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[Expired] Chase Sapphire Preferred Card 60k Plus $300 Travel Credit Welcome Bonus Offer [Last Call!]

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Juan Ruiz
Edited by: Nick Ellis
& Jestan Mendame
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Update:The offer mentioned below has expired and is no longer available.

One of the most popular travel rewards credit cards around is currently offering a generous welcome bonus offer, which is set to end on November 14, 2024.

Let’s look at this offer and see if it’s a good fit for your wallet.

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Chase Sapphire Preferred Card’s Welcome Bonus Offer Details

The elevated welcome offer for the Chase Sapphire Preferred card is nearing the finish line, and new applicants can earn the following current offer:

  • Earn 60,000 bonus points and a $300 Chase Travel credit after spending $4,000 in the first 3 months.

The points from the welcome bonus offer alone are worth at least $600 in cash-back or $750 when you redeem them through the Chase Travel portal. But we value the welcome bonus offer at $1,200, thanks to the value you can receive by strategically using Chase’s airline and hotel transfer partners.

Grand Hyatt Baha Mar Adult Pool
With the Chase Sapphire Preferred card’s welcome bonus offer, you can get a few free nights at the upscale Grand Hyatt Hotel Baha Mar in the Bahamas. Image Credit: Nick Ellis

The welcome offer on the Chase Sapphire Preferred card is not just a very good welcome offer, it’s also a great choice for beginners to points and miles, as well as seasoned pros who have been earning and redeeming points for years.

Hot Tip:

Its welcome bonus offer will expire on November 14, 2024, and will be replaced with a less generous welcome bonus. Taking advantage of this elevated offer now before it expires allows you to earn more bonus points.

Chase Sapphire Preferred Card Earnings and Benefits

As one of the best travel rewards credit cards on the market, the Chase Sapphire Preferred card features a welcome bonus offer when you meet the minimum spend requirements. Here is the current welcome offer:

  • Earn 100,000 points after spending $5,000 on purchases in the first 3 months.

The Chase Sapphire Preferred card earns Chase Ultimate Rewards points according to the following structure:

  • 5x points per $1 spent on all purchases through the Chase Travel portal
  • 5x points per $1 spent on Lyft rides (through September 30, 2027)
  • 5x points per $1 spent on select Peloton purchases over $150 (through March 31, 2025)
  • 3x points per $1 spent on dining, online grocery purchases, and select streaming services
  • 2x points per $1 spent on all other travel purchases
  • 1x point per $1 spent on all other purchases

Plus, the card includes excellent benefits like a $50 annual hotel statement credit and annual bonus points equal to 10% of your total purchases made the previous year, along with valuable travel insurance protections like trip delay insurance, baggage delay insurance, rental car insurance, and more.

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Final Thoughts

The Chase Sapphire Preferred card is beloved, and it’s easy to see why. The card packs a punch with a low annual fee, excellent bonus categories, and some incredibly valuable perks. If you’ve been considering getting this travel rewards credit card, now is your final chance to apply for this limited-time increased offer, which will end on November 14, 2024.

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About Juan Ruiz

Juan has extensive experience in writing and editing content related to credit cards, loyalty programs, and travel. He has been honing his expertise in this field for over a decade. His work has been featured in various prestigious publications, such as USA Today, CNN Underscored, Forbes and The Points Guy. Juan is the visionary behind JetBetter, a premier award booking concierge service.

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