ahhh that does sound pretty incredible. Do you think I should shoot for the Reserve instead of the Preferred? I guess I’m just concerned come intern year I won’t really be utilizing the card to it’s fullest with busier work hours so it’ll be kind of a waste. Though apparently the $300 credit can go towards anything remotely travel related (tolls, Uber, etc.), so could still be worth it.
Chase sapphire reserve also makes your point worth 50% more than straight cash, while preferred is only 25%. That plus the change from 2x to 3x on dining and travel I think more than makes up the (450 - 300) - 95 = $55 difference you'll notice between the two cards.
$300 travel credit is ANY travel - includes uber, hotels, parking, obviously anything airline related.
You also get free TSA PreCheck Or Global Entry every 4 years, meaning you get an extra 85 or 100 dollars every 4 years.
Agreed that Capital One Venture is nice for the 2x points, and I like the purchase eraser (meaning I buy the cheapest possible flight, then 'erase' it from my account) rather than being tied to a specific airline or rewards system. Again, travel includes uber, hotels, airlines, etc. Just not gasoline.
I'm currently working on the bonus for a British Airways card from Chase. 50k miles for spending $3k in first 3 months. Additional 25k miles if you hit $10k in the first year. Additional 25k miles if you hit $20k in the first year. One of the rare 100k bonus cards still out there. 95 dollar annual fee. I'll never fly British, but they auto transfer to American Airlines, and with some work can transfer to Alaska.
I will probably keep Chase Reserve and Capital One Venture forever. Amex Platinum is my next bonus card assuming I still qualify for the 100k bonus.
Lot of good info from Veers otherwise. I think getting the Reserve is investing in the future, but only you can decide if it's worth it. Capital One Venture is not an unreasonable option instead of that.