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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

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
269,445 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 Oct 2013
L7: Teacher
> bubble2 2,008 Posts
329 Reputation
tygron
05-19-2022 at 04:35 PM.
05-19-2022 at 04:35 PM.
Quote from aboyz :
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?
Depends on your yearly spending on the card. Here is a calculator I found after a quick search, seems to be correct. Plug in your spending and see what the card is worth based on your spending.

https://www.asksebby.com/credit-c...calculator

Quote from Lokon19 :
How do you check your portal offers?
Log in at chase.com
Click on Credit Journey under Plan, track & manage
Click Offers tab.
Reply
Last edited by tygron May 19, 2022 at 04:38 PM.
Joined Dec 2008
L3: Novice
> bubble2 179 Posts
37 Reputation
blazin6969
05-19-2022 at 04:39 PM.
05-19-2022 at 04:39 PM.
I got 100k in the mail
Reply
Joined Mar 2017
L2: Beginner
> bubble2 30 Posts
10 Reputation
Bingyuorz
05-19-2022 at 05:20 PM.
05-19-2022 at 05:20 PM.
Quote from westmi :
Where did you find this offer in your account?
It's in my chase app, open an account, credit card, then in the list of cards I found this card with the 100k points offer
Reply
Joined Jul 2008
L6: Expert
> bubble2 1,829 Posts
285 Reputation
localHero
05-19-2022 at 07:03 PM.
05-19-2022 at 07:03 PM.
Quote from Bingyuorz :
It's in my chase app, open an account, credit card, then in the list of cards I found this card with the 100k points offer

Interesting. I never ran across that section on the Chase page before but my offer is only for 80,000 points. They must like you better than me.laugh out loud


I had already gotten the 80,000 point deal via the branch so my feelings aren't too hurt.
Reply
Joined Jun 2010
L1: Learner
> bubble2 19 Posts
13 Reputation
majinwu
05-19-2022 at 07:25 PM.
05-19-2022 at 07:25 PM.
I got this card back in 2017 and then cancelled a year or two later. Would I be eligible to sign up for this same card again now?
Reply
Joined Sep 2013
L1: Learner
> bubble2 10 Posts
22 Reputation
AnthonyA6298
05-19-2022 at 08:19 PM.
05-19-2022 at 08:19 PM.
Quote from majinwu :
I got this card back in 2017 and then cancelled a year or two later. Would I be eligible to sign up for this same card again now?

Yes, as long it has been more than 4 years since you received your last bonus.
Reply
Joined May 2014
L8: Grand Teacher
> bubble2 3,559 Posts
143 Reputation
JoeySD
05-19-2022 at 10:32 PM.
05-19-2022 at 10:32 PM.
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 Aug 2019
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> bubble2 49 Posts
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BootyAndTheHoeFish
05-20-2022 at 05:43 AM.
05-20-2022 at 05:43 AM.
Quote from AnthonyA6298 :
Yes, as long it has been more than 4 years since you received your last bonus.
I was approved and activated the card 4 years ago, but I didn't get the bonus until a couple months later. Do I need to wait until 4 years from when I received the bonus, or can I apply now since its already been 4 years since I signed up for the card?
Reply
Joined Jan 2020
L2: Beginner
> bubble2 52 Posts
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SeriousMeerkat5950
05-20-2022 at 05:53 AM.
05-20-2022 at 05:53 AM.
I went with trepidation to local branch(first time from mid nineties, had Internet banks since then) expecting a lot of push and sales speeches but procedure was quite painless. At the front door was asked what I am here for, then local manager stepped out, and brought me to the office. Just read card benefits, asked if I had this card within 48 months (nope, I am tracking all my application in google spreadsheet but he did not need to know about that), asked for proof of identity (license and any credit card), typical questions. Took 20 min or so, worth saving annual fees.
Reply
Joined Mar 2018
L3: Novice
> bubble2 240 Posts
59 Reputation
BoogieDad
05-20-2022 at 09:39 AM.
05-20-2022 at 09:39 AM.
Trying to get this card for my wife. There is a $150 referral bonus for me if i do that and she gets the 80K points. However if she signs up online she will have to pay the annual fee for the 1st year. Does anyone know if i can get this referral bonus by having us go in to the bank and getting her signed up?
Reply
Joined Jul 2003
L7: Teacher
> bubble2 2,420 Posts
576 Reputation
kaabob
05-20-2022 at 05:15 PM.
05-20-2022 at 05:15 PM.
Quote from aboyz :
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?

Apply in branch and have the annual fee waived. If you don't spend the points by next anniversary date then downgrade to one of the $0 annual fee cards (Freedom unlimited, Freedom Flex) to prevent a hit to your credit score and also keep the spending limit.
Reply
Joined Nov 2015
New User
> bubble2 411 Posts
98 Reputation
Theful13ffect
05-20-2022 at 07:05 PM.
05-20-2022 at 07:05 PM.
Quote from BoogieDad :
Trying to get this card for my wife. There is a $150 referral bonus for me if i do that and she gets the 80K points. However if she signs up online she will have to pay the annual fee for the 1st year. Does anyone know if i can get this referral bonus by having us go in to the bank and getting her signed up?
That wasn't the case last year. You can't sign up in branch and also use a referral, it's one or the other.
Reply
Joined Feb 2006
~ Always Spinning ~
> bubble2 4,544 Posts
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Pro
Tazmania99
05-20-2022 at 07:20 PM.
05-20-2022 at 07:20 PM.
The clock starts from the date your were credited the bonus points.

Quote from BootyAndTheHoeFish :
I was approved and activated the card 4 years ago, but I didn't get the bonus until a couple months later. Do I need to wait until 4 years from when I received the bonus, or can I apply now since its already been 4 years since I signed up for the card?
Reply
Joined Jan 2008
L4: Apprentice
> bubble2 351 Posts
53 Reputation
dirtrat
05-20-2022 at 08:04 PM.
05-20-2022 at 08:04 PM.
Quote from AnthonyA6298 :
Yes, as long it has been more than 4 years since you received your last bonus.
AND he meets the Chase 5/24 rule.
Reply

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Joined Sep 2009
L10: Grand Master
> bubble2 15,328 Posts
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Knightshade
05-21-2022 at 06:35 AM.
05-21-2022 at 06:35 AM.
Quote from aboyz :
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?

Maybe?

If you're definitely using the portal, and spending at least 38k points, then yes.


Transfers to airlines or hotels are often an even better way to get value out of the point though, and you'd potentially need to use even fewer points to make up the annual fee (only Chase cards with an annual fee allow transfers)

For example it's pretty easy to get >2 cents a point on flights or hotels this way, meaning to make up a $95 fee you'd only need to transfer a little under 9500 in points, if you're getting >2 cents a point in value, to make the annual fee worth it.


Likewise over on the CSR, net the travel credit the annual fee is $250.... but you get a bunch more benefits (free priority pass including some restaurants for example, plus lyft and door dash memberships and credits, which may or may not make it worth it (and also get 50% portal bonus if you're sticking to the portal) that may or may not make it worth it
1
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