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 Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Pros
- The Capital One Venture X business card has a lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
- Top rated mobile app