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Chase Sapphire Preferred® Card Expired

Spend $4K on Purchases
Earn 80,000 Points
+156 Deal Score
379,584 Views
Chase is offering 80,000 Bonus Points ($1,000 towards travel) w/ $4,000 spent on purchases in the first 3 months of account opening for the Chase Sapphire Preferred® Card. Annual fee is $95. Thanks Cappy123

Card Details:
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 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, 80,000 points are worth $1,000 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. That's 3X points in addition to the 2X points you already earn on travel.

Original Post

Written by
Edited November 9, 2020 at 11:50 AM by
Chase is offering 80,000 Bonus Points ($1,000 towards travel) w/ $4,000 spent on purchases in the first 3 months of account opening for the Chase Sapphire Preferred® Card. Annual fee is $95.

Card Details:



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Created 09-14-2020 at 02:56 PM by Cappy123
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Deal
Score
+156
379,584 Views
Spend $4K on Purchases
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.

1,153 Comments

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Featured Comments

It's 4 years since receiving the sign up bonus.
You have to wait 4 years since opening the first one before you can get another.
The application date or the card open date doesn't matter. What matters is the date that you received the sign-up bonus. That date is probably the closing date of the statement in which it was awarded to you.

For example, if you met the minimum spend for the sign up bonus in the first month the card was opened, the statement closing date was probably October or November 2016. If you met the minimum spend in the 3rd month that the card was opened, then the bonus may have been awarded in January or even February - again, depends on the statement closing date. You can check your first few statements in that account to know for sure.

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Joined Jan 2010
L5: Journeyman
> bubble2 667 Posts
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superbrasso
09-16-2020 at 03:31 PM.
09-16-2020 at 03:31 PM.
Can I close this account before annual fee is charged?
Reply
Joined Sep 2020
New User
> bubble2 3 Posts
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MaroonAppliance471
09-16-2020 at 03:35 PM.
09-16-2020 at 03:35 PM.
Quote from dravid :
From what I have read, Yes. this is because an "Authorized user" is unconnected to the primary user for points/bonus etc. Also points earned from the spending of an authorized user, go to the main subscriber not the AU. Heck, many credit cards don't even demarcate the spending between a main user and AU.

Bottonline. Apply on your own and walk away with a cool 80K points.
Awesome - THANKS!
Reply
Joined Sep 2017
New User
> bubble2 1 Posts
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woodsbw
09-16-2020 at 03:41 PM.
09-16-2020 at 03:41 PM.
Quote from jochfr :
I just signed up for this card Friday. Frown

They will probably match it if you secure message them.
Reply
Joined Jan 2009
L5: Journeyman
> bubble2 790 Posts
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drlux
09-16-2020 at 04:08 PM.
09-16-2020 at 04:08 PM.
Quote from superbrasso :
Can I close this account before annual fee is charged?
You know the annual fee is charged the first month right?
Reply
Joined Dec 2006
L1: Learner
> bubble2 174 Posts
110 Reputation
rkg1051a
09-16-2020 at 04:13 PM.
09-16-2020 at 04:13 PM.
Opend this card a month ago for 60K bonus, still haven't completed 4K. SMd a very polite request to update to 80K promotion. Denied !

I wonder if they did upgrade for someone ?
Reply
Last edited by rkg1051a September 16, 2020 at 04:19 PM.
Joined Feb 2012
L3: Novice
> bubble2 126 Posts
34 Reputation
GBv44
09-16-2020 at 04:19 PM.
09-16-2020 at 04:19 PM.
Quote from kpat1618 :
What are my options if I got "we are reviewing your application and will let you know as soon as possible" ?
As per DoC, you can call Chase Credit Card Reconsideration at 1-888-270-2127.
Reply
Joined Mar 2020
New User
> bubble2 3 Posts
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Naanak
09-16-2020 at 04:35 PM.
09-16-2020 at 04:35 PM.
When does this promotion expire?
Reply

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Joined Nov 2008
L10: Grand Master
> bubble2 8,102 Posts
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dtmamg
09-16-2020 at 04:46 PM.
09-16-2020 at 04:46 PM.
Quote from drlux :
I've been trying to do the same and they can't help but they didn't say anything about application would be stopped if not eligible. Sounds more like if you don't qualify you'll get a card anyway and be sol on the bonus. I logged into my chase account but can't seem to see any old/closed accounts so how in the world can we really check eligibility?

