SWA Rapid Rewards Credit Card Question

[gigi1313]

Does anyone know if your Chase SWA RRs get credited to your account when you make the purchase or when you pay the card?

We are about 30,000 points away from a companion pass and can easily spend that (business expenses, not living large! LOL!) if we have to, although it's possible some of it won't get paid 'til after the first of the year... so my question is, do you reap the reward points when you charge to the card, or when you make the payment to the card?

We typically charge and pay immediately, so I have never been able to track exactly when the points get awarded!

Thanks!

 

[MAJPLO]

Does anyone know if your Chase SWA RRs get credited to your account when you make the purchase or when you pay the card?

We are about 30,000 points away from a companion pass and can easily spend that (business expenses, not living large! LOL!) if we have to, although it's possible some of it won't get paid 'til after the first of the year... so my question is, do you reap the reward points when you charge to the card, or when you make the payment to the card?

We typically charge and pay immediately, so I have never been able to track exactly when the points get awarded!

Thanks!

When the statement closes.

 

[DebbieB]

I agree - when the first statement comes out.

 

[ruadisneyfan2]

What they said.

Give it 1-2 business days to post to your RR account.

 

[gigi1313]

When the statement closes after the charge (expense) or when the statement closes after the payment?
i.e. I charge $10,000 on 10/15/14 but I make only a minimum payment on Nov due date and pay the balance on 12/15/14... do I see the 10,000 RR points on 11/1/14 or 1/1/15?

 

[shamrock30]

You usually see the bonus points for doing the required spending a few days after your statement closes, so if it closes on Nov. 1, a few days after that, even if you haven't paid it yet.

However, if you don't finish the required spending until a few days before your closing date, they sometimes don't give the points until the following closing date, a month later. That just happened to me.

I'd do the required spending a week or so before you closing date if you want to make sure it posts that month.

 

[Marionnette]

When the statement closes after the charge (expense) or when the statement closes after the payment?
i.e. I charge $10,000 on 10/15/14 but I make only a minimum payment on Nov due date and pay the balance on 12/15/14... do I see the 10,000 RR points on 11/1/14 or 1/1/15?

The answer is "neither".

The points are added a few days after the statement is generated. The statement is not generated on the day that payment is due. It is usually generated 3-5 days following the "payment due" date, since weekends are not considered to be business days. So, if payment is due on Nov. 1, 2014 then your statement should generate on Nov. 5, 2014 since 11/1/14 is a Saturday. Your points will be in your RR account by the following Monday (Nov. 10) if not sooner.

 

[gigi1313]

Thank you all for the answers and follow up answers... this is good news for me as I can spend the required amount before the end of the calendar year to be eligible for the Companion Pass, but I may not pay it 'til after the beginning of the next calendar year, which won't effect when the points are awarded! Thank you again!