Chase Sapphire Preferred Increases Sign-Up Bonus to 80,000 Points

Chase has quietly increased the sign-up bonus on the Sapphire Preferred to 80,000 Ultimate Rewards points, the highest public offer we've seen in over a year.

To earn the bonus, new cardholders need to spend $4,000 in the first 3 months. At our valuation of 2 cents per point, that's $1,600 in value — minus the $95 annual fee, you're looking at a net first-year value of over $1,500.

Who should apply? Anyone with good-to-excellent credit (670+) who dines out frequently and travels at least a few times per year. The 3x on dining and 2x on travel add up quickly.

How long will this last? Chase hasn't specified an end date, but elevated bonuses like this typically run for 4-8 weeks. We recommend acting soon if you're interested.