The Chase Sapphire Preferred® Card is currently offering an increased 80,000-point welcome bonus.
You can redeem your bonus points to get $1,000 or more in value, even if you're not traveling.
80,000 points are worth $1,000 when you book travel through Chase or redeem with Pay Yourself Back.
The Chase Sapphire Preferred® Card is one of the most popular credit cards available, and it's currently offering its highest-ever welcome bonus to new cardholders: 80,000 Ultimate Rewards points after you spend $4,000 in the first three months of having the card.
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Chase markets the 80,000-point welcome bonus from the Chase Sapphire Preferred® Card as being worth $1,000 towards travel (a value of 1.25 cents per point), and this is the value you'll get when you book your reservations directly through Chase. This isn't always the most lucrative way to redeem your Chase points, but it serves as a good baseline of value.