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Thread: Chase 1099 for referral & other bonuses: paperless, retention, etc [Consolidated]
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Old Feb 5, 2019 | 11:57 am
  #20  
restrictonthehanger
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Originally Posted by Caribgrl
What's next 1099's on signup bonuses...?
Originally Posted by thunderlounge
As those have a spend requirement attached (even if it is to just make a purchase) they are considered a rebate and not taxable.

If referral bonuses had similar language then it would also not be taxable. So if you were required to also have made a purchase on your card in the same month you had a referral, that “should” be enough to stop this.

It would also save card issuers the money to trsck/process/mail all of these.
I got one in the mail yesterday that had both a signup bonus and a referral bonus listed. I'm going to request removal of the signup bonus, since it did have a spending requirement attached
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