topic Re: sapphire vs freedom in Credit Cards

sapphire vs freedom

afbar1114 — Wed, 11 Apr 2012 04:14:34 GMT

Why are these two cards everyone wants and if one has csp and gets bonus can they redeem it for stuff other then travel

Re: sapphire vs freedom

Open123 — Wed, 11 Apr 2012 04:17:00 GMT

@afbar1114 wrote:
Why are these two cards everyone wants and if one has csp and gets bonus can they redeem it for stuff other then travel

CSP + Freedom + Chase Checking is probably the best combination of rewards offered by anyone right now.

Re: sapphire vs freedom

SwiftTone — Wed, 11 Apr 2012 04:20:40 GMT

Basicaly having both the Freedom and the Sapphire(Preferred) will cover all the cash back bonuses. They both share the same bonus program so you can transfer points from the Freedom to the CSP. If you redeem your points through their travel partners, you get an extra 25%.

Also, having a checking acct adds even more perks.

If you have all three, you get:

Freedom- up to 5% cash back, 10 points per transaction(no minimum), 10% bonus on your yearly earned points

CSP- up to 2% on dining and travel, 7% bonus on your yearly earned points, 25% bonus on points if you spend at their partners.

Awesome combo, I want it.

Re: sapphire vs freedom

SamsungHDTV — Wed, 11 Apr 2012 04:22:29 GMT

@SwiftTone wrote:
Basicaly having both the Freedom and the Sapphire(Preferred) will cover all the cash back bonuses. They both share the same bonus program so you can transfer points from the Freedom to the CSP. If you redeem your points through their travel partners, you get an extra 25%.

Also, having a checking acct adds even more perks.

If you have all three, you get:
Freedom- up to 5% cash back, 10 points per transaction(no minimum), 10% bonus on your yearly earned points
CSP- up to 2% on dining and travel, 7% bonus on your yearly earned points, 25% bonus on points if you spend at their partners.

Awesome combo, I want it.

I want it too. It's even worse that I work for Chase and I don't have it. My credit isn't where it needs to be, but someday I'll have this combo.

Re: sapphire vs freedom

Open123 — Wed, 11 Apr 2012 04:22:48 GMT

@SwiftTone wrote:
Basicaly having both the Freedom and the Sapphire(Preferred) will cover all the cash back bonuses. They both share the same bonus program so you can transfer points from the Freedom to the CSP. If you redeem your points through their travel partners, you get an extra 25%.

Also, having a checking acct adds even more perks.

If you have all three, you get:
Freedom- up to 5% cash back, 10 points per transaction(no minimum), 10% bonus on your yearly earned points
CSP- up to 2% on dining and travel, 7% bonus on your yearly earned points.

Awesome combo, I want it.

Yeah, me too.

At some point, I'm going to app for the Freedom and sign up for a Chase checking. Running small "non accelerated" rewards expenses through the Freedom for the UR program offers a nice boost, not to mention the 5% rotating categories.

Re: sapphire vs freedom

Anonymous — Wed, 11 Apr 2012 04:23:42 GMT

I agree. I wish i had rolled with the freedom as opposed to the bce, just for the rewards link.

Re: sapphire vs freedom

Open123 — Wed, 11 Apr 2012 04:24:59 GMT

@SamsungHDTV wrote:
@SwiftTone wrote:
Basicaly having both the Freedom and the Sapphire(Preferred) will cover all the cash back bonuses. They both share the same bonus program so you can transfer points from the Freedom to the CSP. If you redeem your points through their travel partners, you get an extra 25%.

Also, having a checking acct adds even more perks.

If you have all three, you get:
Freedom- up to 5% cash back, 10 points per transaction(no minimum), 10% bonus on your yearly earned points
CSP- up to 2% on dining and travel, 7% bonus on your yearly earned points, 25% bonus on points if you spend at their partners.

Awesome combo, I want it.
I want it too. It's even worse that I work for Chase and I don't have it. My credit isn't where it needs to be, but someday I'll have this combo.

Really? You'd imagine Chase would make an exception for one of their own.

I haven't opened up a new deposit account in 10 years, and never thought I ever would again. Now, I will definitely move over some personal stuff to Chase because of this deal.

Re: sapphire vs freedom

Open123 — Wed, 11 Apr 2012 04:26:13 GMT

@Anonymous wrote:
I agree. I wish i had rolled with the freedom as opposed to the bce, just for the rewards link.

Right, with this combo, no reason to use my BCE anymore, really.

Re: sapphire vs freedom

SwiftTone — Wed, 11 Apr 2012 04:35:32 GMT

I actually applied for a CSP about 40 days ago. Got the "needs further reivew" msg. Called backdoor immediately and they reviewed my app. Said although my history looks good, and my lates from 2+ year ago that theyre not worried about, they couldn't approve me because I had no "similar credit lines". grrr

Called again a couple days late on a weekday(maybe the weekend warriors are grumpy), and they gave me the same reason.

