Latest news with #UltimateRewards
Yahoo
15-05-2025
- Business
- Yahoo
Want the 100,000-point Chase Sapphire Preferred bonus? Make sure you meet these requirements first. (expired)
The current Chase Sapphire Preferred® Card welcome bonus is among the best the card has ever offered. For a limited time, you can earn 100,000 Chase Ultimate Rewards points — worth as much as $1,250 toward future travel — after spending $5,000 within the first three months of account opening. But before enjoying those big rewards, every new cardholder must meet some eligibility requirements. We checked the fine print to help you figure out whether you qualify. Read more: All about the limited-time 100,000-point Chase Sapphire Preferred offerYou must get approved for the card and spend $5,000 within the first three months to earn the limited-time Chase Sapphire Preferred welcome bonus. However, you could be ineligible if you meet either of these criteria: You currently have aChase Sapphire credit card You're a previous Chase Sapphire cardholder who received a new cardmember bonus within the last 48 months The good news is that you're not automatically excluded if you've had a Chase Sapphire Preferred Card or earned a Chase Sapphire bonus in the past. Here's more info about the limitations: Chase only allows cardholders to own one Chase Sapphire card at a time. You cannot have multiples of the Chase Sapphire Preferred or Chase Sapphire Reserve®, and you cannot hold both cards simultaneously. If you do have a Chase Sapphire card and apply for a new Chase Sapphire Preferred Card to get the limited-time bonus, your application won't be approved. Asking for a product change won't suffice either. If you currently have a Sapphire Reserve card, you may be eligible to switch to the Sapphire Preferred, but that swap won't qualify for the 100,000-point bonus. Related: Best rewards credit cards The 48-month rule applies whether you currently have a Chase Sapphire card or did in the past. You can check your past statements to find out exactly how long ago you earned a welcome bonus with Chase. For example, I opened a Chase Sapphire Preferred and earned the 100,000-point bonus the last time it was offered in 2021. I didn't apply for the card until June, and the bonus was awarded on my August statement. Because that was less than 48 months ago, I'm not currently eligible — and wouldn't be eligible to earn a new Chase Sapphire bonus until August 2025. Remember, you can only earn a Chase Sapphire welcome bonus if you haven't earned another new cardmember bonus from either the Chase Sapphire Preferred or Chase Sapphire Reserve within the past 48 months. That means 48 months since you received the bonus, which could be weeks or months after you actually applied for the card, depending on when you meet the spending requirement. Related: The best credit card sign-up bonuses To have the opportunity to earn the 100,000-point welcome offer, you'll first have to get approved as a Chase Sapphire Preferred cardholder. This travel rewards card generally requires a solid credit history, and you're most likely to get approved if you have a good-to-excellent credit score. But for Chase card applications, you should also watch out for the issuer's unofficial (yet broadly discussed) 5/24 rule. This guideline prevents you from opening a new Chase credit card account if you have opened five or more new credit cards within the past 24 months. That includes credit cards from any issuer, not just Chase. Even if you would otherwise qualify for the Chase Sapphire Preferred, you'll likely get denied if you've surpassed the 5/24 threshold. Related: How to apply for a credit card Couples and families can benefit from combining points from different Chase accounts within the same household. This can be a good option if you don't qualify for the Chase Sapphire Preferred bonus but a loved one is interested in the card. Say, for example, you already have a Chase Sapphire Reserve account you opened a year ago — making you ineligible for the limited-time Chase Sapphire Preferred Card offer. But your spouse does not have a Chase Sapphire account and is eligible. They could open a Chase Sapphire Preferred Card and earn the 100,000-point bonus. As members of the same household, you can combine your points under the same account when you're ready to redeem for future travel — just call the number on the back of your card to request the transfer between accounts and confirm you have the same home address (you can only share points with one designated person). Before your other household member applies, you should make sure the card makes sense for their overall spending and budget. If they don't get enough value to justify the ongoing annual fee, for example, or can't afford to pay off balances before accruing interest, this tactic could cost more in the long run than the benefits are worth. This embedded content is not available in your region. This article was edited by Alicia Hahn. Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to 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.
