Last Chance: Earn 75,000 Valuable Points with the Chase Sapphire Preferred
The Chase Sapphire Preferred® Card is one of the best travel rewards credit cards for beginners, offering lucrative earning rates, valuable perks, and versatile rewards — all for an affordable annual fee of $95. Right now, the card is offering its highest sign-up bonus in almost a year, making it an ideal time to apply. However, this offer is ending soon, so this is your last chance to take advantage of this limited-time opportunity.
Sign-Up Bonus Details
You can earn 75,000 Chase Ultimate Rewards points after spending $4,000 on purchases within the first three months of account opening. These points are valued at $1,538 according to The Points Guy’s valuation. The regular bonus on this card is typically 60,000 points, making this elevated bonus a significant opportunity.
It’s worth noting that the same bonus is available on the premium version of this card, the Chase Sapphire Reserve®. Along with Bilt Rewards points, Chase Ultimate Rewards points are considered the most valuable points of any credit card issuer.
Why You Should Apply for the Chase Sapphire Preferred
The Chase Sapphire Preferred is an excellent choice, especially since it allows you to rack up points quickly after earning the sign-up bonus.
Generous Bonus-Earning Categories
The Chase Sapphire Preferred offers several generous bonus-earning categories, making it easy to accumulate points on everyday spending:
| Category | Points Earned per Dollar Spent |
|---|---|
| Travel booked through the Chase Travel℠ portal | 5 points |
| Lyft rides (through March 2025) | 5 points |
| Dining (including restaurants and eligible delivery services) | 3 points |
| Select streaming services | 3 points |
| Online groceries (excluding Target, Walmart, and wholesale clubs) | 3 points |
| All other travel purchases | 2 points |
| All other purchases | 1 point |
Additional Benefits
In addition to the bonus points, cardmembers also receive a 10% annual point bonus based on their total spend during the account anniversary year, at a rate of 1 point for each $1 spent. For example, if you spend $20,000 on the card in a year, you’ll get an extra 2,000 points.
Chase Ultimate Rewards points can be transferred to 14 airline or hotel partners, including valuable programs such as Air Canada Aeroplan, Air France-KLM Flying Blue, and World of Hyatt. This allows you to maximize your rewards by booking aspirational business-class tickets or picturesque stays at island resorts for far less than their cash equivalent.
Transfer Partners
Chase Ultimate Rewards points are highly valuable due to their flexibility. You can transfer points to the following travel partners:
- Airlines:
- Aer Lingus AerClub
- Air Canada Aeroplan
- British Airways Executive Club
- Emirates Skywards
- Flying Blue (Air France/KLM)
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
- Hotels:
- IHG Rewards Club
- Marriott Bonvoy
- World of Hyatt
This flexibility allows you to book award travel through a variety of programs, often at a better value than using points directly through Chase.
How to Make the Most of Your Chase Sapphire Preferred Card
To fully leverage the benefits of the Chase Sapphire Preferred, here are some strategies:
- Book Travel Through Chase Travel℠: Earn 5 points per dollar on travel bookings.
- Use Lyft Until March 2025: Earn 5 points per dollar on Lyft rides.
- Dine Out: Earn 3 points per dollar on dining at restaurants and eligible delivery services.
- Stream Your Favorites: Earn 3 points per dollar on select streaming services.
- Shop for Groceries Online: Earn 3 points per dollar on online groceries (excluding Target, Walmart, and wholesale clubs).
- Travel Frequently: Earn 2 points per dollar on all other travel purchases.
- Enjoy Everyday Spending: Earn 1 point per dollar on all other purchases.
- Transfer Points: Maximize your rewards by transferring points to airline and hotel partners.
Statement Credits and Other Perks
Cardholders can also take advantage of other valuable perks:
- $50 Annual Ultimate Rewards Hotel Credit: Earn $50 in statement credits each account anniversary year for hotel stays purchased through the Chase Travel portal.
- Anniversary Points Bonus: Earn a bonus equal to 10% of your total purchases made the previous year.
- No Foreign Transaction Fees: Save money on international purchases with no foreign transaction fees.
