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Chase Sapphire Preferred 100,000-Point Bonus Is Back — Act Before It's Gone

Credit Cards
June 17, 2026
The Points Party Team
Woman holding passport at airport

The Chase Sapphire Preferred just brought back its best-ever welcome offer: 100,000 bonus points after spending $5,000 in the first three months. That's not a typo, and it won't last forever.

This offer launched June 15, 2026, alongside a significant card refresh, and if history is any guide, it disappears fast. The 100k bonus has only appeared three times since the card launched in 2009. If you've been sitting on the fence about the Chase Sapphire Preferred, this is the moment to get off it.

Deal Details

  • Welcome bonus: 100,000 Chase Ultimate Rewards points
  • Spending requirement: $5,000 in purchases within the first 3 months
  • Annual fee: $95 (unchanged)
  • Standard offer: 75,000 points — this offer is 25,000 points better
  • Expiration: Limited time, no official end date announced

How to Take Advantage

  1. Confirm you're eligible: You can't currently have a Chase Sapphire card open, and you need to be under Chase's 5/24 rule (fewer than 5 new cards in the past 24 months).
  2. Apply through our link for the Chase Sapphire Preferred to lock in the 100k offer.
  3. Map out $5,000 in organic spending over 90 days — dining, travel, streaming, gas, and EV charging all earn 3x points and count toward the requirement.

Why This Deal Matters

At a conservative redemption value of 1.25 cents per point through Chase Travel, 100,000 points is worth $1,250 toward flights, hotels, and car rentals. Transfer those points to airline and hotel partners and you can push the value to $2,000 or more. That's more than 20 times the $95 annual fee back in pure travel value from the bonus alone — which is exactly why the Chase Sapphire Preferred is still worth it even with its modest price tag.

The card also just picked up meaningful new benefits, including 3x points on gas and EV charging, 3x on vacation rentals, a $120 Global Entry/TSA PreCheck fee credit, emergency evacuation coverage, and a complimentary year of Apple TV (activate by December 31, 2026).

One important change to know: the 10% anniversary point bonus is gone, and Hyatt transfers now happen at a 4:3 ratio (1,000 Chase points = 750 Hyatt points) rather than 1:1. That's a real downgrade for Hyatt loyalists. If you're a heavy Hyatt spender and want a card that justifies a higher fee, it's worth checking whether the Chase Sapphire Reserve makes more sense for your setup. For everyone else, the Preferred's value proposition remains hard to beat.

The $5,000 spending requirement is higher than the card's previous bonus tiers, so be honest with yourself about whether you can hit it through everyday purchases. If you're unsure when the right time to apply is, that's worth a quick read before you decide. Manufactured spending schemes aren't worth the risk — if $5,000 in three months fits naturally into your budget, apply for the Chase Sapphire Preferred today.

Bottom Line

The Chase Sapphire Preferred's 100k offer is rare, valuable, and live right now. If you're eligible and can meet the spending requirement organically, there's no better entry point into the Chase Ultimate Rewards ecosystem. Don't wait for a better offer — this is it.

Get the 100,000-point Chase Sapphire Preferred offer here.

This article contains affiliate links. If you apply through our links, we may earn a commission at no cost to you, which helps us continue sharing points and miles strategies with the community.

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