Chase Sapphire Preferred Sign-Up Bonus: Soon to be 40,000 Points?

The Chase Sapphire Preferred card has had a long run offering a very lucrative 50,000 point sign up bonus, equivalent to $500 in statement credit, $625 towards airfare or hotel accomodations, 2 free plane tickets or 2-10 free hotel nights at a Hyatt property. That could soon be coming to a change, however.

As readers report, Chase is now advertising a sign up bonus of only 40,000 points for the card. Also, if you navigate through Chase’s website, in several places they now promote the 40,000 point bonus.

Could this be a sign of things to come? Time will tell, but if I were a betting man, I would wager that this is a change that will eventually (and probably soon) come to pass. For now, though, you can still get in on the 50,000 point bonus through these links.

Update 3/30: I’ve just received word that Chase will be updating the Chase Sapphire Preferred card offer next Tuesday, April 3. It seems highly likely that the current 50,000 point offer will only last until then.