cancel
Showing results for 
Search instead for 
Did you mean: 

Question

tag
Anonymous
Not applicable

Question

Good evening to all. Quick question. What is meant by certain cards work well with another?  Thanks in advance.

Message 1 of 12
11 REPLIES 11
jeffery581
Established Contributor

Re: Question

Can you elaborate? I do not really understand your question.

Capital One Quicksilver Visa | Capital One Quicksilver Matercard | Sony Visa | ebay Mastercard | Best Buy Visa| Shell Mastercard | CareCredit | Amazon Rewards Visa | Discover it | Lowes | Home Depot | Chase Freedom | Ebates Visa | TJMAX Platinum MasterCard | Stash Signature Visa | Hilton Amex | Bank of America Cash Rewards Visa | Bank of America Better Balance Rewards Visa | US Bank Cash Rewards | Blue Cash AMEX | IHG Rewards Club World Mastercard | Barclay Cash Foward World Mastercard | Bank of America Travel Rewards Visa | US Bank Cash 365 AMEX | Amex Everyday | Target | CITI Double Cash | WELLS FARGO PROPEL AMEX | Royal Carribean Visa | AARP REWARDS VISA | BEst Western Mastercard
Message 2 of 12
Anonymous
Not applicable

Re: Question

are you referring to within the same institution or different?
Message 3 of 12
Anonymous
Not applicable

Re: Question

Well i've read on other post for example the Amex PrG works well with ED. or this Chase card works well that chase card etc. Hope that clears it up.

Message 4 of 12
Anonymous
Not applicable

Re: Question

Same institution

Message 5 of 12
Anonymous
Not applicable

Re: Question

By the way thanks for the responses

Message 6 of 12
Anonymous
Not applicable

Re: Question

same institution chase has it 100% with the freedom, freedom unlimited and CSP hands down.

very hard to beat that. $150 for each freedom with $500 spend each and 40k UR points for the CSP with $4k spend (which chase advertises as $625 in travel)

so, effectively, with $5k in spend you get $925 and excellent potential for rapid UR points with general spend. it will almost negate the need for other financial institutions if you value UR at an ok rate.
Message 7 of 12
Anonymous
Not applicable

Re: Question

Ok Thanks

Message 8 of 12
Kevin86475391
Frequent Contributor

Re: Question

There are lots of ways cards can work well together though. Indeed the possibilities are almost limitless.

Definitely having multiple cards with the same institution that earn rewards in different ways but can be leveraged to earn rewards together can be very advantageous. For example in addition to signup bonuses and whatnot, if you have the Chase Freedom you can earn 5% category spend on things like groceries and gas. Then you can transfer those 5% rewards to the CSP for points toward travel - while also earning 2% rewards with the CSP on stuff like restaurant spending. So by having both cards you earn more by optimizing than you would with the exact same spend on only 1 of the cards. AMEX has a lot of ways to do this type of thing too.

However, as I said, there are lots of ways to make cards work well together. I have rewards cards from several different lenders so that I can always get at least 2% on everything I spend and often more. So even if one card only has a good gas or grocery bonus, I can get restaurant and utility bonus on a different card.

Other pairings/combos might be something like a good rewards card (or several) coupled with a low APR, non-rewards card if you think you'll ever need to carry a balance. OR simply adding a no-foreign transaction fee card to an already strong portfolio if you travel but didn't already have a no FTF card. OR even something really simple like having an AMEX or Discover that you use for daily spending but adding a Visa or Mastercard to the mix to ensure wider acceptance. OR perhaps getting a 0% intro APR card, or 0% balance transfer card if you need that, along with continuing to optimize your spend/reward on other cards.

There really are tons of ways to get benefits from using two or more cards together. It just depends on your needs, preferences, and priorities.

Message 9 of 12
UncleB
Credit Mentor

Re: Question


@Kevin86475391 wrote:

There are lots of ways cards can work well together though. Indeed the possibilities are almost limitless.

Definitely having multiple cards with the same institution that earn rewards in different ways but can be leveraged to earn rewards together can be very advantageous. For example in addition to signup bonuses and whatnot, if you have the Chase Freedom you can earn 5% category spend on things like groceries and gas. Then you can transfer those 5% rewards to the CSP for points toward travel - while also earning 2% rewards with the CSP on stuff like restaurant spending. So by having both cards you earn more by optimizing than you would with the exact same spend on only 1 of the cards. AMEX has a lot of ways to do this type of thing too.

However, as I said, there are lots of ways to make cards work well together. I have rewards cards from several different lenders so that I can always get at least 2% on everything I spend and often more. So even if one card only has a good gas or grocery bonus, I can get restaurant and utility bonus on a different card.

Other pairings/combos might be something like a good rewards card (or several) coupled with a low APR, non-rewards card if you think you'll ever need to carry a balance. OR simply adding a no-foreign transaction fee card to an already strong portfolio if you travel but didn't already have a no FTF card. OR even something really simple like having an AMEX or Discover that you use for daily spending but adding a Visa or Mastercard to the mix to ensure wider acceptance. OR perhaps getting a 0% intro APR card, or 0% balance transfer card if you need that, along with continuing to optimize your spend/reward on other cards.

There really are tons of ways to get benefits from using two or more cards together. It just depends on your needs, preferences, and priorities.


+1

 

The most often referred to 'combos' you're likely to read about on here are the Chase CSP/Freedom combination and the Amex PRG/ED combo.  (There are others, but these tend to come up particularly often).

 

Simply put...

 

  • If you have both the Chase Freedom and CSP, you can transfer points earned with the Freedom to the CSP, and from there you can transfer them to frequent flyer programs which many folks find lucrative.
  • If you have the Amex PRG and the ED card your MR points are pooled, and if you decide to close the PRG at a later time (due to the high AF) you won't lose your MR points as long as the ED remains open.
Message 10 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.