Copyright © 2018 - 2021 The Ascent. It could make sense to start with the Chase Sapphire Preferred and down the line move to the Chase Sapphire Reserve, but just keep in mind that you can’t have both open at the same time. As long as you pay them off each month, credit cards are a no-brainer for savvy Americans. Here's some credit card news that just about no one saw coming: The Chase Sapphire Preferred® Card now has an 80,000-point sign-up bonus. 5+ ways to redeem the Chase Sapphire Preferred’s 80K sign-up bonus. The Chase Sapphire Preferred® Card is currently running a sign-up bonus that can get you 20,000 more points than usual, but it's only available until November 8. Here are the details on the new Chase Sapphire Preferred offer: First of all, while the annual fee of $95 is normally waived, this increased offer does not waive it. Battle of bonuses — Chase Sapphire Preferred vs Chase Freedom Flex. Apply for the Chase Sapphire Preferred with its 80,000-point sign-up bonus or check out TPG’s Chase Sapphire Preferred review for more details. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. It’s how we make money. Sign up for our daily newsletter. Click here to get free access to our expert’s top pick. Right now, the Chase Sapphire Preferred is offering a lucrative bonus — 80,000 Chase Ultimate Rewards point when you spend $4,000 in the first three months of account opening. It has been 80,000 points once before, but that required a whopping $20,000 in spend. Before you apply for a personal loan, here's what you need to know. Like us on Facebook to see similar stories, Coronavirus updates: California proposes $600 state stimulus checks; Mexico reports record surge in COVID-19 cases; US deaths top 360K, Trump promises 'orderly transition' after Biden certified election winner despite failed attack on Congress. The previous bonus offer for this card was 60,000 points, with the same spending minimum. CSR launched almost exactly 4 years ago - late August 2016. His work has also appeared on MSN Money, USA Today, and Yahoo! With Chase Sapphire Preferred offering 80,000 of the most valuable points on the market, worth at least $1000, with great benefits too, and an annual fee of just $95 attached, there’s no better time to jump in to entry level rewards done right… 80,000 Point Chase Sapphire Preferred New cardholders can earn the bonus by spending at least $4,000 on the card in the first three months. Now, when you are approved for a new Chase Sapphire Preferred card and spend $4,000 within 3 months, you’ll get 80,000 bonus Ultimate Rewards points.. This is the highest bonus on the card that’s publicly available. Here's some credit card news that just about no one saw coming: The Chase Sapphire Preferred® Card now has an 80,000-point sign-up bonus. The Chase Sapphire Preferred card is currently running a limited time welcome offer of 80,000 Ultimate Rewards points. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. Chase is currently offering 80,000 bonus points when you sign up for the Chase Sapphire Preferred and spend $4,000 within three months of account opening. Although it's possible to get the Chase Sapphire Preferred® Card with a lower credit score, most applicants who get approved have good credit. A complimentary ShopRunner membership for 12 months. Here’s what you’ll get with each card: The Chase Sapphire Preferred® Card comes with 80,000 Chase points after you spend $4,000 on purchases in the first three months from account opening; The Chase Freedom Flex℠ comes with a $200 cash bonus (20,000 Chase points) after you spend $500 on purchases in your first … Meaning 80,000 Ultimate Rewards points are worth $1,000 in travel purchases. Last chance! Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Another factor that can affect your application is Chase's 5/24 rule. Any well-balanced rewards-earning strategy will include a credit card that earns Chase Ultimate Rewards points. Chase Sapphire Preferred Card. The Chase Sapphire Preferred Card is one of the best-known travel rewards credit cards. You can unsubscribe at any time. Editor’s note: This is a recurring post, regularly updated with new card details and information. As of now, the Sapphire Preferred is absolutely an excellent card to get primarily for the 80,000 point welcome bonus. It has strong earning rates on travel and dining purchases and a diverse selection of travel partners that make it easy to get great value out of your points. I would like to subscribe to The Points Guy newsletters and special email promotions. Must activate by Dec. 31, 2021. TPG values Hyatt points at 1.7 cents each, which makes the hotel chain a very valuable Chase transfer partner. Check out TPG’s full card review. The Chase Sapphire Preferred is currently offering 60,000 bonus points after you spend $4,000 in purchases in the first three months after opening the account. By submitting your email address, you consent to us sending you money tips along with products and services that we think might interest you. Must activate by Feb. 28, 2021. So if you don’t already have a Sapphire credit card in your wallet, getting the Chase Sapphire Preferred with an 80,000-point sign-up bonus is an easy decision as it is one of the best travel credit cards. When booking through the Chase portal, you won’t have to worry about award availability or blackout dates. Based on TPG’s valuations, 80,000 Ultimate Rewards points are worth a whopping $1,600 — so the 30,000 