The usual bonus for the Chase Sapphire Preferred card is to earn 60,000 Chase Ultimate Rewards BONUS POINTS offer after you spend $4,000 in the first 3 months. For awhile now it was increased to 80,000 points with the same spend requirement and the ability to earn up to $50 in statement credits towards grocery store purchases within your first year after account opening.
AND NOW…..CHASE HAS UPPED THE BONUS TO 100,000. THIS IS THE HIGHEST OFFER EVER FOR THIS CARD! This bonus is worth a minimum of $1250! because you redeem these points at 1.25 cents per point for travel.
Remember, this card has an annual fee of $95 and there are no additional cardholder fees.
You earn 2 points per $1 on Dining and 2 points per $1 on travel like airfare, hotels, cruises, rental cars, travel agencies, train tickets, taxis, tolls and more. (Click here for a complete definition of travel from Chase)
Also, You earn 5x points per $1 on Lyft rides through March 2022.
And in addition to earning 2 points per dollar at restaurants and on travel, you’ll earn 1 point for every dollar you spend on all your other purchases.
You pay no foreign transaction fees when you use your card on purchases made outside the United States.
If you add your card as the default payment method in DoorDash you gain access to a complimentary DashPass membership for one year. The membership offers free delivery and lower service fees. Note, you need to activate by December 31, 2021 your free year will start on your activation date so plan accordingly.
You can transfer points to participating frequent travel programs with no transfer fees and at full 1:1 value – that means 1000 Ultimate Rewards points equal 1000 partner miles/points. Read about how to transfer points to travel programs here.
And you get 20% off airfare, hotels, car rentals and cruises when you redeem through Ultimate Rewards. For example, a $500 flight requires just 40,000 points. Read about how to redeem points through Ultimate Rewards here.
The card comes with very good travel insurance if you purchase a portion of your trip with your card. Read more here.