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I’m currently in India about to board a flight to Dubai, but earlier today, Chase launched a sign-up bonus offer on the Sapphire Preferred for 40,000 points when you spend $4,000 in the first 3 months plus an additional 5,000 points for adding an authorized user who makes a purchase in the first 3 months with the first year’s $95 annual fee waived.
When some readers clicked on the link, it actually showed a higher offer of 50,000 points when you spend $3,000 in the first 3 months plus an additional 5,000 points for adding an authorized user who makes a purchase in the first 3 months – so a total potential of 55,000 points, though that version came with an annual fee of $125 waived the first year.
Because it appeared as though the offer might be targeted to some consumers, some folks who had seen it reported that it had reverted to the 40,000-point offer, but it looks like the offer might still be live for some. For instance, I can no longer see it when I click on the links to the application, but TPG Managing Editor Eric Rosen does, so if you were thinking of applying, you should see what is available to you. If you got the higher offer, congratulations, that is great news for you, and I would just be sure to screenshot the offer so you have proof of the terms you were applying under.
If you originally saw it but are now only seeing the 40K offer, you can still call Chase and ask about it.
Although I do not have a link to the 50,000-point offer, you might still be able to find a working one on this FlyerTalk thread or via SlickDeals. If you do still get the 50K offer and were thinking of applying, I would do so while you still have access to it, and report back in the comments with your experience!