Chase Sapphire Preferred Card’s Standard Welcome Bonus Increases From 60K to 75K Points

Debuting over 15 years ago, the Chase Sapphire Preferred^® Card has solidified its reputation as one of the top travel credit cards.

Historically, new applicants have been able to earn 60,000 bonus points after meeting the initial spending requirements — a welcome bonus offer that remained competitive over the years. Now, Chase has made a significant change by permanently bumping up the bonus by 25%.

Let’s go over the details of this welcome bonus offer and its potential value for travel.

Chase Sapphire Preferred Card — Overview

Amidst the growing trend of increasing annual fees, the Chase Sapphire Preferred card still maintains its $95 annual fee. In exchange, travelers can enjoy flexible rewards points across numerous bonus categories, comprehensive travel insurance benefits, primary rental car insurance, and waived foreign transaction fees. There’s even an annual $50 hotel credit available on the card.

Over the past 5 years, the Chase Sapphire Preferred card has consistently offered a standard welcome bonus offer of 60,000 points. Periodically, Chase has boosted this welcome bonus offer once (or twice) a year, providing a temporary opportunity to earn additional points — though it has reliably returned to the 60k baseline.

Now, Chase has rolled out a major change to increase the new standard: 75,000 bonus points after spending $5,000 on eligible purchases in the first 3 months of account opening.

According to our points and miles valuations, Chase Ultimate Rewards points are worth 2 cents each. In other words, the updated standard welcome offer is worth an impressive $1,500 in travel redemptions. That’s outstanding value for a card with an annual fee under $100.

Can You Earn Another Chase Sapphire Preferred Card Welcome Offer?

If you already have the Chase Sapphire Preferred card, you may qualify for the welcome bonus offer again — provided it’s been at least 48 months since you last received a bonus on either the Chase Sapphire Preferred card or the Chase Sapphire Reserve^®.

You can check the details of your free credit report to confirm when you opened the account with Chase. If you’re confident it has been more than 48 months since you received a welcome bonus offer from either Sapphire card, follow these steps:

• Downgrade your Chase Sapphire Preferred card to a no-annual-fee Chase card
• Wait at least a couple of weeks
• Submit a brand-new application for the Chase Sapphire Preferred card to be eligible for another welcome bonus offer

Is the Chase Sapphire Preferred Card 75K Welcome Offer Worth It?

Chase Ultimate Rewards points hold exceptional value, thanks to their high-quality transfer partners. With a 1:1 transfer ratio to major airline and hotel loyalty programs, it’s possible to unlock outstanding redemption rates — sometimes exceeding 5 cents per point.

Here are just a few ways to maximize this welcome bonus offer.

Fly in Japan Airlines Business Class

JetBlue TrueBlue announced a unique partnership with Japan Airlines earlier this year, and you can book business-class tickets to Tokyo for an incredibly low rate. Flights between the West Coast and Japan cost 64,000 JetBlue points, while flights between the East Coast and Japan cost 79,000 points.

With a 1:1 transfer rate from Chase to JetBlue, this is one of the best ways to book a premium ticket to Japan for less. After all, business-class tickets to Japan often cost $3,000 to $4,000 one-way, so you’re getting an amazing deal with your new stash of Chase Ultimate Rewards points.

Book 10+ Domestic One-Way Tickets

Chase Ultimate Rewards is one of our favorite loyalty currencies because it boasts the most domestic airline transfer partners of any credit card program. Beyond JetBlue, you can also move your points over at a 1:1 rate from Chase to Southwest Rapid Rewards and United MileagePlus.

While award rates are tied to demand, you can often find excellent deals on domestic flights.

It’s not uncommon to find flights for under 10,000 points and miles in each program, so you can score a flurry of one-way flights for just the cost of taxes and fees ($5.60).

Stay 2 Nights at the Grand Hyatt Deer Valley

With a $5,000 minimum spending requirement in the first 3 months to earn the Chase Sapphire Preferred card’s welcome bonus offer, you’ll also accumulate at least 5,000 additional points. With a pool of 80,000 Chase points, you can transfer a good chunk of them to World of Hyatt to book one of the best new hotels in Park City, Utah.

During peak ski season, you can book a standard guest room with 2 queen beds for 29,000 points per night. Nightly rates will often soar to nearly $1,000 at the new Grand Hyatt Deer Valley, so this is a great way to get maximum value from a winter vacation if your family loves to ski.

Final Thoughts

It’s great to see that Chase has permanently rolled out a better welcome bonus offer for one of its most popular travel cards. The Chase Sapphire Preferred card remains affordable and valuable for travelers looking to maximize their everyday spending and turn it into epic travel adventures.