Comments on: Double Check Your Cashback Credit: Chase Mistake

By: Patrick

Patrick — Thu, 28 Aug 2008 12:11:40 +0000

Great article Jim. I just checked my statements to make sure that I was receiving the 3% on my top three categories. Most companies including credit card companies will try at all costs to try not giving away freebies. This just shows that it’s always a good idea to keep an eye on your statements.

By: lierne

lierne — Thu, 28 Aug 2008 04:44:14 +0000

Hey Nick,

I have one of these cards too and the bonus points are broken out onto a separate line in the rewards summary on the statement.

There’s a line for “rewards earned on purchases” and another for “bonus earnings on x, y, z”, where x, y, and z are your reward categories. Presumably if your bonus line was $0, you would know there was an error.

By: Nick

Nick — Wed, 27 Aug 2008 23:38:34 +0000

Thank you for the article!

I’ve received the cash back check for $250 once already and just reached another $200 in rewards and so plan on getting another refund in the next couple of weeks.

One question I had though, was how do you know if Chase is selecting the top 3 categories and if they are giving you 3% back on them? Do you calculate, by hand, your % rewards for each statement?

By: See My Money

See My Money — Wed, 27 Aug 2008 16:17:42 +0000

I have this card as well. So far everything seems to be working OK. I am about $3 away from the $200 to collect my $250. I hope I actually receive what I am expecting.