Wednesday, May 8, 2013

App-o-Rama: Chase Sapphire & AmEx Blue Cash

My First App-o-Rama! I've been waiting the last 1.5 months to finally do this. My brother-in-law - my personal mile-traveler expert - has been prepping for his exam so we've agreed to pushed this off until now. Although the sweet American Express Business Gold offer of 75K for $5K spend was enticing, I decided to stick to the original plan - there's only so much I can spend in four months!

This is what I ended up with:

  • American Express Blue Cash Preferred
  • Chase Sapphire Preferred

American Express Blue Cash Preferred
Annual Fee: $75
Sign-Up Bonus: $250 Reward Dollars after spending $1,000 in first 3 months

I mainly got this for its amazing 6x rewards on grocery. Entering the reload arena, this will be my go-to card to purchase gift cards at my local Safeway. There is a $6,000 max to the bonus on an annual basis. Nonetheless, that's more than plenty rewards dollars I'll get from my purchases to cover the annual $75 fee.



Chase Sapphire Preferred
Annual Fee: $95, waived first year
Sign-Up Bonus: 40,000 Ultimate Rewards Points 

As a newcomer, this is a great starter card to acquire points for travel. Paired with my Chase Freedom with rotating 5x bonus categories, I can combine the points and redeem them with the travel partners. Here, Nerdwallet talks about the perks of this card [LINK]

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