HUGE! Biggest-Ever Chase Sapphire Preferred 80K Bonus!
chase sapphire preferred 80k bonus

HUGE! Biggest-Ever Chase Sapphire Preferred 80K Bonus!

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Getting started with travel rewards credit cards can be daunting, with hundreds of cards to pick from. But one credit card stands far above the rest as the best place for any aspiring traveler to start.

It’s the Chase Sapphire Preferred Card. And that’s more obvious than ever, as Chase has just rolled out a huge new welcome offer bonus of 80,000 points after you spend $4,000 in the first three months of card membership! That’s the highest offer we have ever seen on the card, up from the norm of 60,000 points for the same spending requirement.

This bonus can easily unlock at least $1,000 in free flights, hotels, and other travel by booking through Chase’s easy-to-use travel portal. But you can squeeze far more value out of these points by transferring them to Chase’s airline and hotel partners.

Once you add in the mix of benefits like travel insurance, car rental coverage, and no foreign transaction fees, it’s clearly the best travel rewards card on the market right now – period. And with a low annual fee of $95, it’s an approachable card that should be a mainstay in every traveler’s wallet.

 

Chase Transfer Bonus British Airways

 

Click Here to get more information about the Chase Sapphire Preferred Card. 

 

Keep reading for more information on this Chase Sapphire Preferred 80K bonus and a full breakdown of all the benefits provided by the Chase Sapphire Preferred Card.

 

Did you recently apply for this card when the bonus offer was at 60,000 points? Read on for advice on how you might be able to get this new 80,000-point bonus.

 

Breaking Down the Chase Sapphire Preferred 80K Bonus

You’ll receive 80,000 Chase Ultimate Rewards points after you spend $4,000 in the first three months of card membership. That is worth at least $1,000 toward travel or certain everyday purchases when you redeem the points through the Chase Ultimate Rewards portal or use the Chase Pay Yourself Back feature.

And considering the card only has an annual fee of $95, you’ll come out way ahead in your first year of card membership. There’s really no better bonus available at such a reasonable price.

Read more: 8 Great Ways to Spend the Chase Sapphire Preferred’s 80k Bonus

 

Redeem Points For 1.25 Cents Each

When you redeem your points through the Chase Ultimate Rewards portal, each point will be worth 1.25 cents. That means when you use the points for flights, hotels, rental cars, cruises, and more, the 80,000 point sign-up bonus is worth at least $1,000.

Read up on how to book flight deals through the Chase travel portal.

 

Transfer Ultimate Rewards Points to Travel Partners

If you want to get even more value out of your points, you can transfer them to one of Chase’s 13 travel partners on a 1:1 basis. That means 1 Chase Ultimate Rewards point equals 1 point in any of the programs listed below. So 80,000 Ultimate Rewards points equals 80,000 World of Hyatt points, 80,000 United Miles, or even 80,000 Southwest Airlines Rapid Rewards points.

The choice is yours.

ProgramTypeTransfer RatioTransfer Time
Aer LingusAirline1:1Instant
Air France/KLMAirline1:1Instant
British AirwaysAirline1:1Instant
EmiratesAirline1:1Instant
Iberia PlusAirline1:1Instant
JetBlueAirline1:1Instant
Singapore AirAirline1:112-24 hours
Southwest AirlinesAirline1:1Instant
United AirlinesAirline1:1Instant
Virgin AtlanticAirline1:1Instant
World of HyattHotel1:1Instant
IHGHotel1:11 day
Marriott RewardsHotel1:12 days

Utilizing Chase’s amazing transfer partners is the key to booking bucket list travel, including business and first-class flights for pennies on the dollar.

Read more: How to Transfer Chase Ultimate Rewards Points to Partner Airlines

 

Earn Bonus Points for Certain Purchases

Outside of this bigger bonus, everything else on the Chase Sapphire Preferred Card is staying much the same.

For starters, you will earn 2x points per dollar spent on all travel and restaurant dining purchases and 1 point per dollar on all other spending. You’ll also earn 5x points per dollar spent on Lyft rides through March of 2022.

And through Sept. 30, you’ll earn 3x Ultimate Rewards points for every dollar you spend at Instacart (on up to $3,000 in purchases). You’ll also get a $50 statement credit for Instacart Express membership ($99 annually).

