CSP 7% Bonus

[withaspark]

I've heard a lot of uncertainty about the topic, so I thought I'd add a datapoint for those those that haven't gone after the 40,000 Chase Sapphire Preferred offer.

Many have said that Chase is no longer offering the 7% year points bonus on the signup bonus--only spend. Well in my February statement my bonus was over 3,000 UR points, and I certainly haven't spent anything near $45,000 since I opened the card in August. Hope others' experiences are as good.

[ryanbush]

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@withaspark wrote:

I've heard a lot of uncertainty about the topic, so I thought I'd add a datapoint for those those that haven't gone after the 40,000 Chase Sapphire Preferred offer.

Many have said that Chase is no longer offering the 7% year points bonus on the signup bonus--only spend. Well in my February statement my bonus was over 3,000 UR points, and I certainly haven't spent anything near $45,000 since I opened the card in August. Hope others' experiences are as good.

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From the reports I have seen on Flyertalk it is definitly hit or miss

[thom02099]

From their website:  (https://creditcards.chase.com/sapphire/credit-card-benefits/chase-sapphire-preferred-benefits/ )

7% Annual Points Dividend*

Chase Sapphire PreferredSM will automatically award you a 7% Annual Points Dividend on all new points earned on purchases throughout the year – even points you have redeemed.

This, in effect, is an advertisement for additional benefits.  To fail to provide could be problematic for Chase if they don't.  And if they don't, I think a member should call them out on it and ask for them!

[ryanbush]

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@thom02099 wrote:

From their website:  (https://creditcards.chase.com/sapphire/credit-card-benefits/chase-sapphire-preferred-benefits/ )

7% Annual Points Dividend*

Chase Sapphire PreferredSM will automatically award you a 7% Annual Points Dividend on all new points earned on purchases throughout the year – even points you have redeemed.

This, in effect, is an advertisement for additional benefits.  To fail to provide could be problematic for Chase if they don't.  And if they don't, I think a member should call them out on it and ask for them!

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Notice the highlighted point, in the T&Cs for the cards it specifically addresses that bonus points don't count towards the 7% annual dividend, although many people have reported getting the 7% bonus on it.

[kekrre]

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@ryanbush wrote:

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@withaspark wrote:

I've heard a lot of uncertainty about the topic, so I thought I'd add a datapoint for those those that haven't gone after the 40,000 Chase Sapphire Preferred offer.

Many have said that Chase is no longer offering the 7% year points bonus on the signup bonus--only spend. Well in my February statement my bonus was over 3,000 UR points, and I certainly haven't spent anything near $45,000 since I opened the card in August. Hope others' experiences are as good.

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From the reports I have seen on Flyertalk it is definitly hit or miss

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Miss, for me. Oh well.

[ryanbush]

Did you use the UR Mall much?  if so did you get the 7% on bonus points earned thru it?

[Open123]

I received 7% of all points including the signing bonus.  I app'ed for the card in Feb when it was 50K, but not sure if the time frame makes any difference.

[Anonymous]

May be a dumb question, but where do you see your 7% dividend itemized?  I just reviewed my last few statements around my 12 month mark and around the end of the calendar year and I don't see anything.

Thanks!

[ryanbush]

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@Anonymous wrote:

May be a dumb question, but where do you see your 7% dividend itemized?  I just reviewed my last few statements around my 12 month mark and around the end of the calendar year and I don't see anything.

Thanks!

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It will be on your February statement

[Anonymous]

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@ryanbush wrote:

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@Anonymous wrote:

May be a dumb question, but where do you see your 7% dividend itemized?  I just reviewed my last few statements around my 12 month mark and around the end of the calendar year and I don't see anything.

Thanks!

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It will be on your February statement

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Thanks :-)  I'll keep my eye out