Quote:
Originally Posted by csu87
With the Chase Rewards Program you get 20% off your travel.
Still, only getting double points on travel and dining is what turned me off of it.
With Capital One, I get double points on everything, and can use whatever rewards program I want to book travel, then just use the purchase eraser to cover it with points. And the points have the same value as every other card out there.
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Common misconception. When you purchase with points directly from your card through a rewards program or purchase eraser, you are doing so at 1:1. I'll give you an example - I recently flew to Florida for a wedding and the tickets were $440 total. If I booked through the credit card rewards program or purchase eraser I would have used 44,000 points. Those same tickets using JetBlue points would be 30,000 points (a 30%+ savings). SO, the best use of points is ALWAYS to transfer them to the points program of the vendor you wish to use.