The Chase Sapphire Preferred® Card has long been the go-to recommendation for anyone starting out in the world of travel rewards. Now, with a new 100,000-point welcome offer—worth about $2,050 by our valuation—this classic card cements its status as the best starter card on the market.
Our Take
Good news for newcomers and points optimizers. This is the strongest public offer we've ever tracked for the Sapphire Preferred, making it a must-grab for anyone eligible. If you’re just getting into points and miles, or looking to maximize value with a single card, this is the time to jump in.
What Changed
- Welcome bonus: 100,000 Chase Ultimate Rewards points after $5,000 spend in 3 months (previously 60,000–80,000 points typical)
- Bonus value: ~$2,050 by our valuation (all-time high)
- No changes to annual fee ($95) or core benefits
Who Benefits Most
- Points beginners: Earning 100,000 points from a single card is a rare opportunity—worth about $2,050 toward travel or transfers.
- Travelers who want flexibility: Ultimate Rewards points transfer to Hyatt, United, Southwest, and more at full value. For example, 100,000 points can book 6 Hyatt Category 4 nights (worth ~$1,650) or multiple roundtrips on Southwest.
- Couples/families planning a big trip: Two-player mode means $4,100 in value if both partners are approved and meet the bonus.
- Chase ecosystem fans: Pairing with Chase Freedom Unlimited or Chase Sapphire Reserve lets you maximize earning and redemption.
Who Should Be Cautious
- Those over 5/24: If you’ve opened 5+ cards in the last 24 months, you’re not eligible for this bonus.
- Current Sapphire holders: You can’t get the bonus if you currently have any Sapphire card or received a Sapphire bonus in the past 48 months.
- Big spenders seeking luxury perks: The Sapphire Preferred is a great value, but doesn’t offer lounge access or premium travel credits—look to the Chase Sapphire Reserve or Amex Platinum instead.
What To Do Right Now
- Check your 5/24 status—if you’re under, apply for the Sapphire Preferred as soon as possible.
- Review your Sapphire card history to ensure you’re eligible for the bonus (no Sapphire bonus in the last 48 months).
- Plan your $5,000 spend over 3 months to hit the bonus without overspending.
- Consider pairing with a no-fee Freedom card for maximum points earning.
- If you’re a couple, both partners can apply for double the value.
