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    Do you think Chase needs a 2x points card, after everything that’s changed?

    After the Hyatt devaluation, travel portal redemption nerf, Sapphire Reserve rework, and rise of other ecosystems with compelling partners and 2x cards like Citi and Bilt, does Chase need a 2x card to stay competitive? Something like a flat 2% alternative to the CFU, or a card modelled after the Chase Ink Business Premier? Or can a 1.5x base earn rate still be justified by its partner list?

    Do you think Chase needs a 2x points card, after everything that’s changed?
    byu/electronautix inCreditCards



    Posted by electronautix

    10 Comments

    1. throwaway033104 on

      i’m personally done with the CFU after my intro APR period is over, 1.5x is just not competitive imo

    2. Funkyflapjacks69 on

      We have a chase 2x card now, it’s called the Bilt Palladium!

      In all seriousness they have all the useful transfer partners Chase has plus more

    3. Ronmck1 on

      Chase has nothing special outside of Hyatt and that’s gone down hill so they need to step there game up imo

    4. x_KRYPTOS on

      Answer your question, yes they do.

      But I think it’s a little bit more nuanced than that. While technically it’s true that the CFU is the “UR catch-all,” you have to remember that it’s first and foremost, a cashback card. Most 2% cards at other issuers only earn 2% on general spend. In order to earn any higher than that, you need a second card to pair with it. The CFU earns 1.5% catch-all PLUS 3% on dining and pharmacies, and 5% on travel.

      From a cashback POV, even though 1.5% is not as good as 2%, that’s a pretty solid one card setup.

      For the record, I agree with you… But you can kind of see why Chase doesn’t feel the need to raise that 1.5% to 2%.

    6. findmepoints on

      The chase Hyatt needs to change to 1.5x. I can see something like the CSR having 1.5x base too

    7. AndroFeth on

      I’m done with applications for now so my CFU is my catch all. I’d love for it to have 2% CB but I’m not bothered by it either

    8. XpressiveThoughts on

      A lot of people are willing to settle for 1.5% because it’s Chase. That’s the power of brand and reputation. The competition hasn’t made enough ground to pressure them to go up to 2% yet.

    9. EngineerParentGuy on

      I think they should follow Amex and make a high annual fee 2X business card… maybe w big spend bonuses … like at 75K, 150K etc
      I think this would make sense for real businesses

    10. Double-One-9913 on

      Chase is the largest bank in the USA. They don’t need to do anything to stay competitive.

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