Top 4 Reasons to get Chase Sapphire Preferred Card
Sign-Up Bonus
New cardholders can earn 60,000 bonus points after spending $4,000 in the first three months. You get 25% more value while redeeming for airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards, i.e., $750.
Chase Ultimate Rewards Program- It offers access to a lucrative Ultimate Rewards Program that allows you to redeem your points for travel, gift cards, and more. This excellent program also provides additional value to your rewards with transfer options to several airlines and hotel partners.
Reward Points
The Chase Preferred Credit Card makes it easy to earn rewards quickly with its fantastic bonus categories. Below are the reward rates as per your purchases:
- 5x Points on travel purchased through Chase Ultimate Rewards
- 3x Points on dining, selected streaming services, and online grocery purchases (excluding Target, Walmart, and Wholesale Clubs)
- 2x Points per dollar on all other travel purchases
- 1x Points on all other purchases.
Chase Travel Insurance
You also get valuable travel and trip insurance benefits such as Trip Cancelation/Interruption Insurance, Baggage Delay Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance, Rental Car Insurance, and more.
Other Perks
This all-rounder credit card for travel rewards comes with perks such as an annual $50 credit on hotel stays booked through Chase Travel.
Get unlimited access to DashPass, which allows you to avoid delivery fees and lower service charges for at least a year (if activated by December 31, 2024). Enjoy an annual $50 credit on hotel stays booked through Chase Travel.
You will earn 10% Anniversary Bonus Points equivalent to 10% of your total purchases from the previous year. For example, if you spend $30,000, you will receive an extra 3,000 bonus points.
Who is this card good for? / Is it the Right Card for you?
Who should get the Chase Preferred Credit Card?
Individuals who If you travel and dine frequently and those who wish to earn quick rewards are the ideal candidates for the Chase Sapphire Preferred Card. It is one of the best credit cards for travel rewards, with a generous reward structure and relatively low annual fees. The card is best suited for both frequent and casual travelers with good to excellent credit who can make the most of the ultimate chase program to maximize travel rewards and fund their vacation with credit card points. If you're looking for a profitable and flexible travel reward card, the Chase Sapphire Preferred Card is a great choice for beginners.
Chase Sapphire Preferred Alternatives to Consider
Every person has different needs according to their lifestyle, so here are a few other card options that are similar or better than this.
If you want a no-annual-fee credit card: Discover It Miles (1.5x Miles for every $1 you spend) and Bank of America Travel Rewards Credit Card (Unlimited 1.5 Points per Dollar).
If you want more credit points on gas and supermarkets: Citi Premier Card has the same $95 annual fee but earns 3x Points on every dollar spent on travel, gas, supermarkets, and dining.
Eventually, your spending habits, traveling plans, and the type of rewards you seek will determine the best card for you. One must compare the benefits and rewards of the cards while making the final decision.
