Chase Sapphire Preferred® credit card

A Premium Travel Card with High Value Rewards

The Chase Sapphire Preferred® Card has long been one of the most recommended travel credit cards, known for its generous rewards, flexible redemptions, and robust travel protections. With a reasonable annual fee and valuable perks, this card is ideal for frequent travelers looking to maximize their spending power.

Welcome Bonus: A Massive 60,000-Point Start

New cardholders can earn 60,000 bonus points after spending $4,000 within the first three months of account opening. When redeemed through Chase Ultimate Rewards, these points are worth $750 toward travel—a 25% boost in value. If transferred to Chase’s airline or hotel partners, the potential value could be even higher.

💡 Worth noting: This bonus is only available if you have not received a Sapphire cardmember bonus in the past 48 months and do not currently hold a Sapphire card.

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Earning Rewards: Accelerated Points on Travel, Dining & More

The Sapphire Preferred® offers a strong rewards structure with higher earning rates in key spending categories:

• 5x points on travel booked through Chase Travel (excluding hotels that qualify for the $50 annual credit)
• 3x points on:
  • Dining (restaurants, takeout, and eligible delivery services)
  • Online grocery purchases (excluding Walmart, Target, and wholesale clubs)
  • Select streaming services
• 2x points on all other travel purchases
• 1x points on all other purchases

🎯 Ideal for: Those who spend significantly on travel and dining, as these categories offer the highest return.

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Redemption Options: More Value Through Ultimate Rewards

Chase Ultimate Rewards points are extremely flexible and can be used in multiple ways:

1. Travel through Chase Travel – Points are worth 25% more (i.e., 60,000 points = $750 in travel value).
2. 1:1 Transfers to Travel Partners – Convert points to airline and hotel loyalty programs with no devaluation.
3. Statement Credits or Cash Back – Redeem points at a flat 1 cent per point value.
4. Amazon and Apple Purchases – Use points for online shopping, though at lower redemption values.

💎 Best Use: Transferring points to airlines/hotels often yields the highest value, especially for first-class flights and luxury hotel stays.

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Exclusive Travel & Shopping Perks

The Sapphire Preferred® includes built-in travel protections and benefits that can save money and provide peace of mind:

Travel Benefits

✅ $50 Annual Hotel Credit – Earn up to $50 in statement credits each account anniversary for hotel bookings through Chase Travel.
✅ Primary Auto Rental Insurance – Covers theft and damage (up to $60,000) when you decline the rental agency’s collision insurance.
✅ Trip Cancellation/Interruption Insurance – Covers up to $10,000 per traveler for non-refundable trip expenses due to covered reasons.
✅ Trip Delay Reimbursement – Get up to $500 per ticket for unreimbursed expenses if your trip is delayed over 12 hours.
✅ Baggage Delay Insurance – Reimbursement of $100 per day (up to 5 days) for delayed luggage.

Shopping & Everyday Protections

✅ Purchase Protection – Covers damage or theft for new purchases for up to 120 days ($500 per item).
✅ Extended Warranty Protection – Extends manufacturer warranties by one additional year (for warranties three years or less).
✅ Chase Pay Over Time – Allows eligible cardholders to split payments into fixed monthly installments.

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Bonus Perks with Partner Programs

📌 DoorDash – Free DashPass subscription (worth $120), providing $0 delivery fees on eligible orders.
📌 Lyft – Earn 5x points on Lyft rides (valid through March 31, 2025).
📌 Peloton – Earn 5x points on purchases over $150 (up to 25,000 points) through March 31, 2025.

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Chase Sapphire Preferred® vs. Competitors

Feature	Chase Sapphire Preferred®	Capital One Venture Rewards Credit Card	American Express® Gold Card
Welcome Bonus	60,000 points ($750 travel value)	75,000 miles ($750 travel value)	60,000 points
Dining Rewards	3x	2x	4x
Travel Rewards	5x on Chase Travel, 2x other travel	5x on hotels, vacation rentals and rental cars booked through Capital One Travel 2x on all other purchases	3x on flights booked directly at airlines or amextravel.com, 1x on hotels
Annual Fee	$95	$95	$250
Travel Protections	Excellent	Moderate	Excellent

💡 Best for travelers: The Chase Sapphire Preferred® is superior for flexible travel redemptions and insurance perks.

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Who Should Get the Chase Sapphire Preferred®?

✅ Frequent travelers who want premium travel perks without a high annual fee
✅ Foodies and online grocery shoppers looking to maximize dining rewards
✅ People who transfer points to airline and hotel programs for maximum redemption value
✅ Those who want strong travel protections for flights, hotels, and rentals

🚫 Who Should Skip It?
❌ If you already hold a Sapphire card or received a Sapphire bonus in the past 48 months, you’re not eligible.
❌ If you don’t spend much on travel or dining, you may earn better rewards with a flat-rate cash-back card.

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Final Verdict: A Must-Have for Travel Enthusiasts

The Chase Sapphire Preferred® continues to be a top-tier travel rewards card, thanks to its high-value bonus, solid rewards structure, and flexible redemption options. For just $95 per year, you gain access to lucrative travel benefits, comprehensive protections, and valuable partner perks.

 

Reviews of the Chase Sapphire Preferred® Card

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”