0:25 Chase Sapphire Preferred 100,000 Offer
Direct Link$5,000 min spend in 3 months$95 annual fee (not waived first year)This is a higher than usual offerchase.com/referafriend10,000 points for each approval (capped at 100,000 per year)06:30 Sapphire Churning Restrictions
Eligible for welcome bonus if it has been >48 months since you last got a Sapphire welcome bonus (Preferred or Reserve)5/24 still applies: 5 credit card approvals in the past 24 months (from any bank)Can’t be approved for a Sapphire Preferred if you currently have a Sapphire card (recommend downgrading to Freedom and waiting a month before applying)If neither person has a Sapphire card, apply “head on” or through a referral from a friendThen refer P2Being an authorized user on a card doesn’t prevent getting the welcome bonusThis will leave you with > 210,000 Ultimate Rewards13:50 Ultimate Rewards: Value and Utility
Easy 1 cpp cashoutSapphire Preferred 1.25 of uplift for travel booked through Chase portalSapphire Reserve 1.5 cpp of uplift for travel booked through Chase portal (and a $300 per cardmember year travel credit)Transfer partners: Hyatt, United, Southwest, and morePoints can be co-mingled between householdInflation in the travel portal is very real. Prices for hotels and other activities get tough to compareFlights sometimes are pricing at a premium due to issues with fare classes and airlines wanting direct booking. It pays to do the math, because a poor redemption can tank the value of your earning, and points are not free. Cancellation terms not the same with Travel portal bookings vs. booking with miles sometimes. Pay Yourself Back: erase charges in specific categories at >1cpp.23:31 CSP/CSR Earning Strategy
Sign up Bonus aside, these two cards are relatively weak in earning. This creates a bit of an irony–they’re great cards to hold, but better in union with other UR earning cardsFreedoms for 5x categories, some chase Business cards also earn 5xOver time a stable of chase cards become importantPooling of points means that the earning of 5x points can then be moved to your sapphire and redeemed for travel at >1cpp5x at 1.25 = 6.25 cpp, 5x at 1.5 = 7.5 cpp. 28:47 United/Southwest: Opportunity Cost
For some people these cards are taking up slots and spend they want to use on Southwest or United CardsMight be best to get those cards first, holding them long term, then getting the CSP. Changes to southwest might make you consider Southwest cards, but be rational, how many trips a year do you actually take? The travel landscape changes fast, the flexibility of UR allow you to change with it. Southwest points do not. 31:38 Q2 2025 “Point Offer”
Targeted: Seeing increased uplift for United/Delta/Qatar premium cabin flights, and some (mostly nicer) hotelsSapphire Preferred 1.5-1.75 cppSapphire Reserve 1.75-2.25 cppUpgrading from Preferred to Reserve seemed to retain the same “amount” of targeted uplift (ie, was getting 1.5 cpp on Preferred, then got 1.75 cpp on upgraded Reserve)Might someone be targeted for this shortly after approval? Hard to say. More datapoints needed.