Chase Sapphire Preferred’s 100K bonus isn’t long. How do I use it?
Chase Sapphire Preferred has a limited time welcome bonus that will help you save on your trip this year.
I am considering opportunities to save money on trips worth my time. So when? Chase SapphirePreferred® Card*There is a boost bonus, I notice.
It’s already one of my favorites Travel credit cardsand now you can earn 100,000 Chase Ultimate Rewards points after spending $5,000 within the first three months of opening an account.
Typically, this card offers a 60,000 points welcome bonus if you spend $4,000 within the first three months. So yes, you’ll need to spend an extra $1,000 to earn extra points, but you can also save more when booking flights and hotels with tracking using points.
We don’t recommend sleeping with this offer, as these boosted chases welcome bonus offers usually last only a few months. We’ll explain how to determine if your card is right for you and provide tips on how to maximize your revenue on this year’s trip.
How to use Chase Sapphire’s Hopeful Welcome Bonus
CSP is my favorite low Annual Travel Card. Beyond the welcome bonus, I love travel perks on my card, such as travel cancellations and interruption insurance. I have had the card for about two years and saved me a lot of money on flights and hotels, especially when I got the welcoming bonus.
I’ll chase new things Welcome bonus Personally, I’ve heard of Chase’s 48-month rules. If you earn a welcome bonus with your Chase Sapphire card in the past four years, you will not be able to qualify for the new bonus.
Chase points are usually rated at 1 cent per point, but redeeming them on the Chase Travel Portal gives you more value. This creates 100,000 bonus points worth $1,250.
Over and I use points for flight. Let’s say you wanted to make a reservation Round-trip economy tickets From Charlotte, North Carolina to New York City (June 4th to June 8th) for a family of four. Booking the Chase Travel portal costs around $1,016. So there will be enough points to cover the cost of air tickets for the whole family.
You can also book hotels, cars and cruises with a boosted reward rate.
Make sure to look for trades and other redemption options before booking through the Chase Travel portal. Chase has Airline and hotel partners Transferring points will provide you with a higher redemption rate. You can earn the most through your Transfer Partners, but you can earn additional redemption value when booking your Chase portal.
Other ways to redeem your Chase Credit Card offer
If you don’t have any future trips, there are other redemption options, but they are lower. For example, you could redeem 1 cent per point for a $1,000 statement credit to lower your credit card balance.
Chase also has a Pay Yourself back program, which allows you to use your rewards for statement credits on purchases from selected categories at a rate of 1.25% per point. However, this offer is only available to certain charities.
Conclusion
If you are considering prioritizing Chase Sapphire, take a look at the other features of the card first. Since welcome bonuses are usually a one-time transaction, you need to make sure your card is worth more than the bonus rewards, and you can earn enough rewards on your regular spend to offset the $95 annual fee.
Most importantly, don’t earn any debts that attempt to earn credit card rewards. The average credit card interest rate is Over 20%therefore the value you get from the reward will be wiped out by the interest you earn and leave you in debt.
CSP is the go-to for CNET Credit Card Editor Evan Zimmer’s travel, but if you have a card that will help you make more money with your daily spending, then American Express Blue Cash Preferred® Card You can earn 6% cashback per year at US supermarkets, $6,000 (after 1%), and 6% on select streaming services. Cashback is received as a statement credit or in the form of reward dollars that can be redeemed at Amazon.com checkout.
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Terms apply to American Express profits and offers. Registration may be required for American Express selection and offers. For more information, please visit AmericanExpress.com.
Click here for charges and fees for the Blue Cash Priority Card from AmericanExpress here.
*All information about Chase Sapphire Priority Cards is collected independently by CNET and not reviewed by the issuer.
Corrected, 12:45pm PT: This story first showed the incorrect number of amounts that Chase should spend after the first three months after opening the card. That number is $5,000.