Chase Sapphire Preferred® Card Lower Spending Requirement Ends at 3pm Eastern Today

by on August 22, 2012 · 20 comments

in Chase, Credit Cards

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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.

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.

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  • Fielding

    Would go up in 3 months or 3 days?

  • thepointsguy

    Not sure what you mean?

  • Rosenberg Ari

    Is chase Bi Polar? What is the sudden change of mind?

  • thepointsguy

    Hah I think they are trying to align the offer throughout all of their channels and probably ran into an issue and needed to push back the new change.

  • Brian

    40k seems so subpar next the 100-50k offer. Gosh I was so young and dumb back then… I think (as in I hope) the sign up bonus will increase around Chistmas/New Years.

  • Rosenberg Ari

    Understood. Thanks TPG

  • thepointsguy

    Agree, but 40k is still better than the 25k that Amex/Citi and the 10k cap one is offering now

  • Zz

    It was a cheap and easy way to manipulate social media (bloggers) and get the word out for the card. Well done Chase.

  • Ben

    Just applied and decision is pending. If accepted, I will be holding chase to this offer…

  • JM

    Probably referring to this part of your post: “…the spending requirement will go back up to the former requirement of having to spend $3,000 in 3 months.” You have to spend $3,000 in three months. The lower spend offer only lasted 3 days (not even that, really).

  • John

    I followed your advice, got instant approval with only $2k spending requirement (and used your link BTW)

    Thank you !

  • Andy P

    Got instant approval!
    Used your link!

  • thepointsguy

    Thanks for using my link- really appreciate it!

  • thepointsguy

    You should be fine- if you want to speed up your approval you can call the reconsideration line at 1-888-245-0625

  • Matty

    I missed out on the deal, unfortunately. Is it still worth doing for the $3k in 3 months? I’d probably spend that anyway, but I also am eligible for the United Explorer 50k points deal for $1k in 3 months, and I believe according to other posters, Chase only approves new cards every 4-6 weeks. I guess the other question is: will Sapphire 40k bonus be up for another 6 weeks, or do you expect the whole thing to end soon?

  • PJ

    You will be OLD and RICH if you stay on this gift collecting pattern: spend $2000 AND get $500+++ gifts on each card coming your way ; some cards even come with 50K with a first purchase while your money in the bank can hardly grow over 1 % TAXABLE income in a year

  • roughinit

    I slogged through the $3,000 spend requirement, but basically I put everything on it for 3 months and that was that. It wasn’t too hard since I live abroad and the card charges no fees for overseas purchases. Plus it’s nice to have that, what is it? 7% point bonus every year, making 50,000 actually 53,000 points. So after charging my first $4,000, I think I actually get 57,780 points.

  • Striper2

    I have the Sapphire for 1 year. Should my wife apply for one now. It will not help spending for points, but will add 40K to the account after the 3K spend.

    Also, I have a fairly substantial Chase bank account. Are there perks on my Chase cards since i have the checking/savings account.

  • Ryan

    I applied when it was 40k for 3k spend, and I just sent Chase a secure message, and then immediately changed me to 40k for 2k spend. As TPG often says…never hurts to ask

  • Yaulei

    Can I use the 40,000 points to upgrade my flight on Air China?

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