Best. Offer. Ever. Chase Sapphire Preferred 100,000 Bonus Points. Act Now!!

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Chase has increased the initial offer for the Chase Sapphire Preferred® Card to 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This is one of the best card deals I’ve ever seen.

Chase has recently offered as much as 80,000 points as an initial bonus for the card. Last year that was probably the ‘deal of the year’. Now they’ve increased it by 25% above that, without even raising the spending requirement required to earn this bonus. And most readers can do $4000 spend within 3 months on a card ($1,333.33 per month) even without prepaying bills and the like.

  • Earning: Double points on travel and dining at restaurants

  • Transfer points to airlines and hotels: points transfer to United, Hyatt, Southwest, British Airways, Virgin Atlantic, Singapore Airlines, Air France KLM, JetBlue, Aer Lingus, Iberia, Emirates, Marriott, IHG Rewards Club.

  • Or use them for statement credits: The new Pay Yourself Back tool lets you redeem points at 1.25 cents apiece in value against eligible card charges in rotating categories (or as always against paid travel booked through Chase’s portal at 1.25 cents apiece).

  • Food delivery benefit: Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DoorDash’s DashPass (activate by December 31, 2021).

  • Peleton credit: You can also get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

That’s on top of standard benefits like no foreign transaction fees and primary car rental collision, trip cancellation/interruption, lost luggage coverage and more. And your Chase Sapphire Preferred® Card can be a ‘Chase Hub’.

If you have a Sapphire Preferred then consider also a no annual fee Chase Freedom Unlimited® which earns at least 1.5x on everything. While that card’s points do not transfer directly to airline or hotel programs, you can combine them into a Sapphire Preferred account, and from there to participating airline or hotel loyalty programs. This way you’ll never have to earn less than 1.5 points per dollar on spending again.

You’re not not eligible for this $95 annual fee card’s bonus if you’ve gotten a bonus for this card or for the Chase Sapphire Reserve card in the past 48 months, and Chase’s 5/24 applies which means to be approved you generally need to have opened fewer than 5 new card accounts in the past 24 months.

Chase Sapphire Preferred® Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. LOL remember when you had to say 80k was ‘best ever’ when you knew your readers knew it was widely avail at 100k before!

    We all knew this offer was a matter of time

  2. @ Gary — The offer isn’t insane, but the 5/24 rule is! They could change that stupid rule and get more customers without having to increase the welcome offers.

  3. Is there a way to see on your credit report when you last had a reserve or sapphire card? All I seem to be able to see is JPMCB but not the name of the card and can’t remember when I last had the reserve.

  4. Can I get this bonus if I currently have the CSR card and got the bonus upon it’s debut years ago? Would I need to cancel the CSR card in order to get this?

  5. Dumb question: if a friend added me to a different Chase card as a secondary card holder (to help him meet the minimum spend) would that count as 1 for the 5/24 rule?

  6. I believe you can’t get this bonus if you presently have either of the Sapphire cards or if you’ve had either Sapphire cards and received a bonus within the last 48 months.

    I’ve been watching this and waiting to reach the 48 month mark

  7. I called Chase. You’d need to cancel the CSR and wait 30 days.
    Then they may or may not approve you.

  8. If I just got the card with the 80,000 bonus, do you think they will give me the 100,000?

  9. Same question as Brian’s re getting 100K if signed up for 80K. Probably wishful thinking. But IIRC occasionally credit card companies have grandfathered increased offers for folks who’ve recently signed up.

  10. @Gene – you might be younger. Yes CSR had 100k, but the Preferred had a lucrative 100k offer the blogs popularized shortly after its launch 10+ years ago.

  11. I signed up on Tuesday, June 1 for the 80K and waived first year fee in branch. Tried calling Chase, also had my banker ask, but could not get the offer changed to the 100k one, even though I had not yet even received my card. YMMV, but this was my experience

  12. @Losingtrader – don’t cancel! Just product change to a no annual fee card like the Freedom or Freedom Unlimited, that way you keep your credit history, credit line, and it clears out of their system faster than if you cancel a card. I downgraded my husband and my CSRs to Freedoms and then we applied for the CSP a week later. Could have done it much sooner I think but played it safe by waiting a full week.

  13. You can get 100,000 Ultimate Rewards bonus with the annual fee waived for the first year and a $50 statement credit at grocery stores if you go into a Chase branch.

  14. Except this isn’t the “Best. Offer. Ever”. If you walk into a Chase branch and apply you get 100k points for 4k spend as well, but they also will waive the AF for the first year and on top of that they will give you a $50 grocery store credit.

  15. I’m confused why the date of this post is updated to today, 7/23/21, but the actual post is from June. I don’t see anything new?

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