Chase to Discontinue Miles for Debit Cards July 12, 2011
As a Chase banking customer, this announcement came as terrible news - they will discontinue awarding miles for debit card purchases as of July 12, 2011. But, at least there are a ton of other lucrative credit card offers out there (check my Top Deals page) and I've heard rumblings that there may be an amazing new offer coming soon (rest assured, I'll announce it here if it happens to be true).
Since having good credit is a huge centerpiece in building a robust points and miles strategy, check out this post where wrote about ideas for improving your credit if you don't have a good enough score to qualify for a credit card.
Anyway, this just goes to show that you need to get in on deals while the gettin' is good! I earned over 100,000 Continental miles from signing up for $180 in debit cards (two sets of personal and business cards - each with a 25,000 miles bonus). I wrote about these offers extensively and I know many of you got in the action as well.
While I mourned the loss of the debit option for a quick second, it's on to the next deal for me. That's the way you have to be as a serious points and mile hound!
[card card-name='Chase Freedom®' card-id='22125634' type='javascript' bullet-id='1']
TPG featured card
at Bilt's secure site
Terms & restrictions apply. See rates & fees.
| 1.25X | Earn up to 1.25X points on rent and mortgage payments with no transaction fee |
| 2X | Earn 2X points on everyday purchases |
Pros
- Earn up to 1.25 Bilt Point per dollar spent on rent and mortgage payments
- Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
- $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
- $200 Bilt Cash annually
- Priority Pass membership
- No foreign transaction fees
Cons
- Moderate annual fee
- Designed primarily for members seeking a premium, all-in-one card
- Earn up to 1.25X points on rent and mortgage payments with no transaction fee.
- 2X points on everyday spend
- $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
- $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
- Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
- Priority Pass ($469/year value). See Guide to Benefits.
- Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.
- Earn additional points through Bilt Neighborhood Benefits™ when you use your card at Bilt's network of 50,000+ merchant partners.