Reply
Contributor
Posts: 81
Registered: ‎05-06-2012
0

Re: CSP + Freedom + Checking. Use wisely.

Kind of a stupid question, but how do you get the 10 points per transaction with the Chase Freedom? Do you need to have CSP as well? I have Chase Checking, and plan on getting a Freedom in the next 4-6 months, but won't be getting a CSP anytime soon (Unless they make a new CSP with no annual fee, I'm a college student, I don't travel).

Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
0

Re: CSP + Freedom + Checking. Use wisely.


NewSurrender wrote:

Kind of a stupid question, but how do you get the 10 points per transaction with the Chase Freedom? Do you need to have CSP as well? I have Chase Checking, and plan on getting a Freedom in the next 4-6 months, but won't be getting a CSP anytime soon (Unless they make a new CSP with no annual fee, I'm a college student, I don't travel).



You get the 10 points per transaction plus 10% in bonus points as long as your Freedom card is linked to a Chase checking account (make sure Chase activates the 10 & 10 program). So, if you buy something for $20, you get 20 points for the $20 spent, plus another 10 points fixed, plus another 2 points from the 10% bonus, giving you a total of 32 points on a $20 purchase.

 

You do not need CSP for the 10 & 10 program. CSP complements 10 & 10 because of 1:1 airline partner transfer feature and the 2x points on restaurants and travel.

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Established Contributor
Posts: 749
Registered: ‎10-25-2011
0

Re: CSP + Freedom + Checking. Use wisely.


john398 wrote:

discernment wrote:

We've had the Chase checking for years, and have greatly enjoyed the Chase UR debit card (and still do!), the debit card currently has a promotion where you get 100 points for every $10 spent at the Dollar Tree (my husband's favorite store). :smileyhappy:  

 

We are really anxious for the day when we can qualify for the Freedom and Sapphire Preferred, even if that's about 2 years away! Hopefully, all these good deals and promotions will still be around then. 

 

This is one of the best rewards deals I've ever read about.


I thought the ended the debit program



Chase has ended debit rewards for the following programs: Ultimate rewards*, Continental Arlines and United rewards, Disney rewards, and Real Cash rewards. These programs were discontinued due to the federal regulation called The Durbin Amendment. The Amendment basically limited how much banks can charge merchants for transaction fees, thus Chase could not afford to keep extending the program. So sad for consumers, it was a great program. I had the continental rewards, in a year and 3 months, I racked up 65K+ miles enough for a international round trip! (I had a 25K sign up bonus, and roommates that remitted the utility bills through me)

 

*A lucky few customers, usually with larger balances (Chase is a relationship bank, more you keep here, more they give back) were able to keep their Ultimate rewards debit card program. Most people were refunded a prorated amount.

 

@ avigatethis12 You should be able to activate your 5% promo on Chase.com.

 

@Everybody else; I'm glad this thread was a big hit, I spent about 2 hours doing the math and writing and rewriting it so that it was easy to understand.

 

@Mods: This thread.. Sticky worthy?

I'm a personal banker and do a lot of auto loans serving the Houston area.
I suggest first time car buyers to read the sticky guide in the auto loan section.
I try to check these forums often, but if I missed your post, please feel free to message me with a link to it.
Valued Contributor
Posts: 1,142
Registered: ‎09-01-2011
0

Re: CSP + Freedom + Checking. Use wisely.


SamsungHDTV wrote:

john398 wrote:  I thought they ended the debit program

A lucky few customers, usually with larger balances (Chase is a relationship bank, more you keep here, more they give back) were able to keep their Ultimate rewards debit card program. Most people were refunded a prorated amount.

 


Yes, we still have our Ultimate Rewards and they are still sending us notices from time to time of places to use our debit card to get more points. 



Husband's Current Score: EX 691 CUSC; EQ 694; TU 687; Mine: EX 773 (AMEX); EQ 720; TU 750
Wallet Contents: SECURED: Capital One Platinum Mastercard, US Bank Harley Davidson Visa, USAA Bank American Express;
UNSECURED: Chase Freedom; USAA Cash Rewards World Mastercard, Discover More, CUSC Platinum Rewards Visa, American Express Zinc, American Express Blue Cash Preferred, Amazon Card, Walmart Discover Card
Contributor
Posts: 81
Registered: ‎05-06-2012
0

Re: CSP + Freedom + Checking. Use wisely.


bribro wrote:

NewSurrender wrote:

Kind of a stupid question, but how do you get the 10 points per transaction with the Chase Freedom? Do you need to have CSP as well? I have Chase Checking, and plan on getting a Freedom in the next 4-6 months, but won't be getting a CSP anytime soon (Unless they make a new CSP with no annual fee, I'm a college student, I don't travel).



You get the 10 points per transaction plus 10% in bonus points as long as your Freedom card is linked to a Chase checking account (make sure Chase activates the 10 & 10 program). So, if you buy something for $20, you get 20 points for the $20 spent, plus another 10 points fixed, plus another 2 points from the 10% bonus, giving you a total of 32 points on a $20 purchase.

