Chase Sapphire Preferred Annual Fee Waived: Unlock Ultimate Rewards

The Chase Sapphire Preferred annual fee is waived, and that's music to the ears of many travelers. This means you can enjoy the card's benefits without the hefty annual fee.

The Sapphire Preferred offers a 60,000-point bonus after spending $4,000 in the first 3 months, which can be redeemed for $750 in travel through Chase Ultimate Rewards.

With no annual fee, you can take advantage of the card's 2X points on travel and dining purchases, plus a 25% points bonus when redeemed for travel through Chase Ultimate Rewards.

You can still downgrade your Chase Sapphire Preferred card to a no-annual-fee card, even after having accepted a retention offer.

It's possible to waive the annual fee on the Chase Sapphire Preferred card, even after being charged in the past 60 days.

If you've accepted a retention offer, you can still call the Reserve customer service line to ask about downgrading to a no-annual-fee card.

The official annual fee waiver for the Chase Sapphire Preferred card expired on July 17, but some customers may still be eligible for an unofficial waiver.

You can try asking your banker if you belong to the "select customers" group that's eligible for the waiver.

Some Chase employees may not even know about the offer, so it's worth trying to ask.

You can apply for the Chase Sapphire Preferred card in person at a Chase branch to try to get the $95 annual fee waived for the first year.

This offer is not guaranteed, but it's worth a shot, especially with the elevated sign-up bonus of 80,000 Ultimate Rewards points.

Some readers have successfully gotten their annual fee waived the first year with the previous sign-up bonus of 60,000 Ultimate Rewards points.

With the Chase Sapphire Preferred, you'll enjoy a 25% points bonus for travel booked through the Ultimate Rewards portal, no foreign transaction fees, and much more.

The $95 annual fee seems trivial in comparison to the sign-up bonus, which is worth up to $2,000.

You can redeem 60,000 Chase points in various ways, including spending them at Amazon for $420 or transferring them to a travel partner for potentially $1,200 or more of value.

With 60,000 Chase points, you can also cash out and receive a $600 check or apply a $600 statement credit to your credit card bill.

The best value option is often to transfer the points to a travel partner, which can be worth $1,200 or more, as demonstrated by a roundtrip flight from Boston to Edinburgh costing $890 but redeemable for under 60,000 UR points.

You can earn Ultimate Reward points by shopping at participating retailers, such as department stores, online marketplaces, and specialty stores.

Some retailers offer a higher points earning rate on certain categories of purchases, like groceries or gas.

Earn 5 points for every dollar spent at department stores like Macy's and Bloomingdale's.

You can also earn points when booking travel through the Ultimate Rewards travel portal.

You can redeem 60,000 Chase Ultimate Rewards points in various ways, each offering a different value.

Spending the points at Amazon gets you $420 worth of value.

You can also cash out and receive a $600 check, or apply a $600 statement credit to your credit card bill.

Booking a flight through Chase Travel℠ can get you $750 of airfare, which is a great option if you're planning a trip.

Transferring the points to a travel partner is the best value, potentially getting you $1,200 or more of value.

The Chase Sapphire Preferred offers an incredible 80,000 Ultimate Rewards points sign-up bonus, worth up to $2,000 at TPG's 2-cent per point valuation.

This is a game-changer for travelers, making the $95 annual fee seem trivial in comparison.

To get this deal, you'll need to apply for the card and meet the spending requirement.

David Wong, a TPG reader, successfully applied for the card in person at a Chase branch near him to get the $95 annual fee waived for the first year.

This is not guaranteed, but it's definitely worth a try.

With the Chase Sapphire Preferred, you'll enjoy a 25% points bonus for travel booked through the Ultimate Rewards portal, no foreign transaction fees, and more.

David Wong, a TPG reader, successfully got his Chase Sapphire Preferred annual fee waived for the first year. He applied for the card in person at a Chase branch near him.

The sign-up bonus on the Chase Sapphire Preferred Card is 80,000 Ultimate Rewards points, worth up to $2,000 according to TPG's 2-cent per point valuation. This is a significant incentive to apply for the card.

Some readers have tried applying in a Chase banking branch to get their annual fee waived for the first year, but with the elevated sign-up bonus, this is an outstanding opportunity to try and apply for the Chase Sapphire Preferred. This approach worked in David's favor.