CSP new offer: 100,000 bonus points

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teaman
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CSP new offer: 100,000 bonus points

Post by teaman »

PSA: Chase has upped the bonus to 100,000 points (additional 25000 if redeemed for travel) for opening a Sapphire Preferred credit card. It was 80,000 points until recently.

Chase Sapphire Preferred Credit Card | Chase.com

[link formatted by admin LadyGeek]
pindevil
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Re: CSP new offer: 100,000 bonus points

Post by pindevil »

This is an excellent offer. Most likely the best ever offered for Sapphire. A no brainer if you like travel rewards.
Soon2BXProgrammer
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Re: CSP new offer: 100,000 bonus points

Post by Soon2BXProgrammer »

teaman wrote: Wed Jun 09, 2021 12:23 pm PSA: Chase has upped the bonus to 100,000 points (additional 25000 if redeemed for travel) for opening a Sapphire Preferred credit card. It was 80,000 points until recently.

https://creditcards.chase.com/rewards-c ... /preferred
Can you change your link to just https://creditcards.chase.com/rewards-c ... /preferred it isn't clear if your link is a referral link or not
Last edited by Soon2BXProgrammer on Wed Jun 09, 2021 12:48 pm, edited 1 time in total.
solarcub
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Re: CSP new offer: 100,000 bonus points

Post by solarcub »

pindevil wrote: Wed Jun 09, 2021 12:37 pm This is an excellent offer. Most likely the best ever offered for Sapphire. A no brainer if you like travel rewards.
I've always wondered how these actually work. Like, let's say I normally buy plane tickets through Orbitz or Travelocity, or direct from the airline if they are not on those sites. Then how do I do it with Chase Points? Do they have their own version of Travelocity?
Soon2BXProgrammer
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Re: CSP new offer: 100,000 bonus points

Post by Soon2BXProgrammer »

solarcub wrote: Wed Jun 09, 2021 12:43 pm
pindevil wrote: Wed Jun 09, 2021 12:37 pm This is an excellent offer. Most likely the best ever offered for Sapphire. A no brainer if you like travel rewards.
I've always wondered how these actually work. Like, let's say I normally buy plane tickets through Orbitz or Travelocity, or direct from the airline if they are not on those sites. Then how do I do it with Chase Points? Do they have their own version of Travelocity?
they have their own travelocity equivalent.
TheRightKost87
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Re: CSP new offer: 100,000 bonus points

Post by TheRightKost87 »

I'm currently working on the minimum spend on this, but signed up 2 months ago when the offer was 80K points. Still a good offer, but a little bummed this didn't come out before I applied for the old offer.
"The problem with diversification is that it works, whether or not we want it to"
dboeger1
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Re: CSP new offer: 100,000 bonus points

Post by dboeger1 »

solarcub wrote: Wed Jun 09, 2021 12:43 pm
pindevil wrote: Wed Jun 09, 2021 12:37 pm This is an excellent offer. Most likely the best ever offered for Sapphire. A no brainer if you like travel rewards.
I've always wondered how these actually work. Like, let's say I normally buy plane tickets through Orbitz or Travelocity, or direct from the airline if they are not on those sites. Then how do I do it with Chase Points? Do they have their own version of Travelocity?
They do, although the values won't be the best. The CSP lets you redeem at 1.25 cents per point, the CSR at 1.5 cpp. The problem is that the Chase Travel Portal doesn't always have the best prices among travel sites, so the sometimes artificially inflated prices counter some of the benefits of those redemption values. The way the major travel bloggers tend to get the most value (>2 cpp) is by transferring points to travel partners. So for example, if you want to book a flight, you can transfer Chase points to an airline miles program and then book an award flight as if you had earned those loyalty miles through travel. The value of those redemptions varies wildly, and many of the best ones require some roundabout ways. A common one is that airlines partner with each other through various groups and deals, and they often have different point requirements, so the cheapest way to book an airline with points might be through another partner airline or program. These redemptions are somewhat complex and dependent on award flight availability, which can be hit or miss, so the points game is not nearly as easy in practice as the travel bloggers like to make it seem. It's definitely best for frequent leisure travelers with lots of flexibility (basically travel bloggers). It's not so great for your typical salaried office worker who tends to take vacations around busy holidays, because many award programs restrict award availability during those times. I'm running into this problem now, because I've been building up points throughout the pandemic, and I'm just starting to look at redemptions, but I really don't have the flexibility to take advantage of the good ones. The bonuses are still worth it even as cash back because they're so much bigger than the annual fees, but it's very likely for average people to hit a wall where they're just better off redeeming for cash back instead of those juicy travel awards.
dbr
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Re: CSP new offer: 100,000 bonus points

