As you could nicely have seen, the Chase Sapphire Most popular® Card (see charges and costs) simply launched a proposal 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 present 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 based mostly on our April 2025 valuations.
Supply alert: Add 100K Final Rewards Factors to your steadiness with this limited-time provide on the Chase Sapphire Most popular.
However slicing via 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 big launch gives 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 gives are frequent … besides after they aren’t
For those who’ve watched the rewards bank card house through the years, you’ve got in all probability seen the development of welcome gives getting larger and larger. For instance, 10 to fifteen years in the past, it was frequent for a big welcome bonus to be within the neighborhood of 25,000-50,000 factors.
In our recollections, the primary actually large six-figure card provide got here from Capital One in March 2011 as a part of a “Match Your Miles” promotion (not obtainable). The bottom provide was simply 10,000 factors (Capital One would later shift to miles as its forex), however you might earn as much as 100,000 extra bonus factors when you had an present steadiness of rewards in one other account, which was seemingly far much less frequent again then.
That very subsequent month, Chase would launch a 100,000-mile bonus (not obtainable) on the British Airways Visa Signature® Card (see charges and costs), a program that has additionally since moved to a brand new forex — Avios. However these have been anomalies in a sea of smaller gives.
Each day E-newsletter
Reward your inbox with the TPG Each day e-newsletter
Be a part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists
And, as TPG readers know, not all factors and miles are created equally. It is common to see cobranded playing cards from applications like Hilton Honors and IHG One Rewards cross the six-figure mark. However these currencies are value considerably much less on a per-point foundation.
Alternatively, Chase factors rank among the many most respected rewards on the market based mostly on our knowledge and private expertise. We recurrently get at the least 2 cents in worth per level when maximizing with companions corresponding to World of Hyatt, Air Canada Aeroplan and Air France-KLM Flying Blue.
But it surely’s not simply the variety of factors. In spite of everything, we have seen a variety of welcome bonuses within the 100,000-plus vary in the previous few years, however they usually have hefty spending necessities to get the total bonus. Or, the cardboard could have a excessive annual payment of tons of of {dollars} that would discourage a extra informal traveler.
That is what makes this new Sapphire Most popular provide so uncommon.
In spite of everything, you possibly can earn 100,000 Chase factors with one welcome bonus on a private bank card with only a $95 annual payment by spending $5,000 in three months. That works out to $1,666.67 in spending monthly. That is not precisely simple, however knowledge from the latest Client Expenditure Survey exhibits that the common American family spent $77,280 in 2023. Even when you take away housing expenditures from the calculation (although there are methods to pay lease with a bank card), that is nonetheless greater than $4,300 a month, a lot of which may seemingly go on a card as of late.
Associated: Are you able to pay lease with a bank card? Every little thing it is advisable know
After which there’s the necessary actuality that now we have 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 a couple of 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 via March 2017. However once more, that was greater than eight years in the past, and that card on the time had a $450 annual payment (it is now $550), so it isn’t precisely apples to apples towards a $95-per-year card.
The TL;DR is that this:
- The Sapphire Most popular has been available on the market 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 practically 4 years in the past — because the world was popping out of the depths of the pandemic.
So, it isn’t 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 great 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 applications. Wish to benefit from that annual payment? 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 good friend with a Ph.D. in arithmetic.
Fortunately, the Sapphire Most popular’s bonus, in addition to its total worth proposition, continues to be each easy and tremendous rewarding. Apply (and get permitted) for the cardboard. Spend at the least $5,000 in three months (keep in mind that the annual payment would not rely towards that complete). Earn 100,000 bonus factors.
The one ongoing perk you really want to trace on the cardboard is a $50 annual assertion credit score for lodge purchases made via Chase Journey℠. However apart from that, you merely use the cardboard and earn factors (plus get pleasure from a number of the greatest 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 completely different money worth equivalents, and that is for good motive.
There are other ways to make use of Chase Final Rewards factors. For those who use them to guide issues like flights, accommodations or automotive leases by way of the Chase Journey portal, you get a set worth of 1.25 cents per level. Meaning your 100,000-point bonus could be value $1,250.
Nevertheless, consider that as the place to begin to your rewards — there’s potential for extra. A lot, far more. And all of it comes all the way down to the slate of Chase Final Rewards switch companions.
You may convert your Chase factors to 11 airline currencies and three lodge currencies at a 1:1 ratio (except you’ll be able to time issues proper with a switch bonus). And when you use the fitting associate for the fitting redemption — suppose long-haul business-class flights or award nights at luxurious resorts — you could have the prospect to get considerably extra worth from every level.
Listed below are a couple of 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 top notch 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) by way of 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) by way of 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 considered one of these awards was truly booked by a TPG staffer utilizing an Final Rewards switch associate 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 payment — that is an distinctive deal.
Learn extra: 10 greatest 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 keep 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 acquired busy and by accident missed it then have been very upset and hoped it could return quickly. Properly, 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 strategy to understand how lengthy it is going to be round — however it would undoubtedly rank among the many greatest gives now we have seen within the virtually 15 years since The Factors Man launched.
Apply now: Chase Sapphire Most popular Card with a 100,000-point bonus
