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Chase has launched a new elevated welcome offer on the Chase Sapphire Preferred® Card, giving new cardholders the opportunity to earn 100,000 Ultimate Rewards points after spending $5,000 on purchases within the first three months of account opening. The new offer represents a 25,000-point increase over the card’s previous 75,000-point welcome bonus and marks one of the strongest publicly available offers we’ve seen on the Sapphire Preferred in a while.
The elevated offer arrives shortly after Chase announced a series of significant changes to the Sapphire Preferred card. The refresh introduced several new statement credits and lifestyle-focused benefits designed to provide additional value throughout the year. However, the updates were not universally positive. Among the most notable changes was an adjustment to Chase’s relationship with World of Hyatt, which effectively reduced the value cardholders can receive when transferring Ultimate Rewards points to Hyatt. Given that Hyatt has long been considered one of the most valuable transfer partners in the Chase ecosystem, many points and miles enthusiasts viewed the change as a meaningful devaluation despite the addition of new perks.
Chase Sapphire Preferred® Card
Special Limited-Time Offer!
Earn 100,000
bonus points
after you spend $5,000 on purchases in the first 3 months from account opening.
Annual Fee: $95
Our Take
The timing of this offer is interesting. Chase appears to be offsetting some of the negative reaction to the Sapphire Preferred’s recent changes by rolling out a substantially larger welcome bonus. While we were disappointed to see the reduction in value when transferring points to Hyatt, there’s no denying that an additional 25,000 Ultimate Rewards points helps soften the blow for new applicants.
We still believe this elevated offer deserves serious attention from travelers looking to earn flexible rewards. A 100,000-point bonus can unlock significant value through Chase’s transfer partners and travel redemption options. That said, we would rather see Chase preserve the exceptional value of its Hyatt partnership. For many points and miles enthusiasts, strong transfer partners remain far more valuable than a growing list of lifestyle perks or credits, making the Hyatt devaluation the most important long-term change to watch despite the excitement surrounding this welcome offer.
New to the world of points and miles? The Chase Sapphire Preferred® Card is the best card to start with.
With a bonus of Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. , 5x points on travel booked through the Chase TravelSM Portal and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!
Editors Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
10xTravel is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. All values of Membership Rewards are assigned based on the assumption, experience and opinions of the 10xTravel team and represent an estimate and not an actual value of points. Estimated value is not a fixed value and may not be the typical value enjoyed by card members.
Editors Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
bonus cash back
after you spend $8,000 on purchases in the first 4 months from account opening
miles
once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
bonus points
after you spend $5,000 on purchases in the first 3 months from account opening.
Membership Rewards® Points
after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
