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re: Chase Sapphire Preferred Card - Earn 55k Points after $3000 spent in 3 months
Posted on 11/23/13 at 10:40 am to BACONisMEATcandy
Posted on 11/23/13 at 10:40 am to BACONisMEATcandy
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?
Can someone explain this logic to me?
2
Posted on 11/23/13 at 11:15 am to Joshjrn
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 on 11/23/13 at 11:31 am to Joshjrn
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.
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