[Targeted] Chase Sapphire Preferred 55,000 + 50,000 Sign Up Bonus

The Offer

• Receive a sign up bonus of up to 105,000 Chase Ultimate Rewards points on the Chase Sapphire Preferred if you received this targeted promotion. Bonus is broken down as follows:
  • 50,000 bonus points after you spend $4,000 on purchases within the first 3 months
  • 5,000 bonus points for adding an authorized user and they make their first purchase
  • 50,000 bonus points after you spend $25,000 on purchases within the first year

Card & Offer Details

• Annual fee of $95 is waived for the first year
• Card earns at the following rates:
  • 2x points on dining at restaurants
  • 1x points on all other purchases
• Get 20% off travel when redeeming points for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards (basically making points worth 1.25¢ each)
• No foreign transaction fees
• Gives the ability to transfer all Chase Ultimate rewards points (including points earned on Chase Freedom, Chase Freedom Unlimited & Chase Ink Cash) to travel partners
• This is a targeted offer, only available if you receive the offer.

Our Verdict

Previous best recent targeted bonus was 55,000 + 25,000 bonus, so this is an extra 25,000 points. There is some datapoints to suggest that these targeted offers can bypass the 5/24 rule, but it’s by no means a guarantee. This is a pretty great offer (standard offer on this card seems to be 55,000 now, although sometimes only at 45,000 points), if you can meet the hefty $25,000 spend requirement. Before applying, make sure you read these things everybody should know about Chase credit cards.

Hat tip to US Credit Card Guide