topic Re: US Bank FlexPoints vs Chase UR points in Credit Cards

US Bank FlexPoints vs Chase UR points

Green456 — Tue, 09 Jul 2019 13:39:20 GMT

So I am going over points value and someone correct me if I am wrong but FlexPoints beat UR points. Follow my calculations here:
US Bank Altitude vs CSR
- both offer 3 points on travel = 4.5%

US FlexPerks vs Freedome Unlimitted
US bank gives following:
- 2 points on grocery stores = 3%
- $49 fee, if you spend at least $10,000 a year, this equals to 2.5%
Freedome gives following:
- 1.5% with CSR bonus gives 2.25%
- US Bank is a winner here

US Flex Perks Select vs Freedome unlimitted
- 1 point = 1.5% vs 2.25% on Chase
- Clearly Chase is winner here

I didn't incldue gas as there are better cards to be used on gas expenses, same for cells phones, utilities and internet and cable.

It seems to me like FlexPoints beat UR points at least in the grocery category and for me this is the biggest expense.

Re: US Bank FlexPoints vs Chase UR points

kdm31091 — Tue, 09 Jul 2019 12:24:01 GMT

To me it's important to be careful relying on the inflated "values" that most sites throw around. Yes, you get a bonus w/ Chase points if you use the portal to book, but if the portal isn't your best or cheapest option, it's a wash and the "value" diminishes. I think if you're comparing them it's best to start with a very conservative value to make sure you don't overestimate one ecosystem.

I would check into the actual redemption you expect to make and go from there and see what the value you would get is. Many blogs throw around these values and IMO they can be misleading because not everyone is going to get the value, yet sites act like it's foregone conclusion.

There is really no best reward system as it just depends on your specific situation and what you want to redeem for.

Re: US Bank FlexPoints vs Chase UR points

NRB525 — Tue, 09 Jul 2019 14:18:13 GMT

OP how much of your spend is dining out? Neither of the US Bank cards has a dining category although depending on the fast food place, Altitude may be able to use mobile wallet. CSR gets three points on dining.

The grocery category also needs to consider whether the grocery store accepts contactless / mobile wallet, in which case Altitude wins there also.

Re: US Bank FlexPoints vs Chase UR points

Green456 — Tue, 09 Jul 2019 16:23:24 GMT

@NRB525 wrote:
OP how much of your spend is dining out? Neither of the US Bank cards has a dining category although depending on the fast food place, Altitude may be able to use mobile wallet. CSR gets three points on dining.

The grocery category also needs to consider whether the grocery store accepts contactless / mobile wallet, in which case Altitude wins there also.

US Bank Flex Gold gives 4.5% on dining for $85 fee. So essentially $165 vs $150 CSR. But we spend $200 a month on dining. So it is not worth it for us.

Re: US Bank FlexPoints vs Chase UR points

NRB525 — Tue, 09 Jul 2019 17:26:40 GMT

Maybe I missed it, but do you have either an iPhone or Android phone for mobile wallet? That is a potentially large influence in favor of Altitude.

In your optimization be sure to note features overlap. Lounge access, rental car coverages, and other features of VISA Infinite apply similarly to Altitude and CSR. So the net AF on one of the cards means the second VISA Infinte card team has to earn out of that AF. If dining is only $2,400 per year, CSR is only going to earn $108 of rewards for the $150 additional AF. Altitude will earn $36 in dining return, without adding more AF, and for many ( not all ) travel spend items, Altitude will earn the same as CSR, when the presumption is only travel rewards through the Portals.

When Chase UR points are transferred to travel partners, the calculation changes yet again, in Chase’s favor, but the AF still needs to be considered.

Re: US Bank FlexPoints vs Chase UR points

imaximous — Tue, 09 Jul 2019 17:32:54 GMT

It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.

For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a combination of a few UR earning cards.

I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.

Re: US Bank FlexPoints vs Chase UR points

Green456 — Tue, 09 Jul 2019 18:15:11 GMT

@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a combination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.

I see. That's a pretty good deal. From what I read average UR point = 1.5 cents however. But now I know why some people were averaging is as higher 1.7 cents per point.

