MyCardBlog

Recently, there is essentially no news for credit card sing-up bonus. Most credit card issuers retract their offers and it is very rare to see huge sign-up bonus. Remember that it is not uncommon to get $250 bonus for getting a new credit card two years ago. Right now, Chase is offering $250 bonus gift cards for applying and getting approved for the new Chase Sapphire Preferred Card.

The link to this promotion can be found at the Chase Sapphire Preferred Card website: http://www.chasesapphire.com/chase-sapphire-preferred/. This is a new credit card that Chase launched very recently. Here is another similar credit card named Chase Sapphire Card which only offer $100 bonus.

The rule for this promotion:

25,000 points after first purchase

You will receive 25,000 bonus points with this bonus offer, which can be redeemed for a round trip ticket on most major airlines up to a $312.50 value. Ticket value exceeding $312.50 can be charged to your new card. A service fee of up to $20 per ticket may be charged for the use of our toll-free number to book or change airline itineraries. Redemptions made online do not have a service fee. Cardmember is responsible for any airline or government-imposed fees. You will qualify for and receive your bonus after your first purchase/first use of the card. First purchase/first use includes purchases, balance transfers, or any checks that are used to access your account, and excludes cash advances. After qualifying, please allow 6 to 8 weeks for bonus points to post to your account. This one-time bonus offer is valid only for first-time cardmembers with new accounts. Existing cardmembers/accounts are not eligible for this bonus offer.

Rewards program of this card:

You will earn 1 point for each $1 of net purchases. You will earn an additional 1 point for each $1 of eligible airfare net purchases made online through the program booking tool. As a one-time bonus Annually, once you exceed $50,000 in net purchases you will receive 10,000 bonus points.

And you can get up to 10 bonus points when you shop the Ultimate Rewards Mall.

There is not pre-set spending limit of this card. The first year annual fee is waived after that there is a $95 annual fee.

You can also switch to the Chase Sapphire Card from other Chase Credit Cards (not partner cards, call1-800-493-3319). But upgrade accounts are not eligible for 25,000 bonus points after first purchase offer.

What you get after first purchase is 25,000 bonus points which can be redeemed for a $250 gift card.

There is not good news in the credit card market in the past one month. It seems that all credit card issuers have terminated their promotions under current economic situation. You will see more credit card promotions in the near future as the situation gets better now. I mentioned in my previous posts that Chase Sony Card always runs 1 promotion each year. And now it comes! You have a great chance to earn 5,000 bonus points for using your Chase Sony Card in July and August. Since the new PlayStation Card is a sister card of the Sony Card, the PlayStation Card members can also earn the 5,000 points.

Here is the details about this promotion:

1. Go to www.sony.com/sonycard/summer2009 or www.sony.com/playstationcard/summer2009.

2. After log in with your Chase Card, you will need a coupon code to enroll your card. The code is: SCSummer09 (PSSummer09 for PlayStation Card).

3. Use your card for everyday purchases from July 1, 2009 through August 31, 2009. You need to spend over 1.5K to get 5,000 bonus points.

Following is the message after I  enroll my Sony Card:

You’re now enrolled in the Sony Card Summer Bonus Points Offer.

Remember, you need to spend $1,500 or more on your Sony Card between July 1, 2009 and August 31, 2009 to receive your 5,000 bonus points.

Thanks for participating and being a loyal Sony Card member!

The email indicates  that only the people who receive the invitation email are eligible for the promotion but I personally think everyone is eligible since the link and code are universal. And Sony always runs similar promotions which are open to everyone.

Good LUCK and enjoy the summer!