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Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
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Chase is bad with math =)

Get 20% off travel redemptions—with no restrictions or blackout dates—when booked through Ultimate Rewards. For example, 50,000 points is worth $625 in travel rewards.

 

 

Anyone ever notice this? places online state 20% or 25% travel bonus. but this is from Chase.com directly. 

 

they state 20% but 50,000 x 1.25 = $625  20% would only equal $600

 

Also they got pictures stating 20% more for travel! that's $1934 in travel on my rewards page, yet that's really 25% more not 20%

 

and here I thought banks were smarter than that :smileywink:


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Frequent Contributor
OhioCPA
Posts: 470
Registered: ‎03-29-2011
0

Re: Chase is bad with math =)

[ Edited ]

The savings on a $625 purchase is 20% ( 20% of 625 is $125). It depends on how you want to spin it.

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Valued Contributor
maiden_girl
Posts: 2,108
Registered: ‎12-29-2011
0

Re: Chase is bad with math =)

I'm still not getting my extra 10% bonus points for being a Chase checking customer. I'll have to call them up again and see what the deal is. Last time they had to go back and credit my rewards balance.

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Established Contributor
YahComb
Posts: 599
Registered: ‎03-10-2012
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Re: Chase is bad with math =)

depends how you are reading it. a 20% discount is the same as a 25% bonus-inverse relationship

UR mall is is a 20% discount on travel with CSP. IE what normally cost 500, subtract 20%, which is 100, costs 400.

Inversely, you have 400 points, add 25%, which is 100, and that equals 500.

 

So they can say either 1) save 20% on travel booked through Ultimate Rewards or 2) 40,000 points(worth 500 dollars towards travel-IE 25% bonus) and both are correct statements.

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Established Contributor
SwiftTone
Posts: 1,026
Registered: ‎02-27-2012
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Re: Chase is bad with math =)


maiden_girl wrote:

I'm still not getting my extra 10% bonus points for being a Chase checking customer. I'll have to call them up again and see what the deal is. Last time they had to go back and credit my rewards balance.


When I go into your Freedom account, under Rewards, there is a Rewards Program Details link I can click and it'll bring me to the detail for the 10 & 10 program that states

 

"As a Chase Checking customer, you get even more exclusive benefits.

  • Earn 10% extra pointson every $1 you spend
  • Plus 10 bonus points on every purchase"

I'd check if you have this.

BCE: $0/$11,200, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$12,500, Citi Dividend: $0/$3500

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Valued Contributor
bribro
Posts: 1,367
Registered: ‎04-20-2012
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Re: Chase is bad with math =)


maiden_girl wrote:

I'm still not getting my extra 10% bonus points for being a Chase checking customer. I'll have to call them up again and see what the deal is. Last time they had to go back and credit my rewards balance.


Did you get both your Freedom card and Chase checking account before they discontinued the old 10 & 10 program?

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Valued Contributor
Duncanrr
Posts: 2,845
Registered: ‎06-08-2012
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Re: Chase is bad with math =)

Is there anyway to get an itemized list by transaction of reward pts earned?


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Valued Contributor
bribro
Posts: 1,367
Registered: ‎04-20-2012
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Re: Chase is bad with math =)


Duncanrr wrote:
Is there anyway to get an itemized list by transaction of reward pts earned?

Not that I'm aware of. Just the monthly statements from Ultimate Rewards. They itemize how the points are earned, but the transactions are aggregated.

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

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Established Contributor
SwiftTone
Posts: 1,026
Registered: ‎02-27-2012
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Re: Chase is bad with math =)


bribro wrote:

Duncanrr wrote:
Is there anyway to get an itemized list by transaction of reward pts earned?

Not that I'm aware of. Just the monthly statements from Ultimate Rewards. They itemize how the points are earned, but the transactions are aggregated.


Thats what my impression is also. Really bad system in my opinion

BCE: $0/$11,200, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$12,500, Citi Dividend: $0/$3500

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

Re: Chase is bad with math =)


SwiftTone wrote:

bribro wrote:

Duncanrr wrote:
Is there anyway to get an itemized list by transaction of reward pts earned?

Not that I'm aware of. Just the monthly statements from Ultimate Rewards. They itemize how the points are earned, but the transactions are aggregated.


Thats what my impression is also. Really bad system in my opinion


What would be nice would be if that put the merchant categorization next to each transaction in your activity/transaction log, like AmEx does. I can usually figure out if something is amiss with my points, but it involves creating a spreadsheet and manually going through things.

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

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