I’ve had the Chase Sapphire Preferred® Card for more than five years. I use it all the time. I’m genuinely confused when I meet a frequent traveler that doesn’t have it (yes, I irritatingly ask people which cards they have in their wallet).
It’s the first card I recommend when a friend or family member asks how they can do the stuff I do—namely, book free airfare to stay at free hotels. They always think there’s a catch until they do it themselves and realize how easy it is.
The Chase Sapphire Preferred is currently offering 60,000 bonus points after spending $4,000 on purchases within the first three months from account opening. That’s $750 when you redeem through Chase Travel℠.
Let’s take a look at nine fun ways to use the current Chase Sapphire Preferred bonus—from the elementary to the expert—so you can better understand how powerful this offer is.
Chase Sapphire Preferred® Card
60,000 Bonus Points
after spending $4,000 on purchases within the first three months from account opening
The Chase Sapphire Preferred Card is the ultimate all-around travel credit card—it fits perfectly into almost any points-earner’s wallet. Points novices can enjoy a significant intro bonus and easy to grasp spending categories with an approachable annual fee. The more experienced can utilize its high value earning potential as a secondary card and also gain access to Chase’s strong travel booking portal.
PROS
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. The 60,000 points, for example, are worth $750 toward travel.
- The $50 dollar hotel credit for stays purchased on the Chase Travel Portal already cuts the already approachable $95 annual fee significantly.
- A 10% annual points bonus is tacked on every year, adding a little more value.
- A free year-long Doordash DashPass membership is also thrown in, which gives you free delivery and some extra discounts. It’s a solid perk if you order food delivery at least semi-frequently (Activate by 12/31/2024).
- Along with all of the above, cardholders also have access to a string of travel protections like rental coverage, cancellation insurance, and purchase protection.
CONS
- Maximizing the value of Chase points can still be complicated for complete novices.
- Competing cards like the Capital One Venture have a better earning rate for non-bonused spend.
- It’s subject to Chase’s 5/24 rule. So, if you’ve opened five cards in the last two years, you’re most likely not going to be accepted
Annual Fee: $95 | Terms Apply | Rates & Fees
1) $750 in foolproof free travel
While not the absolute highest-possible redemption value, the easiest way to use your Chase points for travel is through the Chase Travel Portal.
With the Chase Sapphire Preferred, you can redeem points for airfare, hotel stays, rental cars, and more at a rate of 1.25 cents each.
The Chase Sapphire Preferred 60k bonus points offer is worth a guaranteed $750 in travel at the very least.
There are several benefits to redeeming your Chase points through the Chase Travel Portal:
- It doesn’t require you to be familiar with the intricate aspects of awards travel, such as understanding which airline and hotel transfer partners offer the best value for specific situations.
- You can book boutique hotels that don’t participate in a loyalty program.
- You won’t have to worry about blackout dates and award availability.
You can also redeem your points in tandem with the Chase Sapphire Preferred annual $50 hotel credit.
The Chase Sapphire Preferred offers up to $50 in hotel credit each cardmember anniversary year. As long as you pay for a hotel through the Chase Travel Portal with your card, you’ll automatically receive a statement credit within a few days.
–> Apply for the Chase Sapphire Preferred card here.
2) Multiple round trip flights to Europe
Chase Ultimate Rewards points transfer in Flying Blue at a 1:1 ratio.
Flying Blue is the loyalty program shared by Air France and KLM. It’s one of the most advantageous Chase Transfer partners, as its transcontinental prices are lower than you’ll find (nearly) anywhere else.
It’s not difficult to find flights to Europe—and even all the way to Israel—for as little as 15,000 miles each way in economy from locations like
- Boston (BOS)
- Chicago (ORD)
- Dallas (DFW)
- New York (JFK)
Flying Blue also publishes frequent promotions that make these routes as cheap as a domestic flight.
For example, there are currently loads of flights available from Miami to Paris for just 12,750 each way in economy. You’ll have to pay some taxes and fees (usually hovering around $100 each way), but the points savings justifies the out-of-pocket cost for most of us.
With the Chase Sapphire Preferred 60k bonus points offer, you could have more than enough rewards for multiple round trip flights to Europe—though, again, you’ll have to pay taxes and fees.
3) Weekend at a five-star hotel
Chase Ultimate Rewards points transfer to Hyatt at a 1:1 ratio.
Hyatt owns some of the most mind-bendingly beautiful hotels in the world—and several of them top the bucket lists of miles and points addicts.
You could throw an entire 60,0000-point bonus at one weekend to stay at a place you otherwise wouldn’t dream of. The Park Hyatt Vienna is a great example of what this current card offer can do.
One night at the Park Hyatt Vienna routinely costs more than $700.
But you can reserve the same room for 25,000 points.
With the current Chase Sapphire Preferred 60k bonus points offer, you could spend at least two nights at any of the most prestigious and offensively priced hotels Hyatt has to offer.
4) 5 short flights
Chase Ultimate Rewards points transfer to British Airways at a 1:1 ratio.
British Airways partners with many carriers to allow you to book award flights on partners such as American Airlines and Alaska Airlines. This makes British Airways Avios points an excellent tool for traveling domestically.
British Airways prices its award flights based on the distance of each leg. Here’s what you can expect to pay per leg when flying within North America:
- Flights up to 650 miles — 7,500 points
- Flights between 651 and 1,151 miles — 9,000 points
- Flights between 1,152 and 2,000 miles — 11,000 points
- Flights between 2,001 and 3,000 miles — 13,000 points
For example, if you primarily book flights within the 651-1,151 mile range, you could potentially book 5 one-way flights within that distance range with 60,000 bonus miles.
