Thursday, November 3, 2011

The Chase dilemma

Chase is replacing AMEX to become the travellers' credit cards with BIG sign up bonus: Southwest 50k points, Sapphire Preferred for 50k point, British Airways infamous 100k miles, etc. Whether you like it nor not, you will have to become a Chase customer in order to take advantage of these deals. If you don't like Chase, I have a old saying for you: "Keep your friends close, and your enemies closer". If you take advantages of these deals and by paying in full every month, Chase make very little money from you. Wouldn't it be nice to make your enemies work for your benefits? :-)

$833 in travel credits after 1st purchase!

As Chase is a big boy in reward credit card industry, it's important for you to make sure that you are not blacklisted from them. They are pretty generous with their credit limit, but it doesn't mean you can apply for whatever deals they have. Remember that you can only earn sign up bonus once, so be careful to choose the best sign up bonus available.

I'm also so temped to apply for the Hyatt card and the Southwest since the sign up bonuses are great. However, I will never fly Southwest because I will miss my 1K upgrades. On the other hand, $833 is a lot of money and I can use the credits for my friends to travel for free. I also want the Hyatt card since I will be staying a lot at Hyatt next year. However, if I do both, I would have much less chances to get approved for the United card that I'm patiently waiting for a big bonus. Then, there's the super sweet Marriott card with 70k points & 1 free night after first purchase. Believe it or not, this stress me out! Chase is selective nowadays if you have more than 3 cards so I don't want to get declined when another good deal come out. 
I don't know what to choose. What a pain of having good credit =.= ;-)


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