*80K BONUS!* CHASE SAPPHIRE PREFERRED (80,000 Chase Ultimate Rewards Points)
Mark Reese // Credit & Finance
•October 8th, 2020
DESCRIPTION
The Chase Sapphire Preferred card has a MASSIVE signup bonus of 80,000 Ultimate Rewards points right now! Click "Show More" to see Ad Disclosure.
Whether you redeem credit card points for travel or cash back, you’ll get a lot of value!
💳👉VIEW CREDIT CARD OFFERS!
https://markscreditcards.com/offers
🛍 RAKUTEN - Earn Cash Back!
http://markscreditcards.com/rakuten
‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100:
http://markscreditcards.com/webull
SIGNUP BONUS
80,000 Chase Ultimate Rewards Points after spending $4,000 in the first 3 months
EXPIRATION
Potentially 11/07/2020. This is the date the referral link offer ends. No announcement from Chase when the public offer will end. If you’d like to get this 80K Offer, I’d apply before Nov. 7th.
VALUE
These 80,000 Chase points are worth different amounts depending on how you redeem them. Here are the best 3 ways to redeem Chase points.
-Travel (Chase transfer partners): $1,600 (avg. 2.0¢ per point | depends on program)
-Travel (Chase travel portal): $1,000 (guaranteed value, 1.25¢ per point)
-Cash Back (Chase Ultimate Rewards portal): $800 (guaranteed value, 1.0¢ per point)
CHASE ULTIMATE REWARDS TRANSFER PARTNERS (As of Oct. 2020)
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
IHG Rewards Club
Marriott Bonvoy
World of Hyatt
These Chase travel partners transfer at a 1:1 ratio (e.g. 10,000 Chase UR points = 10,000 air miles or hotel points). There may be occasional transfer promotions as in the example of Southwest Airlines currently offering a 20% boost (i.e. 1:1.2 ratio) when converting to Rapid Rewards points.
CHASE SAPPHIRE PREFERRED POINTS
2X Travel
2X Dining
1X Everything else
WHAT COUNTS AS ‘TRAVEL’ WITH CHASE
airlines
hotels
motels
timeshares
car rental agencies
cruise lines
travel agencies
discount travel sites
campgrounds
passenger trains
buses
taxis
limousines
ferries
toll bridges
highways
parking lots
garages
SOURCE: https://www.chase.com/personal/credit-cards/rewards-category-faq
CHASE SAPPHIRE PREFERRED BENEFITS
- Points Boost: Worth 25% more toward travel via the Chase travel portal
- Points Transfers: 1:1 transfer to Chase travel partners
- DashPass by DoorDash for 1 year
- Lyft: Earn 5X points thru March 2022
- No Foreign Transaction Fees (FTFs)
- Insurance coverages, including: Trip Cancellation / Interruption Insurance, Auto Rental Collision Damage Waiver, Baggage Delay Insurance, Trip Delay Reimbursement, Travel & Emergency Assistance Services, Purchase Protection, and Extended Warranty Protection.
GOOD TO KNOW / APPLICATION RULES
- Subject to Sapphire Family Rule: Can have 1 Sapphire Family card at a time (e.g. EITHER Sapphire Preferred OR Sapphire Reserve)
- Subject to 1/48 Rule: 1 Sapphire Family bonus every 48 months
- Subject to Chase 5/24 Rule: Auto denial if you’ve opened 5+ cards w/ any issuer in past 24 months
- Upgrade & downgrade: Upgrade to Sapphire Reserve ($550 AF) or downgrade to Freedom Family card ($0 AF) or no-fee Sapphire Card. Not eligible for welcome bonuses when doing this.
CREDIT CARD CATEGORIES
- Best travel credit cards
- Best travel credit cards for beginners
- Best travel credit card 2020
- How to travel for cheap
- How to travel the world for free credit cards 101
- Metal credit cards 2020
- Best metal credit cards 2020
OTHER CHASE CREDIT CARDS TO CONSIDER (For Chase credit card strategy)
- Chase Freedom Unlimited card
- Chase Freedom Flex card
- Chase Marriott Bonvoy Boundless card
- Chase Marriott Bonvoy Bold card
- World of Hyatt Credit Card
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
Never miss a video from Mark Reese // Credit & Finance
Subscribe to get notified when new content drops.