Note: 03:31 Beginning July 1st, 2024, the Chase Sapphire Reserve will no longer have access to restaurants, cafes, and markets participating in Priority Pass Select. Also at 08:25, PP restaurant benefit ending on July 1st, 2024. This video was recorded before the announced Priority Pass changes on the CSR.
@@TheCreditFrog at this point, priority pass might as well just sell itself entirely. It's safe to say that, a number of travel credit cards are just wasting perks and benefits to all its customers and cardholders. If I was one of the CSR applicants, I would regret my decision to apply in the first place
Smart move!! Larger bonus, lower annual fee, and you get to stay under 5/24. Now you have access to Chase's transfer partners. I'll see you at a Hyatt 😉
Thanks JP! Staying under 5/24 is key! Yeah, I recently stayed at a Hyatt, and it was pretty nice! Definitely going to be good once I have access to those Chase travel partners! May have to continue to diversify my hotel options!
I appreciate that Keith! Yes, things are looking up for this month! Hopefully, I'll stay under 5/24 for as long as I possibly can (will be hard though hah!)
Definitely makes sense with your choice being a Biz Card in order to extend the period of being under 5/24. I've been thinking about going Ink Preferred over Sapphire Preferred for awhile, and I think that discussion will continue to accelerate as I travel more and the 3x general travel category continues to add value. In the CSR argument, I'm right with you in that Travel Partners is the most important benefit to me, and so going for the CSR doesn't make a ton of sense/is necessary. Great video as always Stan!
Thanks so much Matt! I think when it comes to Chase transfer partners, I'm on Team Ink Preferred for sure. The bigger question I have to ask myself now is if I want to get the IHG Premier Business first since I recorded this video before that new elevated offer came out. Not sure which one will be next, but I'm definitely sure I'll be getting the CIP before the CSR!
Thanks so much Juan! Yes, the Ink Preferred is the way to go in my situation. I think once you get under 5/24, you can reassess to see if the CSR is still worth it to you. And Thanks so much for becoming a channel member!! Appreciate it 👍!
Thanks Schubby! Yeah, it's always important to think it through and see which card is the best for your own situation. I like the CSR, maybe one day I'll get it if it gets refreshed and has an amazing welcome offer!
I think you made the right choice, it just makes too much sense in general, but specifically all the reasons you laid out. Especially since you want that separation from Business and personal, the welcome offer + no 5/24 hit on the Ink Preferred doesn’t hurt either haha. I liked hearing your thought process, let’s go Stan, Ink Train hahaha!
No 5/24 Team! Yes, Team Ink all the way! I'm happy to see that you're well on your way with your Chase Ink plan for this year getting that recent approval. Congrats again Tony 🎉!
Good video stan. Agree with your thoughts. The ink cards are super strong. The ink cash might even be the strongest earner in the game if youre the type to put in the work. The spend thresholds are also more achievable for a wider range of people than their amex counterparts.
Thanks Sean! Yes, I love the Ink cards, and can't recommend them enough to people that ask me what are the best business credit cards. It's been super nice that the Chase Ink Preferred dropped their MSR to $8k from $15k - I agree, definitely much more affordable!
Good call Ninja! Yes, 5/24 was limiting me, but this month is finally the month! Awesome seeing you on the live with Tony this weekend. I also stayed at the Oceana, and it was super nice. Will definitely be back since I have another 15k Hilton FNC to use from the Hilton business from this year. (RIP that benefit 😕)
@@TheCreditFrog thank you Stan! Maybe if I’m lucky I can make it on to other channels to discuss personal finance and cards again :). Oceana sets the bar for our favorite FNCs from Hilton. Both in CPP from the spend and EPP!
Nice! Yeah, I think because of the RC card, the CSR isn't as much of a benefit, but the CSR does have it's place. I agree - it needs to be refreshed, but I'm glad you're able to get great value out of it!
I loved listening to your thought process choosing between the two cards. I think the Ink Preferred is def the way to go as well. I'd like to get both of these cards eventually-- getting the sapphire preferred in December this year and my second ink in September!
Thanks man! Yes, I definitely don't want to diminish the CSP because that card is certainly a great choice as well! I think it just depends on where you're at with Chase cards. CIC and CIU are super awesome, but to really unlock them, a Sapphire or Ink Preferred is needed! Hopefully when you decide to get one, there will be another 80k or 100k offer!
