IMO the CSP is the perfect entry travel credit card. Low AF No FTF Good sub Decent multipliers Excellent travel protections Primary auto CDW Most importantly, its a metal card 😎
🏀 Sebby, I hope you never give up making these videos. I count on your insight and knowledge on a constant basis when traveling. I love my CSP! The primary CDW makes it well worth it for me.
I just got mine. I like it so far. I spent over 70 nights in hotels last year and was declined for a Bonvoy boundless. ☹️ Hopefully this will be useful. 😊 🏀
Went in branch and got mine today for 90K sign up bonus. Few data points I figured I’d flag as I got instantly approved. Credit Score: 715 Hard Inquires: 0 Payment History: 1 Late Payment in the last 6months Annual Income: Less than 6 figures Housing Payment: 0 Other lines of credit: 1 other credit card, & student loans Total Credit Card Debt: 0 90k offer was only offered in branch so def recommend going in branch if you’re looking for that or if you have something on your credit report you need to explain (i.e. late payment, hard inquiries). I also didn’t break any Chase rules so def helped me but figured I’d start a thread of data points in case anyone else gets approved and other are looking to apply
@@Matador4_ it was just the 90K max but redeemed through the rewards portal is 112.5K, I believe every year at some point there’s a 100k but the bonus is typically 60k so often that I had to grab the 90K branch offer when I saw the opportunity
@@reezyking no I agree. But I had just heard that some branches were doing 100k so I figured I’d ask. I wasn’t sure if it was true or not. But the 100k was probably not true. At least not in this promotion.
Get an additional 10k on 80K if you spend 6k in the first six months ? Our player 1 got the in branch offer and referred player 2 for an additional 15K bonus. Player two gets 80k with no additional offers.
🏀 One of the biggest benefits of running the Chase setup as a younger person is the ability to product change between the CSP/CSR and the Freedoms. We can try out the perks of each card without committing to paying an annual fee every year or canceling a card 🏀
🏀 I’ve had the CSP for a few years now. I got it during one of the 80k bonuses. For me it’s worth it, especially if you have other chase cards that rack up points and then use the CSP to get the 25% bonus. If I could tweak the card a bit, I would change the 3X on online grocery shopping to 3X for grocery shopping in general. This would make it a keeper card for me, instead I’ll just downgrade it in a few year and apply for the CSR 🤷🏾♂️
🏀 Great rundown! I love my CSP. I easily get a ton of value out of it for an effective $45 annual fee. While I dislike portals, I’ll use it one time for the hotel credit and I loveee their transfer partners (big United, Hyatt and Marriott user). I also use doordash regularly, use the 3x grocery in person Kroger hack and surprisingly my Apple iCloud storage is even considered 3x streaming by chase. The one thing that would be cool to see though is them move the online grocery category into a real grocery category and 1 or 2 one-time passes to the Chase Sapphire airport lounges. Thanks Sebby!
I am glad Sebby brought up the fact of being careful of cheaper rates on Google. As someone in the industry you see it a lot, where people book it but these sites tack on dumb fees and in the end it actually costs more than booking through other sites.
You're describing me at 12:50 I have a pretty solid cash-back setup and recently got the CSP because I do take an occasional trip. I think that even with one or two weekend adventures per year, this card will pay for itself and then some. I have the CFF earning 5x on the rotating categories and 3x at drug stores paired with the CSP for 3.1x dining (when I'm not getting more from a different card, like the Disco paying 5% dining this quarter) and as a points multiplier and for travel expenses. It is the jewel of my card collection even if it won't actually get that many swipes compared to other cards. 🏀
🏀 The Chase Sapphire Preferred is the easiest card to recommend as a beginner travel card. The ability to transfer out to travel partners with a low annual fee of $95 is pretty awesome in my opinion. While this card isn't one I really ever put spend on, I don't see myself ever downgrading this card unless I want to get the SUB again a few years from now. Great review Sebby!
I love the Chase Sapphire Preferred. I’ve only had it for a few months but the value I’ve already gotten from the card far exceeds the $95 annual fee. It’s a great card for anyone looking for their first lower cost travel card.
The CSP is definitely worth it for anyone, I would say. I recently got this card and I am currently in India. I will easily be able to meet the spend requirement as I have already booked my tickets on the CSP and I plan to have a few other expenses when I return to the US. I have been using the card for all of my expenses in India and have had very little issues with it. It was accepted everywhere with tap to pay, although for some reason it was not accepted when the chip was read (idk why). I also used the card on my Emirates flight and at the Dubai airport. I have paid for stuff in USD, AED and now in INR. I was not charged anything extra for using a foreign card. And with the 80k points bonus, I plan to use them for domestic flights within the US. For someone like me who does not travel on business or flight class, I am thus able to get great value from the CSP - I would happily pay the $95 annual fee to keep this card open. 🏀
Just. Went in to my branch and RE submitted for my CSP they gave me an extra 10k and 90ktotal. I last applied for this card in April 2019. Timing worked out perfect 😊
🏀 going to Europe with round-trip flight + hotels all paid for with UR points! Got the CSP first years ago (through your video & consultation Sebby!), upgraded to CSR, downgraded to CFF, and now have another CSR to use redeem the points! Thanks for all that you do!! Can you do the 2023 version of CSR next??
