
Originally Posted by psychtobe
(Post 6911266)
I second this. Most, if not all Chase cards charge 0% with fair wholesale forex rates. Many credit unions charge only 1%. I haven't paid more than wholesale on a credit card in quite some time.
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Originally Posted by localbum
(Post 6914018)
Looks like this card is good only for those who fly often anough to collect 100 000 flight points in an year and do spend at least 3k to 5k a month. (ive done enough reading on this card my head is about to explode!) |
Originally Posted by Kagehitokiri
(Post 6919716)
why go through this again? its a fine program, but different people want different things. thank you network really has no appeal to me personally.
Premier Pass Chairman New Chairman are you just trying to get your post count up? you can pad your post count int he AMEX threads.... |
Originally Posted by awake_at_midnight
(Post 6912717)
4. You can get decent coach tickets with your points. Those tickets earn miles on the airline.
Can anyone confirm? What does it say on the e-receipt? Any UA flyers here? |
Originally Posted by BlissWorld
(Post 7095473)
Does this only work with the tickets you book on thankyou network via expedia? How about the fixed option like for 25K points you can get a RT ticket in US. Do those earn FF miles and upgrades as well?
Can anyone confirm? What does it say on the e-receipt? Any UA flyers here? absolutely it works with the fixed-point option - that's the whole value of the program. Once the ticket is purchased, it looks to your airline for all practical purposes like you paid cash. You earn EQMs, EQSs, banked miles, upgrades, and whatever else UA throws your way. |
Hello. I am new to this forum and found it while researching the Citi PP Elite card. I have already applied for it and can't wait to start using it! I got lucky and found the link to the offer with the annual fee waived. That same link now redirects to a different URL, so the offer is no longer there.
While reading various threads about the PP Elite, I noticed several complaints about the Flight Points redemption rules. Please correct me if I am wrong, but isn't the PP card the only credit card to offer such points? Do any other CC companies give you flight points - redeemable on ANY airline - for the miles you fly, on top of the points earned for purchasing the ticket(s) with your CC? If not, why would anyone complain about the PP's redemption rules? For my spending and travel habits, the Citibank "ThankYou Network" was the most appealing. I currently have a CapitalOne MilesOne card for my business and a United Mileage Plus Visa for everything else, each earning separate points. Now, I can get a CitiBusiness PremierPass and a PremierPass Elite and combine points earned on the same ThankYou account. Who else offers this kind of flexibility? Aren't the Flight Points just icing on the cake? P.S. No, I am not affiliated with Citibank. I just like what they offer :) |
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