havaneselover
Dreaming about a Disney cruise
- Joined
- Nov 9, 2009
Quarterly taxes paid. CIP in the sock drawer.
I really enjoy my Surpass card. You get 10 visits to Priority Pass lounges and can earn a free night after $15k spend as well. I've really knocked down my AF cards but I plan on keeping the Surpass. The gold status does come in handy as you say. Be sure to enroll in Hilton Honors dining to grab a few more points too. (not connected to card, just helpful to earn more points).
As you probably know, AmEx sign up bonuses are generally "once in a lifetime" so you want to make sure you are going for the best offer for you that you can because it could be the only one you get for that card. I believe there is still an incognito offer available for the Surpass of 150k for 3k. You just missed the all time high of 150k+$100 statement credit for 3k that ended 12/31. So I'd try at least for the higher points offer if you can make the extra spend. The incognito offers can also pull up on support links, if you have a safe avenue to do that (don't self support!!).I normally just sit on the side lines of this thread it really does move along...
Thanks for all the info... I try to follow along and I am getting an education on the best ways to use my CC points...
so when I saw GoT mention... I had to post...
DH and I both enjoyed GoT.... I was so aggravated on the way it ended.... so I decided to rewatch the series... it was still up on HBO on demand... and at no point did I see Brandon as a major character or really anyone important, basically he was so boring... they took everyone on a journey with these complex characters, they built the stories, the back stories, and wove them all together and in the end they total dropped the ball... there was no way in how they built the characters of Sansa or Aria... that they would have let them ship their brother the who was the rightful king off to the wall!!!!... honestly... that made no sense at all...what was the purpose of finally telling us Jon was the rightful king, and not having him fulfill his birthright or dying in some heroic moment... Dan and Dave should never be allowed to be involved in another series or movie really anything, they did not deliver the goods... and If they thought that GoT fans were tough... Let them mess with Star Wars...
Oh yeah .... I did have a question in all this... I am thinking about getting a Hilton Honors Surpass gold card... 130,000 points for a 2,000 spend in 3 months... and 95 dollar yearly fee... I really want a Hilton Gold for the fact you get breakfast free, and better point values... and that will be a really benefit for our trip to Japan...and we normally stay at with Hilton...
Thoughts...
Please and Thank you...
also for that curious read this today from a TPG article someone did the new math on the CSR
After subtracting the $300 travel credit, the difference in cost between the Preferred and Reserve is $155 a year ($250 vs. $95), which is equal to roughly 7,750 Ultimate Rewards points ($155 divided by 2 cents per point). That means if you spend more than $7,750 a year on travel and dining (or $645 a month), you’ll come out ahead earning 3x with the Reserve instead of 2x with the Preferred, though ultimately you’ll have to decide whether you travel enough to take full advantage of the CSR’s benefits. If not, then the CSP would likely be a better choice.
Yes, please join us! I like to see what everyone is readingBy the way, for anyone who’s a reader, please join the rest of us on Goodreads!!
Thanks for reposting this. I do think all the comparisons out there are based on what you spend on the card vs redemptions. I rarely put spend on my CSR (will for the travel credit and dining if not working on a MSR). But I make out on the redemptions using the 1.5x vs a 1.25x. A lot of my redemptions would not be possible through transfers (car rentals, non-chain hotels, experiences). I will be keeping my CSR with the $550 AF.While that is certainly true, the math only works for someone who is mostly transferring their miles to airlines and hotels and subjectively values their points at 2 cents. Sadly, this can lead someone to believe the card is not right for them if they don't spend that amount in dining and or travel each year. This line of thinking favors the bank and not the card holder. Let's not forget who TPG is in bed with, both literally and figuratively speaking as it were. Those types of articles, and for many other reasons are why I will only use TPG as a baseline for travel hacking a trip, which to be fair, is quite valuable information. Whatever I'm thinking of doing, he has likley done it and blogged about how he did it. After all, he is the one that put the Al Maha on my radar. So, for as much as most of the travel hacking community derides him as a shill for the banks, I think it is fair and just to give credit where credit is due. No pun intended. Nevertheless, we should still do our due diligence when it comes to his articles on cards, spend and point valuation.
