Hi,
I know this has been posted elswhere and for the life of me I searched and cannot find the thread. My question is using the the Freedom or Sapphire Preferred for Gas and Amazon during 1Q. Is it not better to use the preferred with 2x points then the Freedom with 5% back?
Thanks
S
If you have both and can freely transfer points from Freedom to Sapphire, then unless you need to hit a SP minimum spend, or unless I am mistaken, I don't see why you would use the Sapphire on gas in Q1.
Also curious about the original question, when does the 7% come through, and I was actually under the assumption (very different from what I am reading here) that it was tied to your anniversary year. This was intuitive to me because I likened it to Citi's "anniversary" bonus of 1-5% you get on points earned with the ThankYou Premier on your anniversary date, or cards that give you a free domestic flight per year it is usually based on anniversary year not calendar year (at least in my experience, again, with the Citi TYP card). So if someone has answer I would also love to know!
2 Added questions about the Sapphire preferred which I recently opened:
- If I convert from Preferred to regular after 11 months to avoid the fee, will I still get 7% based on whatever I earned
during those 11 months?
- If I convert from Preferred to regular, do I lose the ability to transfer existing UR points from SP to airlines? I don't want to lose this ability, any other ideas?