Which Current Chase Sapphire Preferred Offer is the Best Deal: 55,000 or 45,000 Bonus Points

| Updated: June 13, 2017
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The answer to the title of this post may seem obvious at first, but I think there is some validity to the comments made in this FlyerTalk thread. After reading the thread, I realized that the 55,000 bonus point offer I jumped on last week may have been the short end of the stick.

Here’s why:

Last week Chase announced an increased offer of up to 55,000 bonus points on the Sapphire Preferred card after spending $3,000 in the first 3 months. Supposedly this was a limited time one day offer, but that was not the case and could have been rumor. The offer still seems to be around on the Chase website, but it may be targeted. I have opened Chase’s credit card page in two different browsers and in one the 45,000 offer appears while in the other I get the 55,000 offer.

This offer is still available on Chase’s website (although it may be targeted), making me wonder if this is the new main offer. If that is the case, then people who have signed up for the 40k offer with the $95 annual fee may have gotten the better deal. If the new card offer with the $125 annual fee is a new product, then you can get 40k bonus points and in the future apply and get the 50k bonus points.

There are several people that have posted on the thread that mention they have had the CSP Visa in the past and got the new card offer as a new product. Hopefully they will follow up about whether  or not they receive the new bonus after hitting the minimum spend.

On to why whether or not Chase considers these two card offers the same or different products; although no clear answers have emerged from the FlyerTalk thread, there are reports that Chase for the most part seems to be taking the “different product” stand when people have called in to ask if they are eligible for the bonus after previously having the $95 annual fee card. This goes for people attempting to get the increased bonus applied to a recently approved Sapphire Preferred card with the 40,000 bonus point offer as well.

This might be a “check and see” kind of deal if you are trying to double dip on both card offers. Conversely, if the 55,000 bonus point offer is the new standard offer then a good strategy would be to apply for the 45,000 offer for the $95 annual fee card in hopes that offer will not be around in the future and that you can also earn a new bonus with the “new product”. This strategy is a bit risky as there is no confirmation of Chase taking a stand of whether these two CSP offers are a “different product” or the “same product”.

All of this is purely speculation and only time will tell whether this is the case. As always, do your own research and if you are applying for the Chase Sapphire Preferred card soon, decide which route to go. In the end it may be a gamble, you can either lock in 55,000 points now or hope that you can get both offers in the future and earn 95,000 bonus points over time.

What do you think will happen with both offers? Is the 50k offer the new main CSP offer?

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