Chase Sapphire Preferred 60,000 Chase Ultimate Rewards points (worth ~$1,200 in travel) credit card sign-up bonus: the real math
Chase Sapphire Preferred pays 60,000 Chase Ultimate Rewards points (worth ~$1,200 in travel) on the Credit Card. Here is the requirement, the hold time, the effective return and what it works out to per hour ($3,261/hr).
The offer: Chase Sapphire Preferred is paying 60,000 Chase Ultimate Rewards points (worth ~$1,200 in travel) on the Credit Card.
What you have to do: Spend $5,000 on purchases within the first 3 months. Chase 5/24 rule applies (auto-denied if you have opened 5+ personal cards across any issuer in the last 24 months).
The numbers, before you spend an hour on it
| Measure | This offer | | --- | --- | | Payout | 60,000 Chase Ultimate Rewards points (worth ~$1,200 in travel) | | Money you have to park | None | | How long it sits still | No hold | | Effective annual return on that money | No capital tied up | | Your own time, roughly | 23 minutes | | What that works out to per hour | $3,261/hr | | Minimum to open | $95 annual fee | | Direct deposit needed | No | | When it pays | Points post 6 to 8 weeks after you hit the spend requirement |
Is it worth it
Yes, comfortably. Very few side hustles in America pay this well for an evening of paperwork.
Step by step
- Open Chase Sapphire Preferred through the link below and finish the application in one sitting.
- Fund the account with the minimum shown above.
- Leave it alone for the qualifying period so nothing claws the bonus back.
- Expect the payout: Points post 6 to 8 weeks after you hit the spend requirement. Put a reminder on your calendar.
Worth knowing: Ultimate Rewards partners: World of Hyatt, Marriott Bonvoy, IHG One, United, Southwest, Air Canada Aeroplan, Air France/KLM Flying Blue, British Airways Avios, Iberia Avios, Singapore KrisFlyer, Virgin Atlantic, Emirates Skywards, JetBlue TrueBlue. Redeem for 1.25 cents per point (cpp) via Chase Travel, or often 2.0+ cpp via partner transfers.
The honest part
The button below is my personal referral link, so I may get a bonus too when you sign up. It costs you nothing, and when the public offer pays more I say so instead. Link status at last check: live.
Full payout math, charts and state availability live on the Chase Sapphire Preferred bonus page.
This is not financial advice. Bonus terms change; read the bank's page before you apply.
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