Sapphire Preferred 100k: Third time in 17 years, don't wait for a fourth.

Chase has confirmed the 100,000-point welcome offer on the Sapphire Preferred is ending soon. This is only the third time in the card's 17-year history the bonus has hit this level, and the last time it lasted about six weeks. At a $95 annual fee, you're getting a premium-card-sized bonus for a fraction of the cost. TPG values the 100,000 points at $2,050, and you can transfer to partners like Air France-KLM Flying Blue or Air Canada Aeroplan for lie-flat business class to Europe from 60,000 points.

The play: Apply for the Chase Sapphire Preferred before the 100,000-point offer disappears, as it will likely revert to a lower bonus like the previous 75,000 points.