Chase Sapphire Preferred, New Targeted 80K Offer

Chase Sapphire Preferred, New Targeted 80K Offer

Chase has a new bonus of 80,000 Ultimate Rewards points for the Chase Sapphire Preferred credit card. This is a targeted offer that has been sent out by mail to some customers. This card falls under the 5/24 restriction (5/24 Guide). Click here for details and our full review of the card.

Related: Chase Ultimate Rewards Points Guide: Earning, Redeeming and Sapphire, Freedom and Ink Brands

The Offer

• Earn 80,000 Bonus Points after you spend $4,000 on purchases within the first 3 months of account opening.

Annual fee of $95 is not waived.

Card Benefits

• Earn 2X points on travel and dining at restaurants- from airfare and hotels to fine dining and cafés.
• Earn 1 point per dollar spent on all other purchases.
• Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
• No foreign transaction fees
• Read our full review of this card here.

Conclusion

This is the best offer that we have ever seen for the Chase Sapphire Preferred credit card. We have seen a 80,000 bonus in the past, but it required a large amount of spending. Keep in mind that the card falls under 5/24 rule and you also need to be targeted for this new offer.

The bonus is worth $1,000 toward travel when redeemed through Chase Ultimate Rewards. But it could be even better ($1,200) if you have a Chase Sapphire Reserve card or transfer points to travel partners.

HT: Doctor of Credit