Chase.com is offering 60,000 Bonus Points ($750 towards travel) w/ $4000 Spent in the First 3 Months of Account Opening for their Sapphire Preferred Credit Card with $95 Annual Fee. Thanks brisar
Note, please verify/see all the pricing/terms listed below.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate RewardsĀ®
2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
Earn 5X points on Lyft rides through March 2022. Thatās 3X points in addition to the 2X points you already earn on travel.
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Edited September 14, 2020
at 09:24 AMby
Chase Sapphire PreferredĀ® Card.
Chase is offering 60,000 Bonus Points ($750 towards travel) w/ $4000 Spent in the First 3 Months of Account Opening for their Sapphire Preferred Credit Card with $95 Annual Fee.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate RewardsĀ®
2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
Earn 5X points on Lyft rides through March 2022. Thatās 3X points in addition to the 2X points you already earn on travel.
These responses are not provided or commissioned by the bank advertiser.
Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser.
It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
If you currently have any kind of Saphire personal card that is active, you will NOTqualify for bonus points, even if you are approved.
If you close your Saphire card recently, you will need to wait 48 months from the date you received the previous Saphire bonus before applying to get the new card's bonus points.
Be careful not to waste a hard credit pull
Chase T&C:
"The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months. If you are an existing Sapphire customer and would like this product, please call the number on the back of your card to see if you are eligible for a product change. You will not receive the new cardmember bonus if you change products."
95 af is not waived for first year basically previously it was 50k with 95 waived first year now it's 60k with 95 af so pretty much the same
Also I'll get csr rather than csp if you spend 3400+ in travel, dining etc
It is pretty straightforward. When you use your card for ANY travel purchase (like Airbnb, airfare, hotels, Lyft, Uber, parking, some tolls, and many others), you will automatically be reimbursed, until you've spent a total of $300 on travel. In other words, Chase will pay for the first $300 in travel you spend each year with your card.
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Does this card have balance transfer feature? Like write a big check to pay other credit cards balance? Please advise. Thank you
Just FYI
I haven't read but if you think you can write a check to pay other cards to rack up the spending limit for the bonus points.... every card I have ever seen doesn't allow balance transfers to count toward "spend" for the bonus points.....that would be too easy.
Just FYI
I haven't read but if you think you can write a check to pay other cards to rack up the spending limit for the bonus points.... every card I have ever seen doesn't allow balance transfers to count toward "spend" for the bonus points.....that would be too easy.
Or just paypal the money to a spouse or family member, transfer it to their bank and have them give it back to you that way. So all in, you're looking at a $116.30 (2.9% + $0.30 for paypal fees), but I'd never transfer the exact amount, looks suspicious. I'd do $4176 and in the comments put "thanks for the loan" or some BS like that.
Or just paypal the money to a spouse or family member, transfer it to their bank and have them give it back to you that way. So all in, you're looking at a $116.30 (2.9% + $0.30 for paypal fees), but I'd never transfer the exact amount, looks suspicious. I'd do $4176 and in the comments put "thanks for the loan" or some BS like that.
So here's a question. If I spend $4000 on hotel and plane within the first three month's do I just get $60,000 points or do I get 2x on top of that? So a total of $180,000 points =$2250?
So here's a question. If I spend $4000 on hotel and plane within the first three month's do I just get $60,000 points or do I get 2x on top of that? So a total of $180,000 points =$2250?
Yep, the only downside is the fact you actually have to spend/lose the transaction fee. If you're able to spend the amount in the given time, I'd recommend doing that, but I just feel like whenever I have a challenge like that, I become competitive with myself and end up buying sh!t that I just don't need just to get to the goal, So most of the time, if it is a 4-5K spend requirement, I usually go the PayPal route. I rather spend/lose the transaction fee, but not be stuck in debt for 4-5K because of a goal set by the credit card company lol
how many non chase cards have you opened recently or have opened? whats your debt to income ratio? annual income? how many years credit history do you have? did you just get a mortgage or car loan?
this and many other factors weigh in on the decision. the fact that it was an instant meaning an automated denial likely alludes to a substantial factor was involved.
then again, it may have been caused by an error. so call up a chase rep.
If you call a chase rep about the denial. Does that help push your credit score back? Or do you keep the 35 point hit ?
I recently tried to apply for an amazon prime card and got declined. I have a solid credit score with 1 card for over 10 years and 0 late payments, loans, or derogatory marks.
Being declined lowered my score by 35. I want to apply for this card but I don't want to kill my score in 2 weeks time for being declined twice. Any advice on how to open this card successfully?
The guy in the branch had no idea of why I got declined.
I recently tried to apply for an amazon prime card and got declined. I have a solid credit score with 1 card for over 10 years and 0 late payments, loans, or derogatory marks.
Being declined lowered my score by 35. I want to apply for this card but I don't want to kill my score in 2 weeks time for being declined twice. Any advice on how to open this card successfully?
The guy in the branch had no idea of why I got declined.
