Chase Sapphire Preferred’s Welcome Offer Can Land You 60,000 Points

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The Chase Sapphire Preferred credit card is offering new cardmembers 60,000 Ultimate Rewards points after spending $4,000 in the first three months from opening an account. That’s $750 when you redeem through the Chase Ultimate Rewards travel portal.

See: The 10 Best Travel Credit Cards Available Now
Find: Best Chase Travel Credit Cards

The card holds a $95 annual fee and has $0 foreign transaction fees, which is not something to overlook as these charges tend to quickly add up when you travel. For example, if you spend $5,000 internationally, you would avoid $150 in foreign transaction fees, Chase said.

Be aware, however, that this card is not available to current cardmembers of any Sapphire credit card, or previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months.

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In addition, the card enables you to:

  • Earn 5x total points on travel purchased through Chase Ultimate Rewards; earn 2x on other travel purchases
  • Earn 3x points on dining, including eligible delivery services, takeout and dining out
  • Earn 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs)
  • Earn 3x points on select streaming services

Another great benefit for travelers is the travel coverage the card provides. This includes trip cancellation/interruption insurance: for example, if your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotel.

It also includes auto rental collision damage waiver, baggage delay insurance, trip delay reimbursement, and travel and emergency assistance services.

See: How To Get Fraudulent Charges Removed From Your Credit Card
Find: 5 Credit Cards That Are Great for Families

In addition, if you are a member of a frequent travel program, you can transfer your points to leading frequent travel programs at 1 to 1 value.

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About the Author

Yaël Bizouati-Kennedy is a full-time financial journalist and has written for several publications, including Dow Jones, The Financial Times Group, Bloomberg and Business Insider. She also worked as a vice president/senior content writer for major NYC-based financial companies, including New York Life and MSCI. Yaël is now freelancing and most recently, she co-authored  the book “Blockchain for Medical Research: Accelerating Trust in Healthcare,” with Dr. Sean Manion. (CRC Press, April 2020) She holds two master’s degrees, including one in Journalism from New York University and one in Russian Studies from Université Toulouse-Jean Jaurès, France.
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