topic Re: Chase Trio? in Credit Cards

Chase Trio?

Anonymous — Mon, 20 Mar 2017 07:33:48 GMT

What's with this Chase Trio?
Is there more to it than people just getting their favorite 3 Chase cards?
I read some posts about having the CSR and FU to get more cash back on the FU-or maybe the value of the cash back more. I don't get it.
Please help the intellectually challenged.
Thank you.

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 07:43:23 GMT

The Chase trio is Freedom for 5% rotating categories, FU for 1.5% on all purchases, and CSR for travel/dining. All 3 cards participate in Ultimate rewards and can be lumped together to maximize those travel rewards.

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 10:47:41 GMT

I love Chase but I'm not a fan of rotating categories.

Re: Chase Trio?

Random_idiot — Mon, 20 Mar 2017 12:08:22 GMT

1. Freedom- rotating categories- 5% cash back (by also having a CSP/CSR/Ink, it allows you to turn cash back to miles, so it's 5x per dollar on the rotating categories).
2. FU- basically an everyday card for non dining + non category spending. 1.5% cash back (same as above where it can be 1.5x per dollar). The 0.5 may not seem like a lot, but when you pay your bills + misc spending with this, I can tel you from personal use, the points come rushing in.
3. CSR/CSP/ink- lastly, the 'AF cards' which unlocks the capabilities of turning cash back to miles. Of course depending on which one you get, the points differ.

The chase trio is sought out due to how valuable URs are. IMO it is probably the best rewards system and most flexible.

I'd advise you to break down the numbers before you apply as chase does have the 5/24, so it is important to plan the applications prior to doing so.

Hope that helps.

Re: Chase Trio?

newhis — Mon, 20 Mar 2017 13:31:48 GMT

@Anonymous wrote:
What's with this Chase Trio?
Is there more to it than people just getting their favorite 3 Chase cards?
I read some posts about having the CSR and FU to get more cash back on the FU-or maybe the value of the cash back more. I don't get it.
Please help the intellectually challenged.
Thank you.

With CSR you will not get more cash back on the FU. FU/F/CSP/CSR and others give you UR points, if you only have the FU you can't use those point to transfer at 1:1 to travel partners nor can use the points at 1:1.5 value to pay for travel.

CSR/F/FU combo is to get UR points and use them for travel to max their value. If you use your points to pay for travel on the Chase portal with CSR you will get 1.5 value:

- Freedom will be a 7.5% back for categories that rotate each quarter

- CSR will be 4.5% back travel and dining

- FU will be 2.25% back on everything else

Now that the welcome bonus is the same for CSR and CSP, if you use your UR points to always transfer to partners at 1:1, and you don't want/need the extra perks with CSR (3% instead 2% in travel/dining, Global Entry, lounge access), you could have the CSP/F/FU trio instead of CSR/F/FU. I read that some people value their UR points at 2 cents or even a little more when they transfer to partners. Maybe I'll PC my CSR to CSP in the future, if I learn how to get the 2 cent value.

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 14:48:18 GMT

Like a few (OK, many!) things here, the Trio is perhaps overhyped here for some people.

Yes, IF you buy travel through the Chase portal, having the CSR will make FU 2.25% and Freedom 7.5%. But if you don't, FU is 1.5UR, which may, or may not, be better than a 2% cashback card.

Similarly, if you transfer rather than purchase travel, CSP may be better than CSR, depending if extra earning, lounge access etc, is worth the extra $55 AF (assuming you fully use the travel credit)

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 16:06:14 GMT

Ok. Thx for the explanation.

Re: Chase Trio?

Random_idiot — Mon, 20 Mar 2017 16:11:37 GMT

@Anonymous wrote:
Like a few (OK, many!) things here, the Trio is perhaps overhyped here for some people.

Yes, IF you buy travel through the Chase portal, having the CSR will make FU 2.25% and Freedom 7.5%. But if you don't, FU is 1.5UR, which may, or may not, be better than a 2% cashback card.

Similarly, if you transfer rather than purchase travel, CSP may be better than CSR, depending if extra earning, lounge access etc, is worth the extra $55 AF (assuming you fully use the travel credit)

Strongly disagree here.

This all depends on what your goals are and what your spending habits are.

Let me give myself as an example. I have the CSP (90 AF) along with the FU + F (no AFs).

I recently bought tickets for the wifey and I costing 700, for a measley 30k points + ~$20.

You just have to know what you're doing and know where to look to get good value.

URs is by far the most versatile rewards program. and utilizing cards that help increase the amount of points available on that program (which you can later transfer 1:1, and get a phenomenal deal) is not really overhyping it. But that's just my two cents..

As for the CSR vs CSP, it only makes sense if you use that travel credit, otherwise, imo, that extra 1x doesnt justify the no 1st year waive + extra AF.

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 16:37:29 GMT

@Random_idiot wrote:
1. Freedom- rotating categories- 5% cash back (by also having a CSP/CSR/Ink, it allows you to turn cash back to miles, so it's 5x per dollar on the rotating categories).
2. FU- basically an everyday card for non dining + non category spending. 1.5% cash back (same as above where it can be 1.5x per dollar). The 0.5 may not seem like a lot, but when you pay your bills + misc spending with this, I can tel you from personal use, the points come rushing in.
3. CSR/CSP/ink- lastly, the 'AF cards' which unlocks the capabilities of turning cash back to miles. Of course depending on which one you get, the points differ.

The chase trio is sought out due to how valuable URs are. IMO it is probably the best rewards system and most flexible.

