Chase Sapphire Preferred Review Page – 50,000 Points, 2x on Travel, & More

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Chase Sapphire Preferred – At Least $625 in Value

The Chase Sapphire Preferred card offers excellent value for travelers. You can earn a 50,000-point sign-up bonus (worth $625 toward travel through Ultimate Rewards) when you spend $4,000 in the first 3 months. At their base level 50,000 Ultimate Rewards points is worth $500 in statement credits.

Chase Trifecta - Sapphire Preferred Bonus Points Offer

Beyond the sign-up bonus, you’ll earn 2x points on dining and travel purchases, a broad category that even includes Uber rides, Airbnb stays, highway tolls, parking lots and meters, and subway rides. Combined with the card’s array of travel protections and insurances (not to mention its lack of a foreign transaction fee) that makes this card a solid option for earning points while traveling abroad.

The Sapphire Preferred carries an introductory annual fee of $0, although you’ll pay $95 each year after that. As an incentive to keep the card after the first year, the Chase Sapphire Preferred comes with some protections:

  • Trip Cancellation/Interruption Insurance
  • Travel and Emergency Assistance Services
  • Roadside Dispatch
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Purchase Protection
  • Price Protection
  • Return Protection

Why Go With a Chase Bank Travel Card?

The perks vary with each Chase bank travel card, but here’s what you can gain by taking advantage of the Chase Sapphire Preferred:

  • Combine points between your eligible Chase cards: With Chase, you can transfer your points to another Ultimate Rewards card (in good standing) held by you, your spouse, or your domestic partner. If you’re saving up for a big trip, that can be hugely helpful.
  • Transfer your points to an airline partner: The Chase Sapphire Preferred and Ink Business Preferred let you transfer your points at a 1:1 ratio to any of its 7 airline transfer partners, including United, Virgin Atlantic, British Airways, and Southwest Airlines– not to mention all of their partnered airlines.
  • Transfer your points to a hotel partner: The same Chase cards will also let you transfer your points to its 4 hotel partners: IHG, Marriott, Ritz-Carlton, and Hyatt. You’ll generally get much better value out of transferring your points to an airline partner, but Hyatt stands out for offering great value on some of its award bookings.
  • Redeem points for more toward travel: With the Sapphire Preferred and Ink Business Preferred, your points will be worth 1.25 cents each toward travel purchases made through the Ultimate Rewards travel portal. You can take advantage of that redemption rate to book flights, hotel stays, car rentals, cruises, and more through Chase.
  • Earn more on your purchases in 7 spending categories: If you carry all 3 of these cards, you can maximize your rewards by using each card primarily for its bonus categories. Those 7 spending categories include a wide variety of purchases, like travel, dining, shipping costs, internet, cable, and phone services, and more.

To see more details or apply on Chase’s secure site click this link: Chase Sapphire Preferred

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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

Mary Renking