[Rumor] Chase Sapphire Preferred Signup Bonus will Soon Change to 60,000 with $95 Fee (instead of 50,000 with fee waiver)

We wrote about a rumor coming from multiple sources of an impending change to the Chase Freedom Unlimited signup offer. Instead of the current $150 signup bonus, the new bonus will be 3x everywhere during the first year. Reader Jeff chimed in that his wife works for Chase and confirmed the rumor, but indicated there’d be a $20,000 limit on that first-year earning offer.

Reader Jeff added further that the Chase Sapphire Preferred card will soon revert its signup bonus from 50,000 points to 60,000 points. The new 60k offer will not waive the $95 annual fee whereas the current 50k offer does waive that.

It’s not a major difference, but I think most readers would prefer the extra 10,000 Ultimate Rewards points along with the $95 annual fee, so this is your headsup that the bonus will likely be changing soon.

These changes are slated to come before the end of March. Just remember, as always, most of us are not eligible for Chase credit cards due to the 5/24 rule.

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David Anto
David Anto (@guest_734804)
March 14, 2019 12:37

I just got the offer for 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening with $0 Introductory Annual Fee the first year, then $95.

https://imgur.com/gzP7eSE

David Anto
David Anto (@guest_735003)
March 14, 2019 17:33

For people asking about the title of the email it was “David, Exclusive: Earn 60,000 Bonus Points”

David
David (@guest_735113)
March 14, 2019 20:32

Do you already have a chase credit card and/or sapphire card. I’m trying to understand the one sapphire rule, however I would like to see if I can get this offer in branch. Applied and approved for the CSR Dec.2018. Before that was Amex Plat. Aug.2018?

David Anto
David Anto (@guest_735133)
March 14, 2019 21:12

I have a Freedom Unlimited and an Amex Everyday card.

Mike V
Mike V (@guest_732719)
March 9, 2019 21:44

When…when…when…? Will gladly take a CSP @60,000. Just finished my spend on the CIP so ready for this.

Austin
Austin (@guest_732488)
March 8, 2019 23:52

Is the 48 month rule still a thing? I last got a CSP in November of 17.

San
San (@guest_732759)
March 10, 2019 01:03

Austin Yup.

Dilip
Dilip (@guest_732398)
March 8, 2019 17:43

Chase Ultimate Rewards are no better than other points programs now that they have eliminated the lowest price tickets from their travel inventory. ALWAYS find better priced tickets on other travel sites for the last 2 years. But the first year Sapphire was introduced they had the same inventory as Orbitz, Expedia, etc.

Mike
Mike (@guest_732538)
March 9, 2019 04:02

The UR Travel Portal is Expedia.

AkJohnny
AkJohnny (@guest_732721)
March 9, 2019 22:02

but more limited availability to use UR points. 🙁

scott
scott (@guest_732137)
March 8, 2019 10:30

This is good. I was planning on getting this card in May or June. I’d gladly pay $95 for an extra 10,000 points.

Joshua
Joshua (@guest_732101)
March 8, 2019 09:12

I think you mean 48 month rule for sapphire cards.

scott
scott (@guest_732135)
March 8, 2019 10:29

The 48 month rule just means you can’t get the bonus if you’ve gotten it in the past 48 months. It’s not related to the 5/24 rule.

Dan
Dan (@guest_732207)
March 8, 2019 12:25

To clarify Joshua’s comment…. From the current 50k offer and I assume it will be the same for the new offer…

“50,000 Bonus Points after you spend $4,000 on purchases in the first 3 months from account opening
The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months. If you are an existing Sapphire customer and would like this product, please call the number on the back of your card to see if you are eligible for a product change. You will not receive the new cardmember bonus if you change products.”

Rhea
Rhea (@guest_732075)
March 8, 2019 05:07

I closed this card in Jan end and forgot to transfer my 75K points earned and now they are gone…… anyway I can get them reinstated? Online azzhole customer service and chase tweet service refused to do so🤬

quasimodo
quasimodo (@guest_732144)
March 8, 2019 10:43

only yourself to blame…

Paul
Paul (@guest_732223)
March 8, 2019 12:41

You’re probably SOL

Peter Sagal
Peter Sagal (@guest_732480)
March 8, 2019 23:02

gone forever

Rhea
Rhea (@guest_732501)
March 9, 2019 00:42

I agree I screwed up but any way to recover?

Peter Sagal
Peter Sagal (@guest_732054)
March 8, 2019 02:09

 William Charles and others, what’s the easiest and fastest way to check and count whether or not you’re 5/24 or not? Do you use a free site like Credit Karma or others to check and count? I’ve been wondering for a while. I don’t apply for too many credit cards, so up until this point I’ve never bothered to count to see whether I’m 5/24 or not. But now I might be getting close or maybe already passed the 5/24 but not sure. I tend to apply for a new card about once every 6 months or so but it changes year by year. Also, what about like say for example a few years ago where I applied and got three credit cards at the same time from the same bank? would that count as 1 or 2? and how about how I was recently offered a credit card from a different bank but was pre-approved, so I didn’t actually need to ‘apply’ and therefore never got a credit inquiry?

USam
USam (@guest_732066)
March 8, 2019 02:55

You can look it up in Credit Karma to see when each credit card was opened (and if you’re the primary cardholder or authorized user).
5/24 has to do with the amount of credit card accounts opened. It has nothing to do with credit inquiries. If you have 5 credit cards opened in the last 2 years, even with 0 credit inquiries you’re still over the 5/24 threshold. If you have 4 or less, even if you have 10 hard pulls on your credit you’re under 5/24 (but might be denied for different reasons).

Rowan
Rowan (@guest_732068)
March 8, 2019 02:58

I found that counting via the old Credit Karma link posted in this article was nice and simple:

https://frequentmiler.boardingarea.com/3-easy-ways-count-5-24-status/

Ralph
Ralph (@guest_732053)
March 8, 2019 02:07

Count me in if true. I’ll gladly pay $95 for $150 in minimum value. In addition and in some odd way I’ve never signed up for either the CSP or CSR over the 6 or so years that I’ve been focused on credit card perks. Package the bonus and its 1.5 lift on the 600,000 or so URs I will have and I’ll be a happy traveler.

Ralph
Ralph (@guest_732055)
March 8, 2019 02:14

Nevernind. Read the OP too quickly and was thinking CSR.

frogger
frogger (@guest_732049)
March 8, 2019 01:48

I would rather pay nothing for 50k points than $95 for 60k but doesn’t matter because its Chase.

Matthew Greer
Matthew Greer (@guest_732114)
March 8, 2019 09:50

Just curious why? Worst case is that you cash out the 10,000 points for a $100 statement credit and come out $5 ahead. Best case is that you can eek out $150-$200 in real value from the extra 10,000 points.

MarcoPolo
MarcoPolo (@guest_732366)
March 8, 2019 16:20

How do you get $150-$200 in real value from the extra 10,000 points ?
Thanks

Frank Rizzo
Frank Rizzo (@guest_732392)
March 8, 2019 17:38

Transfer partners