Exciting news for potential Chase Sapphire Preferred® Card customers! A new welcome bonus of 100,000 points is up for grabs starting April 2, 2025. To qualify, you’ll need to spend $5,000 within the first 3 months of opening your account.
This offer represents a 40,000-point increase from the previous promotion, although the spending requirement has also gone up by $1,000.
Previously, the 100,000-point bonus was exclusive to in-person applications at Chase branches, but it’s now also available for online applicants.
Opportunities like this one for the Chase Sapphire Preferred® Card don’t come around often. In June 2021, the bonus was 100,000 Chase Ultimate Rewards® points with a $4,000 spend requirement. More recently, in October 2024, a dual bonus allowed for over $1,000 in value, combining a $300 travel credit with 60,000 points for spending $4,000 in three months.
When redeemed for travel through Chase, the new bonus is worth $1,250. Alternatively, you can transfer the points to Chase’s travel partners.
Complete list of Chase transfer partners
Aside from the new bonus, the card’s features remain unchanged. You’ll still earn:
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5 points per $1 on travel booked through Chase.
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3 points per $1 on dining, including takeout and eligible delivery services.
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3 points per $1 on online grocery purchases (excluding Target, Walmart, and wholesale clubs) and select streaming services.
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2 points per $1 on other travel purchases.
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1 point per $1 on all other purchases.
Additionally, you’ll receive $50 in annual statement credits for hotel bookings made through Chase. Each year on your card anniversary, you’ll get a point bonus equivalent to 10% of your previous year’s spending. The card’s annual fee remains $95.