Post by dbr »

Chase points can be transferred 1-1 to various airline plans:

Aer Lingus, AerClub
British Airways Executive Club
Emirates Skywards®
Flying Blue AIR FRANCE KLM
Iberia Plus
JetBlue TrueBlue
Singapore Airlines KrisFlyer
Southwest Airlines Rapid Rewards®
United MileagePlus®
Virgin Atlantic Flying Club

American Express also offers point transfers, usually 1-1:\

https://www.americanexpress.com/us/rewa ... e-airlines
Last edited by dbr on Wed Jun 09, 2021 1:02 pm, edited 1 time in total.
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Re: CSP new offer: 100,000 bonus points

Post by LadyGeek »

As a reminder, referral links are not permitted. See: No Solicitation
Members may not post affiliate or referral links, except affiliate links in support of the forum, or ask for referrals.
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SubPar
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Re: CSP new offer: 100,000 bonus points

Post by SubPar »

That's a good one. I just nabbed a 100,000 mile bonus offer thru Delta/AmEx. Pretty pleased.
Topic Author
teaman
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Re: CSP new offer: 100,000 bonus points

Post by teaman »

Soon2BXProgrammer wrote: Wed Jun 09, 2021 12:41 pm
teaman wrote: Wed Jun 09, 2021 12:23 pm PSA: Chase has upped the bonus to 100,000 points (additional 25000 if redeemed for travel) for opening a Sapphire Preferred credit card. It was 80,000 points until recently.

https://creditcards.chase.com/rewards-c ... /preferred
Can you change your link to just https://creditcards.chase.com/rewards-c ... /preferred it isn't clear if your link is a referral link or not
Sorry, I did not mean it to be a referral link. I just copy pasted the CSP link that showed up after I logged out of my Chase account.
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teaman
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Re: CSP new offer: 100,000 bonus points

Post by teaman »

TheRightKost87 wrote: Wed Jun 09, 2021 12:49 pm I'm currently working on the minimum spend on this, but signed up 2 months ago when the offer was 80K points. Still a good offer, but a little bummed this didn't come out before I applied for the old offer.
Agreed. We got a new card in May, and were bummed too :wink:
rmdashrfsplat
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Re: CSP new offer: 100,000 bonus points

Post by rmdashrfsplat »

In my experience, best transfer value is to Hyatt and Southwest. Southwest recently devalued points and Im sure they will continue to do so, but I really like the cancel-or-change-anytime-for-any-reason fully-refundable/gimmick-free/no-blackout-date points setup there.

Also just an FYI you cannot claim this offer if youve gotten any sapphire welcome bonus in the last 48 months.
ponyboy
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Re: CSP new offer: 100,000 bonus points

Post by ponyboy »

Yep, already signed up. Will probably redeem for gift cards.
Tiny Portfolio
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Re: CSP new offer: 100,000 bonus points

Post by Tiny Portfolio »

TheRightKost87 wrote: Wed Jun 09, 2021 12:49 pm I'm currently working on the minimum spend on this, but signed up 2 months ago when the offer was 80K points. Still a good offer, but a little bummed this didn't come out before I applied for the old offer.
Call up and see if they will match the higher offer, most likely they will.
Jags4186
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Re: CSP new offer: 100,000 bonus points

Post by Jags4186 »

In branch the offer is 100,000 pts, $50 off groceries, and $0 annual fee year 1.
Soon2BXProgrammer
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Re: CSP new offer: 100,000 bonus points

Post by Soon2BXProgrammer »

Jags4186 wrote: Wed Jun 09, 2021 1:42 pm In branch the offer is 100,000 pts, $50 off groceries, and $0 annual fee year 1.
is the 100k in branch offer now live? i thought it didn't start for a few more days?
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Watty
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Re: CSP new offer: 100,000 bonus points

Post by Watty »

Do you know if spouses can both apply separately and both get the 100K bonus?
Soon2BXProgrammer
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Re: CSP new offer: 100,000 bonus points

Post by Soon2BXProgrammer »

Watty wrote: Wed Jun 09, 2021 1:58 pm Do you know if spouses can both apply separately and both get the 100K bonus?
Yes, just do not add each other as authorized users. You can claim all the household income to apply even though you are applying seperately.
H-Town
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Re: CSP new offer: 100,000 bonus points

