I still have the 3% offer "prequalified" under just for you in my Chase account, so at least for now it seems to still be a targeted offer.
Since i wasn't planning on applying for the FU until March 2020, it's not a big deal to me. I figured the 3% would be going away. To me, the 4% targeted offer was the one to wish for, or it would be nice to see Chase offer $400 back after $1000 minimum spend. But i know that'll never happen.
I did plan on applying for the marriot bonvoy boundless in december, hit that SUB then apply for the FU in March but maybe now that it's only a $500 minimum spend i may apply for the FU first, and the marriott in March. We'll see, when that time comes.
Sapphire Preferred used to be a 50k point SUB, but with the AF waived the first year. Now it's 60k, but no waived AF. Banks aren't entirely sure what rewards structures will be the most popular at any given time, so it's not uncommon for them to shift things around and mix it up a bit. In my opinion, CFU would still be a very strong card even with this new SUB structure. As I mentioned in a previous post, the difference at the end of the day is only $100 - it went from being worth (up to) $300, to being worth (a guaranteed) $200. Hardly a deal-breaker for most people.
Remember that the CFU points are valued at about 2.0c/pt when transferred to a Sapphire card, which basically means that even with the 3x SUB going away, you're still basically earning 3x to 4.5x every year anyways (assuming one has a Sapphire card to transfer the points to). The only time that wouldn't be an awesome deal is if someone has no desire to travel and only wants cashback, in which case yes, the 1.5x is not all that interesting, when there are any number of other cards out there offering 2x.
Total Loan Balance: $43k / $65k
Total SL: $78kCan someone explain to me, in points, what the difference in SUB would be?
Example, i currently have CSP. If i added the CFU with 3% (i still can get it via preapproval in "just for you"). How many points would that equal, with $600 cash back, converted to CSP points.
With $200 SUB, that's $400 less cash back converted to points. So, spending $19,500 at 1.5% cash back would be an additional $292.50, which is $492.50. What's the point difference between the two SUB's? So we're looking at $107.50 less over $20k spend.
I'm new to calculating all this, and i'm just looking to get the best understanding of building UR points between these two cards, since that's my goal for next year (CSP for travel and dining, CFU for all other spending, and eventualy upgrading CSR in July 2020).
can still earn 3% cashback on all purchases in the first year up to $20,000 spent with this working refer link.
@MyFault wrote:Can someone explain to me, in points, what the difference in SUB would be?
Example, i currently have CSP. If i added the CFU with 3% (i still can get it via preapproval in "just for you"). How many points would that equal, with $600 cash back, converted to CSP points.
With $200 SUB, that's $400 less cash back converted to points. So, spending $19,500 at 1.5% cash back would be an additional $292.50, which is $492.50. What's the point difference between the two SUB's? So we're looking at $107.50 less over $20k spend.
I'm new to calculating all this, and i'm just looking to get the best understanding of building UR points between these two cards, since that's my goal for next year (CSP for travel and dining, CFU for all other spending, and eventualy upgrading CSR in July 2020).
CSP points are worth 1.25x when redeemed for travel - and potentially more than that when tranferred from CSP to a partner, like British Airways.
So that means the $600 would be worth anywhere from $750-1200 when transferred to your CSP.
But the signup bonus isn't $600, it's $300 you'd be getting anyways plus a $300 bonus. So that means the difference between the old CFU bonus and the new CFU bonus is only $100.
That translates to $125-$200 in value if tranferred to your CSP.
@MyFault wrote:Can someone explain to me, in points, what the difference in SUB would be?
Example, i currently have CSP. If i added the CFU with 3% (i still can get it via preapproval in "just for you"). How many points would that equal, with $600 cash back, converted to CSP points.
With $200 SUB, that's $400 less cash back converted to points. So, spending $19,500 at 1.5% cash back would be an additional $292.50, which is $492.50. What's the point difference between the two SUB's? So we're looking at $107.50 less over $20k spend.
I'm new to calculating all this, and i'm just looking to get the best understanding of building UR points between these two cards, since that's my goal for next year (CSP for travel and dining, CFU for all other spending, and eventualy upgrading CSR in July 2020).
I don't earn UR points (yet), but my understanding is that UR points are worth $0.01/point. So a $200 SUB would be 20,000 UR points. If you're looking to build up UR points, why don't you get the CF & CFU since they're both NAF, get the SUB for both, and the CF gets you the 5% catagories? You'd effectively have a trifecta to maximize your earning potential. Plus you can throw in an ink business card to make a quadfecta if you wanted to really maximize. My 2 UR poitns on the matter 
@longtimelurker wrote:
@rgate88 wrote:I don't earn UR points (yet), but my understanding is that UR points are worth $0.01/point.
As pure cashback, URs are worth 1c each. With the CSP, they can be used on the travel portal for 1.25cents each, with the CSR for 1.5cents each. With either CSP or CSR (or some business Inks) they can be transferred to partners, earning potentially much more.
Indeed. TPG puts a valuation on UR points at 2.0 cents/point, because of the powerful option to transfer them (at a 1:1 ratio) to some really valuable rewards programs. For example, if you transfer to United or British airlines, the points could easily be worth 2-5 cents each depending on how you use them.
With UR points, if you have an annual-fee card, taking the 1.0 cents/point cashback option leaves a LOT of money on the table, which is why Chase is rated fairly average as a cashback credit card issuer, but rated one of the best (if not THE best) as a travel rewards credit card issuer.