False Alarm on Two Great Credit Card Changes
With Chase eliminating the 7% annual points bonus from their Sapphire Preferred Card after first removing the benefit from their marketing materials, it became easy to speculate when seeing other benefits disappear from the Chase website.
I actually believe that — for me, and folks like me although this depends on spending and travel patterns — that the changes to the Chase Sapphire Preferred Card are a net positive. The introduction of a primary collision damage for all Sapphire Preferred cardholders is a great benefit. And I think it’s more than fair that existing cardholders keep their 7% annual bonus through all of 2015.
But speculation about change is scary, and also what we do with the lifeblood of miles, points, and travel.
Doctor of Credit tweeted me on Sunday about two Chase products.
It appeared that the Fairmont hotels co-brand Visa had disappeared. Click on the link from the Fairmont site, and you’d get re-directed to the Chase website and not taken to that card.
And the 10% annual points bonus for Chase Freedom Card cardholders who also have a Chase checking account was apparently missing as well.
I reached out to Chase who:
- Points out to me that the card link on the Fairmont website is again working. So false alarm.
- The Freedom Card is still included in the Chase Exclusives program, and the annual 10% bonus on points earned is still listed there:
While no guarantees in any case about the future, it looks like these issues from over the weekend were false alarms.
Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either.
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