This article covers Chase Sapphire Preferred Card Travel Insurance Chase Ink Travel Insurance.
Credit cards are omnipresent in modern day society. People use them to pay for everything from cars to groceries to sticks of gum. The US is a credit card loving country and you’ve probably seen all the ads for bonuses if you sign up with this or that credit card be advertised by come celebrity. There’s so many to choose from that it’s hard to know which one is actually good for travel and which one is total BS. Travel credit cards offer a great opportunity to earn free points that can be redeemed for airfares, hotels or cold hard cash. In the race to get customers, credit card issuing companies partner with various travel brands (or just simply offer their own card) that entice consumers with sign up bonuses, loyalty points, special discounts, and more. Their desire to get you, the consumer, is really your gain. By milking the system, you can get tons of free air tickets, hotel rooms, vacations, and even cash back.
I’ve accumulated close to one million points through sign-up bonuses alone. I use so many points each year; it would take an entire book to just list them off to you. I am cash poor, miles rich man!
All those points and miles have allowed me to travel the world on the cheap. And they can do that for you too, which is why signing up for a travel credit card is so important. It’s your gateway to free travel.
With so many options to choose from, it’s hard to know which card is the best out there. And the truth is that there is no perfect travel card – they all offer different benefits that fit different people. I use an AMEX card for booking flights (3x per dollar spent), Chase Sapphire for my everyday spending (and sometimes a Starwood card), and a different card for my business! But I have friends who only want cash back and others who only want United miles. There’s no perfect card but there are cards that are better than others.
A huge sign-up bonus — A big sign-up bonus (after you meet the minimum spending requirement) is what jump-starts your mileage account and gets you close to a free flight (sometimes these bonuses even get you a few free flights!). Don’t sign up for a card unless it offers a high sign-up bonus.
Bonuses work like this: in order to get the large bonuses, you must make either a single purchase or meet a minimum spending threshold in a certain time frame. After that, depending on the card, you can earn 1-5x points per dollar spent.
For example, the Alaska Airlines card comes with a 25,000 mile bonus. To get that, you just need be approved for the card (and pay the $75 USD annual fee).
You can get 50,000 points with the Citi Prestige card when you spend $3,000 USD in the first three months.
On the other hand, the Starwood Preferred Guest American Express gives you 25,000 points after you spend $3,000 USD in the first 3 months.
Typical card bonuses range between 25,000 to 50,000 points, though sometimes they can be as high as 100,000. That’s why cards are so great—you get an instant balance of thousands of points for very little work.
Added category spending bonus — Most credit cards offer one point for every dollar spent. However, the good credit cards will give you extra points when you shop at specific retailers, or, if it is a branded credit card, with a particular brand. This will help you earn points much more quickly. I don’t want one dollar to equal just one point. I want the ability to get two or three points every time I spend a dollar. For example, with the Chase Sapphire Preferred card you get 2x points for travel and dining at restaurants, the Chase Ink gives you 5x points for office spending, and the American Express Premier Rewards Gold card 3x points on airfare. I try to get and use cards in my day-to-day spending that give me more than just one mile per dollar spent.
Low spending minimum — Unfortunately, in order to get the great bonuses these cards offer, there is usually a required spending minimum. While there are ways to fake your spending, it’s best to be able to get the bonus using normal day-to-day spending. I typically sign up for cards with a minimum spending requirement of $1,000–3,000 USD in a three- to six-month period. My favorite spending minimums are the offers that require you to make one purchase in order to unlock the bonus!
While you shouldn’t necessarily avoid high-minimum spending cards as they have substantial rewards, it’s a good idea to start small because you don’t want to get stuck with so many cards that you can’t meet the minimum spends. Once you get the card, you can’t reapply for the card, so don’t go overboard and miss out on the sign-up bonus.
That’s why having a goal and starting small is important with credit cards. You don’t want to dive into the deep end before you’re ready because one mistake in this game can leave you stuck with spending requirements you can’t meet (and bonus points you can’t earn)!
It’s easy to go crazy and sign up for 10 cards in a short amount of time. But then to get the bonus points, you might find yourself stuck with having to spend $10,000-30,000 USD in a very short period of time. That’s a lot of pressure.
Managing your ability to meet the minimum spending requirements is key because if you are spending more money than you usually do just to get these points, the points are no longer free. Only spend what you normally would and not a penny more.
