Probably the highest ever bonus offer we have ever seen for the Chase Sapphire Preferred credit card, 80,000 points ends Sunday. Wow! 80,000 Chase Ultimate Rewards points can be worth up to $1,000 in travel or right now, $925 in FREE groceries.
So who is eligible for this card? According to Chase, if you have never held a Sapphire credit card before, you are eligible OR if it's been at least 48 months since you have held a Sapphire credit card, you are eligible.
The fine details include a $95 annual fee which is not waived for the first year and $4,000 minimum spend in the first three months.
The Sapphire Preferred is one of my favorite travel cards because Ultimate Rewards points are so flexible. You can transfer them to dozens of airlines plus several hotel chains. You can also use them in the Chase travel portal with a 25% bonus. Through the end of the month, you can also pay yourself back by using the points at a 25% bonus to erase grocery purchases.
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