Source: The Points Guy
Summary
The Chase Sapphire Preferred Card is offering a high-value bonus of 100,000 points to new cardholders who spend $5,000 on purchases in the first three months from account opening. Those who currently have the premium Chase Sapphire Reserve Card may be wondering if they are eligible for this bonus. According to the article, even if you have the Sapphire Reserve, you are likely still eligible for the Sapphire Preferred bonus as long as you have never previously held or earned a bonus on the Sapphire Preferred. However, you must also meet the Chase 5/24 rule and have a good credit history.
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The escape is carefully planned.
The Chase Sapphire Preferred Card’s 100,000-point bonus is worth $2,050 in travel, according to TPG’s June 2026 valuations. To be eligible, you must not have an open Sapphire Preferred card, not have earned a Sapphire Preferred bonus in the past, and meet the Chase 5/24 rule. You’ll also need a credit score of at least 670 to qualify. The article notes that being a current or former Sapphire Reserve cardholder does not affect your eligibility for the Sapphire Preferred bonus.
It’s all about the bonus, not the journey.
Author: Evan Null