Have special perks – All of these travel credit cards offer great perks. Many will give you special elite loyalty status or other extra perks. I want cards without foreign transaction fees, free checked baggage, priority boarding, free nights, and much more. It’s not just about just getting miles; it’s about what else comes with the card that makes my life easier!
Annual fees – No one likes paying annual fees for credit cards. Many of the fees for company branded credit cards range from $50-$95 per year. I pay an annual fee. For those who travel a lot and fly a lot, I think it is worth it to get a card with a fee. Fee-based cards tend to give you a better rewards scheme, where you can accumulate points faster, get better access to services and special offers, and get better travel protection. With these cards, I have saved more money on travel than I have spent on fees.
The majority of credit cards charge a 3% fee when you use them overseas. Credit cards are great to use because you get a good exchange rate from them but if you are paying a fee every time you use the card, then it doesn’t become as good. The simplest card for avoiding foreign fees is the Capital One Venture Card. There is no yearly fee but there’s also no rewards structure. This card is for people who want simplicity and don’t care about points (though that’s just crazy talk). However, if you decide you want points and see the value in the yearly fee (which is usually pretty low. See above), the best cards for avoiding overseas fees are the Chase Sapphire Preferred, Starwood American Express, any airline branded card, Barclay’s Arrival Plus, or Chase Ink. They are way better than the Capital One card but everyone’s spending needs are different, right?!
Cheapest Car Insurance in Georgia Say you’ve just bought (or leased) a new or used car or truck. Maybe it’s your first vehicle and you’re new to auto insurance, or maybe not. Maybe you just want to look into changing your insurance for better coverage, or better service, or to save money. The first thing you need to know is the coverage your state requires. Forty-seven U.S. states require at least some kind of auto insurance, usually liability. Here are the types of coverage to consider;
As its name implies, liability insurance pays for accidental damage to other peoples’ vehicles and property as well as injuries to others. The latter typically includes medical expenses, pain and suffering and lost wages. It can also cover legal defense and court costs, if necessary. State laws define the minimum required, but depending on how much you have to lose if sued for a mishap that’s judged to be your fault, it’s smart to purchase more than the minimum.
This coverage pays for damage to, or replacement of, your own vehicle. Just keep in mind that the insurance company will pay its Kelley Blue Book used vehicle replacement value, not what you paid for it or what you may believe it’s worth. For an old, near-worthless beater, you can probably do without.
Usually supplemental, comprehensive insurance also covers your vehicle, but not for accident damage. It pays to repair damage due to fire, theft, vandalism, flood, wind, hail, etc. Like collision, it reimburses for a total loss up to the vehicle’s Kelley Blue Book value.
This additional coverage covers for loss or damage caused by an at-fault driver who is uninsured or insufficiently insured. According to Insurance Information Institute, 12.6-percent of motorists in 2012 were uninsured. That’s down three points from 20 years earlier. Oklahoma had the highest percentage of uninsured motorists at 25.9 percent. Massachusetts, on the other hand, had only 3.9 percent of its drivers with no insurance in 2012.
While it’s true that “churning and burning” i.e. opening an closing a lot of credit cards at once can hurt your credit, applying for a few credit cards over a period of time won’t kill your credit score. Your credit score will slightly dip every time there is an inquiry into whether that is a credit card or home loan or car loan. It’s how the system is set up. But so long as you space out your applications and maintain good credit, you won’t find any long term damages to your credit. Your credit rating rises over time as long as you maintain it, you aren’t going to have a bank officer tell you years from now “sorry, because you cancelled three credit cards in 2012, your loan is denied.” I once cancelled 4 credit cards in one day and the impact on my score? Nothing.
Many travel rewards cards are only available to those with a high credit score, and if you have a low score (650 or less), you may find yourself being declined often and limited in your options.
There’s no magic bullet to suddenly fixing your credit score. If you have a low credit score, you need build it up. There are ways to do that and point-earning cards that can get you there.
First, here are five ways to improve your credit:
Credit scores improve over time but they don’t take forever….and you don’t need to be debt free to make it happen. A few smart months of money management and you’ll see your score rise.
For those with low or no credit, Capital One, Barclays, and Discover all offer cards for people with little or bad credit. Moreover, ask your local credit union (or call one of the banks above) if they have any prepaid cards you can get, call up the major banks or walk into a branch and ask the teller. All financial institutions have products for people with poor credit. Get them and constantly work at it. If you’re passive, it won’t improve, but if you push the banks and prove you’re not a risk, you’ll soon be getting the good cards that can get you the good bonuses!
