The Disappearing Chase Sapphire Preferred Dividend – Big Deal or No?

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    If you have read any mile and point blogs over the weekend, you would have noticed that one of the bullet points for the Chase Sapphire Preferred is being eliminated. This is the 7% dividend that is earned on all Ultimate Reward points earned by the Chase Sapphire Preferred card over the course of the year. Is it a big deal to lose that or no? The Disappearing Chase Sapphire Preferred Dividend Details According to Chase, new customers of the Chase Sapphire Preferred will no longer receive the 7% annual dividend on points earned. For current customers, that will continue to be a feature for earning year 2014 and 2015. This means that the dividend you receive in early 2016 will be the final one for the Chase Sapphire Preferred. What Is The Value? In the card’s early life, the 7% dividend was actually paid out on the bonus as well which made it really a great perk! However, that was really not supposed to be the case and that... The post The Disappearing Chase Sapphire Preferred Dividend – Big Deal or No? appeared first on Running with Miles.

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