topic Re: New Chase Credit Card Offers Launching Tomorrow. in Credit Cards

New Chase Credit Card Offers Launching Tomorrow.

Saleen099 — Wed, 03 Apr 2019 22:38:46 GMT

https://www.doctorofcredit.com/rumor-new-chase-credit-card-offers-launching-tomorrow/

Re: New Chase Credit Card Offers Launching Tomorrow.

Credit-hoarder — Wed, 03 Apr 2019 22:30:27 GMT

That 3% FU would be an excellent replacement for my regular Freedom---which I was planning to close this week anyway (I don't feel like fooling with the 5% categories + the low limit--high APR that's currently on it) now that I've been approved for INK Cash
But the downside---potential 3 EQ HPs in the last 2 weeks (so far one with Penfed for a personal loan + one applying for INK)--UUGGHH!!.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Wed, 03 Apr 2019 23:20:03 GMT

Too bad I already applied and was rejected for the regular Freedom last week. Could have been rejected for Freedom Unlimited.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Wed, 03 Apr 2019 23:45:44 GMT

I’m LOL/24 and actually in the garden......so this leaves me out. But next year it could be a possibility.

Re: New Chase Credit Card Offers Launching Tomorrow.

xaximus — Wed, 03 Apr 2019 23:48:11 GMT

Already have this card and definitely over 5/24. No chance here unless I get an in-branch offer. Last time I checked, I had none.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Wed, 03 Apr 2019 23:57:53 GMT

If I got the uncapped 3% CFU offer last April, what are the chances I can apply for it again this year? I’m planning on PC’ing my current CFU to a CF if I can apply again. Unless the 3% last year counts as a “sign up bonus,” which would make me ineligible.

Re: New Chase Credit Card Offers Launching Tomorrow.

Loquat — Thu, 04 Apr 2019 00:10:17 GMT

@Anonymous wrote:
If I got the uncapped 3% CFU offer last April, what are the chances I can apply for it again this year? I’m planning on PC’ing my current CFU to a CF if I can apply again. Unless the 3% last year counts as a “sign up bonus,” which would make me ineligible.

My best guess would be that it would count as a sign up bonus meaning that you'd probably miss out even if you were approved for this card.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 00:58:32 GMT

3% for the first year if you were to spend $20k on the card would equate to a max $300 SUB. For those that plan to spend under $20k, especially significantly under, some of the other standard X spend in 3 months SUBs for the FU would make more sense.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 01:29:25 GMT

Just got approved under the old bonus scheme on Monday. Once it's a live public offer, I'm planning to message to switch to this one. It'll essentially double my signup bonus, in exchange for routing more spend on this card. We have a lot of discretionary spending that can go on any of a swath of cards and when you combine these UR points with my CSR, the return will be almost 4.5%, so it's a no brainer. I was excited to see this and my understanding is Chase is good about matching a better offer within 90 days.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 01:38:08 GMT

My chase account is already showing the offer of 3% cash back first year on $20,000 (up to $600 cash back) for the Freedom Unlimited. So it's live!

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 03:36:10 GMT

I have heard about this before. I myself do have the Freedom Unlimited. If I had to guess what this is all about, I'd say it's about competing with Discover, particularly over their Discover It Miles card, a travel card. Think about it. Chase has the Freedom, Discover has the Cash Back card. Both are 5% in rotating categories, up to $1500 in purchases each quarter. Both have unlimited 1.5% cash back in some form; Chase has Freedom Unlimited, while Discover has Miles card, doing in the form of miles, being unlimited 1.5 miles and each miles being worth 1 cent. But Discover is different in that after the first card year is up, they offer a bonus that is equal to whatever you earned in cash back or miles over the course of the year.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 03:50:32 GMT

I got rejected for both CFU and Amazon Prime card in February. Recon wasn't even a recon. May be next year.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 10:48:52 GMT

I was actually able to confirm the question about the sign-up bonus if you got the card last year myself via Chase secure messaging. Here is their response:

Allow us to provide information on your Chase Freedom
Unlimited credit card.

