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

Earn 100K points
+711 Deal Score
1,499,124 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
Score
+711
1,499,124 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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Featured Comments

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 May 2007
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ultrasubzero123
09-16-2021 at 11:02 PM.
09-16-2021 at 11:02 PM.
As a datapoint... downgraded my wife's Reserve on Sat 9/4. She just tried to apply via referral link on Fri 9/17 but wasn't instantly approved. We got a Decision Pending.

Any idea what the issue might be? We see the 100k offer when click on Open An Account.
Reply
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> bubble2 3,770 Posts
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1dash1
09-16-2021 at 11:21 PM.
09-16-2021 at 11:21 PM.
Quote from cliff1127 :
As a datapoint... downgraded my wife's Reserve on Sat 9/4. She just tried to apply via referral link on Fri 9/17 but wasn't instantly approved. We got a Decision Pending.

Any idea what the issue might be? We see the 100k offer when click on Open An Account.
Maybe they don't process applications at 1AM in the morning. If you haven't heard from them by the 19th, call the Reconsideration Line: (888) 270-2127
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Joined Dec 2008
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1dash1
09-16-2021 at 11:30 PM.
09-16-2021 at 11:30 PM.
Quote from Imperium_vir :
I see nothing of the sort of "your new account bonus" anywhere on the app. I guess I got F'ed over. Don't go in-branch guys.
If you don't get the 100K bonus points after applying in-branch and having the card approved, you would be the first one to be so unlucky out of the nearly 5000 posted comments here on this discussion thread.

Not very likely. Facepalm
Reply
Last edited by 1dash1 September 16, 2021 at 11:43 PM.
Joined Jan 2020
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> bubble2 1,412 Posts
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SiennaDeer8270
09-16-2021 at 11:33 PM.
09-16-2021 at 11:33 PM.
Quote from Tazmania99 :
Did you see the second link? You have to wait for your card, activate it, and wait a day before your see anything about your CSP progress on Chase app.
So naive to believe people actually click on your links. If you dont spoon feed and type it out, aint no one reading what you post.
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Joined Nov 2006
L2: Beginner
> bubble2 42 Posts
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bluewave75
09-17-2021 at 12:01 AM.
09-17-2021 at 12:01 AM.
Quote from cliff1127 :
As a datapoint... downgraded my wife's Reserve on Sat 9/4. She just tried to apply via referral link on Fri 9/17 but wasn't instantly approved. We got a Decision Pending.

Any idea what the issue might be? We see the 100k offer when click on Open An Account.

I was in similar situation - not rejected just pending. I called today was told that they need to take credit limits from one of my other chase credit cards. I said sure, and boom! Approved.
Reply
Joined Apr 2009
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> bubble2 617 Posts
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RiseAgainst
09-17-2021 at 05:22 AM.
09-17-2021 at 05:22 AM.
Anyone think I'd get approved at 705 credit score, 6 month credit history, 50k income? 2 secured cards open currently at 3000 credit limit total. Would like to avoid inquiry if it's likely I'd get rejected.
Reply
Joined Feb 2006
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Tazmania99
09-17-2021 at 05:29 AM.
09-17-2021 at 05:29 AM.
Unfortunately, this article says no! [thepointsguy.com]

Quote from RiseAgainst :
Anyone think I'd get approved at 705 credit score, 6 month credit history, 50k income? 2 secured cards open currently at 3000 credit limit total. Would like to avoid inquiry if it's likely I'd get rejected.
Reply

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Joined Aug 2013
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Dazed420
09-17-2021 at 08:24 AM.
09-17-2021 at 08:24 AM.
Quote from Imperium_vir :
I see nothing of the sort of "your new account bonus" anywhere on the app. I guess I got F'ed over. Don't go in-branch guys.
I applied in branch yesterday and didn't see it either. Today it showed up 100k for 4k/3mos with an end date.
Quote from Tazmania99 :
Did you see the second link? You have to wait for your card, activate it, and wait a day before your see anything about your CSP progress on Chase app.
Just a DP, I haven't received my card yet but the bar showed up in my Chase app the next day after applying in-branch.
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Tazmania99
09-17-2021 at 08:45 AM.
09-17-2021 at 08:45 AM.
Thank you. It seems we actually don't need to activate the card to see the card details on the app but need to wait some time. I have corrected my post.

