Chase Sapphire Preferred is cutting 7% annual bonus
Jul 31, 2014, 9:11 am
#1
Original Poster
Join Date: Oct 2010
Location: Chicago, IL
Posts: 488
Chase Sapphire Preferred is cutting 7% annual bonus
Just got an email from them
What’s Changing:
Increased trip cancellation insurance coverage to a maximum of $10,000*
Enhanced auto rental coverage*
New and improved Chase.com/UltimateRewards
Discontinuing 7% Annual Dividend after 12/31/2015
Changes to the Ultimate Rewards℠ Program
What’s Changing:
Increased trip cancellation insurance coverage to a maximum of $10,000*
Enhanced auto rental coverage*
New and improved Chase.com/UltimateRewards
Discontinuing 7% Annual Dividend after 12/31/2015
Changes to the Ultimate Rewards℠ Program
Jul 31, 2014, 10:19 am
#2
Join Date: Apr 2008
Programs: amex platinum, american advantage, united, ANA, JAP. SPG, marriott
Posts: 1,257
Current cardholders will be grandfathered in through February 2016.
Jul 31, 2014, 10:28 am
#3
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,959
Jul 31, 2014, 10:29 am
#4
A FlyerTalk Posting Legend
Join Date: Feb 2001
Location: Berkeley, CA USA
Programs: Piggly Wiggly "Shop the Pig!" Preferred Shopper
Posts: 57,084
Oh well. It was fun while it lasted -- especially what is effectively a 14% annual bonus on travel/dining spending ($1 spent = 2 points; 2 x 0.07 = 0.14 bonus points).
Jul 31, 2014, 11:52 am
#5
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,089