The Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. This credit card provides numerous benefits and is a popular choice among frequent travelers and those looking to maximize their rewards.
One of the key advantages of the Chase Sapphire Preferred® card is its transferrable Ultimate Rewards program. This means that the points earned with this card can be transferred to a variety of hotel and airline partners, allowing cardholders to redeem their rewards for travel at a higher value. This flexibility is highly valued by frequent travelers who want to have the option to transfer their points to different loyalty programs.
In addition to the Ultimate Rewards program, the Chase Sapphire Preferred® card also offers a generous sign-up bonus. New cardholders can earn a substantial amount of bonus points after meeting the minimum spending requirement within the first few months of card membership. This sign-up bonus can be a great way to kickstart your travel rewards and help you earn free flights or hotel stays.
Another benefit of the Chase Sapphire Preferred® card is its ability to be paired with other Chase cards. If you have other Chase credit cards like the Chase Freedom Flex℠, Chase Freedom Unlimited®, Ink Business Cash®, or Ink Business Unlimited®, you can combine the points earned from these cards into your Chase Sapphire Preferred® account. This allows you to consolidate your points and take advantage of the higher redemption value when transferring to travel partners.
The annual fee for the Chase Sapphire Preferred® card is quite reasonable at $95 per year. Considering the benefits and rewards offered by this card, the annual fee is easily offset by the value you can get from the Ultimate Rewards program. Additionally, cardholders also receive a 10% anniversary bonus on points earned throughout the year, providing even more value for your spending.
Another perk of having the Chase Sapphire Preferred® card is the $50 hotel credit in Chase travel. This credit can be used towards eligible hotel bookings made through the Chase Ultimate Rewards portal. This benefit can help reduce the cost of your hotel stay and make your travels more affordable.
Furthermore, the Chase Sapphire Preferred® card comes with a variety of travel protections and benefits. These include trip cancellation/interruption insurance, baggage delay insurance, and primary rental car insurance. These protections can give you peace of mind when traveling and help you save money on additional travel insurance or car rental coverage.
Overall, the Chase Sapphire Preferred® card is an excellent choice for those looking to start their credit card rewards journey or for those who want to maximize their travel rewards. The transferrable Ultimate Rewards program, the ability to combine points from other Chase cards, and the valuable travel benefits make this card a top contender in the travel rewards credit card market. With its low annual fee and generous rewards, the Chase Sapphire Preferred® card is definitely worth considering for anyone looking to earn and redeem travel rewards.