MyCardBlog

I actually don’t know this offer until one of my colleagues sent me an email about the topic that’s being discussed at slickdeals.net. This “$5 statement credit each day Chase card is used in July” is really tempting. If you use your Chase credit card every day in July, you can get up to $155 statement credit after 6 ~8 weeks. This means you can get a free Starbucks coffee each day in July. Of course, the prerequisite is you have to receive the offer from Chase.

What do you have to do to get $5 statement credit each day in July?

If you make a single purchase with your Chase credit card, no matter how much you charge on this card,a $5 statement credit will be credited to you account. This offer applies to your purchase transactions only and the maximum amount you can get is $155—$5 each day.

Who will qualify for this offer?

You will qualify for this offer as long as your Chase credit card is in good standing, open and not in default when your statement credit is posted. This offer is not transferable and only targeted to certain Chase credit card members.

When will you receive the statement credit?

If you are qualified for this offer, the statement credit will be credited to your monthly statement after 6~8 weeks following the last calendar day of the month in which it was earned. So it takes about 6~8 weeks to receive your bonus.

The original poster got this offer for his Chase Platinum Card. I have a Chase Freedom Card, Chase SONY Card and Chase Amazon.com Card and none of them got the similar offer. I believe most of you might be interested in this offer, thus I called Chase customer service at 800-432-3117. The customer representative I talked to knew nothing about this offer. She said she would add a note and send this to the department which is dealing with promotions and targeted offers about my inquiry. I hope some of you can receive this offer.

My post “2008 Chase Check Card Promotion” was very popular in the past several months. Enroll your Chase debit card before 06/15/08, you can get $25 for every $250 in qualifying purchases made with your Chase Visa Check Card—up to $75. This promotion has ended on June 15, 2008. If you spent more than $250 before June 15, you should expect to receive your $25 (up to $75) bonus before July 1, 2008.Today I noticed that Chase just launched a new debit card promotion: Make 10 blink purchases by using your Chase debit card and you can get $10 bonus.

How to get the $10 bonus?

1. Enroll your Chase visa check card or visa check business card before August 31, 2008 at www.chasemake10blink.com.

2.  Make 10 blink purchases with minimum $5 each time in the next following 30 days of registration. (In order to be considered as blink purchase, you can’t use your PIN at checkout. You should use your debit card as a credit card.)

3. Get $10 directly deposited to your Chase checking account.

It looks like that this $10 is easy money to take if you receive the invitation from Chase bank. If your Chase debit card is not a blink card, you can’t participate in this promotion. A blink card should have a ‘blink” sign on the face of the debit card. (Note: Chase first applied the blink technique on their credit cards.) Of course, you should use your blink card at the stores where you can blink at the checkout. To find where you can use your blink card, you can go to www.chaseblink.com and locate the places that allows you to blink. Usually you can find a blink card reader at quick service restautants (McDonald’s), convenience stores (7-Eleven) and drug stores (CVS Pharmacy).

Chase first launched the blink cards in 2005. The difference between a regular card and a blink card is the blink card contains a tiny RFID chip. This allows you to pay for something using a contact-less terminal (no swiping). The card will communicate with the reader via radio frequency technology and transmits to the reader approximately the same data that’s stored on its magnetic stripe. Once the transaction is successful, the reader will emit a signal to acknowledge payment is done. Chase brands the technology Blink, American Express calls it ExpressPay, MasterCard calls it PayPass. They are all pretty much the same thing.

RFID doesn’t have a great reputation and is not so popular among thousands of cardholders right now. There are some privacy
and security concerns. If you don’t want the contactless feature of your debit card or credit card, you can call Chase to issue you a new card without blink capability.

As I mentioned in this post, Chase Freedom Card members can have 5 categories to get 3% cashback if they have a Chase checking account. My Chase Freedom Card actually gives me 5 categories to have 3% cashback this month. Following is from my monthly statement.

You have one more reason to open a checking account at Chase now. In addition to the $100/$125 checking account bonus you can get from Chase Bank, you can now enjoy the Chase Exclusives benefits. Chase Exclusives is dedicated to offer “Better Rates”, “More Rewards” and “Bigger Discounts”. One of the most notable benefits we can get from this new program is Chase offers extra rewards for Chase Freedom Credit Card members with a checking account at Chase.

