Chase Sapphire Preferred Increased to 55K

chase sapphire preferred 55K

Update: Greg the Frequent Miler has confirmed that Chase Private Clients can get a 65K offer from their banker.

Chase has increased the bonus on the Sapphire Preferred from 45K to 55K after $4K in spend during the first three months plus adding an authorized user. The $95 annual fee is waived the first year.

The Offer

The 55K bonus is paid out as follows:

Earn 50,000 bonus points after you spend $4,000 on purchase in the first 3 months from account opening*

Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.*

The Chase Sapphire Preferred earns 2X on dining and travel and opens up the ability to transfer Ultimate Rewards points to travel partners. You cannot receive this bonus if you currently have the card or have received a bonus for it in the past 24 months.

You can find the application link on the Best Signup Offers page.

Churners?

Do note that Chase has been very strict with approvals for the Sapphire Preferred card lately for people who have applied for a lot of credit cards. Many people report being denied for having more than 5 new credit cards across all banks during the past 24 months.

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BFD
Guest
BFD

I have 6 in last 24 months, but 2 are business cards … does that matter?

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[…] special thank you goes out to Frequent Miler for posting about this new card […]

CalledToRequestNewOffer
Guest
CalledToRequestNewOffer

Has anyone successfully negotiated the increased bonus on an existing card? I received a sapphire card during the last few days of October. I called the number on the back of the card asking for the increased signup bonus. They said I first need to complete the required spending and then call to talk with marketing department and maybe then I would be given the extra 10k points. What has your experience been?

Andy
Guest
Andy

I have always had good luck when a public offer comes out very soon after a new application

washerdreyer
Guest
washerdreyer

When this site first posted about this offer being on the horizon, you also suggested that Chase Private Client customers would get an extra 10,000 UR (https://frequentmiler.boardingarea.com/2015/11/04/sapphire-preferred-55k-and-freedom-17-5k-offers-coming-soon/). Do you know if that’s the case? Thanks!

Greg The Frequent Miler
Admin

Yes, I confirmed this with a Chase Private Client banker. 60K + 5K for adding an authorized user.

KH
Guest
KH

Do you have any idea on how long this offer will last? Went in the bank today but the banker advised me to go for Freedom first due to short credit history. Would hate to miss this offer… Thanks!

BAF
Guest
BAF

Is it known how long the CSP 55K promotion lasts? Waiting for Costco to accept Visa to meet the 4000 in three months. THX!

Gary
Guest
Gary

Costco.com accepts Visa. You can buy Costco cash cards and use those to shop in Costco.

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