extra points, compared to the bonus from the Sapphire Reserve, gets you an additional $600 in value. The Chase Sapphire Preferred card is one of the best travel rewards cards on the market. The Chase Sapphire Preferred is our go-to credit card recommendation for those looking to get started earning points and miles. The CSP has long offered one of the most competitive sign-up bonuses out there and now it’s even better. This is a limited-time offer without a public end date, so if you're interested, it's a good idea to apply ASAP. The Points Guy will not sell your email. The Chase Sapphire Preferred bonus of 80,000 points is worth $1,000 (or 1.25 cents apiece) toward travel booked directly through the Chase Ultimate Rewards portal, which includes flights as well as hotels, cruises, vacation rentals, and more. You’ll need to wait at least 48 months between receiving the sign-up bonus on the Sapphire Preferred and receiving the bonus on the Reserve, so it’s a pretty big commitment (although you may be able to product change from one to the other after your first year with the card). That had a lot to do with the timing of the offer as much as the fact that you are getting 20,000 more bonus points for the same card and same spend ($4,000 within 3 months) as previously. Link: Chase Sapphire Preferred Offer (this is an affiliate link – thanks for the support! Don’t miss your chance at 80,000 bonus points with the Chase Sapphire Preferred. That already ranked among the biggest sign-up bonuses, so it's a huge surprise that Chase added another 20,000 Ultimate Rewards points. However, Chase has a myriad of rules with regards to some of these cards. Additional reporting by Madison Blancaflor. Right now, the Chase Sapphire Preferred is also offering new applicants its highest sign-up bonus ever—up to 80,000 Ultimate Rewards points after spending $4,000 on purchases with the card in the first three months from account opening. If you’re maximizing the Chase Sapphire Preferred and its welcome offer of 80,000 Ultimate Rewards, I hope you found some good ideas here. You'll earn the bonus after spending $4,000 on … Unfortunately, there’s less than a week left to earn this bonus before the offer disappears on Nov. 8, 2020. With a bonus of 60,000 points after $4,000 spend in the first 3 months and 2x points on dining and travel, this card truly cannot be beat! My October 14th statement shows the bonus. Explore our picks of the best brokerage accounts for beginners for January 2021. A weekend night in 2021 costs $950, so booking for 40,000 Hyatt points transferred from Chase per night is a steal. Check out our top picks of the best online savings accounts for January 2021. The Chase Sapphire Preferred offers a 25% bonus when you redeem your points directly through the Chase travel portal or on eligible purchases through Chase’s new Pay Yourself Back program. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. Of course, you can also splurge on more luxury Hyatt locations, such as the Category 8 Le Grand Bellevue. How to Protect Yourself from Credit Card Fraud. This means that 80,000 points will get you $1,000 of travel, an effective $905 profit after you pay your annual fee. Lyle is a writer specializing in credit cards, travel rewards programs, and banking. Those that applied during the limited time offer could earn 80,000 bonus points … Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Chase’s Pay Yourself Back program allows you to redeem points for select purchases. Please read our Privacy Statement and Terms & Conditions. So is this a good offer? For that, you'll likely need a FICO® Score of at least 670. The Ascent does not cover all offers on the market. What a week in Chase news – last week Chase unveiled the new Chase Freedom Flex as well as updated benefits on the Chase Freedom Unlimited.. And now this week, we get more good news from Chase – the best-ever bonus on the Chase Sapphire Preferred Card.You’ll earn a bonus of 80,000 Ultimate Rewards points after you spend $4,000 within the first three months of account opening. If you earned a bonus on the Chase Sapphire Preferred OR the Chase Sapphire Reserve in the past 48 months you are NOT eligible for this bonus. They protect against fraud far better than debit cards, help raise your credit score, and can put hundreds (or thousands!) This prevents you from being approved for Chase cards, including the Sapphire Preferred, if you’ve opened five or more personal credit cards across all banks in the last 24 months. Chase has a new highest-ever signup bonus on the Sapphire Preferred card: Get 50,000 points after spending $4,000 within 3 months. New to the world of points and miles? That is the equivalent of $1,000 in free cash (and even more if you strategically transfer points via … That’s why our expert – who has reviewed hundreds of cards – signed up for this one personally. The Ascent is reader-supported: we may earn a commission from offers on this page. If you've already opened five or more new credit cards in the past 24 months, then Chase could deny your application because of that. It shouldn’t necessarily be the deciding factor, but the CSR still has a sign-up bonus of 50,000 points after spending $4,000 on purchases in the first three months of account opening — so the CSP currently offers new cardholders 30,000 more points with a significantly lower annual fee. Here are a few ways to get the best bonus possible. Any time you can get more than $1,000 