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January 13, 2025: Today we checked in on the online and in-branch sign-up bonus offers available on the Sapphire Preferred® Card. The best current bonus still remains at 60,000 points online, but you can still get an additional 10,000 points with an additional $1,000 spending through the available in-branch offer.
Here’s what you need to know about the current Chase Sapphire Preferred® Card new cardmember bonuses.
Best Sapphire Preferred® Card sign-up bonuses in January 2025
Annual fee: annual_fees
Best sign-up bonus online: bonus_miles_full
Learn how to apply.
This bonus is earned as Chase Ultimate Rewards® points.
Additional sign-up bonus in-branch: As of January 13, 2025, Chase is offering an exclusive in-branch offer. You can earn 70,000 bonus points after you spend $5,000 in purchases in the first 3 months from account opening. This offer is only available in-branch from a Chase banker.
My take: A decent offer on a good card
The current offer on the Chase Sapphire Preferred® Card is objectively a good offer. It makes our list of the best large credit card cash back bonuses. While we’d love it if you got the card through our affiliate links on this site, the in-branch offer is (in our view) a better offer, so go delight a Chase banker and apply in-branch for an extra 10,000 points after an extra $1,000 of spending on the card.
Chase has historically increased the bonus once or twice a year since we started tracking. The offer that ended on November 14, 2024 was perhaps the best offer that existed since the card launched. No one but Chase’s marketing department knows if that bonus will return. My guess is that we won’t see any increased bonus until well into 2025.
Relative to the market, the Sapphire Preferred’s welcome bonus is on-par with what you’d get from similar premium travel credit cards with similar annual fees.
If the card fits within your reward strategy, it probably doesn’t make sense to wait. But if you’re just looking for a card that opens up additional value for Chase Travel℠ and point transfers to partners, take a peek at the Ink Business Preferred® Credit Card. That card has a similar annual fee and a larger welcome bonus.
In-branch exclusive offer: 70k points after $5,000 of spending
On January 13, 2025, we checked in on the in-branch offers on the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve®. We found that the Sapphire Preferred in-branch exclusive offer features 10,000 more points than the online offer, albeit with the requirement to spend $1,000 more on the card:
Exclusive branch only offer — Earn 70,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You can redeem your points through Chase Ultimate Rewards® for cash back, gift cards, or travel through Chase Travel℠ for even more value.
In-branch welcome offers change from time to time and this information is accurate as of our last check. The in-branch offer may be different or may no longer be available.
Are you eligible to earn the sign-up bonus?
Chase’s terms seem to restrict who can get a new Chase Sapphire Preferred® card, rather than who can earn a bonus. Conceivably, if you can get the card, you can earn a bonus. Here are the rules:
First, you cannot have any other Sapphire-branded credit card. If you currently have a Chase Sapphire Preferred®, you cannot get a second Sapphire Preferred card. And likewise, if you have either the Chase Sapphire Reserve® or the no-annual-fee Chase Sapphire® card (not available to new cardmembers) you won’t be able to open a new Sapphire Preferred card.
Second, you cannot have received a bonus for any Sapphire card within the previous 48 months. This includes both the Chase Sapphire Preferred® and Chase Sapphire Reserve®. Keep in mind that the terms and conditions of the bonus offer state that you cannot have received a bonus within the previous 48 months. Personally, I read that as 48 months from the statement date on which your bonus posted.
Here’s the exact text of the bonus terms and conditions:
The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months.
Chase Sapphire Preferred® offer terms
Chase Sapphire Preferred® Card at a glance
The Chase Sapphire Preferred® Card offers access to Chase’s valuable Ultimate Rewards® transfer partners, plus some of the best travel insurance protections you’ll get on a credit card at this price point. The card is best for travelers who travel by air at least a few times a year.
Sign-up bonus
bonus_miles_full Learn how to apply.
Chase occasionally offers a better sign-up bonus Chase Sapphire Preferred® Card in-branch. See our coverage of the Sapphire Preferred sign-up bonus for details on what else might be available.
Rewards
- 5x on travel purchased through Chase Travel℠,
excluding hotel purchases that qualify for the $50 annual Chase Travel hotel credit. - 5x on Lyft rides through March 31, 2025.
- 5x on Peloton equipment and accessory purchases over $150,
with a maximum of 25,000 total points through March 31, 2025. - 3x on dining, including eligible takeout and delivery services.
- 3x on online grocery purchases,
excluding Target, Walmart, and wholesale clubs. - 3x points on select streaming services.
- 2x on other travel purchases.
- 1x on other purchases.
Rewards are earned as Chase Ultimate Rewards® points.
Ultimate Rewards® can be combined across cards you hold. If you hold a premium Ultimate Rewards card, you can transfer your points to Chase’s transfer partners or use your points for increased value when you book travel through Chase Travel℠. For more about using Ultimate Rewards, check out our guide on the Ultimate Rewards program.
Benefits
Consumer insurance benefits
- Purchase protection. Offers coverage for up to 120 days against damage or theft of new purchases for up to $500 per claim and $50,000 per account.
- Extended warranty protection. Adds one year of coverage to U.S. manufacturer’s warranties of 3 years or less.
