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Using a two-card strategy and a new special offer one of these cards you can earn a minimum of 3 points per dollar – transferable to airlines and hotels – on all of your spend for a year.
Via Reddit Chase is offering triple points for a year on the Chase Freedom Unlimited card albeit no initial bonus. (This is not my link for the card, I do not receive any referral credit, information about it is neither provided nor reviewed by its issuer.)
Freedom Unlimited is a rebate card normally, and 3% is good for that for a year and then it will revert to 1.5%. Normally and after a year Citi Double Cash is better.
The incredible value here is that if you have one of the annual fee Chase Ultimate Rewards cards you can transfer points from Freedom Unlimited over to one of your other cards and then those points become transferable to airlines and hotels.
You absolutely want one Chase card whose points transfer to miles:
- Ink Business Preferred℠ Credit Card has an 80,000 point signup bonus after $5000 spend within 3 months. It earns 3 points per dollar on travel — that’s airlines, hotels, rental cars, tolls, even Uber — and 3 points per dollar on shipping and advertising on social media and search engines, so great for anyone who advertises on Facebook or Twitter, or who spends money advertising with Google.
- Chase Sapphire Preferred Card lets you earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. With a $0 annual fee the first year, then $95, I suggest that as the number on card to get started with in miles and points. The card earns two points on travel and dining at restaurants and 1 point per dollar spent on all other purchases worldwide.
Cathay Pacific First Class
Points from these 3 cards transfer to:
- Airlines: United, British Airways, Singapore Airlines, Air France KLM, Southwest Airlines, Virgin Atlantic, Iberia, Aer Lingus
- Hotels: Hyatt, IHG, Marriott, Ritz-Carlton
Singapore Airlines Suites
They make the no annual fee Chase cards even more valuable. For a year you can earn 3 airline miles or hotel points per dollar spent as your minimum floor using this strategy.
Of course Freedom Unlimited, Sapphire Preferred and Reserve, and Ink Business Preferred are subject to ‘5/24’ limits — so most people will only be approved provided they haven’t signed up for 5 or more new cards in the past 24 months.