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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.

sapphire
Looks like most people see the 40K offer, but some might still be able to apply for the 50K one.

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!

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

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