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Now 50,000 Points! Best Bonus Ever for Chase Sapphire Preferred!

Now 50,000 Points! Best Bonus Ever for Chase Sapphire Preferred!

Million Mile SecretsNow 50,000 Points! Best Bonus Ever for Chase Sapphire Preferred!Million Mile Secrets Team

The regular offer on the Chase Sapphire Preferred has increased!  You’ll now earn 50,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first 3 months from account opening. 

That’s worth $625 in travel when you redeem through the Chase Ultimate Rewards travel portal.  And potentially much more when you transfer points to airline and hotel partners, like Hyatt, United Airlines, or British Airways!

This is an excellent deal because the previous sign-up bonus was 40,000 Chase Ultimate Rewards points after meeting minimum spending requirements.

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Enjoy a Beach Vacation to the Caribbean or Hawaii! Both Are Possible With the Points You’ll Earn With the Chase Sapphire Preferred!

This is as high as the sign-up bonus on this card gets.  I’ve never seen a higher offer.

I’ll explain why this is my favorite card for Big Travel, especially for folks new to miles and points!

Chase Sapphire Preferred 50,000-Point Bonus

Link:  Chase Sapphire Preferred

When you open the Chase Sapphire Preferred card, you’ll earn 50,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first 3 months from account opening. 

When you book travel through the Chase Ultimate Rewards travel portal, your points are worth 1.25 cents each.  So 50,000 Chase Ultimate Rewards points is worth $625 in paid travel (50,000 points X 1.25 cents per point)! 

You’ll also get: 

 

  • Earn 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
  • 5,000 bonus Chase Ultimate Rewards points when you add an authorized user and make a purchase within the first 3 months of opening your account
  • Primary car rental insurance – Covers damage or theft to your rental car, when you pay for the rental with your card
  • Trip delay reimbursement – Get up to $500 back per ticket when your trip is delayed more than 12 hours
  • $0 foreign transaction fees

The annual fee is $0 for the first year, then $95.  This makes it easy to evaluate the card for ~10 months without a fee to see how you like it.

If you decide to cancel, it’s very easy to do so by sending Chase a secure message through your Chase account.  Or you can call.

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
This Is Exciting! Earn 50,000 Chase Ultimate Rewards Points With the Chase Sapphire Preferred, My Favorite Kind of Points – and the Top Card I Recommend to Beginners

That said, this is one of the cards I keep year after year Because Chase Ultimate Rewards points are my favorite kind of points!

And it’s also the top card I recommend if you’re new to miles and points.

The 2X travel category is broadly defined as:

Airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, travel agencies, discount travel sites, and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges, and highways, and parking lots and garages.

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Hello! Talk to a Person When You Call for Assistance, With No Phone Menus to Navigate

Another thing I like about this card is you talk to a person when you call.  That’s why I call this the best card for impatient people.  And I’ve found their agents to be very helpful!

This is one of my go-to cards while overseas.  Because when I use it there are $0 foreign transaction fees.  I also like earning 2X points on travel and dining when I try new restaurants in the places I visit.

Some folks like that with Chase Sapphire Preferred, you can access special VIP events.

Note:   If you’ve already held this card, the terms and conditions say you can earn the bonus again as long as you have not received the bonus in the past 24 months, or if you currently have the card.

Chase has gotten stricter about their approvals, so if you’ve opened more than 5+ new credit cards within the past 24 months (except certain small business cards) it’s unlikely you’ll get approved for the Chase Sapphire Preferred.

The bonus points will post to your account on your billing statement following when you meet the minimum spending requirements.

And because this is a Visa Signature card, you’ll be eligible for Visa discounts!

What Can You Do With 50,000 Chase Ultimate Rewards Points?

With the Chase Sapphire Preferred, you’ll earn flexible Chase Ultimate Rewards points which you can transfer to airline and hotel partners such as United Airlines and Hyatt.  There are never any transfer fees and most transfers are instant.

 Chase Ultimate Rewards Airline Transfer Partners 
Aer LingusBritish AirwaysFlying Blue (Air France/KLM)
IberiaKorean AirSingapore Airlines
SouthwestUnited AirlinesVirgin Atlantic
 Chase Ultimate Rewards Hotel Transfer Partners 
HyattIHGMarriott
Ritz-Carlton

For most folks, starting with flexible bank points helps you get Big Travel with Small Money, like award flights to Europe.  Here’s how to decide which type of miles to collect for your trip!

When you have the Chase Sapphire Preferred, Ink Business Preferred℠ Credit Card, Chase Ink Plus (no longer available) or Chase Ink Bold (no longer available), you can transfer the points you’ve earned with the Chase Freedom or Chase Ink Cash to partner airlines and hotels.

Note:   Once you transfer your Chase Ultimate Rewards points to travel partners, you can NOT transfer them back.

Here are a few excellent ways to use your Chase Ultimate Rewards points for Big Travel to get you started!

1.   Award Flights on United Airlines

Link:   United Airlines Award Charts

Link:   My Ultimate Guide to United Airlines Miles 

You can instantly transfer Chase Ultimate Rewards points to United Airlines at a 1:1 ratio if you have the Chase Sapphire PreferredInk Business Preferred℠ Credit Card, Chase Ink Plus (no longer available) or Chase Ink Bold (no longer available)

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Transfer 25,000 Chase Ultimate Rewards Points to United Airlines and Then Visit Colorful Boulder, Colorado, With 25,000 United Airlines Miles From Anywhere in the Mainland US or Canada!

For 25,000 United Airlines miles, you can get a round-trip award flight to anywhere within the mainland US or Canada.  50,000 United Airlines miles is enough for 2 round-trip award flights!

