One of the cards I frequently recommend for newbies in this miles and points hobby is Chase Sapphire Preferred card. And right now, the welcome bonus is 100,000 points, which is the highest it’s been in a few years!
Chase Sapphire Preferred Offer
Earn 100,000 points after spending $5000 in the first 3 months.
- 3X points on dining, select streaming services, select online grocery stores
- 5X points on travel booked through Chase travel
- 2X points on other travel
- 1X points on all other purchases
- 10% anniversary points based on points earned during full year
- $50 annual Chase Travel hotel credit
- DoorDash DashPass for 12 months
- $95 annual fee
Note: You can only own one Chase Sapphire product, so you are not eligible if you already own the Chase Sapphire Reserve card. You cannot get the bonus if you’ve received a bonus on any Chase Sapphire card in the past 48 months. Chase likely won’t approve you for this card if you’ve opened 5 or more new credit cards in the past 24 months. See this page for more info.
What can you do with 100,000 Chase Ultimate Rewards points?
Chase Ultimate Rewards are my favorite currency because there are so many ways to spend them.
- Points are worth 1 cent each for cash back, so this bonus is worth $1000!
- Points are worth 1.25 cents if you spend them in the Chase Travel portal. So, this bonus means you can spend $1250 on flights, hotels, or rental cars through Chase Travel!
- You can also transfer Chase points to several airline and hotel partners for even more value.
- Aer Lingus
- Air Canada
- British Airways
- Emirates
- Air France/KLM
- Iberia
- JetBlue
- Singapore Airlines
- Southwest Airlines
- United
- Virgin Atlantic
- IHG Hotels
- Marriott
- Hyatt
With 100,000 points transferred to Air France/KLM, you could get 2 round-trip tickets to Europe. Or, transfer points to Hyatt for 4 nights at Hyatt Regency Coconut Point Resort and Spa, one of my favorite Hyatt properties.
This card is not in our affiliate network. But, if you’d like to support our blog, consider applying for the card through our partner app, Travel Freely. Thanks for your support!
Author: Nancy
Nancy lives near Dallas, Texas, with her husband and three kids. Her favorite vacations include the beach, cruising and everything Disney.
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