Introduction
Chase just brought back the highest welcome bonus in Chase Sapphire Preferred history. New applicants can now earn 100,000 bonus points after spending $5,000 in the first three months, a jump from the card's usual 75,000-point offer. This is only the third time in the card's 17-year run that the bonus has hit six figures, and it landed alongside a genuine refresh to the card's benefits. If you've been sitting on the fence about your first travel card, this is the moment to move.
Deal Details
- Bonus: 100,000 Chase Ultimate Rewards points
- Spend requirement: $5,000 in the first 3 months from account opening
- Annual fee: $95 (unchanged)
- Estimated value: $1,000+ redeemed through Chase Travel, potentially $2,000 or more when transferred to airline and hotel partners
- Availability: Limited time, no confirmed end date
New cardholders also get a bumped-up $100 annual hotel credit (up from $50), a $120 credit every four years for Global Entry, TSA PreCheck, or NEXUS, a complimentary year of Apple TV, and new 3x categories on gas, EV charging, and vacation rentals like Airbnb and Vrbo.
One tradeoff worth knowing: new applicants now transfer to World of Hyatt at a 4:3 ratio instead of 1:1, and the card's 10% anniversary points bonus is going away for anyone who applies after June 15, 2026.
How to Take Advantage
- Confirm you're eligible. You can't have an open Sapphire Preferred or have received a welcome bonus on it before, though holding a Sapphire Reserve no longer disqualifies you.
- Check you're under Chase's 5/24 rule before applying.
- Apply for the Chase Sapphire Preferred and plan your spending to comfortably clear $5,000 in three months.
Why This Deal Matters
The Sapphire Preferred has only offered 100,000 points twice before, in 2021 and 2025, and both times the elevated bonus disappeared within weeks. If you're weighing which card to get first, our guide on your first rewards card breaks down why this exact card tends to win for beginners, and our deeper look at whether the Sapphire Preferred is worth it covers the annual fee math in more detail.
Conclusion
A rare 100,000-point bonus on a $95 card is not something that lasts long. If you're ready to apply, get the Chase Sapphire Preferred while the offer is live rather than waiting to see if it goes higher.
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