The Offer
- Chase is now offering an introductory APR of 0% for 12 months on purchases and balance transfers in addition to the standard bonus of 50,000 points after $4,000 in spend on the Chase Sapphire Preferred
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
- Not eligible if you’ve received a sign up bonus on the Sapphire Preferred/Reserve in the last 48 months (standard is now 48 months)
Our Verdict
To be clear this offer is garbage, we saw an offer for 80,000 points earlier this year. That was before Chase introduced the new 48 month language as well. Some people are also seeing an offer for 65,000 points that bypasses the 5/24 rule and has 24 month instead of 48 month language, I’m interested to know if that offer also includes this new introductory APR period or not. Maybe Chase is trying to move away from focusing solely on sign up bonus to lure customers (something Citi has been doing in recent years with very limited success). Either way this offer sucks, just pointing out the new addition. This definitely won’t be added to our list of the best credit card bonuses.
Hat tip to nuol91
