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 10:24 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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Why is this card such a big deal? Of course they give you 60,000 bonus points AFTER you spend $4k within the 1st 3 months but personally, 2X on travel and dining and 1X on all purchases is really less compared to my Costco Citi card that gives 3X on travel and dining, 4X on Gas on top of 2X for Costco and 1X elsewhere. Dont you think this $750 eventually adds up to the $95/year and the additional 1X you are losing by not using a Citi Costco Card instead that is free as long as you have a Costco Membership?
Why is this card such a big deal? Of course they give you 60,000 bonus points AFTER you spend $4k within the 1st 3 months but personally, 2X on travel and dining and 1X on all purchases is really less compared to my Costco Citi card that gives 3X on travel and dining, 4X on Gas on top of 2X for Costco and 1X elsewhere. Dont you think this $750 eventually adds up to the $95/year and the additional 1X you are losing by not using a Citi Costco Card instead that is free as long as you have a Costco Membership?
If you spend a lot of money and never downgrade the card, yes. The amount you would need to spend to make over $655 dollars difference between the two is the reason this is a good deal.
Why is this card such a big deal? Of course they give you 60,000 bonus points AFTER you spend $4k within the 1st 3 months but personally, 2X on travel and dining and 1X on all purchases is really less compared to my Costco Citi card that gives 3X on travel and dining, 4X on Gas on top of 2X for Costco and 1X elsewhere. Dont you think this $750 eventually adds up to the $95/year and the additional 1X you are losing by not using a Citi Costco Card instead that is free as long as you have a Costco Membership?
Move your available credit to another chase card when you close it, or if you dont have another chase card, change the card to one without an annual fee. there are some benefits to having this card that you also have to consider though. sometimes it may be worth paying the annual fee.
If i were to move the card to a Chase Freedom without an annual fee is the account number still the same. I mean on the credit report will a new card show up and this as closed.
If i were to move the card to a Chase Freedom without an annual fee is the account number still the same. I mean on the credit report will a new card show up and this as closed.
Move the card limit to a chase freedom and close the sapphire= no new card and No negative effect on credit.
Change the card to a Chase freedom, I never did a chase card change so I cannot say, but it will also have no negative effect on your credit.
Cancel sapphire without moving limit, will have a negative effect on your credit, even though most idiot credit gurus say closing will not be a negative effect, it actually is, because you are worse off. Less available credit limit which effects your utilization ratio, hard inquiry with no open card to show for it, closed accounts have very little effect on your credit vs an open one.
Move the card limit to a chase freedom and close the sapphire= no new card and No negative effect on credit.
Change the card to a Chase freedom, I never did a chase card change so I cannot say, but it will also have no negative effect on your credit.
Cancel sapphire without moving limit, will have a negative effect on your credit, even though most idiot credit gurus say closing will not be a negative effect, it actually is, because you are worse off. Less available credit limit which effects your utilization ratio, hard inquiry with no open card to show for it, closed accounts have very little effect on your credit vs an open one.
I've been finding recently that hard inquiries aren't as damaging to credit score, compared to other factors like delinquent payments or utilization. Don't miss payments and utilization should ideally be zero, otherwise someone should be getting a zero APR balance transfer card if they intend on carrying any balance. Should be a non-issue because you need pretty good credit anyways to get this card.
I imagine that these credit gurus wouldn't recommend transferring CSP to CF/CFU because of the missed opportunity to get their additional 20k points sign-up bonus ($200 straight cash back or $250 in travel via CSP portal). The CF/CFU shouldnt require as high as a credit score anyways.
I've been finding recently that hard inquiries aren't as damaging to credit score, compared to other factors like delinquent payments or utilization. Don't miss payments and utilization should ideally be zero, otherwise someone should be getting a zero APR balance transfer card if they intend on carrying any balance. Should be a non-issue because you need pretty good credit anyways to get this card.
I imagine that these credit gurus wouldn't recommend transferring CSP to CF/CFU because of the missed opportunity to get their additional 20k points sign-up bonus ($200 straight cash back or $250 in travel via CSP portal). The CF/CFU shouldnt require as high as a credit score anyways.
Yea, definitely do not change it to a card if you are going to miss out on a sign up bonus, you should ideally have multiple chase cards. Also you can transfer the available credit to a business card, but not the other way around...
Yea, definitely do not change it to a card if you are going to miss out on a sign up bonus, you should ideally have multiple chase cards. Also you can transfer the available credit to a business card, but not the other way around...
Sorry I misread your prior post. Thanks for the heads up! Next year will definitely try to move my CSP credit limit to one of my existing Chase cards prior to closing the card.
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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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No bonus for Costco citi card
Move the card limit to a chase freedom and close the sapphire= no new card and No negative effect on credit.
Change the card to a Chase freedom, I never did a chase card change so I cannot say, but it will also have no negative effect on your credit.
Cancel sapphire without moving limit, will have a negative effect on your credit, even though most idiot credit gurus say closing will not be a negative effect, it actually is, because you are worse off. Less available credit limit which effects your utilization ratio, hard inquiry with no open card to show for it, closed accounts have very little effect on your credit vs an open one.
Change the card to a Chase freedom, I never did a chase card change so I cannot say, but it will also have no negative effect on your credit.
Cancel sapphire without moving limit, will have a negative effect on your credit, even though most idiot credit gurus say closing will not be a negative effect, it actually is, because you are worse off. Less available credit limit which effects your utilization ratio, hard inquiry with no open card to show for it, closed accounts have very little effect on your credit vs an open one.
I've been finding recently that hard inquiries aren't as damaging to credit score, compared to other factors like delinquent payments or utilization. Don't miss payments and utilization should ideally be zero, otherwise someone should be getting a zero APR balance transfer card if they intend on carrying any balance. Should be a non-issue because you need pretty good credit anyways to get this card.
I imagine that these credit gurus wouldn't recommend transferring CSP to CF/CFU because of the missed opportunity to get their additional 20k points sign-up bonus ($200 straight cash back or $250 in travel via CSP portal). The CF/CFU shouldnt require as high as a credit score anyways.
I imagine that these credit gurus wouldn't recommend transferring CSP to CF/CFU because of the missed opportunity to get their additional 20k points sign-up bonus ($200 straight cash back or $250 in travel via CSP portal). The CF/CFU shouldnt require as high as a credit score anyways.
Yea, definitely do not change it to a card if you are going to miss out on a sign up bonus, you should ideally have multiple chase cards. Also you can transfer the available credit to a business card, but not the other way around...
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Sorry I misread your prior post. Thanks for the heads up! Next year will definitely try to move my CSP credit limit to one of my existing Chase cards prior to closing the card.