As promised, I wanted to follow up with y'all about my experience with the Chase Sapphire Preferred card since I posted a month or two ago about how and why I had selected it as my card of choice for all things travel rewards.
If you recall, one of my (naïve) concerns was that I wouldn't be able to meet the spend threshold of $4,000 in three months in order to get the lucrative 50,000-point bonus that had attracted me to the card in the first place.
To get around this, I paid our entire rent ($1,800) and ate the annoying $33 credit card fee one month to get me close to halfway there, then did Christmas shopping and about a month of regular spending on the card (plus two National Championship tickets—R.I.P., Alabama's 2019 hopes).
Turns out Spendy McSpenderson had no trouble reaching that threshold after all.
And wouldn't you know it, I was in an Uber on the way to San Jose when I logged into my bank account to peruse all the different Uber and Lyft charges I had racked up since setting foot in the Bay Area when I saw it: the miraculous point bonus, just sitting in my Chase portal, waiting to be devoured on free travel.
I won't fake maturity here, I was pumped beyond belief and loudly announced to Thomas and the Uber driver that I now had nearly $700 in travel funds at my disposal--just for putting my spending on this tiny piece of plastic.
Cognizant credit cards can be really problematic for people who don't budget, I'm still convinced this is the smartest way to travel. Why the hell wouldn't you just pay for your stuff that you were going to buy anyway and can afford to get hundreds upon hundreds of dollars of free travel out of it?
Now I plan to wait until Southwest begins flying to Hawaii and use my points to book a few nights at a resort. Free flights, free resort... free Hawaiian vacation 2019. Now that's a deceptive affront to frugality I can rally behind.
And for those of you without free flights, there's always the Rapid Rewards Credit Card that's offering the Companion Pass right now through Feb. 11 (free flights for a friend of your choosing, effectively splitting the cost of your tickets in half).
You can always transfer your Sapphire points to participating airlines and their codeshare partners and redeem them as "miles," too. For example, 50,000 points at Southwest would get you several round trips.
If you'd like to get this card and have been helped by my posts and experience with it...
I'd really appreciate it if you used my referral link upon signing up. A little good karma would do you good, no?
Cheers and thanks for reading. Stay tuned for when I actually redeem travel with the points—I'll let y'all know what (and where) we choose!
The young woman's money guide for all the things you're too embarrassed to ask your friends. Build the life you thought you were too broke to afford through managing your spending habits, travel hacking, and simple, smart investing.
Full-time Brand marketer at Southwest Airlines, part-time Yoga Sculpt teacher, occasional Waffle House Model and reformed materialist.
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