Chase Sapphire Preferred® Card: Earn 100K Bonus Points After You Spend $5k in the First 3 Months
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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.
Thanks to Community Members bonesring & addictedsaver for finding this deal.
Card Details:
Earn 100,000 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 Travel℠, 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.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
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 100,000 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 Travel℠, 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.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
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.
$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.
The offer is supposed to be available online starting 04/03.
Nope- you can only have 1 sapphire (of any type) open at once, and can't get a sapphire bonus at all if you received one in the last 48 months.
Current referral links are still only offering 60k--- rumors on reddit that 100k referrals for individuals will be live next week (8th was what I read)
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Yeah but you're comparing Chases mid-tier card ($95 AF) with Cap Ones high-tier card ($395 AF).
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)
My point exactly. If you are getting Mercedes for the price of Honda.
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.
My point exactly. If you are getting Mercedes for the price of Honda.
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.
Anyone know how long will this limited offer last? Have another credit card required spending to hit so try to not have too much overlap on spending requirement before applying.
My wife is an authorized user on my CSP card, should I remove her first before applying her own CSP card?
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.
Do we know for sure when this offer ends online? Read through all the pages, maybe I missed it, saw others ask but no answer. I have a better chance of easily hitting the spending limit if I delay a month or so before applying. Been meaning to replace my Chase Disney card with this for a long time.
I referred my mom, and she was approved instantly (windows desktop computer application process).. All is well-- 110k points aggregate for the family !
This is a great offer
Chase on the other hand has $95 fee and no tangible benefits other than points.
The bonus points, of course, plus there is another significant tangible benefit for some with the Sapphire Preferred...it's PRIMARY rental car collision coverage. Most cards only offer secondary coverage.
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.
What happens to the existing points when you transfer out? I've been out of the Chase UR game for a bit. Doesn't the CSR have better transfer rates? 50% vs 25% or something?
What happens to the existing points when you transfer out? I've been out of the Chase UR game for a bit. Doesn't the CSR have better transfer rates? 50% vs 25% or something?
Transfer rates (to airlines/hotels) are the same for CSP and CSR.
Chase Travel and Pay Yourself Back are 50% for CSR and 25% for CSP.
If I have the regular Sapphire card then I would need to call in and move it to another product like Freedom and then I can apply for this Sapphire Preferred? How long do I need to wait for the change to happen to my account to the new product before I am eligible to apply for this 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.
Current referral links are still only offering 60k--- rumors on reddit that 100k referrals for individuals will be live next week (8th was what I read)
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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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