
To get the Chase Sapphire Preferred new bonus offer, you'll need to meet the minimum spending requirement. This is a requirement that must be met within a specific timeframe, usually 3 months, to qualify for the bonus.
The bonus amount is typically around $600, but it's not always the same. It depends on the current offer and your creditworthiness.
To meet the spending requirement, make sure to use your Chase Sapphire Preferred card for all your daily expenses, such as groceries, gas, and dining. This will help you earn the bonus and unlock rewards.
Keep track of your spending to ensure you meet the requirement. You can check your account online or through the Chase mobile app.
Eligibility and Details
The Chase Sapphire Preferred new bonus offer has some specific eligibility requirements you should know about. To be eligible, you can't currently have a Chase Sapphire Preferred or Reserve card, and you can't have received a bonus on a Sapphire series card in the past 48 months.
If you do have a Sapphire card, you can downgrade it to a no-annual fee Chase Freedom Flex or Chase Freedom Unlimited, wait a week or so, and then apply anew for this offer. This is a great way to get around the eligibility rules if you're currently holding a Sapphire card.
You also can't have earned a welcome bonus from any Sapphire card in the past 48 months. This is to prevent people from getting multiple bonuses in a short period of time.
The Chase Sapphire Preferred offer is only available to new cardholders, and you can't apply if you already have a Sapphire card or have received a bonus on a Sapphire card in the past 48 months.
Here are the eligibility requirements summarized in a table:
The offer details include a welcome offer of 75,000 bonus points after spending $4,000 on new purchases within the first three months. This is worth $937.50 in travel when redeemed through the Chase Travel portal.
Preferred Bonus Offers
The Chase Sapphire Preferred new bonus offer is a game-changer for travelers and credit card enthusiasts alike. You can earn 60,000 bonus points after spending $4,000 within the first three months, which can be redeemed for a minimum of 1.25 cents each toward travel through the Chase Travel Portal.
The welcome offer is not the only perk of the Chase Sapphire Preferred card. You can earn points quickly with impressive earnings rates, including five points per dollar spent on travel through Chase Travel and on Lyft rides, and three points per dollar on dining, including takeout, eligible delivery services, and international restaurants.
To be eligible for the bonus offer, you must not currently have a Chase Sapphire card (Preferred or Reserve) and not have received a new cardmember bonus on a Chase Sapphire card (Preferred or Reserve) in the past 48 months.
Here are the key details of the Chase Sapphire Preferred welcome offer:
- 60,000 bonus points after spending $4,000 within the first three months
- Points can be redeemed for a minimum of 1.25 cents each toward travel through the Chase Travel Portal
- Total value of the welcome offer is $750 in travel
If you hit the $4,000 spending requirement for the bonus, the total value of the welcome offer is $1,050 in travel, as one Chase Ultimate Rewards point is worth 1.25 cents when redeemed through Chase's travel portal.
Sign-Up Bonus and Benefits
The sign-up bonus on the Chase Sapphire Preferred card is a game-changer. You can earn 80,000 Chase Ultimate Rewards points when you spend $4,000 in the first three months, which is worth at least $1,000 in travel.
The card also offers a $50 credit for grocery store purchases. This is a great benefit if you regularly shop at grocery stores. You'll get up to $50 in statement credits when you use your card for grocery purchases.
The sign-up bonus is not the only benefit of the Chase Sapphire Preferred card. You'll also get a one-time $300 credit that can be used to book travel through Chase's travel portal. This credit expires 12 months after account opening.
To maximize the value of your Chase Ultimate Rewards points, you can transfer them to one of Chase's travel partners, including multiple airlines and hotels. This can give you even more value from your points.
Here are the details of the current sign-up bonus offer:
- 80,000 Chase Ultimate Rewards points after spending $4,000 in the first three months
- $50 credit for grocery store purchases
- One-time $300 credit for travel booked through Chase's travel portal
- Points can be transferred to Chase's travel partners for even more value
Note that you're ineligible for this offer if you already have a Sapphire credit card or have received a sign-up bonus on a Sapphire credit card within the past 48 months.
Reserve Offer and Timing
The Chase Sapphire Reserve offer is a game-changer, especially with its welcome offer of 75,000 bonus points after spending $4,000 on new purchases within the first three months. This offer can be redeemed for a value of $1,125 on travel through the Chase Travel portal.
The Reserve offer has a deadline of 2 p.m. CST on June 13, 2024, so be sure to act quickly if you're interested in taking advantage of this offer. The offer is only available for a limited time, so don't wait too long.
The Reserve card has an annual fee of $550, but it comes with some impressive benefits, including earning 10 points per dollar spent on hotel and car rentals through Chase Travel. This is a significant increase from the Preferred card, which earns 5 points per dollar spent on travel through Chase Travel.
One of the standout features of the Reserve card is its ability to earn points on travel not booked through Chase, including airfare, hotels, trains, rideshares, and more. This means you can earn points on a wide range of travel purchases, not just those booked through Chase.
Here's a comparison of the Reserve and Preferred cards' earning rates on travel purchases:
As you can see, the Reserve card offers significantly higher earning rates on travel purchases, especially on hotel and car rentals.
Frequently Asked Questions
How to get the Chase Sapphire Preferred bonus again?
Get the Chase Sapphire Preferred bonus again by product-changing to a non-Sapphire card and waiting a week, then reapplying for the Sapphire card. This strategy allows you to receive the bonus every 4 years after your last Sign up bonus
How do you get 100,000 points with Chase Sapphire?
To earn 100,000 Ultimate Rewards points with Chase Sapphire, sign up for the Chase Sapphire Preferred card and spend $4,000 within the first three months of account opening. This offer is available as of June 4th, 2021, and is subject to change.
What is the $1200 bonus on Chase?
The Ink Business Preferred Credit Card offers a $1,200 cash back bonus after spending $8,000 in the first three months. This bonus can also be redeemed for travel or transferred to Chase partners for up to $2,460 in value.
What is the 120000 offer on Chase?
Earn 120,000 bonus points with Chase after spending $8,000 in the first 3 months. This offer is ideal for those looking to maximize rewards on their purchases
What is the 75k bonus for Chase?
To earn the 75,000 bonus, spend $4,000 on purchases within the first 3 months of opening your account. This bonus is part of the New Cardmember Offer.
Sources
- https://onemileatatime.com/deals/chase-sapphire-preferred-bonus/
- https://milestalk.com/chase-sapphire-preferred-80000-bonus-end-date/
- https://www.afar.com/magazine/chase-sapphire-credit-card-sign-up-bonus
- https://www.nerdwallet.com/article/credit-cards/chase-sapphire-preferred-bonus-offer-october-2024
- https://www.cnbc.com/select/chase-raises-welcome-bonus-sapphire-reserve-preferred-cards/
Featured Images: pexels.com