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Chase Sapphire Preferred® Card: Earn 80K Bonus Points w/ $4,000 Spent on Purchases

+237 Deal Score
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Chase is offering 80,000 Bonus Points ($1,000 towards travel) w/ $4,000 Spent in the First 3 Months of Account Opening for their Chase Sapphire Preferred® Card with $95 Annual Fee.

Card Details:
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • 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.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.


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Created 03-14-2021 at 09:45 AM by helper02
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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.

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Joined Sep 2008
L7: Teacher
> bubble2 2,471 Posts
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lanb
04-01-2021 at 09:28 PM.
04-01-2021 at 09:28 PM.
Quote from mn8 :
So i have chase saphire reserve, am i eligible? I see people go back and forth, let me know! Im outside the 48 months
Only if you downgrade/cancel the CSR and then apply after a week or two.
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Joined Jun 2019
L2: Beginner
> bubble2 2,132 Posts
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Pro
Fanime
04-01-2021 at 09:30 PM.
04-01-2021 at 09:30 PM.
Quote from shade45 :
Just applied for it today at the branch. The banker didn't give me any paperwork back. Is there a way to check online about 80k promo 50 groceries credit etc?? I have a chase login and I can see the nre card online but where do I check for my promos?
Secure message them asking for the details of the welcome bonus attached to your account.
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Joined Jun 2019
L2: Beginner
> bubble2 2,132 Posts
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Fanime
04-01-2021 at 09:32 PM.
04-01-2021 at 09:32 PM.
Quote from firefox15 :
Aren't the Sapphire cards a 10k minimum credit line?
Sapphire Reserve is $10k. Sapphire Preferred is a tiny $5k.
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Joined Nov 2011
L5: Journeyman
> bubble2 677 Posts
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lmj7373
04-02-2021 at 12:54 AM.
04-02-2021 at 12:54 AM.
Quote from shade45 :
I don't see it in chase app. I see the card that I applied but I don't see any info about 80k points or $50 groceries credit. Where do I go in the app exactly? Thanks in advance.

On mine it's under the recent transactions box, the next box down says "Your new account bonus. Earn 80k points after you spend $4000 by (Date).

Then it has a 0.00 spent $4000 to go.. (temperature Guage slider to see how close you are) Under that box is another box that shows full card options and benefits.

FYI TAP on the card picture in app to get to this page.

I'm on an Android phone so if you have Apple 🍎 it may appear differently.
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Last edited by lmj7373 April 2, 2021 at 12:58 AM.
Joined May 2015
L5: Journeyman
> bubble2 755 Posts
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pnstate1986
04-02-2021 at 03:13 AM.
04-02-2021 at 03:13 AM.
Quote from EffinAhole :
In that case, does it matter how many cards you have in the Freedom family, because I have 2 other Freedom cards already as well lol...

Also, does it risk anything or is it ok to ask them to reduce my credit on the saphire card I would be downgrading? I signed up for like 4 or 5 credit cards within the past year here, I am worried my credit limit would be low signing up for this sapphire preferred card and thus not having enough credit to get the bonus.

Each time you reduce the credit limit on a card, it lowers your credit score, just an FYI
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Joined Mar 2006
L9: Master
> bubble2 5,287 Posts
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shade45
04-02-2021 at 03:21 AM.
04-02-2021 at 03:21 AM.
Quote from lmj7373 :
On mine it's under the recent transactions box, the next box down says "Your new account bonus. Earn 80k points after you spend $4000 by (Date).

Then it has a 0.00 spent $4000 to go.. (temperature Guage slider to see how close you are) Under that box is another box that shows full card options and benefits.

FYI TAP on the card picture in app to get to this page.

I'm on an Android phone so if you have Apple 🍎 it may appear differently.

