Chase has set a firm deadline for its elevated welcome bonus on the Sapphire Preferred card. The 100,000-point offer after $5,000 in spending within three months will close at 9 a.m. ET on July 30. This marks one of the largest public bonuses the card has carried in its history.
The Offer and Its Timeline
The current promotion provides 100,000 Ultimate Rewards points once the spending threshold is met. That amount carries a July 2026 valuation of roughly $2,050 according to The Points Guy. The card itself carries a $95 annual fee, which remains unchanged during the promotion.
Applicants must complete the required spend inside the first three months after approval. The window closes sharply on the stated date and time, leaving little room for last-minute decisions. Those who miss the cutoff will likely see the standard bonus return to a lower level.
Why the 100,000-Point Level Matters
Before this limited promotion, the Sapphire Preferred typically advertised 75,000 points after the same spending requirement. The extra 25,000 points represent more than $500 in additional value under current valuations. Public 100,000-point offers have appeared only twice before in the card鈥檚 17-year existence.
The rarity alone makes the current window notable. Chase has not made this level available often, and past high offers have disappeared without immediate replacement. Cardholders who qualify now gain access to a sizable points balance at a modest annual cost.
Key Eligibility Rules
Approval requires compliance with Chase鈥檚 5/24 rule, which limits new personal card openings across all issuers in the prior 24 months. Strong credit is also generally necessary. The issuer states that current cardholders cannot receive the welcome bonus, and previous bonus recipients may face restrictions.
Some longtime former cardholders have reported approval without the expected pop-up warning. Results vary by individual, and anyone considering a second application should review their own history carefully before proceeding. The terms remain clear that the bonus is unavailable to existing Sapphire Preferred holders.
What 100,000 Points Can Deliver
Chase Ultimate Rewards points offer strong flexibility through either direct redemption or transfers to 14 airline and hotel partners. At more than 2 cents per point on average, the 100,000-point balance can cover substantial travel.
Common redemptions include business-class flights to Europe or Japan, multiple nights at resorts, or several domestic economy trips. Direct booking through Chase Travel provides a simpler fixed-value option, while transfers often yield higher returns for longer journeys.
- Three nights at an all-inclusive resort
- Business-class travel to Europe
- Business-class travel to Japan
- Multiple nights in Hawaii
- Theme-park packages in Orlando
Next Steps Before the Deadline
Anyone eligible and able to meet the spending requirement should evaluate the card promptly. The combination of a low annual fee and an unusually large bonus has appeared infrequently enough that waiting carries clear risk. Once the July 30 cutoff passes, the elevated offer is unlikely to return immediately.
Review personal credit activity against the 5/24 guideline and confirm the ability to reach the $5,000 threshold. Those who act now can secure one of the stronger entry-level travel rewards opportunities available this year.
