The Chase Sapphire Preferred Card remains one of the best credit cards to consider for earning travel rewards on every purchase that are not specific to one airline or hotel chain.
The Chase Sapphire Preferred Card provides two points per dollar spent on travel and dining at restaurants and 1 point per dollar spent on all other purchases. Points transfer to leading frequent travel programs at full value (1:1) — that means 1,000 Chase Ultimate Rewards points equal 1,000 partner miles/points.
There’s also an attractive bonus for new cardmembers: You can earn 50,000 bonus points when you spend $4,000 on purchases in the first three months from account opening. That’s $625 in travel when you redeem through Chase Ultimate Rewards. Plus, earn and additional 5,000 bonus points after you add the first authorized user and make a purchase in the first three months from account opening.
The Sapphire Preferred’s intro bonus is extremely attractive, and the lack of foreign currency transaction fees is a big selling point for international travelers. That said, after the first year you’ll need to spend about $1,000 a month to break even on the annual fee in rewards points, so if you’re spending is more on tune to a few hundred dollars a month, a card with no annual fee is a better bet.
If you fly at least a few times a year and enjoy earning credit cards rewards in the form of free airfare, travel rewards cards like the Chase Sapphire Preferred Card can make more sense than cash back credit cards simply because the free airfare is sometimes worth more than straight cash back. As I’ve said before, however, the less-frequently you travel, the more cash rewards credit cards seem like the better option.
If a travel rewards card is for you, the Chase Sapphire Rewards Card is a good pick.
One feature that makes the Sapphire credit card stand out among competing cards is access to 24/7 dedicated customer service advisors. Basically, this is a free concierge service that can help you in your travels (or even in your everyday life).
One writer pushed the limits of what this service can offer. While he couldn’t get Chase to call him with daily motivational affirmations, he was able to get help with a crossword puzzle clue and some information on space travel. Who knew?
Learn more or apply for the Chase Sapphire Preferred Card:
Credit Needed: Excellent
- Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards®
- 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- $0 foreign transaction fees, plus chip-enabled for enhanced security and wider acceptance when used at a chip card reader
- 1:1 point transfer to leading frequent travel programs at full value — that means 1,000 Chase Ultimate Rewards points equal 1,000 partner miles/points
- Travel and shop with confidence with premium Travel and Purchase Protection Benefits, including Trip Cancellation/Trip Interruption Insurance, Auto Rental Collision Damage Waiver, Purchase Protection and more
- 24/7 direct access to dedicated customer service specialists
- Introductory Annual Fee of $0 the first year, then $95
- See additional Chase Sapphire Preferred® Card details
|Regular APR||Annual Fee|
|N/A||N/A||N/A||N/A||15.99% Variable||Introductory Annual Fee of $0 the first year, then $95|