Post by H-Town »

Soon2BXProgrammer wrote: Wed Jun 09, 2021 1:45 pm
Jags4186 wrote: Wed Jun 09, 2021 1:42 pm In branch the offer is 100,000 pts, $50 off groceries, and $0 annual fee year 1.
is the 100k in branch offer now live? i thought it didn't start for a few more days?
According to doctorofcredit article this morning, yeah....
Ron Ronnerson
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Re: CSP new offer: 100,000 bonus points

Post by Ron Ronnerson »

Watty wrote: Wed Jun 09, 2021 1:58 pm Do you know if spouses can both apply separately and both get the 100K bonus?
You can and it could potentially be even better. My wife opened a Chase Sapphire Preferred account in October 2020 when the bonus was 80k points. Then, in April 2021, she used the mobile app for Chase to refer me for the same type of account. Using her referral link, I also applied for the Chase Sapphire Preferred card. I'm currently working toward meeting the minimum spending requirement to also earn 80k points. Additionally, my wife earned 15k points for making the referral (those points recently posted to her account). I am not sure if referral points are available with the 100k bonus offer or not but they were available with the 80k offer.

By the way, it's important that you do not add each other as authorized users on one another's accounts and you can not have earned a Sapphire bonus (either on the Preferred or Reserve card) in the past 48 months and you can't currently have any Sapphire cards. If you do currently have a Sapphire card and it's been more than 48 months since you last earned a bonus, you should call Chase and either change the Sapphire card to another product such as Freedom Unlimited (no annual fee on that card) or just close the account. Then, wait a few days and apply for the Chase Sapphire Preferred.

I thought 80k points plus 15k for my wife for the referral was fantastic (I also got a $50 grocery credit) but 100k points is ridiculously great.
PaunchyPirate
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Re: CSP new offer: 100,000 bonus points

Post by PaunchyPirate »

I was thinking of getting a new travel rewards card. So I just signed up to get the 100,000 points. It said to expect my card in 3-5 business days. I’d love to have it in 7 days when I head off on my trip to Yosemite/Sequoia/King Canyon National Parks. Fingers crossed.
Topic Author
teaman
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Re: CSP new offer: 100,000 bonus points

Post by teaman »

PaunchyPirate wrote: Wed Jun 09, 2021 7:53 pm I was thinking of getting a new travel rewards card. So I just signed up to get the 100,000 points. It said to expect my card in 3-5 business days. I’d love to have it in 7 days when I head off on my trip to Yosemite/Sequoia/King Canyon National Parks. Fingers crossed.
Check with a local branch. They might be willing to overnight you a new card.
BogleFan510
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Re: CSP new offer: 100,000 bonus points

Post by BogleFan510 »

dbr wrote: Wed Jun 09, 2021 1:00 pm Chase points can be transferred 1-1 to various airline plans:

Aer Lingus, AerClub
British Airways Executive Club
Emirates Skywards®
Flying Blue AIR FRANCE KLM
Iberia Plus
JetBlue TrueBlue
Singapore Airlines KrisFlyer
Southwest Airlines Rapid Rewards®
United MileagePlus®
Virgin Atlantic Flying Club

American Express also offers point transfers, usually 1-1:\

https://www.americanexpress.com/us/rewa ... e-airlines
Question. If you transfer into Rapid Reward, does it count towards companion pass accumulations? My assumptuon is no, though the Chase RR card does count.
dbr
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Re: CSP new offer: 100,000 bonus points

Post by dbr »

BogleFan510 wrote: Wed Jun 09, 2021 8:14 pm
dbr wrote: Wed Jun 09, 2021 1:00 pm Chase points can be transferred 1-1 to various airline plans:

Aer Lingus, AerClub
British Airways Executive Club
Emirates Skywards®
Flying Blue AIR FRANCE KLM
Iberia Plus
JetBlue TrueBlue
Singapore Airlines KrisFlyer
Southwest Airlines Rapid Rewards®
United MileagePlus®
Virgin Atlantic Flying Club

American Express also offers point transfers, usually 1-1:\

https://www.americanexpress.com/us/rewa ... e-airlines
Question. If you transfer into Rapid Reward, does it count towards companion pass accumulations? My assumptuon is no, though the Chase RR card does count.
Don't know but doubt it very much.
czaj
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Re: CSP new offer: 100,000 bonus points

Post by czaj »

