Chase CO Debit Card Earning extension
Jun 5, 2011, 5:37 am
#1
Original Poster
Join Date: Aug 2004
Location: The Jersey Shore
Programs: UA 1MM, UA 1K, SPG Plat, Yfirst gold, Hyatt Plat, Avis Plat.
Posts: 309
Chase CO Debit Card Earning extension
My banker at Chase told me he had heard a rumor that The Durbin Act might be delayed and that Chase debit cards might continue to earn millage past the july deadline. Has anyone else heard anything similar?
Jun 5, 2011, 7:59 am
#2
Join Date: Nov 2010
Location: شمال أمريكا والعالم العربي - N America + Arab World
Programs: *A, SkyTeam
Posts: 45
I met with one yesterday and she informed us it would be done in July, FWIW.
Jun 5, 2011, 8:18 am
#3
Join Date: Dec 2010
Location: Austin, Texas(Best Airport Food in the World)
Programs: UA 1K, CO Pres? Plat, Marriott Plat, Hilton, Avis, Hertz
Posts: 329
Any reference to Durbin is speculation. But yes, if repealed, it could change that.
Jun 5, 2011, 10:20 am
#4
Join Date: Jun 2007
Programs: UA 1K, Hilton Gold, Marriott Silver
Posts: 315
I hope so, I like getting points from my debit card 
Jun 10, 2011, 4:55 pm
#5
Suspended
Join Date: Aug 2010
Location: DCA
Programs: UA US CO AA DL FL
Posts: 50,262
All over. Senate declined to amend Dodd-Frank and the new limits on debit interchange fees go into effect as planned. Means the end of awards associated with debit cards, including miles. Some banks may take up to another 6 months, but not worth switching.
Bad idea to use debit to pay for future services such as air travel anyway. Credit card purchasers protected in bankruptcy while debit are not.
Bad idea to use debit to pay for future services such as air travel anyway. Credit card purchasers protected in bankruptcy while debit are not.