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To kick off the summer travel season, Chase Sapphire Preferred® just launched an incredible limited-time offer. If you're already familiar with the perks of this fan-favorite card, you'll be thrilled to learn about the new bonus offer – a whopping 75,000 points. Let's break down the details of this fantastic deal.

Chase Sapphire Preferred®

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Secure application on issuer’s website

  • Our Rating 5/5 How our ratings work Read the review
  • APR21.49% - 28.49% (Variable)
  • Annual Fee$95
  • Sign Up Bonus 75,000Chase Ultimate Rewards Points More Info

    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 Travel℠. Dollar Equivalent: $1,725 (75,000 Chase Ultimate Rewards Points * 0.023 base)

The Chase Sapphire Preferred Card is one of the gold standards for earning travel rewards. It has a generous sign-up bonus and you can earn points on travel and dining expenses. The card does have an annual fee, but you can continue earning points through bonus categories and an anniversary points boost.

Overview

The Chase Sapphire Preferred is pretty flexible as it lets you transfer rewards points into miles or points several airlines and hotel programs. You can take advantage of strong transfer partners such as United, Southwest, Singapore Airlines, Virgin Atlantic and Hyatt. Similarly, you can book any reservation you want through the Chase Travel℠ portal. Although the card might not be ideal for the most frequent travelers, it has a built-in upgrade path, so when it’s time to level up your travel rewards game, you won’t have to start from scratch.

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Pros

  • Points are easily transferable to airlines and hotel partners
  • Accelerated earnings on dining, travel & household purchases
  • Excellent travel and purchase protections
  • No foreign transaction fees

Cons

  • Not ideal for the highest spenders
  • $95 annual fee

How to Earn 75,000 Bonus Points

Here’s what Chase just laid on the table for those who apply and get approved for the Chase Sapphire Preferred Card. 

  • It’s a limited-time offer for new cardholders
  • Earn 75,000 points after spending $4,000 on purchases within the first three months of account opening
  • Redeem points for over $900 when redeemed through Chase Travel℠ or $750 cash back
  • Based on our points and miles valuation, this bonus could potentially worth $1,725+ when redeemed strategically for travel through one of Chase's numerous airline and hotel partners.
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10 Ways to Redeem 75,000 Chase Ultimate Rewards Points for Travel

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While this bonus is unarguably valuable, it's not the highest we've ever seen Chase offer for this card. Back in 2021, Chase offered a 100,000-point bonus to new Chase Sapphire Preferred cardholders, and we've seen bonuses of 80,000 points or more as recently as 2023.

At the same time, the current offer is more in-line with similar limited-time bonuses we've seen in 2024, and likely reflects current macroeconomic trends. Plus, this card's elevated bonuses have steadily decreased since 2021, so it's unlikely we'll see a better offer in the near future.

It's also worth noting that the required spend for this limited-time offer is the same as it typically is for Chase Sapphire Preferred bonuses. This makes now one of the best times to apply for a new Chase Sapphire Preferred Card, as you can earn an extra-large bonus with no additional effort required.

Chase Sapphire Reserve®

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Secure application on issuer’s website

Rates & Fees
  • Our Rating 4.5/5 How our ratings work Read the review
  • APR22.49% - 29.49% (Variable)
  • Annual Fee$550
  • Sign-Up Bonus 75,000Chase Ultimate Rewards Points More Info

    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 Travel℠. Dollar Equivalent: $1,725 (75,000 Chase Ultimate Rewards Points * 0.023 base)

This card features an annual credit for travel purchases, which can offset the annual fee, plus bonus points when you sign up. You'll also get free access to tons of Priority Pass lounges and restaurant options around the world, along with access to the Chase Sapphire Lounge network.

Overview

If you’re looking to elevate your travel experience, look no further than the Chase Sapphire Reserve. When you first get approved, you’ll earn a generous sign-up bonus that can be used for travel-related spending booked through Chase Travel℠. Transfer the points to one of Chase’s airline or hotel partners and they’re potentially worth even more.

Read the review

Pros

  • An array of premium travel perks including access to Priority Pass lounges
  • Easy-to-use $300 travel credit that helps offset card's annual fee
  • Generous rewards rates for spending

Cons

  • High annual fee may be a deterrent for some
  • Perks are starting to get stale relative to newer competition

Serious travelers may be interested to learn that the Chase Sapphire Reserve® Card is offering the same elevated bonus as the Chase Sapphire Preferred. While this card comes with a considerably heftier annual fee, it also features a host of valuable perks that help offset the cost. Notably, points are worth 1.5 cents each when redeemed through Chase Travel℠, making the bonus potentially worth $1,125.

As is the case with the current Chase Sapphire Preferred bonus, we have seen Chase offer stronger bonuses for this card in the past. However, it's been almost a decade since Chase last offered a 100,000-point bonus for this card, so this is once again likely the best offer you'll find in the near future.

Compare Chase Sapphire Cards

Card Annual Fee Rewards Rate Apply

Chase Sapphire Preferred®

$95 1x- 5xPoints More Info

Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.

Chase Sapphire Reserve®

$550 1x - 10xPoints More Info

Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.

What if You Just Signed Up for This Card?

If you recently signed up for a Chase Sapphire card, there's still a chance you may be eligible for the current bonus offer. While not guaranteed, Slickdeals users report that recent new cardholders may be able to qualify for the increased bonus if they submit a request in-branch or via Chase's customer service line.

Depending on how long ago you applied for your Chase Sapphire card, a Chase representative may or may not be able to apply an additional bonus to your account. However, based on the amount of users who claim to have done this, it's likely worth your time to try.

Can You Earn This Bonus Twice?

If you've previously received a Chase Sapphire Preferred bonus, you'll need to wait at least 48 months before you're eligible to earn another bonus from the card. Additionally, if you currently hold a Chase Sapphire Preferred, you are ineligible for this bonus.

If you're unsure about your eligibility, we recommend you contact Chase directly to gain more information about your status before applying.

Bottom Line

Remember, this 75,000-point bonus is a limited-time offer that historically only comes around once or twice a year. If you've already been considering this card for its perks, the elevated bonus offer might be enough to seal the deal for you.

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Louie Patterson

Louie Patterson is a Finance Content Manager who specializes in banking topics such as account bonuses and CDs. With over seven years of professional editorial experience, their work has appeared in several publications, including USA Today and Consumer Affairs.