Re: Is the Chase Sapphire Preferred worth carrying permanentl
01-06-2013 06:52 PM
This, I just booked a plane ticket for my mom about an hour ago. the cheapest published rate online was right at 900$ it cost me 25k Membership Rewards points converted to Delta Skymiles (1:1 rate on transfer bonus right now) that made the effective cash back rate on AMEX at 3.5% on all purchases, quite a bit better than any other card out there for all purchases.
Nice! Skypesos are almost impossible to redeem at the lowest award tier - hence the name. Very, very rarely is anyone ever able to book a Delta roundtrip ticket with 25k miles.