Big new bonus of 100,000 points on the Chase Sapphire Preferred card!

Chase sure has been busy with updating many of their co-brand card offers but decided today was the day to push out some big bonuses on their proprietary products! Chase Sapphire card products that right now they have some the best offers to date on them! The Chase Sapphire Preferred Card is offering a boosted welcome bonus 100,000 points from the previous 80,000 +$50 statement credit. Remember that Chase Ultimate Rewards points can be transferred 1:1 to 10 airline programs and 3 hotel programs including British Airways, JetBlue, Marriott and United. This means you essentially have a 100,000 mile/point offer for any of those transfer partners. However if you don’t want to limit yourself to an airline program you can always redeem via Chase Ultimate Rewards Travel for flights, hotels, car rentals and more. Having the Sapphire Preferred Card means you get a value of 1.25 cents per point redeemed towards those travel portal purchases.

Here are the card details:

Chase Sapphire Preferred Card
100,000 bonus points when you spend $4,000 in purchases on your new Chase Sapphire Preferred Card in your first 3 months. That’s $1,250 toward travel when you redeem through Chase Ultimate Rewards(R).  Learn more here
– 2x points on dining
– 2x points on travel
– Also get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021
– Insurance benefits include Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
– No foreign transaction fees
– 1 to 1 transfer to many airline & hotel programs has partnered with CardRatings for our coverage of credit card products. and CardRatings may receive a commission from card issuers.

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  1. I currently have a Preferred card but don’t use it much. Had it for a long time. If I go ahead and cancel, when can I expect to be able to reapply for the Preferred and get the bonus?

    • There’s mixed data points on this. Some people say it is 24 to 48 months after you received the last bonus on the card while others say it is 24 months after you cancel the card. Your best bet is to call Chase to see what they say.

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