Please note: This promotion has ended
Here’s an interesting development. Up until now Chase has offered a 50,000 point sign-up bonus across the board on the Chase Sapphire Preferred card, regardless of which channel you sign up through. Interestingly it seems they’ve dropped the sign-up offer on some parts of their website to 40,000 points now, with the same requirement of spending $3,000 within the first three months of membership.
This is pretty interesting, since affiliate links (and some parts of Chase’s website) still offer 50,000 points after spending $3,000 within three months. I don’t think I’ve ever seen a credit card company offer a higher sign-up bonus through affiliate channels than they do directly.
Anyway, if you’ve been considering the Chase Sapphire Preferred card I’d jump on it as soon as possible. Logically I suspect this update means one of two things — the 40,000 point sign-up bonus is an error, or Chase plans on lowering the sign-up bonus to 40,000 points across the board (they can tell their affiliates to pull the links at any time with no advance notice, so it’s certainly a possibility). Or maybe they’re just taking a really, really whacky approach towards marketing these cards by instilling fear in the mind of consumers that have been on the fence about getting the card.
And there’s no reason to be on the fence about this card, as it’s my all around favorite travel card. In addition to the great sign-up bonus you earn double points on travel and dining, have no foreign transaction fees, and have some amazing airline and hotel partners you can transfer points to. You can read more about the card’s benefits here.