For someone that is consistently redeeming through the UR portal, the CSR card will work for a lower and less subjective valuation of 1.5 since that is what the points can be redeemed for in the UR portal. The math requires no taking into account on what the user does when it comes to annual spend. Of course the bank wouldn't like that type of math as they want people putting spend on the card that creates a higher value for those points. Let's not forget, they are losing money on this card. When it comes to spend on the CSR, I have it as a back up in case a merchant doesn't take my Amex Rose Gold for dining which is rare for us. It is the card I use to pay for tolls on my SunPass account and it is the card I will use to pay taxes on award flights. This spend doesn't come anywhere near $7,750. I'd say I spend about $1500 in tolls per year. Last year I did not put any dining spend on the card. It was tolls and a few taxes here and there on award flights. I kicked off this year and used the $300 travel credit to offset my DVC dues. So, according to that TPG article, this card is not for me and I'd be better off with a CSP or CIP.
Yeah, that math doesn't work for me. The other way to math whether a CSR is better than a CSP/CIP is to take into account 3 things. One, will the user spend $300 whether or not they have the card in a travel category that year. Between tolls and DVC dues the answer for me is always yes. Two, how much does the user redeem via the UR travel portal by purchasing travel each year. When I've layed out the math before, I've always assumed the user is wavering between a CSP/CIP or CSR. Today I'm going to go a step further and include no fee cards that people are happy to use at 1 cpp.
For the newbies: Understand that I carry a quadfecta of UR family cards and so does PlanePrincess (my DH). We maximize the bonus categories on each of our cards to increase our UR earning each year. Ink+ (no longer available) but is comparable to the CIC and earn 5x on cable, internet and phone as well as office supply stores which sell things like GCs. CF has the quarterly 5x categories. CFU for unbonused categories when a merchant doesn't take my Amex BBP and the CSR to make my points all worth 1.5 cpp via the UR portal.
Current CSR is $550 AF with a $300 travel credit I am spending anyway = $250. Difference between $250 CSR - $95 CIP/CSP = $155
Current CSR is $550 AF with a $300 travel credit I am spending anyway = $250. Difference between $250 CSR - $0 CF/CFU/CIU/CIC = $250
If the user is deciding between a CSR and the other options, and they spend $300 per year in a travel related category, tolls, hotels, car rental, DVC dues etc. They need to figure out their opportunity cost.
I will use my most recent example of a UR redemption that I posted a few days ago.
We booked 4 nights at Ashford Castle in Ireland with UR points for later this year. The price of the hotel was $4,117. We "paid" 274,477 UR points through the UR portal from the CSR account.
If I only had a CSP/CIP I would have had to pay 329,372 UR points. That's a difference of 54,895 points. CSP/CIP value of $686 at 1.25. So that would have cost me a further CSR value of $823 in points or a CF/CFU/CIU/CIC value of $2,333 if that is what I held.
For this one redemption alone saving $155 per year actually costs me $686 in points.
Saving $250 per year costs me $2,333 in points.
In both cases I still come out ahead with a CSR even if I don't spend $300 in a travel category for this particular redemption.
So, what's the break even for someone who consistently redeems and "pays" for travel via the UR portal when deciding between between the CSR and the CSP/CIP? Around $1,000 per year in redemption. Let's say you are going to redeem a $500 RT flight for a party of 2 or $250 for a party of 4. That's $1000. If you hold a CSP or CIP that should cost you 80,000 UR points. If you hold a CSR those flights would cost you 66,666 points. That is a difference of 13,334 points which is equivalent to $166 in the CSP/CIP UR portal. So holding the CIP/CSP over the CSR just cost you $166 in points. If someone is redeeming $1,000 or more via the UR portal each year, then they may be looking at a small loss. If they are redeeming more than that, then they may be looking at a much greater loss.
