New Chase Sapphire Preferred 80K Bonus Offer!
Chase Sapphire Preferred 80K Bonus scaled e1616445946325

New! Earn up to 80K Points with New Chase Sapphire Credit Card Offers!

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Chase just rolled out a new 80,000-point welcome bonus on the already-stellar Chase Sapphire Preferred Card after spending $4,000 within three months of card membership. It’s only the second time we’ve seen such a big offer on this card, up from the norm of 60,000 points.

But Chase has also increased the welcome bonus offer on the premier Chase Sapphire Reserve for just the second time since it launched way back in 2016. You’ll now earn 60,000 Chase Ultimate Rewards points after spending $4,000 in the first three months of card membership – up from the standard bonus of 50,000 points.

These are two of the absolute best credit cards in the world of travel, whether you’re just getting started with points and miles or want some premium perks when you return to travel. But we think almost everybody is better off starting with the Chase Sapphire Preferred.

You’ll earn more points upfront and you can always upgrade to the Reserve later – making your Ultimate Rewards points worth more. Plus, the card’s new $50 credit when buying groceries in the first 6 months of card membership zeroes out more than half of its annual fee in the first year.

This bonus of up to 80,000 points could easily unlock at least $1,000 in free flights, hotels, and other travel by booking through Chase’s easy-to-use travel portal. Plus, you can squeeze far more value out of these points by transferring them to Chase’s airline and hotel partners.

Read our guide on the best ways to use these 80,000 points for free (or nearly free) travel!

We’ve long considered the Chase Sapphire Preferred Card the best place to start collecting points and miles. With this bigger bonus, a $50 grocery credit, and 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 sapphire preferred 80k bonus
 

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

chase sapphire 80k bonus
 

Click Here to get more information about the Chase Sapphire Reserve. 
 

Keep reading for more information on this Chase Sapphire bonus and a full breakdown of all the benefits on both cards.

 

Breaking Down the New Chase Sapphire Bonus Offers

You’ll get 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. You’ll even get a $50 credit to use at the grocery store as a part of the welcome offer bonus, effectively making your first-year out-of-pocket expense only $45. There’s really no better bonus available at such a reasonable price.
 

Chase Sapphire Preferred Card 

Did you recently get the Chase Sapphire Preferred or Reserve at the lower bonus? Reach out to Chase and ask them to honor this new bonus! It’s no guarantee, but it’s worth a shot!

 

Chase Sapphire Reserve: 60K Points + Premium Perks

With the Chase Sapphire Reserve, you’ll earn 60,000 points after spending $4,000 in the first three months.

That’s up from the standard bonus of 50,000 points, and the first enhanced bonus we’ve seen since the card launched with a massive 100,000-point bonus back in 2016.

While you’ll get a smaller bonus upfront than with the Preferred Card, those points are worth more: Points on the Reserve are worth 1.5 cents apiece when you redeem them through the Chase travel portal.
 

chase sapphire reserve 

But the real value of the Reserve card is its premium travel benefits. Chase Sapphire Reserve cardholders get a complimentary Priority Pass lounge membership – unlocking the doors to thousands of airport lounges around the world for the cardholder and up to two guests. You’ll also get a $100 credit towards applying for Global Entry or TSA PreCheck, which will cover the entire cost of either program.

Perhaps the best benefit of the Sapphire Reserve is the annual $300 travel credit. This takes a huge bite out of the card’s large $550 annual fee.

Read More: All About the $300 Travel Credit on the Chase Sapphire Reserve

 

Use Points to Book Travel Direct with Chase

When you redeem your points through the Chase Ultimate Rewards portal, each point is worth 1.25 cents with the Sapphire Preferred and 1.5 cents each with the Sapphire Reserve. It’s one of the easiest ways to use points to book travel – and one of the few ways to book travel that’s completely free, as you won’t pay additional taxes and fees.

With an 80,000-point bonus, that’s at least $1,000 in flights, hotels, cruises, and more. The 60,000 point bonus on the Sapphire Reserve will be worth $900 towards travel.

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. Every Chase Ultimate Rewards point you transfer gets you 1 point in any of the hotel or airline programs. 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.

There is no multiplier for holding the Sapphire Reserve versus the Preferred Card. Each point is worth the same amount when you transfer them.
 

Chase Ultimate Rewards Transfer Partners

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

Using Chase’s transfer partners is the best way to book 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

On top 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 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 2022.

And through the end of April, you’ll earn 2x points per dollar spent on groceries (on up to $1,000 a month).
 

Chase sapphire preferred 80k bonus
 

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

With the Chase Sapphire Reserve, you will earn 3x points per dollar spent on all travel and dining purchases and 1 point per dollar on all other spending. You’ll also earn 10x points per dollar spent on Lyft rides through March 2022.

