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The Chase Sapphire Preferred Welcome Kit is a fantastic perk for new cardholders. You earn 60,000 points after spending $4,000 in the first 3 months.
Here's how it breaks down: spend $4,000 in the first 3 months, and you'll get 60,000 points. That's a significant boost to your rewards balance.
These points can be redeemed for travel, dining, and other purchases, making it a versatile and valuable welcome offer.
Sapphire Card Benefits
The Sapphire Card Benefits are quite impressive, and it's no wonder why this card is a favorite among travelers. You can earn 60K points after spending $4,000 in the first 3 months, which can be a game-changer for your travel plans.
The card also offers a $785 first year value estimate, making it a solid investment for anyone looking to earn rewards. You'll also get a 10% annual point bonus, which can add up over time.
One of the standout features of the Sapphire Preferred is its earning rate, which includes 5X points on travel booked through Chase Travel, 3X points on dining, and 3X points on select streaming services. You'll also get 5X points on Lyft through March 2025 and 3X points on online grocery purchases.
Here are some of the key benefits of the Sapphire Preferred card:
- Primary auto rental collision damage waiver
- $10 monthly credit for non-restaurant DoorDash orders
- Free DashPass through 2027
- Transfer points to airline & hotel partners
- $50 back for hotel stays booked through Chase per cardmember year in the form of a statement credit
The card is also issued as a Visa Signature, which gives you access to many additional perks, including the Visa Signature Luxury Hotel Collection.
Sapphire Benefits
The Sapphire Preferred card offers a range of benefits that make it a great choice for travelers and foodies alike. You can earn 60,000 bonus points after spending $4,000 in the first 3 months, worth $750 in travel value.
The card also offers 2x points on travel purchases, making it a great option for those who frequently book flights or hotels. Plus, you'll earn 3x points on restaurants, eligible delivery services, and certain online grocery purchases.
In addition to these benefits, the Sapphire Preferred card offers a 10% anniversary points boost, which can add up to a significant amount of points over time. This boost is calculated on the dollars you spent rather than the points you earned, so be sure to take advantage of it.
Here are the key benefits of the Sapphire Preferred card at a glance:
The Sapphire Preferred card also offers a range of other benefits, including a $10 monthly credit for non-restaurant DoorDash orders and free DashPass through 2027.
Visa Signature Benefits
The Chase Sapphire Preferred is issued as a Visa Signature, which gives you access to many additional perks. One of these perks is the Visa Signature Luxury Hotel Collection, which offers exclusive benefits to cardholders.
You'll have access to a collection of high-end hotels, resorts, and vacation rentals, providing you with a more luxurious travel experience.
Welcome Offer and Details
The Chase Sapphire Preferred welcome offer is a great way to get started with the card. You can earn 60,000 Ultimate Rewards points after spending $4,000 within three months, which is worth at least $750 in travel value.
This offer is only available if you don't currently have any Sapphire card and haven't received a new cardmember bonus on a Sapphire card in the past 48 months. If you do have a Sapphire card, you can still apply for the Sapphire Preferred, but you won't be eligible for the bonus.
The 60,000 point bonus is worth more than the minimum $750, as you can get up to 1.25 cents per point in value when redeemed for travel. This means the bonus is actually worth $1,020, making it a great deal.
To earn the bonus, simply spend $4,000 on your new card within three months of opening it. This can be done by making regular purchases, paying bills, or taking advantage of the card's bonus categories, such as earning 5X points on travel booked through Chase Travel.
Here are the details of the welcome offer at a glance:
- 60,000 Ultimate Rewards points after spending $4,000 within three months
- Worth at least $750 in travel value, but up to $1,020
- Only available if you don't currently have a Sapphire card and haven't received a bonus in the past 48 months
Earning and Redeeming Points with Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is an excellent tool for earning and redeeming points, but it's essential to understand how it works. You can earn 2x points on travel purchases globally, which is equivalent to a 3.4% return on travel spending.
You can use your points to purchase airfare, reserve hotel rooms, and rent a car through the Chase Travel Portal at a fixed rate of 1.25 cents per point. This means you won't see blackout dates or limited award space.
The Chase Travel Portal is a convenient way to book travel using your points, and you can earn 5x points on travel bookings made through this portal. However, hotel reservations booked through third-party sites, including the Chase Travel Portal, typically won't earn points or count toward elite status qualification.
