In this article
75,000 Point Bonus on Chase Sapphire Preferred® and the Chase Sapphire Reserve®
It’s back – almost! Yes, we’ve seen 80,000 point offers and even one 100,000 point offer, but the baseline is 60,000 points and many have been waiting a while for higher.
If you subscribe to our Bonus Offer Notifications on Your Best Credit Cards (just create a free account and then choose the cards you want to be notified about offer changes on), you got a notification today 🙂
Right now, you can get 75,000 Point Bonus on either the Chase Sapphire Preferred® or the Chase Sapphire Reserve® when you spend $4,000 within 3 months.
Eligibility Criteria
Anyone that does not currently have a Chase Sapphire Reserve or Chase Sapphire Preferred card is eligible as long as they have not received a bonus on a Sapphire series card in the past 48 months. You must also be under 5/24.
If it’s been 48 months but you currently hold either card, you are able to downgrade your Sapphire card to a no-annual fee Chase Freedom Flex or Chase Freedom Unlimited, wait two weeks or so, and then apply anew for this fantastic offer. This could make sense if you don’t already have a Freedom Flex or Freedom Unlimited since they pair so well with the Sapphire cards.
Unlike past elevated offers that only included the Chase Sapphire Preferred®, this one includes the Chase Sapphire Reserve® as well.
If you redeem in the simplest way possible, which is for travel using Chase Travel, your points are worth 1.25 cents each with the Preferred and 1.5 cents with the Reserve and therefore the bonus is worth at least $937.50 on the Preferred and $1,125 on the Reserve.
But if you have read the MilesTalk guide to Chase Ultimate Rewards, then you know that by utilizing transfer partners, the value gets even richer.
Click to learn how to apply for the Chase Sapphire Preferred 75,000 point bonus offer or the Chase Sapphire Reserve 75,000 point bonus offer.
Getting Extreme Value from Chase Ultimate Rewards Points
For example, by transferring the points to World of Hyatt, you could book 2 nights at Ventana Big Sur, worth around $5,000.
Of course there are loads of ways to use 75,000 points for some great First or Business Class travel, as described in the guide.
Click to learn how to apply for the Chase Sapphire Preferred 75,000 point bonus offer or the Chase Sapphire Reserve 75,000 point bonus offer.
The Chase Sapphire Preferred® Card Remains the Best “Starter” Card for Miles and Points
Don’t confuse that with “best card” or “best earning card” because it’s not. With an earn rate of 2X on travel and dining, and 1X on everything else, it’s “OK,” however, we can do better in all categories.
But the points you earn are fully transferable to Chase Ultimate Rewards transfer partners and 75,000 is more than enough to get the hang of how the Chase points ecosystem operates. (And I’ll help you!)
With just a $95 annual fee, it’s a low risk way to get started. As soon as you have your bearings, I advise adding a Freedom Flex or Freedom Unlimited, which both earn 3X on dining and drugstores and can be combined into your Sapphire points balance (As an aside: You can have both – creating a Chase Trifecta!)
Because you can’t transfer points unless you have an Ultimate Rewards card with an annual fee like the Chase Sapphire Preferred). You could also consider a full-on Chase Trifecta.
It also comes with these card benefits:
- Primary car rental CDW (collision damage waiver) coverage.
- Trip delay insurance benefits, up to $500 per covered claim
- Trip cancelation insurance benefits, up to $10,000 per person per covered claim $20,000 per trip max.
- Baggage delay and lost luggage insurance benefits
- Purchase Protection covers new purchases made with the Preferred card for 120 days against damage or theft (Up to $500 per claim and $50,000 per account).
- Extended Warranty Protection extends the U.S. manufacturer’s warranty by an extra year (on eligible warranties of 3 years or less).
- No foreign transaction fees.
- 5X on Lyft rides through March 2025.
Chase Ultimate Rewards Transfer Partners
For me, Hyatt is the number one transfer partner, hands down, because of the amazing value on redemptions. But you have lots of options.
| Chase Ultimate Rewards Transfer Partners | Last Updated: August 2021 | |
|---|---|---|
| Transfer Ratio | Expected Transfer Time * | |
| Aer Lingus Avios | 1:1 | Instant |
| Air Canada Aeroplan | 1:1 | Instant |
| Air France Flying Blue | 1:1 | Instant |
| British Airways Avios | 1:1 | Instant |
| Emirates | 1:1 | Instant |
| Iberia Avios | 1:1 | Instant |
| JetBlue | 1:1 | Instant |
| Singapore Airlines KrisFlyer | 1:1 | ~ 1 - 2 days |
| Southwest Airlines | 1:1 | Instant |
| United MileagePlus | 1:1 | Instant |
| Virgin Atlantic Flying Club | 1:1 | Instant |
| Hyatt | 1:1 | Instant |
| Marriott Bonvoy | 1:1 | ~ 1-2 days |
| IHG Rewards Club | 1:1 | ~ 24 hours |
Bottom Line
For the most part, this is a case of IYKYK. Meaning that if you have been waiting for a better offer to jump on with either of these cards, you can finally do just that.
Also note that if you apply in-branch, you can get an additional 10,000 points, although it requires $2,000 more spend. If you live right by a branch that may be worth the time it takes to apply in person.
Chase Sapphire Preferred® Card Earn 75,000 bonus Ultimate Rewards points (worth over $900 in free travel) when you spend $4,000 in 3 months. How to apply for this offer.
