Chase Sapphire Preferred 100,000 Points Bonus Returns in June 2026
NC
nextcard teamPublished Jun 15, 2026
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Chase is on fire this June.
The Chase Sapphire Preferred® Card is back with its fan favorite limited time bonus: Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
The Sapphire Preferred already sits in the sweet spot for many travelers: it is cheaper than many premium travel cards, but still earns transferable Chase points and includes useful travel benefits. With the return of this huge bonus, it's one of the best times to consider getting the card.
| Feature | Chase Sapphire Preferred |
|---|---|
| Annual fee | $95 |
| Welcome offer (Limited time) | Earn 100,000 bonus points after $5,000 in purchases in the first 3 months |
| Earning categories | 5x Chase Travel; 3x dining, gas, EV charging, online groceries, streaming, and select vacation homes |
| Travel credits | Up to $100 Chase Travel hotel credit each account anniversary year; up to $120 for Global Entry, TSA PreCheck, or NEXUS every 4 years |
| Other benefits | DashPass membership, Apple TV subscription, monthly DoorDash non-restaurant credits (terms apply to these benefits) |
A 100,000-point welcome bonus is unusually strong for a card with a $95 annual fee. The spending requirement is also straightforward: $5,000 in purchases in the first 3 months from account opening.
The biggest reason this offer matters is flexibility. Chase Ultimate Rewards points can be used through Chase Travel, redeemed for cash back or gift cards, or transferred to Chase Ultimate Rewards travel partners. That flexibility makes the bonus more useful than a fixed-value travel credit because you can choose how to redeem based on your trip.
For people planning upcoming travel, this bonus can meaningfully offset flights, hotels, rental cars, vacation rentals, or other travel booked through Chase Travel. It can also be valuable for award travel if you know how to use transfer partners.
The welcome bonus is the headline, but the card itself has also improved (for the average Joe; more on that below). The Sapphire Preferred now earns 3x points on gas and EV charging, plus 3x points on vacation homes at top brands like Airbnb and Vrbo... all while keeping its same earning categories. That makes the card more useful for road trips, family travel, and everyday spending. Not sure how the refresh affects you? Use our Sapphire Preferred calculator.
Cardmembers also receive up to $100 in statement credits each account anniversary year for hotel stays booked through Chase Travel. That credit helps offset the $95 annual fee entirely if you already book at least one eligible hotel stay through Chase.
The card also adds up to $120 in statement credits every four years for Global Entry, TSA PreCheck, or NEXUS, plus a complimentary Apple TV subscription for one year when activated by December 31, 2026. Terms apply.
Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
One major change is worth calling out: Ultimate Rewards points will transfer to World of Hyatt at a 4:3 ratio for Sapphire Preferred cardmembers who apply on or after June 15, 2026. Existing cardmembers who applied before June 15, 2026 keep the current Hyatt transfer structure until October 1, 2026.
That change matters significantly because Hyatt has historically been one of Chase’s strongest transfer partners. The Sapphire Preferred can still be a strong travel card, but Hyatt-focused travelers should factor the new ratio into their decision. With the recent Hyatt award chart devaluation, that's an unfortunate double whammy.
From a historical perspective, yes. 100,000 points is a rare, elevated offer for the Sapphire Preferred compared to its typical bonus levels.
However, there are some other important factors:
For those of you eligible for the card and its bonus, I'd jump on the opportunity right away. But if you value Hyatt highly, then the bonus is essentially just the normal offer. Will it ever be higher? Unknown.
Yes, this is a limited-time offer that we haven't seen in over a year. The offer is: Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You should definitely considering getting the card.
Yes, the Chase Sapphire Preferred annual fee can be easy to justify if you use even a few of its credits. For a $95 annual fee, the card offers up to a $100 Chase Travel hotel credit each account anniversary year, up to $120 every four years for Global Entry, TSA PreCheck, or NEXUS, a complimentary Apple TV subscription, DashPass, and monthly DoorDash non-restaurant credits. Together, those perks can add up to roughly $600+ in potential value before counting the 100,000-point bonus, rewards categories, or travel protections.
The Sapphire Preferred now earns 5x on Chase Travel purchases, 3x on dining, gas, EV charging, select streaming services, online groceries, and eligible vacation homes, 2x on other travel, and 1x on other purchases. 3x on vacation homes like Airbnb/VRBO is a rare category not seen on many cards