Totally agree with you, the ink preferred was the right move for you. I also prefer the ritz + preferred combo, just makes more sense! I’d love to change my CSP to the CIP but I’m waiting for a time when I’m confident I can hit the 8k spend. Also I saw your question about the IHG biz vs Ink preferred. I think it comes down to if you have any immediate need for Chase transfer partners. If so, grab the preferred. If not, I’d jump on the elevated IHG biz offer and then get the preferred after. I imagine it’s hella tempting to use those Chase points, but if you don’t truly need them rn, might as well get some extra IHG points first!
Thanks Cody! Yeah, I made this video a month ago, and at that time, I hadn't even considered the IHG program. But then I made the video about it, and realized how cool of a program it was, and now the IHG Business card has that elevated welcome offer. Certainly torn between the CIP and IHG Business. I'll probably make a video about my choice soon, but yeah, that IHG Business welcome offer is VERY tempting. Also, it was nice seeing you talk about IHG and your reasons why you think it's a great program on your recent video!
@@TheCreditFrog yeah that IHG offer is very tempting lol I might apply for it right before the offer expires. I’m in a pickle between that or the new 175k offer on the Amex platinum. And thank you for the kind words Stan! Means a lot coming from the frog legend 🐸🫡
Great video and perfect decision. I was just approved for the Ink Preferred a few weeks back. I’m a commercial photographer and have a larger production coming up that I’m already in pre-production for - so all of my expenses for crew travel/hotels and rentals will go on that to hit the 8K spend for the 100K bonus. NOTE I applied in branch because I am over 5/24 until July. So I wanted to up my odds of getting approved with my business banker seeing as they could call in if needed. We ended up having to, but that was only because they needed to double check, a date on my business license but thankfully I was approved fairly quickly.
Oh, hey congrats, Jeff, on the CIP 🎉! Sounds like you have a lot of spend coming up so that's great you're able to capture that with a welcome offer card - how exciting to have a big project coming up! That's awesome you were able to get it while over 5/24! I'm always super-hesitant to risk it because I would hate to have a hard pull on my account with nothing to show for it, but the persistence/gamble paid off for you! Maybe I need to be a better risk taker, haha! I'll keep that in mind next time I'm in a pickle and may want to have a CIP if I got some larger expenses coming up!
@@TheCreditFrog Oh yeah man, the hard pull sucked for sure. I’ve been trying to keep those to a minimum- since were considering, purchasing a second vehicle. But I felt that this was worth the risk because of the 100K bonus on the reduced 8K spend. I’ve had the Ink Unlimited for over two years now and have been wanting this card forever, but the 15K previous requirement was a bit too much for my risk threshold. Also - thanks for all the in-depth credit card videos. Your way of doing videos is very well informed. I actually just re-launched my personal UA-cam channel and filmed my first credit card video and short and I’m going to be stepping more into this space myself. So thank you for all the work you’ve put into your channel. It’s appreciated man.
@@JeffNewton Of course! We all have something to add to credit cards, and I certainly think that as a small business owner, your take is going to be very valuable! Will keep an eye out for your upcoming videos! I appreciate your support and don't hesitate to reach out if you have a credit card or a UA-cam question!
After 8 years in the points and miles game, I've never had a Chase UR card. I was in the early game when the CSR launched, and jumped straight to Amex shortly after. Now that Chase is my main bank, and I have the IHG card, I do see the Ink Preferred making sense at some point.
Wow, that's crazy that you've never had a Chase UR card! I think the Ink series is a must have when it comes to those elevated welcome offers. I was very similar to you in that when I first started out I didn't have any Chase UR cards either, but the Ink series has been a great addition to my credit card strategy. Highly recommend!
Nice Jacob! Yeah, you definitely love those Ink cards, and when your wife wants to get one, you guys can get some referral bonuses out of it as well!! I'm looking forward to that strategy with our setup too!
Sounds like the right decision to me to keep that 5/24 slot open just in case that rumored luxury Hyatt card makes a debut. I’m also keeping an eye out for that card.
I need to keep a 5/24 slot open just like Amex I need a slot open (5 cards max). Man, I would have so many credit cards without these checks and balances! Hopefully we'll see that rumored Hyatt card this year!
