January 1st is the big day for a new calendar year and your chance to pick up another 50,000 Continental miles with their personal and business debit card promotions.
They have already updated the offer to expire on March 31st, 2010 and the terms and conditions clearly state you can qualify for one business and one personal promotion per calendar year.
Katy and I will be ready for 50K CO miles each on January 1st, 2010.
As always, Chase takes the sting out of losing all our elite qualifying miles in our programs, by making this an annual offer.
Here is the pertinent wording from the Business Debit card offer. Be sure to read them all and keep a copy for your records.
“2 Offer valid through March 31, 2010. To qualify for the reward you must open a new Chase BusinessClassicSM Checking account and deposit a minimum of $500 or more into your new business checking account within 30 days of account opening with funds not currently on deposit with Chase or any of its affiliates. Account opening and award of premium are subject to approval. Limit one business checking account-related premium per customer per calendar year. Chase reserves the right to withdraw this offer at any time without notice. Attempts to earn multiple premiums may be voided by Chase, at its discretion. Offer not available on account conversions or in combination with any other offer and is non-transferable. Employees of JPMorgan Chase Bank, N.A. and our affiliates are not eligible. Initial 10,000 bonus miles will be deposited in your OnePass® account 6-10 weeks after the initial $500 in deposits have posted to the new account. Chase BusinessClassicSM Checking is available only at Chase branded branches.”
And the pertinent wording on the personal debit card:
1 Offer valid through March 31, 2010. To qualify for the reward you must open a new Chase CheckingSM account with a $100 minimum opening deposit of new money (money not currently held by Chase or its affiliates). Also, to qualify for the first 10,000 bonus miles you must make 5 debit card purchases with any Chase debit card linked or used to access the new account or initiate a repeating direct deposit such as payroll, Social Security or other government benefits. The 5 debit card purchases or first direct deposit must be completed within 60 days of account opening to earn the bonus miles. Initial 10,000 bonus miles will be deposited in your OnePass® account 6-10 weeks after the 5 debit card purchases or initial direct deposit has posted to the new account. Limit one personal checking account-related reward per customer, per calendar year. Limit one 10,000 bonus miles per checking account. Offer not available on account conversions or in combination with any other offer. Customers are still eligible for the first 10,000 miles even if they do not get the Chase Continental Airlines Preferred Debit Card. Account is subject to approval.
And the wording that allows the second 15K bonus for the cheaper debit card:
4 The Chase Continental Airlines Preferred Debit Card has an annual fee of $65 per checking account. If you choose the lower fee option of $25 with the Chase Continental Airlines Debit Card, you earn 1 mile for every $2 in qualifying purchases. Customers choosing the lower fee option will still receive the second 15,000 bonus miles after the first qualifying purchase.
Bingo; There we go 50K each to start out the New Year.