To give you a better idea of the value of the points, let's look at the 60K Point Welcome Offer. This offer is worth at least $750 worth of travel, but based on the valuation of Chase Ultimate Rewards points, it's actually worth $1,020.
Here's a breakdown of the earning rates for the Chase Sapphire Preferred Card:
- 5x points on travel booked through the Chase Travel Portal
- 2x points on all other travel purchases
- 3x points on dining
- 3x points on select streaming services
- 3x points on online grocery purchases
- 5x points on Lyft (through March 2025)
With these earning rates, you can accumulate points quickly and redeem them for travel, dining, or other rewards.
Travel and Hotel Benefits
The Chase Sapphire Preferred offers some amazing benefits for travelers. You can earn 5x points on travel booked through the Chase Travel Portal, including airline tickets, hotels, car rentals, vacation rentals, and cruises.
This is equivalent to an 8.5% return on travel spending, according to the article, which is a great perk. However, it's worth noting that this benefit only applies to travel booked through the Chase Travel Portal, not directly with airlines or hotels.
You'll also earn 2x points on all other travel purchases globally, including airlines, airports, car rental agencies, and more. This is equivalent to a 3.4% return on travel spending, which is still a great reward.
Additionally, you'll receive a $50 annual Ultimate Rewards hotel credit, which can be used towards a hotel accommodation purchase made through the Chase Travel Portal. This credit is based on your account anniversary year, so you'll receive it even in the first year you have the card.
Here's a quick breakdown of the travel benefits:
Double Points on Travel
You can earn double points on travel purchases globally with the Chase Sapphire Preferred card. This means that for every dollar you spend on travel-related expenses, you'll earn 2 points, which can add up quickly.
The travel category includes airlines, airports, car rental agencies, cruise ships, hotels and motels, timeshares, local and commuter transportation, and travel agencies. So, whether you're booking a flight, renting a car, or staying at a hotel, you'll earn double points.
Here's a breakdown of what's included in the travel category:
Keep in mind that earning double points on travel purchases is just one of the many benefits of the Chase Sapphire Preferred card. With this card, you'll also earn 5x points on travel purchases made through the Chase Travel Portal, which can be a game-changer for frequent travelers.
$50 Anniversary Hotel Credit
The $50 Anniversary Hotel Credit is a great perk of the Chase Sapphire Preferred card. This benefit is based on your account anniversary year, so you'll receive it every year you have the card.
You can use this credit on hotel accommodations purchased through the Chase Travel Portal. There's no minimum spending required, so you can book a $50 hotel room and get a $50 statement credit.
Additional Features and Fees
The Chase Sapphire Preferred welcome kit is a treasure trove of benefits, but there are some additional features and fees to consider.
The Chase Sapphire Preferred has a $95 annual fee, which is a small price to pay for the rewards and benefits it offers.
You can earn 60,000 bonus points after spending $4,000 in the first 3 months, but there's no foreign transaction fee, making it a great choice for international travel.
Travel insurance and purchase protection are also included, which can provide peace of mind when booking travel or making purchases.
The credit card also offers a 25% points bonus when redeemed for travel through Chase Ultimate Rewards.
Conclusion
The Chase Sapphire Preferred is a great card to have in your wallet, especially for beginners who want to earn travel rewards.
With its 2-5x points bonus categories, you'll earn points on a variety of purchases, making it easy to rack up rewards.
The card's 10% anniversary bonus points is a nice touch, giving you an extra boost to your rewards earnings.
Even with an annual fee, this card makes sense for those who want no foreign transaction fees, car rental coverage, and more.
This card is one to apply for early on, as Chase's rules for approving new cardmembers can be tricky.
Frequently Asked Questions
How do you get 100,000 points with Chase Sapphire?
To earn 100,000 Ultimate Rewards points with Chase Sapphire, sign up for the Chase Sapphire Preferred card and spend $4,000 within the first three months of account opening. This offer is available as of June 4th, 2021.
Sources
- https://account.chase.com/sapphire/preferred/offers
- https://frequentmiler.com/chase-sapphire-preferred-earn-60k-ultimate-rewards-300-travel-credit/
- https://travelpast50.com/chase-sapphire-preferred-card-review/
- https://upgradedpoints.com/credit-cards/chase-sapphire-preferred-card-vs-citi-premier-card/
- https://onemileatatime.com/reviews/credit-cards/chase/chase-sapphire-preferred/
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