Maximize Travel Savings with the Chase Sapphire Preferred Limited-Time Bonus

The Chase Sapphire Preferred® Card is currently offering a limited-time welcome bonus that can significantly boost your travel savings this year. Typically, the card provides a 60,000-point bonus after spending $4,000 in the first three months, but the new offer increases this to 100,000 points after spending $5,000 within the same period.

While the spending requirement is higher, the additional points translate into greater value when redeemed, especially through the Chase Travel portal where points are worth 1.25 cents each. This means the 100,000 points can be redeemed for approximately $1,250 in travel bookings, including flights, hotels, rental cars, and cruises.

For example, booking roundtrip economy flights for a family of four from Charlotte to New York City through the Chase Travel portal could cost about $1,016, which the bonus points would cover entirely. Additionally, transferring points to Chase’s airline and hotel partners can yield even higher redemption values, offering savvy travelers multiple ways to maximize rewards.

If you don’t have immediate travel plans, points can also be redeemed as statement credits at a lower value of one cent per point, or through Chase’s "Pay Yourself Back" program, which offers 1.25 cents per point on select categories and charities. However, these options typically provide less value compared to travel redemptions.

Before applying, consider the card’s other benefits such as trip cancellation and interruption insurance, and weigh these against the $95 annual fee. Also, keep in mind Chase’s 48-month rule, which disqualifies applicants who have earned a Sapphire welcome bonus within the past four years.

It’s crucial to avoid accruing credit card debt to chase rewards, as high interest rates can negate the benefits of any points earned. Responsible spending and timely payments ensure you truly benefit from the card’s rewards and perks.

For those seeking alternatives, the Blue Cash Preferred® Card from American Express offers strong cash back rewards on everyday spending categories like U.S. supermarkets and streaming services, providing a different approach to maximizing credit card benefits.