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Go here to see if you’re targeted
This is a really nice offer if you’re targeted- my Ink Business Preferred® qualified which is perfect for a travel purchase since I use it for much of my business travel. The big thing to pay attention to here is that the bonus must be a single purchase. Unlike other offers you may see which permit the spend requirement to be made over several purchases..this must be a single transaction . Also note that it must be made in advance…the “reserve now, pay later” options will NOT trigger this bonus.
In the terms it says that cardmemberss who have not purchased travel through Chase Travel since 8/15/22, and activate, can earn the bonus, and only one bonus per cardmember, whether you qualify on multiple cards or not.
Details on the 20k or 10k bonus – must be booked through Chase Travel™
- Go here to see if you’re targeted
- Book now through 1/31/25
- Travel must complete by 8/31/25
- Eligible cards
- Chase Freedom card, Chase Freedom Unlimited card, Chase Freedom Rise card, Chase Freedom Flex card, Chase Freedom Student card, Chase Ink Cash Card, Chase Ink Business Cash Card, Chase Ink Business Preferred Card, Chase Ink Business Unlimited Card, Chase Ink Plus Card, Chase Ink Business Premier Card, Chase Sapphire card, Chase Sapphire Preferred card, Chase Sapphire Reserve card.
- Bonus awarded once per cardmembers
The bonus is structured in two ways: 20k bonus points or 10k bonus points
- 20k bonus is awarded when a cardmember purchases
- a hotel stay
- 10k bonus is awarded when a cardmember purchases
- flights, car rentals, cruises, activities, or tours through Chase Travel.
Some have gotten $400 with 10k back – credit @aisha.zxy on Insta
Remember – CSP $50 Chase Travel credit
The Chase Sapphire Preferred® comes with an annual $50 credit in Chase Travel™ and I don’t know why this wouldn’t trigger that credit as well which would be a great stack.
What are 20k Ultimate Rewards worth?
I peg them around 2 cents – you can see my point valuation table here, so this is pretty close to getting $400 back on a $500 purchase ( obviously you own’t exactly hit $500, but it’s a great deal ). The 10k bonus is a bit easier to hit I would presume since it includes flights which could involve more than one ticket…and you’d earn your airline miles as well vs hotels where you wouldn’t. This could be an easier get for many people and still a rough 30-40% return on spend.
Will I use this offer?
I have every intention on utilizing this offer on a hotel, preferably one where I couldn’t earn points anyway like a fun staycation at a boutique luxury hotel, or a good deal on one when we travel to England over the Christmas.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
$300 Chase Travel℠ Credit + Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- $300 Chase Travel℠ Credit + Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
- That’s worth $750 when redeemed through Chase Travel℠. Plus, get up to $300 in statement credits on Chase Travel℠ purchases within your first year
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 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℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. 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.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
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.
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