Author Topic: Chase freedom or Saphire? (Read 4863 times)

Smartypantz · « **on:** February 07, 2012, 10:06:45 AM »

Hi! I only have one credit card and was wondering what the forum thinks about the Chase Freedom vs. the Saphire card? I have a Chase checking account, and don't make all my purchases via credit card. I will probably average $200/month. Any recommendations would be appreciated!

sky121 · « **Reply #1 on:** February 07, 2012, 10:07:53 AM »

Quote from: Smartypantz on February 07, 2012, 10:06:45 AM

Hi! I only have one credit card and was wondering what the forum thinks about the Chase Freedom vs. the Saphire card? I have a Chase checking account, and don't make all my purchases via credit card. I will probably average $200/month. Any recommendations would be appreciated!

Why not apply for both?

The Sapphire PREFERRED will transfer to airline and hotel programs and has a bigger sign up bonus.

Smartypantz · « **Reply #2 on:** February 07, 2012, 10:11:34 AM »

Sounds good! Thanks! One problem - I only have one credit card (which I am always on time with payments) so I do not have much credit, and do not want to ruin my credit score. Will applying for both do me any harm?

sky121 · « **Reply #3 on:** February 07, 2012, 10:12:32 AM »

Quote from: Smartypantz on February 07, 2012, 10:11:34 AM

Sounds good! Thanks! One problem - I only have one credit card (which I am always on time with payments) so I do not have much credit, and do not want to ruin my credit score. Will applying for both do me any harm?

How long have you had a credit card for? Do you know your credit score?
Is your bank account with Chase by any chance?

Smartypantz · « **Reply #4 on:** February 07, 2012, 10:15:38 AM »

I had the credit card for just under a year, and never checked my credit score yet. I am young and new to these things(as you can tell

)! I do have a Chase checking account.

AsherO · « **Reply #5 on:** February 07, 2012, 10:20:37 AM »

If you have good income you should be able to convince Chase to extend you more credit. What is your current CL?

HelpMe · « **Reply #6 on:** February 07, 2012, 10:26:21 AM »

What is the current best offer for the Freedom card? 200, 300, 500?

Smartypantz · « **Reply #7 on:** February 07, 2012, 10:28:06 AM »

Quote from: AsherO on February 07, 2012, 10:20:37 AM

If you have good income you should be able to convince Chase to extend you more credit. What is your current CL?

Good idea! Also I am new here - what do you mean by CL?

bubbles · « **Reply #8 on:** February 07, 2012, 10:30:27 AM »

Quote from: HelpMe on February 07, 2012, 10:26:21 AM

What is the current best offer for the Freedom card? 200, 300, 500?

300 AFAIK

HelpMe · « **Reply #9 on:** February 07, 2012, 10:30:49 AM »

CL = credit line

AsherO · « **Reply #10 on:** February 07, 2012, 10:31:01 AM »

Quote from: Smartypantz on February 07, 2012, 10:28:06 AM

Good idea! Also I am new here - what do you mean by CL?

Credit Line.

See acronyms here and here.

Quote from: HelpMe on February 07, 2012, 10:26:21 AM

What is the current best offer for the Freedom card? 200, 300, 500?

I think you PM'd me recently insinuating you had the answer to that question, so why are you asking here?

Smartypantz · « **Reply #11 on:** February 07, 2012, 10:40:47 AM »

Quote from: AsherO on February 07, 2012, 10:20:37 AM

If you have good income you should be able to convince Chase to extend you more credit. What is your current CL?

$2500.00

AsherO · « **Reply #12 on:** February 07, 2012, 10:56:16 AM »

Quote from: Smartypantz on February 07, 2012, 10:40:47 AM

$2500.00

Tricky, especially since the SP requires a $5k CL.

How much income were you planning on putting on your app?

HelpMe · « **Reply #13 on:** February 07, 2012, 11:01:15 AM »

Quote from: bubbles on February 07, 2012, 10:30:27 AM

300 AFAIK

Thanks, I was hoping for a 500 offer.

AsherO · « **Reply #14 on:** February 07, 2012, 11:02:43 AM »

Quote from: HelpMe on February 07, 2012, 11:01:15 AM

Thanks, I was hoping for a 500 offer.

Hoping? Based on what?

bubbles · « **Reply #15 on:** February 07, 2012, 11:09:07 AM »

Quote from: HelpMe on February 07, 2012, 11:01:15 AM

Thanks, I was hoping for a 500 offer.

If you're okay with selling you can prob get around 500 for the 30,000 points

HelpMe · « **Reply #16 on:** February 07, 2012, 11:12:34 AM »

Quote from: bubbles on February 07, 2012, 11:09:07 AM

If you're okay with selling you can prob get around 500 for the 30,000 points

I am not big on selling. I was just wondering if anyone was aware of a 500 offer. You know me; I must have my offers mixed up.

bubbles · « **Reply #17 on:** February 07, 2012, 11:17:22 AM »

Quote from: HelpMe on February 07, 2012, 11:12:34 AM

You know me; I must have my offers mixed up.

I see. anyway Im sure you'll let us know if you hear of anything better

AsherO · « **Reply #18 on:** February 07, 2012, 11:26:45 AM »

Quote from: AsherO on February 07, 2012, 11:02:43 AM

Hoping? Based on what?

Are you ignoring my questions, or is this your answer:

Quote from: HelpMe on February 07, 2012, 11:12:34 AM

You know me; I must have my offers mixed up.

??

Smartypantz · « **Reply #19 on:** February 07, 2012, 12:09:42 PM »

Quote from: AsherO on February 07, 2012, 10:56:16 AM

Tricky, especially since the SP requires a $5k CL.

How much income were you planning on putting on your app?

About $25,000 - will that get me anywhere or will I just ruin my credit? I am trying to build credit and also get as much rewads as possible at the same time.....but like they say - there's no free lunch!! Any advice appreciated!!