Augusta Stone Augusta Stone Credit cards writer Augusta Stone is a credit cards writer for TPG. She joined the TPG team in 2023 and is excited to take points and miles beginners with her on a journey toward maximizing rewards. also contributed to this story July 19, 2026 • 10 min read Jump to section Facebook Twitter LinkedIn Copy URL Email The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information. Editor's Note This is a recurring post, regularly updated with new information and offers. The Chase Sapphire Preferred® Card (see rates and fees ) has long been one of the best travel rewards cards for beginners — and for good reason.
With strong earning rates on everyday spending, flexible Chase Ultimate Rewards points and a modest $95 annual fee, it delivers outsize value for beginners (as well as seasoned travelers). Plus, Chase just introduced several new earning rates and perks to the card, providing more value to cardholders without raising the annual fee.
Limited-time offer on the Chase Sapphire Preferred : Earn 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. Offer ending soon.
Below, we'll break down its current bonus, ongoing perks and why the Sapphire Preferred continues to earn a spot in so many travelers' wallets.
New Sapphire Preferred Card holders can earn 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. Chase has confirmed this offer ends soon .
A post shared by The Points Guy (@thepointsguy)
According to our July 2026 valuations , this offer is worth $2,050.
This is a return of the highest offer we've seen in the card's history .
Now is an excellent time to get the Sapphire Preferred, since the welcome offer alone provides more than $2,000 in value thanks to its valuable transferable rewards .
Chase Ultimate Rewards points are among the most valuable transferable currencies available, thanks to a robust roster of airline and hotel partners and high-value redemption options.
Daily Newsletter Reward your inbox with the TPG Daily newsletter Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts Email address Sign up Submitting... By signing up, you will receive newsletters and promotional content and agree to our Terms of Use and acknowledge the data practices in our Privacy Policy . You may unsubscribe at any time.
Related: Value simplicity? Why the Chase Sapphire Preferred is now the only card you need
You can redeem the 100,000-point bonus on the Sapphire Preferred in three ways: statement credits, through the Chase Travel℠ portal or by transferring to loyalty program partners.
With each of these methods, the value you get from this offer depends on how you redeem it.
Chase Pay Yourself Back on purchases with qualifying charities : Up to $1,250; 1.25 cents per point. Pay Yourself Back on veterinary services and the cardholder annual fee : Up to $1,100; 1.1 cents per point. Pay Yourself Back on public transit purchases : Up to $1,050; 1.05 cents per point. Other statement credits : Up to…