Let’s talk about the Chase Sapphire Preferred® Card. It’s long been one of the strongest picks when it comes to credit cards with solid perks. Not long ago, a fresh sign-up offer dropped, and it’s right up there with the best we’ve seen. If you’re eligible, now’s a smart time to go for it. We’re flagging it again since there’s no telling how long it’ll be available.
Here’s what’s new with the Chase Sapphire Preferred bonus
Right now, the Chase Sapphire Preferred® Card gives you 100,000 Ultimate Rewards points after you spend $5,000 in the first three months.
If you’re holding this card, you can put those points toward travel through Chase’s portal at a minimum rate of 1.25 cents per point. That adds up to at least $1,250 in travel value. But when we look at other ways you can use them, we think those points could be worth closer to $1,700—if you play it right.
Compare that to the old offer of 60,000 points, and yeah, this one’s clearly a big jump.
Who Can Grab the Chase Sapphire Preferred Bonus?
You’re in the running for the Chase Sapphire Preferred if both of these apply:
- You don’t already have a Chase Sapphire card—doesn’t matter if it’s Preferred or Reserve.
- You haven’t picked up a new cardmember bonus from either Sapphire card in the last four years.
This only counts if you’re the main cardholder. If you’ve just been an authorized user, you’re still good to go. Just don’t forget Chase has its own set of rules for applications, including the 5/24 guideline. That one limits approvals if you’ve opened five or more cards in the past two years, though lately there’s been talk of people getting through anyway.
Why We Think Chase Sapphire Preferred Delivers
At $95 a year, this card offers a strong mix of perks without tipping into premium territory. Here’s what stands out:
- You get 5x points when booking travel through Chase, 3x on restaurants, streaming, and online grocery buys (as long as it’s not Walmart, Target, or a wholesale club), 2x on general travel, and 1x on everything else. Plus, you score a 10% bonus on points every year.
- Travel protection is solid—covers things like flight delays, lost luggage, rental car accidents, and more.
- It works great as your central Chase card, letting you stack benefits across their lineup.
- The points are flexible. You can transfer them to airline or hotel partners, or use them through Chase’s travel site where each point gets you 1.25 cents in value.
- You also get a $50 credit every cardmember year for hotel bookings made through the Chase portal.
Why This Offer Stands Out
Right now, the Chase Sapphire Preferred comes with a strong sign-up offer—100,000 Ultimate Rewards points once you hit the required spend. At the very least, that can cover $1,250 in travel. Depending on how you use the points, especially with Chase’s partners, you could squeeze out quite a bit more.
We think this card strikes a great balance for a mid-tier option. If you’ve been thinking about applying, this moment lines up nicely. Offers like this don’t pop up often.
