rackup the points? Chase Ultimate Rewards vs SPG

Discussion in 'Other Credit Card Programs' started by cotter77, Jul 25, 2011.  |  Print Topic

  1. cotter77
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    cotter77 Silver Member

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    I have both cards. SPG AMEX and Chase sapphire preferred
    SPG has the 20% transfer bonus to airlines (mostly i concentrate on CO/UA or AA thanks to their other CC bonuses and promos)
    now Chase UR has 2x points on dining and travel which actually probably dont account for very much total spending for me. Nice promo for eating out. but thats about it

    So i think it still makes more sense to concentrate CC usage on the SPG cards.
     
    cordray2643 likes this.
  2. rajuabju
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    rajuabju Gold Member

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    Dont forget the annual 7% bonus on Chase Sapphire.

    Scenario 1
    100,000 of spend (lets assume no 2x spend for the moment) on Chase = 107,000 points
    100,000 of spend on SPG = 125,000 points

    Scenario 2
    100,000 of spend, with 20% a 2x category = 128,400 points /w Chase (inc. 7% bonus)
    100,000 of spend on SPG = 125,000 points

    Obviously, they dont have the same transfer partners, SPG has more options, but Chase is instant transfer.

    In my case, I am guessing nearly 50% of my spend on the card will be on dining & travel, so the choice is obvious in favor of Chase for me.
     
  3. jaw_24
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    jaw_24 Silver Member

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    Transferring Freedom UR points (5x quarterly categories) with the Sapphire is also a good, albeit limited, bonus.
     
    kenbo likes this.
  4. JohnDeere19
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    JohnDeere19 Gold Member

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    FYI, SPG's transfer is a 25% bonus, not 20% and is only 25% @ 20,000 points in programs that are 1:1 (co is 2:1, so I'd strongly advise against that)
     
  5. rajuabju
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    rajuabju Gold Member

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    Sorry, you're right on both points.. and of course, the bonus and my calcs only applied to the programs where transfer are 1:1, not 2:1 or what not
     
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  6. kenbo
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    kenbo Silver Member

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    Assuming you max out the 5% cash back, that's 30K extra points ($300) a year. That's pretty good, IMO.
     
  7. cvarming
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    cvarming Silver Member

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    It can be a little difficult to max out every quarter. This quarter I had to buy $500 worth of gift cards for my local grocery store at their gas affiliate. The Oct-Dec might be difficult as well. Do you know of any department stores or dining facilities that sell gift cards to grocery stores?
     

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