Chase continues to be hard at working in trying to obtain new credit card customers and they’ve now launched a 40,000 bonus point offer on their Chase Sapphire Preferred℠ Card. If you turn the 40,000 bonus points in for cash, you can get a $400 statement credit but if you use them to redeem a flight through Ultimate Rewards, you can get a ticket worth up to $500. Not to worry if your flight is more expensive … you can simply pay the difference. The catch, if you want to call it that, is that the new cardholder must spend at least $3,000 within the first three months.
The reason you can get a more expensive plane ticket is the Chase Sapphire Preferred Card offers a 25% increase in points when you redeem them through their Ultimate Rewards platform. Plus, cardholders will also receive a 7% dividend at the end of the year, meaning you’ll receive even more points. For example, if a cardholder was to earn 100,000 points during the year, they would receive a 7,000 point bonus on their anniversary date (which amounts to roughly ~$85 in travel rewards)
Every dollar spent on travel and dining is worth two rewards point and all other purchases are worth one. The Chase Sapphire Preferred℠ Card’s $95 annual fee is waived for the first year and the coolest feature of this card is the 24/7 live operator support you’ll receive. No pushing buttons to connect to a human being, the number you are provided on the back of your Chase Sapphire Preferred Card leads straight to a customer service representative.
So if you’re looking to make a big purchase in the next few months or find yourself putting most of your daily purchases on one credit card AND have the excellent credit required to obtain this card and limited time bonus offer, consider the Chase Sapphire Preferred℠ Card.
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