$200.! That's great! Glad you noticed things had changed.

DH saw that that we had 14000 points on the credit card we are planning to cancel (not a Chase card). I didn't think we'd be able to get anything decent, but when I took a look at the redemption site I was surprised that we were able to get $100. worth of gift cards.

Check your points!

i have been hearing alot of credit card companies have changed their points policy. i don't use credit cards so i haven't paid much attention to this. i did read about Chase or BOA loosing their NFL agreement and the card holders who have accumulated points to use for NFL tix, merchandise or training camp vacations suddenly had 1 month to use all their points and it's not even football season yet! this caught my eye because we have several bears season tix that are sold off online to people who use their points. ~ liz

forgot to mention...i wonder how exactly they will be handling that cash payout situation.... get enough $$ back and amazon has to file w IRS and receiver pays tax on it. if amazon considers it a "bonus" then you will get an IRS form to pay tax on it too. ~ liz

Lydia, I just wanted to mention that canceling a credit card can adversely affect your credit score. Makes no sense to me, but that's apparently the way it is. (This is why I have a couple of unused credit cards.) I think there may be a way to handle the cancellation that avoids this, but I'm not sure. Perhaps you should check it out before canceling.

I have an Amazon card and will be eagerly looking for some cash back!

Alisande, I know. I don't care, but DH does. This is the credit card company that allowed an old canceled card to be used and the purchases were put on our new card! They are the ones who canceled the old card in the first place because of "suspicious activity".

So it's cancel the card or keep it and maybe get more fraudulent charges? I don't know. I think I'd rather have a lowered credit score instead of having to deal with getting charges removed off my account.

When I cancelled my Chase card, (they had taken over other bank) a couple of years ago, I asked for confirmation to be sent by mail, which they did. They then sent another cc, unasked. I was so mad and will have nothing to do with Chase.

Yep, I remember getting that from Amazon a few months ago. It takes me a long time to get a reward because I use it so infrequently.

Thanks Alisande, I ordered four $50 certificates. That was easy! I knew I could go look but this thread encouraged me to do it now. Wish I had done it sooner, we will be in an over priced rental car this week, that cert would have come in handy!

alisande
My Chase card has always accumulated the points and I cash in when I want to.

I just cashed in my $50 cash back bonus award with Discover. They did a direct deposit into my bank account. :0) That's what I used as an excuse to go shopping....and buy this ceramic garden stool...:0)

Years ago I had $13,000 owed on a Discover card. Their "rewards" plan gave me two $100 gift certificates for Macys, which I gave as Christmas gifts to my two ultra-picky sisters in law. Since then, I've received no offers from discover. I wonder if they've ended their "rewards' program? Well at least I no longer owe them $13,000!!!

jannie.....Discover still gives 1% cash back and I signed up for the 5% cash back on certain items.....check your online account or last statement...it keeps track of your bonus points.

I'll check my next bill, thanks Nicole.

Thanks for posting this, Alisande! I was just wondering the other day why I haven't received any certificates in a long time.