I’m waiting for the higher welcome bonus for both Chase Sapphire Preferred & Citi Premier hopefully to 80K by spending $4K of each! If true, will be much better than the $8K for 100K via CIP and I could change my CIC to CIP if necessary😊!
That would be awesome if we get those elevated welcome offers! It's true, because those MSRs are lower, but for me it's about getting a nice welcome offer while at the same time getting access to Chase's transfer partners. We'll have to see if those offers come out later this year!!
@@TheCreditFrog I need EVA miles that can only be (1:1) via Citi TYP so have to be patient (praying for the 80K Citi premier deal! Somehow I feel it is more likely Chase would back to the 80K offer for CSP that was in the 2Q-2023!
PP restaurants is a key advantage of the CSR so CIBP for me for me, even CIBP is better than the CSP... using the portal and not getting 26x or 34x at hotels is a no brainer also, 3x flights at CIBP is better than the 2x flights at CSP
CIP is defeinitely the way to go! I think there was some argument for the CSR since it also came with the most popular Priority Pass, but now that this benefit is going away, the pendulum has swung much more over to the Ink Preferred's favor.
Yes, it's a video on my list! Briefly for you: it's a good card at launch, but not sure how long it will last. Like all Fintech cards, sometimes it's there to attract users before it gets nerfed hard.
Yes agree with all of your points! Another idea for you to ponder: With the 3% IRA rollover match you can get above the annual IRA contribution limit which would be a plus of using the ecosystem for 5 years. And I wonder if they allow redeeming points from the credit card to get above the Roth IRA limits (similar to the Schwab Amex Plat Roth IRA trick). Thanks!
CIP is pretty good at travel earning, but you still need to put your rental car expenses on ur Ritz Carlton card, it’s even slightly better than USBAR and BOA Premium Rewards Elite. CIP’s primary CDW is more or less like CSP which is pretty vague about what is NOT covered, it’s a Visa Signature card after all. Unless you use MS Platinum then this is irrelevant. If Chase ever releases a Reserve version of the Ink card I will ditch CSR immediately.
Yeah, that would be super cool to have an ultra premium version of the CIP (Ink Premier doesn't count since those points don't usually combine). Personally, I plan on using my USBAR for primary auto rental CDW since it's got this nice double-dip feature where you get 3X on the charge, but since they usually charge an incidental hold, this triggers the 1.5X RTR too so you can potentially get a bigger redemption on the card provided that you have enough base points to start. Learned that trick from Mr. Dugroz!
@@TheCreditFrog be careful about using USBAR, the primary CDW coverage duration is different from the Ritz Carlton card. USBAR’s primary CDW is Visa Infinite default benefit, which only covers up 15 consecutive days per rental within the US and 31 consecutive days outside US. The Ritz and CSR meanwhile is 31 conservative days per rental regardless what country u r in or go to. (excluding those countries that require mandatory purchase on primary CDW)
@@zsm5833 Ooh, thanks for the heads up! I typically rent cars for less than 1 week so I think I'm still good, but I'll definitely keep that in mind if I ever need to rent a car for a longer period! Definitely saved me a potential headache - really appreciate it!
I went ahead and got the csp when it had the 80k offer then got the cibp for the sub. Gonna downgrade the csp and keep the cibp for the partner transfers.
I appreciate it! Are you referring to transfer points guide to Chase's transfer partners? Because if so, I need to get the CIP and figure it out for myself first 🤣.
Hey Stan, random question for ya. I just got he Citi Checking account ($300 sub) and I have the Citi Custom Cash already as well. I was wondering since I have the Citi Checking account, will that make me more likely to get the Citi Premier next year? Assuming I keep the checking account open. I wonder if it helps a lot to have several existing Citi products first before applying for the Premier. I like the idea of the Premier because later it can be downgraded to a card I can use like the double cash or citi rewards card. Not so much interested in downgrading a chase sapphire preferred to freedom OG or freedom unlimited -- already have a freedom flex.
Your guess is as good as mine! But I will say that having a Citi checking account would be more helpful than not when it comes to additional card approvals. I think the most important factor is going to be the number of new accounts and hard pulls prior to your application. In general, the lower the better! I would strive to have 0-2 new accounts/hard pulls in the last 6 months before the Citi application to maximize chances, but again this is a YMMV situation based on available data points.
