Travelers: 100,000 Point Signup Bonus Is Now Available
Link: 100,000 Point Bonus (!): New Chase Sapphire Preferred Reserve Card
Big news: my favorite credit card for travelers has been upgraded and now offers a huge 100,000 point bonus. The original card is still available (and it’s still great), but for many people, this new one is even better.
You’ll receive the 100,000 points bonus after completing a $4,000 minimum spend in four months. There’s a $450 annual fee, but this is offset by a $300 credit for anything you spend on travel—and you can earn the credit every calendar year, meaning that in the first year you’ll essentially get a $600 credit.
Additional benefits include:
- Earn 3x points for all travel and dining spend (normally 2x for the Chase Sapphire Preferred)
- Complimentary Priority Pass membership, getting you into more than 900 airline lounges worldwide
- Global Entry or TSA Pre-Check credit, up to $100 every four years
- Reimbursement of up to $500 when your flight is delayed by at least six hours
- Primary car rental insurance coverage (i.e. never get upsold again)
This isn’t an affiliate promotion, and I don’t receive any compensation for it at all.
The only downside is that if you’ve been getting a lot of cards recently, you may not be eligible for this one. Chase recently introduced a requirement that new cardholders can’t have applied for more than 5 cards in the past 24 months. This “5/24 rule” is definitely a challenge for many of us.
Since the new Reserve card is, well, new, no one is entirely sure if the 5/24 rule applies to it—but the initial reports are that it does. Therefore, if you’re like me and have had a bunch of applications in the past two years, it might be better to wait a bit and see how this shakes out. This new card isn’t going to disappear, and I don’t think the 100,000 points signup bonus will go away for at least several weeks at minimum.
If you haven’t applied for 5 cards in the past 24 months, the signup bonus alone is an amazing offer that you should definitely take advantage of.
Again, there’s no affiliate link for this offer (or at least I don’t have one)—it’s just a great deal! Let me know if you’re able to get it.
Link: New Chase Sapphire Reserve (100,000 point bonus, $450 annual fee)
Link: Original Chase Sapphire Preferred Card (40,000 point bonus, no annual fee for first year)