Chase Sapphire Preferred: REAL WORLD REVIEW | How to Use Every Benefit

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  • Опубліковано 20 січ 2025

КОМЕНТАРІ • 133

  • @MarkReese
    @MarkReese  2 місяці тому +3

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  • @paulstein916
    @paulstein916 2 місяці тому +18

    Mark, thanks for this video. I have been able to get 3x shopping in my supermarket by loading my CSP info into the store mobile app and paying using the mobile app at the checkout register.

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Great to know, thanks! I'll have to try that out.

    • @elreyes78
      @elreyes78 19 днів тому +1

      @@MarkReeseDid this work?

    • @MarkReese
      @MarkReese  18 днів тому +1

      @@elreyes78 - Haven't tried it yet.

  • @Dougla_D
    @Dougla_D 2 місяці тому +10

    You are a presentation genius!! I would love to know how long you took to create this video (assuming you did this by yourself haha). It’s well dissected and edited and it deserves to be nominated for an Oscar!! Looking forward to your next video. I’m already subscriber, so I’ll drop this well deserved like 👍

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Thank you! It took 4-5 days 🤙

  • @jaymeez
    @jaymeez 2 місяці тому +10

    I Love my Preferred card except for the $50 hotel credit. During my Thailand trip I noticed every hotel was WAY Cheaper on Booking or Agoda compared to the Chase portal.

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Good that you compared 👍

  • @drag0n4ever
    @drag0n4ever 2 місяці тому +60

    Chase just needs to make the grocery category for all and not only online. If they did this then I’d cancel my Amex Gold.

  • @neelneez
    @neelneez 8 днів тому +1

    Such a thorough video, Mark! That's a real world every day use review right there!

  • @Julias1337
    @Julias1337 2 місяці тому +15

    Hey Mark, I am really liking this style of review for your annual fee cards with benefits. Two down, and 1 credit card binder to go! 😂😂😂

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Thanks! Glad you like it!

  • @76ers
    @76ers 2 місяці тому +3

    5:49 - Mark, I relate to so many of your videos, it's as if I'm watching myself. We even drive the same car!

  • @hereameergoes
    @hereameergoes 12 днів тому +1

    This video is so detail oriented, my gawd. Great editing

    • @MarkReese
      @MarkReese  11 днів тому +1

      Glad you enjoyed it!

  • @andrearichardson7931
    @andrearichardson7931 2 місяці тому +4

    I just received my card yesterday! Thanks for an in depth guide to efficiently using my new card

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Congrats & enjoy it!

  • @MikeBean
    @MikeBean 2 місяці тому +3

    I'll admit, the B roll was more fun on the Amex Gold video, but this one is more practical. Simply because I can actually do these things.

  • @blakebraboy6909
    @blakebraboy6909 2 місяці тому +3

    Great video. I’d like to see more of these video with various cards to see how they code in the real world.❤

  • @ajeezy0313
    @ajeezy0313 6 годин тому +1

    Mark, Thank you for this video. Ill be receiving my card within a week. Question: Will i get 1X points when i pay for my landscape services if i use this card?

    • @MarkReese
      @MarkReese  52 хвилини тому +1

      Congrats! Yes, you'll earn 1X for landscape services.

  • @l.a.rivasesq.8841
    @l.a.rivasesq.8841 2 місяці тому +1

    Excellent video. I just got this card and appreciated your comprehensive review and demonstrations. Thanks!

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Congrats on the approval!

  • @klw1463
    @klw1463 8 днів тому +1

    Do you get to use the $50 travel credit in the first 12 months of opening, or do you need to wait until your anniversary year for it to hit?

    • @MarkReese
      @MarkReese  7 днів тому +1

      Yes, you get to use it in Year 1.

  • @JessicaHolmes
    @JessicaHolmes 2 місяці тому +3

    I love these “real life” videos! I look forward to more!

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Glad to hear it!

  • @Polo1928-v2e
    @Polo1928-v2e 2 місяці тому +3

    I bought a grocery gift online from the actual grocery store. I am seeing if I get the 3X or not.

    • @Polo1928-v2e
      @Polo1928-v2e 2 місяці тому +1

      Buying a grocery gift card online from the actual Grocer worked for 3X.

  • @davidprasad65
    @davidprasad65 21 день тому +1

    Thank you for this information about this credit card.

