Debt & Money Discussion at CreditMoneyBlog.com

Chase Bank is offering a Summer bonus to stimulate your spending in July, August, and September. This is a welcomed bonus at a time that everyone is cost cutting and looking for ways to save on summer travel.

The 2% bonus came in the mail to me as a folded up mailer but it made me jump up and down when I saw I could save 2% back – at that time I thought it was on everything I spent. I should have known Chase was not in that good of a mood when they sent me the mailer. I looked at the fine print and discovered that it is only 2% back or double rewards on “Vacations” such as airfares, car rentals, and hotels. Which is better than nothing.

Although it does get worse. When I looked more at the fine print I noticed that my Chase Freedom card double promotion was only good up to $50 in bonus rebates which is close to $5,000 in spending. I was hoping to use the card in Europe so that will help some with the huge transaction fees that Chase and Visa/MasterCard allow compared to a Capital One card.

The up to $50 back is better than the Summer offer from Discover card which only gives you up to $400 in spending at the 5% Cash Back or maybe it kind of equals out since the Discover offer is at 5% but allows less.

The cards featured in the Chase Summer promotion of double rewards are the AARP, American Kennel Club, Chase Freedom Card , Disney Rewards, Sony Card, Amazon, British Airlines, Mary Kay Visa, and various Chase rewards cards.

If you have been seeing charges for rewards on your credit card you may want to call your credit card company immediately and dispute them.  There are a few things the charges could be including a charge from the actual card you are using.  Chase credit cards allows a third party to bill your credit card for rewards programs that really amount to nothing and their are other offers that are really dirty.

If you have went to the movies recently using Fandango or MovieTickets.com or maybe on some other sites there may be a pop-up window that asks you to save $10.  Advice from The Consumerist warns users not to enter your email address because the fine print sets you up on a Webloyalty monthly subscription service.

Your credit card statement may say RESERVATION REWARDS NORWALK
SHOPPERDISCOUNT.COM NORWALK, or WLI*.   You may call to cancel at 1-800-889-8776 and they will issue you a refund.  If that does not work then contact your credit card directly and dispute the charge.