You may not get the best deals or cards right away, but you will eventually. It just takes time.
With so many credit cards to choose from, which ones do you pick? Well, the short answer is: all of them. Grab as many as you can. Why put a limit on how many points you can get?
But that being said, when you are just beginning to learn this stuff, you should start off with the following question:
What is Your Goal?
Are you interested in loyalty to a brand, free rewards, or avoiding fees? Do you want to milk the rewards and bonus system to get free flights or do you just want a card that won’t charge you a fee for using it at that restaurant in Brazil? Is elite status the most important perk for you?
For example, if you’re a loyal flier with American Airlines, the best cards to start off with would be the Citi American AAdvantage card (50,000 point sign-up bonus) and the Starwood American Express card (25,000 sign-up bonus plus 20% transfer bonus that you can use with your AA account).
If you just want points to spend wherever you choose, get the Chase or American Express cards because you can use their points with a variety of travel companies (I will discuss this more when I talk about point systems and redemption in later chapters). They each have their own rewards programs (Chase Ultimate Rewards and American Express Membership Rewards), and points can be transferred to multiple airline or hotel partners and used to book travel directly through their sites.
Just want free hotel rooms? Sign up for hotel cards.
By first focusing on what you want, you can maximize your short-term goals and get the hang of travel hacking. For example, I tend to avoid hotel cards since I rarely stay in hotels. I dislike Hilton and Marriott and would rather focus on getting points related to Starwood (I prefer their hotels) or miles for flying. So unless there is an excellent sign-up bonus for a certain card, I concentrate my efforts on what matters most to me: using cards that get me airline miles or that have good transfer bonuses to airline programs.
There is always a card that will help you get there but without starting with a goal, you’ll be too spread out. When you start using travel rewards credit cards, focus on the couple that help you reach your goal and then expand from there. This keeps way you’ll never run out of cards and always flush in frequent flier points and traveling for free. When you start out, you don’t want to spread yourself thin, especially if you’re a low spender. Stick with a couple of cards that help you reach your travel goals.
While searching the internet for Chase Sapphire Preferred Card Travel Insurance Chase Ink Travel Insurance be sure to add to your search string the name of your state and city so that you get local save on local search results. For your convenient here is a list of US states and largest cities: in Alabama AL, in Alaska AK, in Arizona AZ, in Arkansas AR, in California CA, in Colorado CO, Connecticut CT, Delaware DE, District of Columbia DC, in Florida FL, Georgia GA, Hawaii HI, Idaho ID, Illinois IL, Indiana IN, Iowa IA, Kansas KS, Kentucky KY, Louisiana LA, Maine ME, Maryland MD, Massachusetts MA, in Michigan MI, Minnesota MN, Mississippi MS, Missouri MO, Montana MT, Nebraska NE, Nevada NV, New Hampshire NH, in New Jersey NJ, New Mexico NM, in New York NY, North Carolina NC, North Dakota ND, Ohio OH, Oklahoma OK, Oregon OR, Pennsylvania PA, Puerto Rico PR, Rhode Island RI, South Carolina SC, South Dakota SD, Tennessee TN, Texas TX, Utah UT, Vermont VT, Virginia VI, Washington WA, West Virginia WV, Wisconsin WI, Wyoming WY. in New York, in Los Angeles, in Chicago, in Houston, in Philadelphia, in Phoenix, in San Antonio, San Diego, in Dallas, in San Jose, Detroit, Indianapolis, Jacksonville, in San Francisco, in Columbus, Ohio, Austin, Memphis, Baltimore, Fort Worth, Charlotte, El Paso, Milwaukee, Seattle, Boston, Denver, Louisville- Jefferson County, Washington, Nashville-Davidson, in Las Vegas, Portland, Oklahoma City, Tucson, Albuquerque, Long Beach, Atlanta, Fresno, Sacramento, New Orleans, Cleveland, Kansas City, UK, Virginia Beach, Omaha, Oakland, Miami, Canadian, Canada, Northern Ireland, Australia, Tulsa, Honolulu, Minneapolis, Colorado Springs, Arlington. AL. AK, AS, AZ, AR, CA, CO, CT, DE, DC, FM, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MH, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, MP, OH, OK, OR, PW, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY.
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