Chase Sapphire Preferred, 55K Sign Up Bonus

Chase Sapphire Preferred is offering a 50K bonus points when you sign up for a new card and you spend $4000 on the first three months. That’s $625 towards airfare or hotels when you redeem through Chase Ultimate Rewards, but even more valuable when transferred to a travel partner. You can earn an additional 5K points if you add one authorized user to the account and make one purchase on that card within the first three months.

Chase Sapphire Preferred

This is a good card if you travel a lot and definitely check out the perks before signing up. I already have it, and I used a not as good of a deal last year. The card comes with a $95 annual fee, but it is waived for the first year.

Referral Bonus

If you already have the card then you can invite friends to sign up and earn 5000 Chase UR points per referral, up to 50,000 points per year.  That’s 5,000 bonus points for each friend (up to 10) who gets and uses the card. Use this page to email your referral to friends, or use the twitter option there to get your referral link faster.

The links in the article are my referrals links and I would greatly appreciate it if you would use them to sign up.

Card Details

  • Apply Here
  • 50,000 bonus points after you spend $4,000 in the first three months from account opening. Those 50,000 points can be redeemed for $625 in travel through Ultimate Rewards, or $500 cash back.
  • 5,000 additional bonus points after you add the first authorized user and they make a purchase in the first three months from account opening
  • Introductory Annual Fee of $0 the first year, then $95
  • 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases
  • No foreign transaction fees
  • Up to 10 points per dollar at nearly 300 top online retailers when you access those websites through the Ultimate Rewards Mall portal.
  • No caps on reward earnings

7 thoughts on “Chase Sapphire Preferred, 55K Sign Up Bonus

  1. Pingback: Chase Sapphire Preferred, 70K Pre-Approved Offer In Branch (YMMV) | Danny the Deal Guru

  2. Hey Danny, do you think it’s better to get the Sapphire Preferred or wait for the new card that’s supposed to come out soon?

    • They’re different cards and it’s difficult to suggest one over the other. Even more difficult since we don’t fully know all the details of the new Sapphire premium card. But if you’re considering the new card and and 5/24 is an issue for you, then you’re better off waiting till it comes out and then see for yourself if it work for you. This CSP offer should still be around.

  3. I think you made a few mistakes below. It is 50K points and I think that equals $500 cash back. I’m not sure about the travel though.

    “Those 40,000 points can be redeemed for $500 in travel through Ultimate Rewards, or $400 cash back.”

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