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Two of the most popular rewards credit cards, Chase Sapphire Preferred® and Chase Sapphire Reserve®, just increased their welcome bonus from 60,000 to 75,000 issues. This makes the bond worth $750 in cash, or even more if you redeem the issues for Array, for example. , depending on the card you choose, you can get up to $2,000 on plane on Iberia Airlines, which is enough for two round-trip flights from New York to Madrid, Spain.
For a limited time, new cardholders will earn 75,000 Chase Ultimate Rewards issues after spending $4,000 on purchases in the first 3 months on their newly opened Chase Sapphire Preferred® or Chase Sapphire Reserve® credit cards. This is an accumulation of 15,000 points over Chase’s previous welcome bonus offer.
The price of this compliment varies depending on how you use it. If you need Chase to write you a check, your bonus issues are priced at $0. 01 each, for a total of $750. Choose to redeem your emissions and the amount will increase to $900 with the Chase Sapphire Preferred Card, while it increases to $1,125 if you opt for the Chase Sapphire Reserve.
Chase’s 14 loyalty program partners, totaling 11 airlines and 3 hotel chains, can further increase the price of their bonus points. Like what:
Chase Sapphire Preferred® and Chase Sapphire Reserve® are travel-eligible credit cards. If you spend at least a moderate amount of time flying, in a hotel, or driving a rental car, your Chase Sapphire card is possibly worth it.
The generous benefits of this card and the flexible hassles of Chase Ultimate Rewards make it a wonderful offer for those who can use it. Users get a Priority Pass Select Airport Lounge membership ($469 retail price), a $300 annual credit that is applied to purchases each year, an additional 50% price when redeeming their rewards through Chase, payment credits for Global Entry or TSA PreCheck membership, and a generous array of insurance benefits.
Both cards also come with the benefits of DoorDash, Instacart, and Peloton.
First, you’ll be approved for any of those cards if:
Beyond that, you want the right smart credit to be approved, depending on the card.
These cards are not free; or have annual fees that don’t apply. That said, if you use your card enough, the welcome bonus and annual benefits can more than offset the $95 annual club payment for the Sapphire Preferred® card and the $550 payment for Sapphire Reserve. ®.
With interest rates ranging from 21. 49% to 29. 49%, neither card offers much price if you have a balance. Make sure you can pay the balance monthly before applying.
As our reviews indicate, if your credit is smart and you can pay off your monthly balance, the Chase Sapphire Preferred and Chase Sapphire Reserve credit cards offer an unusually attractive welcome bonus and an ongoing rewards program that deserves a look right now.
As with the maximum welcome bonus offers, this one is for new consumers only. People who recently own a Sapphire card or have earned a bonus within the last 4 years are not eligible. As with all credit cards, read the fine print and write down any restrictions that may apply to you.
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