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.
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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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On my BofA unlimited cash it's a purchase and I get my 2.625%cb, but Chase may do something different.
How do you get 2.625%? I thought that card cashback is 1.5%? Is there a special deal? I was thinking about the same thing with 2% cb cards but your number would've beat it
How do you get 2.625%? I thought that card cashback is 1.5%? Is there a special deal? I was thinking about the same thing with 2% cb cards but your number would've beat it
BofA platinum rewards. Having $100k in assets with Merrill and/or BofA give you a 75% cash back bump.
1.5% * 1.75 = 2.625%
I have my IRA with Merrill, which qualifies me. Works on their customized cash card too.
3% on Dining, Streaming, Online Grocery
2% on Travel
1% otherwise
Plus other benefits, like primary rental car insurance.
The concept of opportunity cost is still valid, and whether the benefits on this card make it worth it to keep long-term is a personal call. For me, it is not - I don't travel or rent cars.
This card has OK cash back, but not best-around. That's not a hack - it's a travel card, not a cash back card. Using it for $5k spend will cost most folks. How much depends on the cards you have and your spending. Examples in my case:
I have AMEX Blue Cash Preferred, with 6% cash back on groceries and streaming. A big 3% opportunity cost ($150 for $5000).
This card actually beats my best dining card, but $5k is about 3-4 years of Restaurant spend for me. If I wanted, I could switch my BofA customized cash to restaurants and get 5.25%, for a 2.25% opportunity cost.
I haven't spent a single dollar on travel in five years. Even without optimizing travel spend, my BofA Unlimited Cash card beats it with a 2.625%cb on everything, so a 0.625% opportunity cost.
I mean, I could get the $5k spend with Amazon purchases, but with my Chase Amazon card, that's a 4-5% opportunity cost, over $200. That would be stupid.
I'm only 24 months in and have been thinking of either canceling or downgrading my card. I see folks saying that the card has great benefits but from my perspective as someone who doesn't travel or go to restaurants much, I'm not sure what benefits apply. Anyone? Thanks.
If you don't use the benefits, then they don't have value for you, and paying $95/year for them is stupid.
Same here, I don't dine out, don't travel. Not a good card for me.
1. Can my adult kids qualify for this card as their first credit card?
2. I am new on these credit card deals so please give some advises. I just got Southwest Chase card recently, can my kid use me as a referral and what does that give you?
CSP regular cash back is 1%
Credit card processing fee 1.75%
So cost is 0.75% of $5000 —> $37.50 x 99% = $37.125
Sorry for my ignorance, are you guys discussing about how to meet the $5000 spend requirement? You could withdraw $5000 after opening this account to meet the spend requirement? That'd be awesome and easy.
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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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https://www.chase.com/personal/cr...redit-card
Credit card processing fee 1.75%
So cost is 0.75% of $5000 —> $37.50 x 99% = $37.125
How do you get 2.625%? I thought that card cashback is 1.5%? Is there a special deal? I was thinking about the same thing with 2% cb cards but your number would've beat it
They don't know how long they are running the promotion, but went in yesterday to get the card and can confirm this morning that it is 100k SUB.
(Not a referral link, store locator to find closest Chase branch)
https://locator.chase.c
1.5% * 1.75 = 2.625%
I have my IRA with Merrill, which qualifies me. Works on their customized cash card too.
2% on Travel
1% otherwise
Plus other benefits, like primary rental car insurance.
This card has OK cash back, but not best-around. That's not a hack - it's a travel card, not a cash back card. Using it for $5k spend will cost most folks. How much depends on the cards you have and your spending. Examples in my case:
I mean, I could get the $5k spend with Amazon purchases, but with my Chase Amazon card, that's a 4-5% opportunity cost, over $200. That would be stupid.
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Quiz: What is the acronym for a four letter acronym?
Answer: ETLA - Extended Three Letter Acronym.
The old one was online with a sketchy link. This one is in-person only for now.
Same here, I don't dine out, don't travel. Not a good card for me.
2. I am new on these credit card deals so please give some advises. I just got Southwest Chase card recently, can my kid use me as a referral and what does that give you?
Credit card processing fee 1.75%
So cost is 0.75% of $5000 —> $37.50 x 99% = $37.125
Ya same question, 100k points is worth it
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Same question, can I downgrade or get this and get 100k ?