Also through Sept. 30, you’ll earn 3x Ultimate Rewards points for every dollar spent at gas stations up to $1,500, and you can earn 5x Ultimate Rewards points for every dollar spent on select streaming services (including Netflix and Spotify) up to $1,500.


Chase Transfer Bonus British Airways

 

Click Here to get more information about the Chase Sapphire Preferred Card. 

 

Use Chase Points to Pay Yourself Back for Everyday Purchases

With most travel currently on pause, Chase recently rolled out the ability to use points for everyday purchases at grocery stores, home improvement stores, restaurants, and even Target through Sept. 30.

It’s called Pay Yourself Back, and when you use your points this way, they will have the same value as they do through the Chase Ultimate Rewards travel portal. Each point is worth 1.25 cents, so 80,000 points are worth $1,000.

And Chase recently confirmed that this will become a permanent benefit with rotating quarterly categories. Keep an eye out for a new list of places you can use Pay Yourself Back starting Oct. 1.

 

 

Travel Insurance Benefits

The Chase Sapphire Preferred also includes primary rental car insurance. That means when you charge your car rental to the Chase Sapphire Preferred card, you are able to decline the insurance from the rental company and be covered up to $75,000 for theft and/or collision damage.

The card also offers Trip Cancellation/Trip Interruption Insurance. So if your trip is cut short or interrupted by sickness and/or severe weather, you will be reimbursed for pre-paid, non-refundable travel expenses (airfare, tours, etc.) up to $10,000 per trip. This is available to the cardholder, traveling companion, or immediate family member when you pay for the trip with the Sapphire Preferred Card.

You’ll also get baggage delay coverage. If your checked baggage is delayed by more than six hours, you will be reimbursed $100 per day for up to five days for essential purchases (clothing, toiletries, etc.)

Read more about the travel insurance benefits offered at Chase’s website.

 

Things to Consider Before Applying

First things first: You shouldn’t open this card (or any credit card) if you can’t do so without getting into debt. We are huge advocates of financial responsibility and if you can’t spend $4,000 in 3 months without paying the bill, you should pass on this offer. That said, it is an incredible offer if you can pay your bill on-time and in full each and every month.

Thinking about applying for this huge new offer on the Chase Sapphire Preferred Card? There are a few things you’ll need to be aware of first.

First, if you already have the Chase Sapphire Reserve, or you have earned a sign-up bonus on either the Chase Sapphire Reserve or Chase Sapphire Preferred Card within the last 48 months (4 years) you will not be eligible to earn the bonus.

And if you have applied for and been approved for five or more credit cards in the last 24 months, from any bank – not just Chase, you also will not be approved for this new offer, either. It’s called the Chase 5/24 rule and it’s something you will want to be familiar with before applying.

While applying for five or more credit cards might sound insane, it just makes it important to prioritize Chase credit cards over their competitors. And there’s no better place to start than with the Chase Sapphire Preferred Card.

Finally, if you recently applied for the Chase Sapphire Preferred Card when the bonus offer was at 60,000 points for the same $4,000 spending requirement, you should absolutely reach out to Chase by either direct message or calling the number on the back of your credit card. They are generally pretty good about matching new offers so long as you applied for the card in the last 90 days.

 

Our Analysis

The Chase Sapphire Preferred Card has long been one of the best cards in the world of points and miles – especially for beginners. Today, that’s indisputably true.

In fact, it’s better than ever. The current 80,000-point welcome bonus is an increase from its previous bonus of 60,000 points and the highest-ever publicly available bonus we’ve seen on the Chase Sapphire Preferred. And there’s no telling how long this bigger bonus will be available, so don’t wait if you are thinking about taking advantage.

But what does 80,000 points really mean? That’s a ton of free travel.

With that bonus, you could book a trip for two to Hawaii – and still have tons of points left over. This bonus could even get you a business class seat in the amazing new Delta One suites to Europe or Asia.

 

chase sapphire preferred 80k bonus

 

Add in the different perks you get with the card, and this card will be easily worth the $95 annual fee for almost any traveler.

 

Bottom Line

Others came close before, but there is simply no better card to dip your toe into the world of points and miles and get some incredible free travel than the Chase Sapphire Preferred Card.

This new 80,000 point offer after spending $4,000 in the first three months is the highest bonus that has ever been offered on the card. It simply doesn’t get better. Don’t wait to take advantage!

 

Chase Transfer Bonus British Airways 

Click Here to get more information about the Chase Sapphire Preferred Card. 

 

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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