Missed the last offer? Jump on the new Sapphire Preferred 75K bonus
Along with the launch of the updated Chase Sapphire Reserve® and the new Sapphire Reserve for Business, Chase has upped the bonus on the Chase Sapphire Preferred® Card from 60,000 to 75,000 points:
Chase Sapphire Preferred: Earn 75,000 points after spending $5,000 on purchases in the first three months of account opening.
It's not as high as the recent 100,000-point bonus, but it's better than the standard offer and well worth considering if you're in the market for one of the best travel credit cards available.
Read more about the new Chase Sapphire card eligibility requirements to see if you qualify for a Chase Sapphire welcome bonus.
We calculate Chase Ultimate Rewards points to be worth about 2.05 cents per point, which means 75,000 points would be worth about $1,537.50.
Note that your actual redemption value may be lower or higher than this, depending on how you redeem your points. In general, we find some of the best-value options for Chase points are redeeming them toward travel, including premium flights and hotel stays with transfer partners.
See an overview of credit card transfer partners.The Chase Sapphire Preferred is one of the best travel credit cards available for good reason. It has a low annual fee, an elevated rewards rate, and the opportunity to earn a valuable and flexible travel rewards currency.
It's such a good card, we've rated it as the overall best credit card for rewards.
That being said, there are better cards if you prefer earning cash-back rewards or if you want premium travel benefits, such as airport lounge access. The Sapphire Preferred makes sense for all types of travelers, but it's not going to have the same access to exclusive perks as the luxury travel cards, like the Chase Sapphire Reserve.
Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.
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