Author Topic: Misc Credit Card Questions  (Read 750792 times)

Offline Samb

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Re: Misc Credit Card Questions
« Reply #9360 on: July 26, 2020, 08:52:43 PM »
Canceling a chase card 3 months after opening and after new card bonus posted, can/does Chase claw back sign-up bonus points? Rep says Chase will not retract, as I met spend (terms) for bonus. Anyone out there with a different dp? It's the club infinite card.

Wasn't planning on churning (soonest I ever closed a Chase card was 2-3 years after applying, many of my (churnable) Chase cards are 6-10 years old on avg.)
Since clubs aren't open though, and the only offer to offset the hefty $525 fee is a $100 statement credit, I am considering cancelling.
 
Am I risking my sign-up bonus points if I cancel?
points will not be clawed back, Highly recommended to wait 12 months before canceling so you don't mess up your chase relationship.

Offline Elikip

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Re: Misc Credit Card Questions
« Reply #9361 on: July 26, 2020, 11:10:12 PM »
points will not be clawed back, Highly recommended to wait 12 months before canceling so you don't mess up your chase relationship.
Goal is avoiding $525 fee as there's nothing redeeming for me with this card. I'm not able to take advantage of a single benefit, especially the primary benefit this card is marketed for- namely, clubs/lounges.
My relationship otherwise is pristine. No churning. Pay in full, in time.
« Last Edit: July 26, 2020, 11:48:35 PM by Elikip »

Offline Samb

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Re: Misc Credit Card Questions
« Reply #9362 on: July 27, 2020, 12:10:18 AM »
Goal is avoiding $525 fee as there's nothing redeeming for me with this card. I'm not able to take advantage of a single benefit, especially the primary benefit this card is marketed for- namely, clubs/lounges.
My relationship otherwise is pristine. No churning. Pay in full, in time.
You can avoid the fee by canceling the card after 12 months - within 30 days of the fee being charged

Offline Elikip

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Re: Misc Credit Card Questions
« Reply #9363 on: July 28, 2020, 08:11:01 PM »
You can avoid the fee by canceling the card after 12 months - within 30 days of the fee being charged
Of course, but we're talking the 2020 fee :)

Offline Samb

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Re: Misc Credit Card Questions
« Reply #9364 on: July 28, 2020, 10:01:12 PM »
Of course, but we're talking the 2020 fee :)
how are you getting that back if you already have the card for a few months?

Offline Elikip

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Re: Misc Credit Card Questions
« Reply #9365 on: July 28, 2020, 11:54:23 PM »
how are you getting that back if you already have the card for a few months?
my mistake, I opened it in May, so it isn't 3 months yet.

Offline Samb

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Re: Misc Credit Card Questions
« Reply #9366 on: July 29, 2020, 12:04:02 AM »
my mistake, I opened it in May, so it isn't 3 months yet.
is it 30 days from when the annual fee was billed?

Offline Elikip

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Re: Misc Credit Card Questions
« Reply #9367 on: July 30, 2020, 06:16:04 PM »
is it 30 days from when the annual fee was billed?
Yes, but rep told me I had until September to close card and still receive my annual fee credit in full.

Offline etech0

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Re: Misc Credit Card Questions
« Reply #9368 on: July 30, 2020, 11:13:20 PM »
When transferring amex points to hotel points, is it instant or does it take a few days?
Workflowy. You won't know what you're missing until you try it.

Offline avrohomgelb

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Re: Misc Credit Card Questions
« Reply #9369 on: July 30, 2020, 11:20:03 PM »
When transferring amex points to hotel points, is it instant or does it take a few days?
Depends on hotel

Offline etech0

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Re: Misc Credit Card Questions
« Reply #9370 on: July 30, 2020, 11:21:15 PM »
Workflowy. You won't know what you're missing until you try it.

Offline avrohomgelb

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Re: Misc Credit Card Questions
« Reply #9371 on: July 30, 2020, 11:22:39 PM »

Offline etech0

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Re: Misc Credit Card Questions
« Reply #9372 on: July 30, 2020, 11:24:14 PM »
Workflowy. You won't know what you're missing until you try it.

Offline avrohomgelb

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Re: Misc Credit Card Questions
« Reply #9373 on: July 30, 2020, 11:25:21 PM »
This question came up a few times I always check this article https://thepointsguy.com/guide/american-express-membership-rewards-transfer-times/ he has one for Chase too

Offline etech0

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Re: Misc Credit Card Questions
« Reply #9374 on: July 30, 2020, 11:33:11 PM »
This question came up a few times I always check this article https://thepointsguy.com/guide/american-express-membership-rewards-transfer-times/ he has one for Chase too
nice!
Workflowy. You won't know what you're missing until you try it.