topic Re: Chase Sapphire Rewards Question in Credit Cards

Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 13:59:45 GMT

When spending the $3k over three months in order to recieve the bonus points, do you also receive points on the actual $3k spent (ie. 40k points + >3k points)? I would assume yes, but figured someone here may know for sure. Thanks!

Re: Chase Sapphire Rewards Question

Open123 — Fri, 06 Apr 2012 14:30:53 GMT

@Anonymous wrote:
When spending the $3k over three months in order to recieve the bonus points, do you also receive points on the actual $3k spent (ie. 40k points + >3k points)? I would assume yes, but figured someone here may know for sure. Thanks!

Yes!

And, if you spend in the bonus categores--say, you spend the $3k all on dining--you'll have 46k points.

PS - If you combine with Freedom and checking, every charge will earn 10 points. For example, let's you have a net service provider who allows for a payment every 24 hours. You an pay them in small increments montly to earn up to 1,000 points extra per month. The extra 12k can make a big difference depending on how you use the points.

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 14:03:41 GMT

Nice! Thank you!

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 14:24:40 GMT

Yes. You also get the 7% on the bonus if you have preferred.

Re: Chase Sapphire Rewards Question

Open123 — Fri, 06 Apr 2012 14:28:55 GMT

@Anonymous wrote:
Yes. You also get the 7% on the bonus if you have preferred.

Right, I keep forgetting about this!

CSP is really good rewards card. If you can only have "one" rewards card, it'd be hard to argue against having this one.

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 14:35:09 GMT

Haha, I've already been running the numbers on my expected annual spending on it (I travel 3-4 months out of the year for business), and tacking on the year end dividend is a great bonus for sure. I wish it had some sort of lounge access, but that might be expecting to much for the AF they charge.

Re: Chase Sapphire Rewards Question

Open123 — Fri, 06 Apr 2012 14:37:12 GMT

@Anonymous wrote:
Haha, I've already been running the numbers on my expected annual spending on it (I travel 3-4 months out of the year for business), and tacking on the year end dividend is a great bonus for sure. I wish it had some sort of lounge access, but that might be expecting to much for the AF they charge.

You could also app for the UA Exlplorer with 50k signup bonus and first year fee waived. This will give you access to UA lounges twice per year.

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 14:49:50 GMT

True that, but I'm in garden mode for awhile now. Hopefully when it's time for something new there will be a similar promo happening.

Re: Chase Sapphire Rewards Question

clocktick — Fri, 06 Apr 2012 15:02:58 GMT

Does Chase have free checking?

I get my direct deposit through BOA.

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 15:11:10 GMT

@clocktick wrote:
Does Chase have free checking?

I get my direct deposit through BOA.

"Free" checking.

You have to satisfy certain conditions to get the free checking. One of them is direct deposit, another is a minimum balance of $1,500, and there's a third one I can't remember. As long as you meet one of the three, it's free.

But you might be better off checking the website, the offers might vary per state.

I have free checking but because I satisfy two of the conditions (only really needed one).

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 15:13:08 GMT

Yep. If you check out thepointsguy, he just had a blog about some pretty amazing rewards if you have both the freedom card and checking there.

Re: Chase Sapphire Rewards Question

Open123 — Fri, 06 Apr 2012 15:13:15 GMT

Maybe someone else can chime in on this, but I recall reading where if you have a fee credit card such as the CSP, your montly checking fees are wavied.

Can anyone confirm or clarify?

Thanks!

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 15:21:47 GMT

Never heard of it that way, but Open, I wouldn't doubt that they do that though.

If I get the CSP, I'd definitely ask.

Re: Chase Sapphire Rewards Question

Anonymous — Fri, 06 Apr 2012 15:26:01 GMT

On thier site it apprears the only way to avoid the $25 monthly fee is an ADB of 1500, or have 5k in deposits or investment balances (which don't include CCs). Wouldn't hurt to ask though.

Re: Chase Sapphire Rewards Question

iamkida — Fri, 06 Apr 2012 21:59:00 GMT

@Anonymous wrote:
Haha, I've already been running the numbers on my expected annual spending on it (I travel 3-4 months out of the year for business), and tacking on the year end dividend is a great bonus for sure. I wish it had some sort of lounge access, but that might be expecting to much for the AF they charge.

if you do end up with the CSP be sure to ask if the card is a signature visa (pretty sure all the visa sapphire cards with chase are) because if it is there are lot of benefits that will come in handy for your traveling that your typical chase banker or phone rep won't mention when telling you about the card.. be sure to ask!