Have You Maxed Out the 2017 Travel Credits on Your Premium Cards?

If you applied for a Chase Sapphire Reserve card before May 21, 2017, have an Amex Platinum (opened anytime), or have a Citi Prestige (opened anytime), then pay attention. This is an important reminder to not forget to maximize the benefits of your premium card before the year ends.

Premium travel credit cards typically come with yearly statement credits that reimburse you for travel expenses (which are defined differently depending on the issuing bank--more on that below).

Beautiful Places to Spend Bonus Points from the Hyatt Visa

The Chase Hyatt Card's bonus of 40,000 Hyatt points can be stretched pretty far if you spend them on lower tier Hyatts. That's not to say slumming it is required--there are some fantastic, high-end, well located Category 1 and 2 Hyatts around the world.

If you're into Hyatt hotels and don't have this credit card, it seems like a no-brainer to open.

Who Should Get the Ritz-Carlton Rewards Card?

Edit 10/12/17: While the public sign up offer for this card is two free Tier 1 - 4 Ritz nights, reader James33 has shared that he was able to get Chase to raise that bonus to three free night certificates by asking them to match the three night offer. Another free night is worth up to around $500, so it's definitely worth a call into Chase!

The Ritz-Carlton Rewards Card offers two free nights at Tier 1-4 properties after spending $4,000 within three months of opening it.

British Airways Visa 100k Avios Sign Up Bonus Ends Tomorrow

According to Reddit contributor epala89, this offer will end as of 9/30/17, which is tomorrow. If you were wavering on this card, now's the time! Remember, the infamous Chase 5/24 rule doesn't apply to this card. Even if you've opened more than five personal credit cards in the last two years, you are still eligible.

Earn 50k Points/Year via CSR Referrals (Leave Yours in Comments)

The Sapphire Reserve Card has been added to Chase's Refer-a-Friend Program. For every person that applies and is approved through your personal referral link, you'll earn 10,000 Ultimate Rewards. The maximum bonus points you can earn through Sapphire Reserve referrals per year is 50,000.

The Referral Offer
The sign up offer for the Chase Sapphire Reserve through Refer-a-Friend is the same as the public offer: 50,000 Ultimate Rewards for spending $4,000 on the card within three months of account opening. That is what your friend will earn.

Three Credit Cards I’ll Never Cancel

There are a few reasons I would never cancel a credit card. I wouldn't cancel a card:

With no annual fee. There's not much point, and eventually these old accounts will improve the average age of my credit accounts which will help my credit score. Plus presumably the card offers at least one benefit that has some value to me.
With a renewal bonus more valuable than the annual fee. Several cards offer bonus points or free hotel nights every year you pay the annual fee.

Last Chance to Retroactively Earn 5x on Restaurants & Movies

Tomorrow, September 14, 2017, is the last day to register your Chase Freedom to earn 5x Ultimate Rewards at restaurants and movie theaters that you can transfer (circuitously) to United, Korean, British Airways, Southwest, Virgin Atlantic, Flying Blue, and Singapore miles.

Note that the Freedom is different than the Chase Freedom Unlimited card, which Scott reviewed here.

If you register by tomorrow, your Freedom purchases will earn 5 Ultimate Rewards per dollar spent (up to the bonus cap of $1,500 per per quarter) dining and at movie theaters retroactively to July 1, 2017, and through September 30, 2017.

On

Chase’s New No Annual Fee United Card

Chase has released a new United co-branded credit card with a unique rewards earning structure. Instead of earning miles, the United TravelBank Card earns cash back good for United purchases.

Addendum to Yesterday’s Post: Don’t Downgrade Your Reserve Until Reading This

Yesterday I wrote about your options downgrading a Chase Sapphire Reserve Card, and all the factors you should consider when choosing to downgrade or cancel.

One point I did not bring up, that I wished to elaborate more on in a separate post, is picking an optimal time to downgrade if you applied for the Sapphire Reserve before May 21, 2017.

This is because earlier this year, Chase changed the way a very valuable benefit of the Sapphire Reserve works--the $300 travel statement credits.
History of the Sapphire Reserve's Travel Statement Credit Benefit
The Sapphire Reserve's most valuable benefit that

What You Need to Know if Downgrading or Canceling Your Sapphire Reserve

It's been a little more than a year since Chase's premium credit card, the Sapphire Reserve, was released. That means many of you are (or will be soon) looking at whether or not the $450 a year card is worth keeping open, and if it’s not, what exactly your best play might be.

At the end of July I went over how to perform a cost/benefits analysis to assist you with deciding how to move forward in year two with the Sapphire Reserve. If you decided it wasn't outright obvious for you to keep it open, then keep reading.