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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.
Chase has announced that the sign-up offer launched earlier this week that only required $2,000 in spending in 3 months to score the 40,000-point sign-up bonus will be ending today at 3pm ET.
My understanding is that the spending requirement will go back up to the former requirement of having to spend $3,000 in 3 months. So if you wanted to get in on this card with the lower spending requirement, I would personally get it today.