@@maxlrubenstein But there is no PP benefit to the CSP. Going back to the original comment, I think it might be interesting for Chase to do that "one visit a year" thing like with the Priority Pass -- give people a taste of something and they might want more. If they never get a chance to go, they won't know what they are missing and would be less likely to upgrade to CSR.
@@ziggy29 ahhh my bad. I get PP from a couple diff cards so I didn’t realize it didn’t come with the CSP. It seems like PP comes with most travel cards so ya that’s an omission if it doesn’t come with the CSP and they don’t give you one visit for having the CSP. Makes sense what you’re saying now and I totally agree.
@@maxlrubenstein You aren't going to get a card with substantial lounge access for much less than $400. To my knowledge, the lowest fee card that offers PP is the Venture X ($395 AF).
@@MH_6160 I get that! I did a lot of travel in 2022 but none so far in 2023. Are you cashing in your points or keeping them since you don’t have the CSP?
🏀 I’ve been burned by a client booking through a third party as you mention, and then I show up off a flight at 11pm to not have a room… not fun. I got CSP for the in branch 90k offer because even if I cash those UR out, it’ll still be worth it for me in year one. Have to evaluate again next year to see if it plays well with my amex plat etc.
I just got the CSP and less than a month later the SUB went from 60K to 80K 😢 So far I think it’s ok. They have some shopping offers similar to (but not overlapping with) Amex, which I like. I haven’t used the portal yet, I compared the rate to booking with Marriot directly and that came out cheaper 😅 🏀
Same thing with me on the SUB. I got it in January when it was 60. My timing is terrible. The CFF had 5% groceries for the first year. That offer went away for a few months and I got the CFF. Then the grocery deal came back.
🏀 Thx for this video. I was just approved for the CSP in branch today. I have a couple stateside trips this yr & out of country next yr; I'm excited for the SUB & really utilizing them to max potential. 14:31
I have the Amex trifecta and use Amex daily, I got the chase preferred for when I’m outside the US and still want to make points when going to restaurants,bars etc. I also transfer my points to fly blue which I do the same for Amex.
just picked up the CSP since this is the best deal I've seen since the 100k. Not sure about the card in general, but I guess the 80k pts will be a good start at least...probably won't replace the Gold card though. 🏀
Please keep in mind that CRW through a credit card is a secondary insurance. Sometimes it makes sense to just pay a rental company for insurance. A rental company may sue you for lost revenue in case of an accident. I would rather pay 30 bucks per day than deal with another party in this case a credit card’s insurance company of choice. Well, Amex offers CRW as a secondary insurance. I’m a bit confused about Sapphire though.
The difference between the Primary CDW offered by Chase is the you are not required to use your own Auto Insurance first. With AMEX's secondary insurance is that they will only cover what your insurance won't
Sapphire offers *primary* CDW. With Amex (at least some cards), the default is secondary CDW but you can purchase primary CDW, usually for about $20-25 for the *entire* rental period, where most rental car agencies charge you that for per *day*. So if you have such an Amex card and no Sapphire or other card that has primary CDW, paying for the Amex primary coverage (you sign up with Amex one time and it automatically kicks in when used) might be a good deal -- and certainly is compared to buying ripoff CDW from the agency.
Very insightful video. Although my experience is not so great with CSP Am I the only one who is seeing the opposite? The hotels I see on the Chase reward portal are priced way higher than what I see on Google and Hotel Websites. Just to get the points I am not willing to spend so much extra money mentioned on the Chase Travel portal. Getting a little annoyed with them, to be honest.
🏀 I am past my 48 month Sapphire sign-up bonus, so I'm planning on downloading my CSR to a CFF with the hopes of getting a new Sapphire soon. I will probably miss the 80k bonus, but that's ok because my wife just got it (yay player two.) Depending on which has the better sign-up bonus and if the CSR gets the refresh we are all hoping for will determine which way I go.
🏀CSP sometimes runs bonuses for transferring UR points, but how often do they run those? It's got to be a big boost when calculating the points valuation.
🏀 I think this card is worth it for the sheer value that comes from the welcome bonus. You can downgrade it if you don’t like it, but it gives you a lot of awesome travel value if you do want to keep it.
IMHO, once you get a CSP or CSR you don't downgrade unless you decide you really don't want it. It's dangerous to assume you can upgrade from a FF or FU back to a CSR or CSP whenever you need it. You never know when and if Chase is going to slam the door on new cards. Look what happened to the Ritz-Carlton card.
