$4,000 Is the New Minimum Spending Requirement for Chase Sapphire Preferred

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The minimum spending on the Chase Sapphire Preferred card is increasing to $4,000.

4,000 Is The New Minimum Spending Requirement For Chase Sapphire Preferred

You’ll Have to Spend More to Get Your Sign-Up Bonus for the Chase Sapphire Preferred

Previously, you only had to spend $3,000 within 90 days to get 40,000 Chase Ultimate Rewards points.

Chase Sapphire Preferred

Link:   Chase Sapphire Preferred 

Link:   My Review of the Chase Sapphire Preferred card 

You can get 40,000 Chase Ultimate Rewards points on the Chase Sapphire Preferred card after spending $4,000 within 90 days.

With the Chase Sapphire Preferred you get:

  • 5,000 Chase Ultimate Rewards points when you make your 1st purchase and add an authorized user within 3 months 
  • 2X Chase Ultimate Rewards points on travel and dining
  • $95 annual fee waived the 1st year
  • NO foreign transaction fees

You can transfer Chase Ultimate Rewards points to airline and hotel partners, like United Airlines.

 Chase Ultimate Rewards Airline Transfer Partners 
British AirwaysFlying Blue (Air France/KLM)Korean Air
Singapore AirlinesSouthwestUnited Airlines
Virgin Atlantic
 Chase Ultimate Rewards Hotel Transfer Partners 
HyattIHGMarriott
Ritz-Carlton

Is Sapphire Preferred Still a Good Deal?

Yes!  While it’s not good news that the minimum spending has increased, the Sapphire Preferred is still 1 of my favorite cards for getting Big Travel with Small Money.

That’s because the Sapphire Preferred allows you to transfer your Chase Ultimate Rewards points earned with any card to partner airlines and hotels.

4,000 Is The New Minimum Spending Requirement For Chase Sapphire Preferred

There Are Many Ways to Meet the Minimum Spending Requirement to Get the Sign-Up Bonus

And I like being able to use this card overseas without being charged a foreign transaction fee.  I also use it for rental cars because you get primary rental car insurance and 2X Chase Ultimate Rewards points.

There are plenty of ways to meet minimum spending requirements to help you get the sign-up bonus.

Bottom Line

Previously, you received 40,000 Chase Ultimate Rewards points after spending $3,000 in the first 3 months.  But now you’ll have to spend $4,000 to get the sign-up bonus.

I still think the Chase Sapphire Preferred is a great card for Big Travel, so it’s worth the extra spending to get the bonus and perks.

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2 responses to “$4,000 Is the New Minimum Spending Requirement for Chase Sapphire Preferred

  1. Note that if you already have a Chase Sapphire Preferred card, you can go to the Chase Refer a Friend website and get your own referral link that will give you 5,000 Ultimate Rewards point if someone signs up for the card through you (up to 50,000 points total)

  2. I still have a link that requires only $3,000 spend, valid until 11/30 (Disclaimer: This is my referral link. I hope this helps someone. Thank you!) https://applynow.chase.com/FlexAppWeb/renderApp.do?PID=CFFD2&SPID=F9Y4&CELL=GSJ&MSC=1514826433 (ps: please disregard the previous link, it was erronous)