[Targeted] Chase Cards: Update Your Income Online & Get 1,000 Ultimate Rewards Points

The Offer

Chase just sent out the following targeted email for the Freedom card various Chase credit cards:

  • Update your income by June 30th and get a bonus 1,000 Ultimate Rewards points.

Our Verdict

Risk here is just getting a 1099 which some find to be a hassle to deal with. Hopefully they won’t send one out for those who got less than $600 during the year.

Hat tip to readers Gerald and coupons

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13 Comments
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Rasta
Rasta (@guest_1386568)
May 28, 2022 13:36

nothing on any of my three chase cards.

Xylexia
Xylexia (@guest_1385419)
May 25, 2022 19:03

Got this on one of my Vanilla Freedoms.

DW
DW (@guest_1385263)
May 25, 2022 13:00

P2 got it for CFU.

Chris
Chris (@guest_1385215)
May 25, 2022 10:26

Got it on my hyatt card.

DWT
DWT (@guest_1385173)
May 25, 2022 07:32

Got the offer for my Southwest Priority card that was opened in April 2021… and yes, the language about a potential 1099 is there in the fine print.

SB
SB (@guest_1385148)
May 25, 2022 01:13

I got this for 1000 UA miles on my Quest (although the actual link to update is still the common one for Chase)

Jeff Bozo
Jeff Bozo (@guest_1385137)
May 25, 2022 00:25

No one has clarified this in any means: if you don’t get a 1099 do you have to pay taxes on it or not?

Jack
Jack (@guest_1385211)
May 25, 2022 10:09

You are supposed to pay taxes on all income regardless of getting a 1099. However, If you get a 1099, the IRS gets a 1099. Make of that what you will.

qmc
qmc (@guest_1385132)
May 24, 2022 23:56

At least when I had a checking, they sent a 1099 for the $5 for signing up for paperless….

Marty
Marty (@guest_1385129)
May 24, 2022 23:37

Got this on my sapphire preferred.

fearthez
fearthez (@guest_1385119)
May 24, 2022 22:59

In my email they called out that I hadn’t updated my income since April 2021 so maybe it’s a year to trigger this? Not sure

Subject of the email reads:

Just announced: fearthez, get 1,000 points when you update your income

Ice
Ice (@guest_1385152)
May 25, 2022 01:49

Seems to be random, mine was updated July 2021 so less than a year