Your Next Adventure Starts Here: Chase Sapphire Preferred Offering 100,000 Points To New Cardholders

Chase Ultimate Rewards® points can be redeemed as statement credits, toward gift cards, applied for reservations made through Chase Travel℠ with a 25% bonus or transferred to more than a dozen airline and hotel partners at 1:1 value. If you’re new to the program, you’ll find inspiration on how to spend Ultimate Rewards points to maximize their value.

Depending on how you redeem your rewards, this six-figure points offer could yield you any of these options:

• $1,000 in cash back
• $1,250 toward bookings made through Chase Travel
• One round-trip ticket to Europe in business class
• Four nights at an all-inclusive resort
• Two round-trip economy tickets within the U.S. and two nights at a midrange hotel

But that’s just the beginning. The Sapphire Preferred consistently holds one of the top spots of Forbes Advisor’s best travel credit cards due to its rich rewards, array of perks and incredible versatility.

The Sapphire Preferred has an annual fee of just $95 per year but comes with premium benefits. In addition to its one-time welcome offer, the card continually earns 5 points per dollar on travel purchased through Chase Travel℠, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on other purchases. Once a year, you’ll also receive a 10% points bonus on your total spending from the previous year (so $25,000 in spending would earn a 2,500 points bonus).

All cardholders can earn up to $50 per year in statement credits when booking a hotel stay through Chase Travel. Eligible trips will also be covered by some of the best trip protections available through a credit card including trip cancellation and interruption insurance, trip delay reimbursement, baggage delay insurance and primary rental car collision coverage all at no extra cost.

There are also no foreign transaction fees on the Sapphire Preferred, making it a fantastic companion card to take with you when traveling internationally.

The Sapphire Preferred typically requires good or better credit for approval. Chase doesn’t list a specific credit score range, but typically a 670 or higher represents a good credit score on the FICO scale.

Chase only allows one Sapphire card per person. So if you already have a Chase Sapphire Reserve® or have received a new cardmember bonus for any Sapphire card in the last 48 months, you unfortunately won’t be eligible to get a new Sapphire Preferred.

Additionally, Chase has another limitation that could impact your eligibility for approval. The Chase 5/24 rule automatically disqualifies you if you’ve opened five or more credit cards in the past 24 months.

A 100,000-point offer is among the highest we’ve ever seen on the Chase Sapphire Preferred® Card—or any other flexible travel card with an annual fee under $100. If you’ve been considering the Sapphire Preferred, now is a great time to apply. Getting paid handsomely to spend is tempting for any traveler and the card’s ongoing perks make it one to hold onto for the long haul.