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Chase Points v. 3rd Party Fee
Looking to pay my mortgage with my Chase Sapphire Reserve. Mortgage is 4600. Fee is 2.5%. Is the points earned from Chase worth the 2.5% fee?
You’re better off paying for that with the Freedom Unlimited (Or Ink Business Unlimited), which earns 1.5x. Makes the 2.5% fee more reasonable, especially since you can combine points from either of these cards to the premium version of UR points.
Another option is the Amex Blue Business card – 2x on the first $50k each year. That’s a solid earning.
The 2.5% is charged by the company processing your payment, not the credit card issuer, so that usually earns points as well, meaning you’re payment is actually $4715. With a Chase Unlimited card, that’s 7072 points. Lucky’s valuation of UR is 1.7 cents a point, which means it’s worth $120. If you redeem for travel on Chase’s website at 1.5 cents a point, that’s $106.
Pretty good if you ask me.