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Do you rely on firsthand advice from others before applying for a new credit card? One place you might get your information from is the Reddit Credit Cards platform. This free forum is a popular spot for people looking for credit card advice.
Looking at the various threads on the r/CreditCards subreddit gives you an idea of what to expect for credit cards you plan on applying for. You can also ask questions or share your experiences with the cards you currently own.
Below are a few recent conversations from this Reddit credit cards subreddit to give you an idea of what content you can expect to see.
What Reddit Credit Cards Offers
This Reddit credit cards subreddit has over 22,000 followers, so you can imagine all the conversation possibilities. You will see a mixture of threads that are several months old. You will also see others only posted a few hours ago. Almost every thread has valid and helpful responses.
You can ask a question, answer questions, or browse other questions without responding.
Upgrade from the Chase Sapphire Preferred to the Chase Sapphire Reserve
U/nitropom owned the Chase Sapphire Preferred® Card and wanted to upgrade to the Chase Sapphire Reserve.
This thread has several comments where other people shared their advice about how to request an upgrade and what to expect. It turns out you can call or direct message Chase to start the upgrade process. Being a current Sapphire cardholder disqualifies you from earning the Chase Sapphire Reserve® signup bonus.
But you can enjoy the Sapphire Reserve benefits after the upgrade request finalizes.
If you are in a similar situation, you will need to wait four years after earning your original Sapphire bonus and close your current Sapphire Preferred account. Then you can reapply for a new Sapphire Reserve card.
Redeeming Wells Fargo Go Far Rewards
Reddit member u/CFD191 has a question about redeeming the Wells Fargo Go Far Rewards as they might close their Wells Fargo Propel American Express® card. However, they have a current rewards balance of $15 and need $25 to request a cash statement credit.
Responses so far include keeping the account open because it is one of the best no annual fee travel credit cards you can own. As the card offers free cell phone protection, only using it to pay this expense is an easy way to show account activity. Keeping the account open and current can also build credit as the average account age increases.
Transferring Chase Ultimate Rewards to Airlines
Chase credits cards like the Chase Sapphire Preferred and Chase Sapphire Reserve let you transfer points to airline partners on a 1:1 ratio thanks to Chase Ultimate Rewards. Booking award flights directly through the airline can let you get more mileage from each point than booking award travel directly through Chase.
One Reddit user was wondering if they needed to own a co-brand airline credit card as well to transfer points. In case you don’t know the answer, you don’t need a branded credit card. All you need is a frequent flyer account with one of the below airlines:
- Aer Lingus Aer Club
- British Airways Executive Club
- Flying Blue Air France KLM
- Aeroplan Air Canada
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
You can transfer Chase Ultimate Rewards points in 1,000-point increments to these airline partners. All transfers have a 1:1 ratio which means you don’t “lose” any points unlike transferring from an airline or hotel brand to another. Most transfers happen instantly so you can transfer shortly before you are ready to book an award flight.
However, if you are interested in airline cards, check out our picks for the best airlines credit cards.
There are plenty of transfer options to book domestic or international flights. Southwest Airlines might be one of your best options for booking domestic travel. You can also transfer to British Airways to book partner flights on American Airlines for 7,500 miles one-way domestic flights 500 miles or less.
Alternatives to the American Express Green Card
The Reddit credit cards subreddit can also be a good source for picking the best credit card from a certain bank. In this case, the best American Express Membership Rewards that come with some of the best rewards credit cards.
R/indienickoftime is asking about whether the American Express Green Card is worth applying for.
The American Express Green Card has been updated in the last few months.
The Amex EveryDay® Credit Card is also an option to consider. It earns 2 points per $1 at U.S. supermarkets (up to $6,000 per year) and 1 point per $1 on all other spending. Using your card for 20 purchases in a billing statement gives you a 20% bonus.
The information for the Amex EveryDay® Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.
Membership Rewards are another one of the most valuable credit card points you can earn. They are usually most valuable when transferring to an airline or hotel transfer partner. Most partners offer 1:1 transfers including Delta SkyMiles, British Airways Executive Club, Hawaiian Airlines, Virgin Atlantic Flying Club. Hotel partners include Hilton Honors and Marriott Bonvoy.
Summary of Reddit Credit Cards Helping You Get a New Card
The Reddit credit cards forum gives you a good overview for getting a new credit card or maximizing what’s already in your wallet. If you’re looking for advice from those who already own the card, or you want a second opinion, this is a fast and free way to get advice.
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