
As you will have seen, the CHASE SAPPHIRE PREFERRED® card (see rates and rates) I just launched an offer that the world of Points and thousands goes some bananas (even here in the TPG halls).
In case you have lost it, the new applicants for the preferred sapphire can currently Win 100,000 bonus points After spending $ 5,000 on purchases in the first three months since the opening of the account. That is an impressive 40,000 points higher than the regular offer. TPG values those points in more than $ 2,000 based on our April 2025 Valuations.
Offer alert: add 100K final rewards points to your balance with this limited time offer in the Chase Sapphire preferred.
But cross the hype, only How good Is this offer of 100,000 points, and is a contender for one of the best offers we have seen?
For example, is this offer classified there with the large launch offers of the large premium cards? What about those long and still remembered offers such as the Grand Slam (RIP) of US Airways?
We are going to roll the tape.
Card offers of 100,000 points are common … except when they are not
If you have seen the reward credit card space over the years, you have probably noticed that the trend of welcome offers becomes larger. For example, 10 to 15 years ago, it was common for a large welcome bonus to be in the neighborhood of 25,000-50,000 points.
In our memories, the first really large six -digit card offer came from Capital one in March 2011 as part of a “Match Your Miles” promotion (not already available). The base offer was only 10,000 points (Capital One would then change to miles as its currency), but could win up to 100,000 additional bonus points if it had an existing rewards balance in another account, which was probably much less common at the time.
That next month, Chase would launch a 100,000 mile bonus (no longer available) in the British Airways Visa Signature® (see rates and rates), A program that has also moved to a new currency: Avios. But these were anomalies in a sea of smaller offers.
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And, as TPG readers know, not all points and miles are created equally. It is common to see cards charged with programs such as Hilton honors and IHG A reward Pass the six -digit brand. But those coins are worth significantly less by point.
On the other hand, the persecution points are among the most valuable rewards that exist based on our personal data and experience. Regularly we obtain at least 2 cents in value by point when maximizing with partners such as Hyatt world, Air Canada Aeropan and Air France-Klm Flying Blue.
But it is not just the number of points. After all, we have seen a series of welcome bonds in the range of more than 100,000 in recent years, but they often have strong expenditure requirements to obtain complete bonus. Or, the card can have a high annual rate of hundreds of dollars that could discourage a more informal traveler.
That is what makes this new preferred offer of sapphire so rare.
After all, you can earn 100,000 persecution points with a welcome bonus on a personal credit card with only an annual rate of $ 95 by spending $ 5,000 in three months. That works at $ 1,666.67 in expenses per month. That is not exactly easy, but the most recent consumer expenses survey shows that the Average American home He spent $ 77,280 in 2023. Even if he eliminates the expenses of the calculation housing (although there are ways of pay for rent with a credit card), That is still more than $ 4,300 per month, much of which can probably go to a card these days.
Related: Can you pay the rent with a credit card? Everything you need to know
And then there is the important reality that we have only seen the preferred sapphire bonus, arrive so high once before, in the summer of 2021. Even then, it only lasted a few months before returning to the “vault of persecution.”
The preferred sapphire is the most striking and clearer sister, the CHASE SAPPHIRE Reserve® (see rates and rates), had a 100,000 -point bonus when it was launched in 2016, and that lasted until March 2017. But again, that was more than eight years ago, and that card at that time had an annual rate of $ 450 (now there are $ 550), so it is not exactly apples for apples against a card of $ 95 per year.
The TL; Dr is this:
- The preferred sapphire has been on the market for more than 15 years.
- This is only the second time that the bonus has reached 100,000 points in those 15 years.
- The last time was almost four years ago, since the world came out of the depths of the pandemic.
So, it is not the type of bonus that you see all the time. In a nutshell, it is still very rare that the bonuses in the cards that win transferable points will arrive as high, especially in annual rate cards like this.
