topic Re: Gift Cards count towards CSP min spend for Bonus? in Credit Cards

Gift Cards count towards CSP min spend for Bonus?

youngandcreditwrthy — Fri, 18 Oct 2013 22:30:18 GMT

I was wanting to buy a gift card as an Xmas gift for a relative for $500. I've already spent about $1000 on CSP and paid my first statement bal of $555 in full. I need to spend $2k to get the 40k pt bonus.
If I purchase a $500 Visa gift card from like CVS or wherever, will it count towards that spend requirement? I haven't see any info that would indicate otherwise. Is this okay or would Chase think I'm doing that 'manufactured spending' thing? I have never bought a gift card on any Credit Card ever, so it'd be a first.

Re: Gift Cards count towards CSP min spend for Bonus?

Anonymous — Fri, 18 Oct 2013 22:46:13 GMT

@youngandcreditwrthy wrote:
I was wanting to buy a gift card as an Xmas gift for a relative for $500. I've already spent about $1000 on CSP and paid my first statement bal of $555 in full. I need to spend $2k to get the 40k pt bonus.
If I purchase a $500 Visa gift card from like CVS or wherever, will it count towards that spend requirement? I haven't see any info that would indicate otherwise. Is this okay or would Chase think I'm doing that 'manufactured spending' thing? I have never bought a gift card on any Credit Card ever, so it'd be a first.

any type of purchase counts, as long as it is not a cash advance or BT.

the only time gift cards may not count is when they are labelled as a cash advance, but this doesn't seem to happen with Chase.

1 gift card will not get you into any trouble.

Re: Gift Cards count towards CSP min spend for Bonus?

youngandcreditwrthy — Fri, 18 Oct 2013 22:56:42 GMT

Awesome, thanks for the info!:-)

Re: Gift Cards count towards CSP min spend for Bonus?

Anonymous — Fri, 18 Oct 2013 23:22:41 GMT

You might get a fraud call though, and need to confirm you are making the purchase, as the card is new and $500 is outside the norm for CVS. Wouldn't worry about this being considered manufactured spend, because $500 gives you $5 back (assuming you don't use it in URs) and the card will cost about $4.95. So not worthwhile for MS, but a good way to meet the spend to get the bonus.