- as long your cards are in good standing, chase is pretty chill about which UR cards you product change. I started off with the OG Freedom, then pc'd to the Flex, then pc'd to the CSP. I may downgrade it to the CFU, then apply for a CSR to the get the SUB.
I was never impressed with the CSP. I just can't see myself putting spend on this card when I have other cards that earn more in every category except for streaming. I agree it's fine as a first travel card. But I can earn way more with the gold card that I can with this card.
EVERYTHING is more expensive through the chase travel portal which renders the travel 5X points WORTHLESS. Even the Chase reps admit this. So the card is NOT worth the fee if your paying more for travel
Sebby, do you think the sapphire reserve will be receiving an elevated offer anytime this year? Trying to decide if I want to wait it out or just get the preferred.
Ask some one with expenses to use your card pay for stuff and then they reimburse you with the cash and just use that money pay the bill you get the free points
Great video 🏀 My first credit card is the CSP, and now I am planning to apply for a new CC after holding the CSP for 2 years. What would you recommend as a 2nd credit card to apply for? And are there any big signup bonuses worthy to apply for or should I just wait? I am thinking of the Hyatt CC.
this is not a good earning card to be honest. It is mostly valuable if you transferring points to travel partners by combining the points from other Chase cards. They are basically charging $50/year for this service.
🏀🏀 Total newbie question here, as I’m thinking about getting a travel card. For travel booked through the portal, are you able to get frequent flyer miles as well as the ultimate reward points?
Happy for Big Honey to start his reign. Also happy for LBJ to get #5 and closer to the 6 ring mark. Wouldn't mind Jimmy Buckets getting a ring either. Boston doesn't need it yet; still young team so they have time. If I could only pick 2. Probably Nuggets or Lakers. Only 1, probably Lakers. Invested in LeBron matching the Jordan's 6 rings at this point 🙂 (something about Jokic being disrespected for MVP voting despite being a statistical monster)
I just approved for the chase sapphire preferred(today). The offer I received was the current 60k offer. If in a couple of weeks the intro offer is increased would they match that offer for me if I called ?
🏀 You are a CORNUCOPIA of information sir! There were benefits on my CSP, and AMX platinum I didn't realize I had until I watched your videos. I was going to get rid of my Citi Premier until you described how great it was for travel. Also learned a LOT about airline lounges. Was wondering if you still think the Citi AA executive MC is a good value for the annual fee? Keep speeding the knowledge Sebby! 👍🏽
Found that CSR really works, especially when things go wrong. Originally had CSP and got 10X on Lyft Pink, then they changed to 5X and I upgraded to get the 10X (my Lyfts are long haul). I had my wife get the CSP which we combine with my CSR. Over the two years it cost us$1500 and has returned 400m CUR.😎🏀
🏀 been trying to figure out what to do with the CSP. Was thinking about upgrading it to CSR, but sad I would miss a signup bonus. 4 year wait seems too long for that. How do I calculate that trade off?
🏀 I love CSP. I actually used it for CDW and it was great. I was wondering if you downgrade CSP to Freedom Flex - what happens to the points? Also if you downgrade the CSP (had it for over 2 years) to Freedom Flex, can you sign up for CSR + SUB? Or it does not work that way?
Hi Sebby, Love your content! Q: "AMEX holds a grudge" Do you know a way that I can remove myself from the AMEX black list? In 2007, during bad times, AMEX closed my account. Recently, I applied with AMEX and got denied . The reason was that Amex closed my account back on 2007. My credit is excellent now in the higher tear 800. Any ideas? Thank you!
If you're an Amex lifer, then sure it can seem middling by comparison to all the luxery benefits the Plat and Gold get you. But few folks realize that CSP, and especially the CSR have the best built-in travel insurance than any other card. Up to $20k per trip for you and family is insured booking through this card, which is really, really good peace of mind. Cap1 has only I think $1,500 worth of protection, so basically most economy fares are protected but nothing higher. I'm sure Amex has great travel protection on the Plat, but since I have no Amex, I would sweat not buying trip insurance and cancellation protection unless I'm using the CSP.
@@jpking0 - excellent points. I compared the CSP to my AmEx Gold & the travel benefits are better on the CSP which is why i keep mine. Im sure the platinum benefits, but i hear the CSR goes head to head with the plat on benefits.
Many of Chase products may not be worth having, it doesn't make you any special paying by sapphire card or your unbranded card at the cash register all the same, I just didn't find any privileges in having such card when paying with it, Chase have a very poor customer service and in my opinion they are oversold.
Been working on my credit these past years and finally hit 700s and just got approved for CSP with $16,700 and couldn’t be happier. Capital one has me in that low tier and won’t give me more than $2,200. Still can’t believe I got this much. Thanks for the info you provided!
