Chase Sapphire Preferred 80K Sign-Up Bonus Now Available

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It’s been a while since the Chase Sapphire Preferred came with an 80K-point sign-up bonus, but the offer is officially back!

I believe it was last available in November 2020, so it really hasn’t been too long and to that end, appears to be cyclical, hopefully.

How to Get the Chase Sapphire Preferred 80K Offer

In order to access this public offer, simply sign in to your Chase account (assuming you have one) and navigate to “Just for you” or select “Credit cards” from the side menu.

From there you should see an offer for the 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

If not, make sure you have it set to “All Credit Cards” instead of just the featured cards or some other default category.

This offer seems to be available for just about any Chase customer, but business card holders may need to change the credit card category to ALL before it pops up.

Those who aren’t existing Chase cardholders can simply use this link to access the 80,000-point offer. Pretty simple.

Chase Sapphire Preferred Now Comes with $50 in Grocery Store Credits

On top of the increased offer, which is normally just 60,000 bonus points, they’ve sweetened the deal by throwing in $50 in statement credits toward grocery store purchases made within your first year after account opening.

This means you can offset the $95 annual (which is not waived the first year) by simply purchasing groceries with the card.

I would assume everyone can benefit from this credit, so your annual fee is effectively $45 for a card that provides roughly $1,000 in value if you meet the minimum spending requirement. Not too shabby.

It might also be possible to get the annual fee waived the first year if you visit a bank branch, but you may want to call and confirm first before needlessly exposing yourself to others.

Personally, I just applied online in a few minutes to avoid the face-to-face interaction and any unnecessary time spent inside with other people.

Aside from the grocery store credit, the card earns 2X points on dining at restaurants, including eligible delivery services and takeout.

So it appears to be well-suited for those continuing to stay home due to COVID-19.

You also get 2X on travel, which isn’t very well-suited for our pandemic, but if you do happen to venture out, you get that benefit as well…

Am I Eligible for the Chase Sapphire Bonus?

Remember, Chase limits new Sapphire bonuses to those who don’t currently have any Sapphire card and haven’t received a new cardmember bonus for any Sapphire card in the past 48 months.

That means you can’t have a Chase Sapphire Reserve or Preferred card currently.

And your bonus must have cleared back in February 2017 (or around that time).

All the more reason to hit your minimum spend quickly since application date doesn’t mean much when it comes to eligibility.

In summary, I wouldn’t sleep on this offer if you’re eligible because it’s never been higher and there’s never any guarantee they’ll match it again in the future.

It’s also unclear how long this offer will last, but chances are it will be a limited engagement so act fast!

Tip: Jot down the date your Chase Sapphire bonus posts so you can keep track of when you can apply again in the future and snag another bonus.

(photo: Thomas Angermann)

By Colin Robertson

Colin created this blog after spending several years in a job that required him to scour credit reports on a daily basis. His goal is to help individuals better understand their credit and get the most out of credit cards.

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