So for personal AUs, yes it counts towards 5/24, but you can potentially overturn these with recon. Employer cards do not count from 5/24 as long as the business card does not report to your personal credit report
Hey Stan , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos which visually appeal to audience and would increase average view duration and will also make a highly engaging Thumbnail which will overall help your videos to reach to a wider audience ? Pls let me know what do you think ?
can you get the chase ink preferred and then the chase sapphire reserve or preferred? or will they only allow people to get one of these cards when it comes to bonuses?
@@TheCreditFrog thanks! there are rumors of a new SUB coming out June 23rd for the ink preferred for 120k pts for the same spend. i hope it’s true so i can take advantage! i am just finishing up the SUB for the preferred so just in time for another SUB to work on, especially an all time high one for the ink preferred 🙂↕️
@@TheCreditFrog I believe I will open a CD account with US Bank on Wednesday and then apply for the U.S. Altitude Reserve in September after that I will wait until August 2025 and apply for the Chase Ink Preferred, Unlimited, Cash and the Sapphire Reserve or Preferred, Freedom Unlimited, Freedom Flex and then the Hyatt Business and Hyatt Personal and then wait until under 5/24 and get another Chase Ink Preferred under a different EIN. I believe I should space the business cards every 3 to 4 months? Plenty of time to plan when you are over Chase 5/24 for 2 years. It really controls the velocity of applications.
I got the CIP while still over 5/24 for another 4 months. I wanted to keep a slot open to stay flexible until I'm at 3/24. Thanks for helping me make the decision.
Note: 03:31 Beginning July 1st, 2024, the Chase Sapphire Reserve will no longer have access to restaurants, cafes, and markets participating in Priority Pass Select.
Also at 08:25, PP restaurant benefit ending on July 1st, 2024.
This video was recorded before the announced Priority Pass changes on the CSR.
Can you still access the priority pass lounges after 7/1/24? Thanks
@@thanutz Yes! Just not the PP restaurants, cafes, or markets.
@@TheCreditFrog at this point, priority pass might as well just sell itself entirely. It's safe to say that, a number of travel credit cards are just wasting perks and benefits to all its customers and cardholders. If I was one of the CSR applicants, I would regret my decision to apply in the first place
Smart move!! Larger bonus, lower annual fee, and you get to stay under 5/24. Now you have access to Chase's transfer partners. I'll see you at a Hyatt 😉
Thanks JP! Staying under 5/24 is key! Yeah, I recently stayed at a Hyatt, and it was pretty nice! Definitely going to be good once I have access to those Chase travel partners! May have to continue to diversify my hotel options!
Married and under 5/24 all in 30 days. Things must be good. Congratulations, Stan.
I appreciate that Keith! Yes, things are looking up for this month! Hopefully, I'll stay under 5/24 for as long as I possibly can (will be hard though hah!)
Definitely makes sense with your choice being a Biz Card in order to extend the period of being under 5/24. I've been thinking about going Ink Preferred over Sapphire Preferred for awhile, and I think that discussion will continue to accelerate as I travel more and the 3x general travel category continues to add value. In the CSR argument, I'm right with you in that Travel Partners is the most important benefit to me, and so going for the CSR doesn't make a ton of sense/is necessary. Great video as always Stan!
Thanks so much Matt! I think when it comes to Chase transfer partners, I'm on Team Ink Preferred for sure. The bigger question I have to ask myself now is if I want to get the IHG Premier Business first since I recorded this video before that new elevated offer came out. Not sure which one will be next, but I'm definitely sure I'll be getting the CIP before the CSR!
Glad to see you back with another banger 😂
Thanks so much, my friend! Deciding on the next Chase card is always an important question!
Nice video Stan. Good choice on the INK Preferred. I have the CSR but would consider the INK Preferred except I am at 8/24
Thanks so much Juan! Yes, the Ink Preferred is the way to go in my situation. I think once you get under 5/24, you can reassess to see if the CSR is still worth it to you. And Thanks so much for becoming a channel member!! Appreciate it 👍!
🥇Ink Preferred🥇 Thanks for the info + video!
Of course Jimmy James!
I plan on staying 4/24 or better forever. Too many good Chase deals. And you have all those different EIN/SSN businesses for multiple inks :)
I agree Jen! And the Ink series really provides a good reason on why being under Chase 5/24 is so important!