And through the end of April, you’ll earn 3x points per dollar spent on groceries (on up to $1,000 a month).
 

chase sapphire preferred 80k bonus
 

Click Here to get more information about the Chase Sapphire Reserve. 
 

Use Chase Points to Pay Yourself Back for Everyday Purchases

With travel mostly on pause last year, Chase rolled out the ability to use points for everyday purchases at grocery stores, home improvement stores, restaurants, and even Target. This new feature was supposed to lapse on Sept. 30, but Chase recently extended it through April 2021. And Chase has since confirmed that this benefit will become permanent, with rotating categories eligible for the benefit. New categories are scheduled to start on May 1.

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 if you hold the Preferred, so 80,000 points are worth $1,000 on your everyday expenses.

And again, points are worth 1.5 cents each if you hold the Reserve.
 


 

Travel Insurance Benefits

Both Sapphire Cards also include 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.

 

$60 in Statement Credits for Peloton

If you’ve got a Peloton at home – or bike along to the classes in the app – this perk will cover the cost of the card in the first year.

Last October, Chase added $60 in statement credits to the Sapphire Preferred Card for Peloton membership. Reserve cardholders get double that, $120.

You can use these credits on Peloton Digital or Peloton All-Access memberships all the way through Dec. 31, 2021.

If you’ve got a Peloton bike or treadmill at home, you can use these credits to get a free month (and then some) of a full Peloton membership or more than four months of free Peloton Digital. Both cards will also get you a free one-month trial of Peloton Digital for at-home workouts.
 

chase sapphire preferred 80k bonus 

You can register to get started at OnePeloton.com/ChaseSapphire.

If you’re already set up at home and paying for a membership, it could get a bit more complicated. First things first, you’ll need to log into your Peloton account and check to see if your subscription shows up there. If not, that means you likely signed up through a third party like the Apple Store. You’ll need to switch by signing up directly through Peloton for these credits to kick in – and put your payment on your Chase Sapphire card, of course.

Read more: Chase Adds Peloton Membership Credit to the Sapphire Cards

 

Want These Bonuses? Consider This First

First things first: You shouldn’t open either 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 three months without paying the bill, you should pass on these offers. 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 (four 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.

 

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.

Chase launched this same offer on the Preferred card back in September 2020, ending it less than two months later. Ever since, they’ve been tight-lipped about whether or not we would see the offer return, but return it did.

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 thanks to the $50 grocery credit. There’s no telling how long this bigger bonus will be available, so don’t wait if you are thinking about taking advantage.

And this time around, the Chase Sapphire Reserve is getting in on the action. It’s a far cry from the 100,000-point bonus on the card when it launched back in 2016, but that’s unlikely to ever return.

While we think the Reserve is one of the best travel cards out there, we still think it makes sense to start with the Preferred. It will cost less in year one, allow you to earn more points which will ultimately be worth more when you upgrade your card to the Reserve in year two if you choose to do so.

So what does 80,000 points really mean? For starters, 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 Delta One suites to Europe with plenty of miles to spare.
 

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

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.

Even with the standard 60,000 point bonus, the Chase Sapphire Preferred Card was tough to beat. With 80,000 points on the table, it was unbeatable.

But there’s no telling how long this bonus will last. So if you are thinking about applying for either Sapphire Card, don’t wait!
 

Chase sapphire preferred 80k bonus 
 

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

chase sapphire reserve card
 

Click Here to get more information about the Chase Sapphire Reserve. 
 

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.

11 Responses

  • I called Chase today and they will not allow me to get the new promo. I have only had my card for about a month. The new promo specifically states that it is valid only for applications submitted by Sept. 13. I was hoping that if you could let your subscribers know if they get enough complaints that they will review this policy.

    • Hi Kathleen, I would hold tight for a few days (or up to a week) and try again. This is typical with banks – sometimes it takes a few days for the correct policy to filter out. We hope and have faith that Chase will ultimately honor this new 80K bonus for recent applicants.

  • I received my bonus for Chase Sapphire Reserve on January 3rd 2017, therefore I was thinking that I can apply now, meet my spend after January 3rd 2021 and receive the bonus, but Chase told me that I won’t qualify for the bonus. So I have to wait until January 4th, 2021 to apply, hope that this offer will be available then.

  • If i am not sure about exact 48 months since last bonus received (could be anywhere from 36 to 50 months), and if i apply, will i be approved of card if less than 48 months or will be auto-rejected if less than 48 months? Please confirm.

    Any chance i would be approved if less than 48 months since last bonus (2/24 for cards applied) but not get bonus despite approved since it has not been 48 months?

    Please reply ASAP

    • To my knowledge, you wouldn’t be approved. I would suggest calling Chase to see if they can give you more information about when you last earned a UR points bonus.

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