You're the only person I see that admits that the CSP is trash. 2x on travel is a joke to me. I just can't see myself earning a lot of points with this card. Until they make it better, I'll use other ecosystems for travel and just use my Chase cards (freedom flex and ink cash) for cash back
I’m not the only one, but I’ve been beating this drum forever. It’s a bad card, but it needs more people calling it out, especially since other issuers now can do transfers at No Annual Fee
always love the angles on topics. I understand the frustration and I have it too. I have just accepted that Chase has no real reason to change. I am glad you haven't accepted it like I have. Love the info
Years ago, I thought to myself that it would be awesome if Chase combined their entire trifecta into one card. 3x travel and dining, 5x quarterly rotating categories, and 1.5x everywhere else. Plus, the ability to transfer to partners. This was before we saw 3x on restaurants and drugstores on the Freedom Flex and Unlimited. I also asked why Chase left the Freedom Unlimited at 1.5x when they could offer 2x instead. Of course this would never happen, but it would’ve been more convenient for the customer. I think the closest Chase has come to this was the now discontinued Ink Plus. Exact earning structure as the current Ink Cash (including 5x on office supply stores and phone/cable/internet) but with 2x on hotels and gas (not restaurants). It also included the ability to transfer to partners as well as no foreign transaction fees. All on one card. But there was a $95 annual fee.
Excellent analysis, even for a reluctant Chase captive such as myself. After much study and spreadsheet work, Chase's ecostem works best for us, so we've gone all in - warts and all. The CIC saves the day, though, as a rather crude but effective shovel to fill in most of the gaps if you're a min-maxer like me.
When we shifted from cash-back to travel focused, Citi and US Bank were my other serious choices until Wells Fargo came to life recently. WF's recent offerings may have changed our trajectory if they had come sooner. AmEx and Capital One never held my interest.
To be fair to Chase you should add the portal redemption bonuses in that analysis; domestic flights at a 25% or 50% bonus is a decent return and for the average card user very easy to book. I’m a fan of UR Points but not a fan of most Chase cards.
I did sort of skip over with the bare mention and that’s on me. But yeah that return does make the cards “better than” the competition, but those are extra hoops; like the Business Platinum 35% point bonus is great and supercharges all MR points, but how many people use it? (I know more Chase folks use the 1.25 or 1.5 than the AmEx Plat redemption, but just using as a frame of reference). I like UR points. I don’t like most Chase cards either.
Good stuff Matt. The Sapphire Preferred need to be carpet bombed and redone from scatch. But I like the changes you mentioned. Definitely a move in the right direction.
Good stuff Matt. I have thoughts about the Chase cards. I would remove online grocery from Sapphire Preferred and make it 3X on Entertainment. (Probably add 3X Entertainment to Reserve as well) And match that with a brand new Freedom Everyday card that has 3X on Groceries and Gas.
3x groceries and 2-3x gas for 150 and I can burn my other cards. The Amex Green is close but no travel insurance and it's Amex not Visa or MC. Heavily limited for me.
Instead of 3x Warehouse clubs for the Sapphire Preferred I would say make it more of a travel card and make the categories Dining, gas, travel and maybe entertainment. Kind of of like all the things we actually do while traveling. I would pay the 150 for that.
I wouldn’t be upset if Chase gave me the CFU double points for 12 months SUB. I’d move all of my consumer Chase credit lines to that card and go wild; I’d have a true one card setup for the year and when I was done then I’d be 1/24 and a lot of UR points.
It’s the single best welcome offer in the game. I get the allure. I want it as well. But it does go into the argument that Chase dangles these instead of fixing meh earning cards. Like if they could, as long as they offered you 120k UR points as a welcome offer and had Hyatt, they would still have flat 1x earning cards.
@@yer992 why would the Attune welcome offer be influencing a current down welcome offer? Again Chase uses dynamic welcome offers, they aren’t encouraging CFU/CFF signups right now, in like 3 weeks when Q4 opens, they’ll have new quotas to hit.
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You're the only person I see that admits that the CSP is trash. 2x on travel is a joke to me. I just can't see myself earning a lot of points with this card. Until they make it better, I'll use other ecosystems for travel and just use my Chase cards (freedom flex and ink cash) for cash back
I’m not the only one, but I’ve been beating this drum forever. It’s a bad card, but it needs more people calling it out, especially since other issuers now can do transfers at No Annual Fee
always love the angles on topics. I understand the frustration and I have it too. I have just accepted that Chase has no real reason to change. I am glad you haven't accepted it like I have. Love the info
Don Quixote when it comes to Chase.
I love being an ink outlier :-)
It definitely CAN work.
Ditto!
