topic Re: Wait for better CSP offer? in Credit Cards

Wait for better CSP offer?

flyingpenguin — Thu, 11 Aug 2022 01:43:54 GMT

The current CSP offer I see is 60K points after you spend $4K in 3 months, no waiving of the first annual fee. Should I go ahead and apply for it, or wait / hope for a better offer? (On it or CSR.) I see there was a better offer (80K points) in June, but I missed it. I want the card because I'm planning to book some travel soon.

Re: Wait for better CSP offer?

SouthJamaica — Thu, 11 Aug 2022 03:37:40 GMT

@flyingpenguin wrote:
The current CSP offer I see is 60K points after you spend $4K in 3 months, no waiving of the first annual fee. Should I go ahead and apply for it, or wait / hope for a better offer? (On it or CSR.) I see there was a better offer (80K points) in June, but I missed it. I want the card because I'm planning to book some travel soon.

That's up to you. But sometimes you can get a better offer at a branch.

Re: Wait for better CSP offer?

Citylights18 — Thu, 11 Aug 2022 13:31:24 GMT

60k is the standard offer on the CSP and that is not a bad offer.

I guess it depends on your travel horizon. If you aren't planning a major trip you can wait to see if an elevated offer comes in. Typically some of the best offers are in Jan-Feb timeframe before people have bought summer travel.

Re: Wait for better CSP offer?

flyingpenguin — Fri, 12 Aug 2022 03:43:04 GMT

@SouthJamaica wrote:
@flyingpenguin wrote:
The current CSP offer I see is 60K points after you spend $4K in 3 months, no waiving of the first annual fee. Should I go ahead and apply for it, or wait / hope for a better offer? (On it or CSR.) I see there was a better offer (80K points) in June, but I missed it. I want the card because I'm planning to book some travel soon.
That's up to you. But sometimes you can get a better offer at a branch.

Thanks! Even if I don't have a banking relationship with them?

Re: Wait for better CSP offer?

flyingpenguin — Fri, 12 Aug 2022 03:43:39 GMT

@Citylights18 wrote:
60k is the standard offer on the CSP and that is not a bad offer.

I guess it depends on your travel horizon. If you aren't planning a major trip you can wait to see if an elevated offer comes in. Typically some of the best offers are in Jan-Feb timeframe before people have bought summer travel.

Good to know, maybe I'll wait till then. Thanks!

Re: Wait for better CSP offer?

LawStudentCivilis — Fri, 12 Aug 2022 10:53:19 GMT

@Citylights18 wrote:
60k is the standard offer on the CSP and that is not a bad offer.

I guess it depends on your travel horizon. If you aren't planning a major trip you can wait to see if an elevated offer comes in. Typically some of the best offers are in Jan-Feb timeframe before people have bought summer travel.

I would disagree with the Jan-Feb time frame. I got the very tail end of the 100k offer some time last November. I personally wouldnt app for lower than their 80k offer.

Re: Wait for better CSP offer?

Hoben02 — Fri, 12 Aug 2022 16:33:21 GMT

Here this may guide your decision

https://thriftytraveler.com/news/credit-card/chase-80k-offer-all-about-competiton/

Re: Wait for better CSP offer?

coldfusion — Fri, 12 Aug 2022 17:03:38 GMT

@flyingpenguin wrote:
@SouthJamaica wrote:
@flyingpenguin wrote:
The current CSP offer I see is 60K points after you spend $4K in 3 months, no waiving of the first annual fee. Should I go ahead and apply for it, or wait / hope for a better offer? (On it or CSR.) I see there was a better offer (80K points) in June, but I missed it. I want the card because I'm planning to book some travel soon.
That's up to you. But sometimes you can get a better offer at a branch.
Thanks! Even if I don't have a banking relationship with them?

Yes, you can ask if they have an ongoing promotion for the CSP even if you don't currently have an account. You can also keep an eye out for affinity links with enhanced offers that pop up on places like the CardMatch tool on creditcards.com

Re: Wait for better CSP offer?

ptatohed — Sat, 13 Aug 2022 07:58:47 GMT

I don't see anything better on my Chase CPC portal right now.

Re: Wait for better CSP offer?

Remedios — Sat, 13 Aug 2022 15:32:48 GMT

@Hoben02 wrote:
Here this may guide your decision

https://thriftytraveler.com/news/credit-card/chase-80k-offer-all-about-competiton/

I would take that article with a grain of salt because "80K ain't coming back any time soon but it's great card, here is our referral link for current offer, go for it!"

When I find a blogger who's getting paid for reviews (and referrals) who states "this card sucks, dont apply" before putting referral link, I'll buy whatever they are selling.

And while some gently approach "cons", those "cons" are always minimized while "pro" is almost universally exaggerated.

Read enough of that and every card becomes ideal.

Re: Wait for better CSP offer?

flyingpenguin — Sun, 14 Aug 2022 20:02:39 GMT

Thanks, everyone! I did some more research and decided to go with AMEX Gold's 90K targeted offer instead. Maybe consider CSP down the road if a better offer comes along. Thanks again!

