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10-25-2009, 12:54 AM
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Chase Special Rewards
My Chase CC was about to expire so they sent me a new one. Which is great because I hadn't even known. With it came a flyer about a new rewards program in which you get double the points- for a slight monthly charge of 4.99. I laughed at it and threw that crap away. I cannot even imagine paying for the privilege of 2 points for every dollar instead of one. Maybe if I used the card for everything, I might eventually come out even (I forgot the math on this) but, yeah it seems like a load of crap. I don't ever want to give Chase the benefit of $1 of my money, greedy moneygrubbers.
Especially when 1500 points equal up to $10 and every $1 earns you one point. I should hope that the $5 you pay gives you 10 points, lol!! Anyway, just wondering if anyone has done something like this and if it was worth it for you. I know it wouldn't be in my case! 
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10-25-2009, 06:22 AM
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Straight to the shredder if I got this. My Chase renewed in Sept and I did not get. Of cours, I happen to charge about $120/year on this card.
Its the one I use for my automatic purchases and any online purchases.
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10-25-2009, 07:49 AM
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If I calculate that right, you'd have to charge $4500 just to make up the $60 in fees.
It sounds like right now you are only getting a 0.6667% rebate. Ten dollars back, for every $1500 spent, you say?
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10-25-2009, 06:39 PM
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That's right! $1500 for $10 in rewards. So sad!
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