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Chase Sapphire PreferredĀ® Card: Spend $4,000 in First 3 Months Expired

Earn 100K points
+711 Deal Score
1,499,254 Views
Update: This great credit card offer is still available.

Our best offer ever! Chase is offering 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards, 3X points on dining and 2X points on all other travel purchases, plus more. Annual fee is $95.

Thanks to community member Helper02 for finding this deal.
  • 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 RewardsĀ®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate RewardsĀ®, 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 RewardsĀ®. 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.

Slickdeals may be compensated by Chase.

Original Post

Written by
Edited October 7, 2021 at 06:20 AM by
Our best offer ever! Chase is offering 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate RewardsĀ®. 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases worldwide. Annual fee is $95.
  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate RewardsĀ®.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 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 RewardsĀ®. For example, 100,000 points are worth $1,250 toward travel.
  • With Pay Yourself Backā„ , your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.


Slickdeals may be compensated by Chase.
Created 06-03-2021 at 02:54 PM by helper02
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Deal
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1,499,254 Views
Earn 100K points
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.

5,762 Comments

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I mentioned the offer to my wife who is a Chase employee and she pulled it up on her internal system. It had a note that they had additional offers if you apply in a branch. You get the 100k points, 1st year AF waived, and a $50 grocery credit. So essentially an extra $145 for applying in the branch.
Wow. No brainer if you are eligible for the bonus.
I signed up for 80k offer just last week. Can I get chase to make it 100k?

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Joined Dec 2008
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1dash1
09-06-2021 at 12:26 PM.
09-06-2021 at 12:26 PM.
Quote from GCS :
interesting, were these travel expenses or just regular purchases?

I need to book plane tickets and may not have my credit before I need to buy them and if I can get 1.25 "paying myself back" on these I would be perfectly fine with that
Travel does not qualify for Pay Yourself Back points redemption.
https://slickdeals.net/forums/showpost.php?p=149374678&postcount=4221
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Joined Dec 2008
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> bubble2 3,770 Posts
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1dash1
09-06-2021 at 01:10 PM.
09-06-2021 at 01:10 PM.
Quote from CosmologicalConstant :
What's the logic of having the Sapphire Preferred and Reserve simultaneously?
The decision to pick up the Sapphire Preferred is a stand-alone decision, based on the merits of the 100K sign-up bonus. The question is whether it is worthwhile to also add the Chase Reserve.
  • For those that can take full advantage of the travel perks [chase.com], the Sapphire Reserve is worth it despite the $550 annual fee.
  • For those that have accumulated a large cache of UR points, the Sapphire Reserve's 1.5 cents per point redemption rate (via the Pay Yourself Back option or by booking travel via UR travel portal) might make it attractive.
Those who are interested in picking up both cards should consider the MDD to pick up both sign-up bonuses. However, few do so.

Those that decide to get the Reserve after having already received their Preferred card, doing a product change from their existing Freedom account is a viable option. However, product changes are not eligible for sign-up bonuses.
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Joined Dec 2008
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> bubble2 3,770 Posts
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1dash1
09-06-2021 at 04:37 PM.
09-06-2021 at 04:37 PM.
Quote from sr20alex :
Alex, your account ending in xxx was change from a Sapphire ReserveĀ® Card to your current FreedomĀ® Card on August 30, 2021

You are currently eligible to change your existing credit card to the Sapphire PreferredĀ® Card product, but you won't be eligible to receive the new cardmember bonus if you change products.

Alex, I take it that what you posted is a direct quote from a Chase message.

Please note that the response says nothing about whether you qualify to apply for a new Sapphire Preferred card. Instead, it comments on your eligibility to make a product change from your existing credit card to a Sapphire Preferred card.

It is likely that you are eligible now to apply online for a new Sapphire Preferred card.

For in-branch application, Chase seems to rely on a different system of screening applicants. I think it would be wise for you to wait a week, as you said, before applying in-branch. (The $95 annual fee is waived in-branch.)
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Joined Jul 2008
L5: Journeyman
> bubble2 912 Posts
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sr20alex
09-06-2021 at 05:07 PM.
09-06-2021 at 05:07 PM.
Yes, it's a direct quote. I asked them if I was able to apply for the CSP now and they sent me that message. Unfortunately the only day I can go is Friday. I do hope it's still around then.

I've checked in the apply for new credit card and the CSP doesn't populate.
Reply
Joined Dec 2008
L5: Journeyman
> bubble2 779 Posts
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GCS
09-06-2021 at 07:11 PM.
09-06-2021 at 07:11 PM.
Quote from 1dash1 :
Travel does not qualify for Pay Yourself Back points redemption.
https://slickdeals.net/forums/showpost.php?p=149374678&postcount=4221
bummer but thank you for that info I was not aware.

Wonder if I could grab some gift cards at home depot or Lowes or even Kroger for travel (don't recall what travel GCs they sell) and go that route instead.

