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Question on Spend Bonuses

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Anonymous
Not applicable

Question on Spend Bonuses

Weird question. New to spend bonuses you get when you get a new card. Never had one before.

 

When does the clock start? From the date app'ed, or date the card was activated?

 

I know it probably states it in the letter that comes with the card but I'm horribly inpatient. I need to start planning for a family trip to Tennessee and we need to arrive by 6/20, which is EXACTLY 3 months after my app. So I'm cutting it close.

 

I'm not going to overspend my monthly budget to meet the bonus requirements but it would be nice to know. And if I meet the spend before the trip, maybe I can use the points towards the travel spend.

 

Just curious. Any info would be helpful. Smiley Happy

Message 1 of 14
13 REPLIES 13
mongstradamus
Super Contributor

Re: Question on Spend Bonuses

I think it depends on the CCC, i applied for my citi in december and they are giving me till april to do my min spend that over the 3 months thats listed on the application. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 2 of 14
Anonymous
Not applicable

Re: Question on Spend Bonuses


@Anonymous wrote:

Weird question. New to spend bonuses you get when you get a new card. Never had one before.

 

When does the clock start? From the date app'ed, or date the card was activated?

 

I know it probably states it in the letter that comes with the card but I'm horribly inpatient. I need to start planning for a family trip to Tennessee and we need to arrive by 6/20, which is EXACTLY 3 months after my app. So I'm cutting it close.

 

I'm not going to overspend my monthly budget to meet the bonus requirements but it would be nice to know. And if I meet the spend before the trip, maybe I can use the points towards the travel spend.

 

Just curious. Any info would be helpful. Smiley Happy


As stated depends on the card.    Also, in many cases the bonus points won't post to your account until the statement closes after the spend is met.   And then it depends whether you use the points for the travel (e.g. transferring them to a FF partner) or if you are just using them agianst travel purchases after the fact.

Message 3 of 14
ecxpa
Valued Contributor

Re: Question on Spend Bonuses

I got the CSP, approved on 12/22/14.  Chase CSR told me I had untill 3/22/15, to get the spend of 4K within 3 mos......made it and site says I have 40K points that will post on my April statement.  As has been said I'm sure it depends on the CCC.  I think other factors would include the size of the bonus and the value of points.

Message 4 of 14
Anonymous
Not applicable

Re: Question on Spend Bonuses

Thanks for the responses and the information. Smiley Happy

Message 5 of 14
Anonymous
Not applicable

Re: Question on Spend Bonuses

If you're talking about your Venture card, it's three months from approval date.

Message 6 of 14
onstar
Established Contributor

Re: Question on Spend Bonuses


@ecxpa wrote:

I got the CSP, approved on 12/22/14.  Chase CSR told me I had untill 3/22/15, to get the spend of 4K within 3 mos......made it and site says I have 40K points that will post on my April statement.  As has been said I'm sure it depends on the CCC.  I think other factors would include the size of the bonus and the value of points.


 


@Anonymous wrote:

If you're talking about your Venture card, it's three months from approval date.


 

To be safe, take the above advices. Go from the approval date.

 

I have 3 cards that require spend within 3 months. To be extra safe, I'm doing all my spend within 2 months and 2 weeks from approval date.

BK DC 4/9/2018
FICO 08 (4/9/2018): EQ 647 EX 609 TU 620
FICO 08 (01/27/2025): EQ 725 EX 736 TU 745
Message 7 of 14
ecxpa
Valued Contributor

Re: Question on Spend Bonuses


@onstar wrote:

@ecxpa wrote:

I got the CSP, approved on 12/22/14.  Chase CSR told me I had untill 3/22/15, to get the spend of 4K within 3 mos......made it and site says I have 40K points that will post on my April statement.  As has been said I'm sure it depends on the CCC.  I think other factors would include the size of the bonus and the value of points.


 


@Anonymous wrote:

If you're talking about your Venture card, it's three months from approval date.


 

To be safe, take the above advices. Go from the approval date.

 

I have 3 cards that require spend within 3 months. To be extra safe, I'm doing all my spend within 2 months and 2 weeks from approval date.


That's exactly what I did.........don't leave'em any wiggle room.......get that bonusSmiley Wink

Message 8 of 14
Anonymous
Not applicable

Re: Question on Spend Bonuses

My Venture points posted just after the 3K worth of charges posted.
Message 9 of 14
Anonymous
Not applicable

Re: Question on Spend Bonuses


@Anonymous wrote:

If you're talking about your Venture card, it's three months from approval date.


Yep, you hit the nail on the head. Thank you very much! Smiley Happy

Message 10 of 14
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