Reply
Senior Contributor
Posts: 4,694
Registered: ‎02-23-2011
0

Re: Chase Sapphire Preferred > Amex Platinum

[ Edited ]

kekrre wrote:

God I write long posts. Does anyone even read all of this?


Compared to the ultra short posts (i.e., "Amex Plat is da bomb!" and "CSP rules all!"), writing "too" long is certainly the lesser of two evils!

 

Jokes aside, you make some very good points.  Agreed that Citi has a fondness for encumbering their offerings with needless complexity.  On the surface, it seems the Prestige could be a good value if one were Citi Gold (or Private Bank) and spends around $100k per year.  Even after that, one needs to compare the value compared to the same spent on other programs.

 

 

Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
0

Re: Chase Sapphire Preferred > Amex Platinum

This was a great thread! Excellent points regarding how to value perks and points. I've made the argument on this forum several times that you can easily get >3 cpm on your United miles (and sometimes Hyatt points), making even the 1% rate on a Freedom card equivalent to 3% if done correctly. This obviously depends on the person but it also makes me feel a lot better having >100k miles in the bank in case I need to take a last minute personal trip that could cost over $1k for a coach ticket but only 30k United miles.

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.