topic Re: chase freedom 10% extra point and 10 extra points per trans? in Credit Cards

chase freedom 10% extra point and 10 extra points per trans?

gr33nsuit — Wed, 11 Mar 2015 16:36:35 GMT

I've never noticed this until today but seem like I'm receiving more than 1% for chase? how does this work?

Re: chase freedom 10% extra point and 10 extra points per trans?

CreditCuriosity — Wed, 11 Mar 2015 17:50:23 GMT

@gr33nsuit wrote:
I've never noticed this until today but seem like I'm receiving more than 1% for chase? how does this work?

Did you shop on their portal?

Re: chase freedom 10% extra point and 10 extra points per trans?

SwiftTone — Wed, 11 Mar 2015 17:40:29 GMT

10 points per transaction, no minimum. It was something Chase offered up until a couples years ago when you had Sapphire, Freedom and checking account.

I have it too but do remember they were going to end the program. I don't remember when though.

Re: chase freedom 10% extra point and 10 extra points per trans?

CreditCuriosity — Wed, 11 Mar 2015 17:51:05 GMT

@SwiftTone wrote:
10 points per transaction, no minimum. It was something Chase offered up until a couples years ago when you had Sapphire, Freedom and checking account.

I have it too but do remember they were going to end the program. I don't remember when though.

Interesting....They had to be losing mass money with that promo. Assume it was capped?

Re: chase freedom 10% extra point and 10 extra points per trans?

SwiftTone — Wed, 11 Mar 2015 18:07:43 GMT

@CreditCuriousity wrote:
@SwiftTone wrote:
10 points per transaction, no minimum. It was something Chase offered up until a couples years ago when you had Sapphire, Freedom and checking account.

I have it too but do remember they were going to end the program. I don't remember when though.
Interesting....They had to be losing mass money with that promo. Assume it was capped?

Don't think it was a promo or even had a set period, and no caps. It was a feature/benefit that most people outside myFICO didn't know about. But I get when word got around and people abused it they started losing money. I've never intentionally made as many small transactions as possible so I can capitalize on the benefit.

I remember that it was supposed to end "enrollment" at the end of 2014, with a period after that people could still use this benefit. But still, I think that period is far over and at least both of us are still getting it. I don't know what the deal is and when its supposed to end.

Re: chase freedom 10% extra point and 10 extra points per trans?

Anonymous — Wed, 11 Mar 2015 18:59:53 GMT

@SwiftTone wrote:
@CreditCuriousity wrote:
@SwiftTone wrote:
10 points per transaction, no minimum. It was something Chase offered up until a couples years ago when you had Sapphire, Freedom and checking account.

I have it too but do remember they were going to end the program. I don't remember when though.
Interesting....They had to be losing mass money with that promo. Assume it was capped?
Don't think it was a promo or even had a set period, and no caps. It was a feature/benefit that most people outside myFICO didn't know about. But I get when word got around and people abused it they started losing money. I've never intentionally made as many small transactions as possible so I can capitalize on the benefit.

I remember that it was supposed to end "enrollment" at the end of 2014, with a period after that people could still use this benefit. But still, I think that period is far over and at least both of us are still getting it. I don't know what the deal is and when its supposed to end.

It was meant to end at the end of 2013, but obviously the computer work wasn't done that well.

This was for people with Freedom and Chase checking. It led to obvious behavior (somewhat like the ED and EDP do) splitting transactions into small parts to earn the extra 10 points per transaction. Some did thousands of microtransactions (someone posted a blil with several hundred pages of transactions, each one earning 10 points + 10%. He was shutdown)

So Chase created a new program, which is simply an annual 10% bonus of all points earned (which is better for those that do fewer transactions, with many in the bonus category). Everyone should have been transferred by the end of 2013. The new program is meant to end at the end of 2015., but, based on past form, we will see!

Re: chase freedom 10% extra point and 10 extra points per trans?

CreditCuriosity — Wed, 11 Mar 2015 19:06:20 GMT

@Anonymous wrote:
@SwiftTone wrote:
@CreditCuriousity wrote:
@SwiftTone wrote:
10 points per transaction, no minimum. It was something Chase offered up until a couples years ago when you had Sapphire, Freedom and checking account.

I have it too but do remember they were going to end the program. I don't remember when though.
Interesting....They had to be losing mass money with that promo. Assume it was capped?
Don't think it was a promo or even had a set period, and no caps. It was a feature/benefit that most people outside myFICO didn't know about. But I get when word got around and people abused it they started losing money. I've never intentionally made as many small transactions as possible so I can capitalize on the benefit.

