Chase Sapphire Preferred Offers 100,000-Point Welcome Bonus

Chase is offering a limited-time welcome bonus of 100,000 points for new applicants of the Chase Sapphire Preferred® Card. This offer, which requires spending $5,000 on purchases within the first three months of account opening, is one of the highest welcome bonuses the card has ever provided. This specific 100,000-point offer has been seen only a few times since 2021, and there is no certainty when or if it will be available again, according to the issuer.

The value of these 100,000 Ultimate Rewards points is estimated at $2,050 by The Points Guy (TPG) based on their July 2026 valuations. While the offer terms are clear, there are specific conditions and application restrictions that potential applicants should be aware of to ensure they qualify for the bonus points. To address common applicant inquiries, TPG has compiled and answered frequently asked questions regarding this elevated welcome offer.

The Chase Sapphire Preferred Card is highlighted as a strong choice for a first rewards card, even after more than 16 years on the market. The card offers various benefits in addition to its welcome bonus, making it a popular option for travelers and rewards enthusiasts. The current promotion represents a significant opportunity for consumers to acquire a substantial number of points that can be redeemed for travel and other rewards.