BIG Chase Sapphire Preferred Increase! Up to 80,000 Chase Ultimate Rewards Points (Worth AT LEAST $1,000 in Travel)

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BIG Chase Sapphire Preferred Increase! Up to 80,000 Chase Ultimate Rewards Points (Worth AT LEAST $1,000 in Travel)

Joseph HostetlerBIG Chase Sapphire Preferred Increase! Up to 80,000 Chase Ultimate Rewards Points (Worth AT LEAST $1,000 in Travel)Million Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

Yowza!  There’s another BIG opportunity to earn a ton of Chase Ultimate Rewards points.  But you’re going to have to spend a ton to get in on the deal.

Yesterday I told you about the highest-ever 120,000 point bonus for the Ink Business Preferred.  And now, you can earn up to 80,000 Chase Ultimate Rewards points when you open the Chase Sapphire Preferred and meet substantial tiered spending requirements.  To unlock the full bonus, you’ll have to spend a total of $20,000 on purchases in the first year of opening your card.

This is by far the highest sign-up bonus we’ve ever seen for this card.  But because of the high spending requirement, it’s definitely not for everyone.  That said, if you don’t already have the card, and you’re able to easily meet the spending requirement, you might consider the offer.

We don’t earn a commission for the 80,000-point offer, but we’ll always tell you about new and exciting deals!

The information for this offer for the Chase Sapphire Preferred Card has been collected independently by Million Mile Secrets.  The card details on this page have not been reviewed or provided by the card issuer.

BIG Chase Sapphire Preferred Increase Up To 80000 Chase Ultimate Rewards Points Worth AT LEAST 1000 In Travel
You Could Transfer This Increased Bonus to Hyatt for 4 Nights at the Grand Hyatt Baha Mar in the Bahamas!

Here’s what you need to know.

Highest-Ever 80,000 Chase Ultimate Rewards Points With the Chase Sapphire Preferred

Link:  Chase Sapphire Preferred 80,000 Point Offer

The Chase Sapphire Preferred is our favorite credit card for beginners.  So it’s thrilling to see such a high sign-up bonus to help y’all get off to a strong start!  But this increased offer comes with a hefty minimum spending requirement – and many folks prefer to use that amount of spending to unlock sign-up bonuses on multiple cards.

You’ll earn:

  • 50,000 Chase Ultimate Rewards points after spending $4,000 on purchases in the first 3 months from account opening
  • 30,000 more Chase Ultimate Rewards points after spending a total of $20,000 on purchases within the first year

The $95 annual fee is waived the first year.

The normal sign-up bonus for this card is 50,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first 3 months from account opening.

Note:   If you aren’t interested in such a high spending requirement, you can still use our link for the regular offer.

Spending a total of $20,000 on purchases in a year to earn an extra 30,000 Chase Ultimate Rewards points only makes sense if you’re already a big spender.  But most of us on the Million Mile Secrets team prefer to use that spending to unlock sign-up bonuses on multiple cards.

For example, if you’re a small business owner, you could earn a similar 80,000 Chase Ultimate Rewards points bonus by opening a Chase Ink Business Preferred.  And the minimum spending is much lower – you’ll earn the full bonus after spending $5,000 on purchases in the first 3 months of account opening.

Or consider bypassing this offer and applying instead for the Chase Sapphire Reserve.  It comes with a sign-up bonus of 50,000 Chase Ultimate Rewards points after spending $4,000 on purchases in the first 3 months of opening your account.

But because it earns 3X Chase Ultimate Rewards points per $1 on travel (excluding $300 travel credit) and dining, you’ll actually do better with this card if you spend a lot in those categories.  Because it’ll take just $10,000 in extra spending in those categories to earn 30,000 Chase Ultimate Rewards points (3X points per $1 X $10,000).

What Could You Do With the Points?

Regardless of your travel goals, you can make great use of this increased Chase Sapphire Preferred offer.  That’s because the card earns Chase Ultimate Rewards points, which you can use towards travel expenses like airfare, hotels, car rentals, etc.

You can redeem your points through the Chase Ultimate Rewards Travel Portal at 1.25 cents each with the Chase Sapphire Preferred.  So this 80,000-point bonus is worth at LEAST $1,000 in travel (80,000 points X 1.25 cents each).  But you can get even more value if you transfer them to travel partners, like United Airlines, Singapore Airlines, and Hyatt.