I remember that it was supposed to end "enrollment" at the end of 2014, with a period after that people could still use this benefit. But still, I think that period is far over and at least both of us are still getting it. I don't know what the deal is and when its supposed to end.
It was meant to end at the end of 2013, but obviously the computer work wasn't done that well.

This was for people with Freedom and Chase checking. It led to obvious behavior (somewhat like the ED and EDP do) splitting transactions into small parts to earn the extra 10 points per transaction. Some did thousands of microtransactions (someone posted a blil with several hundred pages of transactions, each one earning 10 points + 10%. He was shutdown)

So Chase created a new program, which is simply an annual 10% bonus of all points earned (which is better for those that do fewer transactions, with many in the bonus category). Everyone should have been transferred by the end of 2013. The new program is meant to end at the end of 2015., but, based on past form, we will see!

LOL.. How people don't think they will be caught is amazing. I could write a query to find a person like this in about 1 min if I knew the DB structure.. Least he made a killing for the short time he lasted, but burnt his bridge with chase most likely for life.

Re: chase freedom 10% extra point and 10 extra points per trans?

bigbang91 — Wed, 11 Mar 2015 19:24:15 GMT

How do i get this offer,? I have everything with chase, no 10%+10 xtra point, urg

Re: chase freedom 10% extra point and 10 extra points per trans?

Anonymous — Wed, 11 Mar 2015 19:33:06 GMT

@bigbang91 wrote:
How do i get this offer,? I have everything with chase, no 10%+10 xtra point, urg

Did you have Freedom and Chase Banking before 2013? If so, you should have got it then, but probably transferred to the new program. Did you get a 10% for 2014 points?

Re: chase freedom 10% extra point and 10 extra points per trans?

bigbang91 — Thu, 12 Mar 2015 03:50:25 GMT

@Anonymous wrote:
@bigbang91 wrote:
How do i get this offer,? I have everything with chase, no 10%+10 xtra point, urg
Did you have Freedom and Chase Banking before 2013? If so, you should have got it then, but probably transferred to the new program. Did you get a 10% for 2014 points?

I got my freedom in Oct 2013,and Chase Banking since 2009. I only receive the 10% annual bonus on all purchases,not the 10xtra points

Re: chase freedom 10% extra point and 10 extra points per trans?

NRB525 — Thu, 12 Mar 2015 03:57:38 GMT

@Anonymous wrote:
@bigbang91 wrote:
How do i get this offer,? I have everything with chase, no 10%+10 xtra point, urg
Did you have Freedom and Chase Banking before 2013? If so, you should have got it then, but probably transferred to the new program. Did you get a 10% for 2014 points?

I have this on my Freedom account. It makes for a nice little bonus, 10 points per swipe and 10% of points. Makes me want to use the Freedom on regular small transactions, because it's like getting double points on a typical lunch entree of $6 or $7. Small victories!

I only just noticed it this year. The Freedom is from 2005 and the Checking is from 2011.

Re: chase freedom 10% extra point and 10 extra points per trans?

shinedown87 — Thu, 12 Mar 2015 04:32:57 GMT

I still have this on my account. I've gotten so many bonus points off of this promo over the past couple years. Wonder how long until they remove it?

Re: chase freedom 10% extra point and 10 extra points per trans?

Anonymous — Thu, 12 Mar 2015 05:48:30 GMT

@NRB525 wrote:
@Anonymous wrote:
@bigbang91 wrote:
How do i get this offer,? I have everything with chase, no 10%+10 xtra point, urg
Did you have Freedom and Chase Banking before 2013? If so, you should have got it then, but probably transferred to the new program. Did you get a 10% for 2014 points?
I have this on my Freedom account. It makes for a nice little bonus, 10 points per swipe and 10% of points. Makes me want to use the Freedom on regular small transactions, because it's like getting double points on a typical lunch entree of $6 or $7. Small victories!
I only just noticed it this year. The Freedom is from 2005 and the Checking is from 2011.

Right. There use to be posts explaining which card to use when, because the CSP had its 1.07/2.14 structure and Freedom 10%+10. So Freedom was alway better except for those categories where CSP was 2x,, and even then, if say a fiood purchase was less than about $5, Freedom is still better.

If they ever successfully remove all bonuses from both cards, it becomes much more simple: just use the card with a category bonus if applicable, otherwise it doesn't matter.

Re: chase freedom 10% extra point and 10 extra points per trans?

takeshi74 — Thu, 12 Mar 2015 12:23:35 GMT

@bigbang91 wrote:
How do i get this offer,? I have everything with chase, no 10%+10 xtra point, urg

If you don't already have it I doubt you can get it. You can certainly check with Chase.