New Sapphire Preferred cardholders have one last chance to earn 100,000 welcome bonus points after spending $5,000 on purchases in the first three months from account opening. This rare offer, which is worth up to $1,250 in travel redemptions, will officially end on May 15 at 9 AM ET.

The Chase Sapphire Preferred's massive limited-time welcome bonus is ending soon. Here's why travel hackers are jumping on it before it disappears.

The Chase Sapphire Preferred® Card is one of the most well-known travel rewards cards, and for good reason. With a low annual fee, it offers competitive rewards and benefits that rival higher-priced cards. Now that it has an all-time high sign-up bonus, this starter travel credit card is worth another look.