The CSP will always be worth it for me. I pretty much just use it to transfer my points to Chase’s Travel Partners but the value you get is absolutely crazy! The $50 hotel credit also helps as well. I would just say this card isn’t worth it for the people who don’t really travel.. Great video Sebby! 🙌🏻
It's interesting to me how many people say this is a starter card or beginner card. That label implies to me that people are extracting more value from high annual fee cards. To me this only works if you are traveling a lot. I have this card and it matches my level of spend on travel. I only take maybe 1 - 3 leisure trips per year and have found it works well for me. My effective fee the last couple of years has been about $12 and $40 after using credits and offers. That doesn't count the times I have used the primary CDW on car rental. Count that in and I effectively don't have any fees on this card. I've done the math on getting something like a CSR or other higher AF cards, but I don't find they work as well for the low amount of travel that I do. I don't go to lounges as I typically book my flights in such a way to spend as little time in the airport as possible. Maybe those other cards are for those road warriors in the crowd.
Have the Maldives become Instagram famous? Why are they the de facto tropical destination now? Fiji looks nice, the Caribbean and both coasts in Central and South America have beautiful scenery.
I always find that hotels are more expensive through the Chase portal, but flights are usually a bit less than booking directly. I also love all the coverage and peace of mind the CSR provides (among other benefits). If they expand their lounge feature, I can see staying with them for many more years. The one feature where I don’t find any real value is their Luxury Hotel and Resort Collection. All in all, I still find CSR a great value.
🏀 Yet another great video, Sebby. I have learned so much from you. Thank you. I love the CSP. I have used the annual hotel credit. I have also transferred Chase UR points to Hyatt and received great value. I have used the Chase travel portal many times and have found it to be on par or cheaper than booking direct with the hotels and airlines I have used. I do not carry the card in my wallet, but the low annual fee and benefits definitely make it worth it for me. I am seriously considering upgrading the Sapphire Reserve as I plan to do more traveling in the near future; however, I do also have the AMEX Platinum card. Not sure I need two premium travel cards. Not traveling that much...yet.
💳 Sebby's Card Picks: www.asksebby.com/credit-cards
CSP Calculator: www.asksebby.com/credit-card-reviews/csp-calculator
IMO the CSP is the perfect entry travel credit card.
Low AF
No FTF
Good sub
Decent multipliers
Excellent travel protections
Primary auto CDW
Most importantly,
its a metal card 😎
🏀 Sebby, I hope you never give up making these videos. I count on your insight and knowledge on a constant basis when traveling. I love my CSP! The primary CDW makes it well worth it for me.
I just got mine. I like it so far. I spent over 70 nights in hotels last year and was declined for a Bonvoy boundless. ☹️ Hopefully this will be useful. 😊 🏀
Went in branch and got mine today for 90K sign up bonus. Few data points I figured I’d flag as I got instantly approved.
Credit Score: 715
Hard Inquires: 0
Payment History: 1 Late Payment in the last 6months
Annual Income: Less than 6 figures
Housing Payment: 0
Other lines of credit: 1 other credit card, & student loans
Total Credit Card Debt: 0
90k offer was only offered in branch so def recommend going in branch if you’re looking for that or if you have something on your credit report you need to explain (i.e. late payment, hard inquiries). I also didn’t break any Chase rules so def helped me but figured I’d start a thread of data points in case anyone else gets approved and other are looking to apply
Thanks for the data points!
Are there any 100k offers in branches? Or was it just 90k max?
@@Matador4_ it was just the 90K max but redeemed through the rewards portal is 112.5K, I believe every year at some point there’s a 100k but the bonus is typically 60k so often that I had to grab the 90K branch offer when I saw the opportunity
@@reezyking no I agree. But I had just heard that some branches were doing 100k so I figured I’d ask. I wasn’t sure if it was true or not. But the 100k was probably not true. At least not in this promotion.
Get an additional 10k on 80K if you spend 6k in the first six months ? Our player 1 got the in branch offer and referred player 2 for an additional 15K bonus. Player two gets 80k with no additional offers.
🏀 would love a video on upgrading from csp to csr or just downgrading and getting a new csr
🏀 One of the biggest benefits of running the Chase setup as a younger person is the ability to product change between the CSP/CSR and the Freedoms. We can try out the perks of each card without committing to paying an annual fee every year or canceling a card 🏀
🏀 I’ve had the CSP for a few years now. I got it during one of the 80k bonuses. For me it’s worth it, especially if you have other chase cards that rack up points and then use the CSP to get the 25% bonus. If I could tweak the card a bit, I would change the 3X on online grocery shopping to 3X for grocery shopping in general. This would make it a keeper card for me, instead I’ll just downgrade it in a few year and apply for the CSR 🤷🏾♂️
🏀 Great rundown! I love my CSP. I easily get a ton of value out of it for an effective $45 annual fee. While I dislike portals, I’ll use it one time for the hotel credit and I loveee their transfer partners (big United, Hyatt and Marriott user). I also use doordash regularly, use the 3x grocery in person Kroger hack and surprisingly my Apple iCloud storage is even considered 3x streaming by chase. The one thing that would be cool to see though is them move the online grocery category into a real grocery category and 1 or 2 one-time passes to the Chase Sapphire airport lounges. Thanks Sebby!
