60,000 Bonus Point Offer for Chase Sapphire Preferred

Chase has upped the signup bonus on its Sapphire Preferred credit card to 60,000 Ultimate Rewards points after spending $4,000 on purchases in the first 3 months. With this increased bonus, the annual fee of $95 is not waived for the first year. The normal bonus is 50,000 points after spending $4,000 in 3 months with no annual fee the first year.

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Effectively, this new offer is like spending $95 for 10,000 Ultimate Rewards points. That’s a good deal even if you plan to redeem UR points for cash. At the same time, there are those who, in principle, refuse to sign up for a card that carries an annual fee, regardless of value.

So far, there’s been no indication from Chase if this is a permanent change, or simply temporary.

HT: Reddit user ramonortiz55

Chase Sapphire Preferred^® Credit Card

• 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
• 2x Points on Travel and Dining
• Complimentary DoorDash DashPass subscription for a minimum of 1 year
• No Foreign Transaction Fees
• $95 Annual Fee

This product is available to you if you do not have any Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 48 months.

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