If you've been waiting for the right time to sign up for a travel rewards credit card, this might be it. Chase just rolled out a massive welcome bonus on its popular Chase Sapphire Preferred® Card (see rates and fees): 100,000 bonus points after you spend $5,000 in the first 3 months. That's worth up to $1,250 in Chase Travel℠ value when redeemed through Chase Travel℠.

This offer is one of the best we've seen, and it won't be around forever. If you're looking for big travel rewards, it's time to act.

Why 100,000 bonus points is a game-changer

The Chase Sapphire Preferred has long been a favorite among travelers, thanks to its flexible redemption options and high cash back rate. But a sign-up bonus of 100,000 bonus points is next-level.

Here's what 100,000 bonus points can get you:

• Thanks to a 25% points boost when redeeming points in the Chase Travel℠ portal with the Chase Sapphire Preferred® Card, 100,000 bonus points is worth up to $1,250 in Chase Travel℠ value.
• $1,000 in statement credits or direct travel bookings.
• Even more value when transferring points to partners like Hyatt, United, or Southwest, where strategic redemptions can stretch your points further.

What you need to do to get the bonus

To unlock the bonus, you'll need to spend $5,000 within the first 3 months of account opening. That breaks down to about $1,667 per month.

If you're worried about meeting the spending requirement, consider these strategies:

• Use the card for everyday expenses like groceries, gas, and dining.
• Pay bills or a large expense you've been planning.
• Book future travel now.

Additional perks that make this card worth it

Beyond the welcome bonus, the Chase Sapphire Preferred® Card offers solid ongoing value:

• 5X points on travel purchased through Chase Travel℠.
• 3X points on dining, select streaming services, and online groceries.
• 2X points on all other travel.
• 1X points on other purchases.
• Trip cancellation/interruption insurance, baggage delay coverage, and rental car insurance.
• No foreign transaction fees, making it a great option for international travel.

With a $95 annual fee, this is a premium travel credit card without the high price tag of luxury cards like the Chase Sapphire Reserve® or Amex Platinum Card.

Start earning up to $1,250 in Chase Travel℠ value today -- apply for the Chase Sapphire Preferred® Card now.

Is this the right card for you?

If you love travel rewards, this bonus is hard to beat -- even if you're not a frequent flyer. Points go further when they're redeemed for travel, but you can use your points for cash back, gift cards, or even pay-yourself-back statement credits.

The key question is: Can you comfortably meet the $5,000 spending requirement in 3 months? If so, this is an excellent opportunity to score $1,000-plus in travel rewards.