frugalist
Lead Service Attendant
I was just approved for the Chase Sapphire Preferred credit card. I haven't seen it mentioned in the AU forum so I thought I would start a thread here.
This looks to be a very sweet deal for AGR members. It's a rewards card that offers a 25,000 point signon bonus after a $3000 spend in the first 3 months. It offers a 7% points dividend every year on all points earned. And the $85 annual fee is waived for the first year.
What makes this appealing to AGR members is that rewards points can be transferred for free on a 1:1 basis to a few travel partners. I sent an email to Chase asking them who those travel partners are. Here is the list they came back with:
- Amtrak
- British Airways
- Continental
- Marriott
- Priority Club
Points may be transferred in 1,000 point increments. So, after fulfilling the spending requirement, we'll have at least 28,000 points we can transfer to AGR. Or just leave in the Sapphire Preferred account to use on one of the other partners. Redemption opportunities appear to be quite flexible. I'm looking forward to using this card for a while to see how it actually performs out in the field.
Here's the link for the offer: http://getchasesapphire.com/preferred/25/?...C=Z25KA46530241
This looks to be a very sweet deal for AGR members. It's a rewards card that offers a 25,000 point signon bonus after a $3000 spend in the first 3 months. It offers a 7% points dividend every year on all points earned. And the $85 annual fee is waived for the first year.
What makes this appealing to AGR members is that rewards points can be transferred for free on a 1:1 basis to a few travel partners. I sent an email to Chase asking them who those travel partners are. Here is the list they came back with:
- Amtrak
- British Airways
- Continental
- Marriott
- Priority Club
Points may be transferred in 1,000 point increments. So, after fulfilling the spending requirement, we'll have at least 28,000 points we can transfer to AGR. Or just leave in the Sapphire Preferred account to use on one of the other partners. Redemption opportunities appear to be quite flexible. I'm looking forward to using this card for a while to see how it actually performs out in the field.
Here's the link for the offer: http://getchasesapphire.com/preferred/25/?...C=Z25KA46530241
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