Overview
- Frequent Miler contends the 2025 coupon-heavy refresh has underperformed and cites unconfirmed reports of targeted 200,000-point in-branch offers as a sign of strain.
- The analysis notes earlier issuer adjustments, including a headline 125,000-point welcome bonus, tweaks to The Edit credits, and a new $250 Chase Travel hotel credit slated for 2026.
- The current structure is described as complex, with 3x on dining, 4x on flights and hotels, 1x on other travel, and portal redemptions often at 1 cent per point unless Power Boosts apply.
- The proposal calls for 8x on travel booked through Chase Travel, 4x on flights and hotels booked directly, 3x on dining and other travel, and a standard 1.5 cents per point portal redemption with occasional higher-value Premium Power Boosts.
- To fund restored core value, the author suggests converting the automatic $300 travel rebate into a $300 Chase Travel discount to increase breakage and reduce issuer cost.