I am glad Sebby brought up the fact of being careful of cheaper rates on Google. As someone in the industry you see it a lot, where people book it but these sites tack on dumb fees and in the end it actually costs more than booking through other sites.
You're describing me at 12:50 I have a pretty solid cash-back setup and recently got the CSP because I do take an occasional trip. I think that even with one or two weekend adventures per year, this card will pay for itself and then some. I have the CFF earning 5x on the rotating categories and 3x at drug stores paired with the CSP for 3.1x dining (when I'm not getting more from a different card, like the Disco paying 5% dining this quarter) and as a points multiplier and for travel expenses. It is the jewel of my card collection even if it won't actually get that many swipes compared to other cards. 🏀
🏀 The Chase Sapphire Preferred is the easiest card to recommend as a beginner travel card. The ability to transfer out to travel partners with a low annual fee of $95 is pretty awesome in my opinion. While this card isn't one I really ever put spend on, I don't see myself ever downgrading this card unless I want to get the SUB again a few years from now. Great review Sebby!
I love the Chase Sapphire Preferred. I’ve only had it for a few months but the value I’ve already gotten from the card far exceeds the $95 annual fee. It’s a great card for anyone looking for their first lower cost travel card.
The CSP is definitely worth it for anyone, I would say. I recently got this card and I am currently in India. I will easily be able to meet the spend requirement as I have already booked my tickets on the CSP and I plan to have a few other expenses when I return to the US. I have been using the card for all of my expenses in India and have had very little issues with it. It was accepted everywhere with tap to pay, although for some reason it was not accepted when the chip was read (idk why). I also used the card on my Emirates flight and at the Dubai airport. I have paid for stuff in USD, AED and now in INR. I was not charged anything extra for using a foreign card. And with the 80k points bonus, I plan to use them for domestic flights within the US. For someone like me who does not travel on business or flight class, I am thus able to get great value from the CSP - I would happily pay the $95 annual fee to keep this card open. 🏀
Perfect timing. I just got the CSP with the 90k SUB. Thanks for the review!
Just. Went in to my branch and RE submitted for my CSP they gave me an extra 10k and 90ktotal. I last applied for this card in April 2019. Timing worked out perfect 😊
🏀 going to Europe with round-trip flight + hotels all paid for with UR points!
Got the CSP first years ago (through your video & consultation Sebby!), upgraded to CSR, downgraded to CFF, and now have another CSR to use redeem the points! Thanks for all that you do!!
Can you do the 2023 version of CSR next??
Just got approved for the CSP and not exited about it! But I’ll take those 80k UR points 😂
🏀I think the CSP is a great card, especially for people adverse to high AFs. Just wish it got at least 1 Chase Sapphire Lounge visit
My understanding is all PP members will get 1 free visit and then they have to pay unless they have PP through the CSR.
@@maxlrubenstein But there is no PP benefit to the CSP. Going back to the original comment, I think it might be interesting for Chase to do that "one visit a year" thing like with the Priority Pass -- give people a taste of something and they might want more. If they never get a chance to go, they won't know what they are missing and would be less likely to upgrade to CSR.
@@ziggy29 ahhh my bad. I get PP from a couple diff cards so I didn’t realize it didn’t come with the CSP. It seems like PP comes with most travel cards so ya that’s an omission if it doesn’t come with the CSP and they don’t give you one visit for having the CSP. Makes sense what you’re saying now and I totally agree.
Exactly!
@@maxlrubenstein You aren't going to get a card with substantial lounge access for much less than $400. To my knowledge, the lowest fee card that offers PP is the Venture X ($395 AF).
Best card I own. Great transfer partners and our goto card overeseas where AE is not accepted.
I like the card but wish there were better multipliers for dinning. I would also like multipliers for groceries, not just online groceries. 🏀
Right, the online groceries is a joke…. I downgraded to FU after the first year with my CSP, just didn't see any value because I don't fly.
@@MH_6160 I get that! I did a lot of travel in 2022 but none so far in 2023. Are you cashing in your points or keeping them since you don’t have the CSP?
🏀 I’ve been burned by a client booking through a third party as you mention, and then I show up off a flight at 11pm to not have a room… not fun.
I got CSP for the in branch 90k offer because even if I cash those UR out, it’ll still be worth it for me in year one. Have to evaluate again next year to see if it plays well with my amex plat etc.
