Right now, Chase has a record breaking offer when you get a new Sapphire Preferred card.
You’ll get 80,000 Chase Ultimate Rewards points when you spend $4,000 within three months on your new card.
This offer ends June 1st at 6pm ET.
To put this in perspective, you can't get less than $1,000 worth of travel from 80,000 Ultimate Rewards points when you book via the Chase Travel Portal since your points are worth 1.25 cents each there. Meaning that for just spending $4,000 on a new credit card as you normally would, you are getting a "thank you" of at least $1,000. You can also “Pay Yourself Back” for purchases at grocery stores, dining, and home improvement stores at the same 1.25 cents per point rate within 90 days of purchase.
We say "at least $1,000" because that is the floor value of the points when redeemed using the above methods, not the ceiling. By using Chase's transfer partners, like United Airlines or Hyatt, the value can be much higher.
If you are eligible, the bonus is pretty unbeatable. Note that you would not be eligible for a bonus on this card if:
- You have opened 5 or more personal credit cards in the last 24 months.
- You currently have a Chase Sapphire Reserve or Chase Sapphire Preferred card open.
- You got the signup bonus on either the Reserve or Preferred within the last 48 months.
80,000 Ultimate Rewards points on the Sapphire Preferred are worth at least $1,000! This offer ends June 1st at 6pm ET.
Learn more about the Chase Sapphire Preferred and how to apply for this 80,000 point offer at Your Best Credit Cards