Re: US Bank FlexPoints vs Chase UR points

Anonymous — Tue, 09 Jul 2019 18:19:29 GMT

@Green456 wrote:
@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a combination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.
I see. That's a pretty good deal. From what I read average UR point = 1.5 cents however. But now I know why some people were averaging is as higher 1.7 cents per point.

1.5cpp is the minimum with the CSR, as that is a guaranteed rate for travel purchased through the portal. So people (generally) won't transfer and get a lower rate, so the average should be a bit higher.

Re: US Bank FlexPoints vs Chase UR points

wasCB14 — Tue, 09 Jul 2019 18:34:46 GMT

The 5x Freedom card often has a grocery quarter, but it's temporary and capped.

Neither system is particularly good for grocery spend. If you're shopping at places that fit within Amex's "supermarket" category, maybe look at something like Gold or EveryDay Preferred as a way to earn a lot of miles (if you can use the MR transfer partners or their codeshares).

Re: US Bank FlexPoints vs Chase UR points

imaximous — Tue, 09 Jul 2019 18:56:12 GMT

@Green456 wrote:
@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a combination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.
I see. That's a pretty good deal. From what I read average UR point = 1.5 cents however. But now I know why some people were averaging is as higher 1.7 cents per point.

1.7cpp is on the low end too. As LTL said, the minimum (not average) is 1.5 cents. I'm getting over 4cpp on that Hyatt redemption. Sometimes it's less but it can also be more if you find space in business/first class flights. It does take more patience and luck to extract the most out of your URs.

Re: US Bank FlexPoints vs Chase UR points

imaximous — Tue, 09 Jul 2019 19:00:27 GMT

@wasCB14 wrote:
The 5x Freedom card often has a grocery quarter, but it's temporary and capped.

Neither system is particularly good for grocery spend. If you're shopping at places that fit within Amex's "supermarket" category, maybe look at something like Gold or EveryDay Preferred as a way to earn a lot of miles (if you can use the MR transfer partners or their codeshares).

I'd lean towards the AR at 4.5x for groceries all the time without having to think about quaters and limited spend.

Amex would require that OP add another currency, but I agree they have better cards for supermarkets if the spend justifies getting an Amex.

Re: US Bank FlexPoints vs Chase UR points

Anonymous — Tue, 09 Jul 2019 22:12:41 GMT

@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a cowhere mbination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.

Which Hyatt is that? I have never seen anything like that. Consistently getting 1.8 to 2 CPP with Hyatt. I got my Hyatt 2 free nights and beat by a hair the price increase at Regency in Amsterdam. They raised from 15k to 25k for room that tops out at $300.

I prefer Marriott points as so many locations, 5th night free and much easier to earn.

Re: US Bank FlexPoints vs Chase UR points

Caught750 — Tue, 09 Jul 2019 23:11:45 GMT

OP, 1.7 cpp can still be extremely low. If I recall correctly I’m getting over 5cpp value on a Hyatt redemption. I also get well over that on a second Hyatt redemption later this year.

Re: US Bank FlexPoints vs Chase UR points

Anonymous — Tue, 09 Jul 2019 23:13:23 GMT

@Caught750 wrote:
OP, 1.7 cpp can still be extremely low. If I recall correctly I’m getting over 5cpp value on a Hyatt redemption. I also get well over that on a second Hyatt redemption later this year.

Hotel and dates?

Re: US Bank FlexPoints vs Chase UR points

Caught750 — Tue, 09 Jul 2019 23:27:48 GMT

Hyatt Orlando this November under the old award chart. Hyatt OCMD this August.

Re: US Bank FlexPoints vs Chase UR points

imaximous — Tue, 09 Jul 2019 23:35:34 GMT

@Anonymous wrote:
@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a cowhere mbination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.
Which Hyatt is that? I have never seen anything like that. Consistently getting 1.8 to 2 CPP with Hyatt. I got my Hyatt 2 free nights and beat by a hair the price increase at Regency in Amsterdam. They raised from 15k to 25k for room that tops out at $300.
I prefer Marriott points as so many locations, 5th night free and much easier to earn.

