The Chase Sapphire Preferred® Card is offering a 100,000-point signup bonus—matching the highest public offer we've ever seen on the card. If you're earning points or interested in travel rewards, this is one of the best deals in the game right now.
That bonus alone is worth at least $1,250 in travel (when booking through Chase Travel℠) and can be worth far more when transferred to airline and hotel partners.
Whether you’re new to points or just looking for more Chase points, this is one of the best offers available right now.
In this guide, we'll cover why the CSP is a top travel card and how to qualify for the 100K offer—even if you've had a Sapphire card before
Why the Chase Sapphire Preferred Is So Valuable
Even without a headline bonus, the Chase Sapphire Preferred® Card consistently ranks as one of the best starter and long-term travel credit cards. It earns flexible Chase Ultimate Rewards® points, which are some of the most valuable points out there.
Here’s what makes the CSP a standout:
1. Transferring Points To Partners
Points earned on the Sapphire Preferred can be transferred to Chase’s 14 airline and hotel partners, including:
- Air Canada Aeroplan
- Hyatt
- United
- Iberia
- British Airways
- Flying Blue (Air France/KLM)
- Virgin Atlantic
- Singapore Airlines
This flexibility is what sets the CSP apart from most travel cards—it’s not just about fixed-value redemptions. You can book luxury hotels, business class flights, or last-minute getaways depending on your goals.
Click here to learn more about transferring your Chase points!
2. Redeeming Your Points Via Chase Travel℠
Additionally, by getting the Chase Sapphire Preferred, your Chase points are immediately worth 25% more when redeeming them via the portal. Specifically, without this card, your points are only worth 1 cent in Chase Travel℠. However, when booking via Chase Travel℠ with an active Chase Sapphire Preferred card, your points are worth 1.25 cents each.
3. Get Up To $50 In Statement Credits Each Year For Hotel Stays Via Chase Travel℠
One of the cool benefits of the Sapphire Preferred is the annual (up to) $50 statement credit for hotel stays purchased through Chase Travel℠. This statement is rewarded retroactively after you book your stay. I like this credit because it helps to offset your annual fee, even though it needs to be used via Chase Travel℠.
4. Strong Earning Categories
- 3x points on dining, including eligible delivery services, takeout and dining out
- 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs)
- 3x points on select streaming services
- 2x on other travel purchases
- 1x on all other purchases
For all the 3x purchases, I'm likely to use my CSP. The CSP otherwise has a pretty decent selection of spending categories. However, it does lack in-person grocery spending categorical power.
5. Get Top Tier Travel Insurance & Protection
Chase's Sapphire line of cards is especially known for its top-tier travel insurance, which can help you out in a pinch. As long as you book the trip with your card (there are many more T&C here, so make sure you look into the requirements), you should be eligible for:
- Travel and Emergency Assistance Services
- Trip Delay Reimbursement
- Trip Cancellation / Interruption Insurance
- Baggage Delay Insurance
- Lost Luggage Reimbursement
- Auto Rental Collision Damage Waiver
- Travel Accident Insurance
My Chase Sapphire Reserve's baggage delay insurance really came in clutch when my bag was delayed, helping me get essential lotions that were in my checked bag. These travel insurances are really awesome when you're eligible for them.
The Welcome Bonus: 100K Points
The current offer is: Earn 100,000 Chase Ultimate Rewards® points after spending $5,000 in the first 3 months.
That’s worth:
- $1,250 toward travel when booking through Chase Travel (1.25¢ per point)
- Upwards of $10,000+ when transferred to partners and redeemed for premium flights or hotel stays
Some real-world examples of what 100K points can get you:
- 60K points: Fly business class to Paris on Flying Blue
- 29K points: Virgin Atlantic upper class to London
- 60-80K points Redeem a Star Alliance business class flight via Aeroplan
- 30K points/night: Top Hyatt hotel in major European cities
- 90K points: Lufthansa First Class last-minute via Aeroplan
- 102K points: Emirates First Class between Athens or Milan and New York City (flights that often cost over $12,000 cash!)
- Several domestic economy flights in the US using Southwest, United, or JetBlue
Can You Get the Bonus Again? Yes—Here’s How
Even if you’ve had the Sapphire Preferred (or Reserve) in the past, you may still be eligible for this 100K offer. Here are the rules:
You can earn the bonus if:
- It’s been 48+ months since you last received a bonus on any Sapphire card (Preferred or Reserve), and
- You don’t currently hold a Sapphire Preferred or Sapphire Reserve
Already Have a Sapphire Card? Do This:
If you’re outside the 48-month window but still hold a Sapphire card:
- Call Chase or send a Secure Message and ask to downgrade to a no-annual-fee card like the Chase Freedom Flex® or Freedom Unlimited®
- Your points will not expire or be lost
- Wait a few days, then apply for the Sapphire Preferred again
You’ll now be eligible for the new 100K offer—as long as you’re under Chase’s 5/24 rule (i.e. you haven’t opened more than 5 personal credit cards across all issuers in the last 24 months).
This downgrade + reapply strategy is totally above board and aligns with Chase’s public rules.
Final Thoughts
The return of the 100K Sapphire Preferred bonus is a big deal. It’s a rare opportunity to earn a massive stash of flexible points on one of the best all-around travel cards available today.
Even if you’ve had a Sapphire card before, you may be able to qualify again with a simple downgrade and reapplication strategy.
And with tools like Roame to help you redeem those points wisely, this card can easily unlock thousands of dollars in free travel.
Editorial note: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
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