The highly anticipated return of the 100,000-point welcome bonus on the Chase Sapphire Preferred Card is now live. This limited-time offer is a rare opportunity for those looking to maximize their travel rewards. The Sapphire Preferred has been a fan favorite among travel enthusiasts, and this elevated bonus is the highest ever offered on the card.
The 100,000-point bonus is exceptionally rare, as it has only been seen three times in the card's 16-year history. To put this into perspective, the previous public offer was 75,000 points, which is worth less than $500 in potential travel. This means that the current limited-time bonus is worth more than $500 more in travel rewards.
The Chase Sapphire Preferred is an excellent choice for those seeking a low-fee card with great ongoing value. It includes a $100 annual Chase Travel hotel credit, strong travel protections, good bonus-earning categories, and valuable airline and hotel transfer partners. The card's $95 annual fee is a small price to pay for the potential travel rewards and benefits.
With the 100,000-point bonus, you can unlock thousands of dollars in travel rewards. Depending on how you redeem them, these points could help pay for things like lie-flat business-class flights, multiple domestic economy flights, or a couple of round-trip flights to Hawaii. The possibilities are endless with Chase Ultimate Rewards' airline and hotel transfer partners.
Chase has not announced when this offer will end, but it's only available for a limited time. Last year's promotion lasted about six weeks, but there's no guarantee this one will follow the same timeline. If you're hoping to lock in the highest welcome bonus we've ever seen on the Sapphire Preferred, don't wait too long.
The Chase 5/24 rule still applies, and you'll likely need a good credit score to qualify. However, having a Chase Sapphire Reserve no longer disqualifies you from having a Sapphire Preferred. Being an authorized user on someone else's Sapphire Preferred does not prevent you from getting one in your own name as the primary cardholder.
If you're eligible for the bonus and have been waiting for the best time to apply, there's no better time than the present. The 100,000-point welcome bonus has only appeared a handful of times, and the card continues to offer exceptional flexibility long after you've earned the initial bonus.