 

You do not need CSP for the 10 & 10 program. CSP complements 10 & 10 because of 1:1 airline partner transfer feature and the 2x points on restaurants and travel.


Heh, that's pretty awesome. So basically, once I get my Freedom, there's no point in using other cards for everyday purchases (Currently using a combination of Capital One Journey [1.25%] and BoA 123 [1.10%]), right?

Member
Posts: 11
Registered: ‎04-19-2012
0

Re: CSP + Freedom + Checking. Use wisely.

So if you do a lot of larger purchases or spend a lot of money do the other options I listed give this trifecta a run for it's money?
Wallet: AMEX Zync, Chase Freedom, Citi Forward
Sock Drawer: Georgia's Own Visa, Capital One Cash Rewards
Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
0

Re: CSP + Freedom + Checking. Use wisely.


NewSurrender wrote:

bribro wrote:

NewSurrender wrote:

Kind of a stupid question, but how do you get the 10 points per transaction with the Chase Freedom? Do you need to have CSP as well? I have Chase Checking, and plan on getting a Freedom in the next 4-6 months, but won't be getting a CSP anytime soon (Unless they make a new CSP with no annual fee, I'm a college student, I don't travel).



You get the 10 points per transaction plus 10% in bonus points as long as your Freedom card is linked to a Chase checking account (make sure Chase activates the 10 & 10 program). So, if you buy something for $20, you get 20 points for the $20 spent, plus another 10 points fixed, plus another 2 points from the 10% bonus, giving you a total of 32 points on a $20 purchase.

 

You do not need CSP for the 10 & 10 program. CSP complements 10 & 10 because of 1:1 airline partner transfer feature and the 2x points on restaurants and travel.


Heh, that's pretty awesome. So basically, once I get my Freedom, there's no point in using other cards for everyday purchases (Currently using a combination of Capital One Journey [1.25%] and BoA 123 [1.10%]), right?


For smaller purchases, correct. Anything over $66.67 (the breakeven point) should go on your 1.25% Capital One Card.

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
0

Re: CSP + Freedom + Checking. Use wisely.


JHav wrote:
So if you do a lot of larger purchases or spend a lot of money do the other options I listed give this trifecta a run for it's money?


It obviously depends. Anything with a cashback rate over 1.1% will be more advantageous than your Freedom card at some point. I don't know enough about Citi TY or AMEX Gold/AMEX SPG to make a direct comparison. All you have to do is run the math: 10 + 1.1x = [cashback rate]x. Solve for x.

BTW, if you do get the Chase trifecta, you should only choose the CSP for purchases in the 2x categories (travel & restaurants) over $9.62 (the breakeven point). Everything else goes on Freedom.

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Established Contributor
Posts: 749
Registered: ‎10-25-2011
0

Re: CSP + Freedom + Checking. Use wisely.


bribro wrote:

NewSurrender wrote:

bribro wrote:

NewSurrender wrote:

Kind of a stupid question, but how do you get the 10 points per transaction with the Chase Freedom? Do you need to have CSP as well? I have Chase Checking, and plan on getting a Freedom in the next 4-6 months, but won't be getting a CSP anytime soon (Unless they make a new CSP with no annual fee, I'm a college student, I don't travel).



You get the 10 points per transaction plus 10% in bonus points as long as your Freedom card is linked to a Chase checking account (make sure Chase activates the 10 & 10 program). So, if you buy something for $20, you get 20 points for the $20 spent, plus another 10 points fixed, plus another 2 points from the 10% bonus, giving you a total of 32 points on a $20 purchase.

 

You do not need CSP for the 10 & 10 program. CSP complements 10 & 10 because of 1:1 airline partner transfer feature and the 2x points on restaurants and travel.


Heh, that's pretty awesome. So basically, once I get my Freedom, there's no point in using other cards for everyday purchases (Currently using a combination of Capital One Journey [1.25%] and BoA 123 [1.10%]), right?


For smaller purchases, correct. Anything over $66.67 (the breakeven point) should go on your 1.25% Capital One Card.


Correct only if you take CSP out of the picture.

Put CSP back in the picture, being able to transfer to a participating arlines make the value goes up. This is why I would put it on Freedom regardless of amount. I plan to use all my points on international travel which makes arlines miles worth more than domestic.

 

@ JHav So it depends if you have just Freedom + Checking or CSP too. If it's only Freedom plus checking then other cards will catch up on larger purchases. Take the above example for instance.

I'm a personal banker and do a lot of auto loans serving the Houston area.
I suggest first time car buyers to read the sticky guide in the auto loan section.
I try to check these forums often, but if I missed your post, please feel free to message me with a link to it.
Contributor
Posts: 96
Registered: ‎06-18-2012
0

Re: CSP + Freedom + Checking. Use wisely.

Great thread, just got my first statement with the Freedom/checking combo, I noticed the 10/10 isn't listed. Does it take 1-2 billing cycles for it to kick in?

Wallet: NFCU CashRewards 35k-- USAA AMEX 28k-- USAA World MC 22k-- Discover IT 17.5k--Chase Freedom 23.5k-- NFCU NavCheck 15k
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.