Update 6/6/23: Chase sent out a memo to their bankers that the 90k branch offer is ending on Saturday, June 10th. Image below. Beginning Sunday June 11th, the branch offer will lower to 70,000: 60,000 after spending $4,000 within the first three months and additional 10,000 after spending $6,000 total in the first six months. That’s still higher than the online offer of 60,000 points.
- Update 6/1/23: Reports indicate this branch offer is still available. No word on when this ends.
- Update 5/21/23: A reddit user heard from a Chase rep that the 90k branch offer is ending on May 25th, same as the online 80k offer.
- Update 4/18/23: Another option now is to get 80,000 points via referral link
- Update 3/19/23: This should be live now. Just check first if your Chase branch is open on Sundays before going. Also might be worth making an appointment, regardless of when you go.
The Offer
Chase sent out a memo today to their bankers about the following branch offer which begins on March 19:
- Signup for the Chase Sapphire Preferred and get 80,000 points after $4,000 in spend within the first three months, plus an additional 10,000 bonus points after spending $6,000 total on purchases made in the first 6 months. Total 90,000 points bonus possible.
Card Details
- $95 annual fee (annual fee is not waived, per reader reports)
- No foreign transaction fees
- Primary car rental insurance
- $50 Annual Hotel Credit. (This is per cardmember year, rather than calendar year. Must be booked through the Chase Travel Portal.)
- Card earns at the following rates:
- 5x on travel booked through the Chase Travel portal.
- 3x on Dining/Streaming Services/online grocery (excludes: excluding Target, Walmart and
wholesale clubs) - 2x on travel
- 1x on all other purchases
- 10% Anniversary point bonus. When you renew your card Chase will offer a 10% bonus spend. For example if you spend $25,000 you’d earn 2,500 bonus points. This is award after the annual fee is paid. This doesn’t apply to the sign up bonus.
- Transferable 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)
- Chase 5/24 rule applies to this card
Our Verdict
Current offer is 60,000. We once saw 100,000 points offer in 2021 and we’ve seen 80,000 offers too. This new branch offer comes pretty close to the top at 90,000 points, though we haven’t heard that the annual fee will be waived with this offer.
The wording of the internal memo sounds like the 90k offer might eventually become a public online offer, and then possibly it could become available via referral links as well. It’s always a guessing game as to whether to wait it out or just jump on the offer available at the time. (It might be possible to apply in branch and get the referrer bonus applied manually, but I’m not certain that’s true; it might depend on the banker’s knowledge, in any case.)
We’ll add this to our List of Best Credit Card Signup Bonus Offers.
