Chase Sapphire Preferred 100K Points: The Best Offer Yet Is Ending Soon

If you've been eyeing the Chase Sapphire Preferred, now is the time to jump. Chase has confirmed that the current 100,000-point sign-up bonus is ending soon. This matches the highest public offer we've ever seen on this card, and it's a full 40,000 points more than the standard 60,000-point bonus. Here's everything you need to know before this window closes.

Why This Offer Stands Out

The standard sign-up bonus on the Sapphire Preferred is 60,000 points. Occasionally, Chase bumps it to 75,000. But 100,000 points? That's the top-tier bonus, and it's only been available a few times. With a $95 annual fee and a $5,000 minimum spend over three months, you're essentially getting $1,000 in travel value (if you redeem through Chase Travel or transfer to partners) for a relatively modest outlay.

This card also packs a ton of ongoing value. The $100 hotel credit each year effectively knocks your effective annual fee down to -$5 if you use it. Add in the DashPass membership, the Apple TV+ perk, and the primary rental car insurance, and it's a no-brainer for frequent travelers.

• 100,000 points = at least $1,000 in travel via Chase Travel or transfers
• Effective annual fee can be negative after the hotel credit
• No foreign transaction fees make it a great travel companion

What to Watch Out For

First, the 5/24 rule is real. If you've opened five or more credit cards (from any issuer) in the past 24 months, you'll likely be denied. Second, Chase's bonus eligibility rules are strict: you can't get this bonus if you currently have the Sapphire Preferred or have received a bonus for it before. Also, the $100 hotel credit only applies to bookings made through the Chase Travel portal, so you'll need to use their platform to get that value.

One more thing: the Apple TV+ offer is a one-time deal, not ongoing. You need to activate it by December 31, 2026. And the DashPass membership is for 12 months, but the $10 monthly promo runs through December 31, 2027, so you'll get that benefit even after the membership expires if you keep the card.

• Chase 5/24 rule may block approval if you've opened many cards recently
• Hotel credit requires booking via Chase Travel portal
• Apple TV+ activation deadline: Dec 31, 2026

How to Make the Most of the Points

The real power of Chase Ultimate Rewards points comes from transferring them to travel partners. For example, transferring to Hyatt often gives you 2 cents per point or more in value, especially for luxury properties. United and Southwest are also solid options. If you're not into transfers, you can redeem through Chase Travel at 1.25 cents per point, which still gives you $1,250 for your 100k bonus.

Just remember: the bonus is tied to spending $5,000 in three months. If you can't hit that naturally, consider paying for a planned expense like a vacation or home improvement. Don't overspend just for the points.

• Hyatt transfers offer some of the best value (4:3 ratio, but still strong)
• Chase Travel portal redemption gives 1.25 cents per point
• Plan your $5,000 spend carefully to avoid unnecessary debt

Bottom Line

• This is the highest public bonus ever on the Chase Sapphire Preferred—act before it ends.
• The $95 annual fee is easily offset by the $100 hotel credit and other perks.
• Points transfer to Hyatt, United, and other partners for outsized value.
• Watch out for the 5/24 rule and bonus eligibility restrictions.

Common Questions