Which points program do you prefer? What other factors should people consider when looking at these two programs? 🤓

@crxracer805

5 жыл бұрын

I'm an AMEX user and I prefer Chase. It's cheaper annually and easier to redeem the points. I will consider jumping ship out of AMEX and join the Chase club.

@l.a.rivasesq.8841

5 жыл бұрын

Trip Astute I prefer Ultimate Rewards because of its simplicity. I prefer AMEX for lounge access and status benefits.

@fairviewproperties1597

4 жыл бұрын

I use the Amex everyday Pref, and Chase Sapph res, seems to work for me.

@SanjiFansCopeHarder

4 жыл бұрын

Trip Astute I use Amex to flex while dining just to meet women, but chase for traveling.

@xylliiiking

4 жыл бұрын

I give the edge to Chase do the credit limit they give you in and the hotels that they have and the free nights they give for very little Annual fees

AMEX has recently changed the 4x AMEX Dining redemption to restaurants worldwide.

@TripAstute

5 жыл бұрын

Yes! I was happy to hear that they expanded the bonus to cover international restaurants. 👍

@Samsterdude1

4 жыл бұрын

se7en112 it’s basically useless though. At least in Europe good luck finding somewhere that takes Amex

Videos are getting better and better Ernest! very crispy and clean! Would love to see how to use Chase points with airline partners and how to maximize airfare redemption. Totally enjoy your videos !

@TripAstute

5 жыл бұрын

Thank you! I really appreciate the feedback and support. 😊

Exactly what I was looking for! thanks for the vid!

@TripAstute

5 жыл бұрын

Awesome. Glad the video was helpful. 😊

WOW! You saved me 8 months of heartache!! I had no idea about Chase's 5/24 rule, yet I was building my credit to ultimately apply next year. Unfortunately I've already secured my 5th CC card, and that totally disqualifies me. I guess I am going for Amex and Capital One Venture now.

@TripAstute

3 жыл бұрын

Awesome. Glad the video was helpful. That 5/24 rule is very tricky! 🤓

Great video ,,, watched it twice “as always thank you ❤️

@TripAstute

5 жыл бұрын

Thanks! Glad you enjoyed it. 😊

Prefer Chase. I agree with you, Chase needs a grocery card!

@TripAstute

5 жыл бұрын

Yeah, it's honestly the one area where they are really lacking. A bonus category for fuel would be useful too, but they do offer it on their Ink Business Cash.

@roxcyn

5 жыл бұрын

Technically that would be the Amazon Prime Visa. You can use it at whole foods and Amazon. Also the 5% cards that offer groceries certain times of the year.

@roxcyn

5 жыл бұрын

@Lalo Lacinato - No, you get Amazon rewards that you can use to take off from Amazon orders.

I’ve been putting this comparison off. Whew, thanks for the thorough video Ernest! I’m just like you, SWA and Hyatt all the way.

@TripAstute

5 жыл бұрын

Thanks! It's definitely been one of the most requested topics. I was hesitant to do it until I had some time with the Amex Gold. 😄

I personally love both Chase and AMEX as they both have their advantages. I have 2 Chase cards (Freedom and Sapphire Preferred) and have 4 Amex cards (Gold, Schwab Platinum, Starwood, and Everyday). The one thing that most of us know is to never throw all yoru eggs into one basket (One points program) as the rules and change at anytime for both the good and the bad

@rafaelchou8762

5 жыл бұрын

Agreed , I have Gold, Schwab P & BBP + Chase trifecta , use my UR on Hyatt or other hotel (redeem at travel portal), use my MR on ANA or Lifemiles for Star Alliance Biz.

@TripAstute

5 жыл бұрын

So true. The rules change all the time! 👍

@dukebozikowski3801

5 жыл бұрын

@@TripAstute "six-fecta" = hexfecta

@hinojosafritz3003

5 жыл бұрын

Falco64 I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

@angeldillemuthactor

5 жыл бұрын

jeez people love having more cards than they need. Why would a person NEED more than 3 cards. Have to be very careful and not hurting your credit with the hard inquiries or getting rid of cards as that negatively affects credit score for a while. There are so many things to consider people. So please research wisely.

Nice channel! I like them both I totally agree that URs are better for hotels and travel excursions. I need them both I use MRs to fly United so I only use for airfare as well.

@TripAstute

5 жыл бұрын

Thanks! Building both point currencies is definitely the best strategy. 👍

Love racking up MR points with Amex Gold, If I'm going to travel abroad, I'll definitely get the CSR for the travel benefits.