I'd advise you to break down the numbers before you apply as chase does have the 5/24, so it is important to plan the applications prior to doing so.

Hope that helps.

_______________________________________________________________________________________________________________________________

Not true. Went into the branch the other day and inquired about the 5/24 rule when it comes to their CC's. The personal banker said that only applies for the CSR. They are more lenient about it for the other cards.

Re: Chase Trio?

Random_idiot — Mon, 20 Mar 2017 16:54:05 GMT

@Anonymous wrote:
@Random_idiot wrote:
1. Freedom- rotating categories- 5% cash back (by also having a CSP/CSR/Ink, it allows you to turn cash back to miles, so it's 5x per dollar on the rotating categories).
2. FU- basically an everyday card for non dining + non category spending. 1.5% cash back (same as above where it can be 1.5x per dollar). The 0.5 may not seem like a lot, but when you pay your bills + misc spending with this, I can tel you from personal use, the points come rushing in.
3. CSR/CSP/ink- lastly, the 'AF cards' which unlocks the capabilities of turning cash back to miles. Of course depending on which one you get, the points differ.

The chase trio is sought out due to how valuable URs are. IMO it is probably the best rewards system and most flexible.

I'd advise you to break down the numbers before you apply as chase does have the 5/24, so it is important to plan the applications prior to doing so.

Hope that helps.
_______________________________________________________________________________________________________________________________
Not true. Went into the branch the other day and inquired about the 5/24 rule when it comes to their CC's. The personal banker said that only applies for the CSR. They are more lenient about it for the other cards.

Yeah, those bankers have nothing to do with the approval process, so I take whatever BS they spew with a grain of salt.

A quick google shows that the 5/24 applies for all Chase branded cards, and some co-branded. That being said, just like everything credit related YMMV.

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 16:57:21 GMT

A lot of those bankers didn't even know what 5/24 was when it first came out.

Re: Chase Trio?

Anonymous — Mon, 20 Mar 2017 18:08:56 GMT

@Random_idiot wrote:
@Anonymous wrote:
Like a few (OK, many!) things here, the Trio is perhaps overhyped here for some people.

Yes, IF you buy travel through the Chase portal, having the CSR will make FU 2.25% and Freedom 7.5%. But if you don't, FU is 1.5UR, which may, or may not, be better than a 2% cashback card.

Similarly, if you transfer rather than purchase travel, CSP may be better than CSR, depending if extra earning, lounge access etc, is worth the extra $55 AF (assuming you fully use the travel credit)

Strongly disagree here.

This all depends on what your goals are and what your spending habits are.

Let me give myself as an example. I have the CSP (90 AF) along with the FU + F (no AFs).
I recently bought tickets for the wifey and I costing 700, for a measley 30k points + ~$20.

You just have to know what you're doing and know where to look to get good value.

URs is by far the most versatile rewards program. and utilizing cards that help increase the amount of points available on that program (which you can later transfer 1:1, and get a phenomenal deal) is not really overhyping it. But that's just my two cents..

As for the CSR vs CSP, it only makes sense if you use that travel credit, otherwise, imo, that extra 1x doesnt justify the no 1st year waive + extra AF.

Well, you cannot always get great value depending where you want to go (and of course where you start from) and your constraints. Award travel doesn't always work for people and on many airlines, domestic coach isn't a worthwhile use of points. So yes, there are situations where it is really great (especially on aspirational travel) but my point was that may not be true ffor a lot of people, at least some of the time.

That said, URs are great in that they can, at worst, be redeemed for cash at 1c, so, unlike some of the other points, it's always going to be at least "OK".

Re: Chase Trio?

Random_idiot — Mon, 20 Mar 2017 18:25:04 GMT

@Anonymous wrote:
@Random_idiot wrote:
@Anonymous wrote:
Like a few (OK, many!) things here, the Trio is perhaps overhyped here for some people.

Yes, IF you buy travel through the Chase portal, having the CSR will make FU 2.25% and Freedom 7.5%. But if you don't, FU is 1.5UR, which may, or may not, be better than a 2% cashback card.

Similarly, if you transfer rather than purchase travel, CSP may be better than CSR, depending if extra earning, lounge access etc, is worth the extra $55 AF (assuming you fully use the travel credit)

Strongly disagree here.

This all depends on what your goals are and what your spending habits are.

Let me give myself as an example. I have the CSP (90 AF) along with the FU + F (no AFs).
I recently bought tickets for the wifey and I costing 700, for a measley 30k points + ~$20.

You just have to know what you're doing and know where to look to get good value.

URs is by far the most versatile rewards program. and utilizing cards that help increase the amount of points available on that program (which you can later transfer 1:1, and get a phenomenal deal) is not really overhyping it. But that's just my two cents..

As for the CSR vs CSP, it only makes sense if you use that travel credit, otherwise, imo, that extra 1x doesnt justify the no 1st year waive + extra AF.
Well, you cannot always get great value depending where you want to go (and of course where you start from) and your constraints. Award travel doesn't always work for people and on many airlines, domestic coach isn't a worthwhile use of points. So yes, there are situations where it is really great (especially on aspirational travel) but my point was that may not be true ffor a lot of people, at least some of the time.

That said, URs are great in that they can, at worst, be redeemed for cash at 1c, so, unlike some of the other points, it's always going to be at least "OK".

Yup, unfortunately, to get good value, you have to have good flexibility, including sometimes open availability. It's not everyones cup of tea for sure.