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Chase Sapphire Preferred 80000 bonus sign up

+36 Deal Score
44,925 Views
Direct link! [chase.com]

Not as great as 90K bonus in branch last month, but still better than current 70K points online, $95 Annual Fee as usual Smilie

I am not a professional churner, but manage to get about 40 millions UR points over the years so doing pretty good so far... see pic: https://ibb.co/dr3GjF1

T&C

Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months after account opening,* that's $1,000 in travel rewards when you redeem through Chase Ultimate Rewards®.

This product is available to you if you do not have any Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 48 months.
More ways to earn
New! Earn 3X points on dining, including eligible delivery services, takeout and dining out.*
New! Earn 5X total points on travel purchased through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit.*
New! Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards.*
Earn 2X on other travel purchases.*
New! Earn 3X points on online grocery purchases (excluding Target, Walmart and wholesale clubs).*
New! Earn 3X points on select streaming services.*
Plus, earn 1 point per dollar spent on all other purchases.*
in Credit Cards (7) Chase Business Checking
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+36
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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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Joined Nov 2010
L6: Expert
> bubble2 1,724 Posts
471 Reputation
BGRT
06-27-2023 at 08:45 PM.
06-27-2023 at 08:45 PM.
Quote from Knightshade :
This only makes sense if you, personally, only value UR points at 1 cent per point.

Which is horrifically low compared to actual value for flying in the pointy end of the plane.

Getting 4-6 cents in business, or 6-8 points in first, isn't terribly challenging.

Even getting 2-3 cents a point for coach or hotel rooms isn't hard.

Typically business is 2x, not 3x, of coach points wise... but often a LOT more than 2x for cash.

That's where a lot of the value is.

I'm flying to Japan later this year- arriving after a 14 hour flight, fully rested and ready to go, (on top of well fed, etc) is essentially buying me a full extra day of vacation on both ends of the trip instead of being exhausted for 1-2 days each way from spending 14 hours each direction in coach.

But again, even if you DO fly coach, you can do 2-3 cents a point typically, so taking the garbage 1 cent cash value is still setting $ on fire unless you just never travel at all, which sounds boring AF.
Not sure where you're getting these multiples dude. For example right now if I search SFO-NRT round trip 9/9-9/23, the best flight on the Chase travel portal is a China Airlines flight $1158 economy which equates to 92600 CSP UR points if my calculation is correct. Same flight is $1073 on Kayak, so there's a 1.15:1 ratio. But if I want to save money I can take a budget airline Zipair which would be $864. I fly a lot and when I do have a CSP card and compare it to cash prices, cash is always fairly close to the UR points converted 1:1 to money and usually I have budget options if I want to save money.

As for business, it's definitely 3x or more. Example above, business class, same route and date (different airline but lowest price on Chase portal) is $4586 which is 4x the economy price.

If you're finding business tickets that are only 2x economy or finding 2:1 value conversions, good for you, but I've never seen such a conversion from Chase.

Maybe I'm young (not really) but I'm ready to roll after a 14 hr economy flight with a transfer in between Smilie
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Reply
Last edited by BGRT June 27, 2023 at 08:48 PM.
Joined Sep 2009
L10: Grand Master
> bubble2 15,360 Posts
4,346 Reputation
Knightshade
06-27-2023 at 08:47 PM.

Our community has rated this post as helpful. If you agree, why not thank Knightshade

06-27-2023 at 08:47 PM.
Quote from BGRT :
Not sure where you're getting these multiples dude. For example right now if I search SFO-NRT round trip 9/9-9/23, the best flight on the Chase travel portal
That's your issue right there.

You don't use the portal. The portal is garbage- especially for the pointy end of the plane.

You transfer to an airline. Where business is just about always 2x economy, and you can easily get 4-6 cents a point on the low end for business, 6-8 cents for great redemptions.

I'm flying ANA business from NYC to Tokyo, returning Tokyo to LA, for 85,000 points, which is a $7000 cash ticket roundtrip--- even discounting the taxes on the ticket I'm getting almost 7.5 cents a point.... or compared to your other example tickets I'm paying roughly the SAME amount (if I treated the points as 1 cent each for cash) as your coach redemptions but instead getting to fly in business class in one of the best luxury products in the sky.


If you're still looking at portal values you need to do some reading before trying to discuss the topic further- value via transfers is massively higher than the portal for anything outside budget airlines in coach.
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Last edited by Knightshade June 27, 2023 at 08:57 PM.
Joined Jan 2011
L3: Novice
> bubble2 146 Posts
130 Reputation
ccat
06-27-2023 at 09:19 PM.
06-27-2023 at 09:19 PM.
Where does it say how much referrer gets?

