Chase Lowers Spending Requirements To Earn 40,000 Points

It’s now a little bit easier to earn bonus points with the Chase Sapphire PreferredSM Card. Now, when you sign up for a new account you just have to spend $2,000 within your first 3 months (previously it was $3,000) and you’ll earn 40,000 bonus points. These points can be redeemed for $400 in statement credit or a flight that costs $500. Not a bad deal!

Beyond the sign up bonus, the card has a number of other great benefits like earning double points and no annual fee for the first year. The annual fee is normally $95, but the offer waives this for the first year. Another cool little fact is you after your first year of membership you will have the option to convert the card to the Chase Sapphire Card which does not carry an annual fee. This will allow you to take advantage of the bonus offer and still miss out on the annual fee down the road. There are some slight differences between the two card offers which you can check out below.

Chase Sapphire PreferredSM Card

  • Earn 40,000 bonus points after you spend $3,000 in the first 3 months - that's $500 toward travel rewards!
  • 2 points per dollar spent on travel and dining at restaurants & 1 point per dollar spent on all other purchases
  • Get 20% off airfare, hotels, car rentals and cruises when you redeem through Ultimate RewardsSM
  • No foreign transaction fees
  • Receive a 7% Annual Points Dividend on all new points earned on purchases - even on points already redeemed
  • 1:1 point transfer to participating frequent travel programs
  • Direct access to expert service advisors anytime
  • Introductory Annual Fee of $0 the first year, then $95

See the Chase Sapphire PreferredSM Card Review.

Chase SapphireSM Card

  • Earn 10,000 bonus points after you spend $500 in the first 3 months - that's $100 toward travel!
  • 2 points per dollar spent at restaurants & 1 point per dollar spent on all other purchases.
  • Points never expire and there are no limits on how many points you can earn
  • Redeem points for travel, gift cards, merchandise, cash back and more
  • Direct access to expert service advisors anytime
  • No annual fee!

See the Chase Sapphire Card Review.

About Michal Cheney

Michal Cheney is a personal finance blogger who writes for several top personal finance blogs, such as Dough Roller and Go Banking Rates. She enjoys writing about money management, getting out of debt and planning for retirement. Her practical approach encourages folks to get serious about their relationship with their money.
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