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Edited May 16, 2025
at 09:28 AM
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Earn 100,000 bonus points after
$5,000 in purchases in your first
3 months from account opening with the
Chase Sapphire Preferred® Card. Annual fee is $95.
Card Details:
Earn 1000,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
Earn up to $50 in statement credits each account anniversary year for hotel stays through Chase TravelSM
10% anniversary points boost - each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
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Rates & Fees
Read our review on the
Chase Sapphire Preferred® Card
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$1000 cash back less:
- $95 annual fee
- $50-100 opportunity cost for spending $5000 on a card that only gives 1%cb when you could have gotten 2-3%cb.
Still over $800 tax-free profit. Not bad at all.
Considering it. I have one more application before I hit chase 5/24, then wait for a boosted amex gold or platinum bonus.
Any 0% apr period on this?
Will they treat a tax payment at pay1040 as a cash advance? Most credit card vendors treat it as a purchase.
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The correct chase card to compare is the Sapphire Reserve- high AF that can be profitable above the fee if you use all the credits and benefits, just like the Cap One high tier card- and what frequent travellers should be product changing this mid-tier Chase card into after 1 year..... CSP isn't a card that makes much sense for someone to keep year over year beyond the signup bonus, CSR can be though.
Plus, going back to point transfers (so this applies to either chase card vs the cap one) the list of transfer partners is better for Chase (though specific individuals may or may not be able to get the extra value depending on their available airlines local to them, their travel habits, etc)
Venture X is is practically fee free (actually$5 back every year) with all top tier benefits.
Chase on the other hand has $95 fee and no tangible benefits other than points.
But to each his own. I leave it at that. I for one am very happy with Venture X. Got it's value in my recent travel thatI could not with the chase.
Venture X is is practically fee free (actually$5 back every year) with all top tier benefits.
Chase on the other hand has $95 fee and no tangible benefits other than points.
But to each his own. I leave it at that. I for one am very happy with Venture X. Got it's value in my recent travel thatI could not with the chase.
Again you're not comparing the same thing.
The CSR is -also- practically fee free.... actually MUCH MORE than $5 back every year if you can use all the credits... (if you use all the annual credits- travel, lyft, and DD credits that's $720 in credits for a $550 AF)- plus you get better transfer partner options.
THAT is the comparable card.
Cap One has a comparable to CSP card-- it's the Venture (no X). It's about the same AF as the CSP, and has less benefits.
It offers no credits at all other than TSA/GE (which anybody who travels much already has via 20 other cards).
CSP in contrast for the $95 fee offers a $50/yr hotel credit, $120/yr in DoorDash non-restaurant credits, and primary rental car insurance- PLUS better spending category bonuses, better transfer partners, and a 10% annual point bonus.
The Cap One Venture X is a perfectly fine card to hold as a high fee card for the reasons you mention- as is the CSR- in both cases esp. for folks able to leverage the credits available to make them profitable. For folks who travel a fair bit holding BOTH makes sense.... (same as the other high AF cards like the USB AR which is profitable if used correctly, and the Citi Prestige for the legacy folks still holding one-- or the Hilton Aspire for that matter.... this contrasts high AF cards that are generally much harder to keep profitable like the Amex Platinum or Marriot Bonvoy Brilliant)
Down in the $95 AF category however the CSP is a far better card than the $95 Cap One offering which is pretty trash outside when they've had large SUBs--- meaning the one year you need to hold it (before upgrading to the CSR if you'd get value there from the credits) you're still better off than with the equivalent Cap One card.
I am in the same boat but my application was denied.
I am an authorized user on my wife's and she sent me the referral link. I was immediately approved yesterday (820ish score). And I added her as authorized on my application too.
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This is a great offer
Also a good usage strategy here would be to get the 100,000 CSP, use it for a year, and upgrade it, and spend the next 3 years with CSR, using all the benefits as you go.
Then, after the 4 years is up, cancel and do it all again.
Chase Travel and Pay Yourself Back are 50% for CSR and 25% for CSP.
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