What is the current Chase Sapphire Preferred offer?

The card offers 100,000 Chase Ultimate Rewards points after spending $5,000 USD within the first three months. This is a limited-time offer. Using a valuation of 1.7 cents per point, this bonus is worth approximately $1,700 USD in travel. You’ll find all the details on Milesopedia.us.

Can a Canadian obtain the Chase Sapphire Preferred?

Yes, but with conditions. Chase issues this card in the United States only. You must therefore generally have a U.S. credit file and a U.S. address. Canadians who already apply for U.S. cards are familiar with this process. The card is not distributed in Canada.

Do you need a U.S. credit file for this card?

In most cases, yes. U.S. issuers like Chase evaluate your credit history in the United States. A Social Security Number (SSN) or ITIN helps greatly. Without a U.S. credit file, approval becomes difficult to obtain.

Can you transfer Chase Ultimate Rewards points to Aeroplan?

Yes. Chase Ultimate Rewards points transfer at a 1:1 ratio to Air Canada Aeroplan and United MileagePlus, among other partners. Note: as of June 15, 2026, the transfer from the Preferred to World of Hyatt changes to 4:3 (40,000 Chase points for 30,000 Hyatt points), while the Reserve maintains the 1:1 ratio.

Why is the Chase Sapphire Preferred not in the Canadian comparison tool?

Because it isn't offered in Canada. We only feature cards distributed in the country in our card comparison tool. For U.S. cards, check Milesopedia.us.

How much is the 100,000-point bonus worth?

Based on a conservative valuation of 1.7 cents per point, the bonus is worth approximately $1,700 USD in travel. However, redeeming with the right airline partners can increase this value, for example, for a business class flight. Remember to compare transfer ratios before converting your points.

Is the 100,000-point offer permanent?

No. This is a limited-time offer with no end date announced by Chase. These enhanced offers typically last from a few weeks to a few months. If the offer interests you, it is therefore preferable to act early.