I just got the CSP and less than a month later the SUB went from 60K to 80K 😢
So far I think it’s ok. They have some shopping offers similar to (but not overlapping with) Amex, which I like. I haven’t used the portal yet, I compared the rate to booking with Marriot directly and that came out cheaper 😅
🏀
Same thing with me on the SUB. I got it in January when it was 60. My timing is terrible. The CFF had 5% groceries for the first year. That offer went away for a few months and I got the CFF. Then the grocery deal came back.
Ugh, same. The CSP SUB jumped to 80k points maybe a few days after I opened my account at the 60k SUB. Terrible timing at its finest, lol.
🏀 Thx for this video. I was just approved for the CSP in branch today. I have a couple stateside trips this yr & out of country next yr; I'm excited for the SUB & really utilizing them to max potential. 14:31
Congrats!
🏀just got approved in branch today!! Can’t wait to get it in the mail.
I have the Amex trifecta and use Amex daily, I got the chase preferred for when I’m outside the US and still want to make points when going to restaurants,bars etc. I also transfer my points to fly blue which I do the same for Amex.
just picked up the CSP since this is the best deal I've seen since the 100k. Not sure about the card in general, but I guess the 80k pts will be a good start at least...probably won't replace the Gold card though. 🏀
I just wish chase have better credits. They give lots of credits but none of them are stuff I’d use outside of the hotel credit
🏀 I just applied for it today, managed to get the 90K point bonus, so I’m excited.
🏀 great video I watch all the way through
🏀 Learning & and trying to figure out my card setup for the near future
Please keep in mind that CRW through a credit card is a secondary insurance. Sometimes it makes sense to just pay a rental company for insurance. A rental company may sue you for lost revenue in case of an accident. I would rather pay 30 bucks per day than deal with another party in this case a credit card’s insurance company of choice. Well, Amex offers CRW as a secondary insurance. I’m a bit confused about Sapphire though.
The difference between the Primary CDW offered by Chase is the you are not required to use your own Auto Insurance first. With AMEX's secondary insurance is that they will only cover what your insurance won't
Sapphire offers *primary* CDW. With Amex (at least some cards), the default is secondary CDW but you can purchase primary CDW, usually for about $20-25 for the *entire* rental period, where most rental car agencies charge you that for per *day*. So if you have such an Amex card and no Sapphire or other card that has primary CDW, paying for the Amex primary coverage (you sign up with Amex one time and it automatically kicks in when used) might be a good deal -- and certainly is compared to buying ripoff CDW from the agency.
🏀 Thanks - always great information.
Very insightful video. Although my experience is not so great with CSP
Am I the only one who is seeing the opposite? The hotels I see on the Chase reward portal are priced way higher than what I see on Google and Hotel Websites. Just to get the points I am not willing to spend so much extra money mentioned on the Chase Travel portal. Getting a little annoyed with them, to be honest.
Hey Chase Intern: 1.5X base on the CSP/CSR. Do away with the anniversary bonus on the CSP.
🏀 I am past my 48 month Sapphire sign-up bonus, so I'm planning on downloading my CSR to a CFF with the hopes of getting a new Sapphire soon. I will probably miss the 80k bonus, but that's ok because my wife just got it (yay player two.) Depending on which has the better sign-up bonus and if the CSR gets the refresh we are all hoping for will determine which way I go.
🏀CSP sometimes runs bonuses for transferring UR points, but how often do they run those? It's got to be a big boost when calculating the points valuation.
Great video 🏀
🏀 I think this card is worth it for the sheer value that comes from the welcome bonus. You can downgrade it if you don’t like it, but it gives you a lot of awesome travel value if you do want to keep it.
IMHO, once you get a CSP or CSR you don't downgrade unless you decide you really don't want it. It's dangerous to assume you can upgrade from a FF or FU back to a CSR or CSP whenever you need it. You never know when and if Chase is going to slam the door on new cards. Look what happened to the Ritz-Carlton card.
- as long your cards are in good standing, chase is pretty chill about which UR cards you product change. I started off with the OG Freedom, then pc'd to the Flex, then pc'd to the CSP. I may downgrade it to the CFU, then apply for a CSR to the get the SUB.
Booking hotels, I find their portal prices a bit higher myself.
I was never impressed with the CSP. I just can't see myself putting spend on this card when I have other cards that earn more in every category except for streaming. I agree it's fine as a first travel card. But I can earn way more with the gold card that I can with this card.
EVERYTHING is more expensive through the chase travel portal which renders the travel 5X points WORTHLESS. Even the Chase reps admit this. So the card is NOT worth the fee if your paying more for travel
Useful information thank you! I do have one question, I use this card to book through a travel agent. will the travel insurance still be legit?
Thanks for the info! Is there a round about date for when chase will stop the 80/90k sub? I’ve heard end of June. But nothing for sure
Sebby, do you think the sapphire reserve will be receiving an elevated offer anytime this year? Trying to decide if I want to wait it out or just get the preferred.
What is the coverage for trip cancellation and interruption insurance medical insurance coverage? Thank you!
