topic Re: Trave rewards card in Credit Cards

Trave rewards card

GTT — Fri, 14 Feb 2014 17:48:47 GMT

Huntington Voice has a 3% category for travel, does it beat other travel cards, e.g. CSP which have normally 2% rewards, if your expense does't exceed the cap every quarter?

Re: Trave rewards card

Anonymous — Fri, 14 Feb 2014 17:58:40 GMT

@GTT wrote:
Huntington Voice has a 3% category for travel, does it beat other travel cards, e.g. CSP which have normally 2% rewards, if your expense does't exceed the cap every quarter?

depends on how you use UR points. If you can get 1.5ccp for each UR (which is very easily to do, fyi), then the CSP is essentially a 3% travel rewards card too.

You can get a lot more value for UR in general, but you have to use it the right way, and more importantly, it has to suit your schedule and lifestyle.

Re: Trave rewards card

GTT — Fri, 14 Feb 2014 18:00:42 GMT

how to get 1.5% UR point and how is that CSP can make it 3%?

Re: Trave rewards card

Anonymous — Fri, 14 Feb 2014 18:06:25 GMT

@GTT wrote:
how to get 1.5% UR point and how is that CSP can make it 3%?

if you transfer it to UA, Hyatt or SW, you can easily get >1.5ccp.

The easiest way to milk a high ccp value with UR is usually with Hyatt transfers.

For instance, if each UR is worth 1.5 cents to you, and you are getting 2% for retaurants / travel expenses, then the CSP is essentially a 3% card for restaurant and travel expenses, 1.5% base card.

If you are just using UR points for cashback or gift cards redemptions, then yea it's only worth 1%.

Re: Trave rewards card

Themanwhocan — Fri, 14 Feb 2014 18:09:00 GMT

There is a Chase AARP card that gives 3% cash back on travel purchases. Just be aware that there are two versions of the Chase AARP card.

There are no earning caps.

Re: Trave rewards card

GTT — Fri, 14 Feb 2014 18:12:02 GMT

So you're saying 2% is the base mile points, and if I transfer it to UA, it will be 2% * 1.5 = 3%, plus 7% annual dividend and 10% bonus with chase checking account, then it will win 3%, right?

Re: Trave rewards card

Anonymous — Fri, 14 Feb 2014 18:25:45 GMT

@GTT wrote:
So you're saying 2% is the base mile points, and if I transfer it to UA, it will be 2% * 1.5 = 3%, plus 7% annual dividend and 10% bonus with chase checking account, then it will win 3%, right?

the CSP has a 7% annual dividend, but 10% bonus applies only to Chase Freedom.

What I am saying is, if you can milk out 1.5 ccp for UR points, then you are tied at 3% (excluding the dividend since it's so insignificant). However, depending on how you use UR, you can milk it for more than just 1.5 ccp as well, especially if you are using it for international premium cabin UA redemption, or for high end Hyatt properties.

For instance, I am looking at a Hyatt redemption that costs on average 390.99USD / night, or 15,000 points. That'll give me 2.6ccp essentially.

Re: Trave rewards card

DigitalArk — Fri, 14 Feb 2014 18:35:29 GMT

@Anonymous wrote:

the CSP has a 7% annual dividend...

Is it every year or just the very first year after account opening?

Re: Trave rewards card

Anonymous — Fri, 14 Feb 2014 18:41:03 GMT

@DigitalArk wrote:
@Anonymous wrote:
the CSP has a 7% annual dividend...
Is it every year or just the very first year after account opening?

As "annual dividend" suggests, it happens every year, as long as you have the card.

Re: Trave rewards card

GTT — Fri, 14 Feb 2014 18:43:18 GMT

OK, got you. So 2% UR points is actually more valuable than 3% cashback.

yes, this 10% only apply for freedom, but it can be transferred to CSP and again get 7% dividend.

Re: Trave rewards card

Anonymous — Fri, 14 Feb 2014 18:46:29 GMT

@GTT wrote:
So you're saying 2% is the base mile points, and if I transfer it to UA, it will be 2% * 1.5 = 3%, plus 7% annual dividend and 10% bonus with chase checking account, then it will win 3%, right?

The actual redemption value depends on what you do. So, you can transfer say 100K UR points to United. You could use those 100K now IUnited points in various ways. Some awards, especially premium cabin international flights can give you high cents per point figures. You could also use them for a set of already cheap coach domestic flights, and get very little value.

As enharu mentioned though, getting the "best" value usually involves a lot of flexibility in your schedule, lots of people are go for similar awards so finding availablity on exact dates (or exact months!) can be tough. With 3% cash back, you don't have that issue and you don't have to book trips to get the value.

Re: Trave rewards card

Anonymous — Fri, 14 Feb 2014 18:47:28 GMT

@GTT wrote:
OK, got you. So 2% UR points is actually more valuable than 3% cashback.

yes, this 10% only apply for freedom, but it can be transferred to CSP and again get 7% dividend.

Don't think that is true. The 7% applies only to points EARNED with the CSP, not transferred to it.

Re: Trave rewards card

GTT — Fri, 14 Feb 2014 19:02:52 GMT

thanks for the correction.