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

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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.

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