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Chase Sapphire Preferred Card - Earn 55k Points after $3000 spent in 3 months

Posted on 11/21/13 at 11:31 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 11/21/13 at 11:31 am
LINK

quote:

Main features.

50k after $3000 spend in 3 months.
5k after adding an authorized user
$0 Intro Annual Fee for the first year, after that $125
Chip Enabled and zero Forex


Spend $3000 get $550. Sounds like a winner.
This post was edited on 11/21/13 at 12:02 pm
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 11/21/13 at 11:35 am to
Best way to pay for tuition!
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 11/21/13 at 11:37 am to
quote:

Best way to pay for tuition!


or go on a christmas shopping spree
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 11/21/13 at 12:16 pm to
I think my annual fee is only $95

ETA: That is a great deal... UR points are extremely versatile
This post was edited on 11/21/13 at 12:18 pm
Posted by Teddy Ruxpin
Member since Oct 2006
39578 posts
Posted on 11/21/13 at 12:33 pm to
Ya, they upped the annual fee to give the bigger bonus. From what I understand, the chip is sort of pointless since it is Chip and Signature, and not Chip and PIN, which is what all the foreign countries actually use. The chip will let you do some things overseas, but I don't get why they just didn't go all the way.

Chase Freedom jumped up to 20,000 points as well. Everyone who has a CSP should have a Freedom. If you applied for the card within the past 90 days when the bonus was 10k, send a secure message to Chase through your account and they will give you the extra 10k. I did that a few days ago on my fiancee's account.
This post was edited on 11/21/13 at 12:36 pm
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 11/21/13 at 12:37 pm to
So is my annual fee going up?
Posted by Teddy Ruxpin
Member since Oct 2006
39578 posts
Posted on 11/21/13 at 12:46 pm to
quote:

So is my annual fee going up?



I haven't read anything claiming that is going to happen.

You can request the chip on your current card now and not pay any extra for it. But I can't see how they would keep these two separate fees for long.

Unless they are cool with the whole, one group pays more for the bigger bonus thing.
This post was edited on 11/21/13 at 12:47 pm
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 11/21/13 at 12:59 pm to
I don't need a chip
Posted by Teddy Ruxpin
Member since Oct 2006
39578 posts
Posted on 11/21/13 at 1:28 pm to
quote:

I don't need a chip


Ya, I would like a chip for the future, but apparently its pointless without it being PIN enabled.

My plans call for me getting out of the country once a year/two years so its not that BIG a deal to me either.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27067 posts
Posted on 11/21/13 at 8:54 pm to
$125 a year a bit rich for my blood right now, but I'll certainly jump on the intro offer come the first of the year.

For those of you who have downgraded from CSP to CS, is it much of a hassle? Do they send you a new card with a new number, etc?
Posted by Teddy Ruxpin
Member since Oct 2006
39578 posts
Posted on 11/21/13 at 10:19 pm to
I can't imagine it being that difficult. They will have to issue a new card so the only hassle I can imagine it's not being able to use your preferred card while the regular card is in the mail. You'll wait one business week in that scenario, and you should have other cards anyways.

I get more annoyed waiting on cards I just got approved for. I get so excited.
This post was edited on 11/21/13 at 10:21 pm
Posted by Skin
Member since Jun 2007
6370 posts
Posted on 11/22/13 at 3:55 pm to
Where do you see 50k points? Only seeing 40K on my end.
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 11/22/13 at 4:03 pm to
Offer for 50K points for $3K spend over 3 months; Annual Fee waived first year, $125 thereafter. Extra 5K for adding additional cardholder.

Offer for 40K points for $3K spend over 3 months; Annual Fee waived first year, $95 thereafter. Extra 5K for adding additional cardholder.

Offer for 40K points for $2K spend over 3 months; Annual Fee waived first year, $95 thereafter.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27067 posts
Posted on 11/23/13 at 10:40 am to
Now that I've thought about it, I don't really get this tiered promotion. Large sign up bonuses draw in card jumpers who likely aren't going to stick around. Raising the annual fee means even fewer of those people will decide that the card has value and keep it.

Can someone explain this logic to me?
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 11/23/13 at 11:15 am to
They are trying to get people to sign up for the pinned version. Some people really want pinned cards these days. They just released it a few days ago.
Posted by TigerDeBaiter
Member since Dec 2010
10265 posts
Posted on 11/23/13 at 11:31 am to
I'd say the logic is the same as all CC issuers. They hope the spend that 3k real fast, keep spending, get in over their heads and pay interest each month.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27067 posts
Posted on 11/23/13 at 12:35 pm to
quote:

I'd say the logic is the same as all CC issuers. They hope the spend that 3k real fast, keep spending, get in over their heads and pay interest each month.


I'm talking specifically about the two current tiers. If you take a lower sign up bonus, you'll have a lower annual fee. If you opt for a larger annual fee (and are therefore less likely to keep the card next year when you'd actually have to pay that fee) we'll give you a larger sign up bonus.
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 11/24/13 at 11:27 am to
Is the 50k promo no longer running? The link shows the 40k offer for me
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 11/24/13 at 11:58 am to
Still shows for me

Posted by I Love Bama
Alabama
Member since Nov 2007
37714 posts
Posted on 12/6/13 at 1:16 pm to
I was banned so I couldn't thank OP.

Thanks.

I ended up getting a brand new LED TV out of this deal.

eta: hasn't come in yet...
This post was edited on 12/6/13 at 1:17 pm
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