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Update: The Chase Sapphire Preferred® Card sign-up bonus offer is now reduced to 40,000 points when you spend $3,000 in the first 3 months.

TPG reader Buck writes:

“I just received my Chase Sapphire Preferred® Card today. When does the 3 month clock start to get the 50,000 bonus points promo after $3,000 in spend? The day that I call the phone number to activate the card or did it start the day that I applied for the card?”

Per my official contact at Chase “The clock on the 3 months starts at account open date (approval date).” This may vary by issuer, but to be safe you should assume the day the account was created is the day the clock starts.

So if you get denied originally and then call the reconsideration line (like I had to do), then the clock starts the day you get approved. If you think you’ll have a hard time hitting the spend or if you are about to leave on a trip, you can always ask for them to expedite delivery of the card because sometimes it can take up to two weeks.

Another thing to consider: when I applied for the Ink Bold card, it was sent to the address I have on my Chase business checking account, which wasn’t where I wanted it sent. I spent almost a month tracking the card down (in between several international trips) and by the time I got it in my hands over 33% of my spend clock was gone. Always confirm with Chase that they have the correct address where you want the card sent.

Chase Sapphire Preferred® Card

With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.

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More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.