Look…
I pride myself on my points and miles skills, which have taken me far. But I’m not ashamed to admit when I’m wrong.
For example… two months ago, I said:
The Chase Sapphire Preferred® Card only increases its offer once every year, so now’s your last chance to get an elevated offer for a while.
As it turns out, THAT WAS WRONG.
For the first time ever, the Chase Sapphire Preferred® card has bestowed unto us a unique and very tasty welcome offer that combines points with cold, hard cash. 🤑
It’s… it’s… so beautiful 🥲
For a limited time, you can earn 60,000 Chase points and a $300 Chase Travelâ„ credit after spending $4,000 within the first three months of card holdership.
To be clear, they’ve kept the EXACT spending requirement but added a fat $300 Chase Travel credit to this card’s offer 🙌
We’ve raved for years about how this card is the best card for basically anyone, whether you’re a points and miles beginner or a veteran.
In fact, everyone on the Daily Drop team has had this card in their wallet, which we’re always using to transfer points to Chase’s many transfer partners 👇
Here’s why this offer is so appealing…
Earlier this year, the Chase Sapphire Preferred® Card offered 75,000 Chase points for signing up and meeting the minimum spend, which is 15,000 more points than now…
Those 15,000 extra points were actually worth $187.50 when booking travel through Chase (a value of 1.25 cents per point).
Thanks to the magic of arithmetic, it’s clear that this offer is significantly better, given the new $300 Chase Travel credit.
That credit can be used to book flights and hotels all over the world with ease.
A couple of free nights in Scotland, anyone?
Since the card only has a $95 annual fee, this credit also makes it a no-brainer to hold this card because it pays for the entire annual fee three times over 🎉
Don’t forget that the Chase Sapphire Preferred® Card also comes with an annual $50 hotel credit, too.
So here’s the bottom line:
We have been SO SPOILED by these welcome offers coming out—offering us a bunch of points and travel credits to make it easier than ever to justify applying for a new low-annual-fee card.
If you missed out on the offer last time around, today is your lucky day!
See you next time, folks. ✌️
-Mike
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