It’s not a high-end property. It’s a Hyatt Place in Ocean City, MD. What happens is that it’s a 15k-per-night hotel, but in the summer, cash prices per night can go above $500 + taxes per night because it’s right on the beach.

ETA: I can’t get any Marriott points because I have direct family there. I book a special low rate, but it doesn’t qualify for any points or elite nights, so I don’t bother trying to earn any points.

Re: US Bank FlexPoints vs Chase UR points

Anonymous — Tue, 09 Jul 2019 23:44:50 GMT

@imaximous wrote:
@Anonymous wrote:
@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a cowhere mbination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.
Which Hyatt is that? I have never seen anything like that. Consistently getting 1.8 to 2 CPP with Hyatt. I got my Hyatt 2 free nights and beat by a hair the price increase at Regency in Amsterdam. They raised from 15k to 25k for room that tops out at $300.
I prefer Marriott points as so many locations, 5th night free and much easier to earn.
It’s not a high-end property. It’s a Hyatt Place in Ocean City, MD. What happens is that it’s a 15k-per-night hotel, but in the summer, cash prices per night can go above $500 + taxes per night because it’s right on the beach.

ETA: I can’t get any Marriott points because I have direct family there. I book a special low rate, but it doesn’t qualify for any points or elite nights, so I don’t bother trying to earn any points.

I booked that hotel for 6 days last August. Cash price was $300 a night. It didnt open on time and they gave me 100k Hyatt points as compensation. I didnt ask for compensation. I rebooked for the Dewey Beach Hyatt which was a better location but hotel wasnt all that great. I stayed at Marriott at Bethany this year which I would say is pretty awesome

How was the Ocean City Hyatt? I might stay their next year

Re: US Bank FlexPoints vs Chase UR points

imaximous — Wed, 10 Jul 2019 03:24:27 GMT

@Anonymous wrote:
@imaximous wrote:
@Anonymous wrote:
@imaximous wrote:
It all depends on how you're going to use each currency and the categories that you spend the most on. If you're converting URs to cash only, it is possible that you could get more value from USB depending on your spend. But, I could get a lot more value from transferring URs to partners depending on the circumstances, and if I have the patience and luck to deal with award availability.
For instance, I have an upcoming reward stay at Hyatt that costs only 15,000 points per night, but the cash price is over $550 per night plus taxes. That's nearly $2,000 for a long weekend, but I'm using only 45,000 points. I can get those points pretty quickly with a cowhere mbination of a few UR earning cards.
I love my USB AR, and I use it a lot with Samsung Pay, but it just can't compete with certain redemptions.
Which Hyatt is that? I have never seen anything like that. Consistently getting 1.8 to 2 CPP with Hyatt. I got my Hyatt 2 free nights and beat by a hair the price increase at Regency in Amsterdam. They raised from 15k to 25k for room that tops out at $300.
I prefer Marriott points as so many locations, 5th night free and much easier to earn.
It’s not a high-end property. It’s a Hyatt Place in Ocean City, MD. What happens is that it’s a 15k-per-night hotel, but in the summer, cash prices per night can go above $500 + taxes per night because it’s right on the beach.

ETA: I can’t get any Marriott points because I have direct family there. I book a special low rate, but it doesn’t qualify for any points or elite nights, so I don’t bother trying to earn any points.
I booked that hotel for 6 days last August. Cash price was $300 a night. It didnt open on time and they gave me 100k Hyatt points as compensation. I didnt ask for compensation. I rebooked for the Dewey Beach Hyatt which was a better location but hotel wasnt all that great. I stayed at Marriott at Bethany this year which I would say is pretty awesome

How was the Ocean City Hyatt? I might stay their next year

100k points? Wow. That’s pretty much a full week there on points. Easily $3k+ in value this summer. I definitely didn’t find anything for $300.

I haven’t stayed there yet, so I can’t comment on the property but Hyatt Place seems to be pretty consistent in terms of features, so I have a good idea of what to expect. I need space for 5, and they have rooms with 2 queens and sofa bed. It works out great for us.