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$400 statement credit (40,000 bonus points) – Chase : Sapphire Preferred credit card, spend $3000 within 3 months; Exp. – unknown

By , October 28, 2014

Note: You can exchange 40,000 bonus points for a $400 statement credit. You will need to spend $3000 within 3 months to get the bonus. In addition to the bonus points, you will also earn 6000 regular points (=~$50 credit statement) if you spend those $3000 on travel or dining OR 3000 regular points if you spend $3000 on anything else. There is no annual fee during the first year.

Terms copied from card application page on 1/2/13, they may or may not be different now:

Earn 40,000 bonus points after you spend $3,000 in the first 3 months:
To qualify and receive your bonus, you must make purchases totaling $3,000 or more during the first 3 months from account opening. Purchases do not include using your account for balance transfers or cash advances, or using any checks that access your account. After qualifying, please allow 6 to 8 weeks for bonus points to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment. This one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

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