February 13, 2014

My Chase Sapphire 7% Dividend Posted!

One of the great features of the Chase Sapphire Preferred Card is the 7% annual dividend on all spend.  This includes bonuses, an extra 7% on category bonuses like dining and travel, and 7% on top of your Ultimate Rewards earnings.  The bonus typically posts on the second statement of the year in February.  I received mine this morning.

An extra 7% for 2013 CSP Spend

I actually spent around $22K last year on this card.  About half was everyday spend (travel and dining) but I also leveraged Amazon Payments to get extra points across the year.  In total, I earned 2,926 bonus points which is 7% of roughly 42,000 meaning I earned an "extra" 20,000 points from category bonuses and the Chase Ultimate Rewards Mall last year.  Not bad.

The 7% dividend is a great feature of this card and receiving the bonus in February is always a nice surprise.

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