Forbes
14-05-2025
- Business
- Forbes
100k Chase Points Can Do More Than You Think—Here's How The Savviest Travelers Use Every Last One
The Chase Sapphire Preferred® Card is offering a 100,000-point welcome bonus, which is currently one of the most valuable offers on the market. For a limited time, new cardholders can earn 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. With a minimum redemption value of $1,250 through Chase Travel℠ and potentially much more through transfer partners, there are multiple ways to stretch your rewards for maximum value. But which route delivers the best bang for your buck, transferring points or using Chase Travel? The answer depends on how you travel, where you're going and whether you value simplicity or strategy. Below, we compare the two options head-to-head in several categories. Up to 5x Reward Rate Earn 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on allRead More 100,000 bonus points $95 19.99% - 28.24% Variable Excellent, Good (670 - 739) Offering a rare mix of high rewards rates and redemption flexibility, this card is a dream for frequent spenders on travel & dining – while charging a modest annual fee. Winner: Transfers to travel partners Chase has over a dozen airline and hotel transfer partners. Those partners include: Airline Partners Hotel Partners Thanks to the 25% bonus offered to Chase Sapphire Preferred® Card owners, Chase Travel bookings yield a fixed redemption value of 1.25 cents per point. However, your Ultimate Reward points can be worth significantly more when redeemed for bookings through the loyalty programs of Chase's travel partners. I personally love transferring my points to Hyatt as I frequently get a value of more than 2 cents per point on my stays. As an example, I ran a sample rate search for the Hyatt Regency Dallas. On Hyatt's own site, cash prices start at $358 a night for nonmembers with a total of around $420 after taxes and fees. Chase shows the same base price and cost after adding taxes and fees, for a total of $420. Booking with rewards in Chase Travel would cost 33,594 Ultimate Rewards points, reflecting the 25% points bonus. That's a better deal than paying cash, however, you can book this hotel on the same night for just 9,000 World of Hyatt points transferred from Chase to your World of Hyatt account. By leveraging the points transfer option, you could save 24,594 Ultimate Rewards points and receive an incredible redemption value of 4.7 cents per point! This is an excellent example of how points transfers can be such a powerful weapon in a traveler's arsenal. It's also worth mentioning that Hyatt waives resort fees on award stays. This is an often-overlooked benefit that can save you a decent chunk of change. Not every property charges resort fees. But you're still on the hook for these fees when booking through Chase's portal, and they can't be paid with Ultimate Rewards points. Rather, these charges must be paid directly to the hotel at check-in, adding an extra out-of-pocket cost to your stay. Moving beyond Hyatt stays, transferring your points to airline partners and then redeeming them for long-haul international flights in premium cabins can also provide outsized value. In the example below, a one-way business class seat for an Air France flight from New York (JFK) to Paris (CDG) would cost $3,458 or just 60,000 Air France Flying Blue miles + $237.60. That's another superb value of 5.4 cents per point. We could go on with many more examples, but the bottom line is this: If you enjoy strategizing to get the most potential value from your points, transferring them to partners is the way to go. Winner: Chase Travel Unlike redemptions with partners, Chase Travel redemptions have a minimum redemption value, and it's a solid one. As we've already mentioned, Ultimate Rewards points are worth a fixed 1.25 cents on the Chase Travel portal for Sapphire Preferred cardholders. Depending on the booking you're considering, this could outperform the value you'd receive by booking through the transfer partner's own program. And 1.25 cents per point is often better than the per-point value of IHG One Rewards or Marriott Bonvoy points. For a sample booking at the Courtyard Miami Beach South Beach, the total price on Chase Travel comes to $233, or 16,324 Ultimate Rewards points + $29. If you booked directly through Marriott Bonvoy, you'd need to pay 30,000 Bonvoy points + $33.06 for the same reservation. So by using Chase Travel instead of transferring your points to Marriott, you'd save over 13,000 of your Ultimate Rewards points. Plus, keep in mind that Chase Sapphire Preferred cardholders get a $50 annual hotel credit for hotels purchased through Chase Travel. So that's additional value that can only be realized through the platform. While it's true that with international flights you're likely to get more value for your points by transferring them to partners, it's not as much of a sure thing with domestic flights. And it's worth noting that while you typically lose benefits by booking hotels through Chase (more on that next), the opposite is true with flights, as you could gain the ability to earn frequent flier miles. If you book a Southwest flight with Rapid Rewards points, for instance, you can't earn Rapid Rewards points for that flight. But if you book that same flight through Chase and add your Rapid Rewards number to the reservation, you'll earn points from Southwest because it will be viewed as a revenue fare (even if you paid with Ultimate Rewards points). Those additional rewards simply add more value to the 1.25 cpp you're guaranteed to receive. Winner: Transfers to travel partners If you've earned elite status with Hyatt, IHG or