Keep an Eye on Your Credit Card Rewards
Just a quick reminder to keep track of your credit card rewards, and to make sure you’re receiving what was promised. I just logged in to check the status of our Citi Driver’s Edge rewards and found that we haven’t been credited properly over the past two months. When we originally signed up for this card in January, we were promised 5% off all purchases for nine months. But our July and August rewards were well below that mark. In fact, we should have received $147.10 and $101.20, but was credited just $75.00 and $20.24.
It appears that we prematurely fell back to the 5% off ‘everyday’ purchases (gas, groceries, pharmacy) and 1% off all else. Anyway, I gave them a call and was transferred from the regular customer service rep that answered to a Driver’s Edge redemption specialist. She looked up our account and confirmed that, while the promo should be in effect through October 1, we had somehow stopped receiving the 4% bonus on ‘other’ purchases. In order to fix this, she said that she would “re-apply the code” and that they would then refigure the rewards and make it right on my next bill. Sounds good but, for some reason, I suspect that I’ll be calling again next month. Anyway, I also realized that it’s time for me to start shopping around for another reward card, as we’re getting closer and closer to exhausting the $1,000 reward limit on this card.
Published on September 6th, 2005 - 3 Comments
Filed under: Credit Cards
email this article
- add to tip'd - stumble it - digg it - bookmark it
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
Related articles...
» Chase Freedom Rewards – $50 Signup Bonus» American Express Membership Rewards ‘Account Linkage Fee’
» Should You Pay Your Taxes With a Credit Card?
» My Favorite Reward Credit Card
» Citi Driver’s Edge Rewards Balance Corrected
» What’s Your Oldest Credit Card?
» AmEx Credit Card Signup Bonus Disappearing Soon
» Applying for a Business Credit Card
Was this article useful? Please sign up to receive our content via e-mail:
Great deals...
Readers’ choice...
Recent articles...
- Did Congress Make the Homebuyer Tax Credit Retroactive?
- Congress Extends $8000 Homebuyer Tax Credit, Adds New $6500 Credit
- Lending Club Update - October 2009 Performance
- How Much to Budget for Car Maintenance?
- Series I Savings Bonds Now Paying 3.36%
- Use Weight Loss Strategies to Get Out of Debt
- Weekly Roundup - Disney Shanghai Edition
- How to Save Money on Vacations
- Most and Least Reliable Cars - 2009 Edition
- Get 100 Free Trades from OptionsHouse Brokerage
Recent comments...
- Penny: I am about to purchase a new home.. which will be my new residence...
- APRIL DAYS: I FOR ONE HOPE THAT THE FIRST TIME HOMEOWNERS TAX CREDIT IS EXTENDED BECAUSE...
- JB: I drive a 1999 car and save $60 a month for car repairs, oil...
- Greta: My significant other and I bought a house in February 2009. My boyfriend...
- Jay: Don't forget nCleaner 2nd for turning off widows firewall and windows defender...also use the...
- Bryan: @Doug - you said it... if you simply delayed the closing, it would have...
- Sympathetic Dish TSR: @ Bonnie: Is your HD tv a Flatscreen LCD style? If so then a...
- John DeFlumeri Jr: Thanks for explaining the tax credit. Too bad for those who purchase in...
Most talked about...
- Dave Ramsey is Bad at Math
- $8,000 Homebuyer Tax Credit
- Dish Network Customer Service SUCKS
- How to Claim the First-Time Homebuyer Tax Credit
- $15,000 Homebuyer Tax Credit
- Reduced Credit Limits? Share Your Experience
- Would the "Fair Tax" Gut the Economy?
- Tax Stimulus Rebate Payments to Start Early
- Pay Off Mortgage Early? Or Invest?
- The Best Online Savings Accounts (Updated!)
- Life's Too Short to Drink Cheap Beer
- $7500 First Time Homebuyer Tax Credit
Nickel –
Question for you: How often do you re-evaluate your rewards program and decide to switch cards? Seems like a person could spend a lot of time with this and I’m considering the cost/benefit of frequently shifting. Any thoughts from you?
FMF
Comment by FMF — Sep 6th 2005 @ 8:27 amI don’t spend much time on this. I only look for new cards when the gravy train on my existing cards is ending. And I don’t really dedicate any time to looking for these deals — I just seem to run across them in my normal travels across the web. As far as day-to-day maintenance goes, I log in every onece in awhile to request a check from my Citi cards that require that, and I look in on my Driver’s Edge reward balance every few months. We’ll probably be buying a car within the next year, so having close to $1,000 in credit toward that will definitely be worth the tiny amount of trouble. And the $300 in rewards for each of the other Citi cards is definitely worth the minimal effort required. They’re basically giving money away, so you might as well take it.
That’s kind of the approach I’m taking — trying to stick with a couple options. However, I always get tempted with the new, “great” deals that I read about and think “am I missing something”. But there is a cost to changing (time, effort, etc.), so it has to be REALLY great for me to seriously consider a change.
Comment by FMF — Sep 8th 2005 @ 6:53 am