Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
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Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Any suggestions from travel hackers on whether I should get a Chase Sapphire Preferred card? I have an upcoming international flight in a couple of months which usually cost somewhere between $1000-$1500, and I'm doing this international flight every year? What is the chance that I will get enough returns despite paying $95 / year fee? Any other cards out there I should think about getting instead?
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
What is your overall spend on credit cards, and do you know the rough breakdown by categories (dining, groceries, travel, gas, ...) that may be subject to bonus points?
Personally, i don’t consider a once a year international trip to be “frequent”; do you also have domestic flights?
Personally, i don’t consider a once a year international trip to be “frequent”; do you also have domestic flights?
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
I also have 2-5 domestic flights / year on average, in addition to that international flight once a year on average.
Most of my spending is the rent and groceries, I do eat out but try not to do it often. I already have a BofA 2% cash-back rewards card, which gives me cash back for groceries, gas, dining.
In this case, should I still go with Chase Sapphire Preferred? And also, should I dump my BofA cash-back rewards card and use Chase Sapphire Preferred card for more bonus bonus in Chase, which includes travel bonus points as well?
Most of my spending is the rent and groceries, I do eat out but try not to do it often. I already have a BofA 2% cash-back rewards card, which gives me cash back for groceries, gas, dining.
In this case, should I still go with Chase Sapphire Preferred? And also, should I dump my BofA cash-back rewards card and use Chase Sapphire Preferred card for more bonus bonus in Chase, which includes travel bonus points as well?
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
If you are considering Chase Sapphire Preferred, I suggest you take a look at Chase Sapphire Reserve. Although CSR has $450 annual fee, you automatically receive a $300 refund per year on travel expenses. So it is effectively $150 and only $55 more than $CSP. For this, you get more benefits including access to priority pass club which is useful internationally. See https://thepointsguy.com/guide/chase-sa ... e-reserve/
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Let me first say that, for people who don't travel frequently or need/desire premium class cabin on long-haul international flights, hacking is probably overrated. Most of such people probably benefit from a straight forward cash back credit card.
As far as I recall the Sapphire Preferred card has first year annual fee waived, so its at least worth applying, meet the spend requirement to get the sign-on bonus points and try it out for the first year. Then do some calculations to determine whether its good for keeping it for the long run, analyze your spend pattern, overall annual spend vs. annual fee, to at least see the break-even point. You know your patterns and wants better than anyone else, so its best to go thru this exercise yourself in your first year of card membership. If you are into Chase's reward system, you'll also take a look at their Freedom (5x points for rotating bonus categories) and Freedom Unlimited (1.5x points on everything) cards, respectively.
If your existing card does not charge an annual fee, there is no need to cancel it.
As far as I recall the Sapphire Preferred card has first year annual fee waived, so its at least worth applying, meet the spend requirement to get the sign-on bonus points and try it out for the first year. Then do some calculations to determine whether its good for keeping it for the long run, analyze your spend pattern, overall annual spend vs. annual fee, to at least see the break-even point. You know your patterns and wants better than anyone else, so its best to go thru this exercise yourself in your first year of card membership. If you are into Chase's reward system, you'll also take a look at their Freedom (5x points for rotating bonus categories) and Freedom Unlimited (1.5x points on everything) cards, respectively.
If your existing card does not charge an annual fee, there is no need to cancel it.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
As a "travel hacker" myself, I'd say your travel pattern may be too infrequent to justify spending much effort with travel hacking or cards like the Sapphire Preferred. If your flights are often with the same carrier, though, it can make sense to get that carrier's co-branded credit card (e.g. MileagePlus Explorer, if you fly United). This will get you a lot of the benefits of the lowest level of elite status (e.g., checked bag free, priority boarding) for a relatively low annual fee.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
I had that card and upgraded to the Chase Saphire Reserve. Excellent card and the points add up fast and are worth more when booking travel. I’ve been happy with it and recommend it. Read up on the comparison between the two. You can find out what you need to spend to make the more expensive card worth it.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
It is my view (and I've done the Math), that if you don't spend enough on dining/travel to make the Sapphire Reserve worth it over the Preferred, you're better off with a 2% cash back no annual fee card (Citi Double Cash, Fidelity card, etc).