Also any tips on where you can search for using ana points for business class?
Reply
Joined Apr 2012
L6: Expert
> bubble2 1,927 Posts
2,068 Reputation
NMIMW
06-27-2023 at 09:27 PM.
06-27-2023 at 09:27 PM.
Quote from StefanG0275 :
Checked my wife's referral and her page says 75k, but the link lead me to a 60k... has anyone run into a similar issue?
Are you confusing the [up to] 75k referral bonus with sign up bonus?

Earn up to 75,000 bonus points per year
You can get 15,000 bonus points for each friend who gets the Chase Sapphire Preferred® Credit Card.
Reply
Joined Nov 2005
L8: Grand Teacher
> bubble2 3,382 Posts
3,783 Reputation
Original Poster
Pro
hondaman82
06-27-2023 at 09:29 PM.
06-27-2023 at 09:29 PM.
I'm thinking many have applied from the 90k bonus last time so not much action this time LOL...
yes, the best value of using UR points is transfer to Airline partners for best redemption if flying premium cabins or transfer to hotel brand for hotel staying, There are a few urgent travel trip that I use portal to book because Partner airline did not have seat available. occasionally I also redeem for Apple product when they have 1.5x bonus redemption, i.e Iphone 14 promax 1TB only use 100k UR points vs retail of $1500
Reply
Joined Nov 2006
L10: Grand Master
> bubble2 12,855 Posts
1,065 Reputation
poohbie
06-27-2023 at 09:38 PM.
06-27-2023 at 09:38 PM.
Quote from haxed :
Thank you for sharing! Definitely better than the 70k! Maybe there is a 90k in the branch but will need to confirm when I go in next time.

I sent you a DM hondaman82 if you're able to check Smilie
In-branch, are they still waiving the annual fee for the first year?
Reply
Joined Nov 2010
L6: Expert
> bubble2 1,724 Posts
471 Reputation
BGRT
06-27-2023 at 09:59 PM.
06-27-2023 at 09:59 PM.
Quote from Knightshade :
I'm flying ANA business from NYC to Tokyo, returning Tokyo to LA, for 85,000 points, which is a $7000 cash ticket roundtrip--- even discounting the taxes on the ticket I'm getting almost 7.5 cents a point.... or compared to your other example tickets I'm paying roughly the SAME amount (if I treated the points as 1 cent each for cash) as your coach redemptions but instead getting to fly in business class in one of the best luxury products in the sky..
I just checked that flight, it has a $526 equivalent of taxes and fees on top of the 85k points. Total cash cost would be over $1300 and it's also waitlisted. So with our example flight the question is whether the $300 increase and the possibility of getting the flight canceled one week worth it to take a business flight vs an economy flight you can buy with cash. For me, the answer is a definite no. My flight time is spent watching movies that I bring on the plane myself and napping. Something like a 14 hr flight goes by pretty quickly.

Your problem is that you're discounting what people care and don't care about on their vacations. Whereas I understand people like yourself who value what seats and what plane you're on, I really don't. My wife just flew ANA business from SFO to NRT. It's nice, but I'm not her and I don't care about that experience. To me, cash is king.

By the way, anything that has high margins for a business, such as business class fares for airlines, by definition has higher perceived value (the price they show on a website) than intrinsic value (the cost of providing that flight). So they can discount the fare through points and make it look like you got a good deal but instead you just overpaid less. This is exactly why economy conversions have lower ratios because you weren't overpaying to begin with.
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Last edited by BGRT June 27, 2023 at 10:52 PM.

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Joined Nov 2015
L2: Beginner
> bubble2 45 Posts
10 Reputation
StefanG0275
06-28-2023 at 03:11 AM.
06-28-2023 at 03:11 AM.
Quote from NMIMW :
Are you confusing the [up to] 75k referral bonus with sign up bonus?

Earn up to 75,000 bonus points per year
You can get 15,000 bonus points for each friend who gets the Chase Sapphire Preferred® Credit Card.

