@ujocka wrote:Just got approved for a Chase Sapphire Preferred for $26k. Looking for one more card and I'm done.I'll use the Sapphire for all expenses for the points but just want a second card for any other general purpose, hopefully with some interesting perks. Im told Amex is generous with CLIs so maybe i will go that route. Can't see the value in gold/platinum based in the AFs. Any words of wisdom?
Congrats! With that large of a limit, your credit and income must be pretty great.
While the Preferred is a good card in it's own right, I'm a bit curious why you didn't go for the much better Reserve? Even if you didn't use most if it's much better perks, it only ends up being $55 more per year and is better all the way around.
Either way, you can always upgrade or get that one later if need be 
@ujocka wrote:I was really struggling between the reserve and preferred and didn't see the reserve being that much more beneficial for me. Just curious how came to a difference of only $55. I calculated $150. I also saw that the reserve adds $75 a year for an authorized user (wife) and the preferred doesn't.
Preferred = $95 AF, no travel credit
Reserve = $450 AF - $300 travel credit = $150
150-95 = 55
I guess it makes sense if you only travel once a year or so, and only within the country. Anything more than that though and the Reserve is a pretty clear winner, especially since it increases the point value by 50% over what you'd get with the Preferred, and it earns 50% more points on the same categories.
No worries though, you will still enjoy it either way
Timing is everything. Mine was off by a mere 6 hours. Didn't realize that if I had applied in a branch yesterday (2 block from my house) vs online last night I would have been eligible for 100k points instead of 50k. Promo ended yesterday 
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