CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Updated February 22, 2018

Chase Sapphire Preferred Referral

Editorial Note: This content is not provided by the card issuer. Opinions expressed here are author's alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.
This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

You can earn up to 50,000 bonus points per year by referring Chase Sapphire Preferred to friends. Read on to learn how it works.

© CreditDonkey

Chase Sapphire Preferred
Apply for Chase Sapphire Preferred Card
With a huge sign-up bonus and good reward structure, the Chase Sapphire Preferred lets travelers rack up points fast. There is also a way to earn points fast without spending anything.

By taking advantage of the Chase Refer-A-Friend program, you can earn as many as 50,000 extra points per year.

Read on to learn how it works.

How Chase Sapphire Preferred Works

Chase Sapphire Preferred is a great travel rewards card for frequent, midrange travelers. It offers a good sign-up bonus and some valuable redemption options. Here are the basics:

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

In addition to these, there's also a Refer-A-Friend program that lets you earn even more points.

How to Earn Referral Bonuses

Chase offers bonus points to users who refer their friends to apply for Chase cards. For each person who uses your referral link to apply for the Preferred—and who is approved—you'll be awarded 10,000 bonus points. You can earn up to 50,000 bonus points per year.

Here's how it works:

  • Sign up for the Refer-A-Friend program: You'll have to enter your last name, zip code, and the last 4 digits of your card. Then, you'll receive your unique referral link.

  • Send or share your referral link: You can refer anyone to apply for the Sapphire Preferred—friends, family, and spouses included. When you receive your link, you can send it directly to one person, or share it over social media for a broader reach.

    Keep in mind that your referral link will direct applicants to the Preferred. If they apply for a different Chase card, you won't get a referral bonus.

  • Wait for your rewards: Your friend will have to be approved for the Preferred in order for you to earn bonus points. After that, your 10,000 bonus points should appear in your Ultimate Rewards account within 8 weeks.

  • Earn up to 50,000 bonus points per year: You can earn a total of 50,000 points in referral bonuses per year. That's just 5 friends you need to recruit. That's worth up to $625 toward travel booked through Ultimate Rewards.

Redeeming Ultimate Rewards Points

The Preferred's best redemption options is towards travel. You have these options:

Each 10,000-point referral bonus would be worth $125 toward travel through Ultimate Rewards. Or, you could transfer them to an airline or hotel partner—such as United, Southwest, Virgin Atlantic, British Airways, or Marriott - to stretch them even further.

You can also redeem your points for gift cards or cash back at a value of 1 cent per point. Each 10,000-point referral bonus would be worth $100 cash.

Tip: Even as few as 10,000 points can be enough to book a one-way flight with some of Chase's airline partners. For more info, check out our full review of Chase's airline and hotel transfer partners.

Common Questions

  • If I refer someone who isn't approved for the card, does that count as one of my 5 referrals per year?
    In short: no. You're not limited by a number of referrals, but by the number of referral points you earn. So, if someone you referred isn't approved for the card, you won't earn any bonus points or be any closer to reaching your annual limit.

  • Can I refer my own authorized user to apply for the Sapphire Preferred?
    Yes. Even if an applicant is an authorized user on another Sapphire Preferred account, they can still apply for their own card and be eligible for its sign-up bonus.

  • How long should it take to receive my bonus?
    This depends, in part, on how long it takes for your referral to be approved. After that, Chase allows that it can take up to 8 weeks for your bonus points to appear in your Ultimate Rewards account.

The Bottom Line

Chase Sapphire Preferred Card
Apply for Chase Sapphire Preferred Card
At Chase's Secure Site
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
17.74% - 24.74% Variable
$0 Intro for the First Year, then $95

This is a pretty straightforward program. It's definitely worth taking advantage of if you have friends looking for a new card. Throw in the bonus points new cardholders could earn, and it's a win-win.

Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on January 30, 2018. This content may have been updated on February 22, 2018. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check Chase website for updated information.