Send Chase an SM( secured message), they answered in 24hrs, and let me know i am qualified.
Reply
Joined Dec 2007
L10: Grand Master
> bubble2 10,951 Posts
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CosmologicalConstant
09-16-2020 at 05:14 PM.
09-16-2020 at 05:14 PM.
Quote from bru_that :
Chase doesn't like being a person's 1st credit card, particularly for the more premium cards. Being an AF doesn't hurt, but may not be enough to satisfy Chase in that way.
even if the person banks with Chase? Or, is having a bank account with them not a consideration for a credit card?
Reply
Joined Dec 2007
L10: Grand Master
> bubble2 10,951 Posts
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CosmologicalConstant
09-16-2020 at 05:21 PM.
09-16-2020 at 05:21 PM.
Quote from SmilingMorning4257 :
I'm lower income. I can't spend 4k without going on a shopping spree that I'll later regret. I know people will chastise me for asking this: but is it possible to scam the offer? Meaning, can I buy a couple of TVs at Costco and return them after receiving the points in 3 months? Or would they take them back?
Quote from shhaggy :
It will work, and they'll probably give you the points as soon as you hit the mark (you don't need to wait the 3 months) but generally speaking this is a bad idea. First of all, if you're lower income, you probably can't qualify for the card without lying about your income, which is the first mistake. I've heard of people qualifying for this card with as little as $30k, but it's no guarantee until you get closer to $50k. You also need pretty good credit. Which isn't impossible for lower incomes, but is typically difficult if you haven't utilized credit at a pretty decent level, which is harder if you just don't spend much. If you have a long credit history maybe you can, but that's a whole lot of ducks in a row to line up.

Secondly, what is your goal here? Just to get the 80k and then run? I mean, I guess you can do that, but this card really isn't designed for someone that doesn't plan to use it's perks. And the trap a lot of people fall into is that they get one of these 'premium' cards and start to use them the way everyone says is the optimal way to use them, but they forget that the only way that works is if you fit the category of whom the card is designed for. Which is not 'low-income, doesn't spend much' folks. It's often a recipe for disaster.
I totally agree with shhaggy. Alternatively, may I suggest the Chase Freedom Flex card which has no annual fee but gives you a bonus of $200 for $500 spend in 3 months? And it has 5% off groceries in the first year but good % rebate on other spend as well. It is a more practical card.
https://creditcards.chase.com/cas...eedom/flex
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Joined Dec 2007
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> bubble2 10,951 Posts
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CosmologicalConstant
09-16-2020 at 05:30 PM.
09-16-2020 at 05:30 PM.
Quote from SmilingMorning4257 :
Thanks for the thoughtful reply. I'm a long time Chase customer. And have two credit cards with them already. No missed payments. My FICO is 780-something. I'm low income because I quit my day job and just do part-time stuff here and there, like ride-share. My expenses are less than 800/month. I mostly use my Freedom Unlimited to get a few bucks back at the end of the year (helps me pay my car registration). Long story short, I'm already pre-qualified for the Sapphire (it says so in my Chase Ultimate Rewards page). So I could do this. And I wouldn't mind being blackballed from Chase for 4 years. But would they come after me by sending it to collections? Honestly, $800 for someone like me is worth it at this moment in my life (I'm going back to grad school next year).

Should I or should I not do it? That is the question.
My God, you write so well and am really really sad that you are such a difficult situation. I know that at this point in your life you need the money but isn't there another non controversial way? If you need the $800, I suggest you get a credit card with 0% interest for say 12 or 18 months and get the $800 through that card and pay it back over time.

Don't throw something good you have (presumably spotless credit record) for the sake of $800.
1
1
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Joined Aug 2007
L5: Journeyman
> bubble2 922 Posts
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jellysandwich
09-16-2020 at 05:50 PM.
09-16-2020 at 05:50 PM.
noob here ... aside from travel, whats the best way to use these points? (travel doesnt seem that good now because of covid)

i already have 20k UR points on my chase freedom card - should i combine points?
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Joined Dec 2007
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> bubble2 10,951 Posts
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CosmologicalConstant
09-16-2020 at 06:12 PM.
09-16-2020 at 06:12 PM.
Quote from superbrasso :
Can I close this account before annual fee is charged?
Can you get items from Amazon without paying for it?
Reply
Joined Nov 2015
L1: Learner
> bubble2 22 Posts
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AaronP5940
09-16-2020 at 06:14 PM.
09-16-2020 at 06:14 PM.
Quote from jellysandwich :
noob here ... aside from travel, whats the best way to use these points? (travel doesnt seem that good now because of covid)

i already have 20k UR points on my chase freedom card - should i combine points?

The chase reserve and preferred card have the pay yourself back option where you can redeem points for grocery or restaurant purchases for statement credit. I'm not sure if freedom cardholders have that yet but there's a rumor it might expand to all the Ultimate reward cards family.

Your best bet for now is to combine them to one card when you plan to spend.
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Joined Nov 2015
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> bubble2 22 Posts
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AaronP5940
09-16-2020 at 06:15 PM.
09-16-2020 at 06:15 PM.
Quote from dravid :
Can you get items from Amazon without paying for it?

Yes if you link your amazon account to a card that can redeem ultimate reward points you can use a portion or all of your points toward amazon purchases when you checkout
Reply
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