What happened
Chase Sapphire Preferred welcome offer increased to 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. The more premium Chase Sapphire Reserve is also currently offering 100,000 bonus points, though those points are earned after spending $6,000 on purchases in the first three months from account opening. The article notes the Sapphire Preferred's $95 annual fee and up to $100 annual statement credit for prepaid hotel bookings via Chase Travel, while the Sapphire Reserve charges $795 with various credits like $300 DoorDash