I spend enough to make the Sapphire Reserve well worth it, and it's a great card for me.
I spend enough to make the Sapphire Reserve well worth it, and it's a great card for me.
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
I recently went through this decision process and wound up going for the BofA Premium Rewards card. Outside of business trips, I usually fly domestically once or twice per year. This year was the first time I flew internationally in close to a decade. That's not enough to justify the CSP or CSR, IMHO. Better to take the cash back and have flexibility. The BofA Premium Rewards + Cash Rewards combo is pretty much unbeatable in this department so long as you have at least $100K in a Merrill Edge investment account (BofA/ME Preferred Rewards program).
I did throw down and get a Southwest Rapid Rewards card last year due to the promo they had for CA residents (free companion pass for a year). I've used the companion pass once but here I am six months into 2018 and I'm struggling to figure out a way to use it a second time, let alone a third.
I did throw down and get a Southwest Rapid Rewards card last year due to the promo they had for CA residents (free companion pass for a year). I've used the companion pass once but here I am six months into 2018 and I'm struggling to figure out a way to use it a second time, let alone a third.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
The Chase Sapphire Reserve is essentially a $150 card, since you're getting credit for $300 of your travel expenses. You also get TSA Precheck/Global entry credit, which will save you plenty of time and hassle, especially returning exhausted from an international flight--I was through immigration and customs in 5 minutes last time, bypassing a line of a few hundred others. The other intangible benefit is access to Priority Pass lounges--you can go to their website and check out the lounges for your departure and arrival airport, as well as for other places you fly domestic. Between free booze, espresso, and food, it could save you money that way too. Thepointsguy.com has some good articles on the Chase cards and how to use the Chase rewards portal for booking travel and using miles.
If you just want simple cash back for your travel, the Uber VISA card gives 3% back on flights and hotels, and 4% back on dining/bars, and the new Wells Fargo card, open next month, will offer 3% back on all travel, I believe.
A simpler way to earn more on international travel is to see if Norwegian Air (or AerLingus or other deep discount airlines) is an option. Instead of paying over $1,000 to fly to Venice last month, I spent $160 on Norwegian to London on a new 787, spent the day enjoying free museums, and flew on to London the next day for $50 on British Airways. On the return trip I had my bid for premium economy upgrade accepted, so it cost an extra $200 for 10 hours in a comfy recliner.
If you just want simple cash back for your travel, the Uber VISA card gives 3% back on flights and hotels, and 4% back on dining/bars, and the new Wells Fargo card, open next month, will offer 3% back on all travel, I believe.
A simpler way to earn more on international travel is to see if Norwegian Air (or AerLingus or other deep discount airlines) is an option. Instead of paying over $1,000 to fly to Venice last month, I spent $160 on Norwegian to London on a new 787, spent the day enjoying free museums, and flew on to London the next day for $50 on British Airways. On the return trip I had my bid for premium economy upgrade accepted, so it cost an extra $200 for 10 hours in a comfy recliner.
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
DW and I have the Delta co-branded American Express precisely for this purpose. It's probably not a "good deal" financially from a purely points perspective (we don't travel enough to get enough points to break even on the annual fee), but the free checked bags and early boarding are worth at least something for the PITA relief factor if nothing else. A single trip with two bags pays for half the annual fee, and the flight voucher goes a long way toward making the card a "break even" proposition.02nz wrote: ↑Tue Jun 26, 2018 11:26 am As a "travel hacker" myself, I'd say your travel pattern may be too infrequent to justify spending much effort with travel hacking or cards like the Sapphire Preferred. If your flights are often with the same carrier, though, it can make sense to get that carrier's co-branded credit card (e.g. MileagePlus Explorer, if you fly United). This will get you a lot of the benefits of the lowest level of elite status (e.g., checked bag free, priority boarding) for a relatively low annual fee.
