I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same). Terms apply to the offers and benefits listed on this page.
In the depths of the pandemic we saw a 100,000 point offer for the Chase Sapphire Preferred® Card. We hadn’t seen a publicly available one before or since, and I don’t see any reason why we would.
When the Chase Sapphire Reserve® was first introduced eight years ago, there was also a 100,000 point offer for that card. It proved too costly for Chase and never came back.
However it’s exciting so see amped up offers for both cards now, so if you’re eligible they’re a great way to boost your Ultimate Rewards points balance – either to transfer the points to frequent travel programs (airlines, hotels) or to redeem directly for travel through Chase’s portal.
- Chase Sapphire Preferred® Card has an offer to earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s over $900 when you redeem through Chase TravelSM.
The card earns 3x on dining, select streaming services and online groceries and 2x on all other travel purchases.
Noteworthy are the protections that come with this card. You can count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more. And you can 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, 2024.
- Chase Sapphire Reserve® has an offer to earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,125 toward travel when you redeem through Chase TravelSM.
This $550 annual fee card comes with a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. The card will earn 3x points on travel and dining. And the travel protections game here is strong. For instance, as with Sapphire Preferred, rental car collision damage waiver is primary.
The card comes with easy, one-time enrollment for a Priority Pass Select with unlimited visits (including for up to 2 guests) subject only to capacity at 1300+ lounges around the world.
Current transfer partners include:
- Airlines: United MileagePlus, British Airways Executive Club, Air France KLM Flying Blue, Singapore Airlines KrisFlyer, Southwest Airlines Rapid Rewards, Virgin Atlantic Flying Club, Iberia Plus, Aer Lingus AerClub, Emirates Skywards, Air Canada Aeroplan
- Hotels: World of Hyatt, Marriott Bonvoy, IHG One Rewards
Singapore Airlines A380 Suites
Park Hyatt Hadahaa, Maldives
Now, if you’re eligible for a small business card the strongest Ultimate Rewards card initial bonus offer is Ink Business Preferred® Credit Card with 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
That card earns 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases.
I’ve been a satisfied Chase Ultimate Rewards customer for 13 years and have a seven figure points balance in the program. If you’re not already earning here it seems to make sense to do so while there are elevated offers for these cards.
10k higher offer available in Chase branches for the CSP but Gary won’t mention that because he doesn’t get his commission. This is why you should read Frequent Miler that always posts the highest offers even if they don’t get paid on it.
Here he goes again! The 100K offer never came back, not because it “proved too costly”, as you have been repeating for years, misunderstanding Chase’s CEO’s statement, but because they did not need to bring the offer back. The launch of the CSR was a seismic event so successful it went beyond anything Chase had hoped to achieve: it spooked the competition into doing better and spawned imitators all over the place. How much to you think it cost Cap One, in trying to be like the CSR, to launch the CSX that had you plastering their logo all over your website? I will tell you: probably more than it cost Chase to launch the CSR, but Cap One CEO just won’t say anything about.
The launch of the CSR was not the “Pyrrhic victory” that you have claimed it for years to be. Au contraire!
@DCS ‘tell me you don’t know anything about credit card financials without telling me you don’t know anything about credit card financials’
we don’t even need to speculate here, early product losses were reported to the sec
it’s a high rebate card that has underperformed on the APR side of the equation because the target market doesn’t revolve much
that’s why they reportedly weren’t earning back card acquisition costs
@Gary — I do not need to tell you anything as it will simply go into one ear and come out of the other without interacting with anything in between. Just look in your own archives and dig out a post that you wrote telling us how much money the CSR had contributed to Chase’s bottom line. I did ask you at the time in this space to reconcile the content of that post with your repeated claim about how Chase lost some much money launching the CSR it would never break even, when all Dimon’s comment that you misinterpreted had meant to convey was pride in their “investment” in the CSR. Other Chase executives have come out and declared the same thing, but like always, you will keep repeating the bogus claim no matter how often it is debunked. Saying that Chase lost money initially says absolutely nothing because that is the nature of all types of investments. How much did Cap One lose when they launched the CSX to try to emulate the CSR?
Let me know when you find your own post that debunked you.
G’day!
Can I have both Chase Sapphire cards?
And more importantly, can I earn 75,000 bonus points twice?