If you’re new to the world of miles and points, let me introduce you to a credit card that is essential for your wallet. You may heard about the current 80K point Chase Sapphire Preferred sign-up bonus. It’s not just hype. This is a deal you absolutely want to take advantage of if you are eligible.
Chase Sapphire Preferred Card Benefits
I’ve had this card in my wallet since 2009, the year the card launched. For the $95/year annual fee, it represents one of the best all-around travel credit cards, with benefits including:
- 2x Ultimate Rewards points on travel and dining
- 1 point per $1 on all other purchases
- Travel interruption/delay coverage
- Car rental coverage
- No foreign transaction fees
- Rotating category bonuses
- 25% bonus on Ultimate Rewards redemptions (points are worth 1.25 cents)
That alone is enough to sign-up for this card, but…
80K Bonus Points Makes Chase Sapphire Preferred A No Brainer
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. That is the equivalent of $1,000 in free cash (and even more if you strategically transfer points via Ultimate Rewards airline and hotel partners). During the pandemic, Chase offers an additional perk on this card called “Pay Yourself Back.” You can take those 80,000 points and convert them to $1,000 in cash to pay down your Chase bill. That’s worth the application whether you wish to travel or not.
The new offer is available to those who currently do not have a Chase Sapphire card (either Preferred or Reserve) and those who have not received a sign-up bonus on either Sapphire card over the last 48 months. Generally, two years of credit history and a score above 720 is needed for card approval.
CONCLUSION
It’s rare that Live and Let’s Fly will offer a post solely on a credit card offer. I’ll make an exception here because this is truly a deal worth signing up for. While I’d love if you would help support Live and Let’s Fly by signing up through the link below, just sign up…wherever the source. We’ve never seen a sign-up bonus this lucrative.
If you are considering signing up for the Chase Sapphire Preferred or another a new credit card please click here and help support Live and Let’s Fly.
80K sign up offer is great. However, this card is weak in year 2+. I can get no AF cards that get me 2x on everything (not just travel and dining). Chase needs to refresh the Sapphire lineup especially after their updates to the freedom cards.
Capitol One Venture must really be taking a bite out of this card, because Chase is flooding the web with Sapphire 80,000 point ads, and in all the ads I’ve seen Chase compares the offer to the Venture card.
Personally, I carry CSR instead. At first it was a no brainer, but as the years have gone by the value proposition I get by paying more for CSR instead of CSP has evaporated.
If the $550 AF is back when my CSR renews, I’ll cancel and switch to CSP.
Got the CSR 3.7 years ago and will have to wait roughly 6 more months before passing the 48-month anniversary of the signup bonus. Sure hope this offer is still available then.
I’m rather renewing my CSR at the $450 price this year, so I’m out of contention. I’ll have to see how long my wife has had her CSP, might be time to cancel and reapply.
You have very pretty fingernails btw
Chase Sapphire preferred 80,000 BONUS POINTS After you spend $4,000 on purchases in the first 3 months( that is $1000 dollars$$$$$$$$$$$$$$$$$$$$$$)
https://www.referyourchasecard.com/6/Q01PHCEG3B
80,000 BONUS POINTS
After you spend $4,000 on purchases in the first 3 months from account openingoffer details reference* — that’s $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
Just be sure to apply through this page and your friend can be rewarded!
Apply by 11/7/2020