Author Topic: Misc Credit Card Questions  (Read 1865504 times)

Offline Samb

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2020
  • Posts: 237
  • Total likes: 24
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Next to coffee
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

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 976
  • Total likes: 37
  • DansDeals.com Hat Tips 8
    • View Profile
  • Location: NY
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

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2020
  • Posts: 237
  • Total likes: 24
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Next to coffee
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

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 976
  • Total likes: 37
  • DansDeals.com Hat Tips 8
    • View Profile
  • Location: NY
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

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2020
  • Posts: 237
  • Total likes: 24
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Next to coffee
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

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 976
  • Total likes: 37
  • DansDeals.com Hat Tips 8
    • View Profile
  • Location: NY
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

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2020
  • Posts: 237
  • Total likes: 24
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Next to coffee
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

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 976
  • Total likes: 37
  • DansDeals.com Hat Tips 8
    • View Profile
  • Location: NY
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.

Online etech0

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 12862
  • Total likes: 3317
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: not lakewood
  • Programs: DDF
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 coffeebean

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2018
  • Posts: 3002
  • Total likes: 817
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
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

Online etech0

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 12862
  • Total likes: 3317
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: not lakewood
  • Programs: DDF
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 coffeebean

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2018
  • Posts: 3002
  • Total likes: 817
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9371 on: July 30, 2020, 11:22:39 PM »

Online etech0

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 12862
  • Total likes: 3317
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: not lakewood
  • Programs: DDF
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 coffeebean

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2018
  • Posts: 3002
  • Total likes: 817
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
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

Online etech0

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 12862
  • Total likes: 3317
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: not lakewood
  • Programs: DDF
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.

Offline Samb

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2020
  • Posts: 237
  • Total likes: 24
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Next to coffee
Re: Misc Credit Card Questions
« Reply #9375 on: July 30, 2020, 11:54:50 PM »
Yes, but rep told me I had until September to close card and still receive my annual fee credit in full.
interesting, its usually just 30 days

Offline coffeebean

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2018
  • Posts: 3002
  • Total likes: 817
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9376 on: July 31, 2020, 12:20:19 PM »
Why were my Amex MR points from a different business and new login merged with my personal account?

Offline as2

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 5671
  • Total likes: 917
  • DansDeals.com Hat Tips 24
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9377 on: July 31, 2020, 12:32:27 PM »
Why were my Amex MR points from a different business and new login merged with my personal account?
None of that makes a diff if the MR accounts are linked.
Memories last forever, make them while you can.

Offline coffeebean

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2018
  • Posts: 3002
  • Total likes: 817
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9378 on: July 31, 2020, 12:35:49 PM »
None of that makes a diff if the MR accounts are linked.
Why was it linked in the first place though?

Offline as2

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 5671
  • Total likes: 917
  • DansDeals.com Hat Tips 24
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9379 on: July 31, 2020, 12:37:57 PM »
Why was it linked in the first place though?
Same name and SSN?
Memories last forever, make them while you can.