There is only one success - to be able to spend your life in your own way. (Christopher Morley)
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Hardcore travel hacking would involve repeatedly opening up new cards for the signup bonuses. If you are planning to stick with one card you'd need to calculate the amount of points you expect, along with their value, to see if it is worth it. One alternative might be the Uber card, which has no annual fee and in spite of its name has good rewards rates on many things beyond Uber, including 3% on hotels and airfare. If you travel more often, or stay in expensive hotels, the Citi Prestige card may be worth it -- this one charges a gigantic $450 annual fee, but gives a $250 airfare credit back, and also has a "fourth night free" hotel benefit which in some cases could exceed the fee by itself, in addition to a high reward rate on travel.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
If you’re going to be doing a lot of traveling the chase freedom reserved is an excellent card. The preferred is a good card for the occasional traveler especially with chase points being able to transfer to multiple airlines. I’d also look at the Chase freedom card which gives 5% back on certain categories every quarter. Those points can be transferred to your preferred card for airline/hotel transfers.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
The place where you can find a lot of threads on travel hacking, credit cards and points, etc. is Flyertalk.com
There is a ton of information there, and people who are happy to answer your questions.
There is a ton of information there, and people who are happy to answer your questions.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Most of the value of "travel hacking" is from sign up bonuses I think. A lot of cards have some marginal benefits for flights but you are paying annual fees and such and so the payoff isn't really game changing. Some of the side benefits of the cards may be more valuable such as the AMEX platinum which comes with a lot of upgrade status at hotels, lounge access to Priority pass and Delta, etc.
But don't forget the normal credit cards. For example this quarter the Citi dividend card is giving 5% cash back at airlines. I don't know if any other credit cards does this but it could be a useful free option.
But don't forget the normal credit cards. For example this quarter the Citi dividend card is giving 5% cash back at airlines. I don't know if any other credit cards does this but it could be a useful free option.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Also, this card gives you the equivalent of trip insurance. This saves us a ton! We haven’t yet had to cancel a trip, but we did have to spend a night in Chicago due to missed connection and we were refunded our toiletries/OTC medication costs, and our meal costs in excess of the $10 coupon United provided. We got a decent hotel from United, but learned if we had a problem due to weather and the airline wasn’t liable for our hotel expense we could have been reimbursed up to $500 for one night’s stay. Awesome card!rj49 wrote: ↑Tue Jun 26, 2018 1:52 pm The Chase Sapphire Reserve is essentially a $150 card, since you're getting credit for $300 of your travel expenses. You also get TSA Precheck/Global entry credit, which will save you plenty of time and hassle, especially returning exhausted from an international flight--I was through immigration and customs in 5 minutes last time, bypassing a line of a few hundred others. The other intangible benefit is access to Priority Pass lounges--you can go to their website and check out the lounges for your departure and arrival airport, as well as for other places you fly domestic. Between free booze, espresso, and food, it could save you money that way too. Thepointsguy.com has some good articles on the Chase cards and how to use the Chase rewards portal for booking travel and using miles
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
The original poster has not chimed in for days, and subsequent posters are just talking with and among themselves...
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Thank you all for your very detailed answers. This is a great group of knowledgable people.
For my case, it looks like I can start Chase Sapphire preferred, then after 1 year, I can think of extending it to Chase Sapphire Reserve.
But as someone pointed out, with my 1 international flight / year and 2-3 domestic flights / year, especially given that I avoid eating out a lot, it will be hard for me to really get back what those cards are worth.
2% cash back no annual fee card (Citi Double Cash, Fidelity card, etc) also makes sense, but not sure how this will be different from my 2% cash-bak BofA Cash Rewards card. Are these cards giving 2% for travels?
I may try repeatedly opening up new cards for the signup bonuses as well, because it looks like with my travel frequency, it will be hard to make these travel cards worth it.
Regarding Uber card, probably just by the name of the card, I would pass.
5% for Chase Freedom is really good, but as far as I know it has high fees.
Thank you for the Flyertalk.com tip.
Thank you all for your suggestions.
For my case, it looks like I can start Chase Sapphire preferred, then after 1 year, I can think of extending it to Chase Sapphire Reserve.
