[Update] Chase Automatically Extending Minimum Spend Period For Cards Opened January 1st – March 31st

Update 5/3/20: Dansdeals was told by Chase that those cards with 2 tiers of spend requirement will have the 2nd tier extended an additional 3 months as well. This applies to cards opened from 12/31/19 – 5/31/20. The 1st tier is only extended for 1/1/20 – 3/31/20, apparently, but the second tier will be extended from 12/31/19 –  5/31/20 which means you can still take advantage of that now. Second tier is only for 10/1/19-3/31/20

Update 4/15/20: This is now being communicated to cardholders directly. I also saw some confusion with people thinking this only applies to personal cards. I was able to confirm this extension also applies to business cards.

Original Post:

Yesterday we shared information that Chase would be automatically extending the minimum spend period for some cardholders by 3 months. Unfortunately Chase shared incorrect information, but the good news is that cardholders who opened a new card between January 1st and March 31st will have their minimum spend periods extended by an additional three months. Chase had first said that this extension was for people with minimum spend periods ending during this time frame.

This policy makes a lot more sense from Chase. I’ve also reached out to ask if members who have opened accounts since March 31st will receive any sort of extension. American Express is offering all card members a three month extension if they sign up between December 1, 2019 through May 31, 2020.