  • @KevinMartinez-kp4tk
    @KevinMartinez-kp4tk Місяць тому +2

    I really wanted that B-Roll for the hotel 😂

  • @haroldgonzalez9424
    @haroldgonzalez9424 14 днів тому +1

    Finally somebody did a actual reallife example

  • @peacelawal9427
    @peacelawal9427 2 місяці тому +2

    Just got approved with 13k and 9 credit checks prior to applying was surprised I was approved

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Congrats & thanks for the data points 💯

  • @rickyknight7394
    @rickyknight7394 2 місяці тому +9

    Just got approved 20k limit

  • @JA-os3dt
    @JA-os3dt 19 днів тому +1

    Thank you so much for this video. However, I don't know why, but whenever I try to book a hotel through Chase, I always get a "there's a problem" when I go to check out. I call the phone #, & then I'm transferred multiple ppl....not one of the helped me🙄😬

    • @MarkReese
      @MarkReese  18 днів тому +2

      Strange. Try clearing browser cookies / history? Perhaps another browser?

  • @pedroasencio3290
    @pedroasencio3290 2 місяці тому +3

    How about checking the multipliers for the WF Attune? 😅

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Why would I do that for a video about the CSP?

  • @iordaniskaravasilis
    @iordaniskaravasilis 18 днів тому +1

    I got a question and I like a response so I currently have a Wells Fargo autograph card and I’m about to receive the Capital One Savor card the research I’ve done suggest that they’re very similar so I gather that I don’t need both which one should I keep?

    • @MarkReese
      @MarkReese  18 днів тому +1

      The answer will be different for different people. So, keep the one that rewards you most in the categories you spend most.

    • @iordaniskaravasilis
      @iordaniskaravasilis 18 днів тому +1

      @@MarkReese that makes sense thank you for getting back to me

  • @HandsONreviews4u
    @HandsONreviews4u 2 місяці тому +5

    First off GREAT VIDEO BECAUSE I HAVE BEEN looking for someone taking this card and demonstrating real world purchases and hotel $50 dollar credit. I actually thought one could use their 50 bucks ONLY for Chase list of hotels. Looks like you can find your own and then apply the 50 bucks which to me is the real gift🎉🙋
    PS... got my 60,000 points just by booking a $4k travel trip. My wife and I would always pay cash nowadays we just use the card

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Glad it helped! Enjoy those 60K points 🏆

  • @notmeagain5647
    @notmeagain5647 2 місяці тому +3

    i need a card for wholesale grocery with no annual fees. any good recommendation ??

    • @franciscanstudent
      @franciscanstudent 2 місяці тому +1

      Usually, the wholesale club has its own card, such as the Visa anywhere for Costco.
      PNC has a flat rate 2% card that should also do the trick.

    • @theyhateme2601
      @theyhateme2601 2 місяці тому +3

      AAA Daily Advantage - 3% off at wholesale clubs plus 5% off at Wal-Mart…#TooEasy

    • @notmeagain5647
      @notmeagain5647 2 місяці тому

      @@theyhateme2601 ty

    • @MarkReese
      @MarkReese  2 місяці тому +3

      Which wholesale club do you shop at?

    • @notmeagain5647
      @notmeagain5647 2 місяці тому +1

      @@MarkReese costco mostly

  • @jimmyjames6492
    @jimmyjames6492 2 місяці тому +2

    Thanks for the info + video!

  • @JDS54
    @JDS54 2 місяці тому +2

    Can I use the 60,000 miles bonus for American Airlines flights? Thanks

    • @MarkReese
      @MarkReese  Місяць тому +3

      You can via the Chase Travel portal at a value of 1.25¢ per point.

    • @JDS54
      @JDS54 Місяць тому +1

      @ Thanks for the response… I’m going to open that card…

    • @MarkReese
      @MarkReese  Місяць тому +1

      @@JDS54 - Good luck with the application!

  • @mrwheels1230
    @mrwheels1230 Місяць тому +1

    Wait 3x on wholesale club like Costco?

    • @MarkReese
      @MarkReese  Місяць тому +1

      No. The 3X Online Grocery category excludes wholesale clubs.

  • @DB6904.
    @DB6904. 2 місяці тому +1

    Hi Mark, would u happen to know if the Ennismore hotel benefit is available each year, or is it just a one time benefit for new cardholders?
    Thank you very much!

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Currently, the terms say, "Eligible cardmembers must book by 12/31/2024 and stay by 12/31/2025 to receive benefits." So, it seems like a limited-time partnership. I don't know if it'll be renewed though.

