Update: This popular deal is no longer available.
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.
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Edited September 14, 2020
at 09:24 AM
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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.
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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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The card this thread is about, the CSP, only gives you 1.25 cents per point in the portal.
It's the CSR that is 1.5.
And if you cancel it you lose that and you're back to 1 cent via freedom. More importantly you lose the ability to transfer them to hotels and airlines- which usually gets you better value than the 1.25 or 1.5x in the portal does anyway.
You can freely move your points between cards BTW
Also- there's no reason to switch to a slate- it's a garbage card other than the 0% BT signup offer. If you are going to downgrade get something useful like a freedom unlimited or a second Freedom (to get another $1500 per quarter 5x cap)
Chase points don't expire as long as your card is open.
Booking with points vs. cash in the portal doesn't really change anything protections-wise.
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You can freely move your points between cards BTW
Chase points don't expire as long as your card is open.
Booking with points vs. cash in the portal doesn't really change anything protections-wise.
You can freely move UR points between any cards in your account- so yes if planning to use the portal you'd transfer them to the card with the best rate of return.
As I say though the ability to transfer to airlines and hotels- where you often get 1.5-2 cents a point on the low end (for hotels and coach fares) and 4-6 cents a point on business class, is where the paid cards tend to show the most value.
Right now though, given airlines have slashed flights 80-100% depending on the airline, and fares were being slashed super low right before that, so it's tough to predict what will be "worth" doing for the near future.
You can always product change BACK to a CSP (or CSR) if you want to make a large transfer/redemption later.
There's really no reason to ever cancel a card though unless it's so that you can apply for a new one of the same card and earn the bonus again. Product changing to a free card is almost always a better option otherwise.
As I say though the ability to transfer to airlines and hotels- where you often get 1.5-2 cents a point on the low end (for hotels and coach fares) and 4-6 cents a point on business class, is where the paid cards tend to show the most value.
Right now though, given airlines have slashed flights 80-100% depending on the airline, and fares were being slashed super low right before that, so it's tough to predict what will be "worth" doing for the near future.
You can always product change BACK to a CSP (or CSR) if you want to make a large transfer/redemption later.
There's really no reason to ever cancel a card though unless it's so that you can apply for a new one of the same card and earn the bonus again. Product changing to a free card is almost always a better option otherwise.
Yea I only planned to cancel to get the card again as this would be my second year with it.
I guess I'll just cancel my Chase SW personal and business as they were 69 and 99 respectively and you can still retain your RR points and CP
You can't get a new sapphire card until it's been 48 months since your last sapphire bonus... (it used to be 24 months like the other chase cards, but this changed to 48, specifically for sapphire cards, a while ago)
You can't get a new sapphire card until it's been 48 months since your last sapphire bonus... (it used to be 24 months like the other chase cards, but this changed to 48, specifically for sapphire cards, a while ago)
I don't personally find any value in keeping the SW cards after you get the CP, they're not worth putting normal spend on and the value of the points for renewing doesn't quite equal the annual fee.
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