@TripAstute

4 жыл бұрын

The Amex Gold is a powerhouse, especially with its 4X categories! 👍

Great video!!!

@TripAstute

5 жыл бұрын

Thanks! 😊

Thanks Ernest!

@TripAstute

5 жыл бұрын

Thanks for checking out the video! 😊

I like Chase and AMEX. I use both. There are places that do not allow AMEX in which I use my Chase. It all depends. I use Chase overseas and to rent cards. I use AMEX for domestic grocery and restaurants. And if I can’t use AMEX I use Chase.

@TripAstute

5 жыл бұрын

It's definitely a good strategy to build both point currencies! 👍

I’m loving AMEX. May try for a Chase Saphire but right now it isn’t a priority. I’m more likely to use the grocery option, and the side benefits are wonderful. For example, as a disabled vet, the Uber credit sitting there for an emergency trip to the VA is handy. I would rather travel in business and be more comfortable even if I don’t get to go as often. And yes, I’ve been checking out Shoprunner!

@TripAstute

5 жыл бұрын

Nice! It sounds like you're maximizing your Amex benefits. 😎

@mcomeslast

5 жыл бұрын

I’m trying! Still learning the rules. Lots of fine print to read.

Definitely love Chase. I just got the Gold Amex a couple weeks ago. Haven’t been able to redeem anything yet. But let’s see how it works out for me

@TripAstute

4 жыл бұрын

Yeah, that's my main complaint with Amex MR points. They are extremely valuable for airline transfers. However, Chase UR points are just more versatile (in my opinion). 🤓

I like both but I only use MR points for airline transfer partners, mostly life miles but BA has good redemptions on AA domestic flights. I'll use UR points on the chase portal for the 1.5 cpp redemption but I'll also transfer points to Hyatt where I've gotten as high as 4 cpp

@TripAstute

5 жыл бұрын

Very cool. I like that you can transfer points from both programs into BA as well. That's very convenient! 👍

Hey there. Love your videos! I’m a MR guy and have a question about the Gold $10/month dining credit...can I buy a Grubhub gift card (or a gift card from any of the participating places) and have that qualify for the credit? Thanks!

@TripAstute

5 жыл бұрын

It's a great question! I don't have any experience buying GrubHub gift cards, so I looked it up on Reddit and FlyerTalk. It looks like people are reporting that it doesn't work. Apparently, the charge is coded as an internet purchase instead of dining. It's too bad since it sounds like a smart idea! 😄

@gervyNYC

5 жыл бұрын

I’ve used it and instead if paying delivery fees, I select the “pick up” option, you will get the credit. I do not believe that gift card will work.

@Marcus-vv3ip

5 жыл бұрын

Yes i lt works i buy gifts cards at Cheesecake Factory

@baddboo

5 жыл бұрын

Just use the pick up option once a month. What I have found is that grubhub has a lot of participating restaurants .. I wish Amex would drop Uber eats and go with grubhub. Cheese cake factory works👍

Wow! Great video! This is a very controversial topic!

@TripAstute

5 жыл бұрын

Thanks! It’s funny how passionate people get about their cards and points. 😄

I like my Amex setup. Cards are really easy to get approved and have very good signup offers. With my Amex Gold and BBP I'm able to earn points quickly and on categories that I spend on in my every day life. I live in a small city and don't travel often, so Chase doesn't work out as well for me since I don't do a whole lot of travel category spend. I'd rather earn points on everything else and save them up to occasionally travel for free. I also live near ATL so being able to easily use points on Delta flights is an advantage. Acceptance seems to be about 95%, which is good enough. I have other more basic cards I can use as a backup (Citi DC or Cap1 QS depending on whether it's domestic or foreign).

@TripAstute

5 жыл бұрын

Amex Gold and Blue Business Plus is an awesome combination! Sounds like you have a solid strategy. 👍

@hinojosafritz3003

5 жыл бұрын

mrdisco99 I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

Amex if you live in America, Chase if you travel to different countries.

@TripAstute

5 жыл бұрын

Ha! I've heard people say the opposite as well, since Amex points are valuable for long-distance business class flight redemptions. 😄 Though I agree in terms of spending and acceptance.

@hinojosafritz3003

5 жыл бұрын

cobra2079 I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

What's the difference between spending $3000 for 150000 points vs paying $1200 for the same room?

When I went to Costa Rica a month ago I was surprised they took AMEX. Only time I’ve used it abroad.

@TripAstute

5 жыл бұрын

That's awesome! I'm impressed that it was accepted there. I guess with all the eco-tourism, it's probably worth them taking all major credit cards. Costa Rica is definitely one of the most organized countries when it comes to tourism. 👍

@djtruedomination

5 жыл бұрын

JJ I plan on going to Costa Rica next year. I will keep that in mind.