    • @DB6904.
      @DB6904. 2 місяці тому +1

      @MarkReese ok. Thank you. Appreciate ur application links. Take care.

  • @yunglovswrld
    @yunglovswrld 2 місяці тому +1

    So is it good for you first checking account

    • @MarkReese
      @MarkReese  2 місяці тому +1

      What do you mean?

  • @x50nathan
    @x50nathan 2 місяці тому +1

    Can you do a real-world video for the Amex Platinum? That would be great!

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Perhaps at some point!

  • @Bangpaulxu
    @Bangpaulxu 2 місяці тому +1

    Love the thumbnail!

  • @mierkkoazucena7992
    @mierkkoazucena7992 2 місяці тому +1

    Can i transfer my points to my wifes airline program ?

    • @MarkReese
      @MarkReese  2 місяці тому +1

      It's my understanding that you can move your Chase points to the airline or hotel program of one member of your household who is also an authorized user on one of your accounts.

  • @isaaclopezchs
    @isaaclopezchs Місяць тому +1

    I just got approved. Is this card metal? I have three chase cards.

    • @MarkReese
      @MarkReese  Місяць тому +2

      Congrats! The card has a metal core with a plastic front + back.

  • @CarlosHidalgo-s7g
    @CarlosHidalgo-s7g 2 місяці тому +1

    Hi Mark. I’ve had mine since March of 2020, should I cancel and re apply in 1 month to get the offer of 60,000 pts what do you think?

    • @MarkReese
      @MarkReese  2 місяці тому +2

      Up to you! If you have a need for the points soon, then it could make sense. If not, then I'd wait for a higher offer. Keep in mind you could also downgrade your current CSP to a Freedom-branded card if you want to keep the account open.

    • @CarlosHidalgo-s7g
      @CarlosHidalgo-s7g 2 місяці тому +1

      @ does it hurt my credit if I close account? I currently also have the Freedom Flex, which one would you recommend?

    • @CarlosHidalgo-s7g
      @CarlosHidalgo-s7g 2 місяці тому +1

      @ if I down grade does that mean I no longer have it and I can re apply for it a month later?

    • @franciscanstudent
      @franciscanstudent 2 місяці тому

      ​@@CarlosHidalgo-s7g
      Closing the account indirectly hurts your credit score by decreasing the amount of credit available to you and by increasing the percentage of your credit that you are using.

    • @MarkReese
      @MarkReese  2 місяці тому +1

      @@CarlosHidalgo-s7g - There isn't 1 answer to the effect closing a card will have. It can vary for everyone. Watch this video: ua-cam.com/video/UcWqixdQk30/v-deo.htmlsi=elezyDYHONidF4yd
      You can downgrade to the Freedom Unlimited if you want. Perhaps even a second Freedom Flex.

  • @Ambrosiared
    @Ambrosiared 2 місяці тому +1

    So helpful!

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Glad to hear it!

  • @rambosidi7634
    @rambosidi7634 2 місяці тому +1

    Great information

  • @miguelortiz8457
    @miguelortiz8457 2 місяці тому +1

    Mark, hi. For a possible next video of yours: Amex Schwab Cards with increased welcome offers on 11/08.

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Thanks Miguel! I'm focusing less on videos about limited time deals right now.

  • @blakinsideandout
    @blakinsideandout 2 місяці тому +2

    I just got denied for that card 😢

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Bummer. Did you find out why?

    • @RutujaSomeone
      @RutujaSomeone 2 місяці тому

      beggars cant be choosers

  • @robnfl
    @robnfl 2 місяці тому +1

    WTH? That room was only $90ish dollars?

  • @veebell4921
    @veebell4921 2 місяці тому +3

    First 😊
    Sorry I have always wanted to do this 😂

    • @MarkReese
      @MarkReese  2 місяці тому +1

      Almost! 😁🥈

    • @aliciacardoza6910
      @aliciacardoza6910 2 місяці тому +1

      Can you and your spouse each have a card like Cap 1 to use for the same account or are there fees for that?

    • @MarkReese
      @MarkReese  2 місяці тому +1

      @@aliciacardoza6910 - Yes, the person who got the card can add additional authorized users to the account.

  • @berryzedzero
    @berryzedzero 2 місяці тому +3

    I have traveled the entire world and come to the conclusion that I will not reenter the game.