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Use Your United Airlines Miles to Fly All Over the World With Partner Airlines!

I love that United Airlines does NOT add fuel surcharges to their award tickets.

And remember, you can also use United Airlines miles to book flights on partner airlines like Air Canada and Lufthansa!

2.   Deals to Hawaii With Singapore Airlines

Link:   Singapore Airlines Partner Award Charts

Singapore Airlines is a member of the Star Alliance, along with United Airlines.

So you can book United Airlines flights using Singapore Airlines miles.  Including award flights to Hawaii!

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Surf in Hawaii for Fewer Miles! Transfer Your Chase Ultimate Rewards Points to Singapore Airlines, Then Book Flights on United Airlines!

You can book the exact same United Airlines flights using fewer miles with Singapore Airlines miles.

You’ll save 10,000 miles per person when you fly coach.  And 20,000 miles when you fly First or Business Class!  If you want to fly the whole family, those miles can really add up!

Read my post on how to book United Airlines flights with Singapore Airlines miles.

3.   Award Stays at Hyatt

Link:   Hyatt Award Chart

50,000 Chase Ultimate Rewards points is enough for 2 award nights at a Category 6 Hyatt hotel (their 2nd-highest tier), including the all-inclusive Hyatt Ziva Cancun with double occupancy.

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Enjoy an All-Inclusive Stay at the Hyatt Ziva Cancun! Eat and Drink as Much as You Want, and Then Enjoy the Pool or White Sand Beach

I found nights in February for ~$524 a night.

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Save Over $1,000 on a Mexican Getaway!

So you’d save over $1,000 if you redeem your points instead!

Now 50,000 Points Best Bonus Ever For Chase Sapphire Preferred
Stretch Out Your Points for More Award Nights at Lower Category Hotels

Or, you can redeem 50,000 Hyatt points for 10 award nights at Category 1 hotels, like the Hyatt Regency Albuquerque.

Here are all the ways to earn Hyatt points!

4.   Award Flights on Southwest

50,000 Southwest points are worth ~$625 to ~$715 in Southwest flights. The number of points required to book a Southwest flight depends directly on the advertised fare.

When you have the Southwest Companion Pass, a friend or family member flies with you for (almost) free every time you fly Southwest for up to 2 years!  That’s like getting 2 tickets for the price of 1, so your points are worth double!

As a reminder, the Chase Ultimate Rewards points you transfer to Southwest do NOT count toward the Southwest Companion Pass.

Southwest Now Flies to Many Caribbean Destinations, Including Punta Cana in the Dominican Republic

Don’t forget, you can use your Southwest points to fly to the Caribbean!

Emily and I love to fly Southwest because you get 2 free checked bags on each flight and you never have to worry about change or cancellation fees!

5.   Any Available Flight!

When you book flights through the Chase Ultimate Rewards travel portal, each point is worth 1.25 cents.

So you’ll get $625 worth of travel with the 50,000 points you earn with the Chase Sapphire Preferred sign-up bonus.

The advantage of this is you don’t have to worry about blackout dates or finding award seats.  And you’ll still earn miles for your flight!

Should You Apply?

Link:   Chase Freedom®

Link:   Ink Business Cash℠ Credit Card

The current sign-up on bonus on the Chase Sapphire Preferred is as high as it gets.

10,000 more Chase Ultimate Rewards points may not seem like a huge increase over the previous offer, but consider how much those extra points are worth:

  • Enough for a short 1-way coach award flight within the mainland US, Canada, or Alaska on United Airlines (It’s only 10,000 United Airlines miles for flights under 700 miles.  Or 12,500 United Airlines miles for flights over 700 miles)
  • 2 award nights at a Category 1 Hyatt hotel
  • ~$125 to ~$143 worth of flights on Southwest
  • $125 toward flights with the Chase Travel Portal

Or you could use 10,000 Chase Ultimate Rewards points for $100 in cash back.

And don’t forget, when you pair it with the Chase Freedom or Chase Ink Business Cash Credit Card, you can combine all your points in your Sapphire Preferred account, then transfer them to hotel and airline partners!

Bottom Line

The Chase Sapphire Preferred card has a higher sign-up bonus.  You’ll earn 50,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first 3 months from account opening.  That’s worth $625 in travel when you redeem through Chase Ultimate Rewards®.

That’s the highest I’ve seen on this card, so if you’ve been thinking about getting it, now is a great time.

The previous sign-up bonus was 40,000 Chase Ultimate Rewards points after meeting minimum spending requirements.  And the extra 10,000 points are worth at least $100, and possibly much more when you transfer them to airline and hotel partners like United Airlines, Singapore Airlines, Hyatt, and Southwest.

When anyone asks me which card I recommend, it’s this one, especially if you’re new to miles and points.

Chase Ultimate Rewards points are my favorite kind of points!  Because they have great transfer partners.  And they’re relatively easy to earn with category bonuses such as double points on dining with Chase Sapphire Preferred.

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Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • 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®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 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 travel 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

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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163 comments

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Love the flexibility of this card with travel partners. However am using my Sapphire Reserve more often for the increased point value and additional perks. Both excellent cards and worth the annual fees considering all the benefits!

Love the variety of transfer partners. Works great for all of the airports and airline options near DC.

Carrie @ SeasonItAlready

This was my #1 points collecting card for the longest time! I now use it for restaurants and travel only (double points!) and use the other Chase cards available to maximize those points.

Love the many travel partners they have, especially Korean air and hyatt!

Love the variety of travel partners, especially Korean air and hyatt.

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