As we all know that the Chase Freedom Credit Card rewards 3% cash back or 3 points per $1 on the first $600 in purchases in the top 3 of 15 Everyday categories where you spend the most each month. However, if you have a Chase checking account, you can have 5 categories instead of 3 categories to be eligible for 3% cash back on the first $600 in purchases per month. That’s 2 additional Everyday categories. If you are an existing Chase Freedom Card member and have a Chase checking account, your Chase Freedom Card account will be upgraded to this new benefit in June 2008. A confirmation letter will mailed to you once your account has been upgraded.

The 15 categories are:

grocery stores (that are not affiliated with or departments of superstores, warehouse clubs or discount stores), gas & convenience stores, quick service payment/fast food restaurants, telecommunications, cable/satellite TV/Internet Service Providers, video rentals, department stores, dry cleaners, drug stores, movie theaters, local and suburban commuter passenger transportation (including ferries, bridges, tolls, parking garages, taxis/limos), pet supply stores and veterinary services, utilities, beauty shops (salons and spas), or gym/recreation memberships.

Of course, Chase is also offering other benefits to their checking account customers including better loan rates, higher CD rates, discount on home equity line of credit rates. You can also get 1 point for every $1 spent on your Chase debit card via Visa Extras Rewards Program.

If you are already a Chase banking customer but don’t have a Chase Freedom Card now, you’d better grab one. The offer can be found here.

I received an email from Victor about the new promotion from Chase Amazon.Com Visa Card. As I attached in this post, you can get $10 statement credit from Chase if you spend more than $100 from May 23 to June 19, 2008. This seems a new promotion from Chase Amazon Visa Card which has just terminated the previous promotion.

This is a great offer for Amazon.com card members. You can spend $100 not just at Amazon.Com but anywhere. So it’s equal to 10% off everything for $100 charged on this card. The $10 statement credit will be deposited to your account in about 8~10 weeks after the promotion period. Please note that the $100  doesn’t include balance transfers, cash advances, checks used to access to your account, interest and other fees that are not defined as purchases.

I haven’t received the postcard from Chase about this promotion. But, according to Victor who has already got the postcard about this promotion, there should be another version of this promotion—$25 statement credit for $100 charged on Chase Amazon.Com Visa Card. He told me that his roommate got the “$25 offer”.

Please keep an eye out for the postcard from Chase if you have the Chase Amazon.Com Visa Card.  I believe all of the Chase Amazon.Com Card membes will receive the promotion sooner or later.

If you’d like daily tips, thoughts, and suggestions on how to maximum your rewards and how to catch sign-up opportunities, subscribe to MyCardBlog for free by clicking this link.

This is a follow-up post of my previous “5 Grocery Rewards Cards That Can Save Money for You“. I personally like and use my Chase Freedom Card, as most of you know. (My Favorite Rewards Cards) I have already cahed $50 check from Chase Freedom Card in about 4 moths. I have looked at a lot of rewards cards in an effort to find one that gives my more cash rewards. As I only spend about $800 per month, the only one that best fits my spending profile is the Chase Freedom Card. Considering there is another great rewards card (Blue Cash from American Express) as I mentioned in my previous post, I simply did a math and made a comprison between Chase Freedom Card and Blue Cash from American Express. I hope this post will be of some help to you. Here is what I did:

Rewards Programs of These Two Cards:

Chase Freedom Card offers “dynamic rewards” program. You can get 3% cash back on 3 most spending categories from 15 preset rewards categories. These include grocery stores, drug stores, gas stations, TV/Cable service providers and so on. You can earn 1% cash back on everything else. Although there is no overall maximum on the amount you can earn , there is a maximum of $600 per month which can earn 3% cash back. Another feature of this card is once you accumulate $200 in your account, you can get $250! Yes, Chase will throw in another $50 bonus which makes the rewards up to 3.75% and 1.25% respectively.

Blue Cash from American Express offers a tiered rebate level, based on your total spending in a year. For the first $6,500 you charged on this card, you can only get 1.0% cash back on “everyday purchase” including grocery stores, drug stores and gas stations and 0.5% on everything else. Once you have spent more than $6,500 for the year, you can get 5% cash back on purchases at grocery stores, drug stores and gas stations and 1.5% on everything else. Obviously, this card is for the big spenders.

Assumptions about Your Spendings:

In order to make a simple comparison between these two cards, I have to make a few assumptions about your monthly spendings.

1. Charges are spread out consistently over the year. (This is an importatn factor when we talk about Blue Cash from American Express. The sooner you can get the $6,500 threshold, the more you can earn you cash back.)
2. You charge all your spendings on a single card. Yes, my suggested spending method is somewhat “combinationly”. But in this case, you charge all of the expenditure in a single card. For Chase Freedom Card, I assume that Gas, Grocery and Drug will be your 3 essential categories.

