Originally Posted by Happy

I got similar answer when I ask when is the anniversary date for the cap to reset - except it is one month different from the answer you got - this is the SM answer I got for my Ink Cash card opened on Aug 2012, after I made them to explain further why instead of Aug, my anniversary date to reset the cap is in Sept?

<<I see that your account was opened on August 14, 2012.
hence, your next anniversary starts on September 13, 2017.
Annually means the year beginning with the account open
date through the first statement after the anniversary of
your account open date, and each twelve billing cycles
thereafter.

"Annually" is referred to the word used in the description of bonus category earning, as in the text below:
<<Rewards cap:
-- 5%: $25,000 annual cap on accelerated earn for net
purchases. Maximum additional point accumulation on net
purchase is 100,000 points annually*

-- 2%: $25,000 annual cap on accelerated earn for net
purchase. Maximum additional point accumulation on net
purchase is 25,000 points annually*

-- 1%: No cap>>

The SM rep answered my question on the Ink Plus did not give the exact dates, but did give the exact words on the bolded part above.

So, due to the clock starts from the 1st statement date, versus the account opening date, the ACTUAL Anniversary Date used by Chase is ONE month AFTER the account open date.

HOWEVER, when I called, the phone rep gave me the account opening date as the anniversary date for the cap calculation purpose.
BUT, I do NOT trust what this rep said as when she read me the benefits of the Ink Cash card, she gave me 3% on Telecom, Office Supplies, Dining, and Home Improvement Stores. This is NOT what my Ink Cash card's benefits are! So I dont think the phone rep even know how to calculate the anniversary date for the Ink cards in general.

Originally Posted by Tofe

Thanks for sharing. I got that very similar description about the anniversary (copied and pasted below):

"Account anniversary year? means the year beginning with your account open date through the first statement after the anniversary of your account open date, and each twelve billing cycles after that."

The reason I was inquiring was because I am currently maxed for 5% categories and wanted to hit up the OD/OM deals going on this week. I guess I will just have to wait it out.

Originally Posted by Happy

Well, this might be a good chance to use other cards that dont have bonus category but the currency is still valuable, such as SPG, at essentially no cost.

Originally Posted by TechBBBFan

People keep posting that they are seeing how their Ink Cash and Ink Preferred purchases are coded. I can see that when I click "see details" for my personal accounts, but that doesn't work for the business cards. Anyone know what I'm doing wrong? Thanks.

Originally Posted by vm81

Go to UR portal for the card and review transaction detail. It should give you the detail there.

Originally Posted by washeelers747

too easy to see why Amex is losing customers like me. They blocked transfer to Virgin Atlantic, then identify security team DEMAND me to go bank to get the form notarized as proof of identify. It's unacceptable that they are using cheap tactic to stall transfers by using 1990s security method.

I am going to burn rest of my remaining MR balances, then close it out and going to stay with Chase all the way.

Originally Posted by GeorgeLopez

Chase is the king and there are easy ways of getting around 5/24 which hurt some folks.

Originally Posted by mikesyr18

The only ways I know of are:

1) Getting one of their co-branded cards (i.e: Amazon or Southwest)
2) Getting a preapproval in a branch, which isn't a guarantee or easy.

Originally Posted by GeorgeLopez

I'm not even talking about the co-branded cards, Southwest is subject to 5/24 by the way.


Preapprovals are easy to get. Go open a Chase business checking account with an EIN. You can probably get a business banking bonus as well. Then wait a month or two and check for pre-approvals. You should be approved for both the Preferred and the Cash cards.


About a month ago, I received an invite in the mail to apply for the Freedom Unlimited. I applied and mailed it in (not online), and the new account showed up in my Chase online after about 10 days.

Originally Posted by mikesyr18

I don't own my own business, so it wouldn't make sense to open a business checking account... I'd just be throwing money away in fees as the minimum requirements are too unrealistic for the average customer (like me).

Originally Posted by GeorgeLopez

It's very cheap to incorporate even with a fake business. You can do it online. Chase regularly offers a $200 - $500 bonus to open a Chase business checking account which would offset your incorporation fees. Then wait 1 or 2 months and you'll be pre-approved for Ink Preferred and Ink Cash cards.