Chase Bank offers the Chase Sapphire Preferred Card, which is popular for travel rewards and dining purchases. On 02nd April 2025, the bank announced a limited-time welcome bonus to attract new customers.
It is one of the best offers this year, as a cardmember can earn up to 100k bonus points in the first three months. The bank has increased the bonus points from 60,000 to directly 100, 000 making it one of the most valuable travel credit cards.
The Sapphire Preferred credit card of the Chase bank is awarded with many industry awards due to its promising rewards, benefits, and other features. The US people who travel a lot can take advantage of this credit card and enjoy its welcome bonus and many rewards.
| Travel Credit Card | Chase Sapphire Preferred Card |
| Bank | Chase Bank |
| Welcome Bonus | 100,000 after you made a $5000 purchase in the first three months |
| Rewards | Travel rewards, hotel stay, and others |
| Partnership Benefit Value | $200 in partner value DoorDash Subscription |
| APR | 19.99% to 28.24% |
| Annual Fee | $95 |
| Official Website | https://creditcards.chase.com/rewards-credit-cards/sapphire/preferred |
Welcome Bonus
The Chase bank has hiked the welcome bonus of the Chase Sapphire Preferred Credit Card from 60,000 to 100,000 two days ago. As per the offer, the card members can get the welcome bonus of 100k when they spend $5000 on purchases during the first three months of their account opening.
The customers should understand this offer is available to the people who have never held the Sapphire card and have never received the new cardmember bonus in the past four years for any Sapphire card. Earlier, the 100k points offer was only available when you applied for the card at a Chase bank branch physically, now you can complete the application online too and avail the limited-time offer.
Apart from the Welcome bonus, the cardmembers also get the partnership benefit of up to $200, where you can get access to DashPass, a membership of Caviar and DoorDash with $0 delivery fee on eligible orders for at least a year when you activate the subscription by 31 Dec 2027.
Earn Rewards
The Chase Sapphire Preferred Credit card members can earn more rewards in the following ways and enhance their travel and dining experience with rewards:
- Cardholders can earn 5x total points for travel purchases they made through Chase Travel. This reward excluded the hotel purchases, as it was entitled to the $50 Annual Chase Travel Hotel Credit.
- Cardholders can earn $50 on each account anniversary year for all the hotel stays they booked through Chase Travel.
- Cardholders can earn 3X points on all online grocery purchases, except the purchases from Walmart, Target, and Wholesale clubs.
- Cardholders can earn 2x on their travel purchases for each $1 they spend.
- Cardholders can earn 3x points on select streaming services, such as Amazon Prime etc.
- Cardholders can earn 1 point for each dollar spent on all purchases.
- Cardholders can earn up to $10 off on the monthly DoorDash Non-restaurant orders once you activate your Chase Sapphire Preferred DashPass membership or Chase Sapphire.
APR and Fees
The Annual Percentage Rate (APR) of the Chase Sapphire Preferred Credit Card, based on the creditworthiness, is between 19.99% to 28.24%. This means you will be charged the mentioned interest rate when you carry a balance each month on the credit card. The balance transfer APR rate is the same, and the cash advance APR is 29.24%.
The penalty APR when you miss the payments is hiked to 29.99% based on the market rate. The cardmembers can avoid paying interest on the purchases if they make the due payment within 21 days of the billing cycle.
The cardmembers wondering about the fees involved with the Chase Sapphire Preferred Credit card can check it below:
- Annual Membership Fee: $95
- Transaction Fees: Either 5% or $5 of the amount transferred or $10 or 5% of the transaction, whichever is greater.
- Penalty Fees: Late payment & Return payment up to $40.
- Chase Pay Over Time: The eligible cardmembers can break up the monthly purchase of $100 or more with no interest with a fee of 1.72% of the amount eligible for the purchase.
How to get it?
People who wish to avail the welcome bonus offers first have to open an account at the Chase Bank and apply for the Chase Sapphire Preferred Credit card. If you have a good credit score of around 670 or higher, you can apply online through the official website mentioned above.
The bank will review your application based on the Chase Bank rules and your information about the deposit, investment, and others. Once the bank reviews your application and credit account information, it will approve or reject your application based on the bank’s criteria.
The Chase Sapphire Preferred Credit Card is one of the popular cards that offer premium travel and dining rewards, so if you travel a lot, this is your time to apply for the card as the welcome bonus points are up to 100k.