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

Oled tv's aren't worth it. Picture quality is crap. Go for qled. Much better quality.

$200 is the face value of 20K points I would say. When I split $100 with you, you can't value my $50 to buy a lotto ticket and then win a jackpot for a million dollar. You are not sharing my million dollar, right? Same as the referral points. You can't assume your friend must cash out the 20K points for $250.

Actually its not like lotto at all, you can easily cash out at 1.25 with this card . There is no risk of chance. Winning a million dollars is like 1 in a billion , but getting 1.25 on this card for your points is guaranteed if your smart enough to redeem it that way. I know you have been helpful in this thread but that is not a good analogy.

Hey, you asked for an opinion and you got one. The point is that there's SOME variability with the valuation of these 20k points. I think you understand that, but you instead chose to respond with your "uh no, it's not like the lotto at all" comment?

Also, now you're putting stipulations on your friend who's sending you the referral. Yeah, you're helping them earn 20k points, but you're also saying that half of the value of those points are really yours. Oh and your friend needs to be smart about it, so they need to make sure they use their credit card on groceries or whatever other eligible categories there are for the Pay Yourself Back program. Oh and they need to do so before the end of this month.

I just moved into a new house and need to furnish it. I'm thinking of a couch and that LG C1 TV would put me over the 4k bonus points for this card.

Does anyone have any advice on if this card is worth it for the new home purchases? We have a newborn and can't really travel as we used to, are those points worth it if we cant travel in, say, a year from now?

We have the quicksilver 1.5% on everything already. Also a USAA cc 5% up to 3k/yr back on gas, 2% up to 3k/yr on groceries, 1% on everything no limit.

Oled tv's aren't worth it. Picture quality is crap. Go for qled. Much better quality.

I just moved into a new house and need to furnish it. I'm thinking of a couch and that LG C1 TV would put me over the 4k bonus points for this card.

Does anyone have any advice on if this card is worth it for the new home purchases? We have a newborn and can't really travel as we used to, are those points worth it if we cant travel in, say, a year from now?

We have the quicksilver 1.5% on everything already. Also a USAA cc 5% up to 3k/yr back on gas, 2% up to 3k/yr on groceries, 1% on everything no limit.

You sound like a good candidate for this card:
- You don't seem interested in churning, so signing up for another credit card (affecting your 5/24) isn't on your radar screen.
- You have items to spend on to meet the $4K spend limit quickly.
- You could use the extra cash.​

Really, the only thing missing would be that you have some travel plans in the upcoming year.

Do a quick check of your eligibility:
https://slickdeals.net/forums/showpost.php?p=147783607&postcount=850

If you qualify, this deal is a no-brainer for you. The 100K bonus points are worth a minimum of $1000. Apply in-branch to get the $95 annual fee waived and that $1000 is all profit.

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At some time in the future, you may wish to broaden your credit card portfolio to increase your returns on purchases.

1. Discover Card (no annual fee). 5% rotating categories.
2. Freedom Flex (no annual fee). 5% rotating categories. This is the card you should downgrade from your Chase Sapphire Preferred at the end of one year.
3. Amazon CC (no annual fee, but Amazon Prime fee paid separately). Combined with your Amazon Prime membership earns 5% cash back.
4. AmEx Blue Cash ($75 annual). 6% cash back on groceries and streaming services.
5. AmEx Simply Cash (no annual fee). 5% at office supply stores and cell phone expenses.
6. US Bank Cash+ (no annual fee). 5% for home utilities, cable TV, internet and streaming services. Categories selectable, but these were my choices.
7. Any of the many 2% cash back on all purchases, e.g., Citi Double Cash card.

Note: Sometimes it's better to purchase using a card that offers Price Protection or Extended Warranty, depending on what you are purchasing. I routinely forego the higher cash back cards and use my AmEx card when purchasing electronic equipment.

I think we are talking about the one-time incentive (the sign-up bonus) and the ongoing benefits of CSP here.

For the sign-up bonus, it is the highest points ever for CSP. 100K points is worth at least $1000, and potentially worth $1250 if redeeming for purchases on eligible categories. The max you can get from $4K purchase is $1300 statement credit on $4000 purchase. ([100K bonus points + 4000 points from minimum spend] x 1.25 = $1300) Even if the Pay Yourself Back option expires this month, your 100K points is still worth $1000. This is very generous. You don't easily find another card bonus that can beat it.

For the ongoing benefits, it has 5x on travel through Chase portal, 3x points on dining, 2x points on all other travel purchases, $50 hotel credit, plus other travel-related benefits. CSP is a travel card. It is no surprise the benefits are mostly related to travel. If you don't travel, these benefits are pretty meh.

Because of the generous sign-up bonus, it is still worth to sign up. After a year just downgrade the CSP to Chase Freedom which is a better choice for everyday spending.

At some time in the future, you may wish to broaden your credit card portfolio to increase your returns on purchases.

1. Discover Card (no annual fee). 5% rotating categories.
2. Freedom Flex (no annual fee). 5% rotating categories. This is the card you should downgrade from your Chase Sapphire Preferred at the end of one year.
3. Amazon CC (no annual fee, but Amazon Prime fee paid separately). Combined with your Amazon Prime membership earns 5% cash back.
4. AmEx Blue Cash ($75 annual). 6% cash back on groceries and streaming services.
5. AmEx Simply Cash (no annual fee). 5% at office supply stores and cell phone expenses.
6. US Bank Cash+ (no annual fee). 5% for home utilities, cable TV, internet and streaming services. Categories selectable, but these were my choices.
7. Any of the many 2% cash back on all purchases, e.g., Citi Double Cash card.

Note: Sometimes it's better to purchase using a card that offers Price Protection or Extended Warranty, depending on what you are purchasing. I routinely forego the higher cash back cards and use my AmEx card when purchasing electronic equipment.

Is chase credit limit more stringent than others? I got approved but much lower than all my other cards.