@Lillysammy126

5 жыл бұрын

JJ using it in Thailand but extremely limited (not that they can't take it but rather they don't want to pay the extra merchant fee). But worked at supermarket so.... Souvenir showing there....

Hello! How does purchase protection work? If I buy a $1200 iphone with chase card and lose it,will they reimburse the money?Do I have to probide then any proof of losing the phone? Thank you!

@TripAstute

5 жыл бұрын

You usually have to show some kind of proof of loss or damage. For loss, it usually requires a police incident report to be filed. Also, some issuers distinguish between loss and theft, so you'll want to be careful of your exact coverage.

@shujayethossain6554

5 жыл бұрын

Hinojosa Fritz How so?

Hey Earnest! I have a Chase Freedom unlimited card and have it for 6 months,got approved for $8k.Can I ask for a credit limit increase of $12k in total with 725 credit score? What’s your opinion from your experience whether I am asking a lot or it’s okay? And do they do hard pull upon credit lime request online? Thank you!

@TripAstute

5 жыл бұрын

It's tough to say without knowing your income and credit history. Though, it doesn't hurt to call and ask. Just make sure your credit utilization is low before you ask them for an increase.

I believe the UR is more flexible than the MR. There is one thing that I still struggle with is that AMEX is not accepted everywhere I go internationally.

@TripAstute

4 жыл бұрын

I agree! Even if someone has an Amex set-up, they still need to have a Visa or Mastercard, especially when traveling abroad. 👍

One Chase UR trick with Southwest: if you have a Chase Sapphire Reserve it's actually almost always better to call Chase to book Southwest flights rather than transferring points to Southwest. Why call? Although you can't book Southwest flights online via the Chase travel portal, you CAN book Southwest with UR points by calling (see TPG article link on this below), and you can get 1.5x on your points that way (as opposed to the approximately 1.4x you get by transferring to Southwest). It's even better than that because your flight becomes a normal revenue booking so you earn 6 points/$ on the fare, which means if you spend 10000 UR points on a $150 Southwest fare, you earn back 900 Southwest points worth about $12.60, making the effective redemption rate closer to 1.62 cents/point or about 14% better than transferring points! --- as for MR vs UR -- currently my strategy is to work up to getting both, because, though I also prefer economy travel, I find that Delta can offer some great deals on short haul domestic flights, either directly through Delta's program or using Virgin Atlantic -- there are times when getting a last minute short haul flight can be much cheaper via an award ticket on Delta than any other airline including Southwest (we just did this with Delta). So eventually my plan is to go for the Amex Gold card to use with grocery spend just to have a cache of MR points for short haul flights (I currently have only the Amex Plat which I use for electronics purchases). thepointsguy.com/news/southwest-chase-tickets-booked-chase-ultimate-rewards-points/

@TripAstute

4 жыл бұрын

Great tip. Thanks for sharing! 👍

I'm only a minute into the video right now in real time and I'm going with Chase. I don't have an Amex that earns MR (only BCE, which is cash back), but Chase on paper looks to have way more flexibility. Good point at Chase having no grocery card, I use my Amex for that when the grocery category isn't a bonus on the Freedom and Disc It.

@TripAstute

5 жыл бұрын

Yeah, I usually put my grocery spend on the Amex Gold too, and will likely go back to the Blue Cash Preferred if I cancel the Gold card this year. 👍

My concern is stores are beginning to not accept Visa like Kroger.

@TripAstute

5 жыл бұрын

Yeah, I hope that dispute gets resolved soon! I feel like it must be a customer service nightmare for them not to accept Visa as well. 😬

Which card is the best for lost of train trips. I dont want a Amtrak card.

@TripAstute

4 жыл бұрын

It's a tough question since the "best card" will also depend on what else you spend money on. Though if you're just looking at train travel, I would start either with one of the Chase Sapphire cards for flexible points or a flat-rate card like the Capital One Venture Rewards.

Hey there! I have an Amex everyday credit card with 4k credit line.I have $2500 debt on that card. Should i ask for a credit line increase now with that balance? I raised the limit once 7 months ago Thanks!

@TripAstute

5 жыл бұрын

It's a tough question to answer. I personally think it's better to ask for a credit limit when your utilization is lower, though there isn't a hard rule around it. Just be careful of using the Spending Power button on Amex ... I've heard that using it too often can sometimes trigger a financial review. It might be safer to call and request it directly with a rep. 🤓

@hinojosafritz3003

5 жыл бұрын

Shujayet Hossain I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

where did you get that shirt brother! looks great.

