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There’s a fantastic offer expiring tomorrow and also I have an update on the progress of WalletFlo. Keep reading below for details!
WalletFlo mobile app
The WalletFlo mobile app is coming soon!
(Look for the first preview coming next week!)
The WalletFlo mobile app is going to come with all of the current features like the cheat sheet, eligibility checker (so that you can avoid credit card rejections), product change tracker, etc. but some features will be brand new.
Some of these new features include:
- A home dashboard that displays all of your upcoming deadlines for perks, credits, and annual fees
- Ability to track credits used and perks used (along with their value over time)
- Customizable cheatsheet that will be much easier to use.
- Option to manually track your miles and point balances (and view transfer opportunities)
Another one of the new features that we’ll be implementing is a ranking system for credit card offers using emojis.
The top ranking level will be “unicorn” 🦄 which is reserved for rare or surprising offers that offer maximum value. Basically, anytime you see a unicorn offer and you are eligible, you should strongly consider going for it unless you just have absolutely no use for those points.
In the new version of WalletFlo, you’ll be able to sign up for notifications for when these offers come out and also when they are close to expiring. So it will be really hard for you to miss out on these opportunities in the future.
And right now, there is a current unicorn offer that is set to expire on Sunday so this would be a perfect example of the type of card you would want to get notified about.
- 80,000 bonus Ultimate Rewards points when you spend $4,000 in 3 months 🦄
- Offer link here
The best public offer for the Chase Sapphire Preferred was 60,000 points for the longest time and then it unexpectedly shot up to 80,000 points — a surprise to many people.
If you value Chase Ultimate Rewards at a WalletFlo valuation of 1.73 cents per point then this bonus comes out to $1,384. Generally, anytime a welcome bonus offers over $1,000 in value it’s a fantastic deal so this bonus is well above that making it one of the most attractive offers we’ve seen all year.
It’s also an incredible value proposition for a travel rewards credit card with an annual fee of only $95.
Basically, if you are under 5/24 this is probably the best move you can make. You’ll start off with a huge welcome bonus and later on you can always upgrade to the Sapphire Reserve if you decide that it is a better fit for you. Learn how to apply here.
Tip: You can use WalletFlo to check your 5/24 status by using the eligibility checker for a Chase card.
The Chase Sapphire Preferred also earns 2X on dining and travel and 5X on Lyft. These earning rates are not terrible considering how valuable Ultimate Rewards can be but they are not necessarily the greatest.
If you want to optimize points on dining, I’d look at a card like the American Express Gold Card. That card earns 4X on dining and US supermarkets (up to $25,000 per year of spend). It also is currently offering a unicorn-level offer of 60,000 points after you spend $4,000 in the first six months.
But the Chase Sapphire Preferred is also known for offering solid protections like primary rental car coverage so it’s not all about the bonus points with that card. It really is a great all-around travel credit card for anybody getting started in the miles and points game.
As WalletFlo progresses, we’re hoping to tailor your notifications based on your eligibility.
So let’s say that you were not eligible for a bonus for the Chase Sapphirre Preferred or the American Express Gold Card. In that case, you could set up your notifications so that you would not get bothered by offers like these.
Efficiency is the name of the game and we want to save as much as your time as possible when it comes to maximizing your credit card rewards and savings.
So keep an eye out for the first WalletFlo mini preview coming next week!
UponArriving has partnered with CardRatings for our coverage of credit card products. UponArriving and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
Daniel Gillaspia is the Founder of UponArriving.com and creator of the credit card app, WalletFlo. He is a former attorney turned full-time credit card rewards/travel expert and has earned and redeemed millions of miles to travel the globe. Since 2014, his content has been featured in major publications such as National Geographic, Smithsonian Magazine, Forbes, CNBC, US News, and Business Insider. Find his full bio here.