Yeah I see It now but it wasn't there yesterday. Probably the account was too new. Thanks Repped.
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Joined Mar 2006
L9: Master
> bubble2 5,287 Posts
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shade45
04-02-2021 at 03:24 AM.
04-02-2021 at 03:24 AM.
Quote from pnstate1986 :
Each time you reduce the credit limit on a card, it lowers your credit score, just an FYI

But if you are just moving some credit line for other chase card to this card it will not effect your credit score.
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Joined May 2015
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pnstate1986
04-02-2021 at 03:33 AM.
04-02-2021 at 03:33 AM.
Wow, just wow. I had no idea people used these bonuses then dumped the cards. I put everything on CCs and I don't think I've ever got a bonus. I have always stayed away from cards with annual fees. I have a lot to learn about this stuff. Thanks for the education.
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Joined Nov 2011
L5: Journeyman
> bubble2 677 Posts
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lmj7373
04-02-2021 at 04:04 AM.
04-02-2021 at 04:04 AM.
Quote from pnstate1986 :
Each time you reduce the credit limit on a card, it lowers your credit score, just an FYI

Not really true. What happens is when you lower your credit limit in a card and you have a balance, your utilization of available credit goes up. And you will/may see a lower score especially if you go above 30% utilization.

Your explanation and even mine are a bit simplistic and I fully encourage anyone who wants detailed info to ask on the /credit Subreddit. Utilizing there knowledge I raised my credit score from a 580 to 735 currently.
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Joined Nov 2007
L7: Teacher
> bubble2 2,345 Posts
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hollowpockets
04-02-2021 at 05:32 AM.
04-02-2021 at 05:32 AM.
Quote from JCT :
Thanks i wasnt planning to abuse it, the merchant decided to refund me and put it back on my card. now i'm struggling to find something else to spend on....

i almost wish they didnt refund me LOL

Buy groceries or gift cards that you know you will spend in the future. Gas, etc.
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Joined Nov 2007
L7: Teacher
> bubble2 2,345 Posts
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hollowpockets
04-02-2021 at 05:36 AM.
04-02-2021 at 05:36 AM.
Quote from pnstate1986 :
Wow, just wow. I had no idea people used these bonuses then dumped the cards. I put everything on CCs and I don't think I've ever got a bonus. I have always stayed away from cards with annual fees. I have a lot to learn about this stuff. Thanks for the education.

Yeah it can be powerful. Just build an excel and follow when you signed up, when bonus hit and when/if you closed it. We paid for more than half a trip to kuai in 2018 with just two card bonuses and regular spend to build points I had over 300k in chase points. I blitzed another $2000 last year with pay yourself back, by buying gift cards at grocery stores.
American express is one bonus per lifetime I believe so watch those. Chase bas gotten harder with the 48 month rule, I believe it used to be less and you used to be able to have more than one sapphire open at once. You don't even need to go that far down the rabbit hole to make it worth it. Best of luck.
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Joined Nov 2007
L7: Teacher
> bubble2 2,345 Posts
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hollowpockets
04-02-2021 at 05:38 AM.
04-02-2021 at 05:38 AM.
Quote from rajdori :
I already have freedom. I don't WANT TO get freedom unltd, if I don't have to. So any risks if I cancel CSR and then apply for CSP after four days? I have to wait for four days?

Call and move all but $500 of your available credit to another chase card before cancelling. This way it doesn't impact your score as much.
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Joined Nov 2011
New User
> bubble2 30 Posts
10 Reputation
Imhotep86
04-02-2021 at 06:26 AM.
04-02-2021 at 06:26 AM.
Chase Saphire Reserve or Amex Rose gold card ? Which has better options for redemption?
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Last edited by Imhotep86 April 2, 2021 at 06:49 AM.
Joined Aug 2009
L4: Apprentice
> bubble2 317 Posts
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rajdori
04-02-2021 at 07:48 AM.
04-02-2021 at 07:48 AM.
Quote from hollowpockets :
Call and move all but $500 of your available credit to another chase card before cancelling. This way it doesn't impact your score as much.

I cancelled, and kept 10k limit aside... So that they find enough credit to assign to CSP. and don't put my application on hold.
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Joined Aug 2009
L4: Apprentice
> bubble2 317 Posts
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rajdori
04-02-2021 at 07:53 AM.
04-02-2021 at 07:53 AM.
Quote from Thinker :
30 days..

I saw 4 days, 7 days and 30 days quoted for this. Can some people share actual experiences...? On how long to wait to apply, after cancelling current CSR card?
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