Post # 16
Typically the interest rate on these cards is higher than average to balance out the promos, points and offers they have. They can work at really well financially and rack up a lot of points. But you have to have the cash to pay them off every month before the interest kicks in or you will end up not getting far enough financially to balance out the costs you’ll be paying in interest.
Post # 17
We have Chase Sapphire Reserve and AmEx Platinum. we used the CSR mostly for the wedding, and this is what we got:
two free flights from LAX to Bali (last november)
lounge access at the airports
Free stays at 3 different lodgings in different parts of the island. NO JOKE: these were private villas, with their own freaking pool and garden. upgraded breakfast included.
we basically paid for food, and our scuba diving trip. we spent about $3500 for an easy $15K honeymoon.
3 days back at work and hubs needs to go to Hawaii for work, so I jumped in. paid for flight and paid 2 nights at a hilton with points, got the third night free, free breakfast, upgraded room.
getting kitchen appliances and opened up the Am Ex:
booked San Diego to Miami (2 nights)/ Barbados for 8 days. Flights on points.
4 free nights, using points + cash for the rest
IT’S SCARY AT FIRST! but worth it.
Post # 18
FrenchToastnCoffee : It does seem scary! But clearly it’s quite doable. I’m totally hoping to take full advantage like you have!
Post # 19
MrsSapphire : Always good to have banker advice! Thank you! We do have the money on hand and I’ve never kept a balance on a credit card, so it should be easy advice to follow 🙂
Post # 20
- Wedding: August 2018 - Banquet Hall/Conference Center
trishthedish23 : if you already bank through Chase then it’s a no brained, definitely do it! I recommend starting a wedding account / Card as early as possible and only putting wedding related stuff on it, even small things like ring bearer pillows and Bridesmaid or Best Man gifts. That way you can easily track exactly how much your wedding ended up costing.