The problem I think for me is I wont meet the $4K spending in 3 months to get the SUB.
Same here lol waiting for Q4 holidays to get this card.
Ask some one with expenses to use your card pay for stuff and then they reimburse you with the cash and just use that money pay the bill you get the free points
Great video 🏀
My first credit card is the CSP, and now I am planning to apply for a new CC after holding the CSP for 2 years. What would you recommend as a 2nd credit card to apply for? And are there any big signup bonuses worthy to apply for or should I just wait? I am thinking of the Hyatt CC.
Why not chase freedom flex and unlimited ? Get the trifecta
🏀 Great Video
What other $95 annual fee card do you prefer then?
🏀hey Sebby~ have CSP, Freedom Flex, Capital 1 V. Which will be the next best card? Travel 2x year mostly int’l. Thx for the great content.
🏀 jokic robbed of his 3rd MVP!
Thanks for your continued work in this niche of CC hustling, you're my Jimmy Buckets.
"He doesn't deserve a 3rd one because of his lack of playoff success"
Jokic: OKAY
this is not a good earning card to be honest. It is mostly valuable if you transferring points to travel partners by combining the points from other Chase cards. They are basically charging $50/year for this service.
What spend do you put on this card if you also have an Amex Gold card?
🏀 thanks for the reminder on hotel credit. Gonna use it tonight to smash and save some $$$
🏀🏀 Total newbie question here, as I’m thinking about getting a travel card. For travel booked through the portal, are you able to get frequent flyer miles as well as the ultimate reward points?
🏀 great review and who are you going for in the playoffs?
Happy for Big Honey to start his reign. Also happy for LBJ to get #5 and closer to the 6 ring mark. Wouldn't mind Jimmy Buckets getting a ring either.
Boston doesn't need it yet; still young team so they have time.
If I could only pick 2. Probably Nuggets or Lakers.
Only 1, probably Lakers. Invested in LeBron matching the Jordan's 6 rings at this point 🙂
(something about Jokic being disrespected for MVP voting despite being a statistical monster)
Am i able to downgrade the CSP if i already have both of the free cards?
I just approved for the chase sapphire preferred(today). The offer I received was the current 60k offer. If in a couple of weeks the intro offer is increased would they match that offer for me if I called ?
🏀 You are a CORNUCOPIA of information sir! There were benefits on my CSP, and AMX platinum I didn't realize I had until I watched your videos. I was going to get rid of my Citi Premier until you described how great it was for travel. Also learned a LOT about airline lounges. Was wondering if you still think the Citi AA executive MC is a good value for the annual fee? Keep speeding the knowledge Sebby! 👍🏽
I just recently got the gold card. Should I apply for this card?
Found that CSR really works, especially when things go wrong. Originally had CSP and got 10X on Lyft Pink, then they changed to 5X and I upgraded to get the 10X (my Lyfts are long haul). I had my wife get the CSP which we combine with my CSR. Over the two years it cost us$1500 and has returned 400m CUR.😎🏀
🏀great video
Is the $50 credit available after first statement, or do you have to wait for your 1 yr anniversary, cause i don't see it in the travel portal
🏀Sebby can I book a flight to Hawaii from Indy on Delta going through virgin Atlantic
🏀 I’ve only had it for about a week now and I haven’t gotten charged the annual fee, is it waived the first year?
It will be on your first statement.
Mine posted within 2-3 statements
Thank you
🏀 been trying to figure out what to do with the CSP. Was thinking about upgrading it to CSR, but sad I would miss a signup bonus. 4 year wait seems too long for that. How do I calculate that trade off?
im on the fence too. i like the card, but im considering pc'ing it to a CFU, then apply for a CSR if they elevate the bonus.
Do you think it's worth downgrading from a Sapphire Reserve to the Preferred or to a freedom flex if I don't want to spend the fee again?
If you want no annual fee, probably the Freedom Flex to keep the points alive. Otherwise, CSP if you can use the benefits.
🏀 I love CSP. I actually used it for CDW and it was great. I was wondering if you downgrade CSP to Freedom Flex - what happens to the points? Also if you downgrade the CSP (had it for over 2 years) to Freedom Flex, can you sign up for CSR + SUB? Or it does not work that way?
I was able to book business class seats this year from SEA - SIN - CEB for a great value using CSP ❤
If you downgrade to the Flex, you keep the Chase UR points alive. You can only get one Sapphire bonus once every 4 years.
Congrats!
🏀, just got the csp yesterday. Does anyone know if at the end of the year Chase customer service would offer UR points for an upgrade to the CSR?
- ya normally chase never does retention offers like amex does
Does the authorized user get all the perks or the card also? Rental car insurance, etc
- yes
Hi Sebby, Love your content! Q: "AMEX holds a grudge" Do you know a way that I can remove myself from the AMEX black list? In 2007, during bad times, AMEX closed my account. Recently, I applied with AMEX and got denied . The reason was that Amex closed my account back on 2007. My credit is excellent now in the higher tear 800. Any ideas? Thank you!
