Chase Sapphire Preferred: apply or wait?
Offer data captured June 29, 2026 from Doctor of Credit. Card facts verified May 10, 2026.
Today's public offer
100,000 Chase Ultimate Rewards points after $5,000 in 3 months — its standard level.
What gates this card
- Duplicate holdings: the check stops if you already hold this exact card.
- Chase 5/24: 5 or more personal cards opened in 24 months gates this application.
- Chase 24-month bonus rule: Chase bonuses are generally unavailable within 24 months of last receiving a bonus on the same card.
- Sapphire 48-month family rule: One Sapphire bonus per 48 months across Sapphire Preferred and Reserve, and no Sapphire bonus while any Sapphire card is open.
- Minimum-spend feasibility: $5,000 over 3 months ($1,666.67 per month) against your stated spend.
The first-year math
- Annual fee
- $95.
- Credits counted at usable value
- $0 before your spend is supplied.
- Break-even
- $95 after usable credits.
- Cash framing
- $905 in first-year value.
- Transferable points framing
- $1,955 in first-year value.