One of my favorites Travel Credit Cards is back with a stimulated welcome bonus which is more than 40,000 points, but you will have to spend more.
You can earn 100,000 Chase Ultimate award points after spending $ 5,000 in the first three months following the opening of the CHASE SAPPHIRE PRIVRÉDED * card. Usually the card offers a welcome bonus of 60,000 points when you spend $ 4,000 in the first three months. However, additional $ 1,000 expenses are worth the increased bonus and can save you more money when you book flights and hotels with Chase.
History tells us that Boosted Chase Welcome Home Lates only a few months, so I do not recommend waiting if you have looked at this card. If you are curious to know how rewarding the offer is, here is how I would spend it and advice to help you maximize travel income this year.
How I would pass the welcome bonus chase sapphire prefered
The CSP is my favorite travel card at low annual end. Beyond the welcome bonus, I love the travel advantages of the card, such as travel cancellation and interruption insurance. I have had the card for about two years, and it saved me a lot of money on flights and hotels – especially when I won the welcome bonus.
I would go after the new Welcome Bonus Myself, but I heard about the 48-month-old Chase rule. If you have won a welcome bonus on your Chase Sapphire card in the past four years, you cannot qualify for the new bonus.
Hunting points are generally evaluated at one hundred per point, but you will get more value if you exchange them in the Chase travel portal, where points get an increased rate of 1.25 cents. This would make these 100,000 bonus points worth $ 1,250.
From a distance, I would use the points towards the flights. Let’s say I wanted to book Round-trip economy tickets For my family of four people from Charlotte, in North Carolina, in New York (June 4 to June 8). If I reserve the Chase Travel portal, it would cost about $ 1,016. So I would have enough points to cover the cost of plane tickets for my whole family.
You can also book hotels, rental cars and cruises at the rate of boosted awards.
Before booking via the Chase Travel portal, be sure to search for offers and other buyout options. Chase a Airlines and hotel partners which offer higher buyout rates if you transfer your points. You can earn the most via transfer partners, but you can always get an additional buyout value when booking via the Chase portal.
Other ways to buy the chase credit card offer
If you do not have to come to come, there are other buyout options but with a lower value. For example, you can exchange a penny per point to a credit of $ 1,000 to reduce the balance of your credit card.
Chase also offers a “Pay Yours Back” program which allows you to use your awards for purchase declaration credits in selected categories at a rate of 1.25% per point. However, this offer is only available for certain charities.
The bottom line
If you plan to make the Sapphire Chase preferred, see the other features of the card first. Welcome bonuses are generally a unique agreement, so you will have to make sure that the card is worth beyond bonus rewards and that you earn enough awards with your regular expenses to compensate for the annual costs of $ 95.
More importantly, do not accumulate a debt by trying to win credit card rewards. The average interest rate of the credit card is greater than 20%, so any value you get rewards would be destroyed by the interest you accumulate, leaving you in debt.
The CSP is the editor -in -chief of the Cnet Evan Zimmer credit card, the choice of travel, but if you prefer a card that helps you gain more on your daily expenses, the Blue Cash Preferred® card from American Express allows you to gain 6% money back to American supermarkets up to $ 6,000 per year (then 1%) and 6% on American streaming services.
(See prices and costs))
The terms apply to the advantages and offers of American Express. Registration may be necessary for certain advantages and offers of American Express. Visit Americanexpress.com to find out more.
For prices and costs of the favorite card of Blue Cash American Express, click here.
* All information on the favorite card Chase Sapphire was collected independently by CNET and were not examined by the issuer.
Correction, 12:45 pm: This story initially gave an incorrect figure for the amount that Chase requires to spend during the first three months after the opening of the card. This figure is $ 5,000.