I was able to get off their black list by repaying any & all balances owed including accrued interest.
🏀 what do you think of WoH card?
Good keeper card! Video on it in the near future.
🏀🏀🏀🏀 sebby we’re in houston I need you on my podcast I’ll pay for your car rental no problem
Just in time as my AF is about to post and I’m debating keeping
Did you downgrade?
Did Sebby really say you might not take into account Lyft and DoorDash because he uses Uber and Uber eats? Lol
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Only worth it to me if I'm SUB eligible.
Beyond that it is just a middling card in the grand scheme.
If you're an Amex lifer, then sure it can seem middling by comparison to all the luxery benefits the Plat and Gold get you. But few folks realize that CSP, and especially the CSR have the best built-in travel insurance than any other card. Up to $20k per trip for you and family is insured booking through this card, which is really, really good peace of mind. Cap1 has only I think $1,500 worth of protection, so basically most economy fares are protected but nothing higher.
I'm sure Amex has great travel protection on the Plat, but since I have no Amex, I would sweat not buying trip insurance and cancellation protection unless I'm using the CSP.
@@jpking0 - excellent points. I compared the CSP to my AmEx Gold & the travel benefits are better on the CSP which is why i keep mine. Im sure the platinum benefits, but i hear the CSR goes head to head with the plat on benefits.
Amex Platinum travel insurance is not better. CSP is better. That’s why I just got this card. I spend a lot on international travel per year.
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I’m out of the game-Jason Kazama
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no mames
🏀🏀🏀Helpful overview, thanks!
Many of Chase products may not be worth having, it doesn't make you any special paying by sapphire card or your unbranded card at the cash register all the same, I just didn't find any privileges in having such card when paying with it, Chase have a very poor customer service and in my opinion they are oversold.
Been working on my credit these past years and finally hit 700s and just got approved for CSP with $16,700 and couldn’t be happier. Capital one has me in that low tier and won’t give me more than $2,200. Still can’t believe I got this much. Thanks for the info you provided!
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The CSP will always be worth it for me. I pretty much just use it to transfer my points to Chase’s Travel Partners but the value you get is absolutely crazy! The $50 hotel credit also helps as well. I would just say this card isn’t worth it for the people who don’t really travel.. Great video Sebby! 🙌🏻
Chase points = Hyatt points.
It'll be a sad day if Hyatt gets severely devalued or if they cut their ties with Chase.
Hyatt is a game changer. Effectively paying 50$ for this card. I have a status with Hyatt so I will be with Chase+Bilt.
I used my CSP points to rent a car in Trinidad last October and used the CDW. Very useful card.😊
It's interesting to me how many people say this is a starter card or beginner card. That label implies to me that people are extracting more value from high annual fee cards. To me this only works if you are traveling a lot.
I have this card and it matches my level of spend on travel. I only take maybe 1 - 3 leisure trips per year and have found it works well for me. My effective fee the last couple of years has been about $12 and $40 after using credits and offers. That doesn't count the times I have used the primary CDW on car rental. Count that in and I effectively don't have any fees on this card. I've done the math on getting something like a CSR or other higher AF cards, but I don't find they work as well for the low amount of travel that I do. I don't go to lounges as I typically book my flights in such a way to spend as little time in the airport as possible. Maybe those other cards are for those road warriors in the crowd.
- this is a great point. that is exactly why i keep my CSP as my primary travel card.
This describes me as well
Have the Maldives become Instagram famous? Why are they the de facto tropical destination now? Fiji looks nice, the Caribbean and both coasts in Central and South America have beautiful scenery.
You’re the only UA-camr I’ve heard mention Instacart which I believe is an underrated benefit.
I always find that hotels are more expensive through the Chase portal, but flights are usually a bit less than booking directly. I also love all the coverage and peace of mind the CSR provides (among other benefits). If they expand their lounge feature, I can see staying with them for many more years. The one feature where I don’t find any real value is their Luxury Hotel and Resort Collection. All in all, I still find CSR a great value.
🏀 Yet another great video, Sebby. I have learned so much from you. Thank you. I love the CSP. I have used the annual hotel credit. I have also transferred Chase UR points to Hyatt and received great value. I have used the Chase travel portal many times and have found it to be on par or cheaper than booking direct with the hotels and airlines I have used. I do not carry the card in my wallet, but the low annual fee and benefits definitely make it worth it for me. I am seriously considering upgrading the Sapphire Reserve as I plan to do more traveling in the near future; however, I do also have the AMEX Platinum card. Not sure I need two premium travel cards. Not traveling that much...yet.
🏀 Thank you for the good content
Have to say, the travel insurance sucks! Finger-pointing between airline and insurance company.