[Targeted Mail Offer] Chase Sapphire Preferred 90,000 Points Signup Bonus

The Offer

No direct link, sent out via mail

• Signup for the Chase Sapphire Preferred via referral link and get 90,000 points after $4,000 in spend within the first three months.

Card Details

• $95 annual fee, not waived
• No foreign transaction fees
• Primary car rental insurance
• $50 Annual Hotel Credit. (This is per cardmember year, rather than calendar year. Must be booked through the Chase Travel Portal.)
• Card earns at the following rates:
  • 5x on travel booked through the Chase Travel portal.
  • 3x on Dining/Streaming Services/online grocery (excludes: excluding Target, Walmart and
    wholesale clubs)
  • 2x on travel
  • 1x on all other purchases
  • 10% Anniversary point bonus. When you renew your card Chase will offer a 10% bonus spend. For example if you spend $25,000 you’d earn 2,500 bonus points.  This is award after the annual fee is paid. This doesn’t apply to the sign up bonus.
• Transferable points
• Redeem points on Chase’s travel portal at a value of 1.25¢ due to the 25% travel redemption bonus
• Not eligible if you’ve received a sign up bonus on the Sapphire Preferred/Reserve in the last 48 months (standard is now 48 months)
• Chase 5/24 rule applies to this card

Our Verdict

Better than the in branch offer of 85,000 points, but obviously requires getting the mailer.