Her page says 75k sign up 15k referral. When she copied it, the link told me 60k and 15k.
Reply
Joined Oct 2004
L6: Expert
> bubble2 1,059 Posts
163 Reputation
GenerationSlick
06-28-2023 at 04:09 AM.
06-28-2023 at 04:09 AM.
I just called Chase and try to get this offer; I signed up last week for 60K offer through referral link. I was turned down because Chase official site only offers 60K for signup and the direct link in this thread doesn't offer the promotion code that the representative can look up? Is there one?
Reply
Joined Nov 2008
L7: Teacher
> bubble2 2,294 Posts
262 Reputation
dualityofman
06-28-2023 at 05:57 AM.
06-28-2023 at 05:57 AM.
Quote from hondaman82 :
hello, no trick really.. just biz expense, I flip house and home remodel job so pretty much all building materials expense are charge on Chase Smilie

Honda Type R brah!
1
Reply
Joined Nov 2010
"Buy Low-Live High"
> bubble2 3,364 Posts
596 Reputation
bchill
06-28-2023 at 06:00 AM.

Our community has rated this post as helpful. If you agree, why not thank bchill

06-28-2023 at 06:00 AM.
This is a great card to take advantage of. I was able to get it a few years ago with the 100k signup. The key to getting the most value from the elite Chase cards is the ability to transfer the points to a travel partner and to also bring points from other Chase cards like the Freedom series over to this card. I have had the best luck with Hyatt Hotels and United Airlines. Some people get really creative and use Turkish airlines to book with points and as a United partner. It gets really deep. I use Dans Deals dot com for the best reference on how to use these points.
1
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Joined Sep 2009
L10: Grand Master
> bubble2 15,360 Posts
4,346 Reputation
Knightshade
06-28-2023 at 06:19 AM.
06-28-2023 at 06:19 AM.
Quote from BGRT :
I just checked that flight, it has a $526 equivalent of taxes and fees on top of the 85k points. Total cash cost would be over $1300 and it's also waitlisted.
Well yes, it's waitlisted NOW.... I booked it months ago.


Not sure where you get "over $1300" from, my total taxes on the reward flight was 763.05 USD.

And I already mentioned that in the math- that's how I got ~7.4 cents a point, I subtracted the cash cost first. If you left that out it'd be well over 8 cents a point.



Quote from BGRT :
So with our example flight the question is whether the $300 increase and the possibility of getting the flight canceled one week worth it to take a business flight vs an economy flight you can buy with cash. For me, the answer is a definite no.

If you don't think $300 total to fly 14 hours, each way, in business instead of coach is worth it you've never flown anything but coach.


More importantly though it totally debunked your original actual claim that it's 3x the cost to do so, or that points are only worth 1.5 cents.


Now you're just moving goalposts after your original claims were disproven.




Quote from poohbie :
In-branch, are they still waiving the annual fee for the first year?

They haven't done that for years
5
Reply
Joined May 2017
L3: Novice
> bubble2 178 Posts
10 Reputation
Ashrk
06-28-2023 at 06:41 AM.
06-28-2023 at 06:41 AM.
Does the 90k points offer come often?
Reply
Joined Mar 2018
L3: Novice
> bubble2 136 Posts
52 Reputation
NeatBreakfast1844
06-28-2023 at 06:46 AM.
06-28-2023 at 06:46 AM.
Quote from dagarwal3 :
I see 75k plus 15k for the referrer. So, it is account based.
In other words, this is a targeted promotion?
Also looks like this is being offered by Chase Business Checking, at least according to the original post.
A little more context would be useful here, because I'm also seeing 60k + 15k .

Edit: Using the "direct link" gets me to an 80k page....but doesn't land on the same place as the refer-a-friend link does. I need to be able to generate an 80k referral.
Reply
Last edited by NeatBreakfast1844 June 28, 2023 at 07:11 AM.

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Joined Nov 2014
L4: Apprentice
> bubble2 453 Posts
61 Reputation
SamW5482
06-28-2023 at 06:57 AM.
06-28-2023 at 06:57 AM.
Quote from Knightshade :
That's your issue right there.

You don't use the portal. The portal is garbage- especially for the pointy end of the plane.

You transfer to an airline. Where business is just about always 2x economy, and you can easily get 4-6 cents a point on the low end for business, 6-8 cents for great redemptions.

I'm flying ANA business from NYC to Tokyo, returning Tokyo to LA, for 85,000 points, which is a $7000 cash ticket roundtrip--- even discounting the taxes on the ticket I'm getting almost 7.5 cents a point.... or compared to your other example tickets I'm paying roughly the SAME amount (if I treated the points as 1 cent each for cash) as your coach redemptions but instead getting to fly in business class in one of the best luxury products in the sky.


If you're still looking at portal values you need to do some reading before trying to discuss the topic further- value via transfers is massively higher than the portal for anything outside budget airlines in coach.

Points guru, how are you transferring to these points to airlines? Like you make an account with airlines and tell chase to transfer or there is a credit card offered by airline and chase together to transfer to ?
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