@TripAstute

5 жыл бұрын

Thanks! It's just an old dress shirt from Banana Republic. 👍

Hey buddy, I gotta pay 45k in Federal Taxes. I already have the following Chase Cards;Sapphire, Freedom, Freedom Unlimited, Ink Business. I've already received the bonuses from these cards. Do you have any thoughts on what I should get next or how to go about paying the 45k balance? I'm interested in Travel, but really don't want to incur more annual fee cards. I'm already paying $550 a year due to the Sapphire & Business Ink Cards.

@TripAstute

5 жыл бұрын

That's a tough question! $45K is a lot to charge on a card, and I would guess that most people don't even have that high of a credit limit on a single card (I know I don't!). If you're not interested in picking up a new card, then I would try to put the spend on your Freedom Unlimited since it gets 1.5X in points. Also, it could be worthwhile to get the Ink Business Unlimited since it also earns 1.5X and includes a 50K UR points welcome offer. And if you're wanting to diversify to another issuer, it might be worth getting Amex Blue Business Plus which earns a flat-rate of 2X MR points on all purchases (with no annual fee). Hope that's helpful! 🤓

@jaymeez

5 жыл бұрын

@@TripAstute Great! I have no problem with getting other cards. I'll even look at cards with Annual Fees if it makes sense. Paying the IRS on a card requires paying 1.87% Processing Fee so a card that has 2% cash back sounds good. My Freedom Unlimited & Freedom Cards both have the first 15 months at zero percent interest and I've only had them for 2 months; so I was considering placing some of that spend on there. BTW I wouldn't be paying the entire 45k all at once. I have to pay that before the end of 2019 so I have 3 Quarterly payments left this year. I'd love to earn some points to go towards travel. I'll look into the Amex Blue Business Plus

@hinojosafritz3003

5 жыл бұрын

jaymeez I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

Is there a total credit line limit for chase to give it to you? Like Amex if exceeding 35k in total credit card line will lead to a Financial Review

@TripAstute

5 жыл бұрын

Not that I am aware of. Chase does allow cardmembers to have credit lines transferred between cards too, which is convenient (especially if you're card is not approved and you call the reconsideration line). Since I have a lot of credit with Chase, I usually have to offer to move credit from one card to another in order to get an approval.

@ZachsCreditCardGuide

5 жыл бұрын

Chase typically keeps you around 50% of your stated income before you have issues. I always downgrade my credit limits to what I “need” and always get auto approvals, I’ve never had to recon and I’m up to six chase cards that I applied for relatively aggressively over as many months.

@hinojosafritz3003

5 жыл бұрын

Xiaoran Wang I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

I'm just learning that Chase UR points are better for me. I'm way over 5/24, but my goal is to hold out until I'm able to get the World of Hyatt card. Luckily my wife is under 5/24, so I'm going to ask her to get the Freedom Unlimited (I might have her apply for the World of Hyatt so I don't have to wait).

@TripAstute

2 жыл бұрын

I’d recommend that your wife apply for one of the premium Chase UR cards, especially when they have a high bonus. She can then downgrade to the Freedom Unlimited after the first year. 🤓

👍🏾

@TripAstute

4 жыл бұрын

Thanks! 😊

Good video.

@TripAstute

5 жыл бұрын

Thanks! 😊

I like both but prefer Chase.

@TripAstute

5 жыл бұрын

I agree! 😊

the equivalent of chase cards with six cards is a hexfecta.

@TripAstute

5 жыл бұрын

Thank you! It was bugging me that I couldn’t figure it out. 😄

@hinojosafritz3003

5 жыл бұрын

Soccerguy1154 I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

@texasowl5356

5 жыл бұрын

Hinojosa Fritz 🤦🏼‍♂️

I use both but I do prefer UR and would suggest the average consumer to prioritize the UR program.

@TripAstute

3 жыл бұрын

I agree! I find Chase UR to be a bit more versatile and easy to use. 👍

Hexafecta :)

@TripAstute

5 жыл бұрын

Yes! Thank you. 🤓

I prefer chase for its simplicity. I use my card points for investing, converting it to cash and amex doesn't let me do that unless i had the schwab platinum card and thats out of my budget right now.

@TripAstute

5 жыл бұрын

Yeah, I wish Amex would increase the value of non-airline transfer redemptions. It would really make the points currency more valuable. 👍

It's simple, you should diversify your points! And have multiple sources

@TripAstute

5 жыл бұрын

That's definitely sound advice! 👍

Can you down grade the platinum to the gold

@TripAstute

4 жыл бұрын

Yes, it’s definitely possible. Though keep in mind that you might be better off downgrading to the Green and applying for the Gold if you are eligible for the welcome offer (I.e., you won’t get the welcome offer if you product change).