The beauty of the card (and the 100,000 -point bonus) is its simplicity
The last years have seen a complexity in the world of travel rewards and loyalty programs. Do you want to make this annual rate make the most? Be prepared for Maximize monthly extract credits. Do you need to find out how many miles will win on that flight operated by the partner? Call your friend with a Ph.D. In mathematics.
Fortunately, the preferred sapphire bonus, as well as its general value proposal, remains simple and super gratifying. Apply (and obtain approval) for the card. Spend at least $ 5,000 in three months (remember that the annual rate does not count for that total). Win 100,000 bonus points.
The only ongoing advantage that really needs to track on the card is a Annual declaration credit of $ 50 For hotels purchases made through Chase Travel℠. But apart from that, simply use the card and win points (in addition to enjoying some of the best travel protections).
This bonus can obtain more than $ 2,000 in value
You can see this bonus of 100,000 points assigned different equivalent of cash value, and that is for a good reason.
There are different ways of using Chase Ultimate Rewards. If you use them to reserve things such as flights, hotels or car rentals through the Chase Travel portalYou get a fixed value of 1.25 cents per point. That means that its 100,000 Valería bonus $ 1,250.
However, think about that as the starting point for your rewards: there is more potential. Much, much more. And everything is reduced to the list of Chase Ultimate Rewards Transfer Partners.
You can convert your persecution points to 11 airline currencies and three hotel coins with a 1: 1 relationship (unless you can tame things well with a Transfer Bonus). And if you use the appropriate partner for adequate redemption, think about long -distance executive class flights or award nights at luxury resorts, you have the opportunity to obtain significantly More value of each point.
Here are some real world examples on how to stretch the value of these rewards.
| Transfer program (s) | Redemption details | Number of points (more taxes and rates) | Cash price | Persecution point value |
|---|---|---|---|---|
| Air Canada Aeropan | Lufthansa First class for a passenger from Frankfurt Airport (FR) to George Bush’s Intercontinental Airport (IAH) | 100,000 (more $ 209.77) | $ 10,440.23 | 10.2 cents |
| Virgin Atlantic Flying Club | KLM Business/Virgin Geub Class for three passengers at Amsterdam Schiphol Airport (AMS) to Orlando International Airport (MCO) through Manchester Airport (Man) | 111,000 (plus $ 1,172.71) | $ 6,732 | 5 cents |
| British Airways Club or Iberia Plus | Iberia executive class for two passengers from Zurich Airport (ZRH) to Orlando International Airport (MIA) through the Adolfo Suárez Madrid-Barajas airport (MAD) | 115,000 (plus $ 474.02) | $ 5,859 | 4.7 cents |
| Hyatt world | Hyatt Centric Park City during the ski season | 180,000 points | $ 6,938.30 | 3.9 cents |
These are not theoretical examples invented or selected by cherries. Instead, each of these awards was Really reserved by a TPG employee who uses a Rewards Ultimate transfer partner in the last 12 months.
Once again, we are talking about the potential of thousands of dollars in travel value of a card bonus with a realistic spending requirement and only an annual rate of $ 95, that is an exceptional agreement.
Read more: 10 best ways to use 100k Chase Ultimate Rewards Points
So, the preferred zafiro of 100,000 points offers one of the best offers?
In short … yes.
We remember the absolute frenzy when the 100,000 -point welcome bonus was ending in the preferred sapphire in the summer of 2021. Those who put themselves occupied and lost it accidentally and then were. very Disappointed and expected to come back soon. Well, he took around 3 1/2 years, but the wait is over.
No one has a sapphire crystal ball to know what Chase will do next, but we do know that this is marketed as a limited time offer. In other words, there is no way of knowing how long it will spend, but it will undoubtedly be among the best offers we have seen in the almost 15 years since the points were launched.
So, if you are eligible to win the 100,000 bonus points And they are ready to add to their Piggy Bank points, this is the time you have been waiting.
Apply now: Chase Sapphire preferred card With a bonus of 100,000 points

