Update 3/31/22: More reports of the 80k offer being offered in some Chase branches, and the $95 annual fee is waived as well. (ht FM)
Update 3/21/22: Looks like it might be available online starting 4/14.
Update 2/8/22: a Reddit report indicates that the 80,000 + waived first year annual fee offer is now again available in Chase branches. YMMV, we need more data points on this to see how widely this is available. Very nice offer if you can get it, though still not as good as the 100k offer.
Update 2/13/22: More people have been targeted via mail. Obviously not as good as the 100k + no annual fee deal that was recently offered. Hat tip to generic19name
The Offer
No direct link, targeted mail offer
- Signup for the Chase Sapphire Preferred and get 80,000 points after $4,000 in spend within the first three months.
Card Details
- $95 annual fee (waived the first year?)
- 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
This is obviously a terrific deal if you were targeted. We recently saw this as a public offer. Â It’s likely a highly targeted mailer, let us know if you got it.
Hat tip to gavin101