Marriott, you're entitled to exclusive benefits. While those benefits will vary by hotel and the status level you've achieved, common examples include: Some of these benefits could add significant value to your stay. But you won't be eligible to receive them on a Chase Travel booking, as hotels don't provide status benefits to members who book through third-party platforms. Winner: Chase Travel You don't have to worry about award inventory when using Chase Travel. If there's an empty seat on the plane or a vacant room at the hotel, you can book it since it's just like a cash reservation. This is a major advantage over award bookings made with the airline's or hotel's own points or miles, as they often limit the number of seats or rooms that are made available for award bookings. Take, for example, this sample booking for the Hyatt Place across from Universal Orlando Resort. I can see that it has rooms available when I'm trying to book with cash. But when I switch to using World of Hyatt points, it shows no availability. On Chase Travel, I can book this hotel on the same date with no issue using my Ultimate Rewards points. Even when you can find award availability with hotels, there may not be as many options as with a paid stay. Going back to our sample Hyatt Regency Dallas booking, I was given several room types to choose from for a cash booking. But when I toggled the 'Points' switch, my options suddenly dropped to just a two Queen Beds room. That's not exactly ideal if you're trying to book a romantic getaway. But the full menu of room types are available on the Chase Travel portal to book with Ultimate Rewards points. Winner: Transfer to partners Generally, hotels and airlines provide generous cancellation policies on award bookings. But since Chase Travel bookings are viewed as cash purchases, they may not have the same refundability, or may charge extra for it. For example, all United award flights are refundable with no fee provided you cancel before departure ('no shows' are charged a $125 fee). But if you try to book a United flight with Chase, you'll see that you have to pay $45 more for the privilege of refundability. You'll typically see something similar with hotel bookings. The lowest-price option is often nonrefundable, and then there will be a refundable option that has a bit of an upcharge. If you're using the hotel's points system, however, it won't typically charge you extra for a cancellation period. Going back to our earlier example of the sample booking of the Hyatt Regency in Dallas, you automatically get the right to cancel up to 48 hours prior to your scheduled arrival, included in your award booking price of 9,000 World of Hyatt points. While airline and hotel programs are generally more cancellation-friendly, there is a downside to keep in mind. Even if you're allowed to get a refund of your points or miles, you won't be able to transfer them back to Chase Ultimate Rewards, as points transfers from Chase are one-way. This means there's a higher potential for refunded points or miles to become 'orphaned,' with no way to use them until you're ready to book another reservation with the specific provider. Whereas if you receive a refund from Chase Travel, those points can be used in a variety of ways, including toward future Chase Travel bookings, transfers to partners or even for cash-back redemptions. Winner: Chase Travel With Chase Travel, you'll have access to a broader range of hotel options. Rather than being limited to Hyatt, IHG or Marriott hotels, you can book with other popular brands like Hilton or Choice Hotels, or even with independent, boutique hotels. The same goes for flights. You'll have no problem booking a flight with Delta or American Airlines, for example, even though neither is a Chase transfer partner. Winner: Transfers to partners If you need to make changes to a reservation made through Chase Travel, you'll have to go through the Chase Ultimate Rewards customer service team. This can sometimes add an extra layer of friction, especially if you're facing a time-sensitive issue or need quick assistance. By contrast, booking directly through an airline or hotel's loyalty program allows you to manage changes with the provider directly. This can result in faster resolutions and more flexible options. Winner: Chase Travel Navigating loyalty programs and tracking down award space can be time-consuming and sometimes frustrating. For travelers who aren't interested in diving deep into the world of points and miles, the sheer complexity can be a barrier. Chase Travel provides a much simpler alternative. You don't need to be an expert who's fluent in airline award charts to get solid value for your points—you just search and book your flight or hotel like you would on Tripadvisor (which powers Chase Travel). It's an intuitive, user-friendly option. Consider a hybrid approach when deciding how to redeem your points. To identify high-value transfer redemptions from partners, consider using an award search tool like PointsYeah or AwardTool. These platforms can help you uncover premium flight and hotel options that maximize the value of your Ultimate Rewards points. Just remember: Once you transfer points to a travel partner, that transfer is final. Always confirm availability and pricing before moving your Ultimate Rewards points. Find the best travel credit card for your travel needs. The Chase Sapphire Preferred's 100,000 bonus offers an abundance of reward riches, and understanding the pros and cons of its two travel redemption paths can help you make the most of every point. Match your strategy to your travel goals and you'll be well on your way to an unforgettable trip at an incredible value.
