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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
If you take advantage of an offer on our site, Slickdeals may receive a commission.
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 Mar 2004
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practicalme
05-19-2022 at 12:11 PM.
05-19-2022 at 12:11 PM.
Quote from aboyz :
if i singed up online can i call chase to get the $95 waived? please advise on what is best to do now..
Currently, the annual fee is waived in branch only so if you applied online, it isn't waived. The reason most likely is so that they can present you with other products.
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Joined Apr 2017
L2: Beginner
> bubble2 50 Posts
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Lokon19
05-19-2022 at 12:12 PM.
05-19-2022 at 12:12 PM.
Quote from Mawsu :
It is 80k for everyone now and 100k if any luck (via their credit journey portal)

How do you check your portal offers?
Reply
Joined Apr 2017
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> bubble2 50 Posts
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Lokon19
05-19-2022 at 12:14 PM.
05-19-2022 at 12:14 PM.
Quote from BraveHalibut805 :
When was it 100k ?
Last October.
Reply
Joined Apr 2020
L10: Grand Master
> bubble2 8,565 Posts
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SlickCrowd6832
05-19-2022 at 12:31 PM.
05-19-2022 at 12:31 PM.
a little confused....

more redemption value on travel purchased through Chase Points are worth 50% more when you redeem them for flights, hotels, car rentals and cruise lines through Ultimate Rewards.

BUT THIS CARD OFFERS 25%?
Reply
Joined Dec 2017
L2: Beginner
> bubble2 36 Posts
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JayM2822
05-19-2022 at 12:50 PM.
05-19-2022 at 12:50 PM.
Does anyone know how long referral points take to hit? I referred my wife and it's been about a 3.
Reply
Joined Sep 2009
L10: Grand Master
> bubble2 15,328 Posts
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Knightshade
05-19-2022 at 01:12 PM.
05-19-2022 at 01:12 PM.
Quote from SlickCrowd6832 :
a little confused....

more redemption value on travel purchased through Chase Points are worth 50% more when you redeem them for flights, hotels, car rentals and cruise lines through Ultimate Rewards.

BUT THIS CARD OFFERS 25%?

50% is on the Chase Sapphire Reserve. Which has a $550 annual fee (and other perks)

This card is the Chase Sapphire Preferred- which has a $95 annual fee (waived in branch first year) and offers a 25% bonus in the travel portal.


Both allow transfers to partners, which is where the real value usually lies anyway.

(though depending on how much value you get out of the extra perks the CSR might still be worthwhile over this card apart from the difference in signup bonus)
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Joined May 2008
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> bubble2 355 Posts
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aboyz
05-19-2022 at 01:15 PM.
05-19-2022 at 01:15 PM.
is it worth it to keep the annual fee for the next year or just downgrade it to no annual fee? how much purchase will make it worth it to keep the annual fee? i do travel once or twice a year is it worth it in my situation? please advise..
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Joined Mar 2017
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Bingyuorz
05-19-2022 at 01:42 PM.
05-19-2022 at 01:42 PM.
I got an 100k points offer in my chase account
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westmi
05-19-2022 at 02:41 PM.
05-19-2022 at 02:41 PM.
Quote from Bingyuorz :
I got an 100k points offer in my chase account

Where did you find this offer in your account?
Reply
Joined Jun 2019
L3: Novice
> bubble2 133 Posts
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231338
05-19-2022 at 02:48 PM.
05-19-2022 at 02:48 PM.
Definitely grab it if you can get 80k, you can always downgrade it to one of the on-annual fee cards after first year
Reply
Joined Dec 2007
L3: Novice
> bubble2 292 Posts
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joako420
05-19-2022 at 03:09 PM.
05-19-2022 at 03:09 PM.
Quote from aboyz :
is it worth it to keep the annual fee for the next year or just downgrade it to no annual fee? how much purchase will make it worth it to keep the annual fee? i do travel once or twice a year is it worth it in my situation? please advise..
If you redeem 38k points for travel through the Chase portal you break even assuming you get $0 benefit out of anything else on the card.

In other words 38k points = $380 for cash on any other Chase card or 38k points = $475 in travel through this card on the Chase portal.

It is valuable especially when you combine with Freedom/Freedom Flex and Freedom unlimited cards because you can move/combine points. And of course if you can use the other benefits of the Sapphire card.
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Joined Oct 2018
L2: Beginner
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WeakenedSoul
05-19-2022 at 03:09 PM.
05-19-2022 at 03:09 PM.
Signed up at the 80K promo, just got my card about a week ago in the mail. Then yesterday got the 100k offer in the mail. Think I could talk them into honoring it?
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Joined Dec 2007
L3: Novice
> bubble2 292 Posts
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joako420
05-19-2022 at 03:12 PM.
05-19-2022 at 03:12 PM.
Quote from BraveHalibut805 :
Does anyone think I should wait for the 100k offer or just go for this ? Cause I applied for Amex blue cash preferred in the month of April.
Go for this now before new Amex card shows on your credit report. Just make sure you look how people are getting $95 fee first year waived in branch!

Since Chase does not have a once in a lifetime language like Amex (So hopefully that BCP had a very good offer) you could always get bonus on Sapphire card after 48 month waiting period.
Reply
Joined May 2008
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> bubble2 355 Posts
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aboyz
05-19-2022 at 03:20 PM.
05-19-2022 at 03:20 PM.
Quote from joako420 :
If you redeem 38k points for travel through the Chase portal you break even assuming you get $0 benefit out of anything else on the card.

In other words 38k points = $380 for cash on any other Chase card or 38k points = $475 in travel through this card on the Chase portal.

It is valuable especially when you combine with Freedom/Freedom Flex and Freedom unlimited cards because you can move/combine points. And of course if you can use the other benefits of the Sapphire card.
So its totally worth it to pay the annual fee of $95 year because you can get 25% more in total travel correct? is this what i'm hearing?
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mattstermh
05-19-2022 at 04:16 PM.
05-19-2022 at 04:16 PM.
I applied online and they are ardent about not waiving the fee. That was a mistake.
Reply
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