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Home > Chase. Wait.

Chase. Wait.

January 12th, 2013 at 05:19 pm

I'm waiting for our most recent Chase Sapphire credit card statement to close in order to receive our bonus reward of $400. The statement should close on Monday.

Currently we about $30 in rewards. So with the bonus, we should have $430+ in rewards to redeem. My plan is to have the rewards credited to the account, rather than receiving a check. I will then use the money I would have sent to Chase towards are truck loan. It doesn't quite feel the same as receiving a check, but it really is the same thing. The checks just take to long.

I closed the first Chase Sapphire card this last week. They mailed a special envelope to return the cards since they have metal embedded into them. It's been so funny to hand the card to cashiers who clearly notice the difference in the card because of the metal. I actually inquired as to how to destroy the cards, which is when they offered the mail in option to destroy the cards. Now I have to find what I did with them!!

We will close the current Chase Sapphire cards next month to make sure we don't get hit with their annual fee. Anyone know of any decent reward offers right now? I did see one somewhere that was for $250 in gift cards, but can't remember which one that might be. I tend to like cash, so I did ignore it, but wondering if I should consider it.

5 Responses to “Chase. Wait.”

  1. patientsaver.com Says:
    1358014421

    have you done amex premier rewards yet? they had been doing n$250 in GCs

  2. Looking Forward Says:
    1358015199

    You can sell the GC on Plastic Jungle (or similar). I did that last year. Just look to see which GC redeem for the largest %. If I recall I "sold" $250 in GC for $224 in cash??

  3. Petunia 100 Says:
    1358018936

    You can transfer rewards points between Chase accounts. You could then redeem them for a statement credit and keep more of your cash to pay towards the truck loan.

  4. creditcardfree Says:
    1358019975

    @LF, I will keep the gift card sites in mind.
    @Petunia, yes, that is what I am doing...a statement credit, and I have combined the rewards too.

  5. PNW Mom Says:
    1358031832

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