Freedom Tips, CSP In The Sock Drawer, Venmo & More

  • Freedom 2nd Quarter 5x for those that don’t eat out much by Tagging Miles. Nice tip, didn’t realize that retailer sold Visa gift cards. Dealing with $200 gift cards is kind of a pain for some, but I really don’t mind them that much and at 5x it’s worth it.
  • It’s Time to Put the Chase Sapphire Preferred in the Sock Drawer by Devil’s Advocate/Travel Codex. Completely agree, the CSP is one of the most over rated credit cards for keeping long term. Sign up bonus is great (when it’s at 50k + 5k), but paying the AF doesn’t really make any sense. I just cycle between the CSP/Chase Ink Plus to avoid ever paying an annual fee and also having the ability to transfer my Chase URs.
  • I’m All About That Venmo, That Venmo by Miles Remaining. Basic premise is that you pay for a group purchase (e.g dinner/drinks) using your rewards credit card and then the group Venmo’s you their share. I’ve tried doing similar things before, I usually find that I end up paying more than I normally would so stopped doing it. This would probably work better for people that have friends that are more money conscious/aren’t dirt bags and pay you the exact amount.
  • If US Bank is trimming the fat, is Flexperks Travel Rewards next? by Freequent Flyer. I don’t think we have too  much to worry about the FlexPerks card, although I don’t rate it nearly as highly as FF, so maybe I am underestimating the risk of a devaluation. U.S Bank loves to nerf cards like crazy and I agree with Freequent Flyer’s analysis that whoever comes up with their credit card offerings really has no idea what they are doing.
  • Location and Opening of Centurion Studio in Seattle Revealed by View From The Wing. I have a feeling that these studio’s are going to be disappointing, but looks like we won’t have to wait too long to find out.
  • To-do this week: empty your Southwest points account by miles4more. I don’t agree with his predictions on what will happen, but I do agree that you should book any fights you want to take with Southwest right now. Things definitely won’t be getting any cheaper.
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