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New Chase Sapphire bonus: Earn over $1,000 in travel rewards

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You can now earn a 75,000-point welcome bonus from both the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® — worth up to $937 or $1,125 in travel, respectively, when you book through Chase Travel. To earn the bonus, you’ll need to spend at least $4,000 within the first three months after opening either card.

These travel cards already top our lists of best travel credit cards and best rewards credit cards — and this new welcome bonus only makes them more valuable. Here’s more about the offer and how you can benefit from a Chase Sapphire card long-term.

Both the Chase Sapphire Preferred Card and Chase Sapphire Reserve now offer new cardholders 75,000 Chase Ultimate Rewards points after spending $4,000 within the first three months of account opening.

That’s already among the top travel credit card bonuses you’ll find today — but the offer is even more valuable coming from these cards.

Many travel rewards have a standard redemption value of about 1 cent per point. But when you use your Chase Ultimate Rewards points to book travel through Chase Travel, you’ll get a value of 1.25 cents each with the Chase Sapphire Preferred and 1.5 cents each with the Chase Sapphire Reserve.

With the extra points boosts, here’s another look at the potential welcome bonus value:

Previously, both cards offered a 60,000-point welcome offer for the same $4,000 in purchases over the first three months.

Annual fee: $95

Welcome offer: 75,000 bonus points after spending $4,000 within the first 3 months

Rewards:

  • 5x points on travel through Chase Travel (except for hotel purchases that qualify for annual hotel credit)

  • 3x points on dining

  • 3x points on online grocery purchases

  • 3x points on select streaming services

  • 2x points on all other travel

  • 1x points on all other purchases

More details: The Chase Sapphire Preferred’s benefits include $50 in annual statement credits for hotel bookings through Chase Travel, a 10% points bonus each account anniversary on your total spending amount for the year prior, a complimentary year of DoorDash DashPass membership (activate by Dec. 31, 2024), six months of complimentary Instacart+ membership (activate by July 31, 2024), travel and purchase protections, and more.

Annual fee: $550

Welcome offer: 75,000 bonus points after spending $4,000 within the first 3 months

Rewards:

  • 10x points on select hotels and rental cars purchased through Chase Travel*

  • 10x points on Chase Dining purchases

  • 5x points on flights purchased through Chase Travel*

  • 3x points on dining

  • 3x points all other travel purchases

  • 1x points on all other purchases

*Applies after the first $300 you spend on travel each anniversary year

More details: There are plenty of perks that help make up the Sapphire Reserve’s steep annual fee cost, including $300 in statement credits toward travel expenses every account anniversary (you’ll earn rewards on travel after you max out the credits).

Plus, get airport lounge access; fee credits for TSA PreCheck or Global Entry; two years of complimentary Lyft Pink All Access (activate by Dec. 31, 2024); $5 in monthly DoorDash credits through Dec. 31, 2024; complimentary DoorDash DashPass membership (activate by Dec. 31, 2024); up to $15 in monthly Instacart credits through July 31, 2024; one year of complimentary Instacart+ membership (activate by July 31, 2024), travel and purchase protections, car rental benefits, and more.

This article was edited by Rebecca McCracken


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