If you ask a points and miles fan about what cards they have in their wallet, I can just about guarantee that you’ll hear from everyone that they have the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve®.

It comes as no surprise that Chase Ultimate Rewards are a favorite point currency for many people, and for good reason. There are a lot of great ways to redeem Ultimate Rewards. Whether you’re using them for Hyatt Hotels, or to take advantage of the United Excursionist Perk, you’ll find lots of great ways to put Ultimate Rewards to use.

Today, we’re sharing some exciting news: Chase has updated the welcome bonus on the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve®.

Benefits of Using Credit Cards for Everyday Purchases

Chase Sapphire Preferred Bonus

The new welcome offer for the Chase Sapphire Preferred® Card is 75,000 bonus points after you spend $4,000 in the first three months. This is an increase of 15,000 points over the standard bonus of 60,000 points that we usually see.

When advising people who are new to points and miles on what card they should get, the Chase Sapphire Preferred is almost always our first recommendation.

For points and miles novices, or veterans who are below 5/24 and haven’t received a bonus on a card in the Sapphire family in the past 48 months, it will be hard to turn down 75,000 points on the Chase Sapphire Preferred® Card.

Chase Sapphire Reserve Bonus

Chase hasn’t left those seeking some of the more premium benefits from the Chase Sapphire Reserve® behind. Now, you can get 75,000 bonus points after spending $4,000 in the first three months. Again, this is 15,000 more points compared to their previous offer.

Compared to the Sapphire Preferred, the Reserve has some premium benefits. Sapphire Reserve card holders will get a $300 travel credit every year they hold the card. This is one of the easiest travel credits to redeem, with fairly limited restrictions.

Additionally, your Ultimate Rewards points associated with the Chase Sapphire Reserve® are worth 1.5 cents each when redeemed through Chase Travel℠ versus 1.25 cents on the Chase Sapphire Preferred.

There are a lot of reasons to choose the Sapphire Reserve, and getting more bonus points is just icing on the cake.

Which Card is Right For You?

For the vast majority of people, the Chase Sapphire Preferred® Card is a great option since the annual fee is lower and the welcome offer is the same. 

If you’re seeking some of the premium benefits that come with the Chase Sapphire Reserve®, then that card may be a better fit.

If you need help choosing, check out our comprehensive guide to the Chase Sapphire Reserve and our detailed review of the Chase Sapphire Preferred.

For those who’ve had a Chase Sapphire card on your radar for a while, now is a great time to jump on either the Chase Sapphire Preferred Card or the Chase Sapphire Reserve.