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Consumer Card Reports > Blog > Personal and Business Cards > Chase > Everything You Need to Know About the Chase Sapphire Preferred Credit Card
ChasePersonal and Business Cards

Everything You Need to Know About the Chase Sapphire Preferred Credit Card

Consumer Card Reports
Last updated: 2024/05/20 at 7:49 PM
Consumer Card Reports Published May 6, 2024
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About Chase Sapphire Preferred Credit Card

The Chase Sapphire Preferred Credit Card is a popular travel rewards credit card known for its generous sign-up bonus and valuable redemption options. It is a favorite among frequent travelers and those looking to maximize their rewards on everyday purchases.

Key Features

Some of the key features of the Chase Sapphire Preferred Credit Card include:

    • Sign-Up Bonus: At the time of this post, the card offers a generous sign-up bonus of 60,000 points after spending $4,000 on purchases in the first 3 months.
    • Rewards Program: Cardholders earn 2X points on travel and dining purchases and 1X point on all other purchases.
    • Transfer Partners: Points can be transferred to a number of airline and hotel loyalty programs at a 1:1 ratio, giving cardholders flexibility in how they use their rewards.
    • Annual Fee: The card has an annual fee of $95, which is waived for the first year.
    • Travel Benefits: Cardholders receive benefits such as trip cancellation/interruption insurance, rental car insurance, and no foreign transaction fees.

Redemption Options

One of the highlights of the Chase Sapphire Preferred Credit Card is the flexibility it offers in redeeming rewards. Cardholders can redeem points for travel through the Chase Ultimate Rewards portal at a value of 1.25 cents per point, or transfer points to a number of airline and hotel partners for potentially higher value redemptions.

Should You Get This Card?

Whether or not the Chase Sapphire Preferred Credit Card is right for you depends on your spending habits and travel preferences. If you are a frequent traveler who dines out often and values flexible redemption options, this card could be a great fit for you. The generous sign-up bonus and valuable rewards program make it a solid choice for those looking to maximize their rewards.

Conclusion

In conclusion, the Chase Sapphire Preferred Credit Card is a top choice for travelers looking to earn valuable rewards on their everyday purchases. With a generous sign-up bonus, valuable rewards program, and flexible redemption options, this card offers excellent value for those who prioritize travel rewards. If you’re in the market for a new credit card and travel frequently, the Chase Sapphire Preferred Credit Card is definitely worth considering.

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Consumer Card Reports May 20, 2024 May 6, 2024
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