Results:

• For a total spending level of $1,000 per month, of which $500 is grocery, gas, and drug, the Chase Freedom Card will earn $240+$50=$290, while the Blue Cash from American Express will earn you $227.5. The winner is Chase Freedom!
• For a total spending level of $2,000 per month, of which $800 is grocery, gas and frug, the Chase Freedom card will earn $384+$50=$434, while the Blue Cash from American Express will earn you $653.75! The winner is Blue Cash for sure!

Through a simple comparison, you can see that for a relatively low level of spending, the Chase Freedom Card is a better choice for you. But if you charge a huge amout on a same card monthly, the Blue Cash Card is the best choice for you.

However, there’re more on this topic.

1. If you spend less than $1,000 per month, like me, I suggest you use Chase Freedom Card for 3 specific categories and get a Household/Orchard Bank Card with 2% cash back. In this way, your minimum rewards is 2%.
2. If you spend more than $1,000 per month, you can use Blue Cash Card for “everyday purchases” and use Chase Freedom Card to pay Cable/TV/Internet services and Wireless bills. In this combinationally spending method, you can really maximum you rewards.

In a word, Chase Freedom and Blue Cash from American Express are both very great rewards cards. You should find out which one best fit your spending profile.

Today I was notified by one of my reader here that Chase is offering $100 cash bonus for their business card members for spending $5,000 and more between May and June. This is really a good news for Chase business card members. It seems most business cards issued by Chase are eligible for this offer.

Here is a brief summary about this promotion.

1. Must be a Chase Visa Business Cardholder with active account with Chase.

2. You must register your Chase Visa Business card at https://www.chasebizbonus.com. They only need your credit card number.

3. Promotion period: May 1, 2008 ~ June 30, 2008.

4. All purchases spent on business card must be processed via Visa U.S.A. Inc.’s transaction-processing system. (Don’t worry about this, all visa cards are processed by visa network.) Following activities are not eligible: Cash advances, balance transfers, non-U.S.-dollar purchases, Interlink®-processed transactions, and purchases authorized by entering a personal identification number (PIN).

5. Bonus payment: The one-time $100 cash bonus will appear in your monthly statement within 6~8 weeks after this promotion.

6. Eligible Business Cards: Chase Visa Business Cards (Chase Business Rebate Card, Chase Platinum Card, Chase Business Cash Rewards Visa Card), Chase Amazon.Com Business Card, Chase Office Depot Worklife Rewards Visa Business Card, Chase Southwest Airlines Rapid  Rewards Visa Business Card,  Chase Marriott Rewards Visa Business Card, Chase Priority Club Rewards Visa Business Card and Chase United Mileage Plus Platinum Visa Business Card.

Overall: Eligible Chase Visa Business Credit card cardholders who are registered to participate in this promotion will receive a one-time $100 cash bonus credited to their account on total eligible Visa purchases of $5,000 or more made with an eligible Chase Visa Business Credit card associated with their account at a merchant location in the United States during the Offer Period. Purchases must be made at a participating merchant location with an eligible Chase Visa Business Credit card that is in good standing and issued in the U.S. and processed through Visa U.S.A. Inc.’s transaction-processing system during the Offer Period. The maximum total amount of cash bonus allowed per account is $100, regardless of amount of total eligible purchases.

Chase Amazon.Com Business Card is easy to get which is still offering $30 bonus. Another great Chase business card is Chase Business Rebate Card. This card offers 3% cash back at gas stations, restaurants, office supply stores, hardware stores, building supply stores and home improvement stores. It’s really like the popular Chase Freedom Card which offers 3% cash back dynamically.

This $100 bonus is an easy money to earn. You know how to get the $100 with minimum cost? Yes, you can buy some gift cards for future use if you can’t spend $5,000 before the deadline. This promotion was sponsored by VISA again!

J. P. Morgan Chase is currently the third largest banking institute in the United States, behind Bank of America and Citigroup. As a customer of J. P. Morgan Chase, I really like the financial product and service from Chase. We have seen a lot of banking promotions from Chase recently. Today I make a brief summary of current banking promotions from Chase and I hope this will be of some help to you.

1. Chase Free Checking Account (personal account): Currently the sign-up bonus for this account is $100 or $125 (this post). In order to receive the bonus, you have to bring a printed coupon to a local Chase branch and make a $100 initial deposit in this new account. Direct deposit is required in order to receive the bonus and get your monthly fees waived. (If you don’t want to deposit your salary to this account, you can refer to this post and use PayPal or ING Direct to make direct deposit.) If you can find a $25 referral coupon, don’t forget to let your banker put in the coupon code. Some one even reported that they received $200 coupon for opening a Free Checking Account at Chase. But it’s highly YMMV.

