As you could properly have seen, the Chase Sapphire Most popular® Card (see charges and costs) simply launched a suggestion that the factors and miles world goes a bit bananas over (together with right here within the halls of TPG).
In case you missed it, new candidates for the Sapphire Most popular can at the moment earn 100,000 bonus factors after spending $5,000 on purchases within the first three months from account opening. That is a powerful 40,000 factors increased than the common provide. TPG values these factors at over $2,000 primarily based on our April 2025 valuations.
Provide alert: Add 100K Final Rewards Factors to your stability with this limited-time provide on the Chase Sapphire Most popular.
However reducing by way of the hype, simply how good is that this 100,000-point provide — and is it a contender for among the finest offers we have ever seen?
For instance, does this provide rank up there with the likes of previous enormous launch affords for premium playing cards? What about these long-gone but still-remembered offers just like the US Airways Grand Slam (RIP)?
Let’s roll the tape.
100,000-point card affords are widespread … besides once they aren’t
Should you’ve watched the rewards bank card area over time, you’ve got most likely observed the pattern of welcome affords getting larger and greater. For instance, 10 to fifteen years in the past, it was widespread for a big welcome bonus to be within the neighborhood of 25,000-50,000 factors.
In our reminiscences, the primary actually massive six-figure card provide got here from Capital One in March 2011 as a part of a “Match Your Miles” promotion (now not accessible). The bottom provide was simply 10,000 factors (Capital One would later shift to miles as its foreign money), however you can earn as much as 100,000 further bonus factors for those who had an present stability of rewards in one other account, which was seemingly far much less widespread again then.
That very subsequent month, Chase would launch a 100,000-mile bonus (now not accessible) on the British Airways Visa Signature® Card (see charges and costs), a program that has additionally since moved to a brand new foreign money — Avios. However these have been anomalies in a sea of smaller affords.
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And, as TPG readers know, not all factors and miles are created equally. It is common to see cobranded playing cards from packages like Hilton Honors and IHG One Rewards go the six-figure mark. However these currencies are value considerably much less on a per-point foundation.
However, Chase factors rank among the many Most worthy rewards on the market primarily based on our knowledge and private expertise. We commonly get at the very least 2 cents in worth per level when maximizing with companions akin to World of Hyatt, Air Canada Aeroplan and Air France-KLM Flying Blue.
However it’s not simply the variety of factors. In any case, we have seen quite a few welcome bonuses within the 100,000-plus vary in the previous few years, however they usually have hefty spending necessities to get the complete bonus. Or, the cardboard might have a excessive annual charge of a whole bunch of {dollars} that would discourage a extra informal traveler.
That is what makes this new Sapphire Most popular provide so uncommon.
In any case, you possibly can earn 100,000 Chase factors with one welcome bonus on a private bank card with only a $95 annual charge by spending $5,000 in three months. That works out to $1,666.67 in spending per 30 days. That is not precisely straightforward, however knowledge from the newest Client Expenditure Survey reveals that the common American family spent $77,280 in 2023. Even for those who take away housing expenditures from the calculation (although there are methods to pay hire with a bank card), that is nonetheless greater than $4,300 a month, a lot of which might seemingly go on a card as of late.
Associated: Are you able to pay hire with a bank card? Every thing you want to know
After which there’s the necessary actuality that we have now solely seen the bonus for the Sapphire Most popular go this excessive as soon as ever earlier than — in the summertime of 2021. Even then, it solely lasted just a few months earlier than going again into the “Chase vault.”
The Sapphire Most popular’s flashier and pricier sister, the Chase Sapphire Reserve® (see charges and costs), had a 100,000-point bonus when it launched in 2016, and that lasted by way of March 2017. However once more, that was greater than eight years in the past, and that card on the time had a $450 annual charge (it is now $550), so it is not precisely apples to apples towards a $95-per-year card.
The TL;DR is that this:
- The Sapphire Most popular has been in the marketplace for greater than 15 years.
- That is solely the second time the bonus has hit 100,000 factors in these 15 years.
- The final time was almost 4 years in the past — because the world was popping out of the depths of the pandemic.
So, it is not the form of bonus you see on a regular basis. Merely put, it stays very uncommon for bonuses on playing cards that earn transferable factors to go this excessive — particularly on lower-annual-fee playing cards like this.
