Chase [link for reference only; branch locator] is offering Up to 90,000 Signup Bonus Points when you Open a New Chase Sapphire Preferred Credit Card Account and meet minimum spending thresholds (see details below). This offer is available in-branch only.
Thanks to Community Member hondaman82 for posting this deal.
Bonus details:
Earn 80,000 bonus points after spending $4,000 in the first 3 months from account opening.
Additional 10,000 bonus points after spending $6,000 total on purchases made in the first 6 months from account opening
Total potential bonus of 90,000 bonus points, worth $1,125 toward travel when redeemed through Ultimate Rewards.
START 3/19, Signup for the Chase Sapphire Preferred and get 80,000 points after $4,000 in spend within the first three months, plus an additional 10,000 bonus points after spending $6,000 total on purchases made in the first 6 months. Total 90,000 points bonus possible. In-Branch Exclusive Offer, the usual 5/24 rules applied, screenshot attached, https://ibb.co/71gjgt7
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You can not have more than 1 Sapphire card at the same time, and you can not get a new Sapphire signup bonus if you received one on any Sapphire card in the last 48 months.
For anyone debating on whether to go for this, know that the all time high is 100k bonus points, making this a very lucrative opportunity.
You can- I've seen YMMV reports about how many days you need to wait between cancelling and new application though.
Also things to keep in mind:
Use any credits you might have on existing card you haven't used yet.
Insure you move your UR points to a different card before closing old one.
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Fairwinds is 60,000 points- not 90,000. You only get $900 "value" and only if you book specifically through CUrewards.
The Chase offer- for those who don't travel- is $900 cash. It's worth $1200 in the chase portal, but possibly a lot more than that via transfers...speaking of- back to the Fairwinds card...
You don't have the ability to transfer to hotels and airlines, so between that and the above the real value for those who travel is much lower than the chase card.
The benefits aren't as good either... Most obvious there is the auto rental coverage is secondary (ie garbage) while Chase is primary (ie actually worth using)
The only aspect potentially at all interesting is earning 2 points per dollar in non-category, which would be 3% if and only if the travel portal offered good value and you spent enough regularly in non-cat for it to be worth it.... but I think I'd still rather be earning any of 2x MR, 1.5x UR, or 2.625% straight cash with Amex, Chase, or BOA respectively for non-category spend than that, and the card seems pretty unremarkable otherwise.
Just converted Sapphire to Freedom and was told that I can wait only 5 business days to apply for a new Sapphire card and would qualify for a sign-in bonus offer; no need to wait 30 days.
Not sure how to proceed here. Does anyone have any additional info?
The minimum is 4 days. Waiting 7 is the recommended safe route. That has been the rule for sapphire downgrades. Cancellations require waiting a month. Reps may tell you 30, but a week is good enough for downgrades.
I have the freedom, I got this card just so I can transfer points to Hyatt now since the freedom didn't allow that, the 90k bonus is nice - what should I do with the freedom? I stopped using it a while ago after I paid it off but considering they don't allow you to transfer points unless you at least a csp - should I close it?
I went into one branch about 20 mins ago (4/12/23) and they said they only had the 60k offer. Just called another branch and she said they have the 90k in-branch. About to swing by there to hopefully get it!
Called my local branch. They confirmed they had the 90k offer. Just got back and got the offer. No issues. Took about 15 minutes. That had all my information from other products. Might take a little longer if they need to collect everything again.
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Also things to keep in mind:
Use any credits you might have on existing card you haven't used yet.
Insure you move your UR points to a different card before closing old one.
Sign up for a Slickdeals account to remove this ad.
Yes just got it today. I was preapproved, and it took about 20 min.
Thanks. Will check tomorrow
Got mine today as well.
So, still available. 4/11
I did.
Fairwinds is 60,000 points- not 90,000. You only get $900 "value" and only if you book specifically through CUrewards.
The Chase offer- for those who don't travel- is $900 cash. It's worth $1200 in the chase portal, but possibly a lot more than that via transfers...speaking of- back to the Fairwinds card...
You don't have the ability to transfer to hotels and airlines, so between that and the above the real value for those who travel is much lower than the chase card.
The benefits aren't as good either... Most obvious there is the auto rental coverage is secondary (ie garbage) while Chase is primary (ie actually worth using)
The only aspect potentially at all interesting is earning 2 points per dollar in non-category, which would be 3% if and only if the travel portal offered good value and you spent enough regularly in non-cat for it to be worth it.... but I think I'd still rather be earning any of 2x MR, 1.5x UR, or 2.625% straight cash with Amex, Chase, or BOA respectively for non-category spend than that, and the card seems pretty unremarkable otherwise.
Not sure how to proceed here. Does anyone have any additional info?
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CSR since 2018
Downgraded to Chase Freedom on 3/21
Attempt #1: 3/25 - not available
Attempt #2: 3/30 - not available
Attempt #3: 4/13 - approved
Looks like it takes 10 days after downgrading from Sapphire to get approved
Good luck everyone.
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