Re: 5% Points or Cash back on airlines all the time
01-19-2013 11:59 AM
Chase offers one quarter on airlines. US Cash + has one category.
I have dedicated one 5% category on current US Cash + card all the time for airline.Now that US Cash + attractive categories like bill pay, Home improvement and Airlines are going away, is there any other cards which gives 5% back on airline all the time?
I have many cards which give 2% on travel or airline like Chase Sapphire Preferred but nothing to replace US Cash + category.
In absence of new card, I plan is to use all my 3 Chase cards- Freedom, Sapphire Preferred and Sapphire No annual fee Mastercard points including leveraged Freedom 5% points. Then transfer all points to Sapphire Preferred and book flight using Ultimate rewards which will give me 6.25% from 5% Freedom transferred and 2.675% from Sapphire Preferred and 1.33% from Sapphire MasterCard.
Above calculation includes 7% annual bonus on Both Sapphire cards and 25% bonus from ultimate rewards site bookings.
Penfed Travel Rewards Amex provides 5x points per dollar for Airline purchases.
It also has a 20,000 point sign up bonus.