Questions and Help for BEGINNERS!

[Marco Polo]

What's the best value for spending/redeeming Chase UR points?

Lots of potential options. Flights, hotels, destinations, class of travel...

[Welder]

Lots of potential options. Flights, hotels, destinations, class of travel...

But redeeming for cash back is definitely not worth it?

[TimT]

But redeeming for cash back is definitely not worth it?

No. For 70k points you'll get $700.

[Welder]

Thanks.

[ckmk47]

What's the best value for spending/redeeming Chase UR points?

I use the selling price as my use benchmark.  Since UR points have gone for 1.4-1.7, I try not to use them unless I get such value.

[duddys]

hi, will i get a 1099 using "square"?

[D93]

hi, will i get a 1099 using "square"?

only if u swipe $20,000 AND 200 transactions combined https://squareup.com/help/en-us/article/5048-square-tax-reporting-and-form-1099-k

[duddys]

only if u swipe $20,000 AND 200 transactions combined https://squareup.com/help/en-us/article/5048-square-tax-reporting-and-form-1099-k

Thanx

[D93]

How to make a thread reappear in my "show new replies" if opted to "ignore topic" in the past?

[lubaby]

How to make a thread reappear in my "show new replies" if opted to "ignore topic" in the past?

http://forums.dansdeals.com/index.php?action=profile;area=ignoretopics

[D93]

http://forums.dansdeals.com/index.php?action=profile;area=ignoretopics

thanks a mil. I was searching forever and couldn't find it!

[justaregularguy]

NOTE: theres a reason this is posted in the beginners thread!(have mercy!) 1)whats the point in accumulating tons of points/miles if your just going to cancel the card? aren't the point/miles getting cancelld if you don't have the credit card?
2) a guy could have a million points but they'r all from different programs(UR, AMEX membership, citi etc.) are they all , or any of them , combineable to be worth something, or do you have to use them in each program separately?

[TimT]

NOTE: theres a reason this is posted in the beginners thread!(have mercy!) 1)whats the point in accumulating tons of points/miles if your just going to cancel the card? aren't the point/miles getting cancelld if you don't have the credit card?
2) a guy could have a million points but they'r all from different programs(UR, AMEX membership, citi etc.) are they all , or any of them , combineable to be worth something, or do you have to use them in each program separately?

Miles don't expire right when you close the card. Points you transfer out before you close the card.

[justaregularguy]

Miles don't expire right when you close the card. Points you transfer out before you close the card.

you can transfer points between different cards? 100 amex points=100 UR points?

[TimT]

you can transfer points between different cards? 100 amex points=100 UR points?

No, you transfer the points to different programs.

[Dr Moose]

No, you transfer the points to different programs. airline miles

FTFY

[TimT]

FTFY

Correct, not to food stamps or sec. 8.

[ckmk47]

1)whats the point in accumulating tons of points/miles if your just going to cancel the card? aren't the point/miles getting cancelld if you don't have the credit card?
2) a guy could have a million points but they'r all from different programs(UR, AMEX membership, citi etc.) are they all , or any of them , combineable to be worth something, or do you have to use them in each program separately?

1) As per http://www.dansdeals.com/archives/53213

Q: Won’t I lose my points if I close a card?
A: Airline or hotel credit cards accumulate points in your airline or hotel loyalty account.
Those points remain there even if the card is no longer active, and are subject to the normal expiration dates that you can find in this post.
You will not instantly lose any earned Hyatt/Starwood/American/BA/Delta/Southwest/United/etc. points just for closing their credit card. Some representatives use scare tactics and say your points or tickets will be lost if you cancel the card but it’s just misinformation.  The only thing you will lose are points earned from spending since your last statement closed, so you may want to wait for your next statement to close before closing a card.
Proprietary credit card point programs (American Express Membership Rewards, Barclays Rewards, Citi ThankYou Points, Chase Ultimate Rewards) do not expire as long as you keep at least one card open that is enrolled in their respective program.


2) Points in Proprietary programs under the right circumstances can be transfered to airline Frequent flyer programs for you to use to book tickets.  There are several FF programs that participate with more than one proprietary programs.  (for example both UR and MR can transfer to BA)

[justaregularguy]

Proprietary credit card point programs (American Express Membership Rewards, Barclays Rewards, Citi ThankYou Points, Chase Ultimate Rewards) do not expire as long as you keep at least one card open that is enrolled in their respective program.

ok so that means if I want to cancel a sapphire card I don't have to move point to another chase card before cancelling bc its all under UR rite?

[Marco Polo]

ok so that means if I want to cancel a sapphire card I don't have to move point to another chase card before cancelling bc its all under UR rite?

You would want to transfer it to the card you are keeping open, before canceling.