Quote from Dazed420 :
Just a DP, I haven't received my card yet but the bar showed up in my Chase app the next day after applying in-branch.
Reply
Joined Jun 2012
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Firebird72
09-17-2021 at 12:28 PM.
09-17-2021 at 12:28 PM.
Quote from ScottoDono :
Anyone know how long it normally takes for the referral 20000 points to post?
Refer code was used on 7/8, points added on 8/2.
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1dash1
09-17-2021 at 12:29 PM.
09-17-2021 at 12:29 PM.
Quote from RiseAgainst :
Anyone think I'd get approved at 705 credit score, 6 month credit history, 50k income? 2 secured cards open currently at 3000 credit limit total. Would like to avoid inquiry if it's likely I'd get rejected.
I don't see anything in the The Points Guy article that flat out discourages RiseAgainst from applying.

While the 705 credit score is below average, it is much higher than the typical low score of 646 quoted in the article. Indeed, there have been SD members with lower scores than RiseAgainst who reported successful applications in this discussion thread.

RiseAgainst's income level and income/available credit limit ratio is good. Really, the only negative thing is his extremely short credit history. Based solely on the article, I'd say the risk-reward of this opportunity (credit rejection vs. 100K bonus) is favorable.

Tazmania99, can you elaborate on your interpretation of The Points Guy article?
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cooooooool
09-17-2021 at 02:08 PM.
09-17-2021 at 02:08 PM.
I might know the answer, but wanna make sure. Does it has hard credit check which affects my credit score?
Reply
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Tazmania99
09-17-2021 at 02:14 PM.
09-17-2021 at 02:14 PM.
1dash1, you got a point, but from my understanding RiseAgainst's concern is a waste of a hard inquiry. I can't say he will be 100% denied for CSP, but his chance of getting approved is apparently below the average.

The Points Guy article did say a DP with a credit score as low as 646 got approved, but the Chase Sapphire Preferred's average required score is 736. This translates to me that anyone with FICO below 736 will have a slimmer chance of getting approved. This is one negative.

Furthermore, CSP is a Visa Signature with minimum credit limit of $5K. RiseAgainst only has two secured credit cards with $3K total credit limit and only 6 months of credit history. This is another negative. While his average credit of cards is less than the minimum credit limit of CSP, and all his cards are secured cards, it will be difficult to get approved since CSP generally requires applicants to have good to excellent credit.

Having a good relationship with Chase definitely will be helpful, such as having a saving or checking account with a meaningful deposit, or any other small business accounts with Chase. Perhaps the person with 646 credit score but got approved is in this scenario. We don't know. But RiseAgainst did not mention anything about his relationship with Chase.

I think RiseAgainst did the right move by opening up two secured credit cards to start building his credit. Secured credit cards are reported to credit bureaus and it will be beneficial to him in a long run if he handles his credit responsibly. While holding the secured credit cards, he should be slowly shifting to unsecured cards, and choose the more beginner friendly credit cards to continue strengthening his credit profile. Discover IT is one good choice. Even other no-fee cards are easier to get approved for beginners than the ones with annual fee which usually require good to excellent credit history; in this case the CSP.

This is just my 2 cents and doesn't mean it must be zero chance for RiseAgainst. As you said in your post, it is all about the risk-rward of a hard inquiry vs. 100K points.

RiseAgainst, hope you don't mind my analysis. Nothing offensive here. Peace


Quote from 1dash1 :
I don't see anything in the The Points Guy article that flat out discourages RiseAgainst from applying.

While the 705 credit score is below average, it is much higher than the typical low score of 646 quoted in the article. Indeed, there have been SD members with lower scores than RiseAgainst who reported successful applications in this discussion thread.

RiseAgainst's income level and income/available credit limit ratio is good. Really, the only negative thing is his extremely short credit history. Based solely on the article, I'd say the risk-reward of this opportunity (credit rejection vs. 100K bonus) is favorable.

Tazmania99, can you elaborate on your interpretation of The Points Guy article?
Reply
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Tazmania99
09-17-2021 at 02:17 PM.
09-17-2021 at 02:17 PM.
Credit card application usually results in a hard pull of your credit report with which it will lower your credit score by several points. AMEX is an exception as they have soft pulls for certain cards if you are already an existing AMEX customers.

Quote from cooooooool :
I might know the answer, but wanna make sure. Does it has hard credit check which affects my credit score?
Reply

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chotaBK
09-17-2021 at 03:01 PM.
09-17-2021 at 03:01 PM.
question, i recently got CSP due to this thread. actually met the 4k req for bonus today. i have an old slate card that i still use that has some of my home bills on it. am i able to ALSO upgrade the slate to a chase sapphire reserve ?
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