The Chase Sapphire Preferred currently has a 100,000 point offer (an even better offer of the 100K points, $50 in grocery credits, and annual fee waived the first year is available in-branch). It’s the best public offer the card has ever had – and now you can earn 20,000 points for each person you refer for this card!
Earn Referral Points on the 100K Chase Sapphire Preferred Offer
Until yesterday, the Chase Sapphire Preferred referral offer had the old offer (80,000 points + $50 grocery credit). I have been checking every day and found that it is now available with the current public offer of 100,000 points. Time to earn points for referring friends and family!
Step 1 – Chase Referral Page
Follow this Chase link – here – to start the process of generating your own Chase referral link. This will be what you need to give to friends and family to earn bonus points when they are approved.
Next, you need to enter your last name, the billing zip code, and the last 4 digits of your Chase Sapphire Preferred. This will generate your personal referral link.
Now that you have your link, you can share it over e-mail, social media, text message – anything! You will earn 20,000 Chase Ultimate Reward points for each person that is approved using your link. The cap is 75,000 points in a calendar year.
In turn, the person that applies through your link will receive 100,000 Chase Ultimate Reward points after they spend $4,000 in the first 3 months.
There is a handy graphic at the bottom of the referral page to show you how many referrals you have already received! Use this to keep up with it and this way, if you have another person in your family with the same card, you can switch to their referral if you max out yours. Note that authorized users do not receive referral points.
Step 3 – Taxes!
If you receive more than $550 worth of points from Chase in a year due to referrals (Chase counts them at 1 cent per point), you will receive a 1099 for this tax year, next year. So, be on the lookout for that! If you reach the cap, you will receive a 1099 for $750 (if they continue to value it as in years past).