Have to be concerned that the purchase would show as GCs even at those stores thus negating the pay yourself back part.
Reply
Last edited by GCS September 6, 2021 at 07:14 PM.
Joined May 2007
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ultrasubzero123
09-06-2021 at 09:48 PM.
09-06-2021 at 09:48 PM.
Quote from SiennaDeer8270 :
But then you have to fly and spend money. I thought cash is king so that you can use it to invest and earn even more cash.
Not sure if you're being facetious but that's a very rudimentary way of spending/investing money. Sure, getting 1.25 cents per point is decent, but if I have a flight planned in a couple months and can get 2.5-3 centers per point, isn't that a much better return?

You cash out 1.25 cents and would expect to double that by investing within a few months?
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Joined Feb 2006
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Tazmania99
09-06-2021 at 10:28 PM.
09-06-2021 at 10:28 PM.
You can certainly buy airline gift cards to meet the minimum spend as they will be coded as purchases and also qualify for 1.25x PYB redemption if buying from stores like Home Depot and Lowe's. However, please remember that by buying your ticket with gift cards you're giving up all sorts of travel protections you are getting with your CSP.

Quote from GCS :
bummer but thank you for that info I was not aware.

Wonder if I could grab some gift cards at home depot or Lowes or even Kroger for travel (don't recall what travel GCs they sell) and go that route instead.

Have to be concerned that the purchase would show as GCs even at those stores thus negating the pay yourself back part.
Reply

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Joined Nov 2006
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AznAnt
09-06-2021 at 11:36 PM.
09-06-2021 at 11:36 PM.
Anyone know if Chase would refund the $550 annual fee if I cancel with a month?

My initial plan was to downgrade my CSR to a Freedom card then sign up for CSP, but I totally forgot to do it before the renewal date and have been charged the annual fee.
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Tazmania99
09-07-2021 at 12:01 AM.
09-07-2021 at 12:01 AM.
Yes, you can get a prorated refund of the annual fee. If you downgrade the CSR within 30 days the fee posted to your account, you can request a full refund.

Quote from AznAnt :
Anyone know if Chase would refund the $550 annual fee if I cancel with a month?

My initial plan was to downgrade my CSR to a Freedom card then sign up for CSP, but I totally forgot to do it before the renewal date and have been charged the annual fee.
Reply
Joined Nov 2006
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> bubble2 1,284 Posts
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AznAnt
09-07-2021 at 12:08 AM.
09-07-2021 at 12:08 AM.
Quote from Tazmania99 :
Yes, you can get a prorated refund of the annual fee. If you downgrade the CSR within 30 days the fee posted to your account, you can request a full refund.

Thanks for confirmation, I'm still within the 30 day period so I'll request a full refund.

I think I have to wait 30 days after the downgrade before I'm eligible to sign up for the CSP, hopefully the deal won't expire yet.

I'm gonna transfer all the points from the CSR to another card then transfer them back when I upgrade back to a CSR so I can take advantage of the 1.5X redemption.
Reply
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Tazmania99
09-07-2021 at 12:18 AM.
09-07-2021 at 12:18 AM.
Indeed, you don't need to wait 30 days for Chase to complete the downgrade. Product change usually takes 3 to 5 days in general. Since Chase increased the bonus points in June, the process has been prolonged to 1 to 2 weeks. You may try to sign up 2 weeks after you request the product change.

Also, some tips before your downgrade.

Quote from AznAnt :
Thanks for confirmation, I'm still within the 30 day period so I'll request a full refund.

I think I have to wait 30 days after the downgrade before I'm eligible to sign up for the CSP, hopefully the deal won't expire yet.

I'm gonna transfer all the points from the CSR to another card then transfer them back when I upgrade back to a CSR so I can take advantage of the 1.5X redemption.
Reply
Last edited by Tazmania99 September 7, 2021 at 12:22 AM.
Joined Nov 2020
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> bubble2 20 Posts
SharpDesk104
09-07-2021 at 05:36 AM.
09-07-2021 at 05:36 AM.
If I am added as additional user on my wife's card, would I be ineligible to get future chase card offers, since they always have 24 month cool off period?
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Joined Jun 2008
L9: Master
> bubble2 4,735 Posts
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AndrewinMD
09-07-2021 at 05:41 AM.
09-07-2021 at 05:41 AM.
If anyone wants to transfer points to Aer Lingus, the 30% bonus transfer offer ends on Sep 26th. 130,000 Avios points on Aer Lingus is worth a free peak business-class round trip ticket from the east coast to Ireland -- it's 100,000 for off peak. Cost varies but I saw tickets for about $1900 yesterday.

My points hit on the 22nd so I'll just make it.
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Joined Nov 2016
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sm1907
09-07-2021 at 06:43 AM.
09-07-2021 at 06:43 AM.
How can I pay a housing loan EMI using a credit card?
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Joined Nov 2016
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sm1907
09-07-2021 at 06:52 AM.
09-07-2021 at 06:52 AM.
I just ordered this last month and got charged $95. Is there a way to reach out to the bank to waive off this fee?
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