    • @a3sully
      @a3sully Місяць тому

      Is that because you are already in the game?

  • @MrHawaiiboy510
    @MrHawaiiboy510 2 місяці тому +1

    There’s a better way to trigger the online grocery

  • @soapa4279
    @soapa4279 2 місяці тому +3

    The 10% anniversary bonus isn’t so bad. If you spend $36K a year, that’s 3600 points, or $45 through the portal. Combine that with the $50 hotel credit. It makes the AF basically $0 to hold the card.

    • @Sinisterniinja
      @Sinisterniinja 2 місяці тому +1

      36k a year is 36k points worth 450 through portal

    • @verafiedairman
      @verafiedairman 2 місяці тому +4

      @@Sinisterniinja nah, the bonus is 1pt earned per $10 spent.
      3600 pts earned per $36k spent ($3k/month on avg) = $45 via travel portal.
      Terrible value to get CSP for this sole reason; the card offers good value, but THIS bonus is not a top tier reason to spend on the card.
      For many, annual spend for CSP is likely closer to $5-$15k/yr, rather than $36k, or may be better off with CSR with $36k of annual spend in categories.
      Bonus Value for $10k annual spend is closer to $12 or $20+ via transfer partners.
      So, imo this bonus is reasonably worth maybe $5-$25 value for most, redeeming for travel / PYB - which is still nice extra but doesn’t move the needle as much as other card categories or SUBs.

    • @Sinisterniinja
      @Sinisterniinja 2 місяці тому

      @ thank you for the breakdown of the bonus.

    • @soapa4279
      @soapa4279 2 місяці тому +1

      @@verafiedairman I'm not saying this is a reason to justify getting the card, I'm saying it's already there and it's just a plus.
      And don't do the "for many" because you don't know peoples spending. $5-$15K a year, really? I put about $100K through my credit cards annually. Anyone who gets this card and travels regularly would easily exceed $5-15K. If they don't, then why even bother with a mid tier travel card, and they're better off with a high Cashback setup.
      I'm just saying the 10% anniversary "bonus" is not so bad, it's a plus and not a negative. And if you happen to be a person who spends at minimum $36K, it essentially wipes out the remaining $45 AF for spend YOU'RE DOING ANYWAY.

    • @verafiedairman
      @verafiedairman 2 місяці тому

      @@soapa4279 lol true, it does take $36k to get enough bonus redemption to get credited the travel portal value of $45, including the $50 hotel credits to effectively eliminate the annual fee cost, not including the value added from category spend.
      The fact is, you said it’s not bad; I only mention that MOST (that don’t actually spend or make $100k) shouldn’t look to this as a valuable add, since most spend should be going towards other cards for SUBs&Category spend for better portfolio value, rather than as a catchall card. The CSP is a mid tier travel card, but is the best imo, there are better travel cards. It’s great value but more so at lower spend, not so much at the $36k or $100k spend. That’s just my opinion since I can’t compute your actual spend to see if you’re actually better off spending with other cards. An exception is if you spend mostly on online grocery, otherwise CSR will give you higher portal redemption and upto 10x on Lyft/ TP Hotel & Car Rental bookings, freedoms offer higher floor at 1.5x and ceilings of 5x on flex categories, etc.
      The CSP has a sweet spot for those spending closer to $5k-$15k on CSP category spend rather than all spend; someone may still spend $100k annually, limiting to +/- $10k on CSP. It is possible.
      I’ve done the math on CFU v CFF and the spend is $62.50 per month, on avg; anything over in quarterly category spend means better for CFF anything less is better to get CFU - assuming you only get one card for one quarter or one year, etc.
      Check out asksebby CSP v CSR calculator, Im curious if upgrading will bring you more value

  • @SOXGATORS
    @SOXGATORS 2 місяці тому +1

    👍🏻

  • @ViloxRS
    @ViloxRS 2 місяці тому +1

    Kinda baffled at how nice the hotel was for $97

    • @MarkReese
      @MarkReese  2 місяці тому +1

      When it comes to basic hotels, Hyatt tends to offer a better experience than a lot of other programs.

  • @andylam4350
    @andylam4350 2 місяці тому +1

    The only thing I hate about this card is that it doesn’t give me x3 on deli bagel stores. It likes to nit pick the stores they want to give you smh 🤦‍♂️. My savorone just gives me x3 on all stores. Common Chase step it up!