February 15, 2015

Chase Sapphire Preferred Dividend Posted

I logged on to check out my recent Chase Sapphire Preferred statement and noticed my dividend from 2014 spend posted.  As you all know, this is my favorite card and sits at the top of my wallet.  While it's a major bummer that the dividend will be eliminated after this year, I'm still a big fan and will keep the card regardless.

Last year, my 7% dividend (on all points earned including sign-up bonuses) was about 3,000 points.  In 2014, I managed to put more spend on this card through both more actual spend and "manufactured spend."  Including category bonuses and "Shop Through Chase" points, I earned about 72,000 points on the card last year.  My 7% dividend posted and was 5,039 Ultimate Rewards points.  My actual spend was quite a bit lower - in the 30K range.


I value UR points at around $.02 each so the value of the dividend was over $100.  The annual fee on the CSP is $95 so at least for 2014, the dividend paid for the card.  Not a bad deal.

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