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

Earn 80K Points
+107 Deal Score
269,445 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

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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
269,445 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 Feb 2007
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> bubble2 528 Posts
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SDJunkie76
05-15-2022 at 12:21 PM.
05-15-2022 at 12:21 PM.
Quote from HSEKI :
I opened it at branch yesterday where I inquired about the 100K points, the staff helping me said it was not available. Only perks of opening at bank is that they waive annual fee,expedite shipping the card to you and help create online account and add card onto your apple pay so that you can start using the card right away.
Thank you! My wife has the card so I am better off with the referral that gets 15000 pts than the annual fee waive at the branch.
Reply
Joined Jul 2019
L4: Apprentice
> bubble2 420 Posts
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lester78
05-15-2022 at 10:20 PM.
05-15-2022 at 10:20 PM.
Can you use the $50 Annual Ultimate Rewards Hotel Credit right away after getting the card?
Reply
Last edited by lester78 May 16, 2022 at 11:21 AM.
Joined Jul 2020
L2: Beginner
> bubble2 85 Posts
18 Reputation
Jayn221
05-16-2022 at 09:36 AM.
05-16-2022 at 09:36 AM.
can you downgrade this card to avoid paying a 2nd annual fee?
Reply
Joined Jul 2008
L6: Expert
> bubble2 1,829 Posts
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localHero
05-16-2022 at 09:40 AM.
05-16-2022 at 09:40 AM.
Quote from Jayn221 :
can you downgrade this card to avoid paying a 2nd annual fee?

Pretty sure you can and if you can apply in a branch, you should be able to avoid the 1st annual fee.
Reply
Joined Nov 2005
L5: Journeyman
> bubble2 560 Posts
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eastcoastwester
05-16-2022 at 11:56 AM.
05-16-2022 at 11:56 AM.
Does anyone know if you can pay for things via Venmo or PayPal F&F and the like without paying fees like cash advance. Etc? I just got this card and I'm trying to get the $4,000 up quick. Have a handyman coming out to do some work and he takes cash app, zelle, PayPal, Venmo. Check or cash.
Want to try and use this card if possible.
Reply
Joined Jul 2017
L1: Learner
> bubble2 24 Posts
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HawksFan8819
05-16-2022 at 12:05 PM.
05-16-2022 at 12:05 PM.
Quote from eastcoastwester :
Does anyone know if you can pay for things via Venmo or PayPal F&F and the like without paying fees like cash advance. Etc? I just got this card and I'm trying to get the $4,000 up quick. Have a handyman coming out to do some work and he takes cash app, zelle, PayPal, Venmo. Check or cash.
Want to try and use this card if possible.

I use my Chase Freedom Unlimited to pay people on Venmo all the time without issue. I'm sure it's the same with CSP
Reply
Joined May 2014
L8: Grand Teacher
> bubble2 3,559 Posts
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JoeySD
05-16-2022 at 02:12 PM.
05-16-2022 at 02:12 PM.
Quote from HawksFan8819 :
I use my Chase Freedom Unlimited to pay people on Venmo all the time without issue. I'm sure it's the same with CSP
You only get charged the 3% fee and it counts as purchase and not cash advance correct? You send them money as friends/family and not use "Turn on as purchase" which would charge the receiver a 1.9% fee too.
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Joined Jul 2017
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HawksFan8819
05-16-2022 at 02:21 PM.
05-16-2022 at 02:21 PM.
Correct you're only charged the 3% fee by Venmo. You'll get rewards like any other purchase on your card. If you're sending money for a service I would use "Turn on as Purchase" to be safe
Reply
Joined May 2014
L8: Grand Teacher
> bubble2 3,559 Posts
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JoeySD
05-16-2022 at 04:08 PM.
05-16-2022 at 04:08 PM.
Quote from HawksFan8819 :
Correct you're only charged the 3% fee by Venmo. You'll get rewards like any other purchase on your card. If you're sending money for a service I would use "Turn on as Purchase" to be safe
If I already met the $4K minimum and in my account it shows I have 80K point already can I just cash that amount now and then transfer the full balance over to another credit card that offers 0% balance transfer before the due date on this Chase card? My goal was to get the bonus right away since I was going to spend over $5K on Flooring material which I have done now.
1
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Joined Oct 2011
L3: Novice
> bubble2 203 Posts
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soltan
05-16-2022 at 05:03 PM.
05-16-2022 at 05:03 PM.
Quote from candelabra :
Venture X is 75K points, the card gets double points, and you can transfer to Avianca to book StarAlliance flight deals. The fee is higher at $450ish, but $300 comes back when you book anything through travel.capitalone.com, which is not a bad site.You get priority pass and a handful of other things that help offset the cost. I just completed the $10K spend in 6 months requirement, not too bad. Now it's $4k in 3 months for 75K points, even easier. plus Global Entry, and 10K bonus miles every year.

What does the 80K or 75K points even mean here? Do they translate to about by 100 dollars ie $800 worth of cash? Where can we spend those points/dollars? Only on airline /any airline?


I have a Southwest chase card which I get points that can only be spent on buying airline tickets from Southwest. For this card 100 points = $1.
Reply
Joined Dec 2005
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> bubble2 1,033 Posts
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candelabra
05-16-2022 at 09:44 PM.
05-16-2022 at 09:44 PM.
Quote from soltan :
What does the 80K or 75K points even mean here? Do they translate to about by 100 dollars ie $800 worth of cash? Where can we spend those points/dollars? Only on airline /any airline?


I have a Southwest chase card which I get points that can only be spent on buying airline tickets from Southwest. For this card 100 points = $1.
These type of cards have a more flexible system than the dedicated airline cards. You can redeem points for cash, travel credits through their portals, or transfer to many partner programs such as airlines, hotels, etc. You can check out the card sites to see the specific ways you can use the points, but their power is in their flexibility. I use them for airfare, which tends to offer the best bang for the buck. HTH
1
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Joined Feb 2010
L3: Novice
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mattstermh
05-17-2022 at 06:35 AM.
05-17-2022 at 06:35 AM.
They said they aren't waiving fees. Has anyone had success?
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Joined Jul 2008
L6: Expert
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localHero
05-17-2022 at 06:40 AM.
05-17-2022 at 06:40 AM.
Quote from mattstermh :
They said they aren't waiving fees. Has anyone had success?

1st year AF was waived for me when I applied in a branch.
Reply
Joined Feb 2017
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cristianperez500
05-17-2022 at 09:12 AM.
05-17-2022 at 09:12 AM.
Quote from fiveohmxco :
anyone know how to find out if you're eligible for the bonus points? I had a sapphire preferred years ago and have never been able to figure out when my 5 years has passed to be eligible again. TIA

I believe it is 4 years (48 months) from from last time sapphire bonus was received.
Reply

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Joined Jul 2003
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kaabob
05-17-2022 at 11:15 PM.
05-17-2022 at 11:15 PM.
Quote from mattstermh :
They said they aren't waiving fees. Has anyone had success?

I applied in branch ~4 hrs after your post and was able to get the annual fee waived . The terms on the computer in branch actually says so though I couldn't find it online
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