The Basics of Chase Ultimate Rewards

Welcome! Today we continue our series on the types of credit card reward programs frequented by travelers. In the last article, we discussed American Express Membership Rewards. Here we’ll dive into the world of Chase.

Like American Express, Chase has a plethora of cards on offer. There are both business and personal cards.

Credit Card Reward Programs for Travelers: An Introduction

In the coming weeks we’ll be looking at different types of credit cards and their reward programs, with an aim to introduce you to those frequently used by travelers. Such a topic can be divided into three categories: transferable programs, airline and hotel branded cards, and fixed point value cards.

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.

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.

Citi ThankYou Premier vs. Chase Sapphire Preferred: Better Card?

In a comment on a previous post about a calculator to determine how many ThankYou Points you'll earn from using the Citi ThankYou Premier Card, DaveS asked:
I’ve previously used the Chase Sapphire Preferred card as my “keeper” fee card for travel and dining. [The ThankYou Premier] looks like it duplicates much of what the CSP does and adds some more category bonus possibilities.

Economics of Churning: Who Pays for Those Credit Card Bonuses?

An interesting post on Reddit caught my eye called "The Economics of Churning: who pays for the rewards?"

("Churning" is the milesphere's term for opening cards, getting their bonuses, closing the cards, and repeating.)

While I don't agree with the post's conclusions about who pays for rewards, it does present a lot of interesting information for anyone who wants to understand the business of credit cards a little bit better.

Poster Buddy5000 writes:
I do have an undergraduate and graduate degree in business.

9 Limited Time Credit Card Offers You Don’t Want to Miss

Competition is stiff among big boy issuing banks at the moment. It has a lot to do with the Chase Sapphire Reserve card kicking ass, and everyone else just trying to keep their head above water.

How does this affect you? Amazing credit card sign up offers. Lots of them. Here are nine that are only going to be around for a limited time.

Six Limited Time Credit Card Offers and Their End Dates

The Citi Prestige offer mentioned in this post is expired. See the new offer and analysis here.

------------------------------------------------------------------------------

The Hilton HHonors Signature Card's sign up bonus has expired.

What to Do If You Aren’t Instantly Approved for the Citi Prestige

This offer is expired. See the new offer and analysis here.

------------------------------------------------------------------------------

A few readers have reported to me that they applied for the Citi Prestige® Card and either got a response that their application was pending or denied. What are their options?

The Citi Prestige® Card has been one of my favorite cards since I got it in March.