I got a link to generate coupon for you—Chase $125 coupon (expire on 04/30/2008) You can click it and it will generate a coupon code for you every time you reload or refresh that page. Here are some codes for you future use:

3204174000563462

3204174000563761

3204174000563822

3204174000563882

3204174000563943

3204174000564006

This link lead you to online application page with $100 bonus (no coupon code is needed and expire on 05/31/2008).

2. Chase Check Card Promotion: You can get $25 account credit for every $250 purchase made with your Chase check card before June 15, 2008. The maximum account you can get is $75. NOTE: qualifying purchases mean no-PIN purchase. You can refer to my 2008 Chase Check Card Promotion and Update on 2008 Chase Check Card Promotion for more details.

3. Chase Business Checking Account: $200 sign-up bonus is offered to those open a Chase business checking account with $500 initial deposit. The process is quite simple. Take the business related documents with you and open a Chase Business Checking account at any Chase branch. The only requirement is that you must deposit a minimum of $500 or more within 30 days of account opening. Coupon code is required. (link is here)

4. Chase Freedom Card: $50 sign-up bonus is available to all new Chase Freedom Card members. The dynamic rewards program and famous Chase Rewards Plus program make the Chase Freedom a really hot card in the credit card market. Chase Freedom is also the most popular credit card among Chase credit card products with more than 1.5 million card members.

5. Chase Freedom Card promotion: $10 or 1,000 points bonus for using blink with your Chase Freedom Visa Card. I just released this information yesterday. It seems this promotion is targeted to certain customers and is only available to visa card holders.

6. Chase Visa Card Promotion: Use your Chase Visa Card (credit card, debit card, ATM card) and win a free trip to 2008 Beijing Olympic Games! This “You Could Take Part in it All” promotion is run by visa network. Every time you use your Chase visa card, you will automatically enrolled in the sweepstakes. The winners will be announced on 05/15/2008.

7. Chase Picks Up the Tab: Chase “Picks Up The Tab” is another promotion that Chase Check Card holders can take advantage of. What’s “Picks Up The Tab”? Briefly, “Picks Up The Tab” means Chase will pick up the cost for every 500th check card purchase made without using a PIN up to $200. The promotion will last from 04/01/08 to 06/30/08. (After this time period, you new promotion will come out again.) No-PIN purchase is required to be eligible for this promotion. Enrollment is also required. (see this post for more information)

Enjoy the money games from Chase!

One of my readers scanned a mail from Chase and sent it to me yesterday about this promotion. I haven’t received any information about this promotion and it seems this is a targeted offer. Make 3 purchases with your Chase Freedom Card using “blink” by June 6, 2008 and you will receive either $10 or 1,000 bonus points depending on your rewards program. (card earning cash back will get $10 and cards earning points will get 1,000 points) This is a new promotion targeted to all Chase Freedom Visa Card Members (MasterCard version doesn’t have blink feature.). Actually, all Chase Freedom Cards come with “blink” technique which will render your checkout in a more convenient way.

Here is detailed procedures:

1. Shop at participating merchants. You can use blink at thousands of places. Visit chaseblink.com for a complete list of merchants that accept Visa payWave. Just look for this symbol on the reader at checkout.

2. Wave your card in front of the secure reader to complete your purchases. You don’t need to swipe your card, and there’s no signature required for most purchases under $25. (It seems Chase Freedom Card doesn’t require signature for orders under $25 now even you don’t use blink.)

3. Get a $10 statement credit. Your account will be credited on a future statement once you complete 3 blink transactions between now and June 6, 2008. (Only transactions made with the Visa payWave feature during the promotional time frame are eligible for this offer. Visa payWave transactions occur when the card is waved in front of the secure reader at checkout. The reader will indicate that the Visa payWave transaction has been processed. Transactions not eligible for the offer include swiped transactions, online transactions, PIN, ATM and other transactions not processed over the Visa network.)

Chase ran the similar promotion about blink in last September. For this new promotion, there is no signing up necessary and the blink feature is built in and this promo is for all Chase Visa Freedom cardholders. (MasterCard doesn’t have blink feature.) Since I haven’t received the email, I called Chase Freedom Card customer service and was told that I should receive an mail if I am eligible for this offer.

For locations that accept “blink” payment, you can click here.

Chase is also promoting their “check credit card” which will give you $25 cash back for spending over $250.