This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

The sign-up offer for the Chase Sapphire Preferred card has been increased to 50,000 points after $4,000 spent within the first three months. You can earn an additional 5,000 points when you add an authorized user and make a purchase within the first 3 months as well.

On Sunday, I answered a reader question about possible credit-card pairings for the Chase Sapphire Preferred, which is probably my top all-round travel card thanks to great benefits like waived foreign transaction fees, Smart Chip technology, primary rental car insurance and bonus earning categories of dining and travel.

However, some readers seemed to be a bit confused about the travel bonus category. Chase announced changes to the card both last year and earlier this year including:

However, this does not mean the Chase Sapphire Preferred is ending its 2x bonus on travel purchases. It just means that, instead of the 2x points plus a bonus point per dollar you earn by booking travel through the Ultimate Rewards portal now, you will just earn the standard 2x bonus whether you book travel through the Ultimate Rewards portal, directly with an airline or hotel, or through online travel agencies like Expedia, Priceline, etc.

You'll continue to earn 2x points per $1 on travel, just not an additional point for booking through Chase.
You’ll continue to earn 2x points per $1 on travel, just not an additional point for booking through Chase.

Though it’s a blow to the program, it’s not a major one in my opinion. That’s because, for the purposes of this bonus, Chase defines travel as “airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, travel agencies, discount travel sites, operators of passengers trains, buses, taxis, limos, ferries, tolls, bridges, highways, and parking lots and garages.”

So it’s a very broad category that includes the usual suspects as well as more out-of-the-box expenses like taxis and Uber. That is an important point of departure from other similar cards like the American Express Premier Rewards Gold, which offers 3x points but just on airfare rather than several travel categories, for example, or the Citi Hilton HHonors Reserve, which offers 5x points on airline and car rental purchases and 10x points on Hilton hotel purchases, but not other travel merchants.

As a reminder, here are the current sign-up bonus and card details for the Sapphire Preferred:

  • Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That’s $500 in travel when you redeem through Chase Ultimate Rewards.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.
  • 2x points on travel and dining at restaurants & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees, plus Chip and Signature enabled for international travel.
  • 1:1 point transfer to leading frequent travel programs at full value – that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points.
  • 24/7 direct access to dedicated customer service specialists.
  • Introductory Annual Fee of $0 the first year, then $95.

For more information on the Chase Sapphire Preferred and its benefits, check out the following posts:

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.