Years ago, I thought to myself that it would be awesome if Chase combined their entire trifecta into one card. 3x travel and dining, 5x quarterly rotating categories, and 1.5x everywhere else. Plus, the ability to transfer to partners. This was before we saw 3x on restaurants and drugstores on the Freedom Flex and Unlimited. I also asked why Chase left the Freedom Unlimited at 1.5x when they could offer 2x instead. Of course this would never happen, but it would’ve been more convenient for the customer.
I think the closest Chase has come to this was the now discontinued Ink Plus. Exact earning structure as the current Ink Cash (including 5x on office supply stores and phone/cable/internet) but with 2x on hotels and gas (not restaurants). It also included the ability to transfer to partners as well as no foreign transaction fees. All on one card. But there was a $95 annual fee.
I missed out on the Plus. But glad the Cash is 90% of it with no annual fee
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Thank you Vicki!
Thanks Sir! Happy Weekend! 👍
Thank you! Enjoy the weekend
they should add 4 lounge visits to the sapphire preferred
This too
I really like you diving a bit deeper here with your thoughts. Some very good points were made. 😊
Many thanks. I just want them to be better. They can afford to
Excellent analysis, even for a reluctant Chase captive such as myself. After much study and spreadsheet work, Chase's ecostem works best for us, so we've gone all in - warts and all. The CIC saves the day, though, as a rather crude but effective shovel to fill in most of the gaps if you're a min-maxer like me.
I totally get where you’re coming from. The Ink Cash is a great card. I just feel bad it has to shoulder the burden of being the best Chase card.
When we shifted from cash-back to travel focused, Citi and US Bank were my other serious choices until Wells Fargo came to life recently. WF's recent offerings may have changed our trajectory if they had come sooner. AmEx and Capital One never held my interest.
Wells is solid, as is USBank, Citi isn’t *bad* but they’re Citi. Chase is the best for returns. But at a serious cost
To be fair to Chase you should add the portal redemption bonuses in that analysis; domestic flights at a 25% or 50% bonus is a decent return and for the average card user very easy to book.
I’m a fan of UR Points but not a fan of most Chase cards.
I did sort of skip over with the bare mention and that’s on me. But yeah that return does make the cards “better than” the competition, but those are extra hoops; like the Business Platinum 35% point bonus is great and supercharges all MR points, but how many people use it? (I know more Chase folks use the 1.25 or 1.5 than the AmEx Plat redemption, but just using as a frame of reference).
I like UR points. I don’t like most Chase cards either.
Good stuff Matt. The Sapphire Preferred need to be carpet bombed and redone from scatch. But I like the changes you mentioned. Definitely a move in the right direction.
Thanks Jon!
Good stuff Matt. I have thoughts about the Chase cards. I would remove online grocery from Sapphire Preferred and make it 3X on Entertainment. (Probably add 3X Entertainment to Reserve as well) And match that with a brand new Freedom Everyday card that has 3X on Groceries and Gas.
I like this as well. This could work well.
Once again, Chase is lazy AF 😓
Not you. But. Yeah. They sure are. I wish they’d make changes. But. Is what it is.
Thanks Chase!!
3x groceries and 2-3x gas for 150 and I can burn my other cards. The Amex Green is close but no travel insurance and it's Amex not Visa or MC. Heavily limited for me.
Makes sense.
Instead of 3x Warehouse clubs for the Sapphire Preferred I would say make it more of a travel card and make the categories Dining, gas, travel and maybe entertainment. Kind of of like all the things we actually do while traveling. I would pay the 150 for that.
This could work as well.
@@MattClausen They can fix the cards, they just don't need too (Quote from M Clausen)
@@SpartanOfFinance yep. It is wildly disappointing and at this point user hostile. But what else would I expect from them?
I wouldn’t be upset if Chase gave me the CFU double points for 12 months SUB. I’d move all of my consumer Chase credit lines to that card and go wild; I’d have a true one card setup for the year and when I was done then I’d be 1/24 and a lot of UR points.
It’s the single best welcome offer in the game. I get the allure. I want it as well. But it does go into the argument that Chase dangles these instead of fixing meh earning cards. Like if they could, as long as they offered you 120k UR points as a welcome offer and had Hyatt, they would still have flat 1x earning cards.
keep online groceries just add regular (in store) gorceries
Yep
And now the freedoms are only at 15,000 UR pts bonuses…
I didn't even know it changed
Welcome offers are dynamic.
Or is there a superior card we should invest in instead
I think the savor one might be an example. I wonder if the attune’s bonus has any influence on the reduction.
@@yer992 why would the Attune welcome offer be influencing a current down welcome offer? Again Chase uses dynamic welcome offers, they aren’t encouraging CFU/CFF signups right now, in like 3 weeks when Q4 opens, they’ll have new quotas to hit.