topic Re: CSP after one year... in Credit Cards

CSP after one year...

DigitalArk — Mon, 11 Aug 2014 00:42:43 GMT

How many ppl are still keeping it?

Re: CSP after one year...

Anonymous — Mon, 11 Aug 2014 00:44:01 GMT

Still have mine but am not too happy about the changes! I think the 2% on restaurants and the card look are keeping me =/

Re: CSP after one year...

mongstradamus — Mon, 11 Aug 2014 00:45:16 GMT

@DigitalArk wrote:
How many ppl are still keeping it?

I am contemplating it ,need to do numbers on how much I spend eating and travel.the reason I would keep it is I probably don't have access to ink cards .

Re: CSP after one year...

BearsAndTurtlesRtheBest — Mon, 11 Aug 2014 00:48:09 GMT

CSP is getting its cardholders dissapointed i would keep it only for the look but after a certain time I know that...... well that........... my love would go away from it (faints)

Re: CSP after one year...

bigblue7722 — Mon, 11 Aug 2014 00:50:59 GMT

I will keep mine cause of chase freedom. If it was not for the freedom i would probably get rid of it. I think the card should be two points on everything not just dining and travel. Chase marriott is def worth the 85 bucks just for the free night.

Re: CSP after one year...

red259 — Mon, 11 Aug 2014 00:51:04 GMT

@BearsAndTurtlesRtheBest wrote:
CSP is getting its cardholders dissapointed i would keep it only for the look but after a certain time I know that...... well that........... my love would go away from it (faints)

Since I have the ink bold I am just going to downgrade the CSP to the CS in order to keep the credit line open for util and AAoAs. Plus I can still use it for bonus spend on restaurants.

Re: CSP after one year...

BearsAndTurtlesRtheBest — Mon, 11 Aug 2014 01:06:17 GMT

@red259 wrote:
@BearsAndTurtlesRtheBest wrote:
CSP is getting its cardholders dissapointed i would keep it only for the look but after a certain time I know that...... well that........... my love would go away from it (faints)
Since I have the ink bold I am just going to downgrade the CSP to the CS in order to keep the credit line open for util and AAoAs. Plus I can still use it for bonus spend on restaurants.

that works!

Re: CSP after one year...

Anonymous — Mon, 11 Aug 2014 01:28:47 GMT

I'm canceling.

I got in with the 50k UR for $3k spend last November. Unfortunately now my AF is $125.

I have a Freedom as well so I'll likely park my remaining UR there if I don't need to top off an account.

According to some blogs there was a change in wording on some of the Chase cards including CSP so getting another bonus might be possible down the road. I'm willing to take that chance and reapply after I've churned a few more cards.

If most of my spending went on it instead of meeting min spends, I'd prob keep it.

Re: CSP after one year...

red259 — Mon, 11 Aug 2014 01:20:35 GMT

@Anonymous wrote:
I'm canceling.

I got in with the 50k UR for $3k spend last November. Unfortunately now my AF is $125.

I have a Freedom as well so I'll likely park my remaining UR there if I don't need to top off an account.

According to some blogs there was a change in wording on some of the Chase cards including CSP so getting another bonus might be possible down the road. I'm willing to take that chance and reapply after I've churned a few more cards.

If most of my spending went on it instead of meeting min spends, I'd prob keep it.

This is interesting. In order to have a shot at another bonus down the road do you think I would need to close it all together or would it be ok if I just doiwngraded to the CS?

Re: CSP after one year...

bigblue7722 — Mon, 11 Aug 2014 01:23:01 GMT

@Anonymous wrote:
I'm canceling.

I got in with the 50k UR for $3k spend last November. Unfortunately now my AF is $125.

I have a Freedom as well so I'll likely park my remaining UR there if I don't need to top off an account.

If most of my spending went on it instead of meeting min spends, I'd prob keep it.

Wait what?

Re: CSP after one year...

bigblue7722 — Mon, 11 Aug 2014 01:28:49 GMT

@bigblue7722 wrote:
@Anonymous wrote:
I'm canceling.

I got in with the 50k UR for $3k spend last November. Unfortunately now my AF is $125.

I have a Freedom as well so I'll likely park my remaining UR there if I don't need to top off an account.

If most of my spending went on it instead of meeting min spends, I'd prob keep it.
Wait what?

nevermind. I found a post on slickdeals about it. 125 for the AF thats crazy. So if you keep the card for 5 years or more you lose money vs the 95 AF people that makes no sense to me.

