Chase Sapphire Preferred 50,000 Point Credit Card Sign Up Bonus

I’m telling you, this is the best time to be a points junkie because the offers keep coming! Get 50,000 Ultimate Rewards points with the Chase Sapphire Preferred card.

Chase is showing no desire to slow down or cut back on their amazing bonuses!  After a successful British Airways promotion, they’re back with a zinger – 50,000 Ultimate Rewards points with the Chase Sapphire Preferred card.

Starting today, they are offering …

Chase Sapphire Preferred credit card 50,000 bonus Points

This card typically has a 25,000 sign up bonus.  If you don’t yet have the card, this is a great time to get it! Click here to apply now.

Here are the details:

1. Sign up and get approved for the Sapphire Preferred card.
2. Spend $3,000 in 3 months.
3. Get 50,000 Ultimate Rewards points.

Note: The first year annual fee for this card is waived (that’s a $95 savings).

What can you do with 50,000 Ultimate Rewards points?

1. Use it to buy travel through the Ultimate Rewards portal.  By doing this you get a 25% bonus so your sign up bonus points are worth $625 worth of travel.
2. Transfer points (1:1) to select airlines including United, British Airways, Southwest, and Korean Airlines.
3. Transfer points (1:1) to select hotel reward programs including Hyatt, Priority Club, and Marriott.
4. Transfer points to Amtrak.

I have a full review of the program here – Chase Sapphire + Sapphire Preferred Ultimate Rewards Value Analysis.

Some of the benefits to love about the program:

1. Flexibility. These points can be used to book travel or even just to buy gift cards.  They can even be transferred to Amtrak, British Airways, Continental, United, Southwest, Priority Club hotels, Hyatt, and Marriott.
2. They never expire (though you must remain a card member).
3. You get a 25% discount when you buy travel online.  Thus, your 50,000 points can get you $625 worth of travel.
4. Annual 7% points dividend. At the end of the year, your $3,000 spending, sign up bonus, and 7% dividend bonus will yield 56,710 points.
5. No foreign currency exchange fee.

If you’re just coming off a recent application to the British Airways 100,000 miles offer, here are a few rules of thumb.  If you have applications within a few weeks or months of each other, you’ll likely initially be declined for too many credit card applications.  However, if you have a solid credit score, just follow these tips for getting a Chase card approval.  The vast majority of people can have their application reconsidered and get approval.  There are some rumors that Chase will only allow 2 applications in a six month period, but this seems to be a myth if you have a good credit score.

Dan from Dan’s Deals claims he has seven active Chase cards.  I can personally confirm that you can get two cards within weeks of each other.

If you’re concerned about the minimum spend requirement then I suggest you review 10 Ways to Reach a Credit Card Minimum Spend Requirement.

My suggestion is to get the card, and then you can cancel it before you get charged the annual fee for the second year (if you’ve used the points).  Never done a credit card churn before?  Read Newbie FAQs About Credit Card Churning and Sign Up Bonuses.

This is a seriously sweet deal, and I’m not sure how long it’s going to be available. So get it as soon as you can.

Sign up for the Chase Sapphire Preferred credit card now.

If you’re not sure if this is the right move for you, check out my free credit card consultation where I’ll help you be sure you’re earning the right type of points for an upcoming vacation.

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4. Get 20-25% More Value Out of 50,000 Chase Sapphire Preferred Points
5. Chase Sapphire and Sapphire Preferred Ultimate Rewards Value Analysis