Forbes
12-05-2025
- Business
- Forbes
Frequent Flyers Swear By This Card—Here's How Chase Sapphire Preferred Makes Travel Way Easier
Good things come in small packages: The Chase Sapphire Preferred® Card is an all-in-one solution for travelers who are happy handling all their expenses with a single credit card. With an awesome rewards program, benefits that provide extra value and an affordable annual fee, this card can make paying for your next trip a breeze. If you've been considering applying, Chase announced that Thursday, May 15, at 9 a.m. EST, is the last day to apply for the 100,000-point welcome offer on the Sapphire Preferred via the application link on our website. Chase Sapphire Preferred® Card - See Rates & Fees Travel budgets are seldom as high as you'd like, but you can get an easy jump-start as a new cardholder of the Sapphire Preferred. After approval, you can earn 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. That's likely to induce instant daydreaming over how and where to use your points. The current offer ends Thursday, May 15, at 9 a.m. EST. So avoid future FOMO and apply soon to get this massive bonus. One of the things that sets the Chase Sapphire Preferred apart from other travel rewards cards is its participation in the Chase Ultimate Rewards® program. These flexible points are valuable regardless of how you redeem them: toward travel, transferred to airline and hotel partners or even cash back. Most other programs only offer one or two of these options at a fair value. Cash redemptions are worth a full cent per point, but as a traveler, you'll likely find the other redemption options more exciting. You can easily upgrade your points value by 25%, to 1.25 cents per point, when redeeming points for trips booked with Chase Travel. Nearly all flights, hotels, car rentals, cruises and even some activities are available with this option. Point enthusiasts will instead lean into the option to transfer Ultimate Rewards to partnering airline and hotel programs. Many of these transfers can lead to even higher yields if you're strategic. Chase Ultimate Rewards Partners One of the easiest ways to offset the $95 annual fee is through the card's yearly hotel credit. Each card member year, cardholders can earn up to $50 in statement credits by booking one or more hotel reservations through Chase Travel. Any hotel available on the platform and paid for with your Sapphire Preferred will qualify toward this credit, meaning frequent travelers should have no trouble using it. The Sapphire Preferred is one of the best credit cards for travel insurance—it has a wide range of coverage available at no extra cost when you book qualifying trips paid for with your card. Among its trip protections are: While you may choose to purchase a separate, more comprehensive policy for some trips, the included insurance may be adequate for others, giving you peace of mind and a wallet-friendly alternative. One of the unspoken requirements of a travel credit card is that you can rely on it wherever you go. As a Visa credit card, the Sapphire Preferred is likely to be accepted nearly anywhere that accepts credit cards, regardless of where you're heading around the world. You don't even have to notify Chase in advance of your trips. And with no foreign transaction fees, you won't have to pay for the privilege of paying by card no matter where your travels take you. For travelers seeking a straightforward yet powerful tool to navigate the world, the Chase Sapphire Preferred emerges as a compelling travel companion. By neatly packaging valuable rewards, practical benefits and low fees, this card can enhance your journeys and fuel your travel aspirations. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results. Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author's alone and have not been provided, approved, or otherwise endorsed by our partners.