Re: CSP after one year...

Burned2manybridgesB4 — Mon, 11 Aug 2014 01:30:50 GMT

@bigblue7722 wrote:
@bigblue7722 wrote:
@Anonymous wrote:
I'm canceling.

I got in with the 50k UR for $3k spend last November. Unfortunately now my AF is $125.

I have a Freedom as well so I'll likely park my remaining UR there if I don't need to top off an account.

If most of my spending went on it instead of meeting min spends, I'd prob keep it.
Wait what?
nevermind. I found a post on slickdeals about it. 125 for the AF thats crazy. So if you keep the card for 5 years or more you lose money vs the 95 AF people that makes no sense to me.

That's a bite in the buttocks, just like the plat skypesos card going to 195.00....

Re: CSP after one year...

SuperKirby — Mon, 11 Aug 2014 03:26:16 GMT

Keeping mine. Still love the United/Hyatt points, and now transferrable to Singapore Airlines! A keeper for me until UA/Hyatt and SQ really devalue's their points.

Re: CSP after one year...

ezdoesit — Mon, 11 Aug 2014 03:46:14 GMT

@bigblue7722 wrote:
I will keep mine cause of chase freedom. If it was not for the freedom i would probably get rid of it. I think the card should be two points on everything not just dining and travel. Chase marriott is def worth the 85 bucks just for the free night.

+1 With the Chase Freedom. I think I spend enough with the card to justify the AF but each person has to look at their own spending habits. Plus with the UR mall those points become even more valuable. I bought two pairs of shoes thru the UR got 4800+ points. on a $320 dollar purchase that I was needed to buy anyway. I know others have their own portal but with the CSP transfer partners that sets them apart. IMO. Even though Amex has a lot more.

This was brought up recently but the nerfing of the card to me really isn't that big. Even if I got 100k points a year and lost out on 7k. My feeling is if I can afford that spend that then what is $70 on a cashback basis. Really the card only cost $8 dollars a month if you look at it that way.

Like someone else said 2x on everything would make the card unbeatable (we can only dream).

Re: CSP after one year...

Kenny — Mon, 11 Aug 2014 03:49:49 GMT

I PC'd to just regular Sapphire -- I only ever used it for 2% on food -- may even close it later as I now have Cash + for 5% on fast food/restaurants 365days/year & that's better! lol

Re: CSP after one year...

mongstradamus — Mon, 11 Aug 2014 03:54:10 GMT

@KennyRS wrote:
I PC'd to just regular Sapphire -- I only ever used it for 2% on food -- may even close it later as I now have Cash + for 5% on fast food/restaurants 365days/year & that's better! lol

I think for me an lot of it has to do with how much you value your UR points. I have thought about this before I don't value 1 UR point at say 1 %. I think its more like 1 UR points is close to value of 2 cents. It all depends on how you plan on using the UR points i guess is the point i am trying to make. If i am going to transfer for travel i will almost always look for something where i am getting an value of nearly two points. there are exception to the rule like if i wanted to travel cross country from JFK to either las vegas, los angeles, or san diego. I think you are pretty much stuck unless you plan on going business or higher i guess.

Re: CSP after one year...

Closingracer99 — Mon, 11 Aug 2014 04:22:58 GMT

I have a chase Freedom , CSP and Marriott premier card which means I can just pump all those UR to my marriott rewards account which alone is worth it

Re: CSP after one year...

Anonymous — Mon, 11 Aug 2014 04:26:08 GMT

@KennyRS wrote:
I PC'd to just regular Sapphire -- I only ever used it for 2% on food -- may even close it later as I now have Cash + for 5% on fast food/restaurants 365days/year & that's better! lol

Well of course CSP is also 365 days a year, but I agree 2UR is probably less than 5% for many. Cash Plus is capped though, and CSP isn't, so if you eat out a lot at expensive places, Cash Plus doesn't quite do it.

Re: CSP after one year...

lg8302ch — Mon, 11 Aug 2014 05:21:02 GMT

I will keep mine as long as the AF remains below 100$

Re: CSP after one year...

IcEWoLF — Mon, 11 Aug 2014 05:49:11 GMT

I am keeping mine still, earned several hundreds of dollars in cash rewards bonus (excluding the sign up offer) The card works out really well for me especially with my Chase Freedom/Discover it I use these 3 cards the most.