Hi Travel Junkies,

Good news! Chase Sapphire Preferred has just upped its bonus to 60,000 points after $4,000 spend in the first 3 months.

The 60,000 points are worth $750 toward travel when you redeem through Chase Ultimate Rewards, with the potential to fetch even higher valuations when used with Chase’s many transfer partners.

Chase Sapphire Preferred

60,000 Chase Ultimate Rewards Points after you spend $4,000 spend in 3 months

Learn more

The previous offer on this card was for 50,000 points, valued at $625 when redeemed to book travel through Chase, for the same minimum spending requirement. Making this new bonus worth a minimum of $125 more toward travel. There is no posted expiration date on this offer and everything we are hearing is that this is the “new normal” for Sapphire Preferred.

The Chase Sapphire Preferred has been our top ranked credit card for travelers for a very long time now and this offer makes it that much more appealing.

The new 60,000 bonus on the Chase Sapphire Preferred is worth $750 of free travel, $125 more than the previous offer.

Annual Fee is Not Waived

One other important change to the offer is that the $95 annual fee is no longer waived for the first year. So new applicants will not have the ability to “test drive” the card for a year before paying a fee.

Nobody likes fees of course, but this offer still represents an upgrade over the previous one thanks to the higher signup bonus. You’re getting an additional $125 of value in exchange for the $95 fee. $125 > $95.

(I hear that this level of math competency plus $500,000 cash will get you in to college these days)

You could also redeem 9,500 Chase Ultimate Rewards points for a $95 statement credit to effectively “erase” the fee if you must. Just know that you are sacrificing value by doing so.

Note that this offer will still be subject to the 5/24 rule. Anyone who has opened more than 5 credit cards in the last 24 months will not be able to qualify for the Chase Sapphire Preferred.

What to Do With 60,000 Bonus Points

There are a TON of different ways to use Chase’s Ultimate Rewards points to turn travel dreams in to realities. Here is  a quick article on what each member of the 10xT team would do with Chase Ultimate Rewards points.

Some quick ideas for you:

  • Round-trip to Europe by transferring the points to United (30,000 miles each way at saver level)
  • One or more round-trip flights to Hawaii by transferring the points to Southwest.
  • 2 nights at the famous Park Hyatt Tokyo by transferring the points to Hyatt (I just did this myself)
  • Or of course $750 toward any other type of travel that you so desire (flights home for the holidays, hotels for upcoming weddings, a rental car for your road trip, etc.)
You can use your 60,000 bonus points to book Southwest flights to Hawaii

Bottom Line

Perhaps the best travel credit card on the market just got better thanks to this new offer of 60,000 bonus points after $4,000 spend in the first three months. Yes, the annual fee is no longer waived for the first year but this is still a better overall offer for the average consumer.

Anyone with an interest in points/miles and a desire to travel should strongly consider grabbing the Chase Sapphire Preferred right away.

Happy Travels,

Bryce

Chase Sapphire Preferred

New to the world of points and miles? The Chase Sapphire Preferred is the best card to start with. With a bonus of 60,000 points after $4,000 spend in the first 3 months and 2x points on dining and travel, this card truly cannot be beat! 

Learn more

Disclosure: 10xTravel has partnered with CardRatings for our coverage of credit card products. 10xTravel and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are the author's alone, and have not been reviewed, endorsed or approved by any of these entities. You can read our advertiser disclosure here.


About the Author

Bryce Conway is the Founder of 10xTravel.com and Author of Takeoff: How to Travel the World for Next to Nothing and How to Fix Your Credit: Do it Once. Do it Right. Get on with Your Life. Bryce’s work has been featured in multiple national media outlets including Good Morning America, Money Magazine, and ABC Nightline News. Bryce created 10xTravel in 2014 and has been hanging out in the points and miles community since 2011....

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9 Responses to “Chase Sapphire Preferred Bonus Now at 60,000 Points!”


Angel A Franco

Would you recommend getting the Sapphire Preferred card for it’s current offer of 60,000 points even if you already have the Chase Sapphire Reserve and have not met the 5/24 rule? Thank you.

I have 2 vacations planned for this summer that will require a flight. Am I better off going with the Chase Reserve to get the $300 travel credit for the flights along with the points?

I’ll be traveling to Key West and Vegas. I usually travel 2-3 times a year for vacation, sometimes out of the US. I was thinking of getting the reserve also for the global entry credit.

The 2 trips this summer are to Key West and Las Vegas. I usually travel 2-3 times a year for pleasure and 1-2 times a year for work. Occasionally the pleasure trips are out of the country which is where I was thinking of getting the reserve card for global entry. I also currently have the chase freedom card.

TONI L BURNSIDE

I just read your book. Thanks for the information. I have a few travel cards but not yet a full-fledged travel hacker 🙂 We are planning a trip to Australia and New Zeland in late 2020. What card do you suggest we get now to start accumulating the points? Thanks so much.

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