The number one way I stretch our Disney World travel budget is by leveraging points and miles I earn through credit card use.
Right now one of my favorite cards for earning free travel is offering it’s highest ever bonus so it’s a great time to dive in.
Here’s everything you need to know about how you can earn over $1,000 for your Disney World vacation with the Chase Sapphire Preferred card!
How Does Free Travel With Points Work?
Credit card companies are eager for your business so they offer “sign up bonuses” to encourage customers to open a new card.
These sign up bonuses are an easy way to earn free travel with points by just using the card for your every day spending and paying it off.
I’ve earned over $20,000 in free flights, hotels and more from my points and miles hobby, so we aren’t talking chump change here!
I also don’t carry a balance from month to month (the credit card companies hate me).
The current Chase Sapphire Preferred Visa (this is my referral link) bonus is worth up to $1300 in free travel, just for opening the card and paying the $95 annual fee.
You’ll also get:
- One year of free DoorDash membership
- $60 Peloton membership credit
I’ll show you how this process works in this post, but I have to mention that I don’t suggest using credit cards to earn points and miles unless you have a solid history of using credit responsibly.
If it would be hard for you to control your spending with credit cards and you would be prone to carrying a balance on these cards, then this isn’t the right pursuit for you.
How Do I Earn These Points?
Here’s how to earn the 100k point sign up bonus with the Chase Sapphire Preferred card.
First, you won’t be approved for this Chase card if you have opened more than four new credit cards in the past twenty four months.
This is called Chase’s “5/24 rule” and you can read about it here.
If you have a good credit score (700+) and are under the 5/24 rule you will likely be approved for the card.
You can expect to receive your card in the mail after about a week. You will be charged the $95 annual fee during the first month’s statement.
In order to receive your 100k bonus, you have to meet a minimum spending requirement of $4,000 in the first three months of having the card.
I can easily do this by using the card for these purchases:
- Any travel expenses for an upcoming trip
After you’ve met the $4k requirement, your sign up bonus points will be deposited into your Chase Ultimate Rewards account soon thereafter.
How To Redeem Your Points
The easiest way to redeem your points is for cash back in the form of a statement credit.
After meeting the minimum spend you’ll have 104,000 points which you can redeem for $1,040 in statement credit.
This essentially “erases” $1,040 from your balance.
You can also have the money deposited into your checking account if you’ve already paid off your balance!
You could use your statement credit on discounted Disney World theme park tickets from Undercover Tourist.
Or you can take advantage of a 25% bonus when you book through the Chase Ultimate Rewards travel portal and get $1,300 worth of free travel.
Unfortunately, Disney World resorts are very difficult to find in the Chase Ultimate Rewards portal.
But you can book lots of off-property resorts and condos as well as your flights to/from Disney World.
It would be very easy to buy flights and hotel for your family vacation entirely with the points you earn from this card bonus.
A third option for redeeming your points is to transfer them to a travel partner.
You can transfer the points 1:1 to many airlines and three hotel partners (Marriott, Hyatt, and IHG).
If you want to fly to Orlando on Southwest, transferring your points into Rapid Rewards account is a great way to stretch your points!
I hope this post answered your questions about using the Chase Sapphire Preferred Visa signup bonus for your Disney World vacation.
Any questions? Leave a comment below! And be sure to visit The Budget Mouse Facebook group for answers to your other Disney vacation planning questions.