The Offer
Direct link to offer (this should show the offer it every time)
Chase has a new highest-ever signup bonus on the Sapphire Preferred card:
- Get 50,000 points after spending $4,000 within 3 months.
- Get an additional 30,000 points after spending $20,000 within the first year.
- Annual fee is waived the first year.
Card Details
- $95 annual fee, WAIVED the first year
- No foreign transaction fees
- Primary car rental insurance
- This card earns at the following rates:
- 2x points per $1 spent on travel and dining at restaurants
- 1x points per $1 spent on all other purchases
- Transferrable points
- Redeem points on Chase’s travel portal at a value of 1.25¢ due to the 25% travel redemption bonus
Our Verdict
I tried a few times with no luck, then tried with a VPN and got it on the first try (though subsequent VPN attempts were unsuccessful). Not sure if VPN helps, but you can poke around with incognito, mobile, and VPN and hopefully you’ll be able to pull it up. Some people are getting a spend requirement of $30k and some are getting $20k. We now have a direct link (above) which is consistently pulling up the offer and shows the superior $20k offer.
Standard bonus on the card is 50k + 5k AU bonus, this 80,000 offer is significantly better for someone who can meet the required spend within the year. Remember you won’t be eligible if you are at 5/24. Also remember that you can only hold one Sapphire card and that you can only get one Sapphire bonus within 24 months.
Keep in mind there’s no 5k AU bonus mentioned here, though usually you do get the authorized user bonus even if it’s not specifically mentioned. T
here is an extra $16,000 of spend required to get the second 30,000 UR bonus. Being that you could be earning 1.5 UR points with the Freedom Unlimited card, you are ‘losing’ 8k in points there leaving the total extra bonus to 22,000 points. (If the $5k AU bonus doesn’t work, it’ll be another 5k less.)
Interesting to see an emphasis on spend, wouldn’t be surprised if we start seeing more of this on other cards as well as they test these kinds of offers out. Check out these 26 Things Everybody Should Know About Chase Credit Cards before applying.
Hat tip to pwnarexic on r/churning