Emperor Palpatine, we reviewed your account and confirmed that the offer
you inquired about is a 3% cash back on every purchase
made within the first 12 months of account opening.

This is considered as a sign up bonus on your account and
Chase cardmembers can only earn a premium on the same
product once within a 24-month period.

Please contact us anytime with questions or concerns. We
are here to help and are committed to providing you
excellent service.

TL;DR version: for those of us that got the 3% back in the first year, it did count as a sign-up bonus. Unfortunately, they didn't answer my question on when the 24 months from obtaining the bonus starts, so I'm going to go with the conservative Chase estimate that the clock starts at the end of the first year.

Re: New Chase Credit Card Offers Launching Tomorrow.

Credit-hoarder — Thu, 04 Apr 2019 15:13:52 GMT

Today's the 4th and my page is still showing the $150 bonus offer.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 15:38:42 GMT

They had the same crappy offer before..

It's only 1% bonus over a DC and then only 1.5% after that.. Alliant CU you can get 3% first year with 2.5% after that, with a small anual fee..

I'd rather have the cash SUB, and then the card still isn't good for much other than pairing with a csp or csr..

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 16:49:37 GMT

I still see the old offer, but I still tried to send a message and requested the new SUB offer. We'll see what happens.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Thu, 04 Apr 2019 19:18:52 GMT

Chase declined to match me to the new SUB because "my account isn't eligible." I guess we'll see if this becomes a public offer and I'll try again, otherwise no matching. It's really foolish on Chase's part, because I'd run the whole $20k on the card, otherwise I have a very limited idea for what I'm going to use this card for.

Re: New Chase Credit Card Offers Launching Tomorrow.

Credit-hoarder — Fri, 05 Apr 2019 00:27:08 GMT

The offer is now live on my Chase page. But I think I'm gonna wait until the end of the month when my 2 recent EQ pulls have settled in a bit. Maybe the 6 pts. I lost will recoup by then.

Re: New Chase Credit Card Offers Launching Tomorrow.

Anonymous — Fri, 05 Apr 2019 01:55:48 GMT

@Anonymous wrote:
3% for the first year if you were to spend $20k on the card would equate to a max $300 SUB. For those that plan to spend under $20k, especially significantly under, some of the other standard X spend in 3 months SUBs for the FU would make more sense.

Well, 3% on $20K is a max $600 SUB. [ETA: total is $600 but sub is $300 as BBS says]. But your point about less spending is certainly valid.

And $600 for $20K can certainly be beaten, purely reward rise, by getting several smaller SUBs (e.g. $150 for $3000) but that is more inqs and new accounts. [And even more true for $300 SUB!]

Of course, for many 60K UR is going to be much more than $600, e.g. $900 on travel via Chase portal with CSR, and maybe more with good transfers.

Re: New Chase Credit Card Offers Launching Tomorrow.

SBR249 — Fri, 05 Apr 2019 01:33:06 GMT

@Anonymous wrote:
@Anonymous wrote:
3% for the first year if you were to spend $20k on the card would equate to a max $300 SUB. For those that plan to spend under $20k, especially significantly under, some of the other standard X spend in 3 months SUBs for the FU would make more sense.
Well, 3% on $20K is a max $600 SUB. But your point about less spending is certainly valid.
And $600 for $20K can certainly be beaten, purely reward rise, by getting several smaller SUBs (e.g. $150 for $3000) but that is more inqs and new accounts.

Of course, for many 60K UR is going to be much more than $600, e.g. $900 on travel via Chase portal with CSR, and maybe more with good transfers.

I dont think it's fair to count the base reward rate of the card in the SUB. The "bonus" portion of the earning is the extra 1.5% you get on top of the regular CFU UR rate. Earning the base rate on SUB-chasing purchases in addition to the SUB is basically what every card does, but you wouldn't necessary count those rewards as part of the SUB.