The Chase Sapphire Preferred® Card‘s record-tying 100,000-point bonus is officially dead … or is it?
While the public offer on Chase's site and other travel sites like ours now shows a 75,000-point bonus, you can still get the 100,000-point offer after spending $5,000 in the first three months through personal referral links.
How long this lasts is anyone's guess, but if you dragged your feet on applying and are still interested, I wouldn't delay – Chase will likely kill off the bigger bonus on these referral links soon, perhaps within a matter of hours.
If you've got a friend or family member who currently holds a Sapphire Card – even the Sapphire Reserve – they should be able to refer you (or use the link above). Not only will you get in on the bigger offer after it's officially gone, but they'll earn some bonus points, too! Existing Chase Sapphire cardholders who want to generate a referral link can simply visit Chase's Refer a Friend page.
Considering you can easily redeem Chase points for … well, anything … at a rate of 1 cent each, this bonus is worth a bare minimum of $1,000! But you can squeeze far, far more value out of those points when used for travel with Chase's new “Points Boost” redemptions or by sending them to Chase's excellent airline and hotel transfer partners.
Beyond that big bonus, the Sapphire Preferred is a keeper for travelers new and old, thanks to solid spending categories to earn more points on dining and travel – plus, new additions for gas stations and vacation rentals, and some of the best built-in travel insurance you'll find on any travel card. There's even an annual $100 hotel credit when you book through Chase Travel℠, making it laughably easy to offset the card's modest $95 annual fee.
Whether you're eligible to earn this bonus is another question. Chase recently reworked its eligibility requirements, allowing travelers to hold (and earn a bonus on) both the Preferred and the top-tier Chase Sapphire Reserve® … but prior or current Sapphire Preferred may not be able to earn the bonus again. Still, it's worth giving it a shot: Chase's new pop-up system will let you know either way before you actually proceed with your application.
Just keep in mind: Credit cards are serious business. Adding a new card to your wallet just for the big bonus isn't worth it if you can't afford to pay off every dime in spending it takes to earn those points.
Related reading: 9 Great Ways to Use 100K Chase Ultimate Rewards Points
Bottom Line
Despite the Chase Sapphire Preferred card's record-tying 100,000-point bonus offer officially ending, it's still available through referral links … at least for now. With this offer, you can earn 100,000 points after spending $5,000 in the first three months of card membership. Plus, your friend will earn some bonus points in the process.
We don't know how long these bigger referral offers will last, but we wouldn't wait around to find out – Chase could update them to match the standard 75,000-point bonus at any minute.