CNET
09-05-2025
- Business
- CNET
You Have 6 Days Left to Snag the Chase Sapphire Preferred's 100k Welcome Bonus
The Chase Sapphire Preferred has a limited-time welcome bonus that can help you save on travel this year. Viva Tung/CNET It's been nearly four years since the Chase Sapphire Preferred® Card* last offered its 100k welcome bonus -- and next week it will disappear again. Until May 15, the Sapphire Preferred os offering 100,000 Chase Ultimate Rewards points when you spend $5,000 within the first three months of opening the account. Usually, this card offers a 60,000-point welcome bonus when you spend $4,000 in the first three months. While you have to spend an extra $1,000 to earn the extra points, if you can hit this threshold with normal spending, the elevated bonus will be worthwhile. If you redeem your points through Chase's Travel portal, they're worth 1.25 per point. That translates to $1,250 in travel, $500 more than this card's normal welcome bonus. You can use the rewards to book hotels, rental cars and cruises at the boosted rate. The CSP is my favorite low annual-fee travel card. Beyond the welcome bonus, I love the card's travel perks, like its trip cancellation and interruption insurance. I've had the card for about two years, and it's saved me a lot of money on flights and hotels -- especially when I earned the welcome bonus. Read more: We Finally Know the Best Time to Book Flights Other ways to redeem the Chase Sapphire Preferred's 100k bonus Before you book via the Chase Travel portal, be sure to look for deals and other redemption options. Chase has airline and hotel partners that offer higher redemption rates if you transfer your points. You can earn the most through transfer partners but can still get extra redemption value when booking through Chase's portal. If you don't have any upcoming trips, there are other redemption options but at a lower value. For example, you can redeem one cent per point toward a $1,000 statement credit to lower your credit card balance. Chase also has a "Pay Yourself Back" program that lets you use your rewards for statement credits on purchases from select categories at a rate of 1.25% per point. However, this offer is only available for select charities. Is the Chase Sapphire Preferred right for you? If you're considering applying for the Chase Sapphire Preferred, look at the card's other features first. Welcome bonuses are usually a one-time deal, so you'll need to make sure the card is worthwhile beyond the bonus rewards and that you earn enough rewards with your regular spending to offset the $95 annual fee. Most important, don't accrue debt trying to earn credit card rewards. The average credit card interest rate is over 20%, so any value you'd get from the rewards would be quickly wiped out by the interest you accrue, leaving you in the negative. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit to learn more. For rates and fees of the Blue Cash Preferred Card from American Express, click here. *All information about the Chase Sapphire Preferred Card has been collected independently by CNET and has not been reviewed by the issuer. Correction, 12:45 p.m. PT: This story initially gave an incorrect figure for the amount Chase requires you spend in the first three months after opening the card. That figure is $5,000.
Forbes
08-05-2025
- Business
- Forbes
The Countdown Is On: Act Fast: Chase's Exclusive Welcome Bonus Offer Is Ending Sooner Than You Think
The chase is still on, but you only have a few days left to catch the 100,000-point welcome bonus on the Chase Sapphire Preferred® Card. For a few more days, cardholders can earn 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. Up to 5x Reward Rate Earn 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on allRead More 100,000 bonus points $95 19.99% - 28.24% Variable Excellent, Good (670 - 739) Chase announced that Thursday, May 15, is the last day to apply for the 100,000-point welcome offer on the Sapphire Preferred. If you've been considering the card, now is the time to act. This 100,000-point bonus ties the highest ever offered on the card. While we don't know what the bonus will drop to after the end date, it normally sits at 60,000 points. That means the offer ending May 15 is more than a 65% increase compared to the typical bonus. If the spending requirement sounds like a big number, it works out to about $1,667 per month. And there are lots of creative ways to reach it. When they redeem their Ultimate Rewards® points for Chase Travel bookings, Sapphire Preferred cardholders get a 25% bonus. That boosts the value of this offer to $1,250 for this redemption method. Like all the top Chase cards, points from the Sapphire Preferred can also be transferred to airline and hotel partners where the value can multiply by 100% or more with strategic redemptions. Strategies to get values that high are to transfer to partners like World of Hyatt or airlines for international upper-class flights. Even if you settle on cash back, your points can be redeemed at 1 cent per point. So 100,000 Ultimate Rewards points equal $1,000 in cash that you can use however you like. While we can't predict whether Chase will bring back this generous offer once it ends, we've only seen a welcome bonus this big once before. There's no guarantee it will reach this level again. So if you've been considering a new card, this is your notice to apply for the best offer on one of the best credit cards available. There are a few eligibility rules (some written and others unwritten) to be aware of. By submitting your application sooner rather than later, you can address any issues that may arise during the process. It's worth pointing out you'll pay a $95 annual fee if you're approved for the Sapphire Preferred. But one question I like to ask is, 'Would you trade $95 for $1,000?' If you earn the bonus, you'll come out over $900 ahead. Mark your calendar because the sun sets on this limited-time offer on May 15. If the Sapphire Preferred looks appealing, there's no time like the present to submit your application and be on your way to a windfall of 100,000 Ultimate Rewards points.
