So, I have both of these cards and I have an Excavating business. I know they are not business cards, but they will do for now. Something long term, what is the best option for me? I see FlexPerks have been de-valued in the last couple of years. My biggest purchases are on fuel. I spend appx $2000/month on fuel (which is 2x flex points, or 1 Ultimate Rewards point). The $49 annual fee for US Bank or $95 for Chase... I'm just trying to weigh my options and use a primary card for the business that makes the most sense and gives me the most bang for my buck as far as annual fee and rewards... Any opinions? Pros and cons? Had to call US Bank the other day and wasn't super impressed with the rep i talked to... But could have just been her... I have been searching for days and can't seem to find the answer I'm looking for. Thank you!
Yes I would like to mainly stick to the portal. I don’t do a ton of traveling, mostly once or twice per year just to get away from work. I just use my cards to pay all my business expenses and use the points for a once or twice a year getaway with my wife. I’ve never done the points transfer to partners thing with chase to get the 1:1. I’m just keeping it simple. When I have enough points, I will redeem them
OP with the volume of one category you will be putting through the FlexPerks card, that is probably a good choice. The redemption is based on tiers for airfare, but if you get an airfare just under a Twitter threshold that is where the good redemption rate is.
Keep in mind FlexPoints do expire after a few years, so it is a program that you want to earn fairly quickly then turn around and redeem.
If you decide to go with UR, you might want to consider getting a Freedom Unlimited. That gets you 1.5UR on everything. The transfer partners would need to be interesting to you or else you get the 1.25c Portal rate. Upgrading to CSR gets you a higher AF, Travel Reimbursement and higher earn rate on dining and travel, then higher redemption rate on Chase Portal.
FlexPerks did away with that tier stuff back in 2017. It’s now strictly 1.5CPP to match the Altitude card.
OP, if you prefer the portal stick with FlexPerks over chase as the points are worth more when used in the portal and you earn them faster
Look at the Chase Ink Business Cash - no AF, 2% cash back on 1st $25K per year on gas and restaurants, 5% cash back on office supplies and phone/internet/cable, otherwise 1%, 5/24 rule to apply is in effect but the card itself does not count against the 5/24 rule, $500 SUB after $3K spend in 1st 90 days. You can choose cashback/gift cards or redeem through the UR travel portal.
Since you own a legit business fielding questions from a UW should be a breeze.