Great video as always Stan! As always, you go with the card that best fits you and your needs.
Thanks Schubby! Yeah, it's always important to think it through and see which card is the best for your own situation. I like the CSR, maybe one day I'll get it if it gets refreshed and has an amazing welcome offer!
I think you made the right choice, it just makes too much sense in general, but specifically all the reasons you laid out.
Especially since you want that separation from Business and personal, the welcome offer + no 5/24 hit on the Ink Preferred doesn’t hurt either haha.
I liked hearing your thought process, let’s go Stan, Ink Train hahaha!
No 5/24 Team! Yes, Team Ink all the way! I'm happy to see that you're well on your way with your Chase Ink plan for this year getting that recent approval. Congrats again Tony 🎉!
Good video stan. Agree with your thoughts. The ink cards are super strong. The ink cash might even be the strongest earner in the game if youre the type to put in the work.
The spend thresholds are also more achievable for a wider range of people than their amex counterparts.
Thanks Sean! Yes, I love the Ink cards, and can't recommend them enough to people that ask me what are the best business credit cards. It's been super nice that the Chase Ink Preferred dropped their MSR to $8k from $15k - I agree, definitely much more affordable!
Exact same move I’ll be applying for when I’m back under 5/24
Good call Ninja! Yes, 5/24 was limiting me, but this month is finally the month! Awesome seeing you on the live with Tony this weekend. I also stayed at the Oceana, and it was super nice. Will definitely be back since I have another 15k Hilton FNC to use from the Hilton business from this year. (RIP that benefit 😕)
@@TheCreditFrog thank you Stan! Maybe if I’m lucky I can make it on to other channels to discuss personal finance and cards again :). Oceana sets the bar for our favorite FNCs from Hilton. Both in CPP from the spend and EPP!
My eyes lit up when you said a new luxury Hyatt CC. Going with CIP makes sense with your situation.
It would be so cool if that gets released at some point this year. I’ll have a slot open for it if so!
You’re killin’ it Stan 🐸
Thank you, UA!! 🐸
Nice move Stan. I think the chase Ink trifecta is a powerful one for sure and I think you’ll get plenty of use out of that CIP.
Thanks Uncle Luke! Yeah, I gotta get me access to those Chase transfer partners! Ink over Sapphire though .. at least for me!
CSR is my absolute favorite card even though it desperately needs an update. But given your strategy and setup I would have made the same choice!
Nice! Yeah, I think because of the RC card, the CSR isn't as much of a benefit, but the CSR does have it's place. I agree - it needs to be refreshed, but I'm glad you're able to get great value out of it!
Definitely wise move Stan!
Im currently 9/24 so it will be minute before i can apply for another chase card.
Thanks Doc! Ugh 9/24!! Time to tend that garden!!
@@TheCreditFrog - most definitely. Only business apps from here on out!
I loved listening to your thought process choosing between the two cards. I think the Ink Preferred is def the way to go as well. I'd like to get both of these cards eventually-- getting the sapphire preferred in December this year and my second ink in September!
Thanks man! Yes, I definitely don't want to diminish the CSP because that card is certainly a great choice as well! I think it just depends on where you're at with Chase cards. CIC and CIU are super awesome, but to really unlock them, a Sapphire or Ink Preferred is needed! Hopefully when you decide to get one, there will be another 80k or 100k offer!
@@TheCreditFrog Amen to that lol
Totally agree with you, the ink preferred was the right move for you. I also prefer the ritz + preferred combo, just makes more sense! I’d love to change my CSP to the CIP but I’m waiting for a time when I’m confident I can hit the 8k spend.
Also I saw your question about the IHG biz vs Ink preferred. I think it comes down to if you have any immediate need for Chase transfer partners. If so, grab the preferred. If not, I’d jump on the elevated IHG biz offer and then get the preferred after. I imagine it’s hella tempting to use those Chase points, but if you don’t truly need them rn, might as well get some extra IHG points first!
Thanks Cody! Yeah, I made this video a month ago, and at that time, I hadn't even considered the IHG program. But then I made the video about it, and realized how cool of a program it was, and now the IHG Business card has that elevated welcome offer. Certainly torn between the CIP and IHG Business. I'll probably make a video about my choice soon, but yeah, that IHG Business welcome offer is VERY tempting.
