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

by on August 22, 2012 · 20 comments

in Chase, Credit Cards

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.

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  • http://twitter.com/skyvan 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!
    Thanks!

  • 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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