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Chase Sapphire Preferred's 100K Bonus Is Back — Worth It?

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The Big Travel Card Offer Is Back

If you’ve been eyeing a travel rewards card for that fall trip you’re already dreaming about, pay attention: according to The Points Guy, the Chase Sapphire Preferred’s 100,000-point welcome offer has returned as of July 2, 2026. TPG calls it one of their favorite travel cards, and a bonus at this level doesn’t show up constantly — it tends to come and go, which is exactly why it’s worth a look now rather than assuming it’ll still be there next month.

What Makes This Notable

A 100,000-point sign-up bonus is a meaningful chunk of points to start a travel fund, whether that means offsetting flights, hotel stays, or just building a cushion for next year’s vacation budget. TPG’s framing — “why I wouldn’t wait” — suggests this offer level isn’t guaranteed to stick around, so if you’ve been on the fence about a travel card, this is the kind of moment that tips the scale.

Who This Is Best For

This kind of offer makes the most sense for:

  • Families planning fall or holiday travel who want to offset flight or hotel costs with points earned now
  • Value-seekers who pay their balance in full each month — a big welcome bonus is only a good deal if you’re not carrying interest charges
  • Anyone with an upcoming beach trip, road trip, or family visit who wants to start racking up travel rewards during peak summer travel season
  • Frequent travelers already comparing premium travel cards and looking for a strong entry point

This is not the right pick for anyone who doesn’t travel often, doesn’t want to track a rewards strategy, or who tends to carry a credit card balance — the value of point bonuses evaporates quickly against interest costs.

A Quick Note on Alternatives

Every travel card has its own rewards structure, annual fee, and redemption quirks, and welcome offers shift over time. Before applying for any card — this one included — it’s worth comparing the current terms, minimum spend requirement, and annual fee directly on the issuer’s page, since those details can change even when the headline bonus stays the same.

Caveats

Welcome offers like this one are typically time-limited and can require hitting a minimum spending threshold within the first few months to unlock the full bonus. TPG’s report is dated July 2, 2026 — offers like this can be adjusted or pulled with little notice, so don’t assume it’ll still be active if you wait too long to decide.

Bottom Line

If a travel rewards card has been on your to-do list, a 100,000-point offer is a strong reason to stop putting it off. Read the full breakdown from The Points Guy before you apply, and make sure the card’s current terms fit how you actually spend and travel.