I applied when logged into my AMEX account and it seems AMEX didn't do a hard pull - I app'd on Friday and haven't gotten any credit monitoring alerts yet.

Re: Wait for better CSP offer?

Anonymous — Sun, 14 Aug 2022 20:40:51 GMT

@Remedios wrote:
@Hoben02 wrote:
Here this may guide your decision

https://thriftytraveler.com/news/credit-card/chase-80k-offer-all-about-competiton/

I would take that article with a grain of salt because "80K ain't coming back any time soon but it's great card, here is our referral link for current offer, go for it!"

When I find a blogger who's getting paid for reviews (and referrals) who states "this card sucks, dont apply" before putting referral link, I'll buy whatever they are selling.

And while some gently approach "cons", those "cons" are always minimized while "pro" is almost universally exaggerated.

Read enough of that and every card becomes ideal.

True, whereas on MyFico, you can find every card and every issuer being both the best and worst ever!

Re: Wait for better CSP offer?

Remedios — Sun, 14 Aug 2022 23:50:57 GMT

@Anonymous wrote:
@Remedios wrote:
@Hoben02 wrote:
Here this may guide your decision

https://thriftytraveler.com/news/credit-card/chase-80k-offer-all-about-competiton/

I would take that article with a grain of salt because "80K ain't coming back any time soon but it's great card, here is our referral link for current offer, go for it!"

When I find a blogger who's getting paid for reviews (and referrals) who states "this card sucks, dont apply" before putting referral link, I'll buy whatever they are selling.

And while some gently approach "cons", those "cons" are always minimized while "pro" is almost universally exaggerated.

Read enough of that and every card becomes ideal.
True, whereas on MyFico, you can find every card and every issuer being both the best and worst ever!

Absolutely.

Blogs/YouTube etc, you're getting thinly weiled marketing and here you're getting opinion pieces weiled as some form of higher credit enlightenmen when it comes to card selection.

If everyone does their own research, then asks very specific questions, things usually go okay.

If one asks about "what's the best card, score 720", the answers are going to be split 50/50 between "Define best" and "Go with lender XYZ, they gave me highest limit"

I wish I had a dollar for every time I saw someone asks about a good card for restaurant/grocery spend, specifically states they do not travel, then end up applying for Amex Gold because everyone knows that's the best card!!!! everything else will work itself out later ("Will Amex be mad if I cancel, card is horrible for me!!!).

I can tolerate opinion pieces because no one is getting paid for them and there is opportunity to challenge those opinions, some believe that what works for them can be universally applied to every individual, but they aren't getting rich from it. If anything, they are actually losing time.

I do firmly believe quality of answers depends on how question is posed and how much effort individual has put into research before even asking.

Re: Wait for better CSP offer?

Anonymous — Mon, 15 Aug 2022 13:21:12 GMT

@Remedios wrote:
@Anonymous wrote:
@Remedios wrote:
@Hoben02 wrote:
Here this may guide your decision

https://thriftytraveler.com/news/credit-card/chase-80k-offer-all-about-competiton/

I would take that article with a grain of salt because "80K ain't coming back any time soon but it's great card, here is our referral link for current offer, go for it!"

When I find a blogger who's getting paid for reviews (and referrals) who states "this card sucks, dont apply" before putting referral link, I'll buy whatever they are selling.

And while some gently approach "cons", those "cons" are always minimized while "pro" is almost universally exaggerated.

Read enough of that and every card becomes ideal.
True, whereas on MyFico, you can find every card and every issuer being both the best and worst ever!
Absolutely.
Blogs/YouTube etc, you're getting thinly weiled marketing and here you're getting opinion pieces weiled as some form of higher credit enlightenmen when it comes to card selection.

If everyone does their own research, then asks very specific questions, things usually go okay.
If one asks about "what's the best card, score 720", the answers are going to be split 50/50 between "Define best" and "Go with lender XYZ, they gave me highest limit"

I wish I had a dollar for every time I saw someone asks about a good card for restaurant/grocery spend, specifically states they do not travel, then end up applying for Amex Gold because everyone knows that's the best card!!!! everything else will work itself out later ("Will Amex be mad if I cancel, card is horrible for me!!!).

I can tolerate opinion pieces because no one is getting paid for them and there is opportunity to challenge those opinions, some believe that what works for them can be universally applied to every individual, but they aren't getting rich from it. If anything, they are actually losing time.

I do firmly believe quality of answers depends on how question is posed and how much effort individual has put into research before even asking.

I agree! (with the caveat that there is a SIMPLE program that will assign absolutely the best card for you based on your spending and goals, or we will give you MONEY BACK [see footnotes for limitations and exclusions]. Just $79.97 per minute. 1-900-GET-RICH)

Re: Wait for better CSP offer?

SecretAzure — Fri, 19 Aug 2022 16:52:06 GMT

I read somewhere that certain friend referrals were higher than the 60K. Does anyone know if that's true?