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

Earn 80K Points
+107 Deal Score
269,482 Views
Update: This popular deal is still available. This offer will end at 6 PM EST on 6/1/2022.

Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening with the Chase Sapphire Preferred® Card. That's $1,000 when you redeem through Chase Ultimate Rewards®. Annual fee is $95.

Thanks to community member moorheadhawk for finding this deal.

  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 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, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, 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.

Slickdeals may be compensated by Chase.

Original Post

Written by
Edited June 1, 2022 at 11:56 AM by
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening with the Chase Sapphire Preferred® Card. That's $1,000 when you redeem through Chase Ultimate Rewards®. Annual fee is $95.

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 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, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, 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.

    If you don't like annual fee, try one of the no annual fee chase cards from link below:
    Chase No Annual Fee Cards
Slickdeals may be compensated by Chase
Created 04-13-2022 at 09:48 AM by moorheadhawk
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Deal
Score
+107
269,482 Views
Earn 80K 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.

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Featured Comments

Was approved for this card @80K signup bonus a couple weeks ago. Some notes:

This is a great card for anyone who travels or plans to soon travel!
Call your local branch and see if they offer 80K signup + first year fee waived. If you do apply in branch, allot at least 30 minutes for this Frown.
If you have a Peloton membership, note that the Preferred will credit you $60 total off fees, but I think only through June, so act quick!
I didn't get my card after a week, despite a 1-2 day delivery promise. I called in, and they said, oh, whoops, we forgot to ship it! (and they then indeed shipped it 2nd day air via UPS).
You'll get the most value from the 80K points BY FAR by transferring them strategically to airline/hotel partners (most often: United and Hyatt). Do some reading across blogs to learn more.
I know when I applied for this card, I did it in the branch and got a $125 grocery credit incentive. Basically every time I shopped at a grocery store I received a credit back until the $125 credit was maxed…. It may be worth it to call a banker & ask if they have that promo as it was only for in branch applications, not online & worth it to a trip to the bank, if you ask me!
I don't think there's been a better offer on the reserve in many years?

Outside of the SUB the CS > CSP used to be a no brainer, but with the higher AF on the CSR, and the improved benefits/earn on CSP it's a tougher choice now.


Today it's $155 more (removing the travel credit from the price difference) for CSR...

SUPER generously if we count the GE/TSA credit as $20 a year that drops it to $135/yr more for CSR.



For the $135 you get:

Priority Pass (still the good one that includes restaurants unlike Amex)

Marginally better travel insurance coverage

"free" roadside assitance (up to 4 calls a year, max $50 per call)

You do get significantly better purchase protection (10k per claim instead of $500- but then I'm buying most expensive stuff with a Citi card for 2 years of extra warranty anyway)

1.5x for your points in the travel portal vs 1.25 for CSP- but this is rarely a worthwhile use of points for most folks compare to transfers.

10x points (vs 5x on CSP) for cash spend in the travel portal or Chase Dining portals- but those again aren't frequently the ideal way to book for most folks anyway.



So as I say, when this was $35-55/yr it was easy... ONE 2 person use of priority pass at an airport restaurant more than covered this- if you get anything out of any other benefit you're golden.


At $135 it's much more marginal for many.

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Joined May 2007
L2: Beginner
> bubble2 80 Posts
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harpons
04-15-2022 at 11:25 AM.
04-15-2022 at 11:25 AM.
Scheduled to talk to a banker on phone, see if they will waive the fee
Reply
Joined Sep 2013
New User
> bubble2 8 Posts
10 Reputation
jrv425
04-15-2022 at 02:27 PM.
04-15-2022 at 02:27 PM.
Quote from sceptor :
Sent a DM w/ info

Can you send my way also? I just hit 48 months with my current Chase Sapphire Preferred and would like to get the bonus points. I'm debating whether to stick to the preferred or go with the reserve
Reply
Joined Nov 2020
L4: Apprentice
> bubble2 367 Posts
197 Reputation
rebyid
04-15-2022 at 03:24 PM.
04-15-2022 at 03:24 PM.
Quote from moveout07 :
Am Damn unlucky, it was 60000 points 3 weeks back . Now 80000 :'(

It was 100k...
2
Reply
Joined Nov 2020
L4: Apprentice
> bubble2 367 Posts
197 Reputation
rebyid
04-15-2022 at 03:26 PM.
04-15-2022 at 03:26 PM.
Quote from Fragster :
Got in last time and same bonus....pretty legit. I used it to buy a Rolex and got the points back within a month. Then paid it off, flipped the rolex and made $15k net profit. Bummer I left the card open all this while cos I could have closed it and jumped back on this deal.

This definitely is the one of the best CC offers recently other than the Capital One venture but it had high credit score for qualification (760+).