Also, it was nice seeing you talk about IHG and your reasons why you think it's a great program on your recent video!
@@TheCreditFrog yeah that IHG offer is very tempting lol I might apply for it right before the offer expires. I’m in a pickle between that or the new 175k offer on the Amex platinum. And thank you for the kind words Stan! Means a lot coming from the frog legend 🐸🫡
Great video and perfect decision. I was just approved for the Ink Preferred a few weeks back. I’m a commercial photographer and have a larger production coming up that I’m already in pre-production for - so all of my expenses for crew travel/hotels and rentals will go on that to hit the 8K spend for the 100K bonus.
NOTE I applied in branch because I am over 5/24 until July. So I wanted to up my odds of getting approved with my business banker seeing as they could call in if needed. We ended up having to, but that was only because they needed to double check, a date on my business license but thankfully I was approved fairly quickly.
Oh, hey congrats, Jeff, on the CIP 🎉! Sounds like you have a lot of spend coming up so that's great you're able to capture that with a welcome offer card - how exciting to have a big project coming up! That's awesome you were able to get it while over 5/24!
I'm always super-hesitant to risk it because I would hate to have a hard pull on my account with nothing to show for it, but the persistence/gamble paid off for you! Maybe I need to be a better risk taker, haha! I'll keep that in mind next time I'm in a pickle and may want to have a CIP if I got some larger expenses coming up!
@@TheCreditFrog Oh yeah man, the hard pull sucked for sure. I’ve been trying to keep those to a minimum- since were considering, purchasing a second vehicle. But I felt that this was worth the risk because of the 100K bonus on the reduced 8K spend. I’ve had the Ink Unlimited for over two years now and have been wanting this card forever, but the 15K previous requirement was a bit too much for my risk threshold.
Also - thanks for all the in-depth credit card videos. Your way of doing videos is very well informed. I actually just re-launched my personal UA-cam channel and filmed my first credit card video and short and I’m going to be stepping more into this space myself.
So thank you for all the work you’ve put into your channel. It’s appreciated man.
@@JeffNewton Of course! We all have something to add to credit cards, and I certainly think that as a small business owner, your take is going to be very valuable! Will keep an eye out for your upcoming videos! I appreciate your support and don't hesitate to reach out if you have a credit card or a UA-cam question!
@@TheCreditFrog thanks man. Appreciate that for sure.
Recently subscribed to your channel. Love your insight and collabs!
I appreciate that JC - thanks so much 👍! Glad you're getting value!
After 8 years in the points and miles game, I've never had a Chase UR card. I was in the early game when the CSR launched, and jumped straight to Amex shortly after. Now that Chase is my main bank, and I have the IHG card, I do see the Ink Preferred making sense at some point.
Wow, that's crazy that you've never had a Chase UR card! I think the Ink series is a must have when it comes to those elevated welcome offers. I was very similar to you in that when I first started out I didn't have any Chase UR cards either, but the Ink series has been a great addition to my credit card strategy. Highly recommend!
I love my Ink Preferred and absolutely makes sense to get that one next. I want my wife to get one as well since we both own our business
Nice Jacob! Yeah, you definitely love those Ink cards, and when your wife wants to get one, you guys can get some referral bonuses out of it as well!! I'm looking forward to that strategy with our setup too!
Were you just trolling me at the very end with the video that you linked to? Well done, Stan!
I was absolutely trolling you 🤣. I'm so happy you watched to the end to see it!!
Sounds like the right decision to me to keep that 5/24 slot open just in case that rumored luxury Hyatt card makes a debut. I’m also keeping an eye out for that card.
I need to keep a 5/24 slot open just like Amex I need a slot open (5 cards max). Man, I would have so many credit cards without these checks and balances! Hopefully we'll see that rumored Hyatt card this year!
I’m waiting for the higher welcome bonus for both Chase Sapphire Preferred & Citi Premier hopefully to 80K by spending $4K of each!
If true, will be much better than the $8K for 100K via CIP and I could change my CIC to CIP if necessary😊!
That would be awesome if we get those elevated welcome offers! It's true, because those MSRs are lower, but for me it's about getting a nice welcome offer while at the same time getting access to Chase's transfer partners. We'll have to see if those offers come out later this year!!
