Chase Sapphire Preferred Referral Bonus Drops to 60K

DannyDealGuru reports a significant change to the Chase Sapphire Preferred referral bonus. While previously offering a lucrative 100,000-point bonus, newly generated referral links now show a reduced welcome bonus of 60,000 points. This decrease follows the May 12th expiration date for the 100,000-point bonus on newly generated links, as previously announced. However, a glimmer of hope remains for those who had obtained referral links prior to the change. These older links, according to the report, are still displaying the full 100,000-point bonus. This means individuals possessing these older links can still share them to allow friends and family to receive the higher bonus while the referrer receives 10,000 points. The article emphasizes that this situation is temporary. The 100,000-point bonus is slated to expire completely online on May 15th and in Chase branches on May 17th. Even existing referral links are not guaranteed to persist beyond these dates. The article encourages readers to utilize any existing 100k referral links before they expire, highlighting the potential savings and benefits of securing the higher bonus. The potential risk is missing out on the 40,000-point difference if one relies on a newly generated link. There are no different types of referral links discussed beyond the old and new versions, both differing only in their bonus amounts. The article serves as a timely warning to those considering applying for the card via referral, urging them to act quickly to secure the higher bonus if possible. The core aspect discussed is the change in the referral bonus and the limited time frame for accessing the higher offer. The article uses the example of the 100,000 vs. 60,000 point bonus to illustrate the magnitude of the change.

(Source: https://dannydealguru.com/chase-sapphire-preferred-referrals-100k/)