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Contributor
Posts: 78
Registered: ‎07-15-2012
0

CSP-Freedom Combo?

Hello,

 

so I've read on this site that having a chase checking, the freedom, and csp is a great combination and what not, but I don't understand why or how? Anyone willing to elaborate. I have all three but don't see what is so great about having the 3.

 

on a side note don't get me wrong, I absolutely LOVE chase!

Chase Freedom 3000
Chase Sapphire Preferred 5000
American Express Blue Cash Preferred 6300
Bank of America Travel Rewards 5000
Bank of America Cash Rewards 3000
Discover IT 4000
Best Buy 4000
TU 733 EQ 743 EX 722
New Contributor
Posts: 86
Registered: ‎10-29-2012
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Re: CSP-Freedom Combo?

The Freedom has great earning potential with the 5x points on category purchases. With checking, you get more out of that, with 1.1x UR points for all purchases and 5.1x for category purchases AND if you were grandfathered in, 10 points per transaction. You can then transfer those points over to the CSP to transfer to airline rewards miles.

 

In short, the Freedom allows you to earn lots of points, the Chase Checking increases the amount of points you earn with Freedom, and CSP improves the value of the points by allowing you to turn them into airline miles (typically United).

Recent FICO scores: TU - 755 (mortgage lender pull)
Contributor
Posts: 78
Registered: ‎07-15-2012
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Re: CSP-Freedom Combo?

[ Edited ]

O thanks! But that really only works if buying through ultimate rewards mall right? Sucks, because the prices there are kind of high.....

-___-

Chase Freedom 3000
Chase Sapphire Preferred 5000
American Express Blue Cash Preferred 6300
Bank of America Travel Rewards 5000
Bank of America Cash Rewards 3000
Discover IT 4000
Best Buy 4000
TU 733 EQ 743 EX 722
Established Contributor
Posts: 1,039
Registered: ‎02-27-2012
0

Re: CSP-Freedom Combo?


kwinks wrote:

O thanks! But that really only works if buying through ultimate rewards mall right? Sucks, because the prices there are kind of high.....

-___-


No, this is on any purchases.

So a $1.00 of coffee will earn you 1% of that $1, 10 cents, and 10% of those points at the end of the year which totals out to $0.121 in rewards

AMEX: $0/$25,000, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$14,000, Citi Dividend: $0/$3500

EQ FICO - 728
TU FICO - 743
EX FICO(AMEX) - 712
Contributor
Posts: 78
Registered: ‎07-15-2012
0

Re: CSP-Freedom Combo?

Sorry I wasn't clear. 

 

I meant that I can only buy discounted airfare through ultimate rewards, which is always more expensive than say orbitz...figures

Chase Freedom 3000
Chase Sapphire Preferred 5000
American Express Blue Cash Preferred 6300
Bank of America Travel Rewards 5000
Bank of America Cash Rewards 3000
Discover IT 4000
Best Buy 4000
TU 733 EQ 743 EX 722
Valued Contributor
Posts: 1,292
Registered: ‎08-19-2012
0

Re: CSP-Freedom Combo?

1% of a Dollar is .01  so it's 1 cent not 10

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Valued Contributor
Posts: 1,292
Registered: ‎08-19-2012
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Re: CSP-Freedom Combo?


kwinks wrote:

Sorry I wasn't clear. 

 

I meant that I can only buy discounted airfare through ultimate rewards, which is always more expensive than say orbitz...figures


You can transfer your points directly to the airlines FF program, there is typically more value doing that then there is buying the airfare with points

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Contributor
Posts: 91
Registered: ‎10-31-2012
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Re: CSP-Freedom Combo?


kwinks wrote:

Sorry I wasn't clear. 

 

I meant that I can only buy discounted airfare through ultimate rewards, which is always more expensive than say orbitz...figures


And on top of what ryanbush said, you can buy airfare through other discounted providers through the rewards mall.

 

I bought tickets through Travelocity at 1 point/dollar (base), 1 point/dollar (travel bonus), plus 2 points/dollar (UR Mall through Travelocity) for a total of 4 points/dollar spent.

 

Right now, bonuses for discount travel providers are:

 

Expedia - 1 extra point/dollar

Hotwire - 2 extra point/dollar

Priceline - 1 extra point/dollar

Travelocity - 2 extra point/dollar

Orbitz - 1 extra point/dollar

 

I don't know if all of these qualify for the base 2x for travel, but Travelocity did.

New Contributor
Posts: 86
Registered: ‎10-29-2012
0

Re: CSP-Freedom Combo?


kwinks wrote:

Sorry I wasn't clear. 

 

I meant that I can only buy discounted airfare through ultimate rewards, which is always more expensive than say orbitz...figures


You are right that you only get the 25% bonus on points if you book travel with points through UR. So, say, if you have 40k UR points, you can book $500 through UR.

 

What I'm doing, however, which is frequently better, is transferring a ton of points to United frequent flyer miles through the "points transfer" option with CSP. My 60k UR points become a free round trip ticket to Europe (well, I have to pay like $60-70 in airport fees and such) that would normally cost at least $1,200 if I paid cash. So I essentially am getting 2 cents value for each point. Points transfer to partner airlines is definitely the way to go with CSP!

Recent FICO scores: TU - 755 (mortgage lender pull)
Established Contributor
Posts: 652
Registered: ‎12-12-2012
0

Re: CSP-Freedom Combo?

Is there a newer version of the trifecta?  Or is it completely gone if you aren't grandfathered in?

Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward,
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape
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