The Offer
- Signup for the Chase Sapphire Preferred and get 100,000 points after $4,000 in spend within the first three months.
Card Details
- $95 annual fee (not waived first year)
- No foreign transaction fees
- Primary car rental insurance
- This card earns at the following rates:
- 2x points per $1 spent on travel and dining at restaurants
- 1x points per $1 spent on all other purchases
- Transferable points
- Redeem points on Chase’s travel portal at a value of 1.25¢ due to the 25% travel redemption bonus
- Not eligible if you’ve received a sign up bonus on the Sapphire Preferred/Reserve in the last 48 months (standard is now 48 months)
- Chase 5/24 rule applies to this card
Our Verdict
The previous Sapphire Preferred offer was for 80,000 points on the same $4,000 spend + a $50 grocery credit; that offer has ended and the 100,000 offer (no grocery bonus) is the new offer. Chase will not match earlier signups to the 100,000 bonus, according to Reddit user EosHuffer. Obviously a bummer for those who signed up under the 80,000 points offer since the additional 20,000 points is worth much more than the $50 grocery credit.
The new 100,000 offer is now available online, and will become available in Chase branches later this month on the 17th (unclear if annual fee will be waived on that branch offer). It’s possible that referral links will get the new offer soon as well.
See these 26 Things Everybody Should Know About Chase Credit Cards before applying for a Chase card.