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

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.

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.

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.

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:

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 ins and outs 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.

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 Offer Valuation*:

$1,200

Annual Fee

$95

APR

20.49% - 27.49% 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, up to 25,000 total points (through December 31, 2027)
• 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^SM, 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^SM. 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: 20.49% - 27.49% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

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.

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.