Chase Targeting Freedom Cardholders with Free Upgrade to Sapphire Preferred
Chase is sending out emails to select Freedom cardholders with an offer to upgrade to Chase Sapphire Preferred for free.
Freedom cards have no annual fee, while the Sapphire Preferred has a $95 annual fee. But through this targeted offer, you can upgrade to the Sapphire Preferred and get a $95 statement credit after one purchase, or 10,000 Ultimate Rewards points. The latter is actually even better as 10K points are worth about $150.
The Chase Sapphire Preferred card gets a $50 Annual Ultimate Rewards Hotel Credit, 3x points on online grocery purchases, dining and streaming services and 10% anniversary points boost. Let me know if you are targeted.
Card Benefits
- Earn:
- 5x Points on travel purchased through Chase
- 3x Points on
- online grocery purchases (excluding Target, Walmart and wholesale clubs)
- dining
- select streaming services
- 2x Points on all other travel purchases
- 1x Point per dollar spent on all other purchases.
- $50 Annual Ultimate Rewards Hotel Credit
- 10% anniversary points boost
- Transfer 1:1 to the regular Ultimate Reward transfer partners
- 5x Points on Lyft Rides through March 2025.
- No Foreign Transaction Fees
- Pay Yourself Back (1.25¢ redemption for Ultimate Rewards points)
