Discontinuing 7% Annual Points Dividend

After 12/31/2015, you will no longer earn the 7% Annual Points Dividend. You will be awarded your final 7% points dividend in early 2016. You can still continue to enjoy the many other ways to be awarded rewards such as 2X points on travel and dining and 1 point on all other purchases

LINK

This was one of the biggest selling points of the card. Now that they are discontinuing it, what's the point in having it?

I think I'll be in need of another credit card in the near future.

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Posted by Teddy Ruxpin

Member since Oct 2006

39607 posts

Posted on 9/4/14 at 2:51 pm to Hammond Tiger Fan

quote:
Now that they are discontinuing it, what's the point in having it?

To transfer your points to airline partners to get the best redemption value.

Of course, if you have another chase card that does that/or used up your points and don't want UR any more, go ahead and downgrade it

This post was edited on 9/4/14 at 2:52 pm

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Posted by Lsut81

Member since Jun 2005

80232 posts

Posted on 9/4/14 at 3:19 pm to Hammond Tiger Fan

quote:
Discontinuing 7% Annual Points Dividend

I posted this in the big thread a few weeks ago when I got the email.

However, I thought it ended this year, not next year

Either way, I will be downgrading the guard. No reason to pay the annual fee for just 2xs when I can get similar on other cards with no fee

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Posted by LSUAfro

Baton Rouge

Member since Aug 2005

12775 posts

Posted on 9/4/14 at 6:41 pm to Hammond Tiger Fan

I'll be downgrading the CSP at 1 year as well but not because of the loss of dividend but because I only need to pay for 1 chase card that had the ability to transfer and that's the ink card.

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