How To Find the 80K or 100K Bonus Offer for the Chase Sapphire Preferred Card [November 2024]

The Chase Sapphire Preferred^® Card is easily one of the most popular travel rewards cards available, thanks to its bonus categories, benefits, welcome offer, and the fact that it earns Chase Ultimate Rewards points.

As with most credit cards, the welcome offer for the Chase Sapphire Preferred card can vary. So, if you’re hoping to get the biggest offer possible, here are a few ways to help increase your chances.

Benefits Summary

Before we dive into how you can get the highest welcome bonus offer possible on the Chase Sapphire Preferred card, let’s take a look at some of the card’s best benefits to see if it’s a good fit for you.

BEST BEGINNER CARD

Chase Sapphire Preferred^® Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

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Chase Sapphire Preferred^® Card

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

60,000 bonus points

UP's Bonus Valuation*:

$1,200

Annual Fee

$95

APR

20.74% - 27.74% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

The Chase Sapphire Preferred^® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.

Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.

Pros & Cons

Pros

• 5x points on all travel booked via the Chase Travel portal
• 5x points on select Peloton purchases over $150 (through March 31, 2025)
• 5x points on Lyft purchases (through March 31, 2025)

Cons

• $95 annual fee
• No elite benefits like airport lounge access or hotel elite status

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Card Highlights

• Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
• Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
• Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
• Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
• Member FDIC

Financial Snapshot

• APR: 20.74% - 27.74% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

Bonus Categories

• 5x points on travel purchased through Chase Travel
• 5x points on select Peloton purchases over $250 (through March 31, 2025)
• 5x points Lyft (through March 31, 2025)
• 3x points on online grocery purchases, excluding Target, Walmart, and wholesale clubs
• 3x points on dining at restaurants, including eligible delivery services and takeout
• 3x points on select streaming services
• 2x points on all other travel purchases
• 1x points on all other purchases

Other Key Benefits

• Primary Rental Car Coverage — Your rental car is covered for theft and damage in the U.S. and most countries around the world.
• Annual Hotel Credit — Receive an annual statement credit of up to $50 toward a hotel stay purchased through the Chase Travel portal.
• Annual Bonus Points — Receive a 10% bonus on your annual spend on your card as bonus points on your account anniversary (i.e. spend $30,000 and receive 3,000 bonus points).
• Trip Cancellation/Interruption Insurance — If you need to cancel or cut a trip short for covered issues (like severe weather or an illness), you’re eligible for up to $10,000 of coverage for prepaid, nonrefundable travel expenses.
• Baggage Delay Insurance — If your checked baggage is delayed more than 6 hours, you can receive $100 in reimbursements for essential items per day for up to 5 days.
• Trip Delay Reimbursement — If you pay for your trip with the Chase Sapphire Preferred card and it is delayed for 12 or more hours, or long enough to require an overnight stay, you’re eligible for reimbursement of up to $500 per ticket in reasonable expenses.
• Purchase Protection — Your new purchases are covered for up to 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
• Extended Warranty Protection — A U.S. manufacturer’s warranty is extended by a year.
• 25% Point Bonus Through Chase Travel Portal — Your points are worth 1.25 cents apiece, instead of 1 cent, when redeemed through the Chase Travel portal.

Find The Best Chase Sapphire Preferred Welcome Bonus Offer

While the standard offer on the Chase Sapphire Preferred card is usually pretty solid, you always want to make sure you’re getting the best offer possible. Here are a few ways to try and track down a higher offer.

Increased Public Welcome Offer — Easiest Way

Naturally, one of the best ways to track down a higher welcome offer is by not having to track it down at all! Occasionally, Chase will offer an increased welcome offer available to everyone for a limited time.

The current public welcome offer is: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

Ultimate Rewards points are worth more when redeemed through Chase Travel — and even more when transferred to one of the Chase transfer partners.

Utilize CardMatch

CardMatch is a tool that allows users to check for targeted offers from banking partners. Many of the larger U.S. banks, like Chase and American Express, publish these targeted offers on CardMatch, revealing those offers to users who use the CardMatch tool.

If you want to make sure you’re prequalified for a card before you apply, CardMatch offers that, as well. While this does not guarantee approval, the likelihood of getting approved improves significantly compared to someone who applies for a card through its website.

Just be aware that there’s no guarantee that you’ll see better offers than what’s publicly available. But it’s worth checking out, especially as it’s free and your credit doesn’t get pulled.

Here’s the information that you need to provide CardMatch with to use the tool to see your offers:

• Full name
• Address
• Last 4 digits of your Social Security number

While you may have reservations about providing the last 4 digits of your Social Security number, the entire website is secured using 256-bit encryption, and it’s a PCI Level 1-compliant organization, which means it offers the same level of security as a bank would.

