Chase Boosts Bonuses for Both Sapphire Cards (Limited Time)
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The limited-time offer described in this article ended on June 13, 2024, so this article is out of date. See our reviews of the the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® for the current offers.
For a limited time, both the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are offering elevated sign-up bonuses compared with their standard offers.
Starting May 2, 2024, new Sapphire cardholders can get the following welcome offers by meeting the spending requirements:
Chase Sapphire Preferred® Card: Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's worth over $900 when redeemed through Chase Travel℠.
Chase Sapphire Reserve®: Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's worth $1,125 when redeemed through Chase Travel℠.
Even though the sign-up bonuses have the same point total — 75,000 points — they’re valued differently because of the way points can be used with each card. When you use points to book through Chase's travel portal, they're worth 1.5 cents apiece with the Chase Sapphire Reserve®, but only 1.25 cents each with the Chase Sapphire Preferred® Card.
The Reserve has a $550 annual fee, while the Sapphire Preferred’s is considerably less at $95.
A 75,000-point bonus on either card is one of the best offers in a while. The last time the Chase Sapphire Reserve® offered an elevated bonus was in October 2022, when the welcome offer was 80,000 points. The Preferred also had an 80,000-point bonus over a year ago in April 2023. If you’ve been considering getting either Sapphire card, now is as good a time as any.
Chase wouldn’t disclose when these limited-time offers would expire. However, previous Chase sign-up bonus promotions lasted just a few months.
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