Is Chase killing off Leisure Rewards program
Our post some time ago on the points changes (read, devaluation) for the Chase Leisure Rewards program has generated quite a few comments, including one containing this helpful information:
Ok, here’s the really important thing: He said the program is ending in July. I asked if I needed to cash out my points before them. He said no. I didn’t believe him; I’m going to redeem them before July. He told me that if I want to keep earning points I should use my Chase Freedom Mastercard. I told him that I’m not going to go further into debt just to win points. He didn’t know what to say to that.
More clarification is necessary on whether they are killing off the entire program or just for some cards (i.e. debit cards).
Use those points or lose them.
Fees & charges | admin March 9, 2011
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By coakl, March 15, 2011 @ 12:28 pm
All debit card rewards programs are being ended. No more points will be earned but you can redeem your existing points.
The exception is a small number of high-end customers who will continue to accrue rewards (e.g. $75K on deposit with Chase)
There are no changes to *credit card* rewards.