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Update – 10/05/2021

There have been rumors flying on the internet the last few days, and Chase has just made it official as first reported by Dan’s Deals, and later confirmed to TPG that the 100,000 point welcome bonus on the Chase Sapphire Preferred® Card will be ending on 10/6/2021.

This offer hung around longer than I think anyone could imagine, so tons were able to take advantage of it and receive a terrific welcome bonus of 100,000 points. But sadly, all good things must come to an end.

If you’re eligible for the card (see Restrictions For New Applicants later on in this article to confirm), you should strongly consider applying as it’s a no-brainer. If you’re still unsure as to whether you’re eligible, email me to discuss your situation ([email protected]).

If you’re new to points and miles and not sure what card to get, this is absolutely the card you need to get. 

Learn How to Apply


We’re sad to announce that the previous high bonus on the Chase Sapphire Preferred® Card is no longer available.

But not all endings are bad, and in this case it gets even better. The Chase Sapphire Preferred® Card now has an even higher bonus. Now you can earn 100,000 Chase Ultimate Rewards points when you spend $4,000 in the first three months when you open a new Chase Sapphire Preferred® Card.

Let’s take a look at this even higher bonus and a few things you should know about the Chase Sapphire Preferred® Card and the Chase ecosystem.

Who Should Apply For The Chase Sapphire Preferred® Card?

The Chase Sapphire Preferred® Card is truly one of the best credit cards for just about anyone in points and miles. That’s why it is consistently near the top of our best credit cards month after month. Often, it sits at the number one spot.

That’s because the Chase Sapphire Preferred is one of, if not the best card for beginners. Even experienced people in the points and miles world keep coming back to the Chase Sapphire Preferred.

Whether you’re new to points and miles, or you’ve been around for awhile, as long as you’re eligible to open a new Chase Sapphire card, you should be jumping on this opportunity.

Restrictions For New Applicants

There are a few restrictions on Chase cards, and Chase Sapphire cards specifically, that you should be aware of before applying for the Chase Sapphire Preferred® Card.

For starters, all Chase products are limited by the Chase 5/24 rule. This means if you’ve opened more than five cards in the past 24 months that report on your personal credit report, Chase will not approve you for a new card.

Additionally, Chase has special restrictions on their Sapphire line of cards. You’re only eligible for the new card bonus if you haven’t earned one in the past 48 months. 

Furthermore (as if there wasn’t already enough), you can only have one Sapphire branded card open at a time. So if you currently have a Chase Sapphire Reserve® you won’t be able to open a Chase Sapphire Preferred® Card.

Why 100,000 Chase Ultimate Rewards Points Are Great

If you’re looking for a reason to open a new Chase Sapphire Preferred card, just take a look at a few examples of how you can use Chase Ultimate Rewards points.

  • Stay four to five nights at a Hyatt Ziva or Zilara all inclusive
  • Fly round-trip in business class to Europe
  • Book ANA first class to Asia
  • Stay 3 nights at the Le Meridien Maldives (and just a few points shy of 5 nights)

There’s a ton of value to be found with Chase Ultimate Rewards, and the ability to earn so many with the Chase Sapphire Preferred will go a long way.

Final Thoughts

There’s a lot of great ways to use Chase Ultimate Rewards, and the ability to earn 100,000 with the Chase Sapphire Preferred is a stellar offer. Some of you may have opened the card recently, as no one expected this offer to come around. If that’s the case, don’t fret as you still got an absolutely amazing deal.

If you were sitting around twiddling your thumbs, then now is the time to jump. Just be sure you’re eligible before you apply!

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

Just getting started in the world of points and miles? The Chase Sapphire Preferred is the best card for you to start with.

With a bonus of 60,000 points after $4,000 spend in the first 3 months, 5x points on travel booked through the Chase Travel 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!

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