Chase Sapphire Preferred 10% Anniversary Bonus Going Away
The Chase Sapphire Preferred card offers a 10% anniversary points bonus. Each account anniversary year, you’ll earn bonus points that equal 10% of your total spend in points from purchases made with your credit card during the previous account anniversary year at a rate of 1 point for each $1 spent.
This bonus is just based on the total spend for the anniversary year, and not the points you have earned during those 12 months. So if you spend $50,000, you will receive an anniversary bonus of 5,000 points.
It’s just an extra 0.1X on all your spend so it’s not a huge bonus. But it’s apparently big enough for Chase to take it away. Some Chase Sapphire Preferred cardholders are now seeing the following message in their app:
“The Anniversary Bonus is retiring. You will continue to earn 10% of your spend through 10/1/26.”
This is showing under Rewards Activity, but I don’t see it in my account. Maybe they jumped the gun on publishing it, and they removed it. Or maybe it’s only showing for some people.
HT: BillardMcLarry
