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A 5/24 Data Point on timing

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A 5/24 Data Point on timing

Unfamiliar with 5/24 read this. Otherwise, I’ll just go ahead and get into the story. I recently fell below 5/24, and by recently I mean June 1st. I’d heard through the grapevine that some people being referred by twitter to the Chase Ink Business Preferred were actually receiving 100k bonus points instead of 80k. The Chase Ink Business Preferred is restricted by 5/24 ( DOC has a great list.) Anecdotal evidence showed that the deal was potentially dead on June 1, but it wasn’t definitive, and I was feeling the itch for a new Chase card. Here’s my dilemma: it isn’t really settled when you fall under 5/24. Is it the day or the month that counts? If it was the day then I was good to go. If it was the month…I’d need to wait until July 1st to be assured I wouldn’t be rejected for too many opened cards. Ultimately, I decided the potential of getting 100k points and OBVIOUSLY giving ya’ll a 5/24 data point was worth the hard pull.

After a few phone calls to verify some information… I was approved. I applied the day after I fell under 5/24.

I called in to expedite my card and have yet to receive it physically, but was told over the phone I was approved. Hope this helps anyone who is facing a similar dilemma. Also…it looks like I was approved for the 80k offer – so if you were wondering if a secret 100k offer is being processed via twitter…it’s not looking like it.

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The Chase Sapphire Preferred is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based. 

Welcome Offer

60k Points after $4k spend in 3 months

80k offer in branch currently – I think this should be online soon

Annual Fee


Points Earned

Transferrable Chase Ultimate Rewards

Super solid welcome offer.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash , Ink Business Unlimited you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

  • 3x on dining
    •  including eligible delivery services for takeout
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
  • $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred® continues to redeem at 1.25c in the Chase Travel Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
  • Points are transferrable to 13 Ultimate Rewards partners
  • Redeem in the Chase Travel center for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Primary rental car coverage is my favorite

There is currently an 80k offer after $4k spend in 3 months available in branch, and up to 90k after $6k spend in 6 months. I suspect some version of this will be online soon if you don’t want the hassle of going into a branch.

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 60k is a very, very good offer. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back. .

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 


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