What is the highest Chase Sapphire Preferred bonus?
The new 80,000-point sign-up bonus represents the biggest welcome offer on the Chase Sapphire Preferred® Card in nearly two years. Chase briefly offered a sign-up bonus of 100,000 points in June 2021 before dropping back down to 60,000 points.
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New Sapphire Preferred cardholders can earn 80,000 bonus points after spending $4,000 on purchases in the first three months from account opening. Plus earn a $50 statement credit on grocery purchases within your first year after account opening.
While there is no official score required, it is generally known that the Chase Sapphire Preferred® Card requires a good credit score, which means 690 or higher. This is not a hard and fast rule, however, and those with credit scores lower than 690 could possibly get approved.
Simply put, if you've opened five or more new credit card accounts with any bank in the past 24 months, you will not likely be approved for a new Chase card. The 5/24 rule applies to almost all Chase credit cards, including popular ones like the Chase Sapphire Preferred and Chase Sapphire Reserve®.