Questions and Answers

Ben,

You used a posted question from me on August 10, 1995 to write a blog post titled, “How to Justify a Credit Card with an Annual Fee”. I am grateful for you taking the time to write that response. I have recently contemplated acquiring both the Chase Sapphire Preferred and the Chase Freedom Unlimited due to the potential benefits of this card combination. An article about the Chase Sapphire Preferred and Freedom Unlimited combination appeared on “The Points Guy” blog on April 14, 2016 written by Sarah Silbert titled, “Why Chase Sapphire Preferred and Freedom Unlimited are the Perfect Beginner Combo”. I provided detailed comments including a net return after the annual fee financial analysis under the name “JimT”. Three reviewers comments with useful experience based insights. Would you please review my comments and the financial analysis. Is it correct to state ( as I did in the referenced comments) that the Chase Sapphire Preferred and Chase Freedom Unlimited card combination will provide the highest net returns for frequent travelers with relatively high annual spend (greater than $20k per year) that have a significant portion of their annual spend in dining/travel, and who travel long haul international first class or business seat flights at least a couple of times per year. Infrequent, domestic, and economy class travelers and folks with lower annual spending would be much better off with a cash back card. Thank you for any insights you may wish to provide.

That is a good combination of cards for frequent and non-frequent travelers alike. While Chase’s points can be transferred, theyre also worth 1.25 cents per point when booking travel via Chase’s travel portal.

Also worth noting is that if the Chase Freedom is added to the mix, there are 5x points opportunities that are different each quarter, further maximizing bonus points opportunities. Additionally, if you have a small business, Chase’s Ink and Ink Plus cards are also a great addition, since it offers 5x points for certain categories not offered on other Chase cards.

In terms of reviewing your comments, could you paste them here? This will create a single thread for your comments, making it easier for others to give their insights as well

Jim, Lucky agrees with your statement “Infrequent, domestic, and economy class travelers and folks with lower annual spending would be much better off with a cash back card.”

See this post from last year:
[URL]http://onemileatatime.boardingarea.com/2015/07/31/best-credit-card/[/URL]