The Sapphire Preferred comes with 80,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That's worth a minimum of $1,000 in travel, and a whole lot more if you're familiar with the best ways to use Chase points.

There seems to be a slight misunderstanding regarding the number of zeroes; the famous "high-water mark" for the Chase Sapphire Preferred sign-up bonus is typically 80,000 points, not 800,000. An 800,000-point offer does not exist in the public credit card market and would be worth approximately $10,000 in travel, which is far beyond standard bank incentives. The 80,000-point offer (and sometimes a 100,000-point offer) is a limited-time promotion that Chase runs to attract new customers. To earn this bonus, you usually have to spend a certain amount—typically $4,000—on purchases within the first three months of account opening. These "Ultimate Rewards" points are highly valued because they can be transferred 1:1 to airline and hotel partners like United, Southwest, and Hyatt. If you were to see a "Chase Sapphire Preferred 800000" advertisement, it is likely a typo or a fraudulent "phishing" attempt. Always check the official Chase website or reputable financial review sites to verify the current "all-time high" offer, which is a key strategy for "travel hackers" looking to fund their vacations through credit card rewards.