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
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Edited November 9, 2020
at 11:50 AM
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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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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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Please keep in mind that you have to purchase things very smartly in order to maximize the benefits of this card, something that not all people want to do.
Case in point: I product changed from Reserve to Freedom Flex earlier this week. I then applied for preferred card today to take advantage of the 80K bonus and was denied instantly. When I called to ask why, they said that the system still shows I have a Reserve card and that it would not update until the next statement closes. You are only allowed to have one Sapphire product at a time and technically, my account still shows that I have a Reserve until the next statement closes.
Case in point: I product changed from Reserve to Freedom Flex earlier this week. I then applied for preferred card today to take advantage of the 80K bonus and was denied instantly. When I called to ask why, they said that the system still shows I have a Reserve card and that it would not update until the next statement closes. You are only allowed to have one Sapphire product at a time and technically, my account still shows that I have a Reserve until the next statement closes.
Anything I should do to get it approved? I mean to close current one
2) there is zero reason for you not to be approved. Did you call the reconsideration line?
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Look at your old statement. It's the statement closing date on the statement in which the bonus was posted.
It's loop year. I have done 4 years. My 300 credit year ends in December 9th. So I know it for a fact
But no worries, I see huge cancellations on the CSR starting from Jan 2019 when the annual fee for renewals will go up from $450 to $550 (right now there is a $100 fee credit for COVID for renewals in 2020)..
Both CSR and CSP and going to find a hard time securing renewals with a less than generous benefit relatively compared to the Freedom Unlimited/Flex. Maybe it is intention? We know for sure that CSR has been a money loser for Chase which is why even the bonus is less than that of the CSP for such a long time. I think the 50% bonus redemption on points with the CSR is what's hurting Chase the most.
why did you hold the card continuously for 4 years? Betting it is the lounge benefit and the $300 credit which minimizes the impact of the annual fee.
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And I like the metal card...feels premium...jk