Chase Saphire vs American Platinum

[KrishnaDevaRaya]

Travel ki ( airline tickets) ki edhi best. India trip plan chesthunna. Please suggest

[galiraju]

Rendu same benefits. Kaani amex vaadu fee penchindu...so im in the dilema to keep it or get rid of it. AMEX concierge awesome ...never delt with Chase so cant comment

[Pulkapresident]

I have both. 

[Galactus]

Both have high annual fee 550 vs 695 $, do not go for high annual fee cards as a rule unless you aim is to churn cards quickly (which I personally do not prefer)

The problem with these high annual cards is that you will think you are getting cash back but they are just giving some benefits from the annual fee you are paying , you are better off using a cash back card with broader categories 

These cards are primarily focussed towards travel , hotels , airlines , dining etc , so if you are not spending enough in these categories this may not be a correct card for you..think hard..

[Pulkapresident]

7 minutes ago, Galactus said:

Both have high annual fee 550 vs 695 $, do not go for high annual fee cards as a rule unless you aim is to churn cards quickly (which I personally do not prefer)

The problem with these high annual cards is that you will think you are getting cash back but they are just giving some benefits from the annual fee you are paying , you are better off using a cash back card with broader categories 

These cards are primarily focussed towards travel , hotels , airlines , dining etc , so if you are not spending enough in these categories this may not be a correct card for you..think hard..

Okay Dave Ramsey. 

[Galactus]

10 minutes ago, Pulkapresident said:

Okay Dave Ramsey. 

I'm not him though

[no01]

business travel chaala unte these high fee cards make sense...otherwise not worth it. inko couple yrs varaku peddaga travel jobs undavu anukunta

[mummadi]

sapphire lo edi reserve aa or preferred?

[KrishnaDevaRaya]

reserve

 

[phatposts]

At this time, chase sapphire preferred (via a referral) has the best offer. $95 annual fee, 100K Chase UR (~$1250 value)

Public offer is 60k but referral links are still 100K. 

Before applying for any Chase card - read this very thoroughly 
https://www.doctorofcredit.com/credit-card-reference-pages/#Chase

especially these posts

https://www.doctorofcredit.com/18-things-everybody-should-know-about-chase/

https://www.doctorofcredit.com/chase-524-rule-explained-detail-need-know/

After the 1st year - if you dont value the $95 fee - downgrade that to Chase Freedom/FreedomFlex which are very good cards and no fee. 

The key value for a fee-based chase card (Sapphire preferred, reserve, ink etc.) is they come with "real" ultimate rewards which you can transfer to partners like United, Southwest, Hyatt etc. 

Fee based cards are a nice niche if you know what you are doing and have very good discipline. It is not for everyone,

Before anyone comes with Ramsey like comments, save them to your keyboard. 

[KrishnaDevaRaya]

Thank you all