Furthermore, when you insert these details into CardMatch, you will not receive a hard pull on your credit report. This information is only used to match you with any targeted offers you’re eligible for.

Targeted Mailings From Chase

Another great option to increase your odds of receiving a higher offer is by opting into targeted mailings from Chase. Luckily, it’s pretty simple to do so.

First, log in to your account and click over to your Profile, then Settings. Once there, select Marketing Preferences, and then make sure you’ve selected Yes to receive special offers from Chase, which includes credit card offers!

Is The 80K-100K Point Bonus Worth It?

Without a doubt, the main reason why the Chase Sapphire Preferred card’s 80,000- or 100,000-point welcome offers are worthwhile is the amount of value they can offer you.

Consider that merely redeeming these welcome offers for cash-back would offer $800 to $1,000 in value to you. But if you were to redeem your points through the Chase travel portal, with a 25% bonus as a benefit of your Chase Sapphire Preferred card, your value would increase to $1,000 in travel for the 80K offer and $1,250 in travel for the 100K offer.

That said, you could potentially receive even more value than that by making strategic use of the Chase transfer partners. By redeeming your points this way, you can book business and first class flights, along with 5-star hotel stays, for a fraction of what these experiences would usually cost — giving you far more value than 1 to 1.25 cents per point.

Credit Score Required

There is no set credit score that will guarantee that you will be approved for the Chase Sapphire Preferred card. That said, if you have Good to Excellent (670 to 850) credit score, plus a couple of years of clean credit history, you should have reasonably good approval odds.

History of Chase Sapphire Preferred Welcome Offers

In the past, welcome offers for the Chase Sapphire Preferred card have generally ranged from 60,000 points to 80,000 points, but the highest-ever welcome offers have been 100,000 points.

Do Welcome Offers Happen More Than Once?

Both the 80,000-point and 100,000-point offers have happened more than once. We cannot say definitively whether they will be offered again, but, based on the history of offers, it is likely that you’ll see them again.

So, if you missed out on the 80,000- to 100,000-point welcome offer before, there is a decent chance that you’ll have the opportunity again.

Chase Sapphire Preferred: Multiple Welcome Offers Possible?

Both Sapphire-branded cards from Chase, the Chase Sapphire Preferred card and the Chase Sapphire Reserve^®, have a 48-month rule. This means you’re not eligible to receive the welcome bonus offers on either card if you’ve already received one within the last 48 months.

If it has been more than 48 months since you last received the bonus, you would need to downgrade your card and then reapply for the Chase Sapphire Preferred card to receive the bonus a second time.

Best Ways To Redeem the 80K to 100K Welcome Offer

There’s no shortage of excellent ways to put a welcome offer of 80,000 to 100,000 Chase points to good use.

You could book business class flights between the U.S. and Europe via the Air France-KLM Flying Blue program for as low as 50,000 points in each direction. Or you could book short-haul tickets aboard American Airlines via British Airways Executive Club for as low as 7,500 or 9,000 points, depending on the distance. Or you could even book top-notch hotel stays at Hyatt properties around the world.

Hot Tip:

If you need more inspiration, read our ultimate guide on the best ways to redeem your Chase points for maximum value.

Reasons You May Not Be Able To Get a Higher Welcome Offer

Chase’s 5/24 Rule

The Chase Sapphire Preferred card is subject to the Chase 5/24 rule. If you’re not familiar with it, the 5/24 rules limit new applicants from opening certain cards with Chase if they have previously opened 5 or more new credit cards in the last 24 months.

Keep in mind that this mostly applies to new personal credit cards — many business credit cards, personal loans, auto loans, etc., are not counted toward your 5/24 total.

So, if you’ve opened 5 or more new accounts over the past 2 years, you will not be approved for the Chase Sapphire Preferred card, even if you track down a higher welcome offer.

Low Credit

If you currently have a low credit score, your odds of getting approved for the Chase Sapphire Preferred card are much lower, regardless of how large a welcome offer you’re applying for.

If you were recently denied for the Chase Sapphire Preferred card, or think you would be denied if you applied, then your main priority should be to improve your credit score.

You’ve Said No to Marketing Offers

This one is easy to overlook, as Chase cannot send you marketing offers if you do not opt-in to receive them. If you want to limit the amount of snail mail you receive, you’re better off avoiding this, but if you want targeted offers mailed straight to you, you have to opt in!

Final Thoughts

Overall, the Chase Sapphire Preferred card is an excellent travel credit card, especially for beginners and those new to points and miles.

If you’re considering adding the Chase Sapphire Preferred card to your wallet, be sure to do some research so that you can make sure you’re getting the best offer possible. Once you’ve earned the bonus, then comes the fun part of deciding how to redeem your Chase Ultimate Rewards points!