Chase is giving away $500 when you sign-up for the Sapphire Preferred Card and spend $3,000 in the first 3 months – plus, the card has no annual fee for the first year (a savings of $95).
This is enough to surprise a loved one with a weekend vacation, indulge yourself with a shopping spree, entertain your friends with a night of drinks, or enjoy a dinner for two at that nice restaurant you’ve always wanted to try.
Here’s how you get the $500 cash back reward.
1. Apply for the credit card.
See Card Details and Apply for the Chase Sapphire Preferred Card (secure application)
2. Once you’ve been approved, spend $3K within the first 3 months (just $1K a month) on anything (groceries, restaurants, gas, shopping, car repairs, cable – whatever you like).
Of course, Chase wants you to start using their card for all of your purchases, but that’s up to you. They figure, once you’ve spent $3K, you will be in the habit of using their card. If you use it long enough, they’ll earn back their $500 (and then some).
3. As soon as you spend $3K on the card, Chase will give you 50,000 reward points. You’ll see this on your credit card statement.
4. Go to Chase’s Ultimate Rewards site and select the cash back reward option to convert your 50,000 points into a $500 check that they’ll send you in the mail.
5. That’s it!
6. Sound good? Then apply for the Chase Sapphire Preferred credit card and be one step closer to your $500 cash back reward.
- $500 cash back reward
- No annual fee for the first year ($95 after that, unless you cancel the card)
- Available for a limited time
See Card Details and Apply for the Chase Sapphire Preferred Card (secure application)