@@TheCreditFrog
I need EVA miles that can only be (1:1) via Citi TYP so have to be patient (praying for the 80K Citi premier deal!
Somehow I feel it is more likely Chase would back to the 80K offer for CSP that was in the 2Q-2023!
PP restaurants is a key advantage of the CSR so CIBP for me
for me, even CIBP is better than the CSP... using the portal and not getting 26x or 34x at hotels is a no brainer
also, 3x flights at CIBP is better than the 2x flights at CSP
CIP is defeinitely the way to go! I think there was some argument for the CSR since it also came with the most popular Priority Pass, but now that this benefit is going away, the pendulum has swung much more over to the Ink Preferred's favor.
Any plans to make a RH Gold Card vid? Thanks for the unique ideas and great vids!
Yes, it's a video on my list! Briefly for you: it's a good card at launch, but not sure how long it will last. Like all Fintech cards, sometimes it's there to attract users before it gets nerfed hard.
Yes agree with all of your points! Another idea for you to ponder: With the 3% IRA rollover match you can get above the annual IRA contribution limit which would be a plus of using the ecosystem for 5 years. And I wonder if they allow redeeming points from the credit card to get above the Roth IRA limits (similar to the Schwab Amex Plat Roth IRA trick). Thanks!
CIP is pretty good at travel earning, but you still need to put your rental car expenses on ur Ritz Carlton card, it’s even slightly better than USBAR and BOA Premium Rewards Elite. CIP’s primary CDW is more or less like CSP which is pretty vague about what is NOT covered, it’s a Visa Signature card after all. Unless you use MS Platinum then this is irrelevant.
If Chase ever releases a Reserve version of the Ink card I will ditch CSR immediately.
Yeah, that would be super cool to have an ultra premium version of the CIP (Ink Premier doesn't count since those points don't usually combine). Personally, I plan on using my USBAR for primary auto rental CDW since it's got this nice double-dip feature where you get 3X on the charge, but since they usually charge an incidental hold, this triggers the 1.5X RTR too so you can potentially get a bigger redemption on the card provided that you have enough base points to start. Learned that trick from Mr. Dugroz!
@@TheCreditFrog be careful about using USBAR, the primary CDW coverage duration is different from the Ritz Carlton card. USBAR’s primary CDW is Visa Infinite default benefit, which only covers up 15 consecutive days per rental within the US and 31 consecutive days outside US. The Ritz and CSR meanwhile is 31 conservative days per rental regardless what country u r in or go to. (excluding those countries that require mandatory purchase on primary CDW)
@@zsm5833 Ooh, thanks for the heads up! I typically rent cars for less than 1 week so I think I'm still good, but I'll definitely keep that in mind if I ever need to rent a car for a longer period! Definitely saved me a potential headache - really appreciate it!
I went ahead and got the csp when it had the 80k offer then got the cibp for the sub. Gonna downgrade the csp and keep the cibp for the partner transfers.
Nice! Maximizing welcome offers is the best way to get points, and I think keeping the CIP over the CSP was the right move!
Would you ever consider a “Chase Transfer Points Guide for Idiots”? So much of your content is clear and concise.
I appreciate it! Are you referring to transfer points guide to Chase's transfer partners? Because if so, I need to get the CIP and figure it out for myself first 🤣.
Ink Preferred is solid choice, Amex Platinum triumphs the CSR! ✊💳
Definitely Shawn! Love my Amex Platinum! (and hopefully my new CIP) haha!
@@TheCreditFrogEnjoy the CIP you got this! I added a 6th Business card this afternoon GM Business card! ✊💳
@@shawn.credit Thanks! Oh wow, there's no stopping you Shawn! 👍🎉
You’ll be under 5/24 until a new card comes out. Let’s hope for new citi or Hyatt card!!
Yup! That's the plan Ian! Hopefully the open slot will be put to good use!
Hey Stan, random question for ya. I just got he Citi Checking account ($300 sub) and I have the Citi Custom Cash already as well. I was wondering since I have the Citi Checking account, will that make me more likely to get the Citi Premier next year? Assuming I keep the checking account open. I wonder if it helps a lot to have several existing Citi products first before applying for the Premier. I like the idea of the Premier because later it can be downgraded to a card I can use like the double cash or citi rewards card. Not so much interested in downgrading a chase sapphire preferred to freedom OG or freedom unlimited -- already have a freedom flex.
