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Chase just put a hard deadline on one of the best welcome offers we’ve tracked this year for its Ultimate Rewards lineup. The Chase Sapphire Preferred’s 100,000-point bonus ends at 9 a.m. ET on July 30, 2026. After that, it drops back to a lower standard offer. This is only the third time in the card’s 17-year history it’s hit six figures.
How to find out if you’re eligible?
If you’ve been thinking about this card, you can apply through here (non-affiliate public link).
Chase Sapphire Preferred Card
100,000 Bonus Points
What the 100,000-Point Offer Covers
New cardholders earn 100,000 Chase Ultimate Rewards points after spending $5,000 in the first three months. The card carries a $95 annual fee. That’s unusually low for a bonus this size. It’s a big part of why this offer has stood out since it launched.
Some readers report getting this bonus as former Sapphire Preferred holders, not just first-time applicants. That’s worth checking before you assume you’re excluded just because you’ve had the card before. Chase’s rules on repeat bonuses shift over time, and they’re not always publicized clearly.
Which Applicants Actually Qualify
Chase’s standard 5/24 rule still applies here. If you’ve opened five or more personal credit cards across any bank in the past 24 months, you likely won’t be approved, regardless of how good the offer is. That rule has nothing to do with Sapphire Preferred specifically. It’s a blanket policy across nearly all of Chase’s personal cards.
Beyond 5/24, eligibility mostly comes down to whether you’ve held this exact card recently. Checking your pre-qualified offer, as mentioned above, will usually tell you this before you apply, without any risk to your credit score.
Who Actually Benefits From Applying Now
The best case here is straightforward. You already spend $5,000 or more in a typical three-month stretch, you don’t hold Sapphire Preferred already, and you’re under 5/24. For that reader, 100,000 points for a $95 fee is close to the best version of this card Chase has ever offered.
The worst case is applying just to chase the number and falling short of the spend requirement. A missed bonus after a hard credit inquiry is a real cost, not a hypothetical one. If $5,000 in three months means stretching your budget or manufacturing spend you wouldn’t otherwise make, this isn’t the offer to force.
Why This Offer Is Ending Now
Chase has only run 100,000-point offers on this card twice before. Both came during periods when Chase wanted a fast surge in new applications. A hard, publicly confirmed cutoff is unusual too. Most Chase offers just quietly drop back to baseline rather than getting an announced end date.
That suggests Chase expects a rush of last-minute applications and wants a clean line it can point to once the offer disappears. It also means there’s real pressure behind that July 30 date. This isn’t likely to get quietly extended the way smaller offers sometimes do.
Our Take
100,000 Ultimate Rewards points is enough for a real business class redemption once transferred to a partner like World of Hyatt or an airline partner, and a $95 fee is a low bar for a bonus this size. If you can’t comfortably hit $5,000 in three months, skip it. Chasing a bonus you can’t complete isn’t worth the hard credit inquiry, no matter how good the number looks today.
Frequently Asked Questions
The offer ends at 9 a.m. ET on July 30, 2026. Unlike many Chase promotions that quietly revert to a lower bonus, this one has a publicly confirmed hard cutoff date, so there is no expectation it will be extended.
New cardholders must spend $5,000 within the first three months of account opening to earn the full 100,000-point bonus. The card carries a $95 annual fee, which is low relative to the size of this offer.
Possibly. Some readers have reported receiving this bonus as former Sapphire Preferred holders, not just first-time applicants. Chase's rules on repeat bonuses are not always clearly publicized, so it is worth checking your pre-qualification status before assuming you are excluded.
Yes. If you have opened five or more personal credit cards across any bank in the past 24 months, Chase will likely deny your application regardless of the offer. This is a blanket policy that applies to nearly all Chase personal cards, not just the Sapphire Preferred.
This is only the third time in the card's 17-year history that it has reached 100,000 points. Previous offers at this level occurred during periods when Chase was actively trying to drive a surge in new applications.