Tell us about this Rolex.
1
Reply
Joined Nov 2020
L4: Apprentice
> bubble2 367 Posts
197 Reputation
rebyid
04-15-2022 at 03:26 PM.
04-15-2022 at 03:26 PM.
Quote from ctdees :
i honest to god applied and got this last friday. Called to see if they would match it. They said no. So much for loyalty from chase for years of having their other cards.

huca.
Reply
Joined Nov 2008
L3: Novice
> bubble2 115 Posts
28 Reputation
bruin27
04-15-2022 at 05:17 PM.
04-15-2022 at 05:17 PM.
Can you just cancel once you get the bonus points to avoid the yearly fee?
Reply
Joined Dec 2016
L2: Beginner
> bubble2 35 Posts
14 Reputation
mengrish
04-15-2022 at 06:21 PM.
04-15-2022 at 06:21 PM.
Quote from Fragster :
Got in last time and same bonus....pretty legit. I used it to buy a Rolex and got the points back within a month. Then paid it off, flipped the rolex and made $15k net profit. Bummer I left the card open all this while cos I could have closed it and jumped back on this deal.

This definitely is the one of the best CC offers recently other than the Capital One venture but it had high credit score for qualification (760+).

Need to wait 48 months from last bonus. Doesn't matter when you close or downgrade the card.
Reply

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Joined Aug 2018
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> bubble2 424 Posts
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Mawsu
04-15-2022 at 06:30 PM.
04-15-2022 at 06:30 PM.
It is 80k for everyone now and 100k if any luck (via their credit journey portal)
Reply
Joined May 2007
L5: Journeyman
> bubble2 665 Posts
40 Reputation
ultrasubzero123
04-15-2022 at 07:50 PM.
04-15-2022 at 07:50 PM.
Quote from hipshot2k12 :
Only eligible for one Sapphire bonus every 48 months so you didn't miss anything by not closing the card out.

Does this require closing my CSR and then applying for this new CSP?

Sounds like I also need to make sure I haven't applied for too many other credit cards. Chase has a 5 cards in 20 months rule right?
Reply
Joined May 2007
L5: Journeyman
> bubble2 665 Posts
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ultrasubzero123
04-15-2022 at 07:51 PM.
04-15-2022 at 07:51 PM.
Quote from mengrish :
Need to wait 48 months from last bonus. Doesn't matter when you close or downgrade the card.

Does this require closing my CSR and then applying for this new CSP?

Sounds like I also need to make sure I haven't applied for too many other credit cards. Chase has a 5 cards in 20 months rule right?
Reply
Joined Jul 2013
L3: Novice
> bubble2 204 Posts
26 Reputation
abc_dennis
04-16-2022 at 12:13 AM.
04-16-2022 at 12:13 AM.
Quote from bruin27 :
Can you just cancel once you get the bonus points to avoid the yearly fee?

Yeah. But it's better to downgrade to a free card so your credit isn't affected
Reply
Joined Feb 2018
L2: Beginner
> bubble2 41 Posts
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Or2nges
04-16-2022 at 03:31 AM.
04-16-2022 at 03:31 AM.
Quote from Mawsu :
It is 80k for everyone now and 100k if any luck (via their credit journey portal)

Are you able to see 100k offer now ?
Reply
Joined Aug 2011
L5: Journeyman
> bubble2 640 Posts
roll_right
04-16-2022 at 08:20 AM.
04-16-2022 at 08:20 AM.
Quote from Or2nges :
Are you able to see 100k offer now ?
Mine is showing only 80k to upgrade from my Freedom Unlimited. I'm waiting until 100k to bite.
1
Reply
Joined Nov 2011
L4: Apprentice
> bubble2 467 Posts
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miamicuse
04-16-2022 at 08:42 AM.
04-16-2022 at 08:42 AM.
So I applied for this to get the bonus and was declined. Not because of credit or income because I am 800+. I have a Chase Sapphire Reserve card and a Chase Ink Business card that I use regularly for many years. I actually applied from within the account after logging in and they said they cannot approve it and will be mailing me an explanation in the next ten days.

I have no credit card application in the last 24 months to ANY bank, so it can't be the 5/24 rule.

So I looked back into my statements.

For the CSR card, my first statement was for the period 5/8/18 to 6/7/18 and it reflected a 50K bonus.

For the CIB card, my first statement was for the period 6/22/18-7/21/18 and it reflected a 100k bonus.

So it is the 48 month rule? I last received a bonus on 6/22/18 so I can't apply for another one with bonus till 6/23/2022 is that what this is?
Reply

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Joined Aug 2010
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> bubble2 157 Posts
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bvam1
04-16-2022 at 12:18 PM.
04-16-2022 at 12:18 PM.
Quote from miamicuse :
So I applied for this to get the bonus and was declined. Not because of credit or income because I am 800+. I have a Chase Sapphire Reserve card and a Chase Ink Business card that I use regularly for many years. I actually applied from within the account after logging in and they said they cannot approve it and will be mailing me an explanation in the next ten days.

I have no credit card application in the last 24 months to ANY bank, so it can't be the 5/24 rule.

So I looked back into my statements.

For the CSR card, my first statement was for the period 5/8/18 to 6/7/18 and it reflected a 50K bonus.

For the CIB card, my first statement was for the period 6/22/18-7/21/18 and it reflected a 100k bonus.

So it is the 48 month rule? I last received a bonus on 6/22/18 so I can't apply for another one with bonus till 6/23/2022 is that what this is?

You can't have both CSR and CSP at the same time.
Reply
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