topic Re: Chase Trifecta question in Credit Cards

Chase Trifecta question

bichonmom — Thu, 24 May 2012 02:34:07 GMT

So, I have Chase Freedom, which I'm using primarily for 5% on groceries this qtr. I just received an offer in the mail from Chase for $150 cash back when you open a ckg acct. I have read a little about saving more money when you have 2 Chase CCs and a ckg acct., I believe. Could someone share more about that and how it works?

Thanks!

Re: Chase Trifecta question

laz98 — Thu, 24 May 2012 02:40:30 GMT

I thought it was just Freedom + Checking?

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 02:44:15 GMT

@bichonmom wrote:
So, I have Chase Freedom, which I'm using primarily for 5% on groceries this qtr. I just received an offer in the mail from Chase for $150 cash back when you open a ckg acct. I have read a little about saving more money when you have 2 Chase CCs and a ckg acct., I believe. Could someone share more about that and how it works?

Thanks!

I opened a Checking account for a $200 cash back offer. Here's how it works: When you submit the application for a new checking account, you have to make sure you input the pormotional code. The system will confirm the amount of the bonus.

If your offer requires you to make a direct deposit, you'd have to DD a payroll paycheck or government benefits to get the bonus. To avoid paying the $12.00 monthly fees, you'd ahve to keep a minimum daily balance of $1500, or average balance of $5000 or deposit a minimum of $500 each month into the checking account. Also, you must keep the account opened for atleast 6 months, if not, the $150 bonus will be deducted.

I received my $200 bonus today. It took only 3 days to receive the bonus after the DD. I made only one direct deposit from my employer since I'm keeping $1500 in the account for six months.

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 02:48:11 GMT

I'm not sure how the Checking and Freedom works to earn extra points.

Re: Chase Trifecta question - or Chase Combo??

bichonmom — Thu, 24 May 2012 02:50:17 GMT

I'm not asking how to get the cash back. I want to know how the combined discount/rebate/etc. works when you use Chase CCs in conjunction w/their ckg. acct.

I thought it required 2 Chase CCs, but if it's only 1, that would be great. Anyone have the Chase CC/ckg combo?

Thanks!

Re: Chase Trifecta question - or Chase Combo??

Anonymous — Thu, 24 May 2012 02:52:56 GMT

@bichonmom wrote:
I'm not asking how to get the cash back. I want to know how the combined discount/rebate/etc. works when you use Chase CCs in conjunction w/their ckg. acct.

I thought it required 2 Chase CCs, but if it's only 1, that would be great. Anyone have the Chase CC/ckg combo?

Thanks!

I have the Chase Freedom +Checking Combo. Someone explained it in detailes about how it works on slick deal website.

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 02:53:10 GMT

With chase checking and the freedom card, I believe you get 10 points for every purchase (or swipe) plus a 10% bonus on points. So, a regular $10 purchase would get 21 points (10 points for the swipe + 10 points for the $10 spent and 1 extra point for the 10% bonus.)

Now, many people add on the Sapphire Preferred card as a way to combine points. Both Freedom and CSP are "ultimate rewards" cards and your points go into the same pool. With CSP, you can transfer points to FF programs.

Re: Chase Trifecta question

ajh5408 — Thu, 24 May 2012 03:14:21 GMT

This is part of the Chase Exclusives program. Details regarding the Freedom benefit are below:

You will earn 1 base point for each $1 of net purchases. You will earn an additional 1 point for each $1 of eligible airfare net purchases made online through the program booking tool. As a Chase checking customer, you will also earn 1 bonus point for each $10 of net purchases (which equates to 10% of base points earned), and an additional 10 bonus points for each individual net purchase. To participate in this program for checking customers, the primary cardmember must be the sole owner or a joint owner of an open Chase checking account. Customers who do not have an open Chase checking account will automatically be converted together with all unredeemed rewards to the program which does not earn the bonus points described above. You do not earn points on balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that are used to access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind, including fees for products that protect or insure the balances of your account. There is no maximum number of points that you can accumulate in the program, including points earned for having a Chase checking account. Bonus/Promotional offers may have a maximum accumulation. A service fee of up to $20 per ticket may be charged for the use of our toll-free number to book or change airline itineraries. Redemptions made online do not have a service fee. See Rewards Program Rules and Regulations which will be mailed after your account is established.

