There’s a pretty great deal out there right now and, since we’ve learned that it is ending soon, we wanted to make sure you knew about it.
The credit card is the Chase Sapphire Preferred®.
It just so happens to be our absolute favorite starter card for those who are new to credit card rewards. They earn Chase Ultimate Rewards points, which can be spent in the Chase Ultimate Rewards portal for air, hotels, cruises and car rentals, or they can be transferred to over a dozen airline and hotel partners like Hyatt and United Airlines.
For the last few weeks, Chase has been running an increased offer on the bonus available to new applicants. If you’re approved, you’ll receive 80,000 Chase Ultimate Rewards points when you spend $4,000 within 3 months (up from a standard bonus of 60,000 points).
If you redeem through the Chase travel portal, all points are worth 1.25 cents, so 80,000 points would be worth $1,000 in free travel.
If you redeem by transferring to airline and hotel partners, the value can be much, much higher.
We could go on and on about why the card is great in its own right, but right now we just wanted to make sure you didn’t miss this deal. The offer is set to expire on Thursday May 25th, at 9am ET.
You can learn more about the Chase Sapphire Preferred and how to apply right here.
(Note: if you currently have the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® Card, or if you have received a signup bonus on either card in the last 48 months, you will not be eligible for this bonus offer.)