New 100,000-Point Welcome Bonus on the Chase Sapphire Preferred Card [Chase’s Best Offer Ever]

Excited woman at laptop in office
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One of the most popular travel rewards cards on the market just got even more compelling.

Chase is setting the points and miles world on fire by upping the welcome bonus on the Chase Sapphire Preferred card to the highest it has ever been in the card’s 12-year history.

If you’ve been considering applying for the Chase Sapphire Preferred card, there has been (quite literally) no better time to do so!

Welcome Bonus Details

As of June 4, 2021, new Chase Sapphire Preferred cardholders can earn 100,000 bonus points after spending $4,000 on purchases within the first 3 months of account opening.

This bonus is almost 67% better than the standard bonus on the Chase Sapphire Preferred card, and is worth at least $2,000 based on our valuation of Chase Ultimate Rewards points!

Chase Sapphire Preferred Card Benefits

Of course, the welcome bonus isn’t the only great thing about the Chase Sapphire Preferred card.

The card also earns 5x points on travel purchased through Chase Ultimate Rewards, 3x points on dining, and 2x points on all other travel purchases, a complimentary DoorDash DashPass subscription, access to Chase Ultimate Rewards transfer partners, a 25% point value bonus when booking through the Chase travel portal, and excellent travel insurance protections.

Fly Delta One Business Class Round-Trip to Europe for 100,000 Points

Delta One
Delta One suite. Image Credit: Delta

Curious how you can spend a welcome bonus of 100,000 Chase Ultimate Rewards points? How about a round-trip ticket to Europe in Delta One business class? That’s right, through Virgin Atlantic, a Chase Ultimate Rewards transfer partner, you can transfer your points to fly in this luxurious cabin, equipped with a sliding door and fully enclosed suite, for just 50,000 points each way!

Hot Tip: Transferring your points to one of Chases’s airline or hotel partners is the top way to redeem your Ultimate Rewards points for amazing value!

Final Thoughts

If you’re new to the wonderful world of credit card points and miles, the Chase Sapphire Preferred card is easily one of the best starter travel rewards cards out there. From flexible rewards to great travel protections and a low annual fee, there is plenty to love about the card. Now, with this new welcome bonus, it is also one of the most lucrative to new cardholders, too!


Jarrod West

About Jarrod West

Jarrod first became fascinated with the world of points and miles as the perfect way to visit dream destinations without breaking the bank. On his first major award trip, he spent 3 months traveling through Europe, financed nearly entirely with points; while flying in premium cabins and staying in 5-star hotels along the way. Now, he is on a mission to help others realize their travel goals and upgrade their travel experiences. Jarrod has been writing about credit cards and travel loyalty programs for 4 years, and his work has been featured by Travel and Leisure, Matador Network, Yahoo Finance, and U.S. News.

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10 comments

  1. If my spouse is an authorized user on my card can she apply and get the bonus?
    Should I take her off my cards first?

    Reply

    • Hi Mark,

      If your spouse is an authorized user on your card she is still eligible to apply for her own card, and you would not need to remove her as an authorized user first.

      Reply

  2. Shabbir V June 13, 2021

    If I have a Chase Sapphire Reserve card, do I need to downgrade the card before applying? (would that even work?)

    Reply

    • Hi Shabbir,

      Yes, if it has been more than 48 months since you receive the bonus on your Reserve card, then you coyld downgrade our Chase Sapphire Reserve to either the Chase Freedom Flex or Chase Freedom Unlimited card before applying for the Chase Sapphire Preferred.

      Reply

  3. Frank Lane Clark July 28, 2021

    Jarrod, If I cancel my CSR how long would I need to wait to apply for the CSP card? Would I lose my Ultimate Reward points I now have? Thanks

    Reply

    • Hi Frank,

      Generally speaking, you would want to wait about a week before applying for the CSP card. You would not lose your Ultimate Rewards points as long as you have another card that earns Ultimate Rewards points as well. You do not necessarily need to cancel though. Instead, you could downgrade your CSR card to the no annual fee Freedom Unlimited or Freedom card – which will keep your Ultimate Rewards points and your cards credit history alive.

      Reply

  4. Any thoughts on how long this 100K bonus will last?

    Reply

  5. How soon can we use the 100k points after we hit the 4k minimum spend? Is it immediate or is there a time you have to wait?

    Reply

Any thoughts or questions? Comment below!

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