Edit 5/14/2024 This offer is Expired; the current offer is 60,000. This is hands-down one of the best public offers we’ve seen on the Chase Sapphire Preferred in a long time. If you’ve been holding off on applying, now’s the time to take a serious look. Click Here for an affiliate link to earn 100,000 Chase Ultimate Reward Points.
What’s the Deal?
New applicants can earn 100,000 Chase Ultimate Rewards® points after spending $5,000 in the first 3 months.
- Annual fee: $95
- Deadline: No official end date, but Chase has hinted this won’t last long.
💰 How Much Are 100K Points Worth?
You can get:
- $1,250 in value when booking through the Chase Travel portal (thanks to a 25% boost)
- $2,000+ if you transfer your points smartly—especially to partners like Hyatt, Air Canada, or Virgin Atlantic
If you know how to use points well (or you follow CV Points 😉), this is a massive return for a single sign-up bonus. You could get 11 nights at the Hyatt Centric in Murano, Italy and take a glass blowing class!
🎯 Why This Card Makes Sense
Earning structure:
- 5x on travel through Chase Travel
- 3x on dining, online groceries, and select streaming
- 2x on all other travel
- 1x on everything else
Perks:
- $50 annual hotel credit (booked through Chase Travel)
- 10% annual points bonus based on what you spent that year
- Primary car rental coverage
- Trip delay and interruption insurance
- No foreign transaction fees
Basically, this card punches way above its weight for a $95 annual fee.
🧠 How to Use Those Points
You’ve got options:
- Book through Chase Travel for 1.25 cents per point
- Transfer to travel partners and unlock outsized value on business class flights, Hyatt hotels, and more
- Combine with a no-annual-fee card like the Chase Freedom Flex or Chase Ink to boost your point-earning strategy
If you’re into free travel (and let’s be real, you are), it’s hard to beat this combo.
🙋♂️ Can You Get This Offer?
To qualify:
- You can’t currently have any Sapphire card (Preferred or Reserve)
- You can’t have received a Sapphire bonus in the last 48 months
If you’re eligible and under Chase’s 5/24 rule (you can’t have opened more than 5 cards in 24 months), this offer should be at the top of your list.
Final Take
If you’ve been waiting for a reason to get the Chase Sapphire Preferred, this is it. The 100K point offer won’t be around forever, and it’s rare Chase goes this high on a public offer. Whether you’re just getting into points or already deep in the game, this bonus opens doors.