The fantastic thing about the cardboard (and the 100,000-point bonus) is its simplicity
The final couple of years have seen complexity creep into the world of journey rewards playing cards and loyalty packages. Wish to take advantage of that annual charge? Be ready to maximize month-to-month assertion credit. Want to determine what number of miles you may earn on that partner-operated flight? Name your pal with a Ph.D. in arithmetic.
Fortunately, the Sapphire Most popular’s bonus, in addition to its general worth proposition, remains to be each easy and tremendous rewarding. Apply (and get permitted) for the cardboard. Spend at the very least $5,000 in three months (do not forget that the annual charge would not rely towards that complete). Earn 100,000 bonus factors.
The one ongoing perk you actually need to trace on the cardboard is a $50 annual assertion credit score for resort purchases made by way of Chase Journey℠. However aside from that, you merely use the cardboard and earn factors (plus get pleasure from a number of the finest journey protections on the market).
This bonus can get you over $2,000 in worth
You might even see this 100,000-point bonus assigned totally different money worth equivalents, and that is for good cause.
There are alternative ways to make use of Chase Final Rewards factors. Should you use them to ebook issues like flights, resorts or automobile leases through the Chase Journey portal, you get a hard and fast worth of 1.25 cents per level. Meaning your 100,000-point bonus could be value $1,250.
Nevertheless, consider that as the start line on your rewards — there’s potential for extra. A lot, way more. And all of it comes right down to the slate of Chase Final Rewards switch companions.
You may convert your Chase factors to 11 airline currencies and three resort currencies at a 1:1 ratio (until you’ll be able to time issues proper with a switch bonus). And for those who use the proper accomplice for the proper redemption — suppose long-haul business-class flights or award nights at luxurious resorts — you’ve gotten the prospect to get considerably extra worth from every level.
Listed here are just a few real-world examples of how one can stretch the worth of those rewards.
| Switch program(s) | Redemption particulars | Variety of factors (plus taxes and costs) | Money value | Worth per Chase level |
|---|---|---|---|---|
| Air Canada Aeroplan | Lufthansa firstclass for one passenger from Frankfurt Airport (FRA) to George Bush Intercontinental Airport (IAH) | 100,000 (plus $209.77) | $10,440.23 | 10.2 cents |
| Virgin Atlantic Flying Membership | KLM enterprise/Virgin Higher Class for 3 passengers from Amsterdam Airport Schiphol (AMS) to Orlando Worldwide Airport (MCO) through Manchester Airport (MAN) | 111,000 (plus $1,172.71) | $6,732 | 5 cents |
| British Airways Membership or Iberia Plus | Iberia enterprise class for 2 passengers from Zurich Airport (ZRH) to Orlando Worldwide Airport (MIA) through Adolfo Suárez Madrid-Barajas Airport (MAD) | 115,000 (plus $474.02) | $5,859 | 4.7 cents |
| World of Hyatt | Hyatt Centric Park Metropolis throughout ski season | 180,000 factors | $6,938.30 | 3.9 cents |
These aren’t made-up or cherry-picked theoretical examples. As a substitute, each one among these awards was really booked by a TPG staffer utilizing an Final Rewards switch accomplice within the final 12 months.
Once more, we’re speaking concerning the potential for hundreds of {dollars} in journey worth from one card bonus with a sensible spending requirement and only a $95 annual charge — that is an distinctive deal.
Learn extra: 10 finest methods to make use of 100K Chase Final Rewards factors
So, is the 100,000-point Sapphire Most popular provide among the finest offers ever?
Briefly … sure.
We bear in mind absolutely the frenzy when the 100,000-point welcome bonus was ending on the Sapphire Most popular in the summertime of 2021. Those that obtained busy and unintentionally missed it then have been very upset and hoped it will return quickly. Nicely, it took about 3 1/2 years, however the wait is over.
Nobody has a Sapphire-colored crystal ball to know what Chase will do subsequent, however we do know that that is being marketed as a limited-time provide. In different phrases, there is no method to understand how lengthy it will likely be round — however it’s going to undoubtedly rank among the many finest affords we have now seen within the virtually 15 years since The Factors Man launched.
So, for those who’re eligible to earn the 100,000 bonus factors and are prepared so as to add to your factors piggy financial institution, that is the second you’ve got been ready for.
Apply now: Chase Sapphire Most popular Card with a 100,000-point bonus
