Update: This offer on the main page for the Sapphire Preferred Card no longer comes up for me, I just get the 40,000 point offer. Others may have different experiences in the comments.
Chase now has a bonus of 50,000 points after $3000 spend within 3 months for the Chase Sapphire Preferred Card.
In addition, they are offering 5000 points for adding an authorized user to the card and making a purchase within 3 months.
This is not my referral link, no credit to me, but it is the best current offer for the card. Now we know what Chase is doing to generate some excitement around the Sapphire Preferred card!
Interestingly the annual fee is $0 the first year, and $125 after that. So the annual fee is $30 higher on this version of the offer than on the 40,000 bonus point offer I mentioned earlier.
I’m in between meetings but will no doubt have more to say on this in the days ahead. In the meantime though I wanted to make sure everyone knew about the best current offer.
Update 4:54pm Eastern the offer no longer comes up for me. It reverts to the 40k bonus and shows the $95 annual fee after the first year.