There are reports of Chase sending out a targeted offer on the Sapphire Preferred Credit Card offering a total sign-up bonus of 105,000 Ultimate Rewards points.

Given that Ultimate rewards points have a value of roughly 1.7 cents each, this sign-up bonus is worth ~$1,785! However, it also requires some significant spending within the first.


The sign-up bonus is broken down into two parts. You’ll earn 50,000 points when you spend $4,000 on the card within the first 3 months and an additional 5,000 points when you add an authorized user who makes a purchase within the first 3 months. This is the standard current public offer.

The mailed targeted offer differs by offering an additional 50,000 points after you spend $25,000 in the first year.

The good news is this could be a great option if you are under Chase’s 5/24 rule and don’t have a problem hitting the $25k spending requirement. The bad news is that you are only eligible for the offer if you receive the targeted offer in the mail with a invitation number.

Hat tip: US Credit Card Guide

About the author

Rand Shoaf

Introduced to traveling at a young age, Rand has since traveled to over 45 countries. Learning how to maximize credit card sign-up bonuses in college has allowed him to earn millions of travel miles and points. Using the same tips and tricks he writes about here has ultimately allowed him to explore the word for pennies on the dollar.