Being declined for a card does not change your score. At all.
Declines are not reported to credit agencies.
When you apply for a card a few things CAN impact your score:
1) The agency does a hard pull. For most this is a very small hit to their score, and goes away pretty quickly. But we're talking like 5 points, not 35. And that happens simply by applying, before a decision is made either way.
2a) You get declined. Nothing else changes, because that doesn't get reported. (why would it?)
2b) You get approved. This potentially changes your score 2 different ways:
I) Your total available credit goes up by the amount of your new limit. This can reduce your overall utilization and improve your score (often by more than the hit from the hard pull if you otherwise had higher utilization).
II) Your average age of account goes down. This can reduce your score. Especially if you have VERY few accounts on your report. Say you have 1 10 year old card, and nothing else- open a new one and your average age drops from 10 years to 5. That's bad. On the other hand if you've got like 20+ accounts all with good lengths on em, one new one isn't going to impact this hardly at all.
I recently tried to apply for an amazon prime card and got declined. I have a solid credit score with 1 card for over 10 years and 0 late payments, loans, or derogatory marks.
Being declined lowered my score by 35. I want to apply for this card but I don't want to kill my score in 2 weeks time for being declined twice. Any advice on how to open this card successfully?
The guy in the branch had no idea of why I got declined.
As knightshade noted already, being declined for the Amazon card did not lower your credit score. The hard credit pull does have an impact on your score, but not 35 points - the actually effect should be ~ 5 points. Did you check your actual FICO score, or are you looking at your phony VantageScore that Credit Karma and some banks provide to you?
Before applying for this card, wait for the letter that Chase sends you listing the reasons for the Amazon card denial, and get an idea of why you were declined, and what you can do to change those factors.
Last day for delta amex gold refer a friend. 60k miles if you spend 2k in 3 months, free annual fee for 1st year...i think this is better. PM if you like. Easier to get approved.
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If you close your Saphire card recently, you will need to wait 48 months from the date you received the previous Saphire bonus before applying to get the new card's bonus points.
Be careful not to waste a hard credit pull
Chase T&C:
"The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months. If you are an existing Sapphire customer and would like this product, please call the number on the back of your card to see if you are eligible for a product change. You will not receive the new cardmember bonus if you change products."
Also I'll get csr rather than csp if you spend 3400+ in travel, dining etc
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Just FYI
I haven't read but if you think you can write a check to pay other cards to rack up the spending limit for the bonus points.... every card I have ever seen doesn't allow balance transfers to count toward "spend" for the bonus points.....that would be too easy.
I haven't read but if you think you can write a check to pay other cards to rack up the spending limit for the bonus points.... every card I have ever seen doesn't allow balance transfers to count toward "spend" for the bonus points.....that would be too easy.
That's actually kind of genius.
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I haven't had the Sapphire bonus in a year, so this is very tempting.
I haven't had the Sapphire bonus in a year, so this is very tempting.
You can only get 1 sapphire bonus every 48 months
Maybe I'll check in again in a year or so.
this and many other factors weigh in on the decision. the fact that it was an instant meaning an automated denial likely alludes to a substantial factor was involved.
then again, it may have been caused by an error. so call up a chase rep.
If you call a chase rep about the denial. Does that help push your credit score back? Or do you keep the 35 point hit ?
Being declined lowered my score by 35. I want to apply for this card but I don't want to kill my score in 2 weeks time for being declined twice. Any advice on how to open this card successfully?
The guy in the branch had no idea of why I got declined.
Being declined lowered my score by 35. I want to apply for this card but I don't want to kill my score in 2 weeks time for being declined twice. Any advice on how to open this card successfully?
The guy in the branch had no idea of why I got declined.
Being declined for a card does not change your score. At all.
Declines are not reported to credit agencies.
When you apply for a card a few things CAN impact your score:
1) The agency does a hard pull. For most this is a very small hit to their score, and goes away pretty quickly. But we're talking like 5 points, not 35. And that happens simply by applying, before a decision is made either way.
2a) You get declined. Nothing else changes, because that doesn't get reported. (why would it?)
2b) You get approved. This potentially changes your score 2 different ways:
I) Your total available credit goes up by the amount of your new limit. This can reduce your overall utilization and improve your score (often by more than the hit from the hard pull if you otherwise had higher utilization).
II) Your average age of account goes down. This can reduce your score. Especially if you have VERY few accounts on your report. Say you have 1 10 year old card, and nothing else- open a new one and your average age drops from 10 years to 5. That's bad. On the other hand if you've got like 20+ accounts all with good lengths on em, one new one isn't going to impact this hardly at all.
Being declined lowered my score by 35. I want to apply for this card but I don't want to kill my score in 2 weeks time for being declined twice. Any advice on how to open this card successfully?
The guy in the branch had no idea of why I got declined.
Before applying for this card, wait for the letter that Chase sends you listing the reasons for the Amazon card denial, and get an idea of why you were declined, and what you can do to change those factors.
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