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As I mentioned last week, the Chase Sapphire Preferred offer was to get updated a bit today. I encouraged folks to just hold their course and not rush to apply just because something might be changing today. The sign-up bonus already dropped earlier this year, so I didn’t believe that would be happening again right now. Thankfully that hunch was correct that the sign-up bonus held steady at 40,000 Ultimate Reward points that can transfer 1:1 to Hyatt, United, British Airways, Priority Club, Marriott, and more. However, the good news is that the amount required to trigger the 40,000 point sign-up bonus dropped from $3,000 in the first three months to $2,000 in the first three months. This puts it in line with the spending requirement on the American Express Premier Rewards Gold Card.
Application Link: Chase Sapphire Preferred
That is really good news given that we are typically seeing spending requirements increase as opposed to decrease. It may not be a huge difference, but every little bit can help when you are trying to maximize the number of miles and points you earn for every dollar you spend!
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