Help reading my CSP UR statement

clocktick · ‎02-26-2014

I admit I don't look at this often. I was hoping my annual 7% was on there (and it was!).

Anyway, what is the +1 point per dollar earned on all purchases? What exactly is that referring to? I'm not complaining! I'm about to attach an image. Hopefully it won't be gigantic. Thanks in advance!

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800

Starting Score: 648
Current Score: 736
Goal Score: 765

Take the FICO Fitness Challenge

Anonymous · ‎02-26-2014

CSP earns one point per $ on all purchases, and an additional point on dining and travel.

So this is your previous point balance, plus 1 point for all your purchases, plus the bonus points for dining, plus the bonus points for travel.

clocktick · ‎02-26-2014

@Anonymous wrote:
CSP earns one point per $ on all purchases, and an additional point on dining and travel.

So this is your previous point balance, plus 1 point for all your purchases, plus the bonus points for dining, plus the bonus points for travel.

I guess I'm not getting the above. Another point for "all" your purchases. Where did the 2139 come from? I'm missing something simple, aren't I?

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800

Starting Score: 648
Current Score: 736
Goal Score: 765

Take the FICO Fitness Challenge

CreditScholar · ‎02-26-2014

@clocktick wrote:
@Anonymous wrote:
CSP earns one point per $ on all purchases, and an additional point on dining and travel.

So this is your previous point balance, plus 1 point for all your purchases, plus the bonus points for dining, plus the bonus points for travel.
I guess I'm not getting the above. Another point for "all" your purchases. Where did the 2139 come from? I'm missing something simple, aren't I?

It means that you've charged $2,139 during the previous month.

EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

clocktick · ‎02-26-2014

Oh geez, I knew it was a dollar amount but was looking at it a completely different way! Thank you guys so much!

Glad I have the forum here instead of calling and asking the CSRs an embarrassing question!

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800

Starting Score: 648
Current Score: 736
Goal Score: 765

Take the FICO Fitness Challenge

Vegas247 · ‎02-26-2014

How much is 1 point worth on CSP?

$600

Barclaycard® Rewards MasterCard® - Average Credit

$6500

Blue Cash Everyday® Card from American Express

$30k

16k

12k VSiggy

CreditScholar · ‎02-26-2014

@Vegas247 wrote:
How much is 1 point worth on CSP?

That really depends on how you redeem it. I've seen anything from 1.25-10 cents

EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

Lin55 · ‎02-27-2014

@Vegas247 wrote:
How much is 1 point worth on CSP?

Everyone uses it differently. I usually redeem for about 2.5-3.5 cent per point with United miles.

enharu · ‎02-27-2014

@CreditScholar wrote:
@Vegas247 wrote:
How much is 1 point worth on CSP?
That really depends on how you redeem it. I've seen anything from 1.25-10 cents

Sadly I've seen it go for just 1ccp.

A friend was all excited telling everyone at the dinner table about how she redeemed almost 1.5k worth of cashback from her CSP........ The setting however wasn't appropriate for me to explain to her about why that was a bad decision...

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).

Anonymous · ‎02-27-2014

@enharu wrote:
@CreditScholar wrote:
@Vegas247 wrote:
How much is 1 point worth on CSP?
That really depends on how you redeem it. I've seen anything from 1.25-10 cents
Sadly I've seen it go for just 1ccp.
A friend was all excited telling everyone at the dinner table about how she redeemed almost 1.5k worth of cashback from her CSP........ The setting however wasn't appropriate for me to explain to her about why that was a bad decision...

Don't understand. Isn't it always appropriate in such situations to scream "You [expletive] [expletive] stupid idiot! I am ashamed to be the same species as you"?

That's what I do.