BogleFan510 wrote: Wed Jun 09, 2021 8:14 pm
dbr wrote: Wed Jun 09, 2021 1:00 pm Chase points can be transferred 1-1 to various airline plans:

Aer Lingus, AerClub
British Airways Executive Club
Emirates Skywards®
Flying Blue AIR FRANCE KLM
Iberia Plus
JetBlue TrueBlue
Singapore Airlines KrisFlyer
Southwest Airlines Rapid Rewards®
United MileagePlus®
Virgin Atlantic Flying Club

American Express also offers point transfers, usually 1-1:\

https://www.americanexpress.com/us/rewa ... e-airlines
Question. If you transfer into Rapid Reward, does it count towards companion pass accumulations? My assumptuon is no, though the Chase RR card does count.
It used to many years ago, but not any more.
czaj
Posts: 125
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Re: CSP new offer: 100,000 bonus points

Post by czaj »

BogleFan510 wrote: Wed Jun 09, 2021 8:14 pm
dbr wrote: Wed Jun 09, 2021 1:00 pm Chase points can be transferred 1-1 to various airline plans:

Aer Lingus, AerClub
British Airways Executive Club
Emirates Skywards®
Flying Blue AIR FRANCE KLM
Iberia Plus
JetBlue TrueBlue
Singapore Airlines KrisFlyer
Southwest Airlines Rapid Rewards®
United MileagePlus®
Virgin Atlantic Flying Club

American Express also offers point transfers, usually 1-1:\

https://www.americanexpress.com/us/rewa ... e-airlines
Question. If you transfer into Rapid Reward, does it count towards companion pass accumulations? My assumptuon is no, though the Chase RR card does count.
It used to years ago, but not any more.
Last edited by czaj on Wed Jun 09, 2021 10:08 pm, edited 1 time in total.
Hoosier CPA
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Re: CSP new offer: 100,000 bonus points

Post by Hoosier CPA »

Anyone know if they are still waiving the 1st year annual fee if you apply in branch? They were a couple weeks ago, and I applied under the 80K offer. I would like to have my wife sign up for the same card now that it's 100k in points. Still a great deal if you have to pay the $95 for a year.

Nevermind - I saw the question was already answered. I'll try to have her sign up in branch soon!
pindevil
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Re: CSP new offer: 100,000 bonus points

Post by pindevil »

rmdashrfsplat wrote: Wed Jun 09, 2021 1:20 pm In my experience, best transfer value is to Hyatt and Southwest. Southwest recently devalued points and Im sure they will continue to do so, but I really like the cancel-or-change-anytime-for-any-reason fully-refundable/gimmick-free/no-blackout-date points setup there.

Also just an FYI you cannot claim this offer if youve gotten any sapphire welcome bonus in the last 48 months.
I was bummed about the devalued points but honestly they still have the best rewards out there. DW and I have earned companion passes from all the SW credit card points we have. So each time we book a free flight with rewards points our two kids fly free as our companion. I'm not aware of any other airline that comes close to being that generous.

Additionally, since March of 2019 Southwest has been occasionally waiving the fare difference on flight changes. For example book a flight for $80 and then change to a $500 flight for free. You really have to be paying attention to take advantage though as they only do it for a short period and they don't advertise when it will happen. What other airline would waive the difference in fare like that?
LifeIsGood
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Re: CSP new offer: 100,000 bonus points

Post by LifeIsGood »

Quite a few posts on Slickdeals regarding the 100,000 point match and all said Chase quit doing this.
Tiny Portfolio wrote: Wed Jun 09, 2021 1:27 pm
TheRightKost87 wrote: Wed Jun 09, 2021 12:49 pm I'm currently working on the minimum spend on this, but signed up 2 months ago when the offer was 80K points. Still a good offer, but a little bummed this didn't come out before I applied for the old offer.
Call up and see if they will match the higher offer, most likely they will.
PaunchyPirate
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Re: CSP new offer: 100,000 bonus points

Post by PaunchyPirate »

teaman wrote: Wed Jun 09, 2021 8:09 pm
PaunchyPirate wrote: Wed Jun 09, 2021 7:53 pm I was thinking of getting a new travel rewards card. So I just signed up to get the 100,000 points. It said to expect my card in 3-5 business days. I’d love to have it in 7 days when I head off on my trip to Yosemite/Sequoia/King Canyon National Parks. Fingers crossed.
Check with a local branch. They might be willing to overnight you a new card.
No local branches in my part of Pennsylvania. We are not Chase territory.
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