Travel insurance benefits
- Trip cancellation/interruption insurance. Covers non-refundable pre-paid travel expenses, including passenger fares, tours, and hotels if your trip is canceled or cut short by sickness, severe weather, or other covered situations. Coverage is included up to $10,000 per person and $20,000 per trip.
- Auto rental collision damage waiver. Provides primary rental car coverage against collision and theft for most rental cars in the U.S. and abroad when you decline the rental company’s collision damage waiver insurance and use your card to rent your car.
- Baggage delay insurance. Offers reimbursement for essential purchases like toiletries and clothing when your baggage is delayed by more than 6 hours. Coverage is provided up to $100 a day for 5 days.
- Trip delay reimbursement. Covers essential expenses, such as meals and lodging if your travel by common carrier is delayed by 12 hours or more or requires an overnight stay. Coverage is provided up to $500 per ticket.
- Lost luggage reimbursement. If your luggage is lost while traveling by common carrier, this benefit can reimburse you up to $3,000 per covered person, per trip to replace your lost luggage.
- Travel accident insurance. This insurance pays a fixed amount for certain losses of life and limb when you charge your airfare to your card.
- Travel and emergency assistance services. This service can provide referrals to a variety of medical, legal, and travel emergency services when traveling abroad. You are responsible for the costs of any services provided.
Partner benefits and statement credits
- DoorDash DashPass Subscription, plus $10 monthly discount. Receive complimentary access to DashPass—a membership for both DoorDash and Caviar—for at least one year when you activate by December 31, 2027. DoorDash members get up to $10 off a month on non-restaurant orders.
- $50 Chase Travel℠ annual credit. Earn up to $50 in statement credits each account anniversary year for hotels stays purchased through Chase Travel.
Rewards benefits
- More value for points when redeemed through Chase Travel℠. Get 25% more value when your points are redeemed for travel through Chase Travel.
- 10% anniversary bonus. Get bonus points equal to 10% of your total purchases in the previous account anniversary year on your account anniversary. For example, if you made $25,000 of purchases on your card, you’ll get 2,500 bonus points.
- Point transfers to airline and hotel partners. Transfer your points to one of Chase’s many airline and hotel transfer partners. See our guide to Ultimate Rewards® for more details on how to use points.
More on Chase Chase Sapphire Preferred® sign up bonuses
Here’s a bit more on how to get the best Chase Sapphire Preferred® Card sign up bonus, including how you may be targeted for an even bigger bonus.
Chase may send out targeted larger offers.
Within the last several months, I’ve seen posts on Reddit indicating that Chase is sending out targeted offers with higher welcome bonuses. Doctor of Credit also reported this a while back. If you’re in the market for a Chase Sapphire Preferred® Card, keep an eye on your mail, since people who received these offers received the via direct mail. We know of no way to trigger being targeted for the higher welcome bonus.
The best way to use your Chase Sapphire Preferred® bonus points
The Chase Sapphire Preferred® Card earns Ultimate Rewards® points, which can be used for cash back, travel, and a variety of other redemptions. However, not all redemption options are created equal. The Sapphire Preferred offers you two of the best ways to use your Ultimate Rewards points: Point transfers to partners and booking travel through Chase Travel℠ for 25% more value. Here are the best ways to use your points.
- Cash back. You can always use Ultimate Rewards® points for cash back redemptions. You’ll get 1 cent per point for cash back redemptions on any Ultimate Rewards credit card.
- Options available with premium cards. If you hold a premium Ultimate Rewards card, you can a few additional options for using your points. Premium Ultimate Rewards cards include the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card. You can also use the points you earn on your no-annual-fee card for these premium redemption options if you first transfer your points to your premium card.
- Travel through Chase Travel℠. Premium Ultimate Rewards cards offer increased value when you use your points to book travel through Chase Travel℠. You get 25% more value for bookings through Chase Tavel with the Sapphire Preferred or Ink Preferred. And you’ll get 50% more value for bookings made through the Sapphire Reserve card.
- Transfers to airline and hotel partners. All of the Premium Ultimate Rewards cards offer point transfers to travel partners. Transfers to partners offer the opportunity to get outsized value for your points through luxury travel redemptions. Our favorite Ultimate Rewards® transfer partners include Air Canada Aeroplan, Air France/KLM Flying Blue, British Airways Avios, United Mileage Plus, Virgin Atlantic Flying Club, and World of Hyatt.
Other ways to get Ultimate Rewards® points
Getting a new Chase Sapphire Preferred® Card isn’t the only way to earn Ultimate Rewards® points. Several other personal and small business cards earn Ultimate Rewards, and the Chase Ink-branded cards in particular offer incredibly generous welcome bonuses on cards with no annual fee. And Ultimate Rewards you earn on another card can be transferred to your Sapphire Preferred.
We continuously updated our list of the best Ultimate Rewards welcome bonuses. Bookmark that list of you want to earn Ultimate Rewards points.
Bottom line: A decent sign-up bonus on a core Ultimate Rewards® card
The current 60,000 point bonus is a decent bonus on one of the cards that is core to building an Ultimate Rewards® wallet. If you’re thinking of applying for the Chase Sapphire Preferred® Card and live nearby a Chase branch, be sure to check in branch to see if there is a better bonus on offer.
Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.
