Chase: $5 statement credit for going paperless [Targeted / YMMV]

I don’t know how widely available this will be, but my wife received an offer today when logging in to her Chase account to receive a $5 bonus for going paperless on one of her accounts. Truth be told, she hadn’t used that account in a while and we therefore hadn’t realized it wasn’t set up for paperless delivery. This is probably targeted, but the terms indicate that you are limited to one $5 statement credit per year, so it’s possible that this pops up periodically.

The Deal

  • Chase is showing a targeted offer upon login to get a $5 statement credit when enrolling in paperless statement delivery

Quick Thoughts

While this may not happen for everyone, it’s something to keep an eye out for. I usually just look to skip past any pop-ups during the login process.

Two things stuck out as interesting to me: first, it notes that there is a limit of one bonus/premium per customer, per calendar year. That’s interesting because it makes me wonder if changing to mail delivery for a month or two might trigger it again in the future.

The second interesting thing was that it allowed her to choose which account she would like to receive the $5 bonus. In other words, it she didn’t have to receive the $5 bonus on the account that is going paperless. That’s useful since she got the offer on a Southwest card that she doesn’t ever use, but she was able to go paperless on the Southwest account and apply the $5 offer to her Sapphire Reserve account.

It’s only a $5 win (plus a win for the environment), but it certainly didn’t take long to accept it.

One final note: you’ll see in the terms that they clearly state that they may send you a 1099 for this. After the 1099’s sent for referral bonuses, you’ll want to keep your eye on the mail next year and make sure they don’t add any extra zeros.

About Nick Reyes

Nick Reyes is a (fairly) regular guy with an animalistic passion for maximizing the value of miles and money to travel the world in comfort and style. There is little in life that he loves more than finding a fantastic deal and helping you shop smarter & harder to achieve your travel dreams.

More articles by Nick Reyes »

Regarding comments: Comments posted at the bottom of Frequent Miler pages and posts are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

3
Leave a Reply

avatar
3 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
0 Comment authors
Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of
trackback

[…] Looks like another round has been sent out. Fingers crossed that Chase doesn’t report this as a $500 bonus on 1099 forms again. Hat tip to FM […]

trackback

[…] HT: FM […]

trackback

[…] Looks like another round has been sent out. Fingers crossed that Chase doesn’t report this as a $500 bonus on 1099 forms again. Hat tip to FM […]