Called a 3rd when I recieved the denial letter. The guy mentions that I already called twice, but he "will look again". Said I had too many inquires(2 in the last 12 months, 1 is from landlord), and I had lates and started naming them off starting from 2005(**bleep**). The guy was kind of a jerk, unlike the other 2.

Anyways I gave up.

What did I get out of all this? A HP? Sure. But I also get 3 free EX credit reports due to adverse action lol.

I just got approved for Discover More an hour ago for $3500. I will apply for CSP again in a few months.

Re: sapphire vs freedom

SamsungHDTV — Wed, 11 Apr 2012 04:47:51 GMT

@Open123 wrote:
@SamsungHDTV wrote:
@SwiftTone wrote:
Basicaly having both the Freedom and the Sapphire(Preferred) will cover all the cash back bonuses. They both share the same bonus program so you can transfer points from the Freedom to the CSP. If you redeem your points through their travel partners, you get an extra 25%.

Also, having a checking acct adds even more perks.

If you have all three, you get:
Freedom- up to 5% cash back, 10 points per transaction(no minimum), 10% bonus on your yearly earned points
CSP- up to 2% on dining and travel, 7% bonus on your yearly earned points, 25% bonus on points if you spend at their partners.

Awesome combo, I want it.
I want it too. It's even worse that I work for Chase and I don't have it. My credit isn't where it needs to be, but someday I'll have this combo.
Really? You'd imagine Chase would make an exception for one of their own.

I haven't opened up a new deposit account in 10 years, and never thought I ever would again. Now, I will definitely move over some personal stuff to Chase because of this deal.

They actually do special consideration for us Chase employees. I think I'm just afraid my scores are too low to get approved even with special consideration.

Re: sapphire vs freedom

afbar1114 — Wed, 11 Apr 2012 04:53:58 GMT

so it looks like i will be doing a pc from slate to freedom and getting csp or plain old CS...btw which is better.... insted of bce in a year if i can to have this combo...but if i dont travel as much does it still make sense?

Re: sapphire vs freedom

SwiftTone — Wed, 11 Apr 2012 04:54:49 GMT

Can you tell me why I can't open a checking account online when I'm out of Chase's footprint. I'm in Boston

I even called a Chase branch in Manhattan and asked if they can mail me the paperwork, and Ill get everything notarized. Still said no. GRRR

Re: sapphire vs freedom

afbar1114 — Wed, 11 Apr 2012 05:00:59 GMT

@SwiftTone wrote:
Can you tell me why I can't open a checking account online when I'm out of Chase's footprint. I'm in Boston

I even called a Chase branch in Manhattan and asked if they can mail me the paperwork, and Ill get everything notarized. Still said no. GRRR

might be banking laws in each state is diffrent and one needs to have a branch in there state in order to open one?

Re: sapphire vs freedom

Anonymous — Wed, 11 Apr 2012 07:43:26 GMT

@Open123 wrote:
@Anonymous wrote:
I agree. I wish i had rolled with the freedom as opposed to the bce, just for the rewards link.
Right, with this combo, no reason to use my BCE anymore, really.

BCE is good for 2% at Amazon still (or BCP for 3%).

Re: sapphire vs freedom

clocktick — Wed, 11 Apr 2012 10:40:54 GMT

What is the maximum amount of personal Chase cards one can have?

Re: sapphire vs freedom

afbar1114 — Wed, 11 Apr 2012 14:02:10 GMT

Can i have the reg sapphire or do i need preferd

Re: sapphire vs freedom

SamsungHDTV — Wed, 11 Apr 2012 14:53:05 GMT

@afbar1114 wrote:
Can i have the reg sapphire or do i need preferd

It's up to you which card you want. Go to chase.com and compare the two cards. Calculate your spending habits into they card rewards system and see if the AF is worth it for you.

Re: sapphire vs freedom

afbar1114 — Wed, 11 Apr 2012 14:58:56 GMT

It looks like you get more with prefered in regards to hotels and flights

Re: sapphire vs freedom

SamsungHDTV — Wed, 11 Apr 2012 15:04:20 GMT

@afbar1114 wrote:
It looks like you get more with prefered in regards to hotels and flights

+ the 7% dividends. The sign up bonus 40K points worth $400 in cash or $500 in travel rewards pays for the card for 4-5 years. IMO I'd only get a card with an AF if my credit was bad, or I spend so much the advantages of an AF card pays for itself as compared to a no AF card.

EDIT: And the preferred has no foreign transaction fees, which is a huge convenience if you are travel outside the US

Re: sapphire vs freedom

Open123 — Wed, 11 Apr 2012 15:30:25 GMT

@afbar1114 wrote:
Can i have the reg sapphire or do i need preferd

To transfer points, you need the CSP.

I'm not sure about the combo, but I'd bet the CSP is a pre-requisite. The 10 points (up to 100 per month) on the Freedom with this combo will more than pay the fee for the CSP. Not that hard to do, really. Use it for coffee daily. Pay your cable/phone bills in $1 increments. That's an extra 12,000 UR points per year.

This will be my next set-up.