*Expired* Chase Sapphire PreferredSM is offering new cardholders 40,000 bonus points after they spend $3,000 within the first 3 months. The 40,000 bonus points can be redeemed for $500 towards airfare and hotel accommodations. This card has no annual fee for the first year and then an annual fee of $95 following that.
Chase Sapphire PreferredSM Features:
- Earn 40,000 bonus points after you spend $3,000 in the first 3 months – that’s $500 toward travel rewards!
- 2 points per dollar spent on travel and dining at restaurants & 1 point per dollar spent on all other purchases
- Get 20% off airfare, hotels, car rentals and cruises when you redeem through Ultimate RewardsSM
- No foreign transaction fees
- Receive a 7% Annual Points Dividend on all new points earned on purchases – even on points already redeemed
- 1:1 point transfer to participating frequent travel programs
- Direct access to expert service advisers anytime
- Introductory Annual Fee of $0 the first year, then $95
Here are some excellent features of the Chase Sapphire Preferred Card.
40,000 Bonus Points
This is undoubtedly the most attractive feature of the Chase Sapphire Preferred Card and probably, its unique selling point too. The bonus largesse from the Chase Sapphire Preferred Card is probably the largest in the credit card bonus category this year. To earn 40,000 bonus points, you must make a purchase of $3,000 within the first three months of card issuance. Think about what 40,000 bonus points can earn you. You can, for example, redeem these points to book a return air ticket worth $250, if you book the tickets through the Ultimate Rewards Site by Chase. To avail this bonus offer, make sure that your account is active for three months from the date of issuance and you have not defaulted on your bills during this period. The offer is available only on new applications and not for existing members. This offer is not applicable in the case of balance transfers from any other credit card. You must also note that to qualify for this card in the first place, your credit score must be acceptable to Chase Sapphire Preferred Card program.
On each $1 purchase at restaurants and travel, you get two reward points and for all other purchases, you get one reward point for each dollar spent. You can redeem these points later for gifts, vouchers and other merchandise. Using the Ultimate Rewards Site to make specific types of purchases is a real smart thing to do. You can get 20 percent discount when you redeem points to buy air tickets, book hotel rooms and cruises. For example, if you redeem points through the Ultimate Rewards Site, a flight ticket, which normally requires 50,000 reward points, would require 40,000 points. Additionally, your reward points will never expire. You never have to worry about your points expiring.
Dividend on Reward Points
Just like the 40,000 points bonus, this feature, too, is unique to the Chase Sapphire Preferred Card. This facility annually credits seven percent dividend on all accumulated reward points on your Chase Sapphire Preferred Card, even if you have already redeemed the points.
If you are looking for a high value, easy to use credit card, sign up for the Chase Sapphire PreferredSM. With this in your wallet, you can get the great sign up bonus as well as great cash back bonuses in the long term. The key to get the best out of this card is to use it smartly by aiming to use its best features — the 40,000 bonus points and the Ultimate Rewards Site.