Source: https://www.chase.com/index.jsp?pg_name=ccpmapp/shared/marketing/page/chase_exclusives_offer

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 03:17:05 GMT

@bichonmom wrote:
So, I have Chase Freedom, which I'm using primarily for 5% on groceries this qtr. I just received an offer in the mail from Chase for $150 cash back when you open a ckg acct. I have read a little about saving more money when you have 2 Chase CCs and a ckg acct., I believe. Could someone share more about that and how it works?

Thanks!

Please read this post: click here -- everything you asked is explained in lengthy detail.

Hope this helps!

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 03:28:06 GMT

if you are acitve or former military having a chase checking account adds more perks and there are no fees with the account no matter what balance is in the account. ive kept my account open for the sole fact that im gonna apply for the freedom at the end of the year.

Re: Chase Trifecta question

bichonmom — Thu, 24 May 2012 03:32:36 GMT

Thanks for the info. DIdn't realize that Chase ckg is $10/month. That more than offsets any additional rewards I'd get. Oh well.

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 03:35:14 GMT

@bichonmom wrote:
Thanks for the info. DIdn't realize that Chase ckg is $10/month. That more than offsets any additional rewards I'd get. Oh well.

its $12 per month. i was actually in the branch today paying off my car loan and had the banker explain exactly how the trifecta works.

Re: Chase Trifecta question

bichonmom — Thu, 24 May 2012 03:39:21 GMT

Yeah. $12 a month is going to be more than I'd get in extra rewards for having the ckg acct.

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 04:24:50 GMT

You have a NFCU account which means you have a military affiliation, why would you not be eligible for Chase's Military Banking Benefits? Under Chase's Military Banking Benefits, there is NO monthly service fee no matter your balance, or anything else.

Why wouldn't you go for a checking account with Chase using your military affiliation?

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 04:38:11 GMT

@Anonymous wrote:
You have a NFCU account which means you have a military affiliation, why would you not be eligible for Chase's Military Banking Benefits? Under Chase's Military Banking Benefits, there is NO monthly service fee no matter your balance, or anything else.

Why wouldn't you go for a checking account with Chase using your military affiliation?

with chase checking the only way to get the military account per say is either active or former military. with nfcu like me for example i joined through my brother who was active duty at that time.

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 04:48:40 GMT

@Anonymous wrote:

with chase checking the only way to get the military account per say is either active or former military. with nfcu like me for example i joined through my brother who was active duty at that time.

Yes, this is exactly how we have a military account with Chase.

I thought Bichonmom (original poster) was in the category of active, retired or, veteran military.

Re: Chase Trifecta question

bichonmom — Thu, 24 May 2012 08:56:09 GMT

I got in through a relative. I don't think that would work w/Chase.

Re: Chase Trifecta question

kevinjjc — Thu, 24 May 2012 11:35:42 GMT

@bichonmom wrote:
Yeah. $12 a month is going to be more than I'd get in extra rewards for having the ckg acct.

It's relatively easy to avoid that fee. Just ACH push a minimum of $500 each month to meet the DD requirement. You could then use that money to make a payment on your Chase credit card or transfer that money back.

Re: Chase Trifecta question

Anonymous — Thu, 24 May 2012 18:53:46 GMT

You can also avoid the $12 checking account fee by parking >$1,500 in that Chase checking account.

To clarify, you only need Chase Checking + Freedom to get that 10&10 bonus structure. The purpose of the CSP is so that you can transfer UR points 1:1 to their hotel/airline partners. CSP also gives you 2x on travel and food, so you should use it for anything in those categories over $9.62 (anything under that, Freedom wins).

Re: Chase Trifecta question

bichonmom — Thu, 24 May 2012 20:43:56 GMT

So, if I transfer $500 a month from another ckg acct/bank to a Chase ckg acct., then there is no mo fee? It says DD, so wouldn't they know a bank trsfr is not a DD?