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Regular Contributor
audia4
Posts: 591
Registered: ‎11-08-2012
0

Re: What are the popular CCs in 2013?


Irisa wrote:

CSP = Chase Sapphire Preferred


Should I assume that card is better than the Chase Freedom?

TU: 804 EQ: 810 EX 785


***$7500*** **$10,000*** **$9000**** ***$10250*** **$10,000*** ***$4500*** ***$6000*** ***$8000*** ***open*******open***



Super Contributor
longtimelurker
Posts: 7,247
Registered: ‎04-22-2013
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Re: What are the popular CCs in 2013?


audia4 wrote:

Irisa wrote:

CSP = Chase Sapphire Preferred


Should I assume that card is better than the Chase Freedom?


No, because "better" depends on the individual's goal and circumstances.    But CSP is harder to get.

 

Basically, the big benefit of CSP, for those that can use it, is the ability to transfer Ultimate Reward points (earned on the Freedom, CSP, and a few other cards) to frequent flier/guest programs of various partners.   This can be very valuable, as a made up example, I can take 80K points I've earned on the card, and transfer them as 80K United miles to that frequent flier program.   With those 80K miles, I can buy a first class ticket that normally costs $8K, basically making each point worth 10c, whereas if I cash them out with the freedom each point is worth one cent.

 

Now many people don't in fact do this (and if you wouldn't have bought the ticket for $8K it's not clear that this is a fair valuation) but that is a big benefit of the card.

It also comes with a large bonus, 40K points which can be cashed out for $400, used to book $500 of travel, or transferred to another program and potentially be worth a whole lot more.  

 

But CSP only offers 2x points on two categories, dining and travel, so if you don't travel, and find more use of the 5x categories on the Freedom, CSP isn't better in that case!

CSP, Freedom, Chase Amazon, Cap One QS (x2), Penfed Plat Rewards (x2), Citi Double Cash, Citi Dividend, Citi AA Plat Select, Citi Forward, Amex BCE, Amalgamated Bank, Sallie Mae, Cash Plus, Fid Amex
Scores May 14: EQ 848, EX 833, TU 848 (Sep)
Valued Contributor
armbenderc
Posts: 1,339
Registered: ‎09-11-2012
0

Re: What are the popular CCs in 2013?

Don't forget BCE and Citi TY Preferred.
2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Super Contributor
longtimelurker
Posts: 7,247
Registered: ‎04-22-2013
0

Re: What are the popular CCs in 2013?


armbenderc wrote:
Don't forget BCE and Citi TY Preferred.

Well, since I recommend against both those cards, I would be happy to forget!

 

BCE: For most, BCP is the better choice.  Bigger bonus, and as you can buy gift cards to other places at supermarkets, BCE only makes sense if your spend on everything is very low.   In which case the benefits are also small.

 

TY Pref:  In the non-5x form, more or less a 1% card with some new 2% categories just added, terrible exchange rate for cash or statement credits, limited set of gift cards and other redemption options, and with changes to the Premier, less valuable to use for travel.

CSP, Freedom, Chase Amazon, Cap One QS (x2), Penfed Plat Rewards (x2), Citi Double Cash, Citi Dividend, Citi AA Plat Select, Citi Forward, Amex BCE, Amalgamated Bank, Sallie Mae, Cash Plus, Fid Amex
Scores May 14: EQ 848, EX 833, TU 848 (Sep)
Valued Contributor
DigitalArk
Posts: 1,191
Registered: ‎07-07-2013
0

Re: What are the popular CCs in 2013?

I want to get the Barclaycard Arrival...:smileylol:


Senior Contributor
Irisa
Posts: 4,179
Registered: ‎07-26-2008
0

Re: What are the popular CCs in 2013?


DigitalArk wrote:

I want to get the Barclaycard Arrival...:smileylol:


Wait, were you just trying to find out if the Arrival is popular enough before you apply for it? :smileylol:

Current Scores: EX 795 / EQ 793 / TU 802
Current cards: CSP - Freedom - Discover It - Amex BCP - BoA BBR - Capital One QS and QS1 - Citi TY
Last App: 3/21/14
Community Leader
Valued Contributor
azguy13
Posts: 5,381
Registered: ‎04-30-2013
0

Re: What are the popular CCs in 2013?

I have to agree with most everyone here,  I think its the CSP. 




NFCU Flagship $25,000 I AMEX SPG $23,000 I Chase Sapphire Preferred $17,500 I Discover IT $12,000 I
Valued Contributor
DigitalArk
Posts: 1,191
Registered: ‎07-07-2013
0

Re: What are the popular CCs in 2013?


Irisa wrote:

DigitalArk wrote:

I want to get the Barclaycard Arrival...:smileylol:


Wait, were you just trying to find out if the Arrival is popular enough before you apply for it? :smileylol:


No. I want some cards with no FTF. I don't really like to deal with Cap1, so Barclaycard Arrival is ideal. Or PenFed cards. :smileywink:


Frequent Contributor
oscar_actuary
Posts: 293
Registered: ‎03-25-2013
0

Re: What are the popular CCs in 2013?

no mention of PenFed Platinum Rewards Visa?

 

5% Gas

3% Grocery

1% All other

 

high limits

 

or Fidelity Retirement / College Savings, 2% on Everything, as long as you stick rewards into a qualified account

 

I'd like to convert my Slate to a Sapphire, but not the 95$ one.

FICO EX 739, 2013 Jun. FICO TU08 791, 2014 Apr. FICO EQ 736, 2013 Aug.
BofA Cash Rwrds Sig V 2013 10k; Fidelity Rewards AmEx /BofA 2013 15.4k; Chase Freedom Sig V 2002 24.1k; Chase Amazon Rwrds Sig V 2011 8k; Sam's Club GE Dscvr 2002 10k; Dscvr It 2012 10k; Citi Dvdnd Plat Sel V 2013 8.9k; PenFed Plat Rwrds V 2013 20k; AmEx Blue Sky 2013 21.6k; Priceline Rwrds Sig V 2013 8.7k; PayPal Xtras GE Cap Plat MC 2012 5k; JC Penny 2011 1k

Super Contributor
longtimelurker
Posts: 7,247
Registered: ‎04-22-2013
0

Re: What are the popular CCs in 2013?


oscar_actuary wrote:

no mention of PenFed Platinum Rewards Visa?

 

5% Gas

3% Grocery

1% All other

 

high limits

 

or Fidelity Retirement / College Savings, 2% on Everything, as long as you stick rewards into a qualified account

 

I'd like to convert my Slate to a Sapphire, but not the 95$ one.


WHile I agree the Fidelity is a good card, it isn't really popular here, the latest thread I recall was about how ugly it is!

 

Penfed Platinum Rewards is no longer available, the replacement, the Sig version, moves to a 3/2/1 structure after Dec.   For existing users, the card rewards were nerfed last week, with a large rise in the points needed to redeem most rewards.

CSP, Freedom, Chase Amazon, Cap One QS (x2), Penfed Plat Rewards (x2), Citi Double Cash, Citi Dividend, Citi AA Plat Select, Citi Forward, Amex BCE, Amalgamated Bank, Sallie Mae, Cash Plus, Fid Amex
Scores May 14: EQ 848, EX 833, TU 848 (Sep)

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