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Which card should I choose? CSP or ??

Super Contributor

Re: Which card should I choose? CSP or ??

More miles, and a potentially huge CL after a year!  Consolidated, it'll be anywhere from $15K - $20K.  Smiley Wink  No HP on consolidating CLs.

Message 21 of 58
Valued Contributor

Re: Which card should I choose? CSP or ??

Both Lexie...get them BOTH!!! 

*8/10/13
Message 22 of 58
Moderator Emerita

Re: Which card should I choose? CSP or ??

Message 23 of 58
Frequent Contributor

Re: Which card should I choose? CSP or ??


09Lexie wrote:
Both, huh? I'll have to ponder that for a moment.

DO IT! Smiley Very Happy

AMEX BCE: 5k; Barclay Apple: 2.5k; BoA CB: 3k; BoA BBR 4.2k; BoA Travel: 8k; Chase Sapphire: 5k; Chase Freedom: 6k; Citi Diamond: 3k; Discover IT: 9k

June 2013 FICOs: TU: 763; EX: 754; EQ: 764 (was 747 9/2012). Last app 2/20/2014 Garden until 3/2015
Message 24 of 58
Moderator

Re: Which card should I choose? CSP or ??


Open123 wrote:

More miles, and a potentially huge CL after a year!  Consolidated, it'll be anywhere from $15K - $20K.  Smiley Wink  No HP on consolidating CLs.


If you're worried about co-brands having higher CL's, then I suggest this is the plan for you Lexie.

 

I know you're anti-spree, but if you're trading in your spade, and you've got nothing serious coming up, I would suggest that this plan merits a double-pull.  If I wrote off the potential mortgage and decided to stay on the housing sidelines I might be able to reach CPC levels... if I did, I'd be pushing my markers with Chase as much as possible.  Honestly from a credit perspective given your newly found strength of relationship with Chase, I view Open's suggestion as brilliant, and concur with the others that you should take it. 

 

The whole caveat is you know me, I consider 1 HP vs. 2 to be absolutely irrelevant, if you're taking one, should almost certainly spend a second somewhere... and this is vastly superior to my usual fallback of a HP for BOFA on my lonely TU report.

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge
Message 25 of 58
Super Contributor

Re: Which card should I choose? CSP or ??


09Lexie wrote:
Yep, I will blame Open!

Sorry OpenSmiley Very Happy

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 26 of 58
Blogger

Re: Which card should I choose? CSP or ??

The garden queen is shaking off the soil ...

 

Let's see, Explorer vs CSP.

 

First off, if you don't fly UA, then the Explorer is about worthless. If you do fly UA, the perks that come with the card are quite nice. Priority boarding to make sure your carry-on has space in the overhead compartment, discount on in-flight purchases, waived check-bag fees, and lounge access are the benefits you won't otherwise get unless you have UA status.

The Explorer also has a bigger sign-up bonus (55k miles vs 40k points)

 

Now, the CSP has higher earning potential with the 2% on restaurant and travel purchases in addition to the 7% annual bonus. If you plan to transfer all these points to UA then the CSP will almost always earn you more: 2.14 miles on travel > 2 miles on UA flights.

 

And of course you have the option of transfering points from the CSP to other airlines and loyalty programs.

 

The UA perks that you'll get from the Explorer are great, but their value gets gradually offset by the CSP's extra earning power and flexibility. A lot of the decision will come down to how much you value the UA perks. 

 

With that said, I second getting both cards. Hopefully the second card won't inflict additional inquiries on your reports. Before the anniversary hits, cancel the Explorer since the CSP will earn you more in the long run. As a Chase Private Client, I don't think you'll have to worry about credit limits. Smiley Happy

Message 27 of 58
Moderator Emerita

Re: Which card should I choose? CSP or ??

Yes, I'm going to shake off the garden soil. Smiley LOL As usual, I have received some excellent advice. I'll update this post tomorrow.
Message 28 of 58
Super Contributor

Re: Which card should I choose? CSP or ??


09Lexie wrote:
Yes, I'm going to shake off the garden soil. Smiley LOL As usual, I have received some excellent advice. I'll update this post tomorrow.

Besides these 2 cards, what other cards do you have in mind?

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 29 of 58
Moderator Emerita

Re: Which card should I choose? CSP or ??

@enharu

That's it from Chase. I had thought about Fid Amex but I could wait.
Message 30 of 58