Ebates membership earning program?

@TripAstute

5 жыл бұрын

Definitely another great benefit for Amex! 👍

Some very nice photos under number 2. I think it's not fair that you can't down grade an open credit card like the gold or green to a revolving credit card like the basic every day card? so your right Chase wins there Have you been on American Express's site with you logged in? When transferring points or wanting to redeem points when I had the Green card when I wanted to get rid of the card I wanted to use my points for a hotel stay in the Philly area and all the account mgrs. said to me you don't have enough points I think somebody said to me that I need 90,000 points it was all about not having enough points. now I never had a chase card that transfer points until now but i'm not keeping the sapphire preferred I will probably down grade to the basic which doesn't transfer points. But for every body who does have the Sapphires I'm going to say that Chase has better transfer programs? have you ever used the concierge service on the Reserve?

@TripAstute

5 жыл бұрын

I haven't had a chance to try out the concierge service. Though the next time we can't get a dinner reservation somewhere, I might try it to see how well it works. I also haven't tried redeeming Amex points for hotels. But I was surprised at the low redemption rates when redeeming via Amex Travel. 😬

I’ve got Chase UR, AMEX MR, and Citi ThanYou points. I do use UR a lot. Got 9 UR earning cards and some hotel cards with chase love my cards that I have right now with them. 5X Freedom (most earning) 2X ink preferred 1 Ink Cash (most earning) 1 sapphire reserve I max out freedom categories for my freedom and Ink cash cards My MR earning cards are 1 personal platinum 1 business platinum 1 BBP (most earning) 1 personal gold (most earning) 1 business gold 1 business green And with Citi I have premier as prestige makeover was upsetting for me. And also got 2 AA business card with them.

@hinojosafritz3003

5 жыл бұрын

sunny khoja I got my credit card debt paid and cleared by a good man called hunter you can contact him if you need help in clearing your credit card debit through is number +1 (401) 315-4693 and thank me later

@JuNiOrWaDeNmIaMi

Жыл бұрын

Which is better for you Amex or chase

Can you help us maximize our Amex strategy?

@TripAstute

5 жыл бұрын

For sure! I'm thinking of doing a video on Amex card strategies. 🤓

@SaltyPenguin255

5 жыл бұрын

Perfect! I just got approved for the 75 k Amex offer with pre approval!

@TripAstute

5 жыл бұрын

Nice. Well done! 👍

11:50 - How about Trifecta squared? Can't superscript a "2" in youtube comments!

@TripAstute

5 жыл бұрын

I like it! 🤓

@RemcoAlexanderPhD

4 жыл бұрын

That would be 9 cards...

Chase's lack of groceries seals the deal. AmEx.

@TripAstute

5 жыл бұрын

Yeah, that's been a weak point for Chase for a long time. I used to just put my grocery and fuel spending on an Amex Blue Cash Preferred, but now it's going on the Amex Gold. 😊

I’m team chase.

@TripAstute

5 жыл бұрын

Hahaha ... I should have done a Twilight theme for the video! 😄

I feel like you could've focused more on the details of points redemption rather than comparing specific cards from each. Good content nevertheless.

@TripAstute

5 жыл бұрын

Thanks! I was definitely leaning that way at first, but I decided to make it more holistic. I honestly think that there are a lot of non-point-related benefits with both programs (e.g., Amex Offers). Though perhaps I'll do more of a deep dive on Amex vs Chase point redemptions. 👍

first

@TripAstute

5 жыл бұрын

Well done! 👍

Amex has grocery with amex preferred.

@TripAstute

5 жыл бұрын

Yeah, I used to love using my Amex Blue Cash Preferred for groceries. I'm using the Amex Gold at the moment, but I'll definitely go back to the BCP if I decide to not to keep the Gold card for another year. 👍

0.7 Cents per Point

@TripAstute

5 жыл бұрын

Ah, thanks for catching that. I think I was originally going to put $0.007, then decided to write it out as cents. Definitely left too many zeros! 😄

Amx gold has best Flex so +1

Chase way or the highway lol screw Chase!!!!

@TripAstute

5 жыл бұрын

Yeah, Chase's rules are a bit crazy! 😬

Amex is better hands down

@TripAstute

5 жыл бұрын

Just out of curiosity, what's your preferred redemption for Amex? I know ANA is a popular one for Asia, but curious about other strong redemptions. 😊