For example, you could transfer 72,000 Chase Ultimate Rewards points to Singapore Airlines, and use this bonus for 3 round-trip flights from California to Hawaii.  These could easily cost you $2,000 otherwise!

BIG Chase Sapphire Preferred Increase Up To 80000 Chase Ultimate Rewards Points Worth AT LEAST 1000 In Travel
Using Singapore Airlines to Get to Hawaii Is One of the Cheapest Options Out There!

Chase Ultimate Rewards points are perhaps THE best kind of points to collect, because of their flexibility.  But for this offer, you’ll have to consider your spending habits and if it makes more sense to use $20,000 to meet minimum spending on multiple cards.

Bottom Line

There has never been a higher offer for the Chase Sapphire Preferred than right now.  But this offer isn’t for most folks because of the high minimum spending requirement.

You’ll earn 50,000 Chase Ultimate Rewards points after spending $4,000 on purchases in the first 3 months from account opening.  And 30,000 more Chase Ultimate Rewards points after spending a total of $20,000 on purchases within the first year.

If you’re not interested in such a big spending requirement, you can still check out our link for the regular offer.  You’ll earn 50,000 Chase Ultimate Rewards points after spending $4,000 on purchases in the first 3 months from account opening.  And it’s our favorite card for beginners!

We don’t earn a commission for this increased offer, but we’ll always share new deals with you.  Let us know what you think about this offer in the comments!

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I recently signed up for Sapphire Preferred, but I was given a response today by Chase that additional bonus of 30K require spending a total of 30,000 in the first year and not the 20,000 mentioned above.

Do you remember what offer you applied for? Because if you click through the link on this page, the application it leads you to clearly says it’s only $20,000. So unless you applied through a different offer, then I would get clarification from Chase.

So does it sound like Chase may come out with a better offer for the Reserve as well…I’d rather wait for that…

I haven’t heard anything about an increased offer for the Chase Sapphire Reserve. But this deal came out of nowhere. So who knows!

Hoping for 75k points at least…

Chase doesn't match

Actually just yesterday they removed benefits from the Reserve (no more 3x on $300 credit, purchase protection removed, and priority pass limited)…

Chase doesn't match

Changes go in effect on August 26th, so if I were you I’d change the waiting strategy.

I also just applied for this card just a few days ago and got the card today. I just emailed them and am waiting for their reply (asking for the bump to the higher offer). We will see.

I got my reply from them. They denied me the new offer. When did Chase stop matching new offers that come within the same week of opening the card? Ive already put the first $5000 on the card and I just got it.

Hi Kathy – Sorry to hear that! I’d probably try giving them a call and see if speaking to someone will help. Not sure if they’ve changed their policy though.

Chase doesn't match

Applied and approved on Monday for $14,600, received the card two days ago. So far put $1,200 spending on the card in two days (nothing posted, still all pending), just called to get the offer matched and they said No!
Which is fine, I’ll just use them to get my sign up bonus to then use them again when the new United Explorer Card comes in June (really need to renew that Global Entry), and then use them again with the Hyatt, while I keep my daily spending with Amex or Citi.
Just wonder why give such high credit limit and then refuse to match an offer that will detour consumer’ spending towards them!

Hi CDM – Sorry to hear that! It does sound like matching offers is not as simple as it used to be. Not sure what’s going on.

Chase doesn't match

Thanks Jasmin 🙂
It was more on their interest than mine. I have plenty of other options!

Same thing with me. Applied on the 27th. Received card on the 4th. I called to raise my credit limit on it and asked if they would match the promo. Big no. I messaged them also and again answer was no. I feel they are loosing on this one. 16k is a lot to put on a card. I guess the competition will eat them up on this one.

Isn’t the normal offer exactly the same except for the 2nd tier spend and bonus? If so, I’m wondering why wouldn’t everyone just apply for this new offer even if they didn’t plan to hit the 2nd tier minimum spend. This would give them the opportunity to hit the 2nd tier spending if there were to incur an unplanned large expense (or expenses) throughout the year. Does that make sense?

Hi Mike – That strategy could definitely make sense for some.

Personally, though, if I had an extra $15,000 in spend come up, I’d use it to meet minimum spending on other cards to earn a bunch of sign-up bonuses. 🙂