cancel
Showing results for 
Search instead for 
Did you mean: 

Could the 7% dividend on CSP be going away?

tag
-NewGuy-
Moderator Emeritus

Re: Could the 7% dividend on CSP be going away?


@trumpet-205 wrote:

@Themanwhocan wrote:

If you are earning 5%, perhaps via Chase Freedom purchases, then a 7% bonus would be a whopping 1/3 of a percent increase.

 

Now, if you regularly get 15% cash back using that shopping mall that was mentioned, then yes 7% of 15% would be a 1% increase. But I can't  help but think that would be a rare occurance. 

 

So I look at that 7% bonus just like I look at the American Express BCP's 6% cash back on Groceries. It is there because it sounds extremely impressive, and nobody actually does the math these days...


7% bonus only applies to CSP spending, just like 10% bonus only applies to Freedom. 


It also applies to the UR mall spending done through your CSP account.

 

And yes, it isn't a whole lot. If you accrued 30k points in a year, you would miss your bonus of 2100 points. Certainly not make or break. 

Message 21 of 21
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.