These short jaunts can sometimes be exorbitant. Using the Chase Sapphire Preferred 60k bonus points offer, you should have no problem squeezing $1,000+ in value when transferring points to British Airways.
5) 1 round trip flight to Hawaii
Chase Ultimate Rewards points transfer to Singapore Airlines at a 1:1 ratio.
Singapore Airlines partners with United Airlines to give you an uncommonly cheap way to reach Hawaii.
When flying United Airlines to Hawaii from anywhere in the US, you’ll typically need 19,500 Singapore Airlines miles each way in economy class. With 60,000 bonus miles, you would have enough for one round trip flight to Hawaii. This means you can still enjoy a significant discount on your airfare, particularly if you’re flying from the East Coast.
6) 7+ nights at a roadside motel
Chase Ultimate Rewards points transfer to Hyatt at a 1:1 ratio.
If you’re more of a road-tripper, Hyatt may become your preferred transfer partner. Rather than using all your points on a single weekend getaway, you can maximize the value of your Hyatt points by enjoying free stays at convenient and high-quality hotels, whether along the highway or in town.
Standard rates for the cheapest Hyatt hotels typically cost 5,000 points per night, but during off-peak dates, you can find them for just 3,500 points. This presents an incredibly affordable option.
For instance, let’s consider a roadside motel like the Hyatt Regency Tulsa Downtown, which costs 3,500 points per night during off-peak dates.
Considering that the same room would cost $139 per night, it’s easy to see the value you can extract from a 60,000-point bonus through this type of redemption. With this bonus, you could potentially save more than $2,000 on your extended stay at a roadside motel, allowing you to enjoy 7+ nights of comfortable accommodation while saving significantly.
7) Lie-flat business class from New York to Europe
Chase Ultimate Rewards points transfer to Singapore Airlines at a 1:1 ratio.
There are select airlines that offer exceptional business class experiences for points-savvy travelers. One popular option is to use your Chase Ultimate Rewards points to book business class flights from New York to various destinations in Europe.
By leveraging the transfer partners available through Chase, such as Singapore Airlines, Virgin Atlantic, or other partner airlines, you can explore the possibility of redeeming 60,000 bonus miles for a lie-flat luxury business class seat.
While specific routes and availability may vary, these miles could significantly offset the cost of a business class ticket that would typically cost thousands of dollars.
8) 5 nights at an all-inclusive resort
Chase Ultimate Rewards points transfer to Hyatt at a 1:1 ratio.
Using travel rewards for a stay at an all-inclusive hotel is as truly free of a vacation as you’ll ever book.
Nightly rates at Hyatt’s all-inclusive properties start at just 12,000 points. That means, after meeting minimum spending requirements and earning the Chase Sapphire Preferred’s 60,000-point bonus, you’ll have enough points to spend five nights at one of these resorts.
As an example, AluaSoul Orotava Valley is available for 12,000 points per night throughout much of the year.
The only thing to note is that the cash rates are also low for this hotel. Before you make your booking, ensure that booking your travel through the Chase Travel Portal at 1.25 cents each isn’t a better deal than transferring points to Hyatt.
9) Amazing lie-flat seat to Japan
Chase Ultimate Rewards points transfer to Virgin Atlantic at a 1:1 ratio.
This redemption is worth mentioning even though taxes and fees can be a major annoyance.
Virgin Atlantic partners with one of the most luxurious airlines in existence—Al Nippon Airways (ANA), an airline of Japan.
One-way award prices when booking ANA via the Virgin Atlantic website cost:
- Economy
- 30,000 miles from the West Coast
- 32,500 miles from the East Coast
- Business class
- 45,000 miles from the West Coast
- 47,500 miles from the East Coast
As you can see, you’ve got plenty of options for visiting Japan in style with Virgin Atlantic miles. You could fly a combination of economy and business class, or you could save up a few thousand more miles and book a round trip in business class.
Final points
There are endless ways to use the Chase Sapphire Preferred’s current 60,000-point bonus for enormous savings. The card’s points are flexible enough to match anyone’s travel style.
Chase Sapphire Preferred® Card
60,000 Bonus Points
after spending $4,000 on purchases within the first three months from account opening
The Chase Sapphire Preferred Card is the ultimate all-around travel credit card—it fits perfectly into almost any points-earner’s wallet. Points novices can enjoy a significant intro bonus and easy to grasp spending categories with an approachable annual fee. The more experienced can utilize its high value earning potential as a secondary card and also gain access to Chase’s strong travel booking portal.
PROS
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. The 60,000 points, for example, are worth $750 toward travel.
- A 10% annual points bonus is tacked on every year, adding a little more value.
- A free year long Doordash DashPass membership is also thrown in, which gives you free delivery and some extra discounts. It’s a solid perk if you order food delivery at least semi-frequently (Activate by 12/31/2024).
- Along with all of the above, cardholders also have access to a string of travel protections like rental coverage, cancellation insurance, and purchase protection.
CONS
- Maximizing the value of Chase points can still be complicated for complete novices.
- Competing cards like the Capital One Venture have a better earning rate for non-bonused spend.
- It’s subject to Chase’s 5/24 rule. So, if you’ve opened five cards in the last two years, you’re most likely not going to be accepted.
Annual Fee: $95 | Terms Apply | Rates & Fees
by travelers, for travelers.
