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If you’ve clicked onto an application page for the Chase Sapphire Preferred Card recently, you may have noticed that the line about 5,000 points for adding an authorized user was missing. Unfortunately, that wasn’t just a fluke: Chase has formally pulled this AU offer, so the most you’ll be able to earn from this card’s sign-up bonus is 50,000 points (after spending $4,000 in the first three months).
The loss of this opportunity to earn 5,000 Ultimate Rewards points shouldn’t dissuade you from applying if you were already interested in the Chase Sapphire Preferred, but considering that it’s free to add authorized users on this card — and that the AU simply had to make a purchase in the first three months to qualify for the bonus — this offer was an easy way to boost the value of the card’s sign-up bonus from $1,000 to $1,100 (based on our latest valuations).
The Sapphire Preferred isn’t the only Chase card to drop an authorized user bonus, either; the Chase Freedom and Chase Freedom Unlimited no longer come with any incentives for adding AUs. While it’s unclear whether authorized user bonuses are gone for good, the fact that they’ve been wiped from several Chase cards at the very least suggests they won’t be back anytime soon. That said, as of publish time, authorized user bonuses (after the AU makes a purchase in the first three months) are still available on the Chase-issued IHG Rewards Club Premier Credit Card and United Explorer Card, so co-brand cards appear to be in the clear for the time being.
Source: thepointsguy.com