One of my favorites Travel cards Return again with a promoted welcome bonus that is 40,000 points higher, but you will have to spend more.
You can earn 100,000 Chase Ultimate rewards after spending $ 5,000 within the first three months of opening the Chase Sapphire Preferred®*. Usually, the card offers a 60,000 -point welcome bonus to spend $ 4,000 in the first three months. However, the additional $ 1,000 in expenses make the bonus promoted the penalty and can save more money when reserving flights and hotels with persecution.
The story tells us that the Welcome Bonus Offers of Chase Boosted only last a few months, so I do not recommend waiting if you have been looking at this card. If you are curious how gratifying it is the offer, this is how I would spend it and the tips to help you maximize travel profits this year.
How I would spend the Chase Sapphire’s favorite welcome bonus
The CSP is my favorite bass Annual Rate Travel Card. Beyond the welcome bonus, I love card trip advantages, such as cancellation and travel interruption insurance. I have had the card for approximately two years, and it has saved me a lot of money on flights and hotels, especially when I got the welcome bonus.
I would go after the new Welcome Bonus Myself, but I heard about the 48 -month rule of Chase. If you have won a welcome bonus on your Chase Sapphire card in the last four years, you cannot qualify for the new bonus.
The persecution points are generally valued in a penny by point, but will obtain more value if the exchange on the Chase’s travel portal, where the points obtain an increased rate of 1.25 cents. That would make those 100,000 bonus points for a value of $ 1,250.
Without a doubt, I would use the points towards the flights. Let’s say I wanted to book Round -back economy tickets For my family of four from Charlotte, North Carolina, to New York City (June 4 to June 8). If I reserve through the Chase Travel portal, it would cost around $ 1,016. So I would have enough points to cover the cost of plane tickets for my whole family.
You can also reserve hotels, rental cars and cruises to the driven rewards.
Before booking through the Chase Travel Portal, be sure to look for offers and other reimbursement options. Chase has Airlines and Hotels Partners that offer higher reimbursement rates if it transfers its points. You can win more through the transfer partners, but you can still obtain an additional redemption value when booking the Chase portal.
Other ways to exchange the Chase credit card offer
If you don’t have any next trip, there are other exchange options but with a lower value. For example, you can exchange a penny by point towards a $ 1,000 state loan to reduce your credit card balance.
Chase also has a “Page Yourself Back” program that allows you to use your rewards for declaration loans in purchases of selected categories at a rate of 1.25% by point. However, this offer is only available for select charities.
The final result
If you are considering preferring the Chase Sapphire, look at the other card functions first. Welcome bonds are usually a unique agreement, so it must ensure that the card is worthwhile beyond bond rewards and that they win enough rewards with their regular expenses to compensate for the annual rate of $ 95.
The most important thing does not accumulate the debt trying to win credit card rewards. The average credit card interest rate is More than 20%So any value you obtain from the rewards would be eliminated by the interests you accumulate, leaving it indebted.
The CSP is the CNET credit card editor, Evan Zimmer, the selection to travel, but if you prefer to have a card that helps you win more in your daily expenses, the American Express Blue Cash Cash It allows you to obtain a 6% cash refund in US supermarkets at $ 6,000 per year (then 1%) and 6% in selected transmission services.
(See rates and rates)
The terms apply to American Express benefits and offers. Registration may be required for the selected benefits and offers of American Express. Visit americanexpress.com for more information.
For the Rates and Rates of the American Express Blue Cash Cash, click here.
*All information about the Chase Sapphire preferred card has been independently collected by CNET and has not been reviewed by the issuer.
Correction, 12:45 pm PT: This story initially gave an incorrect figure for the amount that Chase requires that it happen in the first three months after opening the card. That figure is $ 5,000.
