@Citylights18 wrote:
@coreysw12 wrote:
@Citylights18 wrote:
The CSR told me the current gas/instacart promotions are valid through 12/31 but nothing else is new is coming online. Instacart is currently running a promtion for $10 off $35 with Wal-Mart delivery so might be worth trying.
What current gas promotion? The 5x gas stations expired on 9/30 I believe. The only gas promotion remaining, that I know of, is that it can apply towards your $300 travel credit through 12/31. (Unforunately I already used up my entire travel credit 2 days after I got my CSR, paying for an airport parking garage lol)
That promotion is supposedly extended all the way to 12/31. I did make a purchase at a gas station last night but it hasn't been long enough to see how it posts. I did however earn the 3x for a purchase I made on 9/29 which if you know Chase is "pushing it" because its not when you purchase but when you are credited.
You're sure the CSR was talking about the 5x, and not just the travel reimbursement? I haven't seen that anywhere yet, and the CSR benefits page isn't showing it anymore since it disappeared on 10/1. I haven't tried using it at a gas station yet since 9/30
Total Loan Balance: $43k / $65k
Total SL: $78k
@Jccflat wrote:Just spoke to chase and was told the 5x instacart was only till sep30
I guess this whole coronavirus thing is finally starting to wind down. At least in the banks' point of view.
I have noticed lately that the curbside pickup spaces at my local grocery stores are pretty empty lately. Sort of getting the feeling that people are starting to return to their old lives again. So maybe credit card offers are all beginning to return to normal somewhat as well.
@CreditCuriosity wrote:
@coreysw12 wrote:
@Jccflat wrote:Just spoke to chase and was told the 5x instacart was only till sep30
I guess this whole coronavirus thing is finally starting to wind down. At least in the banks' point of view.
Not sure about that.. Banks simply want their money and pay less benefits and willing to lose some customers in the process i speculate. Although if the bleeding is enough then a stop gap could come in some form of a temp or permanent buff as Chase isnt one to usually to lose to Citi and/or Amex. It is a constant boxing match with nerfs/buffs between them
Good point - sometimes I forget that bank offers are largely just driven by algorithms and competition (and by which 3rd-parties are willing to partner with them for deals), not necessarily by what consumers are asking for.
The thing that worries me is that the CSR has been reported to be a "loss leader" for Chase, costing them possibly 100's of millions a year just so they can say that they have one of the most highly sought-after cards/ecosystems. I'm not sure if that rumor has merit or not, but if so, how much more money are they willing to lose on it before eventually they say "enough is enough"?
That's why I think that they're only going to look into expanding the card's benefits in ways that don't cost them money. Deals with 3rd-party vendors like DoorDash and Lyft are a good example of that - I doubt those deals cost Chase much, or possibly any, money. So we'll probably see more of that. But I'm not confident at this point that they'll add or increase broad category multipliers, unless they make up the difference in other ways like cutting other benefits or increasing the AF.
Honestly I'd be ok with an increased AF if the multipliers go up as well to justify it, but many people may not be.
