What happened
Chase has increased the welcome bonus for the Chase Sapphire Preferred® Card to 100,000 Ultimate Rewards points, the highest level seen since 2021. New applicants must spend $5,000 on purchases within the first three months of account opening to qualify. The offer is limited-time with no specific end date provided. TPG values the points at approximately $2,050 based on June 2026 valuations. Standard application restrictions and eligibility criteria apply