The Chase Sapphire Preferred® Card (see rates and fees) is currently offering a giant sign-up bonus. In fact, it's the biggest bonus we've seen from Chase in years.

To earn the limited-time offer of 100,000 bonus points, you'll need to spend $5,000 within the first 3 months of account opening -- and we estimate that 100,000 bonus points is worth up to $1,250 in Chase Travel℠ value.

This is a massive offer -- but it won't be around forever.

How to earn the bonus

To earn this 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 not sure that you can meet 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.

Other perks you should know about

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. If you're looking for a new travel card with plenty of perks and a reasonable annual fee, apply for the Chase Sapphire Preferred® Card today and start earning up to $1,250 in Chase Travel℠ value.

Should you apply?

If you travel often and want to maximize rewards, this card is a strong contender -- especially with this special welcome offer. But before you apply, consider these factors:

• Make sure you can meet the spending requirement responsibly without stretching your budget.
• A good to excellent credit score (typically 700 or higher) is usually necessary for approval.
• If you already have a similar travel card, check if you're eligible for the bonus.

Since this offer won't be around forever, waiting too long could mean missing out. If this card aligns with your spending habits, now could be the right time to apply.

What are you waiting for?

Credit card offers like this don't last forever. A bonus this size could take you on your next big adventure, whether that's an international trip or a luxury hotel stay. But if you're interested, don't wait -- once the deal is gone, there's no telling when it might return.