Every so often, a credit card offer comes along that makes the entire Daily Drop team sit up a little straighter. This is one of those offers.
Right now, the Chase Sapphire Preferred® Card is offering a limited-time offer of up to 100,000 Chase Ultimate Rewards® points — and yes, that’s a huge deal.
Let’s break down why this offer is worth your attention.
Limited-Time Chase Sapphire Preferred Offer
The current offer on the Sapphire Preferred is pretty sweet: Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
To put it in perspective, the last time we saw a 100K-point bonus was back in June 2021 — so yeah, Chase has our attention.
100,000 points are worth at least $1,250 in travel through the Chase Travel℠ portal. But with the right strategy, those points could stretch even further as Ultimate Rewards Points are some of the most flexible points on the market.
Why You Should Get the Chase Sapphire Preferred
The Sapphire Preferred has been a go-to card for travelers and points collectors for years — and for good reason.
Here’s what it brings to the table:
2x points on travel and dining
3x points on select streaming services and online grocery purchases
5x points on travel booked through Chase Travel℠
Primary rental car insurance
No foreign transaction fees
10% anniversary points bonus
It also unlocks Chase’s full suite of transfer partners, which means you can move your points to programs like World of Hyatt, Air Canada Aeroplan, and Virgin Atlantic for some pretty sweet redemptions.
This is all for a modest annual fee of just $95 per year.
How to Maximize Chase Ultimate Rewards
Here’s where things get fun. Chase Ultimate Rewards® points are incredibly valuable, especially when used wisely.
When you use your Sapphire Preferred points through the Chase Travel℠ portal, they’re worth 25% more — turning your 100,000 points into $1,250 in flights, hotels, rental cars, and more.
Or, if you’re looking to level up your travel game, transfer your points to one of Chase’s 14 airline and hotel partners, including:
Air Canada Aeroplan
Singapore Airlines KrisFlyer
You can easily score 2 cents or more per point with the right redemption. Think: business class flights to Europe, beachfront hotel stays in Hawaii, or bucket-list trips that feel way out of budget — but aren't.
Chase also frequently runs transfer bonuses, so you can stretch those points even further if you time things right.
Best Cards to Pair With the Sapphire Preferred
Want to get even more out of your Sapphire Preferred? Pair it with one of these cards for a serious power combo:
Chase Freedom Unlimited®: This card earns 1.5% cash back on every purchase (plus a bonus 1.5% back on up to $20,000 spent in your first year). When paired with the Sapphire Preferred, that cashback becomes Ultimate Rewards points, which means you’re earning even more transferable points on your everyday purchases. Plus, it has as $0 annual fee, making it a perfect tag-team partner.
Capital One Venture X Rewards Credit Card: This card comes with things like airport lounge access, an annual travel credit, and unlimited 2x miles on everything. It also gives you access to different transfer partners like Turkish Airlines, Wyndham, and Qantas, making it a great complement to Chase’s program. If you like the idea of diversifying your points (and having more travel perks), this one’s a strong contender.
Bottom Line
This 100,000-point offer on the Sapphire Preferred is one of the best travel credit card offers we’ve seen in years — and it won’t be around forever.
Whether you're new to points and miles or just looking to top off your travel stash, there’s never been a better time to get the Sapphire Preferred, so if it’s been on your radar, now’s the time to act.