The Chase Sapphire Preferred card is offering its highest public welcome bonus ever: 100,000 Ultimate Rewards points after meeting a minimum spend requirement. If you've been on the fence about this card, now's the time to pay attention.
This bonus blows past the card's typical 60,000 to 75,000-point offers, and it's not clear how long Chase will keep the bump in place. We always recommend applying sooner rather than later when a card hits a historic high.
The Offer Details
New cardholders can earn 100,000 bonus points after spending $5,000 on purchases within the first three months of account opening. Using our standard 2-cents-per-point valuation for Chase Ultimate Rewards, that bonus alone is worth roughly $2,000 in travel, and transfer partner redemptions can stretch it considerably further.
The card carries a $95 annual fee, which is modest compared to other travel rewards cards offering this level of upside. You'll also get:
- 5x points on travel booked through Chase Travel
- 3x points on dining, online groceries, gas, EV charging, and select streaming
- 2x points on all other travel worldwide
- No foreign transaction fees
- Up to $120 in Global Entry or TSA PreCheck credit every four years
How to Take Advantage
- Check your Chase 5/24 status before applying. If you've opened five or more personal credit cards from any issuer in the past 24 months, you likely won't be approved regardless of the welcome offer.
- Apply through the current offer link to confirm you're seeing the 100,000-point bonus, since Chase sometimes runs different offers depending on the channel.
- Plan your $5,000 spend across the first three months. That works out to roughly $417 a month, which is achievable for most cardholders without changing normal spending habits.
- Transfer points strategically once you hit the bonus. Ultimate Rewards points move 1:1 to partners like United, Hyatt, and Air France-KLM Flying Blue, and those transfers often deliver more than 2 cents per point in value.
Why This Bonus Stands Out
Chase rarely runs welcome offers this high on the Sapphire Preferred. The card has hovered in the 60,000 to 75,000-point range for most of the past two years, so a jump to 100,000 points represents a meaningful increase in value for a card that already carries one of the most reasonable annual fees in the travel rewards space.
If you're new to points and miles, this is one of the more approachable cards to start with thanks to its low fee and broad transfer partner network. If you already hold the card, the elevated offer doesn't apply to you, but it's a good signal that Chase is competing harder for new cardholders right now, and similar bumps sometimes extend to other cards in its lineup.
For a full breakdown of how to turn a single bonus into multiple high-value trips, check out how 100,000 Chase points can unlock over $2,000 in travel.
Don't Wait on This One
Welcome bonuses like this don't stick around indefinitely, and Chase has pulled back elevated offers with little notice before. If a flexible, transferable points card has been on your radar, this is the strongest version of the Sapphire Preferred offer we've seen in years.
Apply for the Chase Sapphire Preferred here while the 100,000-point bonus is still live.
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