This is going to sound like an advertisement but I don't know a better way to state it.
Chase reserve is 300 back in "travel" expenses which include parking/tolls/flights/uber. Assuming you have any of those expenses, it's a 150 card. Redeeming points is 1.5x more value if done through the reserve, travel/restaurants give 3x points. If you spend 4k a year on restaurants/travel, you'll break even.
So why get it if I have to spend >4k to break even? Because there is (was?) a 100,000 point signup bonus worth 1000 dollars cash or 1500 dollars in flights/more if transferred for a ticket. I'll break even on the yearly fee just from flights that I'm taking so it's 1000 dollars for "free".
If you're a chase ultimate rewards user, you should have the csr for the 1.5x redemption. If you like free money, you should have the csr and meet the spending requirement for the bonus.
By fiddling with credit cards, I'll save over 3k this year while traveling. There are people who do far, far more.
Chase reserve is 300 back in "travel" expenses which include parking/tolls/flights/uber. Assuming you have any of those expenses, it's a 150 card. Redeeming points is 1.5x more value if done through the reserve, travel/restaurants give 3x points. If you spend 4k a year on restaurants/travel, you'll break even.
So why get it if I have to spend >4k to break even? Because there is (was?) a 100,000 point signup bonus worth 1000 dollars cash or 1500 dollars in flights/more if transferred for a ticket. I'll break even on the yearly fee just from flights that I'm taking so it's 1000 dollars for "free".
If you're a chase ultimate rewards user, you should have the csr for the 1.5x redemption. If you like free money, you should have the csr and meet the spending requirement for the bonus.
By fiddling with credit cards, I'll save over 3k this year while traveling. There are people who do far, far more.