Quote:
Originally Posted by Flying Ace
you kind of proved my point, so you still have $150 left over of fees. Ideally, you should pay no fees to retain your points. It sucks carrying that much fees just to retain points, unless in you case, you're sitting on over $5000 worth of points, then you pay to play.
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I can cancel the Sapphire Reserve card at any time and retain all my points, because I also have a Chasee Freedom (free card).
I think I'll keep the Reserve because after travel credit, even $150/yr is worth it to get 3X points on Travel and dining. I've spent over $50,000 on travel in a year, so that's 150,000 points (much more than most cards). With a regular sapphire preferred, it'd only be 100,000 points because 2X travel vs 3X travel on the Reserve
Plus, 3X on dining is worth the incremental $55/yr over the Sapphire Preferred (that is $95/yr). There aren't any other cards paying 3X points for Travel/Dining.
You're basically paying $150/yr for the Reserve and $95/yr for the Sapphire Preferred. If you spend a lot on travel/dining, you can do the math to decide if $55/yr is worth it, plus you'll get the airport lounge access as well and other perks.