But as someone pointed out, with my 1 international flight / year and 2-3 domestic flights / year, especially given that I avoid eating out a lot, it will be hard for me to really get back what those cards are worth.
2% cash back no annual fee card (Citi Double Cash, Fidelity card, etc) also makes sense, but not sure how this will be different from my 2% cash-bak BofA Cash Rewards card. Are these cards giving 2% for travels?
I may try repeatedly opening up new cards for the signup bonuses as well, because it looks like with my travel frequency, it will be hard to make these travel cards worth it.
Regarding Uber card, probably just by the name of the card, I would pass.
5% for Chase Freedom is really good, but as far as I know it has high fees.
Thank you for the Flyertalk.com tip.
Thank you all for your suggestions.
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
The real value of the sapphire cards are their insurance products. If you usually buy comparable trip insurance or auto collision damage waiver separately then you can easily make up the annual fees.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
Both Citi and Fidelity are straight 2% card, this means you get 2% back on everything including travel. I am unaware of a straight 2% BoA Cash Rewards card. The only one that I am aware of is https://www.bankofamerica.com/credit-ca ... edit-card/ which is only 1% but gives 2% and 3% on certain categories.ThisJustIn wrote: ↑Sat Jun 30, 2018 12:32 am 2% cash back no annual fee card (Citi Double Cash, Fidelity card, etc) also makes sense, but not sure how this will be different from my 2% cash-bak BofA Cash Rewards card. Are these cards giving 2% for travels?
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Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
I had big estimated tax payments last year that I put on Chase Sapphire Preferred for the sign on bonus. I also racked up a nice bonus on the JetBlue card (we already had a bolus of air miles there).
For ~$400 in annual and convenience fees, I flew my family of 4 to Florida in February/March and we had 10 nights in a Hyatt Place. Breakfast included. We paid out of pocket for our rental car and 2 meals per day (really 1.5).
I was able to find a great hotel value for my Ultimate Rewards (UR) points using the Award Mapper website. Using UR points for hotel stays is really easy.
The Award Hacker website shows what is theoretically possible for airfares, but it’ll be a significant effort to book a dream redemption. (For instance, transfer UR points to Korean Air, then use their website to book a flight from NYC - Hawaii on a Delta flight. Lots of moving parts; plenty to go wrong.) I find it easiest to simply transfer points to Southwest and get a reasonable redemption.
Travel hacking bloggers have the time to hyper-optimize their redemptions. I don’t, but feel I’ve gotten good value. The Chase Portal is usually not a good value proposition for using your points.
For ~$400 in annual and convenience fees, I flew my family of 4 to Florida in February/March and we had 10 nights in a Hyatt Place. Breakfast included. We paid out of pocket for our rental car and 2 meals per day (really 1.5).
I was able to find a great hotel value for my Ultimate Rewards (UR) points using the Award Mapper website. Using UR points for hotel stays is really easy.
The Award Hacker website shows what is theoretically possible for airfares, but it’ll be a significant effort to book a dream redemption. (For instance, transfer UR points to Korean Air, then use their website to book a flight from NYC - Hawaii on a Delta flight. Lots of moving parts; plenty to go wrong.) I find it easiest to simply transfer points to Southwest and get a reasonable redemption.
Travel hacking bloggers have the time to hyper-optimize their redemptions. I don’t, but feel I’ve gotten good value. The Chase Portal is usually not a good value proposition for using your points.
Understand that choosing an HDHP is very much a "red pill" approach. Most would rather pay higher premiums for a $20 copay per visit. They will think you weird for choosing an HSA.
Re: Travel hacking for frequent international flights: Chase Sapphire preferred or any other card?
I'm going through this right now. Signing up for BOTH sapphire cards using the double dip strategy. Basically if you want both cards you have to apply on the same day otherwise you are limited to a single sapphire card.
This link has been helpful navigating the chase approval process. I have my credit frozen so I have to call them every time I apply. This link tells you what number to call and when.
https://chaseflowchart.info
This link has been helpful navigating the chase approval process. I have my credit frozen so I have to call them every time I apply. This link tells you what number to call and when.
https://chaseflowchart.info