We often say the Chase Sapphire Preferred® Card is the best first credit card for those learning about the points and miles hobby. That's not because the card is a "beginner" card — quite the opposite. Many of us at TPG still have the Sapphire Preferred because it's integral to our travel rewards strategy.
Got the Chase Sapphire Preferred or Reserve? Refer your friends to earn 10,000 bonus points for each application
07.05.2024 - 22:17 / thepointsguy.com / Sapphire Reserve
There are limited-time elevated offers on the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® right now.
If you're an existing Sapphire Preferred or Reserve cardholder, you can earn 10,000 bonus points for every accepted applicant, up to 75,000 points in a calendar year. Those points are worth $205 per approved applicant, per our valuations. All you need to do is get your friends, family and coworkers to apply through your referral link.
As of this story's publication time, new cardholders can earn 75,000 Ultimate Rewards points after spending $4,000 within the first three months by applying for the Chase Sapphire Preferred or Chase Sapphire Reserve through a referral link.
Referral links with the 75,000 bonus can be created by visiting Chase's dedicated refer-a-friend page and inputting your last name, zip code, and last four digits of your Chase card.
The $95-per-year Chase Sapphire Preferred is one of the best — if not the best — travel rewards cards for beginners and experts alike. The sign-up bonus on the card has long been 60,000 points and was 100,000 bonus points some time ago. If you missed that offer, now is the time to apply for the card.
Meanwhile, the more premium Chase Sapphire Reserve has rarely seen a welcome offer of more than 60,000 bonus points. The card offers more traveled-related perks, including a flexible $300 travel credit, lounge access, and broadly defined categories for travel and dining to help you earn points faster.
Whether you get either card at 75,000 bonus points or not, there is incredible long-term value in having a Sapphire Preferred or Sapphire Reserve. With generous earning rates and the ability to redeem some of the most valuable points around, these cards can be keepers for the long haul.
Related: How to refer friends and earn points, miles or cash credits
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