More from CreditDonkey:


Chase Sapphire Preferred Review


Chase Sapphire Rewards


Chase Sapphire Preferred Credit Score

More Articles in Money Tips

Chase Sapphire Preferred Card
Apply for Chase Sapphire Preferred Card
At Chase's Secure Site
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
17.74% - 24.74% Variable
$0 Intro for the First Year, then $95

Compare Chase Sapphire Preferred to:

Compare Chase Sapphire Preferred vs Capital One Venture

Capital One® Venture® Rewards Credit Card

Compare Chase Sapphire Preferred vs Chase Sapphire Reserve

Chase Sapphire Reserve®

Compare Chase Sapphire Preferred vs American Express Gold Card

American Express® Gold Card


Chase Sapphire Reserve Review

An ultra premium travel credit card has arrived: the Chase Sapphire Reserve. Is it worth the $450 annual fee? Read this review to decide.

    Beginner's Guide to Airline Miles and Points

    Learn how airline miles work and 10 steps that you should follow to start collecting travel rewards. Before long, you'll be well on your way to redeeming miles for free flights and hotel rooms.

    Hotel Rewards

    The sign-up bonuses for hotel rewards credit cards can be tempting, but is a hotel card right for you?

    Study: Credit Cards for International Travel

    The best credit cards for international travel have no foreign transaction fees, chip technology and worldwide acceptance. But what's the right travel card for you?

    Airline Rewards

    The best airline credit card racks up miles fast with reasonable fees and amazing rewards.

    Travel Rewards

    Looking for a new travel credit card?

    Foreign Transaction Fee: What to Know Before You Travel Abroad

    Before you go on a trip overseas, be sure you have a credit card with no foreign transaction fees. Read on to learn how to save money on international travel.

    Credit Card Deals

    Applying for a card with a bonus or an introductory offer can be a great way to get a head start on earning rewards or to get a handle on your debt.

    Credit Card Bonus Offers

    Take advantage of credit card bonuses for new customers, including bonus cash, reward points, and airline miles.

    Dining Rewards

    If you're usually eating out rather than slaving over a hot stove at home, make a point of using a rewards credit card every time you pick up the tab and save up some serious cash.

    Best Credit Cards

    Here are the CreditDonkey picks for "Best Credit Cards" from our partners in the following categories ...

    Credit Card Rewards

    So you've decided you want to earn rewards for your spending but aren’t sure how to pick the right card?

    Credit Card Deals for People with Excellent Credit

    If you have excellent credit, now is the time to take advantage of it.

    No Foreign Transaction Fee Credit Cards

    Most credit cards tack on a 3% charge, or foreign transaction fee, on purchases made outside the United States. If you travel internationally with a no foreign transaction fee credit card, you'll save money on your purchases.

    Study: Hotel Credit Cards for Free Nights

    Must-read list of hotel credit card promotions. Check out this essential list of credit card offers before your next hotel stay.

    Study: Credit Card for European Travel

    Traveling to Europe? Look for a card with chip technology and no foreign transaction fees. Here are our favorite cards for international travel.

    Best Credit Card for First-Time Applicants

    Learn how to get a credit card for the first time. Read this guide to find out which cards are the best and how to avoid common mistakes beginners make.

    Best Chase Ultimate Rewards Transfer Partners

    Find the best way to use each Chase transfer partner. Read this to maximize the value of your Ultimate Rewards points.

    23 Best Ways to Use Chase Ultimate Rewards

    Redeem Chase Ultimate Rewards points for the most value. This guide highlights some of the best redemption opportunities with Chase points and airline transfer partners.
    B737

    How to Earn United Miles Fast

    You don't need to fly a lot to earn a TON of United miles. Read on for 15+ smart ways to earn United miles fast.

    14 Best Ways to Use United Miles

    Redeem United MileagePlus miles for the most value. This guide highlights some of the best award redemption opportunities with United miles.
More Articles in Money Tips

Learn more about Travel, Airline and Hotel cards:

Credit Cards for International Travel


Airline Miles for Beginners


Hotel













About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.