from a single credit card, it’s an easy win. The Huge Chase Sapphire Preferred Offer – 80,000 Points. Another important restriction to keep in mind when debating the Chase Sapphire Preferred is Chase’s 5/24 rule. ), and somehow still sports a $0 annual fee. If you meet the requirements for the card and the bonus, then putting in an application for the Chase Sapphire Preferred® Card is highly recommended. Chase Sapphire Preferred gives 80,000 bonus points after spending $4,000 on purchases in the first three months from account opening. Annual fee is waived the first year. Chase Sapphire Preferred Benefits. Signup for the Chase Sapphire Preferred and get 80,000 points after $4,000 in spend within the first three months. Chase Sapphire Preferred is offering a massive 80,000-point bonus, but is it worth the $95 annual fee? With an increased welcome bonus of 60,000 bonus points after meeting spending requirements, now’s the time to consider the Chase Sapphire Preferred® Card if you don’t have it yet. The typical Chase Sapphire Preferred bonus for the last few years was a 50,000-60,000 welcome offer. When Chase launched the 80,000 point offer on the Chase Sapphire Preferred card, the miles and points world went a bit bonkers. Show full articles without "Continue Reading" button for {0} hours. Get an additional 30,000 points after spending $30,000 (others got: $20,000) within the first year. Finance. Learn more We do receive compensation from some partners whose offers appear on this page. With Hyatt’s Category 2 hotels bookable for 8,000 points per night, you could essentially “buy” up to 10 free Hyatt nights for only $95. But with so many cards out there, you need to choose wisely. The Ascent is reader-supported: we may earn a commission from offers on this page. Official application link: Chase Sapphire Preferred Card with a 80,000-point bonus. While the sign-up bonus is the biggest perk of the Chase Sapphire Preferred® Card, it also has several other valuable benefits, including: Chase Ultimate Rewards points are some of the most valuable travel points of any credit card rewards program, and that makes the upgraded bonus even better. A free DashPass membership for a minimum of one year, which gets you a $0 delivery fee and reduced service fees on qualifying DoorDash orders over $12. Chase has now upgraded that offer to 80,000 Ultimate Rewards Points after you spend $4,000 in 3 months of opening the card. You could cash those points out for an easy $800 if you wanted to. Final Thoughts On Maximizing the Chase Sapphire Preferred Card. Chase just made one of the most valuable sign-up bonuses on the market even better. The Chase Sapphire Preferred card is one of the best travel rewards cards on the market. You have 1 day left to earn the Chase Sapphire Preferred Card’s huge 80,000-point bonus The Chase Sapphire Preferred Card’s massive 80,000-point … If you’re eligible and intend to apply, then please note that this limited time offer ends soon on November 8. And thanks to your Chase Sapphire Preferred card, when you book through the Chase Ultimate Rewards travel portal, your points are worth 25% more, or 1.25 cents each. There are two ways you can use Ultimate Rewards points for travel: This is a significant change to the Chase Sapphire Preferred® Card, as the bonus offer had been 60,000 points for years. The Chase Sapphire Preferred offers a 25% bonus when you redeem your points directly through the Chase travel portal or on eligible purchases through Chase’s new Pay Yourself Back program. So … JPMCB, JPMS and CIA are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states. This top-rated card offers the ability to pay 0% interest on purchases into 2022, has some of the most generous cash back rewards we’ve ever seen (up to 5%! The Chase Sapphire Preferred Card has a unique rewards program and … Starting Sept. 15, 2020, new cardmembers can **Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Preferred Card's 80,000-point sign-up bonus is only available to new cardholders. Here's how to know if you'll qualify. It offers a 2x earning rate on travel and dining, DoorDash delivery perks, strong travel protections and a sub-$100 annual fee that’s easy to justify. You haven't received a new cardmember bonus for any Chase Sapphire card in the past 48 months. Chase hiked the welcome bonus on its Chase Sapphire Preferred Card. We have not reviewed all available products or offers. Even better, Chase now unveils a new sign-up bonus for the popular traveler’s card, the Chase Sapphire Preferred® Card. Just make sure to apply before Nov. 8, 2020, or you’ll miss out on this fantastic bonus. Depending on where you’re staying, Category 2 hotels can cost $250 or more per night. of dollars in rewards back in your pocket each year. Everything You Need to Know About Savings, Copyright, Trademark and Patent Information. If you’re just getting started (or simply don’t want to pay the higher $550 fee) the Chase Sapphire Reserve may not be the best option for you. Explore the best credit cards in every category as of January 2021. Now, it’s taken to a different level with the elevate bonus offer. Chase Sapphire Preferred is one of the most popular cards in Chase credit card history. So those of us that jumped on the initial 100k bonus are right on the border of the 48 month cutoff. Years was a 50,000-60,000 welcome offer the same spending minimum but that required a $... 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