Comments on: Chase Freedom Card: No More 3% Rewards?

By: Sun

Sun — Thu, 29 Apr 2010 03:02:43 +0000

I don’t think Chase still offer $200 for $250 check now, if I remember correctly. I got my last check just before it switched to Ultimate Rewards.

By: Chris

Chris — Wed, 28 Apr 2010 19:53:32 +0000

Just received a letter advising that they are switching me over to Chase Ultimate Rewards on or about June 2, 2010.

I enjoyed receiving the 25% dividend when redeeming the $200 cash reward for a $250 check.

Not so sure about this points based system. It’s going to be a scramble to see if I can qualify for one last $250 check. Currently at $149.

By: Daniel

Daniel — Mon, 19 Apr 2010 02:11:43 +0000

Eh, be careful of chase. I had their freedom card with the 5%, then they switched me over to ultimate rewards, which was going to cost me some $30 or so a year just to have…

I was a able to switch my card to their sapphire, but i’m not using it, I lost all respect for chase (only kept it cuz its my oldest card).

so again… be careful with chase

By: Anon

Anon — Sat, 17 Apr 2010 16:54:12 +0000

Huh? I just got an offer that promotes 5% cash back in top categories, and 1% otherwise.

By: Daniel

Daniel — Thu, 14 May 2009 19:23:36 +0000

Steve, I’m on the same boat. Except CapitalOne jacked my interest from something like 1.9% to like 29.4% I couldn’t help but laugh, and didn’t care much because I never used the card. It was MEANT for emergencies because I got it for the low rate… but oh well…

As for Chase… It was eventually going to happen, luckily I have already hit my $200 rewards and got my $250, now i’m in the process of phasing out using credit cards and going more of a cash only approach. I think the only credit card I still actively use is the card I set for business expenses, all the others carry a $0 balance.

Which I have to admit I am digging the Schwab Credit Card… seeing money going into my Brokerage account is a sweet deal