Your guess is as good as mine! But I will say that having a Citi checking account would be more helpful than not when it comes to additional card approvals. I think the most important factor is going to be the number of new accounts and hard pulls prior to your application. In general, the lower the better! I would strive to have 0-2 new accounts/hard pulls in the last 6 months before the Citi application to maximize chances, but again this is a YMMV situation based on available data points.
for AUs on a personal CC, it counts towards 5/24 right? how about for employee cards on biz CCs? does it count towards 5/24? thanks
So for personal AUs, yes it counts towards 5/24, but you can potentially overturn these with recon. Employer cards do not count from 5/24 as long as the business card does not report to your personal credit report
Hey Stan , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos which visually appeal to audience and would increase average view duration and will also make a highly engaging Thumbnail which will overall help your videos to reach to a wider audience ? Pls let me know what do you think ?
Hi Vairag. At this time, I'm not looking for a video editor. Thanks for offering though!
There are no more restaurants with CSR or Ritz.
Yes, this benefit ends on July 1st, 2024
@@TheCreditFrog Just Citi and USB remain for now.
@@yurig2530 Don't forget Bank of America PR Elite and C1VX Business!
Why not get the Chase Ink Preferred and then look around for the Chase Sapphire Preferred 80,000 UR offer?
Trying not go get back to 5/24 .. again .. unless there's a really good reason. 80k URs for a CSP is not a good reason for me atm.
Stan the man! I’m first 🕺 🎉 🎊
Ok CJ, here's your trophy. Ahmad if you see this, you can dispute! 🏆
can you get the chase ink preferred and then the chase sapphire reserve or preferred? or will they only allow people to get one of these cards when it comes to bonuses?
Yes you can have both a Sapphire card and an Ink card. These are separate products so the welcome offer rules do not apply to each other!
@@TheCreditFrog thanks! there are rumors of a new SUB coming out June 23rd for the ink preferred for 120k pts for the same spend. i hope it’s true so i can take advantage! i am just finishing up the SUB for the preferred so just in time for another SUB to work on, especially an all time high one for the ink preferred 🙂↕️
Does business credit card have a hard inquiry when you already have a Chase card in your setup?
Yes, sadly, all Chase card applications result in a hard pull regardless of how many Chase cards you have.
I have been over for 2 years
Dang that's a long time!
@@TheCreditFrog I am at 10/24.
@@frankcutronijr Lol/24!
@@TheCreditFrog I believe I will open a CD account with US Bank on Wednesday and then apply for the U.S. Altitude Reserve in September after that I will wait until August 2025 and apply for the Chase Ink Preferred, Unlimited, Cash and the Sapphire Reserve or Preferred, Freedom Unlimited, Freedom Flex and then the Hyatt Business and Hyatt Personal and then wait until under 5/24 and get another Chase Ink Preferred under a different EIN. I believe I should space the business cards every 3 to 4 months? Plenty of time to plan when you are over Chase 5/24 for 2 years. It really controls the velocity of applications.
I am 12/24 😂😂 chase see you in 2026
Dang. Time to tend that garden!
👍
💯
Second?
Yup!! Congrats Dalton! You are 2nd! 🥈
Furst
Congrats Ahmad! You are First! 🥇
@@TheCreditFrogno no, he’s “furst” as he said…
@@ItsMeCJ Haha, I guess that's true.. I don't know what furst means!!
Great strategy Stan! The Ink Preferred is a very good card! Thanks for the info brother!🫵
Thanks César! Looking forward to applying for the CIP real soon! Appreciate the support bro!
I wonder if Chase would ever make a business version of the Sapphire Reserve (Ink Reserve?).
That would be awesome! They kind of have that with the Ink Premier, but that card doesn’t count because of the UR transfer issue.
Where can you find where your 5/24 Status
Look at your credit report and all the new accounts over the last 24 months count towards 5/24
@@TheCreditFrog Thanks, Stan.
Very helpful as I'm preparing to make the exact same decision in a few months. Thank you.
Of course! Glad you enjoyed the video!
I got the CIP while still over 5/24 for another 4 months. I wanted to keep a slot open to stay flexible until I'm at 3/24. Thanks for helping me make the decision.
Yo!
My boy Dugroz "Solar Eclipse" Reports in the house!