To reiterate what others have said, the T&C I received via email on Jan 11, 2013 stated:
"Receive 80,000 bonus points. To qualify and receive your bonus, you must make purchases totaling $1,000 or more during the first 3 months from account opening. Purchases do not include using your account for balance transfers or cash advances, or using any checks that access your account. After qualifying, please allow 6 to 8 weeks for bonus points to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment. Chase may close your credit card account or suspend your right to use your credit card account, at any time for any reason, including account inactivity."
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