Given your recent adverse history with Chase, @wxman2021, a Green Star offer is quite surprising! None-the-less, while neither is a guaranteed approval, Black Star and Green Star offers are pretty solid preapprovals. Personally, I've taken more of a slow roll with Chase and tried to space out my apps by at least three months. That offer will probably stick around for awhile if you want to let your new Freedom Unlimited age a bit more. You mentioned you're under 5/24, so that's one hurdle out of the way. FICO looks solid. And you have a card over $10K which would be your minimum SL, so that's consistent with profile. I think it's worth a try if you find the card useful, whether you do it now or in a few months. Congrats on your Chase success!
@ptatohed wrote:It has a $795 AF, the biggest question is can you offset that and more, to make it worth it?
True, but that's not as hard as it sounds! 😁
Year 1: The current 125,000 UR Point SUB is worth at a minimum $1,250 if cashed-in at 1 cpp.
The $300 automatic annual travel credit is insanely easy to use for anyone who travels at all. Chase has a very wide definition of travel.
$795 - $300 =maximum effective fee of $495 before any other credits. At that rate and allowing for the SUB, you could get the card, simply use it for two $300 travel purchases, and hold it for over 2.5 years before you started to lose even a nickel. That's without taking advantage of any other credits or perks! 😧 If you don't cash those points and transfer them to travel partners, you could go even longer.
Other credits available:
$300 Dining (Sapphire Reserve Exclusive Tables)
$300 Stubhub
$120 LYFT
$250 Apple TV-Apple Music
$300 Door Dash
$500 Hotels (The Edit)
$120 TSA Global Entry Reimbursement
$120 Pelaton
Then there is the subjective value-added for airport lounge access (Chase Sapphire & Priority Pass), for IHG hotels Platinum Status for perks and points, or for industry-leading travel protections. That's just the tip of the iceberg and doesn't even get into many other great aspects of the card.
So yes, it's not for everyone but many can find great value in this card, even at the high AF.
@Aim_High wrote:
@ptatohed wrote:It has a $795 AF, the biggest question is can you offset that and more, to make it worth it?
True, but that's not as hard as it sounds! 😁
Year 1: The current 125,000 UR Point SUB is worth at a minimum $1,250 if cashed-in at 1 cpp.
The $300 automatic annual travel credit is insanely easy to use for anyone who travels at all. Chase has a very wide definition of travel.
$795 - $300 =maximum effective fee of $495 before any other credits. At that rate and allowing for the SUB, you could get the card, simply use it for two $300 travel purchases, and hold it for over 2.5 years before you started to lose even a nickel. That's without taking advantage of any other credits or perks! 😧 If you don't cash those points and transfer them to travel partners, you could go even longer.
Other credits available:
$300 Dining (Sapphire Reserve Exclusive Tables)
$300 Stubhub
$120 LYFT
$250 Apple TV-Apple Music
$300 Door Dash
$500 Hotels (The Edit)
$120 TSA Global Entry Reimbursement
$120 Pelaton
Then there is the subjective value-added for airport lounge access (Chase Sapphire & Priority Pass), for IHG hotels Platinum Status for perks and points, or for industry-leading travel protections. That's just the tip of the iceberg and doesn't even get into many other great aspects of the card.
So yes, it's not for everyone but many can find great value in this card, even at the high AF.
Understood! But not for me! Except for maybe the Welcome Offer. Like I did with the Preferred. $1000 cash for $95 AF. 
FYI, it's an 'Offer', not a 'Bonus', meaning, you can choose to participate, or not. It's not a 'Bonus'. A 'Bonus' is something you get, regardless of whether or not you are willing to take them up on their 'offer'. By definition. 
@ptatohed wrote:
FYI, it's an 'Offer', not a 'Bonus', meaning, you can choose to participate, or not. It's not a 'Bonus'. A 'Bonus' is something you get, regardless of whether or not you are willing to take them up on their 'offer'. By definition.
Oh boy. Here we go again, @ptatohed. We went round-and-round about this one in February 2024: >link<.
I want to respond but I don't want to derail this unrelated thread. I think a new topic to specifically discuss this again would work best and might let us resolve this one-way-or-the-other. See you on >the other thread<.