Morals of my long story: Do the math that works for you and your specific needs. Don't rely on those who have the bank's best interests in mind and not yours to do that math. Don't let a high AF casue a knee jerk reaction. Do the math to find out what saving that AF is actually costing you. Do this for every card.
I normally just sit on the side lines of this thread it really does move along...
Thanks for all the info... I try to follow along and I am getting an education on the best ways to use my CC points...
...
Oh yeah .... I did have a question in all this... I am thinking about getting a Hilton Honors Surpass gold card... 130,000 points for a 2,000 spend in 3 months... and 95 dollar yearly fee... I really want a Hilton Gold for the fact you get breakfast free, and better point values... and that will be a really benefit for our trip to Japan...and we normally stay at with Hilton...
Thoughts...
Please and Thank you...
Oh, and since you say you normally stay at Hilton's, have you mathed out the Aspire card? I know the AF is high but if you normally stay at Hilton's the increased status (Diamond) and earn rates in addition to the annual FNC and all the credits can make that card better than the mid range ones.I normally just sit on the side lines of this thread it really does move along...
Thanks for all the info... I try to follow along and I am getting an education on the best ways to use my CC points...
so when I saw GoT mention... I had to post...
DH and I both enjoyed GoT.... I was so aggravated on the way it ended.... so I decided to rewatch the series... it was still up on HBO on demand... and at no point did I see Brandon as a major character or really anyone important, basically he was so boring... they took everyone on a journey with these complex characters, they built the stories, the back stories, and wove them all together and in the end they total dropped the ball... there was no way in how they built the characters of Sansa or Aria... that they would have let them ship their brother the who was the rightful king off to the wall!!!!... honestly... that made no sense at all...what was the purpose of finally telling us Jon was the rightful king, and not having him fulfill his birthright or dying in some heroic moment... Dan and Dave should never be allowed to be involved in another series or movie really anything, they did not deliver the goods... and If they thought that GoT fans were tough... Let them mess with Star Wars...
Oh yeah .... I did have a question in all this... I am thinking about getting a Hilton Honors Surpass gold card... 130,000 points for a 2,000 spend in 3 months... and 95 dollar yearly fee... I really want a Hilton Gold for the fact you get breakfast free, and better point values... and that will be a really benefit for our trip to Japan...and we normally stay at with Hilton...
Thoughts...
Please and Thank you...
Apparently I’m Hufflepuff and Abnegation.GUYS my Facebook is definitely stalking what I type here. WHY did this come up?!?!
View attachment 464425
Link if anyone is interested...
https://www.buzzfeed.com/smuia6/pick-random-pictures-and-find-out-which-hogwarts-h-ehk6xi9wax
{{Lots of good advice but quoting this because I wanted to ask:}}
He couldn let @SouthFayetteFan be the only helmet headDid you just change your avatar, or have I been oblivious?
Can you actually play the Chess set? DS would love that. He went to chess camp for a couple of years.Here are some pictures from our day yesterday at Blue Springs State Park and Leu Gardens. I was underwhelmed by the manatees but LOVED Leu Gardens! I’m not much of a plant/flower person but it was so pretty.
Let me know if you see Valentine’s weekend or 3/12-15. We are still deciding where to stay for those trips.Idk if anyone can use it but the dvc rental store has a confirmed reservation for Saratoga 1/31-2/1 for $180 and 1/30-2/1 for $345. I wish we could take advantage of these since we’ve never stayed there but Dh doesn’t have that Friday off (he gets every other Friday off).
Where do you find these last minute reservations? I still need a room for feb 1-3 (have 3-5 at ASMo).Idk if anyone can use it but the dvc rental store has a confirmed reservation for Saratoga 1/31-2/1 for $180 and 1/30-2/1 for $345. I wish we could take advantage of these since we’ve never stayed there but Dh doesn’t have that Friday off (he gets every other Friday off).