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We are excited to let you know that the Chase Sapphire Preferred® Card’s bonus has been elevated to 80,000 Ultimate Rewards points. We hoped many of you jump on this opportunity, a lot of the 10xTravel staff did last time. If the CSP is on your radar, now is the time to go.

Chase Sapphire Preferred

Chase Sapphire Preferred® Card

Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 when you redeem through Chase Ultimate Rewards®.

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This is an incredible opportunity. Although there are other Chase cards offering around the same number of Chase Ultimate Rewards points as a bonus, those are typically business cards with a higher minimum spend requirement.

Given points on the Chase Sapphire Preferred are worth 1.25 cents each when redeemed for travel in the Chase travel portal, that makes this bonus worth, at a minimum, $1,000 in travel.

If you’re under 5/24, don’t pass up this chance.

There’s a lot of great ways to use Chase Ultimate Rewards points. You could use them for a few nights at one of Hyatt’s all-inclusive resorts, or use them to fly in to Europe and back.

Now, I know some of you might be pretty bummed with this if you recently opened a Chase Sapphire Preferred card with a lower bonus. This is one of those situations where you’ll have to lick your wounds and understand you still got a great elevated bonus that is more than what is normally offered on the card.

For those of you, like me, who have been too lazy to get around to applying for the offer on the Chase Sapphire Preferred® Card, well our procrastination paid off. Take that all my high school teachers who told me to not wait until the last minute.

I wouldn’t anticipate a higher offer on the Chase Sapphire Preferred Card or one that comes even close to it for awhile. If you haven’t opened a Sapphire product of any kind in the past 48 months, and you’re below 5/24, now is the time to jump all over the Chase Sapphire Preferred Card.