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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Chase Sapphire is 48 months between last bonus and new card. (not 24 months like a lot of other Chase cards).
You are probably within the 48 month window.
Instead...do the CHASE UNITED BUSINESS 125k Offer ($150 annual fee). That's pretty good too.
I also have nearly perfect credit and income and was declined. I just remembered that I applied for the Chase Marriott Bonvoy card less than 24 months ago. Would I qualify for the Chase United Business card or do none of them work because I applied less than 24 months ago?
I currently have a Sapphire and Freedom Unlimited. In order for me to apply for this card I have to downgrade to Freedom Flex first, wait a week and then apply for this card? Then before the 2nd year annual fee hits I can then downgrade CSP to another Freedom Unlimited or Freedom Flex? Is it OK to have two of the same product at the same time? Also is it possible to switch back to the regular Sapphire from a Freedom card or not?
What do you all think the odds are that we get a new increased bonus offer on the Ink Business cards? I'm eyeing that more for our needs. Last good offer was 120k points last summer. We can easily max out bonus categories with the 3x shipping.
Also, if I apply for CSP for a personal card to get the 100k SUB then would that impact any SUB for the Business Ink if the better offer returns in the next few months? I don't know if they base the BI off of the individual or the business.
I also have nearly perfect credit and income and was declined. I just remembered that I applied for the Chase Marriott Bonvoy card less than 24 months ago. Would I qualify for the Chase United Business card or do none of them work because I applied less than 24 months ago?
I dont know why you got declined, but I think chase is required to tell you.
Each product line is distinct from the others (as far as the qualifying time period..... Southwest is different from United, which is different from Sapphire, which is different from others). You would not be automatically declined for Sapphire because you have a Bonvoy.
I have had Southwest & United & Sapphire simultaneously in years past.
Does anyone know how long it takes to get the referral points into your account once the app is approved?
No clear rule, but my experience is you will see it at the next following statement period end date (for your referr-er account), or the one after that.
(Not sure if Chase waits for the card to be used or not).
I currently have a Sapphire and Freedom Unlimited. In order for me to apply for this card I have to downgrade to Freedom Flex first, wait a week and then apply for this card? Then before the 2nd year annual fee hits I can then downgrade CSP to another Freedom Unlimited or Freedom Flex? Is it OK to have two of the same product at the same time? Also is it possible to switch back to the regular Sapphire from a Freedom card or not?
You would downgrade AFTER the AF posts (AF is refunded as long as you downgrade within 41 (officially 30) days of the AF posting. You can't downgrade prior to 1 full year due to how Chase reads the CARD act law.
And yes you can have multiples of the various freedom cards (regular, flex, and unlimited).
You can switch to a "regular" sapphire (no AF) but there's no reason to- it's a crap card compared to something like the freedom flex.
You can also switch back to one of the paid sapphire cards later if you suddenly need the ability to transfer points to travel partners back- you'll be charged a new AF, but can downgrade again for a refund as soon as the transfer is done.
You would downgrade AFTER the AF posts (AF is refunded as long as you downgrade within 41 (officially 30) days of the AF posting. You can't downgrade prior to 1 full year due to how Chase reads the CARD act law.
And yes you can have multiples of the various freedom cards (regular, flex, and unlimited).
You can switch to a "regular" sapphire (no AF) but there's no reason to- it's a crap card compared to something like the freedom flex.
You can also switch back to one of the paid sapphire cards later if you suddenly need the ability to transfer points to travel partners back- you'll be charged a new AF, but can downgrade again for a refund as soon as the transfer is done.
So right now I should downgrade my regular Sapphire to either the Flex or Unlimited and then wait like 5 business days and apply for the CSP. Then after the 2nd year begins and AF is posted then downgrade the CSP to either the Flex or Unlimited. So by next year I could have 3 Chase cards all being Freedom Unlimited then. Lol.
I applied the card last Thursday. My credit score is >790. I got the email saying the application is being reviewed. I talked to branch people and they told me to call Chase Lending. After calling and uploading verification documents on Tuesday, I called them again today and they told me to wait another 1-2 weeks to know the decision, if approved, I will get the card, if denied, I will get the letter for the reason. I saw people got the decisions instantly through email, dont know why I have to wait for physical mail. What is the chance that I will get approved?
Got my card two days after clearing the fraud concern raised by Chase. Paying my estimated tax of $5,000 and voila I am D for Done. Can't wait for my 100K.
Payment to IRS is 1.75%. $87.50 Points earned = 1% x (1.4 my conversion value for transferring to Hyatt or Southwest Airlines) = .014 X $5000 = $70.00. Thus, it cost me $17.50 and eliminates the hassle of making sure that I reach $5000 in three months.hase value.
Another way to look at it - I have a Fidelity CC that gives me 2x in cash rebate for purchases. So if I charge $5,000 on the Chase card instead of the Fidelity, it would have cost me $5000 x (.02 - .014) = $30, which is actually worse than using the IRS payment to satisfy the bonus requirement.
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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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You are probably within the 48 month window.
Instead...do the CHASE UNITED BUSINESS 125k Offer ($150 annual fee). That's pretty good too.
Also, if I apply for CSP for a personal card to get the 100k SUB then would that impact any SUB for the Business Ink if the better offer returns in the next few months? I don't know if they base the BI off of the individual or the business.
Each product line is distinct from the others (as far as the qualifying time period..... Southwest is different from United, which is different from Sapphire, which is different from others). You would not be automatically declined for Sapphire because you have a Bonvoy.
I have had Southwest & United & Sapphire simultaneously in years past.
I don't know if it applies, but if you are outside of Chase's 5/24 rule, [thepointsguy.com] you would certainly be declined.
If you had the card bonus for sapphire in the last 48 months, you would be declined.
Those are the only two things I know.
I see no reason why you couldn't apply for United (unless you are outside the 5/24--see below) So I would want to know that first.
Call the reconsideration line and ask.
No clear rule, but my experience is you will see it at the next following statement period end date (for your referr-er account), or the one after that.
(Not sure if Chase waits for the card to be used or not).
Not too long, in my experience.
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You would downgrade AFTER the AF posts (AF is refunded as long as you downgrade within 41 (officially 30) days of the AF posting. You can't downgrade prior to 1 full year due to how Chase reads the CARD act law.
And yes you can have multiples of the various freedom cards (regular, flex, and unlimited).
You can switch to a "regular" sapphire (no AF) but there's no reason to- it's a crap card compared to something like the freedom flex.
You can also switch back to one of the paid sapphire cards later if you suddenly need the ability to transfer points to travel partners back- you'll be charged a new AF, but can downgrade again for a refund as soon as the transfer is done.
And yes you can have multiples of the various freedom cards (regular, flex, and unlimited).
You can switch to a "regular" sapphire (no AF) but there's no reason to- it's a crap card compared to something like the freedom flex.
You can also switch back to one of the paid sapphire cards later if you suddenly need the ability to transfer points to travel partners back- you'll be charged a new AF, but can downgrade again for a refund as soon as the transfer is done.
Payment to IRS is 1.75%. $87.50 Points earned = 1% x (1.4 my conversion value for transferring to Hyatt or Southwest Airlines) = .014 X $5000 = $70.00. Thus, it cost me $17.50 and eliminates the hassle of making sure that I reach $5000 in three months.hase value.
Another way to look at it - I have a Fidelity CC that gives me 2x in cash rebate for purchases. So if I charge $5,000 on the Chase card instead of the Fidelity, it would have cost me $5000 x (.02 - .014) = $30, which is actually worse than using the IRS payment to satisfy the bonus requirement.
I called. They just asked for some additional information and got another l approved over the phone.
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