Chase Sapphire Preferred® card wait or jump in now?

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Wow has there been a ton of discussion across the blogs over the (now expired 50k) Chase Sapphire Preferred® card. Both myself and my wife have the card and use the card and yes I have a link for it too in my Best Point Cards tab as well.

Will the current offer go down to 40,000 as many are speculating? It does seem that way. Now does that mean you will not be able to get some kind of link to work that will get you 50,000 points for weeks or months to come? Who knows. More than likely yes but these types are non “official” so YMMV and that is never fun to have a credit pull and risk maybe NOT getting the points you planned on.

So what is my take? Well this card is NOT a Delta card so who needs it! Just kidding. I do use my Chase Sapphire Preferred® card when I travel internationally as my DELTA RESERVE AMEX still charges foreign transaction fees for purchases (makes me just crazy btwl)and I am also still saving up my Ultimate Rewards points for a special redemption. Plus getting a 7% dividend on all points is just tops and that includes this 50k bonus deal so the grand total will be higher after a full year of having the card (they pay out the bonus in FEB give or take a few weeks).

If you do not have the Chase Sapphire Preferred® card yet and are looking at a round soon, the risk of losing out on 10k of UR points is something to think about. I sure don’t see a higher offer for this card any time soon! Other good ones to think about if you want ones with no 1st year fee are the 25k AMEX GOLD Membership Rewards or the SPG AMEX 25k card. And as always thanks for supporting the blog – Rene

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  1. I picked up Chase Sapphire Preferred, and foresee Delta usage for it. See I have an Amtrak card as well. You can transfer up to 25K points out of Amtrak per year, after $200 of Amtrak spend which is easy for me. So Chase->Amtrak->Delta at 1:1 gives me another 25K SkyMiles this year. I am trying to accumulate enough Delta balance for Round the World tickets.

  2. OK it appears I missed a step in previous comment. From checking WebFlyer’s mileage converter page, I cannot go directly from AGR to Delta. I have to bounce thru Choice Hotels as an intermediate step. Bu there is a way even if it’s slightly tedious.

  3. Rene, Wondering if you have the delta amex reserve card are you also able to participate in the Amex reward programs?

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