Chase Sapphire Preferred’s new 100K welcome bonus is so good you won’t miss it. This is how I use it
Chase has announced an eye-catching welcome bonus ahead of her summer trip.
You can earn 100,000 Chase Ultimate Rewards points after spending $4,000 within the first 3 months of opening ChaseSapphirePreferred® Card*. This is 40,000 more than the typical 60,000 bonus on a card. There is no expiration date for the offer, but we don’t recommend waiting as Chase boosted welcome bonus offers are usually not lasting long.
Tax Software Transactions This Week
The transaction has been selected by the CNET Group Commerce team and may not be related to this article.
CSP is my favorite low Annual Travel Card. Beyond the welcome bonus, I love the $50 annual statement credit on my card when booking a hotel on the ChaseTravel℠ portal. I’ve had the card for about two years and saved me a lot of money on flights and hotels, especially when I got the welcome bonus.
If you are considering getting a travel card, here are some ways to maximize your 100,000 welcome bonus points and other rewards:
I preferred the 100,000 points welcome bonus for how I used the Chase Sapphire
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. However, I had the card for two years and used it responsibly, so I am chasing and waiting for a decision. Offers cannot be asked.
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 bonus
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.
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.
*All information about Chase Sapphire Priority Cards is collected independently by CNET and not reviewed by the issuer.